Funder DirectoryTHE FRANK AND MARGARET RACE
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Private foundation (trust)EIN 420925360Est. 1967-01

THE FRANK AND MARGARET RACE

CEDAR RAPIDS, IA 52401

Total Assets

$3.1M

FY 2024

Annual Giving

$60K

FY 2024

Grants Made

7

FY 2024

Avg Grant

$9K

FY 2024

Grant Range

$4K–$12K

Typical

Deadlines

Applications

Financial Snapshot

2024 filing

Total Revenue

$275K

Total Expenses

$98K

Qualifying Distributions

$63K

Distributable Amount

$138K

Min. Investment Return

$142K

Undistributed Income

$138K

Payout rate 46%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.46%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

7 grants

Grant sizes from minimum $4K through median $8K to maximum $12K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

6 years

Giving over time from 2018 to 2024. Peak $122K in 2021. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

75 grants

YWAM
$91K
6 grants
PIONEER BIBLE TRANSLATORS
$72K
6 grants
ALL NATIONS FAMILY
$67K
6 grants
HARVESTERS
$28K
5 grants
SAMARITAN'S PURSE
$26K
3 grants
HIS HANDS
$24K
5 grants
STANDING STONE MINISTRY
$23K
3 grants
INTERVARSITY CHRISTIAN FELLOWSHIP
$23K
3 grants

Grant Size Distribution

75 grants

<$10K
60
grants
$10–50K
15
grants
$50–250K
$250K–1M
$1–5M
$5M+

Geographic Focus

12 states

Texas
$128K
25% of total
Kansas
$77K
15% of total
Missouri
$67K
13% of total
Florida
$65K
13% of total
Iowa
$47K
9% of total
North Carolina
$32K
6% of total
California
$27K
5% of total
Wisconsin
$23K
4% of total
Illinois
$21K
4% of total
Colorado
$19K
4% of total

+2 more states

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THE FRANK AND MARGARET RACE — Grants, Financials & Contact | Grantivo