NonprofitsGrace Institute

Grace Institute

NEW YORK, NY

Total revenue

$1.6M

Total expenses

$3.2M

Net assets

$41.9M

Grants received

$4.6M

84 grants

EIN

131641069

Tax year

2024

Mission

Provide financial support to job training programs that enable women to achieve employment.

Financials

FY 2024

Revenue

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

Expenses

Grants paid$1.5M
Salaries & benefits$282K
Fundraising
Other expenses$1.5M
Total expenses$3.2M
Total assets$45.7M
Net assets$41.9M

People

8 listed

NameRoleCompensation

PATRICK P GRACE

PRESIDENT & CHIEF EXECUTIVE OFFICER

Board

$239K

40 hrs/wk

PATRICIA MONTGOMERIE

SECRETARY & TREASURER

Board

5 hrs/wk

PEDRO F MATA

CHAIRMAN

Board

2 hrs/wk

REV DR PATRICK DEVINE

SMA

Board

2 hrs/wk

MARGARET GRACE

DIRECTOR

Board

2 hrs/wk

MARY TIDLUND

DIRECTOR

Board

2 hrs/wk

ELISE M GRACE

DIRECTOR

Board

2 hrs/wk

RUSSELL MONTGOMERIE

DIRECTOR

Board

2 hrs/wk

Independent contractors

VINCENT L POMERANZ

MANAGE INVESTMENT AND FINANCIALS

$146K

Grants received

Showing 84 of 84

FromAmountPurposeYear
$100K
General & Unrestricted
2024
$50K
FOR WORKFORCE DEVELOPMENT/JOB TRAINING PURPOSES
2024
$50K
GENERAL OPERATING
2024
$3K
GENERAL PURPOSE
2024
$100K
General & Unrestricted
2023
$50K
FOR WORKFORCE DEVELOPMENT / JOB TRAINING PURPOSES
2023
$25K
TO AID THE DONEE ORGANIZATION IN CARRYING OUT ITS EXEMPT FUNCTIONS.
2023
$25K
GENERAL OPERATING
2023
$10K
TRUSTEE GRANT - GENERAL OPERATING SUPPORT
2023
$10K
President's Discretionary
2023
$7K
CHARITABLE DONATION
2023
$5K
GENERAL OPERATING PURPOSES
2023
$2K
TO FURTHER RECIPIENTS'PUBLICLY STATED OBJECTIVES
2023
$75K
GENERAL OPERATING
2022
$50K
FOR WORKFORCE DEVELOPMENT / JOB TRAINING PURPOSES
2022
$50K
Reimagining job placement, retention support and alumnae support in a post-covid economy
2022
$25K
TO AID THE DONEE ORGANIZATION IN CARRYING OUT ITS EXEMPT FUNCTIONS.
2022
$15K
GENERAL OPERATING SUPPORT
2022
$11K
GENERAL SUPPORT
2022
$10K
STAFF OR TRUSTEE GRANT - GENERAL OPERATING SUPPORT
2022
$5K
GENERAL SUPPORT
2022
$3K
GENERAL OPERATING PURPOSES
2022
$103K
For grant recipient's exempt purposes
2021
$103K
For grant recipient's exempt purposes
2021
$3K
GENERAL OPERATING PURPOSES
2021
$1K
EMPLOYEE MATCHING PROGRAM - FURTHER 501(C)(3) CHARITABLE PURPOSE
2021
$102K
For grant recipient's exempt purposes
2020
$100K
CHARITABLE PURPOSES
2020
$100K
Career Readiness
2020
$75K
FOR WORKFORCE DEVELOPMENT / JOB TRAINING PURPOSES
2020
$50K
GENERAL OPERATING
2020
$10K
GENERAL SUPPORT
2020
$10K
GENERAL SUPPORT
2020
$5K
CHARITY
2020
$5K
GENERAL OPERATING PURPOSES
2020
$1K
GENERAL SUPPORT
2020
$1K
GENERAL SUPPORT
2020
$250
Charitable Event
2020
$104K
For grant recipient's exempt purposes
2019
$118K
For grant recipient's exempt purposes
2018
$25K
TO AID THE DONEE ORGANIZATION IN CARRYING OUT ITS EXEMPT FUNCTIONS.
2018
$13K
GENERAL SUPPORT
2018
$10K
TRUSTEE GRANT - GENERAL OPERATING SUPPORT
2018
$3K
CHARITABLE
2018
$3K
CHARITABLE CONTRIBUTION
2018
$2K
GENERAL SUPPORT
2018
$103K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017

Funded by

$4.6M from 32 funders · 84 grants · 2017–2024

Santa Maria Foundation Inc

$2.2M · 6 grants · 2020–2021

Fidelity Investments Charitable Gift Fund

$633K · 6 grants · 2017–2021

The Francine A LeFrak Foundation Inc

$250K · 4 grants · 2020–2024

The Lawrence Foundation

$225K · 4 grants · 2020–2024

Donor Advised Charitable Giving Inc

$208K · 6 grants · 2018–2023

Sarita Kenedy East Foundation Inc

$200K · 4 grants · 2020–2024

The Ira Decamp Foundation Xxxxx2009

$160K · 2 grants · 2022–2023

The John J Mcdonnell Margaret T

$125K · 5 grants · 2018–2023

Details

EIN131641069
Subsection03
Ruling date1946-03
Formed1897
Employees1
Volunteers7
GRACE INSTITUTE — Mission, Financials & Grants Received | Grantivo