Initiative for a Better Society
Initiative for a Better Society is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MT JULIET, TN. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $194K in total assets. In 2024, it awarded 8 grants totaling $5K. Net investment income was $16K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$194K
+4.4% YoY
Annual Giving
$5K
-58.5% YoY
Grant Count
8
+166.7% YoY
Avg Grant Size
$680
-84.4% YoY
Under IRS private-foundation payout rules, Initiative for a Better Society reported a distributable amount of $9K for 2024 — the minimum it must pay out in qualifying distributions.
About Initiative for a Better Society
Based on IRS filings
Initiative for a Better Society is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MT JULIET, TN. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $194K in total assets. In 2024, it awarded 8 grants totaling $5K. Net investment income was $16K.
Focus Areas
Ready to take the next step with Initiative for a Better Society?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $194,362 | $186,251 | $233,326 |
| Revenue | $15,664 | $-13,588 | $47,540 |
| Expenses | $11,913 | $21,969 | $11,729 |
| Qualifying Distributions | $11,913 | $21,201 | $11,729 |
| Net Investment Income | $15,664 | $11,678 | $55,274 |
| Distributable Amount | $8,893 | — | $9,821 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
14 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Messianic Jewish Alliance of Americ ($2,165), Dolphin Research Center ($1,025), Amazing Animals Inc ($500).
| Recipient | Purpose | Amount |
|---|---|---|
| Hidden Harbor Marine Environmental Marathon, FL | General Support | $300 |
| Dolphin Research Center GRASSY KEY, FL | General Support | $1,025 |
| Friends of the Port St Lucie Botani PORT SAINT LUCIE, FL | General Support | $200 |
| Amazing Animals Inc SAINT CLOUD, FL | General Support | $500 |
| Florida Keys Wild Bird Center Tavernier, FL | General Support | $250 |
| Messianic Jewish Alliance of Americ Springfield, PA | General Support | $2,165 |
| The Edison Institute Inc Dearborn, MI | General Support | $500 |
| CHABAD OF FREMONT JEWISH COMMUNITY Fremont, CA | General Support | $500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Dmitri Model | President | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Initiative for a Better Society?
Initiative for a Better Society is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MT JULIET, TN. It holds $194K in total assets as of 2024.
How large is Initiative for a Better Society?
As of 2024, Initiative for a Better Society holds $194K in total assets with $16K in annual revenue. It awarded 8 grants totaling $5K in 2024.
Where does Initiative for a Better Society operate?
Initiative for a Better Society has awarded grants in California, Florida, Kentucky, Michigan, Pennsylvania, Tennessee.
What size grants does Initiative for a Better Society award?
In 2024, Initiative for a Better Society awarded 8 grants totaling $5K — an average of about $680 per grant, based on its IRS Form 990 filings.
How much is Initiative for a Better Society required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Initiative for a Better Society reported a distributable amount of $9K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Initiative for a Better Society's EIN?
Initiative for a Better Society's EIN (Employer Identification Number) is 87-2940451. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Initiative for a Better Society's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Maclellan Center for Global Christian Ed
CHATTANOOGA, TN
Assets
$592K
Grants
1
Total Given
$48K
Anne Bransford Wallace Foundation
NASHVILLE, TN
Assets
$553K
Grants
40
Total Given
$43K
Springplace Presbyterian Church 280-5019032
KNOXVILLE, TN
Assets
$140K
Grants
1
Total Given
$6K
United Way of East Tennessee
JOHNSON CITY, TN
Assets
$3.4M
Grants
12
Total Given
$202K
One Family Memphis
MEMPHIS, TN
Assets
$6.4M
Grants
0
Total Given
—
Southeast Center for Cooperative Development
NASHVILLE, TN
Assets
$388K
Grants
1
Total Given
$20K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Initiative for a Better Society on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Initiative for a Better Society to a real strategy.