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Gifts And Grace Inc. is a private corporation based in TRUSSVILLE, AL. The foundation received its IRS ruling in 2007. It holds total assets of $1.7M. Annual income is reported at $666K. The foundation is governed by 4 officers and trustees. Please note, the foundation is not involved in any direct charitable activities. Its primary purpose is to support other organizations exempt under internal revenue code. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2023. The foundation primarily funds organizations in Alabama and Florida. According to available records, Gifts And Grace Inc. has made 53 grants totaling $370K, with a median grant of $3K. Annual giving has decreased from $103K in 2020 to $71K in 2023. Grantmaking activity was highest in 2022 with $196K distributed across 24 grants. Individual grants have ranged from $1K to $65K, with an average award of $7K. The foundation has supported 18 unique organizations. Grants have been distributed to organizations in Alabama and Florida and Texas. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$2K
Average Grant
$6K
Largest Grant
$40K
Based on 17 grants from the most recent 990-PF filing.
Please note, the foundation is not involved in any direct charitable activities. Its primary purpose is to support other organizations exempt under internal revenue code
Section 501(c)(3).
Please note, the foundation is not involved in any direct charitable activities. Its primary purpose is to support other organizations exempt under internal revenue code. Based on available records, the foundation has funded 53 grants. Its grantmaking reaches organizations primarily in AL, FL, TX.
Gifts And Grace Inc. has distributed a total of $370K across 53 grants. The median grant size is $3K, with an average of $7K. Individual grants have ranged from $1K to $65K.
Gifts And Grace Inc. typically selects its grantees rather than accepting unsolicited proposals.
Gifts And Grace Inc. is headquartered in TRUSSVILLE, AL. While based in AL, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Charles K Mcpherson Jr | VICE PRESIDENT | $0 | $0 | N/A |
| Charles K Mcpherson Sr | PRESIDENT/SEC./TREAS. | $0 | $0 | N/A |
| Debbie Clowdus | DIRECTOR | $0 | $0 | N/A |
| John T Mcpherson | VICE PRESIDENT | $0 | $0 | N/A |
Total Giving
$84K
Total Assets
$1.7M
Fair Market Value
$1.8M
Net Worth
$1.7M
Grants Paid
$71K
Contributions
N/A
Net Investment Income
$58K
Distribution Amount
$83K
Total: $1.6M
Total Grants
53
Total Giving
$370K
Average Grant
$7K
Median Grant
$3K
Unique Recipients
18
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Greater Birmingham Humane SocietyTO PROMOTE THE HUMANE TREATMENT OF PEOPLE AND ANIMALS THROUGH EDUCATION, ADVOCACY AND SERVICES. | Birmingham, AL | $33K | 2023 |
| Vestavia Hills United Methodist ChurchTO SUPPORT THE GENERAL OPERATIONS OF THE CONGREGATION | Birmingham, AL | $10K | 2023 |
| Children'S Hospital Of AlabamaTO SUPPORT THE ACTIVITIES AND MISSION OF THE CHILDREN'S HOSPITAL OF ALABAMA (CHA) | Birmingham, AL | $5K | 2023 |
| Boy Scouts Of AmericaTO PREPARE YOUNG PEOPLE TO MAKE ETHICAL AND MORAL CHOICES OVER THEIR LIFETIMES BY INSTILLING IN THEM THE VALUES OF THE SCOUT OATH AND LAW | Birmingham, AL | $5K | 2023 |
| Cahaba River SocietyTO RESTORE AND PROTECT THE CAHABA RIVER WATERSHED AND IT RICH DIVERSITY OF LIFE | Birmingham, AL | $4K | 2023 |
| The Chapel At SeasideTO SUPPORT THE GENERAL OPERATIONS OF THE CONGREGATION | Santa Rosa, FL | $3K | 2023 |
| Wounded Warrior ProjectTO HONOR AND EMPOWER WOUNDED WARRIORS | Birmingham, AL | $2K | 2023 |
| Big Oak RanchCONTRIBUTIONS TO A CHRISTIAN HOME FOR CHILDREN NEEDING A CHANCE | Springville, AL | $2K | 2023 |
| Greens Chapel Cumberland PresbyterianTO SUPPORT THE GENERAL OPERATIONS OF THE CONGREGATION | Cleveland, AL | $2K | 2023 |
| The Prescott HouseTO AID VICTIMS OF CHILD ABUSE | Birmingham, AL | $2K | 2023 |
| Ateam Ministries - Heart 2 Heart GalaTO OFFER SPIRITUAL, EMOTIONAL, AND FINANCIAL SUPPORT TO CHILDREN AND THEIR FAMILIES WITHIN THE PEDIATRIC CANCER COMMUNITY | Homewood, AL | $2K | 2023 |
| Mitchell'S PlaceTO PROVIDE COMPREHENSIVE, RESEARCH-BASED SERVICES FOR CHILDREN AND FAMILIES AFFECTED BY AUTISM SPECTRUM DISORDER AND OTHER DEVELOPMENTAL DISABILITIES | Birmingham, AL | $1K | 2023 |
| The University Of AlabamaTO ADVANCE THE INTELLECTUAL AND SOCIAL CONDITION OF THE PEOPLE OF THE STATE, THE NATION AND THE WORLD THROUGH THE CREATION, TRANSLATION AND DISSEMINATION OF KNOWLEDGE WITH AN EMPHASIS ON QUALITY PROGRAMS IN THE AREAS OF TEACHING, RESEARCH AND SERVICE | Tuscaloosa, AL | $5K | 2020 |
| Shriners Hospital For ChildrenTO PROVIDE PEDIATRIC SPECIALTY CARE WITHOUT FINANCIAL OBLIGATION TO PATIENTS OR THEIR FAMILIES | Tampa, FL | $5K | 2020 |
| Ateam Ministries-Heart 2 Heart GalaTO OFFER SPIRITUAL, EMOTIONAL, AND FINANCIAL SUPPORT TO CHILDREN AND THEIR FAMILIES WITHIN THE PEDIATRIC CANCER COMMUNITY | Homewood, AL | $2K | 2020 |
| Jdrf- Greater Dallas ChapterTO CURE T1D AND IMPROVE THE LIVES OF EVERYONE IMPACTED BY THIS DISEASE | Dallas, TX | $2K | 2020 |
BIRMINGHAM, AL
BIRMINGHAM, AL
BIRMINGHAM, AL