Skip to main content
Filing year 2023

THE GRACE AND MERCY FOUNDATION INC

New York, New York·EIN 20-8050779·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$34.2M
Total assets
$495.2M
Total expenses
$56.9M
Reported officers
7

Executive compensation

Form 990-PF · Part VIII · 5 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in New York.

Chief Operating Officer
Above 90th percentile
$1.3M
$1.4M
Co-chairman and Director
Unclassified
$1M
$1.1M
President
Board President
Above 90th percentile
$861k
$962k
Treasurer
Board Treasurer
Above 90th percentile
$607k
$677k
Secretary
Board Secretary
Above 90th percentile
$440k
$491k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 2 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at THE GRACE AND MERCY FOUNDATION INC equaled 2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
2%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$21.6M

Itemized grants

79

Median grant

$92k

RecipientLocationPurposeAmount
KNIGHTS OF COLUMBUS CHARITABLE FUND INCNEW HAVEN, CTCOMMUNITY$8.6M
CHRISTIAN COMMUNITY FOUNDATIONCOLORADO SPRINGS, COCOMMUNITY$3.1M
HOSANNAALBUQUERQUE, NMRELIGIOUS$750k
PRISON FELLOWSHIP INTERNATIONALWASHINGTON, DCHUMANITARIAN$600k
HOLY NAME MEDICAL CENTER FOUNDATIONTEANECK, NJCOMMUNITY$500k
INTERNATIONAL JUSTICE MISSIONARLINGTON, VAHUMANITARIAN$400k
YOUTH FOR CHRISTENGLEWOOD, COEDUCATION$400k
LUIS PALAU ASSOCIATIONPORTLAND, ORRELIGIOUS$350k
BEACON CHRISTIAN COMMUNITY HEALTH CENTERSTATEN ISLAND, NYCOMMUNITY$300k
414 WINDOW NEW YORK INCFLUSHING, NYRELIGIOUS$300k
LAUSANNE COMMITTEE FOR WORLD EVANGELIZATIONORLANDO, FLRELIGIOUS$290k
FELLOWSHIP OF CHRISTIAN ATHLETESKANSAS CITY, MOEDUCATION$275k
IN GRACE MISSIONFULLERTON, CARELIGIOUS$275k
MANHATTAN CHRISTIAN ACADEMYNEW YORK, NYEDUCATION$220k
ALLIANCE UNIVERSITYNEW YORK, NYEDUCATION$200k
NATIONAL PHILANTHROPIC TRUSTJENKINTOWN, PACOMMUNITY$200k
RISING TIDE CAPITALJERSEY CITY, NJENTREPRENEURSHIP$200k
CHRISTIAN HERALD ASSOCIATIONNEW YORK, NYHUMANITARIAN$200k
THE SALVATION ARMY GENERALNEW YORK, NYHUMANITARIAN$200k
INHERITANCE OF HOPEPISGAH FOREST, NCCOMMUNITY$185k
CITY RELIEF INCELIZABETH, NJHUMANITARIAN$175k
UNION RESCUE MISSIONLOS ANGELES, CAHUMANITARIAN$175k
MANGO FUND INCFALMOUTH, MAENTREPRENEURSHIP$150k
RESTORE NYC INCNEW YORK, NYHUMANITARIAN$150k
THEOLOGY OF WORK PROJECTJAMAICA PLAIN, MAEDUCATION$150k
Compare this foundation's grantees

This is a private foundation. Peers are foundations of similar asset size ($150M - $1B), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about THE GRACE AND MERCY FOUNDATION INC

What does the Chief Operating Officer of THE GRACE AND MERCY FOUNDATION INC earn?

In 2023, the Chief Operating Officer of THE GRACE AND MERCY FOUNDATION INC received $1,289,139 in total compensation. This pay is in the top 10% for Chief Operating Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in New York: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Operating Officer pay at THE GRACE AND MERCY FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in New York, the 2023 pay of the Chief Operating Officer at THE GRACE AND MERCY FOUNDATION INC falls in the top 10%. In 2023, the highest total compensation at THE GRACE AND MERCY FOUNDATION INC equaled 2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are THE GRACE AND MERCY FOUNDATION INC's revenue and expenses?

In 2023, THE GRACE AND MERCY FOUNDATION INC reported $34.2M in total revenue and $56.9M in total expenses on its IRS Form 990.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.

This is a private foundation. Peers are foundations of similar asset size ($150M - $1B), because foundation pay scales with assets under management, not revenue.