Better Life Foundation
JACKSON, MS EIN: 64-0811138
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$740K
+147.4% YoY
Annual Giving
$35K
+37.3% YoY
Grant Count
4
+0.0% YoY
Avg Grant Size
$9K
+37.3% YoY
Go deeper than public filings
PRO- Giving trend analysis — growing or declining?
- Organizations like yours that won grants here
- Strategic fit assessment for your organization
- Application timing recommendations
Financial History
Multi-year comparison from IRS filings
Revenue
Expenses
Qualifying Distributions
Net Investment Income
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $740,052 | $299,127 | $301,856 |
| Revenue | $302,113 | $28,380 | $28,804 |
| Expenses | $48,388 | $31,109 | $30,469 |
| Qualifying Distributions | $35,000 | $25,500 | $25,000 |
| Net Investment Income | $291,628 | $24,884 | $24,659 |
| Distributable Amount | $29,397 | $20,237 | $23,733 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
13 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Better Life Foundation fund?
Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.
- Similar orgs that won grants here
- GrantGraph™ relationship mapping
- 11M+ connections in GrantGraph™
Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| VAUGHAN W MCRAE | PRESIDENT | — | — |
| NORA FRANCES MCRAE | DIRECTOR | — | — |
| DOUGLAS VAUGHAN MCRAE | DIRECTOR | — | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
Mississippi $71K (61%)
Kentucky $25K (22%)
Tennessee $20K (17%)
States
Cities
JacksonLouisvilleRidgelandSewanee
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
What could you do with Better Life Foundation on Grantable?
- Assess strategic fit with your organization
- Get AI-generated opportunity briefs
- Monitor for new funding opportunities
- Draft a tailored letter of inquiry