International Generosity Foundation Trust
- Assets
- $130.9m
- Revenue
- $160.3m
- Investments
- $72.0m
- Employees
- 0
- Location
- Clearwater, FL
- Founding
- Data as of
- 12/2023
- EIN
- 84-3754469
Organization Overview
International Generosity Foundation Trust is located in Clearwater, FL. According to its NTEE Classification (X12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Generosity Foundation Trust 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 12/2023, International Generosity Foundation Trust generated $160.3m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 25.5% each year .
Since 2021, International Generosity Foundation Trust has awarded 225 individual grants totaling $127,569,003. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
INTERNATIONAL GENEROSITY FOUNDATION TRUST IS A GRANTMAKING ORGANIZATION THAT SUPPORTS AND MAKES DISTRIBUTIONS TO CHARITABLE, RELIGIOUS, SCIENTIFIC, AND EDUCATIONAL CAUSES, WITH A FOCUS ON MAKING GLOBAL GIVING EASY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INTERNATIONAL GENEROSITY FOUNDATION TRUST ENGAGED IN ACTIVITIES DESIGNED TO ENCOURAGE GRANTMAKING THAT SUPPORTS AND MAKES DISTRIBUTIONS TO CHARITABLE, RELIGIOUS, SCIENTIFIC, AND EDUCATIONAL CAUSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Institutional Trustee | 0 | $0 | |
Name Not Listed President, Igft Corp Ttee | Officer | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Global Charity Services Inc Management Services | 12/30/23 | $276,000 |
Benevatech Inc It Services And Support | 12/30/23 | $200,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $120,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $118,476,545 |
| Noncash contributions included in lines 1a–1f | $515,634 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $118,596,545 |
| Total Program Service Revenue | $0 |
| Investment income | $1,660,994 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $11,001,280 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $560,496 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $160,302,767 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $34,528,285 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $68,708,480 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $276,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $18,565 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $214,732 |
| Advertising and promotion | $0 |
| Office expenses | $44,113 |
| Information technology | $66,537 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $56 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $26,198 |
| All other expenses | $624 |
| Total functional expenses | $107,815,829 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $766,739 |
| Savings and temporary cash investments | $25,424,866 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,464,208 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $28,504,441 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $276,845 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $2,509,549 |
| Investments—other securities | $72,002,055 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $130,948,703 |
| Accounts payable and accrued expenses | $252,065 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $252,065 |
| Net assets without donor restrictions | $130,696,638 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $130,948,703 |
Grants Awarded
Over the last fiscal year, International Generosity Foundation Trust has awarded $34,514,714 in support to 66 organizations.
| Grant Recipient | Amount |
|---|---|
4220 FOUNDATION INC (DBA WHOLE WORD INSTITUTE) (GLOBAL) PURPOSE: Education | $100,000 |
ALLIANCE DEFENDING FREEDOM (US) (GLOBAL) PURPOSE: Legal and Advocacy Services | $150,000 |
BETHEL CHURCH OF REDDING (GLOBAL) PURPOSE: Promotion of Christian Faith | $87,582 |
CALLED TO SERVE (GLOBAL) PURPOSE: Promotion of Christian Faith | $20,361 |
BIBLE MISSION GLOBAL (US) (GLOBAL) PURPOSE: Promotion of Christian Faith | $19,825 |
CONSERVATIVE BAPTIST FOREIGN MISSION SOCIETY DBA WORLDVENTURE (GLOBAL) PURPOSE: Promotion of Christian Faith | $12,530 |