Barnabas Foundation
Barnabas Foundation
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About this organization
Mission
Encourage God-glorifying stewardship, based on Biblical principles, of material resources among Christians who actively support Barnabas Foundation member church and ministry organizations.
About
Barnabas Foundation serves as a Community Foundation for its 200 Christian church and ministry member organizations and provides financial support to Christian Reformed churches, their agencies and many other ministries that further the Kingdom of Jesus Christ. Grants of over 60 million dollars were either distributed or accrued for future distribution to the following types of charitable organizations: 45% supported Christian or secular Educational institutions, 32% supported Christian Missions, Evangelism and Churches, 7% supported Human Service and Relief organizations, 3% supported organizations providing Housing or Shelter, 3% supported Healthcare organizations, 2% supported Environmental organizations and 8% supported other religious or secular charities. Of the 60 million dollars distributed or designated for distribution, 45 million came from donor-advised fund accounts or donor restricted fund accounts, 14 million from donor bequests at death and one-half million from matured life income agreements. Funds received by the Foundation are administered and invested until grants are approved to member church and ministry organizations, as well as to non-member churches and other 501(c)(3) public charities after careful review of their tax exempt status, mission, purpose and practices.
Interesting data from their 2019 990 filing
The filing reveals the mission of the non-profit as “Barnabas foundation provides education and guidance to christians of all ages and generations to help them grow in their understanding of biblical stewardship and experience the joy of living a generous life by supporting charitable organizations and activities.”.
When detailing its functions, they were listed as: “Encourage god-glorifying stewardship, based on biblical principles, of material resources among christians who actively support barnabas foundation member church and ministry organizations.”.
- According to the law, the state where the non-profit operates has been reported as IL.
- The filing specifies that the non-profit's address in 2019 was 3801 Eagle Nest Drive Ste B, Crete, IL, 604171993.
- As of 2019, the non-profit's form shows they have a total of 32 employees.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $15,827,736.
- The organization has 10 independent voting members.
- The organization was formed in 1976.
- The organization pays $2,172,502 in salary, compensation, and benefits to its employees.
- The organization pays $1,390,766 in fundraising expenses.
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