Better Life Foundation
Better Life Foundation is a private foundation, based in JACKSON, MS. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $740K in total assets. In 2024, it awarded 4 grants totaling $35K. Net investment income was $292K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$740K
+147.4% YoY
Annual Giving
$35K
+37.3% YoY
Grant Count
4
+0.0% YoY
Avg Grant Size
$9K
+37.3% YoY
About Better Life Foundation
Based on IRS filings
Better Life Foundation is a private foundation, based in JACKSON, MS. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $740K in total assets. In 2024, it awarded 4 grants totaling $35K. Net investment income was $292K.
Ready to take the next step with Better Life Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $740,052 | $299,127 | $301,856 |
| Revenue | $302,113 | $28,380 | $28,804 |
| Expenses | $48,388 | $31,109 | $30,469 |
| Qualifying Distributions | $35,000 | $25,500 | $25,000 |
| Net Investment Income | $291,628 | $24,884 | $24,659 |
| Distributable Amount | $29,397 | $20,237 | $23,733 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
13 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| VAUGHAN W MCRAE | PRESIDENT | — | — |
| NORA FRANCES MCRAE | DIRECTOR | — | — |
| DOUGLAS VAUGHAN MCRAE | DIRECTOR | — | — |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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