The Better Way Foundation Ltd
The Better Way Foundation Ltd is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CONNERSVILLE, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $998K in total assets. In 2024, it awarded 11 grants totaling $59K. Net investment income was $71K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$998K
+1.0% YoY
Annual Giving
$59K
+39.0% YoY
Grant Count
11
-15.4% YoY
Avg Grant Size
$5K
+64.3% YoY
Under IRS private-foundation payout rules, The Better Way Foundation Ltd reported a distributable amount of $54K for 2024 — the minimum it must pay out in qualifying distributions.
About The Better Way Foundation Ltd
Based on IRS filings
The Better Way Foundation Ltd is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CONNERSVILLE, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $998K in total assets. In 2024, it awarded 11 grants totaling $59K. Net investment income was $71K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $998,192 | $988,715 | $1,051,838 |
| Revenue | $76,572 | $27,400 | $215,894 |
| Expenses | $75,439 | $57,115 | $52,661 |
| Qualifying Distributions | $70,119 | $51,895 | $48,806 |
| Net Investment Income | $71,252 | $22,180 | $52,297 |
| Distributable Amount | $53,840 | $45,209 | $48,365 |
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
60 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Alvarez Roofing ($28,554), North Church of Christ ($14,000), Allen County History Center ($3,070).
| Recipient | Purpose | Amount |
|---|---|---|
| FORT WAYNE CHILDREN'S ZOO FORT WAYNE, IN | GRANT | $2,000 |
| FORT WAYNE PHILHARMONIC FORT WAYNE, IN | GRANT | $2,000 |
| HOPE CENTER CONNERSVILLE, IN | GRANT | $500 |
| HUMANE FORT WAYNE FORT WAYNE, IN | GRANT | $2,000 |
| NORTH CHURCH OF CHRIST FORT WAYNE, IN | GRANT | $14,000 |
| SHELTERING WINGS CENTER FOR WOMEN DANVILLE, IN | GRANT | $2,000 |
| ALLEN COUNTY HISTORY CENTER FORT WAYNE, IN | GRANT | $3,070 |
| FORT WAYNE ANIMAL CARE FORT WAYNE, IN | GRANT | $2,000 |
| FAYETTE COMMUNITY FOUNDATION CONNERSVILLE, IN | GRANT | $2,000 |
| FORT WAYNE BALLET FORT WAYNE, IN | GRANT | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JEREMY P ELDRIDGE | TRUSTEE | — | — |
| GERALD M ELDRIDGE | TRUSTEE | — | — |
| TABITHA LEWIS | TRUSTEE | — | — |
| LISA R ELDRIDGE | ASSISTANT DI | — | — |
| RALPH N ELDRIDGE | EXECUTIVE DI | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Better Way Foundation Ltd?
The Better Way Foundation Ltd is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CONNERSVILLE, IN. It holds $998K in total assets as of 2024.
How large is The Better Way Foundation Ltd?
As of 2024, The Better Way Foundation Ltd holds $998K in total assets with $77K in annual revenue. It awarded 11 grants totaling $59K in 2024.
Where does The Better Way Foundation Ltd operate?
The Better Way Foundation Ltd has awarded grants in California, Colorado, Florida, Indiana, Kentucky, Tennessee.
What size grants does The Better Way Foundation Ltd award?
In 2024, The Better Way Foundation Ltd awarded 11 grants totaling $59K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is The Better Way Foundation Ltd required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Better Way Foundation Ltd reported a distributable amount of $54K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Better Way Foundation Ltd's EIN?
The Better Way Foundation Ltd's EIN (Employer Identification Number) is 83-2287669. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Better Way Foundation Ltd's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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