Grace Brethren Investment Foundation Inc

Organization Overview

Grace Brethren Investment Foundation Inc is located in Winona Lake, IN. The organization was established in 1975. According to its NTEE Classification (X11) the organization is classified as: Single Organization Support, under the broad grouping of Religion-Related and related organizations. As of 12/2015, Grace Brethren Investment Foundation Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grace Brethren Investment Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2015

Describe the Organization's Mission:

Part 3 - Line 1

FURTHER THE FELLOWSHIP OF GRACE BRETHREN CHURCHES' WORK AND LOAN FUNDS TO THE FGBC & AFFILIATES

Describe the Organization's Program Activity:

Part 3 - Line 4a

GRACE BRETHREN INVESTMENT FOUNDATION ASSISTS IN THE EXTENSION OF CHRISTIAN WORK BY CONTRIBUTING AND LOANING FUNDS TO GRACE BRETHREN CHURCHES, CONVENTIONS, OR ASSOCIATIONS OF CHURCHES, GRACE BRETHREN SCHOOLS, AND AFFILIATED ORGANIZATIONS. THE ORGANIZATION ACCOMPLISHES THIS PURPOSE BY ENABLING INDIVIDUALS WHO SUPPORT THE OBJECTIVES OF THE FELLOWSHIP TO INVEST IN FUNDS WHICH EARN INTEREST COMPOUNDED DAILY AND THEREBY TO PROVIDE A SOURCE OF FUNDING, IN THE FORM OF CAPITAL LOANS, FOR ACQUIRING, DEVELOPING, AND REMODELING LAND AND BUILDINGS FOR CHURCHES, SCHOOLS, AND OTHER ASSOCIATED ORGANIZATIONS.


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Board, Officers & Key Employees

Name (title)Compensation
Ken Seyfert
Ceo/president
$117,210
Brenda Byers
Secretary/treasurer
$81,967
Ryan Bowell
Vice President
$74,510
Ted Adomanis
Director
$1,943
George Merchant
Director
$1,074
Jerry Michael
Director
$739

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$54,651
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$54,651
Total Program Service Revenue$3,548,267
Investment income $694,385
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $11,051
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,308,354

Grants Awarded

Over the last fiscal year, Grace Brethren Investment Foundation Inc has awarded $706,461 in support to 17 organizations.

Grant RecipientAmount

Akron, OH

PURPOSE: ORGANIZATIONAL SUPPORT

$110,000

Doraville, GA

PURPOSE: ORGANIZATIONAL SUPPORT

$80,000

FELLOWSHIP OF GRACE BRETHREN CHURCHES

Org PageRecipient Profile

Winona Lake, IN

PURPOSE: ORGANIZATIONAL SUPPORT

$75,461

GO2 CHURCH PLANTING MINISTRIES INC

Org PageRecipient Profile

Pahrump, NV

PURPOSE: CHURCH PLANTING

$70,000

Pahrump, NV

PURPOSE: CHURCH PLANTING

$70,000

Dublin, OH

PURPOSE: CHURCH PLANTING

$60,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Grace Brethren Investment Foundation Inc has recieved totaling $87,660.

Awarding OrganizationAmount
Gbcanada Usa

Pahrump, NV

PURPOSE: SUPPORT

$87,660
View Grant Recipient Profile

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