Grateful Hearts Foundation
Grateful Hearts Foundation is a private foundation based in Sheridan, Wyoming. In its 2025 filing, it reported grants for scholarships and a range of charitable activities, including support for organizations working in areas such as disability services, outdoor ministry, foster care, pregnancy support, and community services.
Key facts about Grateful Hearts Foundation
In short: Grateful Hearts Foundation gave $58K across 16 grants in 2025 (avg $4K), top state Colorado. 13% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- EIN
- 26-1566454
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $57,963
- Grants made (2025)
- 16
- Average grant
- $3,623
- Median grant
- $1,028
- New grantees (estimate)
- 13% first-time grantees (2 of 15, 2025; small sample)
- Total assets
- $827,458
- Primary geography
- Colorado (30% of itemized 2025 grant dollars)
- Accepts unsolicited proposals
- Yes
- How to apply
- The foundation accepts unsolicited requests; its filing says there is no formal application process for soliciting funds and that solicitations may be made throughout the year. Full details ↓
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$827K
-1.6% YoY
Annual Giving
$58K
-7.5% YoY
Grant Count
16
+6.7% YoY
Avg Grant Size
$4K
-13.3% YoY
Under IRS private-foundation payout rules, Grateful Hearts Foundation reported a distributable amount of $52K for 2025 — the minimum it must pay out in qualifying distributions.
Is Grateful Hearts Foundation open to new grantees?
13%
first-time grantees, 2025
In 2025, 2 of 15 grantees (13%) were first-time recipients. With only 15 grantees, that is a small sample: one grantee more or less moves the share by about 7 points. First grants averaged $521; repeat grants $3K. How we count
Medians: $521 first-time, $1K repeat.
- 87% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (+16%). Method
- In 2025 it paid out 112% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants included a camper/counselor scholarship, support for a technical wilderness expedition, and grants to organizations with varied charitable and religious activities.
Among its grantees, Joni and Friends describes its mission as communicating the gospel and mobilizing the global church to evangelize, disciple, and serve people living with disabilities. Climbing for Christ describes its work as Christian ministry and outreach in remote mountainous areas. Sheridan Foster Parent Exchange says it serves foster, adoptive, and kinship parents and children during the journey of foster care. Life’s Options Pregnancy Center describes itself as a Christian nonprofit ministry offering pregnancy tests, ultrasounds, support, parenting classes, and free baby items.
Grantmaking
In 2025, the foundation gave $57,963 through 16 grants. Grants ranged from $500 to $15,449, with a median grant of $1,028.
Among its larger 2025 grants were $15,449 to Camp Id-Ra-Ha-Je for camper/counselor scholarships; $10,000 each to Joni and Friends and SROM; $9,072 to Cru Lifelines; and $5,000 to Climbing for Christ. Other grants included $1,240 to Sheridan Foster Parent Exchange, $1,040 to Life’s Options Pregnancy Center, $1,030 to Sheridan Senior Center, and $1,023 to Meals on Wheels. Samaritan’s Purse received $500; it describes its work as providing spiritual and physical aid to people facing conditions including war, poverty, natural disasters, disease, and famine.
How to Apply
The foundation accepts unsolicited requests; its filing says there is no formal application process for soliciting funds and that solicitations may be made throughout the year. It may sometimes require a detailed application for review, particularly in connection with scholarships for educational organizations. The foundation says grants are generally unrestricted, but eligibility may be limited for specific awards. For example, its Grateful Hearts National Outdoor Leadership School scholarship is limited to students in Sheridan County school districts in Wyoming.
Ready to take the next step with Grateful Hearts Foundation?
Geographic Focus
Where this funder awards grants
In 2025, grant dollars went to recipients in Colorado (30%), Wyoming (26%), California (18%), Florida (16%), and New York (9%).
Grant Distribution by State
Share of 2025 grant dollars across all 16 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $50K (2019) to $63K (2024). In 2025 it made 16 grants totaling $58K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Camp Id-Ra-Ha-Je ($15K). Together the top 10 received $55K.
Grant Size Distribution
80 grants across all recorded years
The most common grant size was under $50K: 80 grants of 80 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Camp Id-Ra-Ha-Je Bailey, CO | Camper/Counselor Scholarship | $15,449 |
| Joni and Friends Agoura Hills, CA | Share the Hope of the Gospel | $10,000 |
| Srom Laramie, WY | Technical Deep Wilderness Expedition | $10,000 |
| CRU Lifelines Orlando, FL | Helping Take Gospel to All Nations. | $9,072 |
| Climbing for Christ Rochester, NY | Taking Gospel to Mountainous Areas | $5,000 |
| Sheridan Foster Parent Exchange Sheridan, WY | Serves Children in Crisis | $1,240 |
| Life's Options Pregnancy Center Evergreen, CO | Pregnancy Education | $1,040 |
| Sheridan Senior Center Sheridan, WY | Service & Support for Senior Citizen | $1,030 |
| Legacy Pregnancy Center Sheridan, WY | Pregnancy Education | $1,025 |
| Meals on Wheels Denver, CO | Deliver Meals to Those in Need | $1,023 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants |
|---|---|---|---|---|
| 2025 | $827,458 | $52,148 | $65,271 | $57,963 |
| 2024 | $840,841 | $55,502 | $71,464 | $62,650 |
| 2023 | $851,391 | $124,699 | $60,155 | $52,661 |
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $827,458 | $840,841 | $851,391 |
| Revenue | $52,148 | $55,502 | $124,699 |
| Expenses | $65,271 | $71,464 | $60,155 |
| Qualifying Distributions | $58,079 | $62,763 | $52,767 |
| Net Investment Income | $31,352 | $46,801 | $116,815 |
| Distributable Amount | $51,833 | $49,127 | $45,561 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 8, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS April 30, 2026)
- Added Form 990-PF for fiscal year 2019 (received by the IRS June 10, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 16, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 11, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS July 3, 2024)
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Bonnie J Rhinesmith as president/executive director, Benedict Davis Rhinesmith as vice president, and R Bret Rhinesmith as secretary and treasurer.
Grateful Hearts Foundation is led by Bonnie J. Rhinesmith, President & Executive Di since 2023 (on filings since 2019); none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Bonnie J. Rhinesmith
President & Executive Di
President & Executive Director → President & Executive Di, 2023
On filings since 2019
No compensation reported
Benedict Davis Rhinesmith
Vice President
On filings since 2019
No compensation reported
R. Bret Rhinesmith
Secretary & Treasurer
On filings since 2019
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.
Contact
Application contact: Bonnie J Rhinesmith
Mailing address: PO Box 7196, Sheridan, WY 82801
Phone: (303) 906-1517
Frequently asked questions about Grateful Hearts Foundation
How much does Grateful Hearts Foundation give each year?
Grateful Hearts Foundation gave $58K across 16 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $63K across 15 grants.
What is Grateful Hearts Foundation's typical grant size?
Grateful Hearts Foundation's median grant in 2025 was $1,028, and its average grant was $3,623, across 16 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Grateful Hearts Foundation that year got $521 on average.
Where does Grateful Hearts Foundation give grants?
Grateful Hearts Foundation's top state is Colorado, with 30% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Wyoming (26%) and California (18%). The most frequent recipient cities were Sheridan, WY (6 grants).
Does Grateful Hearts Foundation give general operating support?
Not in 2025: none of the 16 grants with a stated purpose on Grateful Hearts Foundation's 2025 IRS Form 990-PF were described as general or operating support.
Who are Grateful Hearts Foundation's largest grantees?
Grateful Hearts Foundation's largest 2025 grantees include Camp Id-Ra-Ha-Je ($15,449), Joni and Friends ($10,000) and Srom ($10,000), according to its 2025 IRS Form 990-PF. Together they received 61% of its itemized 2025 grant dollars.
How large is Grateful Hearts Foundation?
Grateful Hearts Foundation reported $827K in total assets on its 2025 IRS Form 990-PF. It paid out $58K in qualifying distributions that year, against a required minimum of $52K (roughly 5% of its investment assets).
What does Grateful Hearts Foundation fund?
No mission statement for the foundation is provided. Its 2025 grants included a camper/counselor scholarship, support for a technical wilderness expedition, and grants to organizations with varied charitable and religious activities. See mission & focus areas ↑
How do I apply for a grant from Grateful Hearts Foundation?
The foundation accepts unsolicited requests; its filing says there is no formal application process for soliciting funds and that solicitations may be made throughout the year. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Grateful Hearts Foundation's EIN?
Grateful Hearts Foundation's EIN (Employer Identification Number) is 26-1566454. IRS Form 990 filing data is available on this page for 2019–2025.
Does Grateful Hearts Foundation accept unsolicited proposals?
Yes, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
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