Everything is Possible Foundation

Private foundation · Grantmaker Wilmington, DE EIN: 46-5668247

Everything is Possible Foundation is a private foundation, based in Wilmington, DE. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $792K in total assets. In 2025, it awarded 8 grants totaling $25K. Net investment income was $30K.

Key facts about Everything is Possible Foundation

In short: Everything is Possible Foundation gave $25K across 8 grants in 2025 (avg $3K), mostly in Texas. Source: 2025 IRS Form 990-PF.

EIN
46-5668247
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$24,500
Grants made (2025)
8
Average grant
$3,063
Median grant
$2,000
Total assets
$792,056
Primary geography
Texas (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$792K

-0.1% YoY

Annual Giving

$25K

+4.3% YoY

Grant Count

8

+60.0% YoY

Avg Grant Size

$3K

-34.8% YoY

Under IRS private-foundation payout rules, Everything is Possible Foundation reported a distributable amount of $51K for 2025 — the minimum it must pay out in qualifying distributions.

How Everything is Possible Foundation gives

  • Giving grew 133% from 2022 to 2025. Method
  • In 2025 it paid out 60% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2025 grant dollars across all 8 itemized grants.

States

Cities

BuffaloCentervilleOakwoodAustinCelinaFrisco

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K2 grants2019 1 grant2020 1 grant2021 1 grant2022 4 grants2023 5 grants2024 8 grants2025

From 2019 to 2025, annual grant giving ranged from $10K (2021) to $25K (2025). In 2025 it made 8 grants totaling $25K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2025

Lifeway Church: $8KLifeway Church$8KLive Like Knox Foundation Inc: $8KLive Like Knox Foundation Inc$8KLords Pantry of Leon County Inc: $3KLords Pantry of Leon CountyInc$3KOakwood Community Food Pantry: $2KOakwood Community Food Pantry$2KTexas Solar Energy Society Inc: $2KTexas Solar Energy Society Inc$2KCity of Buffalo: $1KCity of Buffalo$1KEast Leon County Volunteer Fire Department: $1KEast Leon County VolunteerFire Department$1KLeon County Law Enforcement Association: $1KLeon County Law EnforcementAssociation$1K

The largest 2025 recipient was Lifeway Church ($8K). Together the top 8 received $25K.

Grant Size Distribution

19 grants across all recorded years

19<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 19 grants of 19 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Lifeway Church Celina, TXGeneral & Unrestricted$7,500
Live Like Knox Foundation Inc Frisco, TXGeneral & Unrestricted$7,500
Lords Pantry of Leon County Inc Buffalo, TXGeneral & Unrestricted$2,500
Oakwood Community Food Pantry Oakwood, TXGeneral & Unrestricted$2,000
Texas Solar Energy Society Inc Austin, TXGeneral & Unrestricted$2,000
City of Buffalo Buffalo, TXBuffalo Volunteer Fire Department$1,000
East Leon County Volunteer Fire Department Oakwood, TXGeneral & Unrestricted$1,000
Leon County Law Enforcement Association Centerville, TXGeneral & Unrestricted$1,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K$400K2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$792,056$792,957$503,624
Revenue$30,407$319,493$23,176
Expenses$31,308$30,160$20,868
Qualifying Distributions$30,788$29,665$20,545
Net Investment Income$30,232$24,845$23,001
Distributable Amount$51,095$36,006$24,203

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS April 17, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS September 28, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS April 12, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS March 23, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS April 4, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS April 25, 2025)
  7. Updated Form 990-PF for fiscal year 2025 (received by the IRS April 10, 2026)
  8. IRS filings on file for fiscal years 2019–2025

Leadership & Key People

Officers and directors from IRS filings

Everything is Possible Foundation is led by Chris Tong, President, Director, Secretary & Treasurer on every filing since 2019; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Chris Tong

    President, Director, Secretary & Treasurer

    On filings since 2019

    1 hr/week

    No compensation reported

  • Linda Tong

    Vice President & Director

    On filings since 2019

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2019–2025. "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 Everything is Possible Foundation

How much does Everything is Possible Foundation give each year?

Everything is Possible Foundation gave $25K across 8 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $24K across 5 grants.

What is Everything is Possible Foundation's typical grant size?

Everything is Possible Foundation's median grant in 2025 was $2,000, and its average grant was $3,063, across 8 grants on its 2025 IRS Form 990-PF.

Where does Everything is Possible Foundation give grants?

Everything is Possible Foundation gives mostly in Texas: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Buffalo, TX (2 grants) and Oakwood, TX (2 grants).

Does Everything is Possible Foundation give general operating support?

Yes: 88% of Everything is Possible Foundation's 2025 grants with a stated purpose (7 of 8) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are Everything is Possible Foundation's largest grantees?

Everything is Possible Foundation's largest 2025 grantees include Lifeway Church ($7,500), Live Like Knox Foundation Inc ($7,500) and Lords Pantry of Leon County Inc ($2,500), according to its 2025 IRS Form 990-PF. Together they received 71% of its itemized 2025 grant dollars.

How large is Everything is Possible Foundation?

Everything is Possible Foundation reported $792K in total assets on its 2025 IRS Form 990-PF. It paid out $31K in qualifying distributions that year, against a required minimum of $51K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What is Everything is Possible Foundation's EIN?

Everything is Possible Foundation's EIN (Employer Identification Number) is 46-5668247. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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