Nonprofit · EIN 32-6402383
THE GRATEFUL LIVES FOUNDATION
Tax-exempt · WILMINGTON, DE 19807
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $84,765,909 | $16,990,353 | $67,775,556 | $1,114,710,709 | $81,250 | $1,114,629,459 |
| December 31, 2023 | 990 (amended) | $55,348,909 | $12,702,593 | $42,646,316 | $709,576,436 | $81,250 | $709,495,186 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $63,027,116
- Program service revenue
- $0
- Investment income
- $21,738,793
- Net gain from sales of assets
- $4,440,849
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $16,575,000
- Compensation of officers, directors and key employees
- $361,190
- Salaries, compensation and benefits (total)
- $361,190
- Professional fundraising fees
- $0
- Legal fees
- $9,533
- Program services (functional)
- $16,575,000
- Management and general (functional)
- $415,353
Balance sheet and other
- Total assets, start of year
- $709,576,436
- Total assets, end of year
- $1,114,710,709
- Total liabilities, end of year
- $81,250
- Net assets, end of year
- $1,114,629,459
- Publicly traded securities
- $1,073,161,459
- Gross receipts
- $151,662,236
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2015
- State of legal domicile
- DE
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Bessemer Trust Co of Delaware NA | Trustee Institutional trustee | 10 | $361,190 | $0 | $0 |
| Michael King | Trustee Trustee or director | 1 | $0 | $255,100 | $47,970 |
| Dana Ring | Secretary/Trustee Trustee or director, Officer | 1 | $0 | $237,362 | $29,331 |
| Paul Forbes | Trustee Trustee or director | 1 | $0 | $205,093 | $34,531 |
| Kelly Shepard | Trustee/Former Secretary Trustee or director | 1 | $0 | $85,197 | $26,758 |
| Jonathan C Burrell | President/Trustee Trustee or director, Officer | 5 | $0 | $0 | $0 |
| Devon Rolf | Trustee Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Michael King | Trustee Trustee or director | 1 | $0 | $277,185 | $47,559 |
| Dana Ring | Secretary/Trustee Trustee or director, Officer | 1 | $0 | $227,735 | $21,514 |
| Bessemer Trust Co of Delaware NA | Trustee Institutional trustee | 10 | $243,563 | $0 | $0 |
| Paul Forbes | Trustee Trustee or director | 1 | $0 | $198,862 | $33,363 |
| Kelly Shepard | Trustee/Former Secretary Trustee or director | 1 | $0 | $83,512 | $26,302 |
| Jonathan C Burrell | President/Trustee Trustee or director, Officer | 5 | $0 | $0 | $0 |
| Devon Rolf | Trustee Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- BESSEMER TR 20 MONTCHANIN RD 1500, WILMINGTON, DE 19807-0000
- In care of
- % BESSEMER TUST COMPANY OF DELAWARE
- Signed the 990
- Bessemer Trust, Trustee
- Phone
- (302) 230-2675
- Return prepared by
- McGuireWoods LLP
Mission
To support Christian-based ministries that serve the spiritual, educational, and physical needs of people, helping them come to know the love of Christ and live a dedicated Christian life.
Program accomplishments
- The Foundation made grants, totaling $16,575,000, to its supported organization, the National Christian Charitable Foundation (NCF).Expenses $16,575,000 · grants $16,575,000
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 32-6402383
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type I
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2016
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $1,114,710,709
- Income (IRS master file)
- $151,662,236
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $84,765,909 | $16,990,353 | $1,114,710,709 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $55,348,909 | $12,702,593 | $709,576,436 | XML |
| 990 | December 2022 | $44,773,840 | $23,141,718 | $508,087,059 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 32-6402383).
Questions about THE GRATEFUL LIVES FOUNDATION
- What is the EIN of THE GRATEFUL LIVES FOUNDATION?
- The employer identification number (EIN) of THE GRATEFUL LIVES FOUNDATION is 32-6402383.
- Is THE GRATEFUL LIVES FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to THE GRATEFUL LIVES FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does THE GRATEFUL LIVES FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of THE GRATEFUL LIVES FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE GRATEFUL LIVES FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who are the officers and directors of THE GRATEFUL LIVES FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 7 people; 1 received compensation from the organization, the highest $361,190 (Bessemer Trust Co of Delaware NA, Trustee).
- How much revenue does THE GRATEFUL LIVES FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $84,765,909, expenses of $16,990,353 and total assets of $1,114,710,709 at year end.
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