Private Foundation

I Believe Foundation Inc

I Believe Foundation Inc is a Private Foundation headquartered in Houston, TX. Financial data from the 2021 filing: $2.9M revenue, $1.4M expenses, $4.6M total assets. IRS filings disclose 23 grants awarded by this foundation, totaling roughly $1.7M.

EIN: 462232715 Houston, TX Education N.E.C. NTEE: B99 Latest filing: 2021
Total Revenue$2.9M
Total Expenses$1.4M
Total Assets$4.6M
Grants Given23
Grant Total$1.7M
Filing Years2017–2021

Sample Grants Given

NEW LIGHT MINISTRIES
MISSOURI CITY, TX · 2021
ADVANCE MINISTRY
$300,000
LIGHT WATER LIFE
WACO, TX · 2021
LIFE ENHANCEMENTFOR UNDERDEVELOPEDREGIONS
$132,000
I BELIEVE BIBLE CHURCH
HOUSTON, TX · 2021
ADVANCE MINISTRU
$64,500
FAITH INTERNATIONAL CHURCH
HOUSTON, TX · 2021
ADVANCE MINISTRY
$50,000
THE ARK CHURCH
CONROE, TX · 2021
ADVANCE MINISTRY
$40,000

Showing up to 5 of 23 total records — full history available with membership.

Officers & Directors

President David Imonitie Jr
V President Kunbi Imonitie

Officer compensation and complete director data available with membership.

Top Grant Purposes

ADVANCE MINISTRY
$729,200 11 grants
SCHOLARSHIPSOPERATIONS
$523,154 1 grant
SOCIAL JUSTICE
$156,012 2 grants
LIFE ENHANCEMENTFOR UNDERDEVELOPEDREGIONS
$132,000 1 grant
ADVANCE MINISTRU
$64,500 1 grant

Financial Trends

Year Revenue Expenses Assets
2021 $2.9M $1.4M $4.6M
2020 $3.2M $787K $3.1M
2019 $1.3M $929K $651K
2017 $300K $25K $275K

Between 2017 and 2021, reported annual revenue grew from $300K to $2.9M (+868%), with total assets most recently reported at $4.6M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in CA, MD, NC, NJ, SC, TN, and 2 other states.

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Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for I Believe Foundation Inc

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