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Foundation For Truth is a private corporation based in SAN ANGELO, TX. The foundation received its IRS ruling in 2011. The principal officer is % Don Mckee. It holds total assets of $60.5M. Annual income is reported at $13M. THE FOUNDATION'S EVANGELISM PROGRAM INCLUDES THE PURCHASE AND BROADCAST OF EVANGELISTIC LITERATURE AND MATERIALS TO CONGREGATIONS OF THE CHURCH OF CHRIST AND VARIOUS INDIVIDUALS WITHIN THE UNITED STATES AS WELL AS ABROAD; ALL OF WHICH PROMOTE THE GOSPEL OF CHRIST. RYAN SMITHEY AND RAFAEL RAMIREZ, EMPLOYEES OF THE FOUNDATION, ALSO CONDUCT DIRECT EVANGELISTIC ACTIVITIES IN THE COMMUNITY. According to available records, Foundation For Truth has made 37 grants totaling $2.9M, with a median grant of $50K. The foundation has distributed between $1.3M and $1.5M annually from 2020 to 2022. Individual grants have ranged from $9K to $520K, with an average award of $77K. The foundation has supported 15 unique organizations. The foundation primarily supports organizations in Texas, Tennessee, Mississippi, which account for 81% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
THE FOUNDATION'S EVANGELISM PROGRAM INCLUDES THE PURCHASE AND BROADCAST OF EVANGELISTIC LITERATURE AND MATERIALS TO CONGREGATIONS OF THE CHURCH OF THE CHRIST AND VARIOUS INDIVIDUALS WITHIN THE UNITED STATES AS WELL AS ABROAD; ALL OF WHICH PROMOTE THE GOSPEL OF CHRIST. RYAN SMITHEY, AN EMPLOYEE OF THE FOUNDATION, ALSO CONDUCTS DIRECT EVANGELISTIC ACTIVITIES IN THE COMMUNITY.
Expenses: $83K
THE FOUNDATION'S EVANGELISM PROGRAM INCLUDES THE PURCHASE AND BROADCAST OF EVANGELISTIC LITERATURE AND MATERIALS TO CONGREGATIONS OF THE CHURCH OF CHRIST AND VARIOUS INDIVIDUALS WITHIN THE UNITED STATES AS WELL AS ABROAD; ALL OF WHICH PROMOTE THE GOSPEL OF CHRIST. RYAN SMITHEY AND RAFAEL RAMIREZ, EMPLOYEES OF THE FOUNDATION, ALSO CONDUCT DIRECT EVANGELISTIC ACTIVITIES IN THE COMMUNITY. Based on available records, the foundation has funded 37 grants. Its grantmaking reaches organizations primarily in TX, TN, MS.
Foundation For Truth has distributed a total of $2.9M across 37 grants. The median grant size is $50K, with an average of $77K. Individual grants have ranged from $9K to $520K.
Foundation For Truth typically selects its grantees rather than accepting unsolicited proposals.
Foundation For Truth is headquartered in SAN ANGELO, TX. While based in TX, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bryan Braswell | DIRECTOR | $42K | $0 | $42K |
| Paden Reed | DIRECTOR | $0 | $0 | $0 |
| Morey Mast | DIRECTOR | $0 | $0 | $0 |
| Michael Light | VICE PRESIDENT | $0 | $0 | $0 |
| Don Mckee | SECRETARY/TREASURER | $0 | $0 | $0 |
Total Giving
$2.3M
Total Assets
$58.7M
Fair Market Value
$47.1M
Net Worth
$58.7M
Grants Paid
$1.7M
Contributions
$115K
Net Investment Income
$7.5M
Distribution Amount
$1.9M
Total: $0
Total Grants
37
Total Giving
$2.9M
Average Grant
$77K
Median Grant
$50K
Unique Recipients
15
Most Common Grant
$50K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| San Angelo Area Foundation - Saca Endowment FundDESIGNATED PURPOSE FUND OF THE SAAF FOR SAN ANGELO CHRISTIAN ACADEMY | San Agelo, TX | $520K | 2022 |
| San Angelo Area Foundation - Flynn Endowment FundFLYNN ENDOWMENT FUND, A DAF CREATED TO FUND EVANGELISM AND BENEVOLENCE | San Angelo, TX | $200K | 2022 |
| Crossville Church Of ChristFINANCIAL ASSISTANCE WITH SATELLITE SCHOOLS AND EVANGELISTIC CAMPAIGNS TO PREACH AND TEACH THE GOSPEL IN INDIA | Crossville, TN | $108K | 2022 |
| Apologetics PressMATCHING GRANT TO HELP WITH EVANGELISM AND ITS OPERATING FUNDS | Montgomery, AL | $100K | 2022 |
| Sierra Ventana Church Of Christ |
MEDFORD, OR
LEXINGTON, KY
PONTE VEDRA, FL
AUSTIN, TX
| Dennis Reed |
| PRESIDENT |
| $0 |
| $0 |
| $0 |
| 2018 | 990PF | View |
| 2015 | 990PF | View |
| 2014 | 990PF | View |
| Monterrey |
| $86K |
| 2022 |
| World Video Bible SchoolFINANCIAL ASSISTANCE WITH ITS ONLINE BIBLE SCHOOL AND STAFF SUPPORT FOR 2022 | Maxwell, TX | $70K | 2022 |
| 9th And Main Church Of ChristFINANCIAL ASSISTANCE WITH BILLBOARD ADVERTISING | San Angelo, TX | $53K | 2022 |
| Gospel Broadcasting NetworkFINANCIAL ASSISTANCE TO PROMOTE EVANGELISM THROUGH SOCIAL MEDIA PLATFORMS | Olive Branch, MS | $50K | 2022 |
| Southwest Church Of ChristFINANCIAL ASSISTANCE WITH ITS STAFF SUPPORT AND OPERATING EXPENSES FOR 2022 | Austin, TX | $40K | 2022 |
| Southaven Church Of ChristFINANCIAL ASSISTANCE WITH PERU MISSION WORK | Southaven, MS | $30K | 2022 |
| East Ridge Church Of ChristFINANCIAL ASSISTANCE TO SUPPORT EVANGELISTIC MISSION WORK | Dalton, GA | $20K | 2022 |
| Piedmont Road Church Of ChristFINANCIAL ASSISTANCE WITH PHILIPPINES MISSION WORK | Marietta, GA | $12K | 2022 |
| San Angelo Area FoundationFLYNN ENDOWMENT FUND, A DAF CREATED TO FUND EVANGELISM AND BENEVOLENCE | San Antonio, TX | $300K | 2020 |
| Southhaven Church Of ChristFINANCIAL ASSISTANCE TO PROMOTE EVANGELISM THROUGH THE SOCIAL MEDIA PLATFORMS | Southhaven, MS | $89K | 2020 |
| Dunlap Church Of ChristFINANCIAL ASSISTANCE WITH THE "GOOD NEWS TODAY" PROGRAM AND ITS OPERATIONAL NEEDS | Dunlap, TX | $30K | 2020 |
HOUSTON, TX
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