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The Grace Law Trust is a private trust based in CHICAGO, IL. The foundation received its IRS ruling in 1994. The principal officer is Jpmorgan Chase Bank Na. It holds total assets of $797K. Annual income is reported at $299K. The foundation is governed by 1 officer or trustee. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2023. According to available records, The Grace Law Trust has made 4 grants totaling $104K, with a median grant of $25K. The foundation has distributed between $50K and $54K annually from 2022 to 2023. Individual grants have ranged from $1K to $53K, with an average award of $26K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Kentucky. 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.
The Grace Law Trust 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 KY.
The Grace Law Trust has distributed a total of $104K across 4 grants. The median grant size is $25K, with an average of $26K. Individual grants have ranged from $1K to $53K.
The Grace Law Trust typically selects its grantees rather than accepting unsolicited proposals.
The Grace Law Trust is headquartered in CHICAGO, IL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jp Morgan Chase Bank Na | TRUSTEE | $16K | $0 | $16K |
Total Giving
$68K
Total Assets
$810K
Fair Market Value
$1.2M
Net Worth
$810K
Grants Paid
$50K
Contributions
N/A
Net Investment Income
$56K
Distribution Amount
$54K
Total: $731K
Total Grants
4
Total Giving
$104K
Average Grant
$26K
Median Grant
$25K
Unique Recipients
2
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| First United Methodist ChurchGENERAL | Richmond, KY | $49K | 2023 |
| Methodist Home Of KentuckyGENERAL | Lexington, KY | $1K | 2023 |