Giving Ministry Foundation
- Assets
- $391.3k
- Revenue
- $868.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Graniteville, SC
- Founding
- 03/2019
- Data as of
- 12/2022
- EIN
- 83-0738448
Organization Overview
Giving Ministry Foundation is located in Graniteville, SC. The organization was established in 2019. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Giving Ministry Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Giving Ministry Foundation generated $868.3k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $487.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Giving Ministry Foundation has awarded 45 individual grants totaling $2,176,954. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas M Goforth II Director | 1 | $0 | |
William Ray Massey Director | 1 | $0 | |
Thomas W Wyatt Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $868,165 |
| Interest on Savings | $161 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $868,326 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $10 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $192 |
| Total operating and administrative expenses | $1,952 |
| Contributions, gifts, grants paid | $485,202 |
| Total expenses and disbursements | $487,154 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $391,251 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $391,251 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Giving Ministry Foundation has awarded $485,202 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
FRUITLAND BAPTIST BIBLE COLLEGE PURPOSE: STUDENT FINANCIAL ASSISTANCE | $20,000 |
GRANITEVILLE COMMUNITY CHURCH OF GOD PURPOSE: SUPPORT OF MINISTRY SERVICES | $50,000 |
HILLVIEW BAPTIST CHURCH PURPOSE: SUPPORT OF MINISTRY SERVICES | $25,000 |
IN TOUCH MINISTRIES PURPOSE: SUPPORT OF MINISTRY SERVICES | $11,000 |
ST JOHN'S UNITED METHODIST CHURCH PURPOSE: SUPPORT OF MINISTRY SERVICES | $12,500 |
ASSEMBLIES OF GOD WORLD MISSIONS PURPOSE: GENERAL SUPPORT | $5,000 |