The organization is dedicated to promoting and defending the roman catholic religion and educating people about the faith. In order to accomplish the mission and educate people about the faith, the organization distributes catholic literature and audio recordings that provide information about catholicism. The organization also conducts religious conferences.
Key facts about Eternal Life Inc
In short: Eternal Life Inc gave $166K across 5 grants in 2024 (avg $33K). Source: 2024 IRS Form 990.
- EIN
- 61-1164067
- Latest 990 filing
- Form 990, 2024
- Annual giving (2024)
- $165,890
- Grants made (2024)
- 5
- Average grant
- $33,178
- Median grant
- $47,790
- Total assets
- $6,661,676
Data from IRS Form 990, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990 · View filing
Total Assets
$6.7M
+10.3% YoY
Annual Giving
$166K
+55.0% YoY
Grant Count
5
+66.7% YoY
Avg Grant Size
$33K
-7.0% YoY
How Eternal Life Inc gives
- Giving grew 374% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
About Eternal Life Inc
Based on IRS filings
Eternal Life Inc is a public charity focused on religion, based in Bardstown, KY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.7M in total assets. In 2024, it awarded 5 grants totaling $166K. Net investment income was $683K.
Focus Areas
Ready to take the next step with Eternal Life Inc?
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $19K (2020) to $166K (2024). In 2024 it made 5 grants totaling $166K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
The largest 2024 recipient was Holy Angels Academy ($55K). Together the top 5 received $166K.
Grant Size Distribution
13 grants across all recorded years
The most common grant size was under $50K: 8 grants of 13 (62%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Holy Angels Academy | Support Orthodox Roman Catholic Causes and Programs | $55,000 |
| Immaculate Classical Academy | Support Orthodox Roman Catholic Causes and Programs | $50,000 |
| Real Presence Ee & Aa | Support Orthodox Roman Catholic Causes and Programs | $47,790 |
| Shrine of Our Lady of Guadalupe | Support Orthodox Roman Catholic Causes and Programs | $8,000 |
| Alaworthy Vestments | Support Orthodox Roman Catholic Causes and Programs | $5,100 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $6,661,676 | $6,040,456 | $5,637,807 |
| Revenue | $820,816 | $686,615 | $2,356,122 |
| Expenses | $356,103 | $329,360 | $333,567 |
| Net Investment Income | $683,492 | $514,697 | $56,280 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS May 4, 2022)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Eternal Life Inc's 2024 filing lists 4 officers; 1 of 4 officers listed in 2024 is compensated.
Officers on the 2024 filing
Martha Spalding
Director, Secretary & Treasurer
On filings since 2020
1 hr/week
No compensation reported
Philip Spalding
Director & Vice President
On filings since 2020
1 hr/week
No compensation reported
Jared Spalding
Treasurer
On filings since 2023
10 hrs/week
$12K (2023) → $18K (2024)
Thomas P. Monaghan
Member of Board
On filings since 2020
4 hrs/week
No compensation reported
Former officers (1)
- Former: Roger Arnsparger (2020–2021) — Director & President
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $18K, to Jared Spalding (Treasurer).
Frequently asked questions about Eternal Life Inc
How much does Eternal Life Inc give each year?
Eternal Life Inc gave $166K across 5 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $107K across 3 grants.
What is Eternal Life Inc's typical grant size?
Eternal Life Inc's median grant in 2024 was $47,790, and its average grant was $33,178, across 5 grants on its 2024 IRS Form 990.
Does Eternal Life Inc give general operating support?
Not in 2024: none of the 5 grants with a stated purpose on Eternal Life Inc's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "Support Orthodox Roman Catholic Causes and Programs" (5 grants).
Who are Eternal Life Inc's largest grantees?
Eternal Life Inc's largest 2024 grantees include Holy Angels Academy ($55,000), Immaculate Classical Academy ($50,000) and Real Presence Ee & Aa ($47,790), according to its 2024 IRS Form 990. Together they received 92% of its itemized 2024 grant dollars.
How large is Eternal Life Inc?
Eternal Life Inc reported $6.7M in total assets on its 2024 IRS Form 990. Its revenue that year was $821K.
What is Eternal Life Inc?
Eternal Life Inc is a public charity focused on religion, based in Bardstown, KY. It holds $6.7M in total assets as of 2024.
What is Eternal Life Inc's EIN?
Eternal Life Inc's EIN (Employer Identification Number) is 61-1164067. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching Eternal Life Inc by hand.
Explore Open Grants
Browse active grant opportunities in Eternal Life Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
The Community Foundation of Louisville Inc
Louisville, KY
The Community Foundation of Louisville funds nonprofits, community projects, scholarships, and early-stage businesses through programs focused on expanding opportunity and addressing local needs. Its 2025 grants ranged from $5,012 to $3.85 million, with a median of $22,987; support is centered in Louisville and Kentucky, though grants also go beyond the state. It says its grant programs use an open application and review process; requirements vary by opportunity.
Assets
$766.9M
Grants
678
Total Given
$55.0M
LG&E and Ku Foundation Inc
Louisville, KY
The foundation funds community organizations in economic development, education, the environment, and diversity, as well as event sponsorships and tree-planting grants, primarily in communities served by LG&E and KU. Its 2025 grants ranged from $100 to $749,000, with a median of $2,500; 96% of grant dollars went to Kentucky. It accepts community grant applications through its online portal in March and October.
Assets
$22.0M
Grants
497
Total Given
$4.3M
John B & Brownie Young Memorial Fund
Owensboro, KY
Assets
$13.5M
Grants
392
Total Given
$894K
The Community Foundation of Louisville Depository Inc
Louisville, KY
The Community Foundation of Louisville supports a broad range of causes, including arts, parks, education, social services, and libraries, with most 2025 grant dollars going to Kentucky organizations. Its 2025 grants had a median of $15,200 and ranged from $5,100 to over $2.3 million; the available information does not say whether it accepts unsolicited requests.
Assets
$24.0M
Grants
421
Total Given
$20.5M
Blue Grass Community Foundation Inc
Lexington, KY
It funds nonprofits and community needs through competitive grants and donor-established funds, supporting areas such as housing, youth well-being, and services for vulnerable people. Its 2025 grants ranged from $5,025 to $520,164, with a median of $16,661; its focus is Central and Appalachia Kentucky. Applicants must use the online portal for specific opportunities; whether it accepts unsolicited requests is not stated.
Assets
$296.2M
Grants
514
Total Given
$20.7M
Honorable Order of Kentucky Colonels Inc
Louisville, KY
The Honorable Order of Kentucky Colonels funds Kentucky nonprofits serving Kentuckians in areas including education, health, arts, community support, and youth services, generally for tangible items or projects. Its 2024 grants ranged from $370 to $500,000, with a median award of $5,999; it offers an annual grant cycle and year-round emergency grants. Applicants start with a letter of intent, so requests are accepted through its stated application process.
Assets
$23.5M
Grants
358
Total Given
$4.5M
Adam R Scripps Foundation
Ft Mitchell, KY
The foundation supports science and biomedical research, education and scholarships, housing, health, and community services, with grants primarily benefiting organizations in Texas and California, as well as other states. In 2024, grants ranged from $1,000 to $2 million, with a median of $50,000; whether it accepts unsolicited requests is not stated.
Assets
$754.6M
Grants
281
Total Given
$35.5M
The Scripps Family Fund for Education
Ft Mitchell, KY
The Scripps Family Fund for Education and the Arts supports educational, enrichment, and arts-related opportunities—especially for economically disadvantaged people, from infants through young adults—and funds new initiatives, program expansion, and capacity building. Its 2025 grants ranged from $138 to $200,000, with a median of $10,000; it primarily funded organizations in Connecticut, with grants also reaching New York and other states. Funding is invitation-only, and the fund does not accept unsolicited requests.
Assets
$28.0M
Grants
256
Total Given
$3.4M
The Whas Crusade for Children Inc
Louisville, KY
The WHAS Crusade for Children funds direct services, specific programs, and equipment for children up to age 18 with health care, educational, or emotional wellness needs, through eligible nonprofits, schools, and hospitals in Kentucky and southern Indiana. Its 2024 grants ranged from $5,180 to $414,000, with a median of $17,500. New applicants may send a brief organization and project description to request an invitation; applications are invitation-only.
Assets
$59.5M
Grants
201
Total Given
$5.8M
Miramar Charitable Foundation
Ft Mitchell, KY
Miramar Charitable Foundation funds preselected charitable organizations across areas including arts, survivor support, education, science, and journalism, with grants to recipients in multiple states; in 2024, the largest shares went to Colorado, North Carolina, California, New York, and Florida. Its 2024 grants ranged from $250 to $1 million, with a median of $2,000. It does not accept unsolicited requests.
Assets
—
Grants
188
Total Given
$4.5M
Ray & Kay Eckstein Charitable Trust
Paducah, KY
The trust supports Catholic and other faith-based causes, human needs, education, families, and vibrant communities, with grants made across multiple states, especially Kentucky, Wisconsin, Florida, Louisiana, and Maryland. In 2024, its median grant was $50,000, with awards ranging from $200 to about $2.5 million. It accepts requests through an online process that begins with a pre-qualification request; it invites requests for 2026 funding.
Assets
—
Grants
183
Total Given
$22.8M
The Fischer Family Foundation 2008
Fort Mitchell, KY
The foundation funds organizations working in education, housing and homelessness, family support, employment, and financial stability, with most giving in Kentucky and Ohio and some support elsewhere. Its 2024 grants ranged from $150 to $2.3 million, with a median of $50,000. It gives only to preselected charitable organizations and does not accept unsolicited requests.
Assets
—
Grants
166
Total Given
$13.9M
More Funders in Kentucky
Eternal Life Inc down — hundreds of funders to go?