Ministry of Life Inc

Private foundation · Grantmaker Carmel, IN EIN: 35-6063086

Ministry of Life Inc is a private foundation, based in Carmel, IN. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $198K in total assets. In 2024, it awarded 4 grants totaling $28K. Net investment income was $11K.

Key facts about Ministry of Life Inc

In short: Ministry of Life Inc gave $28K across 4 grants in 2024 (avg $7K), mostly in Indiana. Source: 2024 IRS Form 990-PF.

EIN
35-6063086
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$27,787
Grants made (2024)
4
Average grant
$6,947
Median grant
$6,533
Total assets
$198,378
Primary geography
Indiana (89% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$198K

-12.9% YoY

Annual Giving

$28K

+9.0% YoY

Grant Count

4

-20.0% YoY

Avg Grant Size

$7K

+36.2% YoY

Under IRS private-foundation payout rules, Ministry of Life Inc reported a distributable amount of $11K for 2024 — the minimum it must pay out in qualifying distributions.

How Ministry of Life Inc gives

  • Giving fell 36% from 2021 to 2024. Method
  • In 2024 it paid out 365% of its IRS minimum distribution (the 5% rule). 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

3states

Share of 2024 grant dollars across all 4 itemized grants.

Cities

NoblesvilleBarringtonFairfieldIndianapolis

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K6 grants2021 4 grants2022 5 grants2023 4 grants2024

From 2021 to 2024, annual grant giving ranged from $26K (2023) to $43K (2021). In 2024 it made 4 grants totaling $28K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Reversebus Foundation Inc: $13KReversebus Foundation Inc$13KGrace Care Center: $12K across 2 grantsGrace Care Center$12K · 2 grantsSave the Children: $3KSave the Children$3K

The largest 2024 recipient was Reversebus Foundation Inc ($13K). Together the top 3 received $28K.

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
Reversebus Foundation Inc Noblesville, INMinistry Support$13,000
Grace Care Center Noblesville, INMinistry Support$10,000
Save the Children Fairfield, CTMinistry Support$3,066
Grace Care Center Noblesville, INMinistry Support$1,721

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$25K$50K$75K$100K2021 2022 2023 2024
Metric202420232022
Total Assets$198,378$227,718$276,401
Revenue$14,609$7,397$5,719
Expenses$43,949$56,080$54,893
Qualifying Distributions$40,198$51,057$49,988
Net Investment Income$10,858$3,399$840
Distributable Amount$11,012$12,480$14,554

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2024

Leadership & Key People

Officers and directors from IRS filings

Ministry of Life Inc is led by Devon Fromke, President on every filing since 2021; none of the 4 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Devon Fromke

    President

    On filings since 2021

    5 hrs/week

    No compensation reported

  • Kyle Fromke

    Board Member

    On filings since 2021

    No compensation reported

  • Linda Gilmore

    Treasurer

    On filings since 2021

    No compensation reported

  • Patricia Fromke

    Secretary

    On filings since 2021

    2 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2021–2024. "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 Ministry of Life Inc

How much does Ministry of Life Inc give each year?

Ministry of Life Inc gave $28K across 4 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $26K across 5 grants.

What is Ministry of Life Inc's typical grant size?

Ministry of Life Inc's median grant in 2024 was $6,533, and its average grant was $6,947, across 4 grants on its 2024 IRS Form 990-PF.

Where does Ministry of Life Inc give grants?

Ministry of Life Inc gives mostly in Indiana: 89% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Connecticut (11%). The most frequent recipient cities were Noblesville, IN (3 grants).

Does Ministry of Life Inc give general operating support?

Not in 2024: none of the 4 grants with a stated purpose on Ministry of Life Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Ministry Support" (4 grants).

How large is Ministry of Life Inc?

Ministry of Life Inc reported $198K in total assets on its 2024 IRS Form 990-PF. It paid out $40K in qualifying distributions that year, against a required minimum of $11K (roughly 5% of its investment assets).

What is Ministry of Life Inc's EIN?

Ministry of Life Inc's EIN (Employer Identification Number) is 35-6063086. IRS Form 990 filing data is available on this page for 2021–2024.

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

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