Praise Him Foundation is located in La Vista, NE. The organization was established in 2016. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Praise Him 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 12/2022, Praise Him Foundation generated $44.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (24.4%) each year. All expenses for the organization totaled $91.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Praise Him Foundation has awarded 22 individual grants totaling $883,160. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gail Grill Director, President | 0.1 | $0 | |
Jeffrey Grill Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $14,417 |
| Dividends & Interest | $18,463 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $11,149 |
| Capital Gain Net Income | $11,149 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $44,029 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,405 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $9,068 |
| Contributions, gifts, grants paid | $82,159 |
| Total expenses and disbursements | $91,227 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $151,178 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,132,281 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,283,459 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Over the last fiscal year, Praise Him Foundation has awarded $82,159 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
ASSURE WOMEN'S CENTER PURPOSE: GENERAL FUND | $2,700 |
HOSPICE HOUSE PURPOSE: GENERAL FUND | $9,000 |
THE RANCH MINISTRIES PURPOSE: GENERAL FUND | $32,000 |
GRACE BAPTIST CHURCH OF PAPILLION PURPOSE: GENERAL FUND | $38,459 |