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Believing Faith Foundation Inc. is a private corporation based in CELEBRATION, FL. The foundation received its IRS ruling in 2022. The principal officer is Randall Zimmermann. It holds total assets of $435K. Annual income is reported at $42K. The foundation is governed by 3 officers and trustees. The foundation operates in the area of religion. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2023. According to available records, Believing Faith Foundation Inc. has made 6 grants totaling $118K, with a median grant of $8K. Individual grants have ranged from $1K to $78K, with an average award of $20K. The foundation has supported 6 unique organizations. The foundation primarily supports organizations in Colorado, Wisconsin, Minnesota, which account for 83% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Believing Faith Foundation Inc. primarily funds organizations in the area of religion. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in CO, WI, MN.
Believing Faith Foundation Inc. has distributed a total of $118K across 6 grants. The median grant size is $8K, with an average of $20K. Individual grants have ranged from $1K to $78K.
Believing Faith Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Believing Faith Foundation Inc. is headquartered in CELEBRATION, FL. While based in FL, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Caleb Zimmermann | Secretary | $0 | $0 | N/A |
| Sheri Zimmermann | Vice President | $0 | $0 | N/A |
| Randall Zimmermann | President | $0 | $0 | N/A |
Total Giving
$13K
Total Assets
$410K
Fair Market Value
$374K
Net Worth
$410K
Grants Paid
$12K
Contributions
N/A
Net Investment Income
$50K
Distribution Amount
$16K
Total Grants
6
Total Giving
$118K
Average Grant
$20K
Median Grant
$8K
Unique Recipients
6
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Eden GlobalGeneral funding | Colorado Springs, CO | $78K | 2022 |
| Faith Community ChurchGeneral funding | Hudson, WI | $20K | 2022 |
| Source MnGeneral funding | Minneapolis, MN | $10K | 2022 |
| City JoyGeneral funding | Minneapolis, MN | $5K | 2022 |
| Celebration Community AthleticsGeneral funding | Celebration, FL | $5K | 2022 |
| SperoGeneral funding | Minneapolis, MN | $1K | 2022 |