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Jean Lykes Grace Foundation is a private corporation based in HOUSTON, TX. The foundation received its IRS ruling in 2010. The principal officer is Russell Rand Grace Jr. It holds total assets of $1.9M. Annual income is reported at $513K. Total assets have grown from $1.3M in 2011 to $1.8M in 2023. The foundation is governed by 3 officers and trustees. There were no direct charitable activities of the foundation during 2022, other than those listed in part xv-supplementary information-grants and contributions paid during the year or approved for future payment. The foundation contemplates additional appropriate distributions only to public charities during 2023. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. Grantmaking is concentrated in Texas. According to available records, Jean Lykes Grace Foundation has made 159 grants totaling $555K, with a median grant of $2K. The foundation has distributed between $102K and $200K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $200K distributed across 58 grants. Individual grants have ranged from $1K to $30K, with an average award of $3K. The foundation has supported 61 unique organizations. The foundation primarily supports organizations in Texas, Colorado, Tennessee, which account for 85% of all grants. Grantmaking reaches organizations across 9 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$2K
Average Grant
$4K
Largest Grant
$28K
Based on 35 grants from the most recent 990-PF filing.
There were no direct charitable activities of the foundation during 2021, other than those listed in part xv-supplementary information-grants and contributions paid during the year or approved for future payment. The foundation contemplates additional appropriate distributions only to public charities during 2022.
There were no direct charitable activities of the foundation during 2022, other than those listed in part xv-supplementary information-grants and contributions paid during the year or approved for future payment. The foundation contemplates additional appropriate distributions only to public charities during 2023. Based on available records, the foundation has funded 159 grants. Its grantmaking reaches organizations primarily in TX, CO, TN.
Jean Lykes Grace Foundation has distributed a total of $555K across 159 grants. The median grant size is $2K, with an average of $3K. Individual grants have ranged from $1K to $30K.
Jean Lykes Grace Foundation typically selects its grantees rather than accepting unsolicited proposals.
Jean Lykes Grace Foundation is headquartered in HOUSTON, TX. While based in TX, the foundation distributes grants to organizations across 9 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| The Rev James M L Grace | President | $0 | $0 | N/A |
| Charlotte Grove | Secretary | $0 | $0 | N/A |
| Colin Sunderland | Director | $0 | $0 | N/A |
Total Giving
$142K
Total Assets
$1.8M
Fair Market Value
N/A
Net Worth
$1.8M
Grants Paid
$120K
Contributions
N/A
Net Investment Income
$272K
Distribution Amount
$114K
Total: $1.8M
Total Grants
159
Total Giving
$555K
Average Grant
$3K
Median Grant
$2K
Unique Recipients
61
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Camp AllenSUPPORT | Navasota, TX | $2K | 2023 |
| St Andrew'S Episcopal ChurchSUPPORT | Houston, TX | $30K | 2023 |
| Epiphany Community Health OutreachSUPPORT | Houston, TX | $10K | 2023 |
| Baylor UniversitySUPPORT | Waco, TX | $10K | 2023 |
| St John The DivineSUPPORT | Houston, TX | $7K | 2023 |
| Compassion InternationalSUPPORT | Colorado Springs, CO | $7K | 2023 |
| Special CheersSUPPORT | Houston, TX | $5K | 2023 |
| St Martins Episcopal ChurchSUPPORT | Houston, TX | $5K | 2023 |
| Ksbj Education FdnSUPPORT | Humble, TX | $5K | 2023 |
| Texas Children'S HospitalSUPPORT | Houston, TX | $5K | 2023 |
| Amistad MissionSUPPORT | Nashville, TN | $4K | 2023 |
| River Oaks Baptist SchoolSUPPORT | Houston, TX | $3K | 2023 |
| Ymca Of The RockiesSUPPORT | Estes Park, CO | $3K | 2023 |
| Christian Community Service CenterSUPPORT | Houston, TX | $3K | 2023 |
| Dallas CasaSUPPORT | Dallas, TX | $3K | 2023 |
| Mercy ShipsSUPPORT | Lindale, TX | $3K | 2023 |
| Red Collar RescueSUPPORT | Houston, TX | $3K | 2023 |
| Second Baptist SchoolSUPPORT | Houston, TX | $2K | 2023 |
| Mission WacoSUPPORT | Waco, TX | $2K | 2023 |
| Episcopal High SchoolSUPPORT | Bellaire, TX | $2K | 2023 |
| Strake JesuitSUPPORT | Houston, TX | $2K | 2023 |
| Leukemia Lymphoma SocietySUPPORT | New York, NY | $2K | 2023 |
| Park Cities Baptist ChurchSUPPORT | Dallas, TX | $2K | 2023 |
| Internation Campaign For TibetSUPPORT | Wasington, DC | $1K | 2023 |
| Operation SmileSUPPORT | Virginia Beach, VA | $1K | 2023 |
| Seminary Of The SouthwestSUPPORT | Austin, TX | $1K | 2023 |