The Psalm 241 Foundation Inc

Private foundation · Grantmaker Columbia City, IN EIN: 26-1480049

THE PSALM 241 FOUNDATION INC is a private foundation based in Columbia City, Indiana. Its 2024 filing reports grants to charitable organizations, including organizations working in education, humanitarian aid, health care, recovery, and religious and social services.

Key facts about The Psalm 241 Foundation Inc

In short: The Psalm 241 Foundation Inc gave $185K across 30 grants in 2024 (avg $6K), mostly in Indiana. 71% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

EIN
26-1480049
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$185,000
Grants made (2024)
30
Average grant
$6,167
Median grant
$5,000
New grantees (estimate)
71% first-time grantees (20 of 28, 2024)
Total assets
$370,094
Primary geography
Indiana (71% of itemized 2024 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$370K

-9.1% YoY

Annual Giving

$185K

+150.0% YoY

Grant Count

30

+275.0% YoY

Avg Grant Size

$6K

-33.3% YoY

Under IRS private-foundation payout rules, The Psalm 241 Foundation Inc reported a distributable amount of $24K for 2024 — the minimum it must pay out in qualifying distributions.

Is The Psalm 241 Foundation Inc open to new grantees?

71%

first-time grantees, 2024

In 2024, 20 of 28 grantees (71%) were first-time recipients. First grants averaged $5K; repeat grants $12K. How we count

Medians: $4K first-time, $8K repeat.

  • 25% of 2024 grantees were also funded in 2023. Method
  • Giving grew 172% from 2021 to 2024. Method
  • In 2024 it paid out 773% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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

Mission & Focus Areas

The available information does not state a mission for the foundation. Its 2024 grants included support for organizations whose missions span several areas. Lakeland Christian Academy describes its work as providing a biblically centered educational environment. Matthew 25 says it provides free primary health care to uninsured, low-income residents in northeast Indiana and northwest Ohio. Forgotten Children Worldwide describes its work as supporting orphans and vulnerable children, while All Things New describes a faith-based residential rehabilitation program for adult women struggling with drug and alcohol dependency.

Other 2024 recipients describe work that includes humanitarian aid and global development (Food for the Hungry), distributing Christian literature (World Missionary Press), and assisting people affected by persecution (Persecution Project Foundation). These are the grantees’ descriptions of their own work, not stated focus areas of the foundation.

Grantmaking

In 2024, the foundation reported 30 grants totaling $185,000. Grants ranged from $1,000 to $28,000, with a median of $5,000. Its largest reported grants included $28,000 to Lakeland Christian Academy; $17,000 to Destiny Rescue; and $10,000 each to Rescue Mission, Water for Good, Voice of the Martyrs, Lighthouse Recovery Center, and Forgotten Children Worldwide. Other reported recipients included Right to Life North Central Indiana ($7,500), Matthew 25 ($5,000), Persecution Project Foundation ($5,000), Heartline Pregnancy Center ($5,000), and Food for the Hungry ($5,000).

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Geographic Focus

Where this funder awards grants

In 2024, 71% of grant dollars went to organizations in Indiana. Other listed recipient-state shares were Oklahoma (11%), Colorado (3%), Arizona (3%), and California (3%).

Grant Distribution by State

10states

Share of all 30 itemized 2024 grant dollars.

Cities

Fort WayneWinona LakeBartlesvilleColumbia CityColorado SpringsGarden ValleyOrlandoWarsawAlbionAtlantaBlufftonCulpeperNew ParisNilesPhoenixSanta Ana

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K$200K7 grants20207 grants20217 grants20228 grants202330 grants2024

From 2020 to 2024, annual grant giving ranged from $50K (2020) to $185K (2024). In 2024 it made 30 grants totaling $185K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Lakeland Christian Academy: $28KLakeland Christian Academy$28KRescue Mission: $20K across 2 grantsRescue Mission$20K · 2 grantsVoice of the Martyrs: $20K across 2 grantsVoice of the Martyrs$20K · 2 grantsDestiny Rescue: $17KDestiny Rescue$17KWater for Good: $10KWater for Good$10KLighthouse Recovery Center: $10KLighthouse Recovery Center$10KForgotten Children Worldwide: $10KForgotten Children Worldwide$10KRight to Life North Central Indiana: $8KRight to Life North CentralIndiana$8KMatthew 25: $5KMatthew 25$5KWellspring Interfaith Social Services: $5KWellspring Interfaith SocialServices$5K

The largest 2024 recipient was Lakeland Christian Academy ($28K). Together the top 10 received $133K.

Grant Size Distribution

59 grants across all recorded years

59<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 59 grants of 59 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Lakeland Christian Academy Winona Lake, INOperating Support$28,000
Destiny Rescue Fort Wayne, INOperating Support$17,000
Rescue Mission Fort Wayne, INOperating Assistance$10,000
Water for Good Winona Lake, INOperating Support$10,000
Voice of the Martyrs Bartlesville, OKOperating Support$10,000
Lighthouse Recovery Center Fort Wayne, INOperating Support$10,000
Forgotten Children Worldwide Bluffton, INOperating Support$10,000
Rescue Mission Fort Wayne, INOperating Support$10,000
Voice of the Martyrs Bartlesville, OKOperating Support$10,000
Right to Life North Central Indiana Warsaw, INOperating Support$7,500

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grant total Grant count
2024 $370,094 $150,148 $187,415 $185,000 30
2023 $407,359 $36,204 $77,513 $74,000 8
2022 $448,661 $18,998 $76,478 $71,000 7
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K20202021202220232024
Metric202420232022
Total Assets$370,094$407,359$448,661
Revenue$150,148$36,204$18,998
Expenses$187,415$77,513$76,478
Qualifying Distributions$185,000$74,511$71,646
Net Investment Income$141,598$16,504$15,066
Distributable Amount$23,938$22,137$23,545

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Gary E Rohrs as president, Euneice Rohrs as secretary/treasurer, and Jennifer Wilson as director.

The Psalm 241 Foundation Inc is led by Gary E. Rohrs, President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Gary E. Rohrs

    President

    On filings since 2020

    1 hr/week

    No compensation reported

  • Jennifer Wilson

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Euneice Rohrs

    Secretary & Treasurer

    On filings since 2021

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Contact

Mailing address: 1803 E Linker Road, Columbia City, IN 46725
Phone: (260) 432-2233

Frequently asked questions about The Psalm 241 Foundation Inc

How much does The Psalm 241 Foundation Inc give each year?

The Psalm 241 Foundation Inc gave $185K across 30 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $74K across 8 grants.

What is The Psalm 241 Foundation Inc's typical grant size?

The Psalm 241 Foundation Inc's median grant in 2024 was $5,000, and its average grant was $6,167, across 30 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from The Psalm 241 Foundation Inc that year got $5K on average.

Where does The Psalm 241 Foundation Inc give grants?

The Psalm 241 Foundation Inc gives mostly in Indiana: 71% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Oklahoma (11%). The most frequent recipient cities were Fort Wayne, IN (8 grants), Winona Lake, IN (3 grants), Bartlesville, OK (2 grants) and Warsaw, IN (2 grants).

Does The Psalm 241 Foundation Inc give general operating support?

Yes: 100% of The Psalm 241 Foundation Inc's 2024 grants with a stated purpose (30 of 30) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are The Psalm 241 Foundation Inc's largest grantees?

The Psalm 241 Foundation Inc's largest 2024 grantees include Lakeland Christian Academy ($28,000), Rescue Mission ($20,000 across 2 grants) and Voice of the Martyrs ($20,000 across 2 grants), according to its 2024 IRS Form 990-PF. Together they received 37% of its itemized 2024 grant dollars.

How large is The Psalm 241 Foundation Inc?

The Psalm 241 Foundation Inc reported $370K in total assets on its 2024 IRS Form 990-PF. It paid out $185K in qualifying distributions that year, against a required minimum of $24K (roughly 5% of its investment assets).

What does The Psalm 241 Foundation Inc fund?

The available information does not state a mission for the foundation. Its 2024 grants included support for organizations whose missions span several areas. Lakeland Christian Academy describes its work as providing a biblically centered educational environment. See mission & focus areas ↑

How do I apply for a grant from The Psalm 241 Foundation Inc?

The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is The Psalm 241 Foundation Inc's EIN?

The Psalm 241 Foundation Inc's EIN (Employer Identification Number) is 26-1480049. IRS Form 990 filing data is available on this page for 2020–2024.

Does The Psalm 241 Foundation Inc accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

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