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Praise The Lord Foundation is a private corporation based in LOS ANGELES, CA. The foundation received its IRS ruling in 2015. The principal officer is Deborah Ai-Fang Wang. It holds total assets of $770K. Annual income is reported at $136K. Total assets have decreased from $1.7M in 2014 to $634K in 2022. The foundation is governed by 2 officers and trustees. 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 2015 to 2023. The foundation primarily funds organizations in California, Texas and Louisiana. According to available records, Praise The Lord Foundation has made 35 grants totaling $1.2M, with a median grant of $2K. Annual giving has decreased from $97K in 2020 to $13K in 2023. Grantmaking activity was highest in 2022 with $1.1M distributed across 16 grants. Individual grants have ranged from $100 to $450K, with an average award of $34K. The foundation has supported 18 unique organizations. The foundation primarily supports organizations in California, Colorado, Texas, which account for 77% of all grants. Grantmaking reaches organizations across 8 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$1K
Average Grant
$68K
Largest Grant
$450K
Based on 8 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.
Praise The Lord Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 35 grants. Its grantmaking reaches organizations primarily in CA, CO, TX.
Praise The Lord Foundation has distributed a total of $1.2M across 35 grants. The median grant size is $2K, with an average of $34K. Individual grants have ranged from $100 to $450K.
Praise The Lord Foundation typically selects its grantees rather than accepting unsolicited proposals.
Praise The Lord Foundation is headquartered in LOS ANGELES, CA. While based in CA, the foundation distributes grants to organizations across 8 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Deborah Wang | President & CEO | $0 | $0 | N/A |
| Pao-Feng Wang Chen | SECRETARY/CFO | $0 | $0 | N/A |
Total Giving
$24K
Total Assets
$634K
Fair Market Value
$634K
Net Worth
$634K
Grants Paid
$13K
Contributions
N/A
Net Investment Income
$41K
Distribution Amount
$32K
Total: $13K
Total Grants
35
Total Giving
$1.2M
Average Grant
$34K
Median Grant
$2K
Unique Recipients
18
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Love Your NeighborGENERAL BUDGET | Brice, OH | $5K | 2020 |
| David Hernandez MinistriesCHARITY PURPOSE | Downey, CA | $6K | 2023 |
| Kingdom Of God Global ChurchCHARITY PURPOSE | Taylor, MI | $4K | 2023 |
| Kenneth Copeland MinistriesCHARITY PURPOSE | Fort Worth, TX | $1K | 2023 |
| Warrior NotesCHARITY PURPOSE | Destrehan, LA | $1K | 2023 |
| Livg MinistryDONATION | Merced, CA | $80K | 2022 |
| Prophet Rob Sanchez MinistriesDONATION | Merced, CA | $12K | 2022 |
| Acts Revival CenterDONATION | San Jose, CA | $2K | 2022 |
| Lakewood ChurchDONATION | Houston, TX | $800 | 2022 |
| Td Jakes FoundationDONATION | Dallas, TX | $500 | 2022 |
| Gabby Heusser Ministries IncorporatedGENERAL BUDGET | Redding, CA | $20K | 2020 |
| Andrew Wommack Ministries IncGENERAL BUDGET | Woodland Park, CO | $17K | 2020 |
| Shekinah World Mission Center (Swmc)GENERAL BUDGET | Cupertino, CA | $9K | 2020 |
| Glory And Justice MinistriesGENERAL BUDGET | Palo Alto, CA | $3K | 2020 |
| Meals On WheelsGENERAL BUDGET | Arlington, VA | $2K | 2020 |
| Rhema Bible ChurchGENERAL BUDGET | Tulsa, OK | $1K | 2020 |
| Benny Hinn MinistriesGENERAL BUDGET | Grapevine, TX | $800 | 2020 |
| Mt Calvary Lutheran ChurchGENERAL BUDGET | Redding, CA | $100 | 2020 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA