Description
Tyndale House Foundation is the non-profit arm of the larger Tyndale enterprise. Its purpose is to minister to the spiritual needs of people, primarily through grants to other Christian charities. Tyndale House Foundation grew out of an underlying conviction that every person should have the opportunity to be confronted by the reality of the love of God as revealed in Jesus Christ. This conviction provides the impetus behind the Foundations basic purpose: To minister to the spiritual needs of people, primarily through literature consistent with biblical principles. To fulfill this basic purpose, the Foundation seeks to achieve two central and interrelated goals in all of the programs in which it involves itself. (1) To provide tools so that people around the world can hear and understand the message of Gods love and His plan for reconciliation with humanity. (2) To provide education and training in the creation and use of these tools.
History
The Foundation was established by Kenneth and Margaret Taylor in 1963, just a year after they had founded Tyndale House Publishers. It was the fulfillment of a goal Ken Taylor had first expressed a decade earlier – to establish a charitable fund that could make grants to support Christian work around the world. The Foundation was initially funded by royalties from Living Letters (1962) and The Living Bible (1971). Now it receives the royalties from the Holy Bible, New Living Translation (1996). In 2001 Ken and Margaret Taylor transferred ownership of Tyndale House Publishers to the Foundation. As a result, the dividends from the profitable operations of the publishing company also now flow to the Foundation. Over the years, the Foundation has made thousands of grants to support Christian work across a wide variety of categories. Traditionally, the Foundations primary focus has been Christian literature work, including new translations of the Bible in languages around the world. But the Foundation also makes grants in areas as diverse as Christian higher education, evangelism, disaster relief, and Christian social services. From 1963 to 2012, the Foundations grants totaled $76 million. But after adjusting for inflation, this equates to $170 million in todays dollars.
Financial Status
Legal Name
Tyndale House FoundationTax ID
3625555162014 Revenue
$6,547,215.00
2013 Revenue
$5,285,782.00
2012 Revenue
$4,771,677.00
2011 Revenue
$5,169,190.00
2010 Revenue
$4,262,343.00
2009 Revenue
$3,682,561.00
2008 Revenue
$4,466,774.00
2007 Revenue
$7,326,994.00
2006 Revenue
$5,983,686.00
2014 Net Assets
$68,444,963.00
2013 Net Assets
$67,278,315.00
2012 Net Assets
$67,894,736.00
2011 Net Assets
$67,377,226.00
2010 Net Assets
$71,207,771.00
2009 Net Assets
$58,458,526.00
2008 Net Assets
$72,726,813.00
2007 Net Assets
$79,166,471.00
2006 Net Assets
$79,876,089.00