Renewed Hearts Foundation Inc

LOUISVILLE, KY EIN: 83-1368266

Renewed Hearts Foundation Inc is a private foundation focused on Religion Related, based in LOUISVILLE, KY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $49K in total assets. In 2024, it awarded 8 grants totaling $32K. Net investment income was $1K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$49K

-2.3% YoY

Annual Giving

$32K

Grant Count

Avg Grant Size

$4K

Under IRS private-foundation payout rules, Renewed Hearts Foundation Inc reported a distributable amount of $2K for 2024 — the minimum it must pay out in qualifying distributions.

About Renewed Hearts Foundation Inc

Based on IRS filings

Focus Areas

Religion Related

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Florida $11K (35%)

Georgia $10K (31%)

Kentucky $10K (31%)

California $575 (2%)

Texas $200 (1%)

Minnesota $100 (0%)

States

California Florida Georgia Kentucky Minnesota Texas

Cities

DallasDouglasvilleLouisvilleRobbinsdaleSanfordValencia

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$48,602	$49,760	$59,041
Revenue	$40,464	$36,919	$40,140
Expenses	$41,624	$46,200	$52,167
Qualifying Distributions	$31,984	—	—
Net Investment Income	$1,264	—	—
Distributable Amount	$2,281	—	—

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

8 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Ligonier Ministries ($11,254), G3 Ministries ($10,000), Faith Community Church ($8,075).

Recipient	Purpose	Amount
LIGONIER MINISTRIES SANFORD, FL	TO FURTHER THE MINISTRY'S MISSION	$11,254
GRACE TO YOU VALENCIA, CA	TO FURTHER THE MINISTRY'S MISSION	$575
ONEPASSION MINISTRIES INC DALLAS, TX	TO FURTHER THE MINISTRY'S MISSION	$200
NATIONAL KIDNEY FOUNDATION LOUISVILLE, KY	TO FURTHER THE MINISTRY'S MISSION	$100
G3 MINISTRIES DOUGLASVILLE, GA	TO FURTHER THE MINISTRY'S MISSION	$10,000
NOLAN CLANTON LOUISVILLE, KY	EDUCATION GRANT	$1,680
TEACHING TRUTH INTERN ROBBINSDALE, MN	TO FURTHER THE MINISTRY'S MISSION	$100
FAITH COMMUNITY CHURCH LOUISVILLE, KY	TO FURTHER THE MINISTRY'S MISSION	$8,075

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
JACK RICHARDSON IV	CEO	—	—
STEVE VISSERS	DIRECTOR	—	—
RICHARD CRAWFORD	DIRECTOR	—	—

Subject Areas

Focus areas based on grantmaking activity

Religion Related

Frequently Asked Questions

What is Renewed Hearts Foundation Inc?

Renewed Hearts Foundation Inc is a private foundation focused on Religion Related, based in LOUISVILLE, KY. It holds $49K in total assets as of 2024.

How large is Renewed Hearts Foundation Inc?

As of 2024, Renewed Hearts Foundation Inc holds $49K in total assets with $40K in annual revenue. It awarded 8 grants totaling $32K in 2024.

Where does Renewed Hearts Foundation Inc operate?

Renewed Hearts Foundation Inc has awarded grants in California, Florida, Georgia, Kentucky, Minnesota, Texas.

What size grants does Renewed Hearts Foundation Inc award?

In 2024, Renewed Hearts Foundation Inc awarded 8 grants totaling $32K — an average of about $4K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, Renewed Hearts Foundation Inc reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.