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Filing year 2024

Eight Torches Foundation

Wilmington, Delaware·EIN 82-3337600·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$3.3M
Total assets
$3.7M
Total expenses
$2.7M
Reported officers
2

Reported officers (all unpaid)

No paid executives reported in 2024. Eight Torches Foundation reported 2 unpaid officers and board members on its 990-PF.

VP
Dir, Pres, Sec, Treas

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$2.6M

Itemized grants

12

Median grant

$48k

RecipientLocationPurposeAmount
THE NAVIGATORSCOLORADO SPRINGS, COGeneral & Unrestricted$1.3M
LAUSANNE COMMITTEE FOR WORLD EVANGELIZATIONORLANDO, FLGeneral & Unrestricted$500k
WHEELER MISSION MINISTRIES INCINDIANAPOLIS, INGeneral & Unrestricted$333k
CHRISTIAN HERALD ASSN INCNEW YORK, NYGeneral & Unrestricted$150k
PULSE OUTREACHMINNEAPOLIS, MNGeneral & Unrestricted$100k
SALTEXCHANGE INCBROOKLYN, NYGeneral & Unrestricted$50k
RE SOURCE GLOBALCHICAGO, ILGeneral & Unrestricted$45k
VAIL BIBLE CHURCHAVON, COGeneral & Unrestricted$40k
BASEBALL CHAPEL INCMORROW, OHGeneral & Unrestricted$30k
CITY CHURCH FOR ALL NATIONS INCBLOOMINGTON, IN"Heart of the House" ministry$20k
CITY CHURCH FOR ALL NATIONS INCBLOOMINGTON, INGeneral & Unrestricted$20k
ASCEND VAIL INCEDWARDS, COGeneral & Unrestricted$12k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

Eight Torches Foundation reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.4M
$1.3M
2023
$3.3M
$2.7M
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Delaware

Eight Torches Foundation reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Delaware earns a median of $18,000.

25th percentile
$6k
Median
$18,000
75th percentile
$58k
90th percentile
$137k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 447 organizations across 447 filings (2022 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Delaware
FAQ

Common questions about Eight Torches Foundation

What are Eight Torches Foundation's revenue and expenses?

In 2024, Eight Torches Foundation reported $3.3M in total revenue and $2.7M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.