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Better Life Foundation is a private corporation based in JACKSON, MS. The foundation received its IRS ruling in 1993. The principal officer is % Vaughan W Mcrae. It holds total assets of $740K. Annual income is reported at $916K. According to available records, Better Life Foundation has made 11 grants totaling $96K, with a median grant of $10K. Annual giving has grown from $20K in 2021 to $51K in 2023. Individual grants have ranged from $500 to $25K, with an average award of $9K. The foundation has supported 7 unique organizations. Grants have been distributed to organizations in Mississippi and Kentucky and Tennessee. Contributions to this foundation are tax-deductible.
Better Life Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 11 grants. Its grantmaking reaches organizations primarily in MS, KY, TN.
Better Life Foundation has distributed a total of $96K across 11 grants. The median grant size is $10K, with an average of $9K. Individual grants have ranged from $500 to $25K.
Better Life Foundation is a private foundation. To inquire about grants, you can look up the foundation using their EIN (640811138) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Better Life Foundation is headquartered in JACKSON, MS. While based in MS, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Douglas Vaughan Mcrae | DIRECTOR | $0 | $0 | $0 |
| Vaughan W Mcrae | PRESIDENT | $0 | $0 | $0 |
| Nora Frances Mcrae | DIRECTOR | $0 | $0 | $0 |
Total Giving
$3K
Total Assets
$486K
Fair Market Value
$671K
Net Worth
$484K
Grants Paid
$0
Contributions
$205K
Net Investment Income
$100K
Distribution Amount
$20K
Total: $0
Total Grants
11
Total Giving
$96K
Average Grant
$9K
Median Grant
$10K
Unique Recipients
7
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The University Of The SouthTo support the programs of the organization | Sewanee, TN | $10K | 2023 |
| St Andrews Episcopal SchoolTo support the programs of the organization | Ridgeland, MS | $10K | 2023 |
| Millsaps CollegeTo support the programs of the organization | Jackson, MS | $5K | 2023 |
| Galloway United Methodist ChurchTo support the programs of the organization | Jackson, MS | $500 | 2023 |
| 671 FoundationTo support the programs of the organization | Louisville, KY | $25K |
Other foundations that have funded Better Life Foundation.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Setzer Foundation | $8K | 2022 | B - Health |
| Setzer Foundation | $8K | 2022 | B - Health |
| Bbrbjb Charitable Trust | $5K | 2022 | UNRESTRICTED |
| Bbrbjb Charitable Trust | $5K | 2022 | UNRESTRICTED |
| Cole Family Foundation |
| 2019 | 990PF | View |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2022 |
| St Andrew'S Episcopal SchoolTO SUPPORT THE PROGRAMS OF THE FOUNDATION | Ridgeland, MS | $10K | 2021 |
| Mississippi Symphony OrchestraTO SUPPORT THE PROGRAMS OF THE FOUNDATION | Jackson, MS | $10K | 2021 |
| $4K |
| 2022 |
| GENERAL SUPPORT |
| Cole Family Foundation | $4K | 2022 | GENERAL SUPPORT |
| Carlsen Muir Family Foundation | $3K | 2022 | Mission of the organization: The mission of the Better LifeFoundation is to imwove the lives of those affected with blood cancers by funding research and educational programs. The f oundation is based in Carmichael, California |
| Wend Ii Inc. | $75K | 2021 | Special Projects Covid-19 Relief Efforts |
| Bbrbjb Charitable Trust | $8K | 2021 | UNRESTRICTED |
| Bbrbjb Charitable Trust | $8K | 2020 | UNRESTRICTED |
| Carlsen Muir Family Foundation | $3K | 2020 | Mission of the organization: The mission of the Better LifeFoundation is to imwove the lives of those affected with blood cancers by funding research and educational programs. The f oundation is based in Carmichael, California |
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