Tree of Life Foundation
Tree of Life Foundation is a private foundation, based in NEW WAVERLY, TX. IRS filing data is available from 2020 through 2022. As of 2022, the organization holds $3.8M in total assets. In 2022, it awarded 9 grants totaling $225K. Net investment income was $12K.
Financial Overview
From 2022 IRS Form 990-PF · View filing
Total Assets
$3.8M
+5.3% YoY
Annual Giving
$225K
-21.3% YoY
Grant Count
9
-18.2% YoY
Avg Grant Size
$25K
-3.8% YoY
Under IRS private-foundation payout rules, Tree of Life Foundation reported a distributable amount of $178K for 2022 — the minimum it must pay out in qualifying distributions.
About Tree of Life Foundation
Based on IRS filings
Tree of Life Foundation is a private foundation, based in NEW WAVERLY, TX. IRS filing data is available from 2020 through 2022. As of 2022, the organization holds $3.8M in total assets. In 2022, it awarded 9 grants totaling $225K. Net investment income was $12K.
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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 | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Assets | $3,793,581 | $3,603,449 | $3,828,261 |
| Revenue | $85,986 | $264,384 | $-5,471,968 |
| Expenses | $275,000 | $308,672 | $333,795 |
| Qualifying Distributions | $225,000 | $286,000 | — |
| Net Investment Income | $12,323 | $156,174 | $1,871 |
| Distributable Amount | $178,287 | $154,933 | $237,305 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2022
Grant Size Distribution
31 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2022 grants, the largest include Good Shepherd Mission ($70,000), Restore Texas Ministries ($35,000), Alpha Omega Academy ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALPHA OMEGA ACADEMY HUNTSVILLE, TX | CHARITABLE CONTRIBUTIONS | $25,000 |
| BOYS & GIRLS CLUB OF WALKER COUNTY HUNTSVILLE, TX | CHARITABLE CONTRIBUTIONS | $25,000 |
| CARE CENTER HUNTSVILLE HUNTSVILLE, TX | CHARITABLE CONTRIBUTIONS | $25,000 |
| CASA OF WALKER COUNTY HUNTSVILLE, TX | CHARITABLE CONTRIBUTIONS | $5,000 |
| FELLOWSHIP OF HUNTSVILLE CHURCH HUNTSVILLE, TX | CHARITABLE CONTRIBUTIONS | $25,000 |
| GOOD SHEPHERD MISSION HUNTSVILLE, TX | CHARITABLE CONTRIBUTIONS | $70,000 |
| MISSION VALLEY CHRISTIAN ACADEMY POLSON, MT | CHARITABLE CONTRIBUTIONS | $5,000 |
| RESTORE TEXAS MINISTRIES HUNTSVILLE, TX | CHARITABLE CONTRIBUTIONS | $35,000 |
| SAAFE HOUSE HUNTSVILLE, TX | CHARITABLE CONTRIBUTIONS | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2022 IRS filing
From 2022 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KELVIN STEELY | TRUSTEE | 1 | — |
| ROBERT A FLACK | TRUSTEE | 1 | — |
| DEANN STEELY | TRUSTEE | 1 | — |
| LAURIE FLACK | TRUSTEE | 1 | — |
Frequently Asked Questions
How large is Tree of Life Foundation?
As of 2022, Tree of Life Foundation holds $3.8M in total assets with $86K in annual revenue. It awarded 9 grants totaling $225K in 2022.
Where does Tree of Life Foundation operate?
Tree of Life Foundation has awarded grants in Montana, Texas.
What size grants does Tree of Life Foundation award?
In 2022, Tree of Life Foundation awarded 9 grants totaling $225K — an average of about $25K per grant, based on its IRS Form 990 filings.
How much is Tree of Life Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2022, Tree of Life Foundation reported a distributable amount of $178K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Tree of Life Foundation's EIN?
Tree of Life Foundation's EIN (Employer Identification Number) is 20-2368593. IRS Form 990 filing data is available on this page for 2020–2022.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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