Initiative for a Better Society
Initiative for a Better Society is a private foundation, based in Mt Juliet, TN. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $202K in total assets. In 2025, it awarded 3 grants totaling $3K. Net investment income was $12K.
Initiative for a Better Society at a glance
In short: Initiative for a Better Society gave $3K across 3 grants in 2025 (avg $1K), mostly in New York. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $3,000
- -44.9% vs 2024
- Grants made (2025)
- 3
- -62.5% vs 2024
- Average grant
- $1,000
- +47.1% vs 2024
- Median grant
- $1,000
- Total assets
- $202,036
- +3.9% vs 2024
- Primary geography
- New York (67% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Initiative for a Better Society funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was Council for Alcohol and Drug Abuse Services Inc ($1K). Together the top 3 received $3K.
Grant Size Distribution
17 grants across all recorded years
The most common grant size was under $50K: 17 grants of 17 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
Cities
How Initiative for a Better Society gives
- Giving fell 25% from 2022 to 2025. Method
- In 2025 it paid out 35% 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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2025, annual grant giving ranged from $3K (2025) to $13K (2023). In 2025 it made 3 grants totaling $3K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Council for Alcohol and Drug Abuse Services Inc Chattanooga, TN | general purpose | $1,000 |
| Chabad Lubavitch Center New York, NY | general support | $1,000 |
| Messianic Times Inc Buffalo, NY | general support | $1,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $202,036 | $16,198 | $12,079 | $3,000 | 3 | $3,241 | $12,177 | $9,189 |
| 2024 | $194,362 | $15,664 | $11,913 | $5,440 | 8 | $11,913 | $15,664 | $8,893 |
| 2023 | $186,251 | $-13,588 | $21,969 | $13,100 | 3 | $21,201 | $11,678 | — |
| 2022 | $233,326 | $47,540 | $11,729 | $3,995 | 3 | $11,729 | $55,274 | $9,821 |
| 2021 | $197,513 | $197,513 | — | — | — | — | — | $659 |
Under IRS private-foundation payout rules, Initiative for a Better Society reported a distributable amount of $9K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Initiative for a Better Society is led by Dmitri Model, President since 2023 (on filings since 2021) — the only officer listed, and uncompensated.
Officers on the 2025 filing
Dmitri Model
President
Director President Secretary → Director President Treasurer Secretary, 2022
Director President Treasurer Secretary → President, 2023
On filings since 2021
2 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2021–2025. "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 Initiative for a Better Society
How much does Initiative for a Better Society give each year?
Initiative for a Better Society gave $3K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $5K across 8 grants.
What is Initiative for a Better Society's typical grant size?
Initiative for a Better Society's median grant in 2025 was $1,000, and its average grant was $1,000, across 3 grants on its 2025 IRS Form 990-PF.
Where does Initiative for a Better Society give grants?
Initiative for a Better Society gives mostly in New York: 67% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Tennessee (33%).
Does Initiative for a Better Society give general operating support?
Yes: 100% of Initiative for a Better Society's 2025 grants with a stated purpose (3 of 3) were for general or operating support, per its 2025 IRS Form 990-PF.
How large is Initiative for a Better Society?
Initiative for a Better Society reported $202K in total assets on its 2025 IRS Form 990-PF. It paid out $3K in qualifying distributions that year, against a required minimum of $9K (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 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 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2021 (received by the IRS March 6, 2023)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS March 6, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS March 4, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS March 28, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS February 18, 2026)
- IRS filings on file for fiscal years 2021–2025
Explore Open Grants
Browse active grant opportunities in Initiative for a Better Society's focus areas in our free grants database
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Figures come from Initiative for a Better Society's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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