Joysong Foundation Inc

EVANSVILLE, IN EIN: 87-3910022

Joysong Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in EVANSVILLE, IN. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $3.4M in total assets. In 2024, it awarded 8 grants totaling $724K. Net investment income was $291K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.4M

-11.3% YoY

Annual Giving

$724K

-19.8% YoY

Grant Count

8

+14.3% YoY

Avg Grant Size

$91K

-29.8% YoY

Under IRS private-foundation payout rules, Joysong Foundation Inc reported a distributable amount of $182K for 2024 — the minimum it must pay out in qualifying distributions.

About Joysong Foundation Inc

Based on IRS filings

Joysong Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in EVANSVILLE, IN. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $3.4M in total assets. In 2024, it awarded 8 grants totaling $724K. Net investment income was $291K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

8states

Cities

EvansvilleHarrisburgHenricoKansas CityNew OrleansOrlandoSan DiegoTyler

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$3M$4M$5M2021202220232024
Metric202420232022
Total Assets$3,354,742$3,781,418$4,470,275
Revenue$326,736$269,299$167,336
Expenses$753,412$958,156$399,920
Qualifying Distributions$727,220$908,494$381,125
Net Investment Income$291,440$206,016$138,901
Distributable Amount$182,345$188,033$211,650

Giving Over Time

Total grant dollars and number of grants per year

$0$226K$452K$677K$903K0 grants20216 grants20227 grants20238 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

NORTHWOODS CHURCH$377KNEW ORLEANS BAPTIST THEO…$250KGRACEWAY$38KTHE ARC SMITH COUNTY$24KABWE - RANDAL J AND CIND…$20KGOOD NEWS GLOBAL$10KONE LIFE CHURCH$3KWYCLIFFE BIBLE TRANSLATORS$2K

Grant Size Distribution

21 grants across all recorded years

14<$50K$50–100K3$100–250K4$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Northwoods Church ($377,075), New Orleans Baptist Theological Seminary ($250,000), Graceway ($38,120).

RecipientPurposeAmount
ABWE - RANDAL J AND CINDY RICHNER HARRISBURG, PATO PROVIDE SUPPORT FOR MISSONARIES$20,000
GOOD NEWS GLOBAL HENRICO, VATO PLACE CHRISTIAN CHAPLAINS IN JAILS AND PRISONS TO PROVIDE MINISTRY TO INMATES$10,000
NEW ORLEANS BAPTIST THEOLOGICAL SEMINARY NEW ORLEANS, LATO PROVIDE HIGHER EDUCATION PROGRAMS IN RELIGIOUS STUDIES$250,000
NORTHWOODS CHURCH EVANSVILLE, INRELIGIOUS SERVICES$377,075
WYCLIFFE BIBLE TRANSLATORS ORLANDO, FLTO ADVANCE BIBLE TRANSLATION$2,400
GRACEWAY KANSAS CITY, MORELIGIOUS SERVICES$38,120
THE ARC SMITH COUNTY TYLER, TXTO PROVIDE GENERAL WELFARE SUPPORT TO PERSONS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES$24,000
ONE LIFE CHURCH EVANSVILLE, INSTUDENT MISSION TRIP$2,700

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JOHN C GREENBANKPRESIDENT1
COURTNEY A GREENBANKVICE PRESIDENT1
JULIE A GREENBANKTREASURER1
GABRIEL L GREENBANKSECRETARY1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Joysong Foundation Inc?

Joysong Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in EVANSVILLE, IN. It holds $3.4M in total assets as of 2024.

How large is Joysong Foundation Inc?

As of 2024, Joysong Foundation Inc holds $3.4M in total assets with $327K in annual revenue. It awarded 8 grants totaling $724K in 2024.

Where does Joysong Foundation Inc operate?

Joysong Foundation Inc has awarded grants in California, Florida, Indiana, Louisiana, Missouri, Pennsylvania, Texas, Virginia.

What size grants does Joysong Foundation Inc award?

In 2024, Joysong Foundation Inc awarded 8 grants totaling $724K — an average of about $91K per grant, based on its IRS Form 990 filings.

How much is Joysong Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Joysong Foundation Inc reported a distributable amount of $182K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Joysong Foundation Inc's EIN?

Joysong Foundation Inc's EIN (Employer Identification Number) is 87-3910022. IRS Form 990 filing data is available on this page for 2021–2024.

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

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