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Initiative For A Better Society is a private corporation based in MT JULIET, TN. The foundation received its IRS ruling in 2022. The principal officer is Dmitri Model. It holds total assets of $202K. Annual income is reported at $1.6M. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2023. Grantmaking is concentrated in California. According to available records, Initiative For A Better Society has made 9 grants totaling $21K, with a median grant of $1K. Annual giving has grown from $8K in 2022 to $13K in 2023. Individual grants have ranged from $105 to $9K, with an average award of $2K. The foundation has supported 6 unique organizations. Grants have been distributed to organizations in California and Tennessee and Kentucky. Contributions to this foundation are tax-deductible.
Smallest Grant
$105
Median Grant
$1K
Average Grant
$1K
Largest Grant
$3K
Based on 3 grants from the most recent 990-PF filing.
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.
Initiative For A Better Society primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 9 grants. Its grantmaking reaches organizations primarily in CA, TN, KY.
Initiative For A Better Society has distributed a total of $21K across 9 grants. The median grant size is $1K, with an average of $2K. Individual grants have ranged from $105 to $9K.
Initiative For A Better Society typically selects its grantees rather than accepting unsolicited proposals.
Initiative For A Better Society is headquartered in MT JULIET, TN. While based in TN, the foundation distributes grants to organizations across 3 states.
Officer and trustee information is not yet available for this foundation. This data is typically reported in Part VIII of the 990-PF filing.
Total Giving
$22K
Total Assets
$186K
Fair Market Value
$186K
Net Worth
$186K
Grants Paid
$13K
Contributions
N/A
Net Investment Income
$12K
Distribution Amount
N/A
Total: $180K
Total Grants
9
Total Giving
$21K
Average Grant
$2K
Median Grant
$1K
Unique Recipients
6
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Discovery Place IncGeneral Purpose | Burns, TN | $9K | 2023 |
| Chabad Of FremontGeneral Purpose | Fremont, CA | $4K | 2023 |
| Friends Of The Lost River IncGeneral Purpose | Bowling Green, KY | $500 | 2023 |
| Chabad Of Fremont Jewish Communitygeneral purpose | Fremont, CA | $3K | 2022 |
| Shalom Preschoolgeneral purpose | Fremont, CA | $1K | 2022 |
| Hiller Aviation Institutegeneral purpose | San Carlos, CA | $105 | 2022 |
UNION CITY, TN
CHATTANOOGA, TN
NASHVILLE, TN