The Grateful Lives Foundation
98% goes to programs $0 to raise $100 Strong reserves Growing revenue
The Grateful Lives Foundation is a 501(c)(3) organization based in Wilmington, Delaware, registered in 2016, with $84,765,909 in FY2024 revenue. CharityIndex grades it A, and it directs about 98% of spending to programs.
Bessemer Tr 20 Montchanin Rd 1500, Wilmington, DE, 19807 EIN 32-6402383 Since 2016
Revenue (FY2024)
$84.8M
▲ 53.1% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$17.0M
Net assets
$1.1B
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
A+Program efficiency40% of the rating98% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For The Grateful Lives Foundation: 98% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
B+Financial health25% of the rating787 mo reserves · +80% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For The Grateful Lives Foundation: 787 mo reserves · +80% margin earns a B+ on this criterion. See the exact thresholds →
AGovernance25% of the rating5 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For The Grateful Lives Foundation: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For The Grateful Lives Foundation: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To support christian-based ministries that help people live a dedicated christian life.
Contact & location
- Address
- Bessemer Tr 20 Montchanin Rd 1500, Wilmington, DE, 19807
- City
- Wilmington
- State
- Delaware
- Subcategory
- Private Foundations
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $38.9M (FY2020) to $84.8M (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $81KNet assets $1.1B
Operating margin
80.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.1B
Total liabilities
$81K
Net assets
$1.1B
Salaries & benefits
$361K
2% of expenses
Board members
7
4 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $84,765,909▲53.1% | $16,990,353▲33.8% | $1,114,629,459▲57.1% | $1,114,710,709▲57.1% | 990 |
| 2023 | $55,348,909▲23.6% | $12,702,593▼45.1% | $709,495,186▲39.7% | $709,576,436▲39.7% | 990 |
| 2022 | $44,773,840▼7.5% | $23,141,718▲18.1% | $508,005,809▼24.4% | $508,087,059▼24.3% | 990 |
| 2021 | $48,426,740▲24.6% | $19,596,706▲19.8% | $671,543,228▲16.6% | $671,624,478▲16.6% | 990 |
| 2020 | $38,860,801 | $16,359,441 | $575,843,873 | $575,925,123 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Bessemer Trust Co of Delaware Na — $361,190 (2.13% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Bessemer Trust Co of Delaware Na | Trustee | 10 | $361,190 |
| Dana Ring | Secretary/trustee | 1 | — |
| Devon Rolf | Trustee | 1 | — |
| Jonathan C Burrell | President/trustee | 5 | — |
| Kelly Shepard | Trustee/former Secretary | 1 | — |
| Michael King | Trustee | 1 | — |
| Paul Forbes | Trustee | 1 | — |
Grants made · $16.6M in FY2024
1 grant totaling $16.6M in FY2024. All grants made by The Grateful Lives Foundation →
| Recipient | Purpose | Amount |
|---|---|---|
| National Christian Charitable Foundation | 2024 unrestricted grant for general purposes | $16,575,000 |
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Compare The Grateful Lives Foundation
Frequently asked questions
- Is The Grateful Lives Foundation a legitimate nonprofit?
- Yes. The Grateful Lives Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 32-6402383, based in Wilmington, Delaware. Donations are tax-deductible.
- What is The Grateful Lives Foundation's EIN?
- The Grateful Lives Foundation's Employer Identification Number (EIN) is 32-6402383.
- How much revenue does The Grateful Lives Foundation report?
- The Grateful Lives Foundation reported $84,765,909 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of The Grateful Lives Foundation's spending goes to programs?
- The Grateful Lives Foundation spends about 98% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does The Grateful Lives Foundation have?
- CharityIndex grades The Grateful Lives Foundation A, based on program efficiency and fundraising cost.
- How much does The Grateful Lives Foundation's highest-paid employee make?
- The highest reported compensation on The Grateful Lives Foundation's latest Form 990 is $361,190, paid to Bessemer Trust Co of Delaware Na (Trustee).
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Data for The Grateful Lives Foundation (EIN 32-6402383) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.