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Works Of Grace Foundation is a private corporation based in AUSTIN, TX. The foundation received its IRS ruling in 2002. The principal officer is Benjamin David Wood. It holds total assets of $3.5M. Annual income is reported at $832K. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2023. The foundation primarily funds organizations in Texas and Indiana. According to available records, Works Of Grace Foundation has made 17 grants totaling $367K, with a median grant of $5K. Annual giving has grown from $25K in 2020 to $167K in 2023. Grantmaking activity was highest in 2022 with $175K distributed across 2 grants. Individual grants have ranged from $500 to $170K, with an average award of $22K. The foundation has supported 16 unique organizations. The foundation primarily supports organizations in New York, Texas, Washington, which account for 88% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$1K
Average Grant
$4K
Largest Grant
$10K
Based on 3 grants from the most recent 990-PF filing.
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.
Works Of Grace Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 17 grants. Its grantmaking reaches organizations primarily in NY, TX, WA.
Works Of Grace Foundation has distributed a total of $367K across 17 grants. The median grant size is $5K, with an average of $22K. Individual grants have ranged from $500 to $170K.
Works Of Grace Foundation typically selects its grantees rather than accepting unsolicited proposals.
Works Of Grace Foundation is headquartered in AUSTIN, TX. While based in TX, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Theresa Castellano | VICE-PRESIDENT | $0 | $0 | N/A |
| Benjamin David Wood | PRESIDENT | $0 | $0 | N/A |
Total Giving
$204K
Total Assets
$3.5M
Fair Market Value
$3.5M
Net Worth
$3.5M
Grants Paid
$167K
Contributions
N/A
Net Investment Income
$56K
Distribution Amount
$168K
Total: $3M
Total Grants
17
Total Giving
$367K
Average Grant
$22K
Median Grant
$5K
Unique Recipients
16
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| American Friends Of The Royal Foundation Of Prince William And Prince HarryTO SUPPORT THE ORGANIZATION'S PURPOSE | New York, NY | $121K | 2023 |
| Mobile Loaves And FishesTO SUPPORT THE ORGANIZATION'S PURPOSE | Austin, TX | $20K | 2023 |
| Royal Oak FoundationTO SUPPORT THE ORGANIZATION'S PURPOSE | New York, NY | $10K | 2023 |
| Trail ConservancyTO SUPPORT THE ORGANIZATION'S PURPOSE | Austin, TX | $5K | 2023 |
| The Trail FoundationTO SUPPORT THE ORGANIZATION'S PURPOSE | Austin, TX | $5K | 2023 |
| Hailey Soccer IncTO SUPPORT THE ORGANIZATION'S PURPOSE | Hailey, ID | $4K | 2023 |
| Imagine Away FoundationTO SUPPORT THE ORGANIZATION'S PURPOSE | Leander, TX | $1K | 2023 |
| Impact Cares FoundationTO SUPPORT THE ORGANIZATION'S PURPOSE | Austin, TX | $500 | 2023 |
| Sister Maryann Scholarship FundTO SUPPORT THE ORGANIZATION'S PURPOSE | Seattle, WA | $5K | 2022 |
| Central Texas Food BankTO SUPPORT THE ORGANIZATION'S PURPOSE | Austin, TX | $8K | 2020 |
| Saint Mary'S ParishTO SUPPORT THE ORGANIZATION'S PURPOSE | Austin, TX | $5K | 2020 |
| Wounded Warrior ProjectTO SUPPORT THE ORGANIZATION'S PURPOSE | San Antonio, TX | $5K | 2020 |
| Zach TheatreTO SUPPORT THE ORGANIZATION'S PURPOSE | Austin, TX | $4K | 2020 |
| Hays-Caldwell Women'S CenterTO SUPPORT THE ORGANIZATION'S PURPOSE | San Marcos, TX | $3K | 2020 |
| Nobelity ProjectTO SUPPORT THE ORGANIZATION'S PURPOSE | Austin, TX | $1K | 2020 |
| Larkin Street Youth ServiceTO SUPPORT THE ORGANIZATION'S PURPOSE | San Francisco, CA | $500 | 2020 |