Lifeway Foundation Inc
- Assets
- $1.6m
- Revenue
- $1.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Lott, TX
- Founding
- 07/2018
- Data as of
- 12/2021
- EIN
- 82-2415677
Organization Overview
Lifeway Foundation Inc is located in Lott, TX. The organization was established in 2018. According to its NTEE Classification (F12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Mental Health & Crisis Intervention and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lifeway 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, Lifeway Foundation Inc generated $1.3k in total revenue. All expenses for the organization totaled $148.1k during the year ending 12/2021.
Since 2017, Lifeway Foundation Inc has awarded 68 individual grants totaling $795,820. 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) | Role | Hours | Compensation |
|---|---|---|---|
Steve Griffith Director | 10 | $0 | |
Melinda Griffith Director | 10 | $0 | |
John Gary Frisby Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,338 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,338 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $33,705 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,158 |
| Total operating and administrative expenses | $38,388 |
| Contributions, gifts, grants paid | $109,750 |
| Total expenses and disbursements | $148,138 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $595,306 |
| 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 | $0 |
| Net Land, buildings, and equipment | $991,282 |
| Other assets | $0 |
| Total assets | $1,586,588 |
| 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 | $1 |
| Total liabilities | $1 |
Grants Awarded
Over the last fiscal year, Lifeway Foundation Inc has awarded $109,750 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
GLOBAL BANJARA BAPTIST MINISTRIES PURPOSE: SUPPORT THE SPREAD OF THE WORD OF JESUS IN INDIA | $30,000 |
CARENET PURPOSE: SUPPORT WOMEN IN CRISIS PREGNANCIES | $25,000 |
TEMPLE BIBLE CHURCH PURPOSE: SUPPORT THE SPREAD OF THE GOSPEL THROUGHOUT THE WORLD | $10,000 |
RESTORATION GATEWAY PURPOSE: SUPPORT THE SANCTITY OF LIFE IN THIRD WORLD COUNTRIES | $5,000 |
Boone, NC PURPOSE: SUPPORT DISASTER READINESS FOR COMMUNITIES IN NEED | $5,000 |
DISCIPLESHIP UNLIMITED PURPOSE: SUPPORT THE SUCCESFUL REENTRY OF PRISONERS INTO SOCIETY | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Physicians Foundation Inc Austin, TX | $135,038,479 | $7,625,645 |
American Valor Foundation Hamilton, TX | $207,798 | $366,423 |
Hi How Are You Foundation Inc Austin, TX | $221,165 | $249,757 |
Cemex Foundation Houston, TX | $6,333,587 | $495,874 |
Shri Sita Ram Foundation Usa Houston, TX | $683,713 | $101,113 |
Lifeway Foundation Inc Lott, TX | $1,586,588 | $1,338 |
Dorothy S Grant Tr Dallas, TX | $2,290,271 | $480,724 |
Foundation 43 Austin, TX | $83,403 | $193,030 |
All Eagles Oscar Foundation Montgomery, TX | $183,527 | $225,309 |
Hunter Williams Memorial Scholarship Fund Dallardsville, TX | $75,188 | $0 |
Communities First Dallas, TX | $0 | $0 |
Kcap Cares Southlake, TX | $26,981 | $52,076 |