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The Ignite Foundation EIN 88-0845880 Form 990 (PDF) Claim this org

The Ignite Foundation

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A private foundation based in Wilmington, DE. It reported about $95K in revenue for 2025. For fiscal year 2025 it reported $95K in revenue, $324K in expenses, and $242K in net assets.Pt I

Type
Private foundation / grantmaker · Foundations & Grantmakers
Location
Wilmington, DE
Filings
4 on file (2022–2025)
Revenue
$95KFY2025
Expenses
$324K
Net assets
$242K
People
5
Filings
4
Updates
0
More identity details & actions ⌄
EIN  88-0845880 Private foundation / grantmaker Wilmington, DE
Form 990 (PDF)
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Size
<$100K
What they do
A private foundation based in Wilmington, DE. It reported about $95K in revenue for 2025.
Leadership
Christopher G Bell · Dir, Pres
Money in and out
$95K revenue, $324K expenses
Bottom line
—
Grants paid & assets · FY2025
Total revenue
$95K
Pt VIII · Ln 12
Total expenses
$324K
Pt IX · Ln 25
Net assets
$242K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$229K
Total assets
242K
deployed as grants and operations
Grants paid
284K
in FY2025
Grants made
6grants
total in period
Payout rate
118%
of assets (5% rule)

Who They Fund

Part XV · grants paid · 6 grants · $284K · 2025–2025
Pelagios Kakunja AcFY2025$135,000
Silver Stallion Bicycle & Coffee Works INCFY2025$50,000
Earth Island Institute INCFY2025$50,000
Associacao Kapy Da Etnia Marubo Tamawavo DO Alto RFY2025$20,000
Nkuringo Orphans GroupFY2025$19,500
Be Seen Foundation INCFY2025$10,000

Grantmaking Profile

Patterns in foundation giving
Average grantPart XV$47K
Median grantPart XV$50K
Largest grantPart XV$135K

Summary of the Filing

Part I · fiscal year 2025 · Form 990-PF
Revenue
$95K
FY2025▲ +104%
Expenses
$324K
FY2025▲ +23%
Total assets
$242K
FY2025▼ -49%
Total liabilities
$0
FY2025
Total revenue
$95K
Pt VIII · Ln 12
Total expenses
$324K
Pt IX · Ln 25
Net assets
$242K
Pt X · Ln 32
Total assetsPt II$242K

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CThe Ignite Foundation
EINHdr · item D88-0845880
Principal addressHdr · item CWilmington, DE
WebsiteHdr · item Jnone reported
State of legal domicileHdr · item MDE
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T22)
Ruling yearIRS BMFApr 2024

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12a—
Whistleblower policyPt VI · Ln 13—
Document retention policyPt VI · Ln 14—
CEO/top-official compensation independently reviewedPt VI · Ln 15a—
Family or business relationships among officers/directorsPt VI · Ln 2—

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Michelle J Bell
Dir, Sec, Treas
$0Pt VII · Sec A
See The Ignite Foundation executive salaries →

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Statement of Revenue

Part VIII
Investment income100%$95K
Total revenueLn 12$95K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Grants & contributions paid $0.88 Operating & administrative $0.12
Grants & contributions paid88%$284K
Operating & administrative12%$40K
Total functional expensesLn 25$324K

Balance Sheet

Part X · end of year
CashLn 1$50K
Total assetsLn 16$242K
Total liabilitiesLn 26$0
Total net assetsLn 32$242K
Months of cash on handcomputed1.8

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Payout rate
Grants paid $0 · Total assets $242K
0%
Where the money comes from
Contribution dependence
Contributions & grants — · Total revenue $95K
—
Government reliance
not reported
Earned-income share
not reported
Investment reliance
Investment income $0 · Total revenue $95K
0%
Program self-sufficiency
not reported
Growth & trend
Revenue growth (YoY)
This year $95K · Prior year $47K
+104%
Net-asset trend (YoY)
End of year $242K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $95K · Expenses $324K
-241%
Liabilities-to-Assets
Total liabilities — · Total assets $242K
—
Net-asset ratio
Net assets $242K · Total assets $242K
100%
People & payroll
Highest Reported Total Compensation
Individual Christopher G Bell · Reported title Dir, Pres · Highest reported compensation $0 · Total expenses $324K
0%
Personnel share
not reported
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Revenue growth 104%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$95K revenue · viewing · ⤓ 990 PDF
FY2024$47K revenue · ⤓ 990 PDF
FY2023$32K revenue · ⤓ 990 PDF
FY2022$918K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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