Abit Inc (A Blessing in Time Ministry)
Abit Inc (A Blessing in Time Ministry) is a private foundation focused on religion, based in Coldspring, TX. IRS filing data is available from 2020 through 2022. In 2022, it made $2K in qualifying distributions.
Abit Inc (A Blessing in Time Ministry) at a glance
- Revenue (2022)
- $2,000
- -33.3% vs 2021
- Qualifying distributions (2022)
- $2,471
- +80.2% vs 2021
- Expenses (2022)
- $3,550
- +12.4% vs 2021
- Latest 990 filing
- Form 990-PF, 2022 View filing
Data from IRS Form 990-PF, 2022; updated September 2026.
Who Abit Inc (A Blessing in Time Ministry) funds
How this funder distributes its grants
Grant Size Distribution
3 grants across all recorded years
The most common grant size was under $50K: 3 grants of 3 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
How Abit Inc (A Blessing in Time Ministry) gives
- In 2022 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2020 it made 3 grants totaling $3K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Various Individual Recipients Coldspring, TX | Purchase and Distribution of Bibles | $1,373 |
| Various Individual Recipients Coldspring, TX | Purchase and Distribution of Religious Educational Materials | $1,103 |
| Various Individual Recipients Coldspring, TX | Food Donation for Religious Ministry Events | $330 |
Ready to take the next step with Abit Inc (A Blessing in Time Ministry)?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2022 | — | $2,000 | $3,550 | — | — | $2,471 | $76 |
| 2021 | $1,550 | $3,000 | $3,158 | — | — | $1,371 | $112 |
| 2020 | $1,708 | $4,699 | $2,991 | $2,806 | 3 | — | $59 |
Under IRS private-foundation payout rules, Abit Inc (A Blessing in Time Ministry) reported a distributable amount of $76 for 2022 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Abit Inc (A Blessing in Time Ministry) is led by Scott Carter, President on every filing since 2020; none of the 3 officers listed in 2022 report compensation.
Officers on the 2022 filing
Scott Carter
President
On filings since 2020
8 hrs/week
No compensation reported
Gretchen Carter
Secretary
On filings since 2020
0.5 hrs/week
No compensation reported
Jim Corley
Vice President
On filings since 2020
0.5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2022. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Abit Inc (A Blessing in Time Ministry)
What is Abit Inc (A Blessing in Time Ministry)?
Abit Inc (A Blessing in Time Ministry) is a private foundation focused on religion, based in Coldspring, TX.
Where does Abit Inc (A Blessing in Time Ministry) operate?
Abit Inc (A Blessing in Time Ministry) has awarded grants in Texas.
How much is Abit Inc (A Blessing in Time Ministry) required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2022, Abit Inc (A Blessing in Time Ministry) reported a distributable amount of $76 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Abit Inc (A Blessing in Time Ministry)'s EIN?
Abit Inc (A Blessing in Time Ministry)'s EIN (Employer Identification Number) is 83-4201856. IRS Form 990 filing data is available on this page for 2020–2022.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2022
Explore Open Grants
Browse active grant opportunities in Abit Inc (A Blessing in Time Ministry)'s focus areas in our free grants database
Similar Funders
Similar funders in Texas
Communities Foundation of Texas Inc
Dallas, TX
Communities Foundation of Texas funds a broad range of community needs, including health, education, housing, and community development, primarily in North Texas and across Texas. Its 2025 grants had a median of about $18,800, though amounts varied widely; nearly all opportunities are by invitation, with some specific programs open for applications.
Assets
$1.2B
Grants
2,209
Total Given
$209.2M
Greater Houston Community Foundation
Houston, TX
The Foundation makes grants through donor-advised and other donor-established funds for public benefit, human services, education, and health, including initiatives addressing economic mobility and poverty in Harris County. In 2024, its median grant was $25,000; it serves Greater Houston, while grants also go to recipients elsewhere in Texas and beyond. It does not accept proposals for the upcoming High-Impact Grantmaking cycle and plans to invite selected organizations or collaboratives to apply.
Assets
$1.1B
Grants
1,724
Total Given
$232.3M
BNSF Railway Foundation
Fort Worth, TX
The BNSF Railway Foundation funds civic, cultural, education, health and human services, environmental, and youth programs, including operating costs and specific projects. Its 2025 median grant was $2,500, though awards ranged from $100 to $500,000; it supports eligible organizations serving communities near BNSF rail lines across its 28 operating states. The foundation provides an online application process, but whether it accepts unsolicited requests is not stated.
Assets
$23.0M
Grants
993
Total Given
$7.0M
Baker Hughes Foundation
Houston, TX
Assets
$2.2M
Grants
990
Total Given
$3.2M
Community Foundation of North Texas (Tax
Fort Worth, TX
The foundation supports nonprofits and community projects in areas including animal welfare, nonprofit capacity building, first responders, land conservation, neighborhood development, opportunity and access, and scholarships. In 2024, grants ranged from $5,100 to $1.5 million, with a median of $14,250; its service area covers 11 North Texas counties. It accepts applications for some competitive grant programs through its online portal, but donor-advised grants are not open to nonprofit applications.
Assets
$544.9M
Grants
872
Total Given
$41.3M
Michael & Susan Dell Foundation
Austin, TX
The Michael & Susan Dell Foundation funds education, health, jobs and livelihoods, and family economic stability, with its deepest U.S. focus in Texas and additional work across the U.S. and internationally. In 2024 it awarded 835 grants totaling about $164.6 million; grants ranged from $75 to $50 million, with a median of $19,324. It accepts unsolicited requests through its online application process.
Assets
$7.8B
Grants
835
Total Given
$164.6M
More similar funders
More Funders in Texas
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Abit Inc (A Blessing in Time Ministry)'s IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Abit Inc (A Blessing in Time Ministry) down — hundreds of funders to go?