Gloria Dei Foundation Inc

Overview

The Gloria Dei Foundation Inc is a private foundation headquartered in Tyler, Texas, United States. It operates as a 501(c)3 organization, which means it is exempt from federal income tax under Section 501(c) of the U.S. Internal Revenue Code. The foundation was established in 2005, initially in Florida.

Objectives and Activities

Gloria Dei is a family-operated charity focused on supporting individuals in need by providing grants to successful and innovative non-profit organizations. The foundation aligns its mission with Christian principles, aiming to serve "the least of these" as guided by biblical teachings. Its grant-making activities primarily target Christian organizations and other entities that promote the common good in accordance with Christian values.

Financial Overview

In recent years, Gloria Dei Foundation has made significant charitable disbursements. For instance, it contributed $865,000 in grants during 2023. The foundation's primary sources of revenue are categorized as "other income," with minimal contributions from interest or dividends. It maintains substantial total assets, ensuring the continuity of its charitable activities.

Grant History

Gloria Dei Foundation has a consistent record of awarding grants to various organizations. The number of awards varies annually, with 25 grants in 2020, 17 in 2021, and 22 in 2022. These grants are focused on supporting organizations that align with its mission.

Governance and Leadership

The foundation is managed by a board of directors, though specific details on current leadership beyond historical records are not readily available in public documents. Historically, there were no reported compensations for officers, suggesting that resources were primarily dedicated to grant-making activities.

Tax Status

As a 501(c)3 organization, donations to the Gloria Dei Foundation are tax-deductible, encouraging philanthropic contributions to support its mission.