The Tyndale Foundation
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.
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 Foundation’s 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 Foundation’s grants totaled $76 million. But after adjusting for inflation, this equates to $170 million in today’s dollars.
Tyndale House Publishers and Tyndale House Foundation have separate boards of directors, but Mark Taylor serves as President/CEO of each corporation. The illustration above shows the interrelatedness of the two corporations.