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Global Gospel Initiative Inc. is a private corporation based in SMITHS STA, AL. The foundation received its IRS ruling in 2023. The principal officer is Billy Duncan. It holds total assets of $56K. Annual income is reported at $74K. Total assets have grown from $19K in 2022 to $25K in 2023. The foundation is governed by 7 officers and trustees. Individual grants, scholarships, and training to develop men and women to disciple and teach others for Christ. Monies were paid on behalf of Southwestern Baptist Seminary and Oaxaca Lacy Seminary. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2022 to 2023. According to available records, Global Gospel Initiative Inc. has made 6 grants totaling $18K, with a median grant of $2K. Individual grants have ranged from $1K to $6K, with an average award of $3K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in Texas. Contributions to this foundation are tax-deductible.
Individual grants, scholarships, and training to develop men and women to disciple and teach others for Christ. Monies were paid on behalf of Southwestern Baptist Seminary and Oaxaca Lacy Seminary
Expenses: $9K
Individual grants, scholarships, and training to develop men and women to disciple and teach others for Christ. Monies were paid on behalf of Southwestern Baptist Seminary and Oaxaca Lacy Seminary. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in TX.
Global Gospel Initiative Inc. has distributed a total of $18K across 6 grants. The median grant size is $2K, with an average of $3K. Individual grants have ranged from $1K to $6K.
Global Gospel Initiative Inc. typically selects its grantees rather than accepting unsolicited proposals.
Global Gospel Initiative Inc. is headquartered in SMITHS STA, AL.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Larry Duncan | Trustee | $0 | $0 | N/A |
| Billy Duncan | President | $0 | $0 | N/A |
| Jimbo Williams | Trustee | $0 | $0 | N/A |
| Tommy Miles | Trustee | $0 | $0 | N/A |
| Melody Poole | Trustee | $0 | $0 | N/A |
| Neil Koon | Trustee | $0 | $0 | N/A |
| Jimmy Blanton | Trustee | $0 | $0 | N/A |
Total Giving
$44K
Total Assets
$25K
Fair Market Value
$25K
Net Worth
$25K
Grants Paid
$6K
Contributions
$50K
Net Investment Income
N/A
Distribution Amount
$820
Total Grants
6
Total Giving
$18K
Average Grant
$3K
Median Grant
$2K
Unique Recipients
3
Most Common Grant
$2K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Southwestern Baptist SeminaryScholarships, grants, etc. | Fort Worth, TX | $6K | 2022 |
| Curriculum And Training SupportScholarships, grants, etc. | Fort Worth, TX | $2K | 2022 |
| Oaxaca Lacy SeminaryScholarships, grants, etc. | Oaxaca Mexico | $1K | 2022 |