The Better Way Foundation Ltd
The Better Way Foundation Ltd is a private foundation, based in Connersville, IN. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $1.2M in total assets. In 2025, it awarded 6 grants totaling $92K. Net investment income was $119K.
The Better Way Foundation Ltd at a glance
In short: The Better Way Foundation Ltd gave $92K across 6 grants in 2025 (avg $15K), mostly in Florida. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $92,453
- +56.4% vs 2024
- Grants made (2025)
- 6
- -45.5% vs 2024
- Average grant
- $15,409
- +186.7% vs 2024
- Median grant
- $5,400
- Total assets
- $1,189,112
- +19.1% vs 2024
- Primary geography
- Florida (68% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who The Better Way Foundation Ltd funds
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2025
The largest 2025 recipient was Promise Pointe ($63K). Together the top 6 received $92K.
Grant Size Distribution
55 grants across all recorded years
The most common grant size was under $50K: 54 grants of 55 (98%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 6 itemized grants.
Cities
How The Better Way Foundation Ltd gives
- Giving grew 123% from 2022 to 2025. Method
- In 2025 it paid out 176% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $14K (2020) to $92K (2025). In 2025 it made 6 grants totaling $92K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Promise Pointe Tampa, FL | Assisted Living for Indigent Widow | $63,070 |
| North Church of Christ Fort Wayne, IN | Preaching of the Gospel of Jesus | $16,583 |
| 4 Paws for Ability Xenia, OH | Contribute to Service Dog Costs | $7,800 |
| Fort Wayne Philharmonic Fort Wayne, IN | GRANT | $3,000 |
| Humane Fort Wayne Fort Wayne, IN | GRANT | $1,000 |
| Fort Wayne Animal Care Fort Wayne, IN | GRANT | $1,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,189,112 | $125,243 | $103,510 | $92,453 | 6 | $97,630 | $119,363 | $55,625 |
| 2024 | $998,192 | $76,572 | $75,439 | $59,124 | 11 | $70,119 | $71,252 | $53,840 |
| 2023 | $988,715 | $27,400 | $57,115 | $42,528 | 13 | $51,895 | $22,180 | $45,209 |
| 2022 | $1,051,838 | $215,894 | $52,661 | $41,450 | 10 | $48,806 | $52,297 | $48,365 |
| 2021 | $862,096 | $95,280 | $49,333 | $47,226 | 15 | $47,226 | $93,173 | $51,804 |
| 2020 | $816,149 | $22,952 | $16,674 | $14,010 | 11 | — | $17,087 | $47,674 |
| 2019 | $895,470 | $107,388 | $32,522 | $32,200 | 4 | — | $107,366 | $42,679 |
Under IRS private-foundation payout rules, The Better Way Foundation Ltd reported a distributable amount of $56K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Better Way Foundation Ltd's 2025 filing lists 5 officers; none of the 5 officers listed in 2025 report compensation.
Officers on the 2025 filing
Gerald M. Eldridge
Trustee
On filings since 2019
No compensation reported
Jeremy P. Eldridge
Trustee
On filings since 2019
No compensation reported
Tabitha Lewis
Trustee
On filings since 2019
No compensation reported
Lisa R. Eldridge
Assistant Di
On filings since 2019
No compensation reported
Ralph N. Eldridge
Executive Di
On filings since 2019
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "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 The Better Way Foundation Ltd
How much does The Better Way Foundation Ltd give each year?
The Better Way Foundation Ltd gave $92K across 6 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $59K across 11 grants.
What is The Better Way Foundation Ltd's typical grant size?
The Better Way Foundation Ltd's median grant in 2025 was $5,400, and its average grant was $15,409, across 6 grants on its 2025 IRS Form 990-PF.
Where does The Better Way Foundation Ltd give grants?
The Better Way Foundation Ltd gives mostly in Florida: 68% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Indiana (23%) and Ohio (8%). The most frequent recipient cities were Fort Wayne, IN (4 grants).
Does The Better Way Foundation Ltd give general operating support?
Not in 2025: none of the 6 grants with a stated purpose on The Better Way Foundation Ltd's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Grant" (3 grants).
Who are The Better Way Foundation Ltd's largest grantees?
The Better Way Foundation Ltd's largest 2025 grantees include Promise Pointe ($63,070), North Church of Christ ($16,583) and 4 Paws for Ability ($7,800), according to its 2025 IRS Form 990-PF. Together they received 95% of its itemized 2025 grant dollars.
How large is The Better Way Foundation Ltd?
The Better Way Foundation Ltd reported $1.2M in total assets on its 2025 IRS Form 990-PF. It paid out $98K in qualifying distributions that year, against a required minimum of $56K (roughly 5% of its investment assets).
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 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS May 4, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work The Better Way Foundation Ltd funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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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