NonprofitsGrace Foundation

Philanthropy, Voluntarism & Grantmaking Foundations

Grace Foundation

THE WOODLANDS, TX

Total revenue

$1.6M

Total expenses

$1.9M

Net assets

$2.2M

Grants received

$950K

3 grants

EIN

364793159

Tax year

2023

Mission

The mission of the grace foundation is to financially support the ministry of grace school of theology in order to realize its vision- to develop spiritual leaders in every nation who can teach others about the love of christ, a love that cannot be earned and cannot be lost.

Financials

FY 2023

Revenue

Contributions & grants$1.5M
Program service revenue
Investment income$84K
Other revenue
Total revenue$1.6M

Expenses

Grants paid$1.9M
Salaries & benefits
Fundraising
Other expenses$21K
Total expenses$1.9M
Total assets$2.9M
Net assets$2.2M

People

7 listed

NameRoleCompensation

MARK ALBERS

TRUSTEE

Board

1 hrs/wk

JOHN ALLISON

TRUSTEE

Board

1 hrs/wk

DAVID ANDERSON

TRUSTEE

Board

1 hrs/wk

TOM GARDNER

TRUSTEE

Board

1 hrs/wk

SCOTT MCEWEN

TRUSTEE

Board

1 hrs/wk

JOHN ROMAIN

PRESIDENT

Board

1 hrs/wk

ROBERT KING

COO AS OF 20

Board

1 hrs/wk

Grants received

Showing 3 of 3

FromAmountPurposeYear
$100K
Faith Based Ministries
2021
$250K
philanthropy
2020

Funded by

$950K from 1 funder · 3 grants · 2018–2021

Permian Basin Area Foundation

$950K · 3 grants · 2018–2021

Details

EIN364793159
NTEE codeT11
Subsection03
Ruling date2014-12
Formed2014
Employees0
GRACE FOUNDATION — Mission, Financials & Grants Received | Grantivo