The Love Tank Foundation

VICKSBURG, MS EIN: 46-4339770

The Love Tank Foundation is a private foundation, based in VICKSBURG, MS. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $351K in total assets. In 2024, it awarded 11 grants totaling $18K. Net investment income was $18K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$351K

+2.2% YoY

Annual Giving

$18K

-20.5% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$2K

-20.5% YoY

Under IRS private-foundation payout rules, The Love Tank Foundation reported a distributable amount of $18K for 2024 — the minimum it must pay out in qualifying distributions.

About The Love Tank Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Mississippi $92K (96%)

Colorado $4K (4%)

States

Colorado Mississippi

Cities

CentennialMadisonRaymondRedwoodStarkvilleVicksburgWiggins

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$350,921	$343,425	$356,210
Revenue	$17,780	$11,104	$6,447
Expenses	$18,381	$22,795	$20,681
Qualifying Distributions	$17,500	$22,000	$20,000
Net Investment Income	$17,780	$11,104	$6,447
Distributable Amount	$18,309	$18,423	$19,962

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

45 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Vicksburg Warren Humane Society ($5,000), Galilee Baptist Church ($2,000), Rainbow Farms Riding Center ($2,000).

Recipient	Purpose	Amount
CENTER FOR PREGNANCY CHOICES VICKSBURG, MS	MINISTRY	$500
FIRST PRESBYTERIAN MEALS ON WHEELS VICKSBURG, MS	ANIMAL PROTECTION AND WELFARE	$1,000
HAVEN HOUSE FAMILY SHELTER VICKSBURG, MS	MINISTRY	$1,000
JACOBS LADDER VICKSBURG, MS	MINISTRY	$1,000
GALILEE BAPTIST CHURCH RAYMOND, MS	MINISTRY	$2,000
TRIUMPH CHURCH FOOD PANTRY VICKSBURG, MS	MINISTRY	$1,000
RAINBOW FARMS RIDING CENTER VICKSBURG, MS	ANIMAL PROTECTION AND WELFARE	$2,000
WARRIOR BONFIRE CENTENNIAL, CO	MINISTRY	$1,000
STONE COUNTY SPCA WIGGINS, MS	ANIMAL PROTECTION AND WELFARE	$2,000
VICKSBURG WARREN HUMANE SOCIETY VICKSBURG, MS	ANIMAL PROTECTION AND WELFARE	$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
ELLEN FOSTER	CO-TRUSTEE	—	—

Frequently Asked Questions

How large is The Love Tank Foundation?

As of 2024, The Love Tank Foundation holds $351K in total assets with $18K in annual revenue. It awarded 11 grants totaling $18K in 2024.

Where does The Love Tank Foundation operate?

The Love Tank Foundation has awarded grants in Colorado, Mississippi.

What size grants does The Love Tank Foundation award?

In 2024, The Love Tank Foundation awarded 11 grants totaling $18K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is The Love Tank Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Love Tank Foundation reported a distributable amount of $18K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.