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Filing year 2024

GRACE FOUNDATION

Excelsior, Minnesota·EIN 90-1035327·NTEE Y99 · Mutual & Membership Benefit·501(c)(3)
Total revenue
$118k
Total assets
$1.4M
Total expenses
$36k
Reported officers
3

Reported officers (all unpaid)

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

President, Director
Secretary, Treasurer, Director
Director

Grants paid

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

Total granted

$15k

Itemized grants

1

Median grant

$15k

RecipientLocationPurposeAmount
LOOKING FOR THE ONEMINNEAPOLIS, MNGENERAL$15k
Compare this foundation's grantees

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
$70k
$32k
2023
$118k
$36k
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 Mutual & Membership Benefit executives earn

GRACE FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable mutual & membership benefit organization nationwide earns a median of $26,876.

25th percentile
$5k
Median
$26,876
75th percentile
$87k
90th percentile
$209k

These are mutual & membership benefit sector-wide figures, not this organization's reported pay. Based on 1,359 organizations across 1,359 filings (2021 – 2024).

See full Mutual & Membership Benefit compensation data
FAQ

Common questions about GRACE FOUNDATION

What are GRACE FOUNDATION's revenue and expenses?

In 2024, GRACE FOUNDATION reported $118k in total revenue and $36k 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.