Rhema Foundation Inc

Organization Overview

Rhema Foundation Inc is located in Grapevine, TX. The organization was established in 1999. 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. Rhema 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.

For the year ending 12/2021, Rhema Foundation Inc generated $3.1m in total revenue. All expenses for the organization totaled $2.5m during the year ending 12/2021. While expenses have increased by 254.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Rhema Foundation Inc has awarded 33 individual grants totaling $3,178,865. 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.

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Board, Officers & Key Employees

Name (title)Compensation
William R Kruse
President
$0
Deborah L Kruse
Secretary
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $3,100,000
Interest on Savings $2
Dividends & Interest $3,240
Net Rental Income$0
Net Gain on Sale of Assets $12,200
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $3,115,442

Grants Awarded

Over the last fiscal year, Rhema Foundation Inc has awarded $2,471,365 in support to 22 organizations.

Grant RecipientAmount

INTERNATIONAL COOPERATING MINISTRIE

PURPOSE: OUTREACH

$1,161,605

SAMARITAN'S PURSE

Org PageRecipient Profile

Boone, NC

PURPOSE: OUTREACH

$350,000

THE MEN AND LADIES OF HONOR

PURPOSE: OUTREACH

$262,000

LIFE OUTREACH INTERNATIONAL

PURPOSE: OUTREACH

$140,000

YOUTH WITH A MISSION

PURPOSE: OUTREACH

$110,660

CHRIST FOR THE NATIONS

Org PageRecipient Profile

Dallas, TX

PURPOSE: OUTREACH

$95,000
View Grant Profile

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