NonprofitsGrace Institute Inc

Religion-Related

Grace Institute Inc

GERMANTOWN, TN

Total revenue

$708K

Total expenses

$621K

Net assets

$320K

Grants received

$683K

21 grants

EIN

461747327

Tax year

2024

Mission

To train, equip, and prepare pastors in under resourced areas of the world with theological education.

Programs

1 program

Learning conferences- The Grace Institute and ministry partners provide learning conferences to the pastors to help them understand how to better study and facilitate learning communities.

Expenses: $285KGrants: $153K

Financials

FY 2024

Revenue

Contributions & grants$704K
Program service revenue
Investment income$4K
Other revenue
Total revenue$708K

Expenses

Grants paid$307K
Salaries & benefits$201K
Fundraising$20K
Other expenses$112K
Total expenses$621K
Total assets$326K
Net assets$320K

People

4 listed

NameRoleCompensation

Will Savell

President

Board

$83K

40 hrs/wk

Blake Dickens

Secretary

Board

1 hrs/wk

Scot Sherwood

Board Member

Board

5 hrs/wk

Zack Graham

Board Member

Board

1 hrs/wk

Grants received

Showing 21 of 21

FromAmountPurposeYear
$100K
UNRESTRICTED GENERAL SUPPORT
2024
$51K
LEADERSHIP DEVELOPMENT
2024
$31K
For grant recipient's exempt purposes
2023
$58K
For grant recipient's exempt purposes
2022
$10K
UNRESTRICTED GENERAL SUPPORT
2022
$27K
For grant recipient's exempt purposes
2021
$27K
For grant recipient's exempt purposes
2021
$7K
For grant recipient's exempt purposes
2020
$7K
For grant recipient's exempt purposes
2019
$10K
TO SUPPORT ARGENTINE BIBLE SOCIETY IN PROMOTING THIRDMILL & TELEIOS TO ARGENTINE PASTORAL COUNCILS
2018
$250
GENERAL OPERATIONAL SUPPORT
2018
$250
GENERAL OPERATIONAL SUPPORT
2018
$250
GENERAL OPERATIONAL SUPPORT
2018

Funded by

$683K from 8 funders · 21 grants · 2018–2024

Mightycause Charitable Foundation

$283K · 4 grants · 2020–2024

Fidelity Investments Charitable Gift Fund

$157K · 6 grants · 2019–2023

Morgan Stanley Global Impact Funding Trust Inc

$110K · 2 grants · 2022–2024

Natl Christian Charitable Fdn Inc

$61K · 2 grants · 2023–2024

Christian Community Foundation Of

$11K · 2 grants · 2022–2023

Third Millennium Ministries Inc

$10K · 1 grant · 2018

Community Foundation

$750 · 3 grants · 2018

Details

EIN461747327
NTEE codeX20
Subsection03
Ruling date2014-07
Formed2012
Employees3
Volunteers0
GRACE INSTITUTE INC — Mission, Financials & Grants Received | Grantivo