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Also known as: FOUNDATION
Spreading The Good News Salvation Foundation is a private trust based in LAKEWOOD, CO. The foundation received its IRS ruling in 2002. The principal officer is % Kenneth P Neumann. It holds total assets of $918K. Annual income is reported at $1.3M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Spreading The Good News Salvation Foundation has made 6 grants totaling $440K, with a median grant of $50K. Annual giving has decreased from $270K in 2021 to $120K in 2023. Individual grants have ranged from $20K to $200K, with an average award of $73K. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in Illinois and Wisconsin and Colorado. Contributions to this foundation are tax-deductible.
Spreading The Good News Salvation Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in IL, WI, CO.
Spreading The Good News Salvation Foundation has distributed a total of $440K across 6 grants. The median grant size is $50K, with an average of $73K. Individual grants have ranged from $20K to $200K.
Spreading The Good News Salvation Foundation typically selects its grantees rather than accepting unsolicited proposals.
Spreading The Good News Salvation Foundation is headquartered in LAKEWOOD, CO. While based in CO, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Kenneth P Neumann | DIRECTOR | $0 | $0 | $0 |
| Jean L Neumann | DIRECTOR | $0 | $0 | $0 |
Total Giving
$135K
Total Assets
$2M
Fair Market Value
$2M
Net Worth
$2M
Grants Paid
$120K
Contributions
$0
Net Investment Income
$82K
Distribution Amount
$98K
Total Grants
6
Total Giving
$440K
Average Grant
$73K
Median Grant
$50K
Unique Recipients
3
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Love First FoundationGENERAL SUPPORT | Lakewood, CO | $20K | 2021 |
| MultipliGENERAL SUPPORT | Wheaton, IL | $70K | 2023 |
| Wisconsin Lutheran CollegeSCHOLARSHIP FUND | Milwaukee, WI | $50K | 2023 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
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