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EIN 46-2232715

I Believe Foundation

IRS 501(c) type
501(c)(3)
Num. employees
Unknown
City
Houston
State
Texas
Year formed
2014
Most recent tax filings
2021-12-01
NTEE code, primary
T20: Private Foundations
Description
The I Believe Foundation is a private foundation located in Houston, TX. Its purpose is to primarily fund advance ministry, scholarships, life enhancement for underdeveloped regions, Covid relief, and academicscholarships. The foundation donates to ministries, non-profits and small businesses in order to increase its income. Grantees such as New Light Ministries and others have received 13 grants from the foundation over the last year.
Total revenues
$2,905,191
2021
Total expenses
$1,363,577
2021
Total assets
$4,606,936
2021
Num. employees
n/a

Program areas at I Believe Foundation

Donations to ministries
Donations to non-profits
Grants/donations to small businesses
This income allowed the entity to increase its charitable donation base
This income allowed the entity to increase its charitable donation base
This income allowed the entity to provide much needed covid-19 assistance

Grants made by I Believe Foundation

GranteeGrant descriptionAmount
Echo ChurchAdvance Ministry$15,000
More Than Enough MinistriesAdvance Ministry$10,000
Lakewood ChurchAdvance Ministry$6,200

Personnel at I Believe Foundation

NameTitleCompensation
David ImonitiePresident$0

Financials for I Believe Foundation

RevenuesFYE 12/2021
Total grants, contributions, etc.$3,193,309
Program services
Investment income and dividends$56,657
Tax-exempt bond proceeds
Royalty revenue
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events
Net income from gaming activities
Net income from sales of inventory
Miscellaneous revenues$-344,775
Total revenues$2,905,191

Form 990s for I Believe Foundation

Fiscal year endingDate received by IRSFormPDF link
2019-122020-09-22990PRView PDF
2017-122018-09-12990PFView PDF
2016-122017-08-16990PFView PDF
2015-122016-09-01990PFView PDF
2014-122015-08-17990PFView PDF
Data update history
May 14, 2023
Used new vendors
Identified 1 new vendor, including
August 19, 2021
Posted financials
Added Form 990R for fiscal year 2019
November 26, 2019
Updated personnel
Identified 1 new personnel
September 15, 2018
Used new vendors
Identified 1 new vendor, including
September 8, 2018
Posted financials
Added Form 990PF for fiscal year 2017
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate operating foundationsCharities
Issues
Education
Characteristics
Provides grantsPartially liquidatedTax deductible donations
General information
Address
11726 Montmarte Blvd
Houston, TX 77082
Metro area
Houston-The Woodlands-Sugar Land, TX
County
Harris County, TX
Website URL
ibelievefoundation.net/ 
Phone
(832) 771-4491
IRS details
EIN
46-2232715
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2014
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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