Nonprofit · EIN 38-3447967
OUR DAILY BREAD MINISTRIES FOUNDATION
Tax-exempt · GRAND RAPIDS, MI 49512
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| March 31, 2025 | 990 | $9,412,260 | $12,784,400 | -$3,372,140 | $29,464,295 | $1,349,015 | $28,115,280 |
| March 31, 2024 | 990 | $6,803,906 | $9,366,944 | -$2,563,038 | $33,398,086 | $531,287 | $32,866,799 |
Financial details: 990 for the year ended March 31, 2025
Revenue
- Contributions, gifts and grants
- $8,274,521
- Program service revenue
- $0
- Investment income
- $1,137,739
- Net gain from sales of assets
- $651,506
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $12,348,856
- Other salaries and wages
- $187,338
- Salaries, compensation and benefits (total)
- $229,183
- Professional fundraising fees
- $0
- Legal fees
- $42
- Travel
- $7,089
- Program services (functional)
- $12,475,581
- Management and general (functional)
- $258,183
- Fundraising (functional)
- $50,636
Balance sheet and other
- Total assets, start of year
- $33,398,086
- Total assets, end of year
- $29,464,295
- Total liabilities, end of year
- $1,349,015
- Net assets, end of year
- $28,115,280
- Publicly traded securities
- $20,549,832
- Net assets with donor restrictions
- $28,115,280
- Gross receipts
- $14,745,939
- Employees
- 0
- Volunteers
- 5
- Year formed
- 1998
- State of legal domicile
- MI
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 March 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Matt Lucas | President Officer | 0.5 | $0 | $286,400 | $30,729 |
| Nancy Schoonmaker | Treasurer Officer | 0.5 | $0 | $208,581 | $6,366 |
| Marty Doorn | Chairman Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| Diane Maher | Vice-Chairman Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| William Bontekoe | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| Jeff Lambert | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| Rick DeHaan | Director Trustee or director | 0.5 | $0 | $0 | $0 |
990 for the year ended March 31, 2024: 7 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Matt Lucas | President Trustee or director, Officer | – | $0 | $265,130 | $29,172 |
| Gary Wicker | Treasurer Officer | – | $0 | $231,405 | $27,775 |
| Marty Doorn | Chairman Trustee or director, Officer | 0 | $0 | $0 | $0 |
| Diane Maher | Vice-Chairman Trustee or director, Officer | 0 | $0 | $0 | $0 |
| William Bontekoe | Director Trustee or director, Officer | 0 | $0 | $0 | $0 |
| Jeff Lambert | Director Trustee or director | 0 | $0 | $0 | $0 |
| Rick DeHaan | Director Trustee or director | 0 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 3000 KRAFT AVE SE, GRAND RAPIDS, MI 49512-2024
- In care of
- % NANCY SCHOONMAKER
- Principal officer (990 for 2024)
- Nancy Schoonmaker, 3000 Kraft Ave SE, Grand Rapids, MI 49512
- Signed the 990
- Nancy Schoonmaker, Treasurer
- Phone
- (616) 942-6770
Mission
Accumulate and invest funds for the benefit of RBC Ministries (also a 501 c 3 organization)
Program accomplishments
- The foundation holds funds for long term investment to benefit RBC Ministries (also a 501 c 3 organization)Expenses $12,475,581 · grants $12,348,856
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 March, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | March 31, 2026 | August 17, 2026 | Not on file |
| 2024 | March 31, 2025 | August 15, 2025 | 990 on file |
| 2023 | March 31, 2024 | August 15, 2024 | 990 on file |
IRS record
- EIN
- 38-3447967
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1999
- Accounting year ends
- March
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Religion-related (X120)
- Assets (IRS master file)
- $29,464,295
- Income (IRS master file)
- $14,745,939
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | March 2025 | $9,412,260 | $12,784,400 | $29,464,295 | XML |
| 990 | March 2024 | $6,803,906 | $9,366,944 | $33,398,086 | XML |
| 990 | March 2023 | $7,760,383 | $6,796,178 | $33,562,452 | IRS |
| 990 | March 2022 | – | – | – | IRS |
| 990 | March 2021 | – | – | – | IRS |
| 990 | March 2020 | – | – | – | IRS |
| 990 | March 2019 | – | – | – | IRS |
| 990 | March 2018 | – | – | – | 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 38-3447967).
Questions about OUR DAILY BREAD MINISTRIES FOUNDATION
- What is the EIN of OUR DAILY BREAD MINISTRIES FOUNDATION?
- The employer identification number (EIN) of OUR DAILY BREAD MINISTRIES FOUNDATION is 38-3447967.
- Is OUR DAILY BREAD MINISTRIES FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
- Are donations to OUR DAILY BREAD MINISTRIES FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does OUR DAILY BREAD MINISTRIES 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 OUR DAILY BREAD MINISTRIES FOUNDATION due?
- The return for tax year 2025 (the year ending March 31, 2026) is due August 17, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did OUR DAILY BREAD MINISTRIES FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended March 2025.
- Who is the principal officer of OUR DAILY BREAD MINISTRIES FOUNDATION?
- The 990 for the year ended March 31, 2025 names Nancy Schoonmaker.
- Who are the officers and directors of OUR DAILY BREAD MINISTRIES FOUNDATION?
- The 990 for the year ended March 31, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does OUR DAILY BREAD MINISTRIES FOUNDATION have?
- On its 990 for the year ended March 31, 2025 it reported revenue of $9,412,260, expenses of $12,784,400 and total assets of $29,464,295 at year end.
Other nonprofits in GRAND RAPIDS
- RBC MINISTRIES EIN 38-1613981 · last filed 990 for 2025
- SOCIETY FOR PROTESTANT REFORMED SECONDARY EDUCATION EIN 38-1858512 · last filed 990 for 2025
- THE COLOSSIAN FORUM EIN 27-4553768 · last filed 990 for 2025
- THE BIOLOGOS FOUNDATION INC EIN 26-2112272 · last filed 990 for 2024
- HERITAGE NETHERLANDS REFORMED CONGREGATION EIN 38-3191065 · last filed 990 for 2025
- KEYS FOR KIDS EIN 38-1675000 · last filed 990 for 2025
- BRIDGE STREET HOUSE OF PRAYER EIN 26-2868231 · last filed 990 for 2025
- ACCESS OF WEST MICHIGAN EIN 38-3195190 · last filed 990 for 2025
All nonprofits in GRAND RAPIDS · Michigan · Religion-related