The Grateful Lives Foundation

Organization Overview

The Grateful Lives Foundation is located in Wilmington, DE. The organization was established in 2016. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grateful Lives Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Grateful Lives Foundation generated $48.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.1% each year .

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO SUPPORT CHRISTIAN-BASED MINISTRIES THAT HELP PEOPLE LIVE A DEDICATED CHRISTIAN LIFE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION MADE GRANTS TO THEIR SUPPORTED ORGANIZATION, THE NATIONAL CHRISTIAN CHARITABLE FOUNDATION (NCF). THE GRANTS WERE AS FOLLOWS: $ 325,000 FOR 2021 NCF GRANT $19,045,018 GRANT TO A DONOR ADVISED FUND KNOWN AS THE GRATEFUL LIVES GIVING FUND


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Trustee
$217,695
Jonathan C Burrell
President/trustee
$0
Dana Ring
Secretary/trustee
$0
Michael King
Trustee
$0
Paul Forbes
Trustee
$0
Devon Rolf
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$33,161,966
Noncash contributions included in lines 1a–1f $10,302,477
Total Revenue from Contributions, Gifts, Grants & Similar$33,161,966
Total Program Service Revenue$0
Investment income $11,515,112
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $3,749,662
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $48,426,740

Grants Awarded

Over the last fiscal year, The Grateful Lives Foundation has awarded $19,370,018 in support to 2 organizations.

Grant RecipientAmount

NATIONAL CHRISTIAN CHARITABLE FOUNDATION INC (NCF)

Org PageRecipient Profile

Alpharetta, GA

PURPOSE: Grant to Donor Advised Fund known as The Grateful Lives Giving Fund

$19,045,018

NATIONAL CHRISTIAN CHARITABLE FOUNDATION INC (NCF)

Org PageRecipient Profile

Alpharetta, GA

PURPOSE: 2021 Grant

$325,000
View Grant Profile

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