Public Charity

Our Daily Bread Ministries Trust

Our Daily Bread Ministries Trust is a nonprofit organization categorized as Public Charity based in GRAND RAPIDS, MI. Its most recent IRS filing (2025) reports revenue of $727K, expenses of $737K, total assets of $7.7M. Imperigo tracks 9 reported grant relationships connected to this organization totaling approximately $863K.

EIN: 386365725 GRAND RAPIDS, MI Christianity NTEE: X20 Latest filing: 2025
Total Revenue$727K
Total Expenses$737K
Total Assets$7.7M
Grant Records9
Funding Total$863K
Filing Years2020–2025

Mission

The organization assists individuals that support RBC Ministries (also a 501 c 3 entity)by providing charitable gift annuities & holding monies under trust agreements

Where $100 goes at Our Daily Bread Ministries Trust

How Our Daily Bread Ministries Trust divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$90 Programs the work itself
$10 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $90 for programs

$90
The Trust provides a means of raising funds for RBC Ministries which is a 501 (c) (3) organization to enable them to carry on their exempt purpose
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2025
To further organizations mission
$25,833
2024
To further organizations mission
$26,561
2024
GENERAL ASSISTANCE
$10,000
2020
For grant recipient's exempt purposes
$6,650
2020
IN FURTHERANCE OF FOUNDATION'S PURPOSES
$300

Showing up to 5 of 9 total records — full history available with membership.

Officers & Directors

Trustee Dan Ferwerda
Trustee Nancy Schoonmaker
Trustee William Walker

Officer compensation and complete director data available with membership.

Top Grant Purposes

Religion & Spirituality
$155,450 1 grant
General Support
$85,744 7 grants
Unspecified
$621,801 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $727K $737K $7.7M
2024 $439K $988K $7.2M
2023 $831K $305K $6.5M
2021 $852K $2.4M $7.4M
2020 $1.1M $532K $6.0M

Between 2020 and 2025, reported annual revenue declined from $1.1M to $727K (-34%), with total assets most recently reported at $7.7M.

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

See the full picture for Our Daily Bread Ministries Trust

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