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Filing year 2024

GRACE FOUNDATION

Huntsville, Texas·EIN 26-0225881·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$51k
Total assets
$14k
Total expenses
$54k
Reported officers
2

Reported officers (all unpaid)

No paid executives reported in 2024. GRACE FOUNDATION reported 2 unpaid officers and board members on its 990-PF.

Trustee
Trustee

Grants paid

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

Total granted

$54k

Itemized grants

7

Median grant

$8k

RecipientLocationPurposeAmount
ROUND ROCK CHRISTIANROUND ROCK, TXCHARITY$16k
FELLOWSHIP OF HUNTSVILLE CHURCHHUNTSVILLE, TXCHARITY$12k
NEW COVENANT CHRISTIANHARDIN, KYCHARITY$10k
MISCELLANEOUS OTHERHUNTSVILLE, TXCHARITY$8k
PRETERIST RESEARCH INSTITUTEARDMORE, OKCHARITY$5k
CAMPUS OUTREACHBIRMINGHAM, ALCHARITY$3k
CARE CENTER OF SE TEXASHUNTSVILLE, TXCHARITY$0

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Financial trend

Revenue and expenses over time

GRACE FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$59k
$64k
2023
$51k
$54k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Texas

GRACE FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Texas earns a median of $14,224.

25th percentile
$5k
Median
$14,224
75th percentile
$43k
90th percentile
$112k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 4,499 organizations across 4,499 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Texas
FAQ

Common questions about GRACE FOUNDATION

What are GRACE FOUNDATION's revenue and expenses?

In 2024, GRACE FOUNDATION reported $51k in total revenue and $54k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.