//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Grace Foundation is a private corporation based in EXCELSIOR, MN. The foundation received its IRS ruling in 2014. The principal officer is Robert Coughlin. It holds total assets of $1.4M. Annual income is reported at $488K. The foundation is governed by 3 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2024. According to available records, Grace Foundation has made 4 grants totaling $238K, with a median grant of $65K. Annual giving has decreased from $30K in 2021 to $8K in 2023. Grantmaking activity was highest in 2022 with $200K distributed across 2 grants. Individual grants have ranged from $8K to $100K, with an average award of $59K. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in Colorado and Texas and Minnesota. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Grace Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in CO, TX, MN.
Grace Foundation has distributed a total of $238K across 4 grants. The median grant size is $65K, with an average of $59K. Individual grants have ranged from $8K to $100K.
Grace Foundation typically selects its grantees rather than accepting unsolicited proposals.
Grace Foundation is headquartered in EXCELSIOR, MN. While based in MN, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Robert Coughlin | PRESIDENT, DIRECTOR | $0 | $0 | N/A |
| Edward Coughlin | DIRECTOR | $0 | $0 | N/A |
| Jennifer Coughlin | SECRETARY, TREASURER, DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$1.4M
Fair Market Value
N/A
Net Worth
$1.4M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
4
Total Giving
$238K
Average Grant
$59K
Median Grant
$65K
Unique Recipients
3
Most Common Grant
$100K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Grace ChurchGENERAL | Eden Prairie, MN | $8K | 2023 |
| Dare 2 Share MinistriesRELIGIOUS | Wheat Ridge, CO | $100K | 2022 |
| East West MinistriesGENERAL | Harlingen, TX | $30K | 2021 |