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In His Steps Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 311512682 ✦ Independence, OH ✦ Designated as a 501(c)(3)

Overview

What is In His Steps Foundation?

In His Steps Foundation is a nonprofit organization headquartered in Independence, Ohio. Their mission encompasses encouraging and teaching Christlike stewardship that forms the basis for personal giving and estate planning. They manage a prudently invested capital, serving as a repository for distributions to ministries proclaiming the gospel of Jesus Christ and other charitable causes. The foundation employs a team of three individuals and partners with legal, financial, and estate planning professionals advocating a biblical model of stewardship. They offer planned future gifts providing tax-wise benefits to donors and participate with collaborative resources for mutual enrichment.


Official website here: www.ihsfound.org

Is In His Steps Foundation legitimate?

In His Steps Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. In His Steps Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $157,713
Professional Fundraising Fees: $0
Other Salaries and Wages: $79,966

For more financial information, click here


Official website here: www.ihsfound.org

What is the mission statement of In His Steps Foundation?

The In His Steps Foundation aims to encourage and teach Christlike stewardship, leading to personal giving and estate planning. It acts as a prudently managed repository for capital, invested to distribute funds to ministries proclaiming the Gospel of Jesus Christ and other charitable causes. The foundation helps individuals discover God's plan of stewardship for their wealth and assists in implementing it. It provides grants to carefully selected ministry organizations in northeast Ohio and offers resources for teaching biblical stewardship through various means. The foundation also partners with like-minded professionals to advocate for a biblical model of stewardship and grows investments using professional financial advisors.


Official website here: www.ihsfound.org

Who is the CEO of In His Steps Foundation?

Benjamin Lee is the President of In His Steps Foundation.


Official website here: www.ihsfound.org

What is the revenue of In His Steps Foundation?

In His Steps Foundation's revenue in 2022 was $16,754,413.


Official website here: www.ihsfound.org

Who are the executives of In His Steps Foundation and what are their salaries?

The average compensation at In His Steps Foundation during 2022 was $79,226. There are 3 employees and 6 volunteers at In His Steps Foundation.

Here are 7 key members and their salaries:

    Benjamin Lee (President)
  • Compensation: $131,625
  • Related: $0
  • Other: $26,088

    • Carolyn Beckett (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Davis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Duross (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tim Geisse (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jerry Petek (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Warner (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.ihsfound.org

    Where can I find the form 990 for In His Steps Foundation?

    The In His Steps Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.ihsfound.org

    Learn more at the official website: www.ihsfound.org

    Mission Statement of In His Steps Foundation

    In His Steps Foundation, a nonprofit organization, is dedicated to encouraging and teaching Christlike stewardship as the foundation for personal giving and estate planning. The organization serves as a prudently managed repository for capital, which is invested for the purpose of distribution to ministries proclaiming the Gospel of Jesus Christ and for other charitable causes.

    The mission of In His Steps Foundation is twofold. First, it aims to help individuals discover God's plan of stewardship for their wealth and implement that plan through the use of a low-cost public foundation. This allows families to start and use a family foundation fund for Christian philanthropy, while also assisting churches and ministries in starting and growing an endowment for their future stability.

    Second, In His Steps Foundation grows its investments using carefully selected professional financial advisors, all supervised by the Investment Committee. Annually, the organization makes grants from its general fund to carefully selected Northeast Ohio Christian ministries. In addition, the foundation offers and administers planned future gifts that provide current tax-wise benefits to donors.

    In His Steps Foundation also partners with like-minded legal, financial, and estate planning professionals to advocate a biblical model of stewardship. The organization participates with the National Center for Christian Foundations and other collaborative resources for mutual enrichment, further strengthening its commitment to its mission.

    Impact

    This information is meant to be a general summary of In His Steps Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The In His Steps Foundation's impact lies in its mission to encourage and teach Christlike stewardship, as the basis for personal giving and estate planning. It seeks to provide a prudently managed repository for capital, invested for distribution to ministries proclaiming the Gospel of Jesus Christ and other charitable purposes. The foundation helps individuals discover God's plan of stewardship for their wealth and implement that plan through a low-cost public foundation dedicated to supporting other ministries. It assists families in starting and utilizing a family foundation fund for Christian philanthropy, and supports churches and ministries in establishing and growing an endowment for their future stability. By carefully selecting professional financial advisors, the foundation grows its investments to make annual grants to selected Northeast Ohio Christian ministries. Through teaching, public meetings, private counseling, and planned future gifts, the foundation equips God's people in biblical stewardship. Additionally, it partners with like-minded professionals to advocate for a biblical model of stewardship and collaborates with resources like the National Center for Christian Foundations for mutual enrichment.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $187,129
  • Program Service Revenue: $370,622
  • Gross Receipts: $51,385,970

    • Assets and Liabilities:
  • Total Assets: $51,823,951
  • Total Liabilities: $5,400,721
  • Net Assets: $46,423,230
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    AGENCY ENDOWMENT FEE

    Revenue

    $370,622

    Organization Details

    Founding Year

    1997

    Principal Officer

    Benjamin Lee

    Main Address

    PO BOX 31750, INDEPENDENCE, OH, 44131

    NTEE Category

    Code: T700 - Philanthropy

    If you are a representative of In His Steps Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.