Rhema Life Foundation Inc

GRAPEVINE, TX EIN: 75-2820139 Website

Rhema Life Foundation Inc is a private foundation based in Grapevine, Texas, established in 1999. The foundation operates as a 501(c)(3) organization and focuses on outreach funding.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$16.7M

+12.8% YoY

Annual Giving

$1.0M

-62.5% YoY

Grant Count

-14.7% YoY

Avg Grant Size

$36K

-56.1% YoY

Under IRS private-foundation payout rules, Rhema Life Foundation Inc reported a distributable amount of $895K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation primarily funds outreach initiatives. Recent grantees indicate a focus on Christian and humanitarian organizations.

Grantmaking

The foundation does not accept unsolicited applications. Grantmaking is by invitation only.

Grant Range

$37,000

Average Grant

amount: $148,300

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Geographic Focus

Where this funder awards grants

The foundation is based in Texas and operates nationally, with no specific geographic restrictions indicated in available materials.

Grant Distribution by State

Texas $3.1M (29%)

Virginia $3.1M (29%)

North Carolina $2.5M (24%)

Colorado $915K (9%)

Mississippi $310K (3%)

California $208K (2%)

Oklahoma $115K (1%)

Tennessee $100K (1%)

+6 more states

States

California Colorado Florida Kansas Minnesota Missouri Mississippi North Carolina Ohio Oklahoma Tennessee Texas Virginia Washington

Cities

AledoAnaheimArlingtonBonhamBooneColorado SpringsColumbiaDallasDenverDuncanvilleEulessFlower MoundFort WorthGahannaGrand PrairieGrapevineHamptonHoustonMccombMinneapolis

Financial History

Multi-year comparison from IRS filings

As of 2023:

Total assets: $14.8 million
Total giving: $2.8 million
Total revenues: $7.75 million
Total expenses: $2.9 million
Giving rate: 18.9% of assets

Revenue Composition (2023):

Grants and contributions: $4.95 million
Investment income and dividends: $333,473
Net gain from sale of non-inventory assets: $2.46 million

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$16,659,658	$14,769,439	$9,894,743
Revenue	$3,182,921	$7,750,211	$14,844,209
Expenses	$1,267,969	$2,900,084	$4,082,735
Qualifying Distributions	$1,044,000	$2,787,536	$4,010,284
Net Investment Income	$1,029,201	$2,771,152	$191,121
Distributable Amount	$895,094	$628,746	$353,242

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

115 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Youth With a Mission ($204,000), Christ for the Nations ($100,000), Internation Outreach Ministries ($60,000).

Recipient	Purpose	Amount
PRAGER UNIVERSITY FOUNDATION SHERMAN OAKS, CA	OUTREACH	$24,000
IVOTER GUIDE DALLAS, TX	GENERAL SUPPORT	$24,000
CRU FOUNDATION ORLANDO, FL	OUTREACH	$8,100
THE ROEVER FOUNDATION FORT WORTH, TX	GENERAL SUPPORT	$16,000
CHRIST FOR THE NATIONS DALLAS, TX	OUTREACH	$100,000
INTERNATION OUTREACH MINISTRIES MCCOMB, MS	OUTREACH	$60,000
YOUTH WITH A MISSION COLORADO SPRINGS, CO	OUTREACH	$204,000
FIRST CHURCH EULESS, TX	OUTREACH	$12,000
WEARS VALLEY RANCH SEVIERVILLE, TN	GENERAL SUPPORT	$60,000
CHURCH AT THE CROSS GRAPEVINE, TX	OUTREACH	$60,000

Leadership & Key People

Leadership team and compensation from IRS filings

William R Kruse — President
Deborah L Kruse — Secretary
William T Kruse — Director

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
WILLIAM R KRUSE	PRESIDENT	—	—
DEBORAH L KRUSE	SECRETARY	—	—
WILLIAM T KRUSE	DIRECTOR	—	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What does Rhema Life Foundation Inc fund?

The foundation primarily funds outreach initiatives. Recent grantees indicate a focus on Christian and humanitarian organizations.

How do I apply for a grant from Rhema Life Foundation Inc?

**Grant Activity:** • Annual giving: approximately $2.8 million • Number of grants: 34 grants annually (2023 data) • Median grant size: $37,000 • Grant range: $2,000 to $800,000 • Average grant amount: $148,300 **Recent Grants (2023):** • Samaritan's Purse: $800,000 • Christ for the Nations: $325,000 • Men and Ladies of Honor: $166,000 **Application Policy:** The foundation does not accept unsolicited applications. Grantmaking is by invitation only.

Where does Rhema Life Foundation Inc make grants?

The foundation is based in Texas and operates nationally, with no specific geographic restrictions indicated in available materials.

What size grants does Rhema Life Foundation Inc award?

In 2024, Rhema Life Foundation Inc awarded 29 grants totaling $1.0M — an average of about $36K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, Rhema Life Foundation Inc reported a distributable amount of $895K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.