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EIN 45-2899583

Word of Life Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Schroon Lake
State
New York
Year formed
2012
Most recent tax filings
2022-12-01
NTEE code, primary
X11: Religion-Related Single Organization Support
Description
The Word of Life Foundation is organized and operated to support the religious, charitable, and educational tax-exempt purposes of Word of Life Fellowship Inc. The foundation raises and distributes funds to Word of Life Fellowship Inc and other affiliated organizations. It operates as a supporting organization under the oversight of Word of Life. The foundation is located in Schroon Lake, NY.
Total revenues
$11,873,124
2022
Total expenses
$20,052,852
2022
Total assets
$19,665,070
2022
Num. employees
0
2022

Program areas at Word of Life Foundation

THE FOUNDATION IS ORGANIZED AND IS OPERATED AS A SUPPORTING ORGANIZATION FOR THE SUPPORT AND FURTHERANCE OF THE RELIGIOUS, CHARITABLE, AND EDUCATIONAL TAX-EXEMPT PURPOSES OF Word of Life Fellowship Inc . THE FOUNDATION RAISEs AND DISTRIBUTES FUNDS TO WORD OF LIFE FELLOWSHIP INC AND OTHER TAX EXEMPT ORGANIZATIONS WHO FURTHER THE PURPOSES OF WORD OF LIFE FELLOWSHIP INC.

Grants made by Word of Life Foundation

GranteeGrant descriptionAmount
Word of Life FellowshipMinistry$16,915,121
Barnabas MinistriesMinistry$400,000
Serve SyracuseMinistry$400,000
...and 56 more grants made totalling $19,489,316

Who funds Word of Life Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$13,508,550

Personnel at Word of Life Foundation

NameTitleCompensation
John NelsonDirector Officer
Brown Bob GDirector - Secretary$0
Peterson BruceDirector - President / Director - Vice President$0
Brown AndrewDirector - Vice President$0
Nightingale DebDirector Treasurer$0
...and 7 more key personnel

Financials for Word of Life Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$11,922,438
Program services$0
Investment income and dividends$387,951
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-437,265
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$11,873,124

Form 990s for Word of Life Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-06990View PDF
2021-122022-11-14990View PDF
2020-122021-08-30990View PDF
2019-122021-04-01990View PDF
2018-122020-01-13990View PDF
...and 6 more Form 990s
Data update history
January 23, 2024
Posted financials
Added Form 990 for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
November 21, 2022
Used new vendors
Identified 3 new vendors, including , , and
August 3, 2022
Posted financials
Added Form 990 for fiscal year 2020
August 23, 2021
Posted financials
Added Form 990 for fiscal year 2019
Nonprofit Types
Grantmaking organizationsCharities
Issues
Religion
Characteristics
Funds one specific organizationReligiousChristianOperates donor advised fundsProvides grantsTax deductible donationsNo full-time employees
General information
Address
PO Box 600
Schroon Lake, NY 12870
Metro area
Glens Falls, NY
County
Essex County, NY
Website URL
wol.org/ 
Phone
(518) 494-6200
IRS details
EIN
45-2899583
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2012
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
X11: Religion-Related Single Organization Support
NAICS code, primary
813110: Religious Organizations
Parent/child status
Independent
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