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Filing year 2024

GRACE CHARITY FOUNDATION INC

Randolph, New Jersey·EIN 20-8080868·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$646k
Total assets
$4.6M
Total expenses
$422k
Reported officers
3

Reported officers (all unpaid)

No paid executives reported in 2024. GRACE CHARITY FOUNDATION INC reported 3 unpaid officers and board members on its 990-PF.

President
Director
Director

Grants paid

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

Total granted

$229k

Itemized grants

52

Median grant

$3k

RecipientLocationPurposeAmount
AMERICA WHEAT MISSIONTEANECK, NJRELIGIOUS MISSIONARY$20k
SEBIT CHURCHWARREN, NJRELIGIOUS$20k
KUMC OF KOINONIACENTREVILLE, VACHARITABLE$17k
AHL FOUNDATIONNEW YORK, NYCHARITABLE$16k
PRAISE KOREAN CULTURAL COMMUNITY CESOMERSET, NJCHARITABLE$13k
AWCATEANECK, NJCHARITABLE$10k
CARTER BURDEN NETWORKNEW YORK, NYCHARITABLE$10k
MORNING STAR KOREAN CULTURAL CENTERLYNNWOOD, WACHARITABLE$10k
WATERFALL ARTS FOUNDATIONNEW YORK, NYCHARITABLE$10k
WHEAT MISSION IN CHARLOTTE INCINDIAN TRAIL, NCCHARITABLE$6k
FAMILY TOUCHLEONIA, NJRELIGIOUS$5k
FTKAFPALISADES PARK, NJRELIGIOUS$5k
SET YOUTH SUMMITATLANTA, GARELIGIOUS$5k
HOPE COMMUNITY CHURCH OF NJRIDGEFIELD, NJRELIGIOUS$5k
MILAL CHURCHRANDOLPH, NJRELIGIOUS$4k
SMYH FOUNDATIONFRANKLYN LAKES, NJCHARITABLE$4k
SO MANG CHURCHRANDOLPH, NJRELIGIOUS$3k
CALIFORNIA STATE POLYTECHNIC UNIVERPOMONA, CASCHOLARSHIP$3k
DAIL COMMUNITY USADULUTH, GACHARITABLE$3k
KOTTONGNAETEMECULA, CACHARITABLE$3k
SIM USACHARLOTTE, NCCHARITABLE$3k
THE HOPEFUL PEOPLE NEW YORK INCCOLLEGE POINT, NYCHARITABLE$3k
WHITE WAVE YOUNG SOON KIM DNCBROOKLYN, NYCHARITABLE$3k
NYC KWMWNEWBURGH, NYCHARITABLE$3k
WHEAT MISSION IN ATLANTANORCROSS, GACHARITABLE$3k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

GRACE CHARITY FOUNDATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$38k
$719k
2023
$646k
$422k
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 New Jersey

GRACE CHARITY FOUNDATION INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in New Jersey earns a median of $24,000.

25th percentile
$10k
Median
$24,000
75th percentile
$63k
90th percentile
$178k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 688 organizations across 688 filings (2022 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for New Jersey
FAQ

Common questions about GRACE CHARITY FOUNDATION INC

What are GRACE CHARITY FOUNDATION INC's revenue and expenses?

In 2024, GRACE CHARITY FOUNDATION INC reported $646k in total revenue and $422k 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.