Funder DirectoryTHE PSALM 241 FOUNDATION INC
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Private foundation (trust)EIN 261480049Est. 2008-03

THE PSALM 241 FOUNDATION INC

COLUMBIA CITY, IN 46725

Total Assets

$683K

FY 2024

Annual Giving

$185K

FY 2024

Grants Made

30

FY 2024

Avg Grant

$6K

FY 2024

Grant Range

$1K–$28K

Typical

Deadlines

Applications

Focus Areas

Private Grantmaking Foundations

Financial Snapshot

2024 filing

Total Revenue

$150K

Total Expenses

$187K

Qualifying Distributions

$185K

Distributable Amount

$24K

Min. Investment Return

$26K

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

30 grants

Grant sizes from minimum $1K through median $5K to maximum $28K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

4 years

Giving over time from 2020 to 2024. Peak $185K in 2024. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

52 grants

VOICE OF THE MARTYRS
$57K
5 grants
RESCUE MISSION
$50K
5 grants
LOVE CHURCH OF FORT WAYNE INC
$50K
2 grants
WATER FOR GOOD
$40K
4 grants
LAKELAND CHRISTIAN ACADEMY
$35K
2 grants
MATTHEW 25
$20K
4 grants
DESTINY RESCUE
$17K
1 grant
SALVATION ARMY
$11K
4 grants

Grant Size Distribution

52 grants

<$10K
46
grants
$10–50K
6
grants
$50–250K
$250K–1M
$1–5M
$5M+

Geographic Focus

10 states

Indiana
$285K
75% of total
Oklahoma
$57K
15% of total
Texas
$8K
2% of total
Colorado
$6K
2% of total
Virginia
$5K
1% of total
Georgia
$5K
1% of total
California
$5K
1% of total
Arizona
$5K
1% of total
Florida
$3K
1% of total
Michigan
$1K
0% of total

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THE PSALM 241 FOUNDATION INC — Grants, Financials & Contact | Grantivo