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Private Foundation · IA

Grace Foundation

Ames, IA  ·  EIN 237294779  ·  Website (ProPublica) ↗  ·  990s on ProPublica ↗

Assets

$766K

Total Giving

$226K

Grants on File

29

Average Grant

$8K

Giving Radius

Where Grace Foundation Has Given

AK — no grants on file AL — no grants on file AR — no grants on file AZ — no grants on file CA — $57K across 10 grants CO — no grants on file CT — no grants on file DC — no grants on file DE — no grants on file FL — no grants on file GA — no grants on file HI — no grants on file IA — no grants on file ID — no grants on file IL — $12K across 3 grants IN — no grants on file KS — $8K across 2 grants KY — $114K across 7 grants LA — no grants on file MA — no grants on file MD — no grants on file ME — no grants on file MI — no grants on file MN — no grants on file MO — no grants on file MS — no grants on file MT — no grants on file NC — no grants on file ND — no grants on file NE — no grants on file NH — no grants on file NJ — no grants on file NM — no grants on file NV — no grants on file NY — no grants on file OH — no grants on file OK — no grants on file OR — no grants on file PA — no grants on file RI — no grants on file SC — no grants on file SD — no grants on file TN — no grants on file TX — $36K across 7 grants UT — no grants on file VA — no grants on file VT — no grants on file WA — no grants on file WI — no grants on file WV — no grants on file WY — no grants on file
Historical grants to 10 recipients across 5 states. Top concentrations: WILMORE ($92K, 4 grants), PASADENA ($26K, 4 grants), BERKELEY ($25K, 4 grants), LOUISVILLE ($22K, 3 grants), DALLAS ($20K, 4 grants).

Section I

How to Apply

Personal letter, transcript, & recommendations.

On Unsolicited Proposals yes

Restrictions

Awards are educational grants for students from China and Southeast Asian countries only.

Section IV

Recent Grants

Recipient Amount Year
American Chinese Evangelical Seminary $2K 2021
Trinity Evangelical Divinity School $4K 2021
St Paul School of Theology $4K 2021
Southwestern Baptist Theological Seminary $4K 2021
Southern Baptist Theological Seminary $8K 2021
Graduate Theological Union $8K 2021
Fuller Theological Seminary $7K 2021
Dallas Theological Seminary $8K 2021
Asbury Theological Seminary $12K 2021
Dallas Theological Seminary $4K 2022
American Chinese Evangelical Seminary $4K 2022
Asbury Theological Seminary $19K 2022
Fuller Theological Seminary $7K 2022
Graduate Theological Union $8K 2022
Southern Baptist Theological Seminary $11K 2022
St Paul School of Theology $4K 2022
Trinity Evangelical Divinity School $4K 2022
Sw Baptist Theological Seminary $4K 2023
Trinity Evangelical Divinity School $4K 2023
Southern Baptist Theological Seminary $3K 2023
Graduate Theological Union $6K 2023
Fuller Theological Seminary $6K 2023
Dallas Theological Seminary $4K 2023
Asbury Theological Seminary $28K 2023
Fuller Theological Seminary $6K 2024

Page 1 of 2 · 29 total

Section VI

Filing History

Year-by-year financial summary from IRS 990-PF filings. Total assets and qualifying distributions show the foundation's growth and giving trajectory.

Year Total Assets Qualifying Distributions Total Revenue Total Expenses
2024 $766K $57K $133K $67K
2023 $701K $56K $24K $72K
2022 $748K $64K $62K $79K
2021 $765K $60K $156K $72K
2020 $681K $55K $75K $75K
2016 $714K — $48K $70K
2015 $737K — $45K $66K
2014 $758K — $33K $60K
2013 $787K — $54K $58K
2012 $790K — $55K $53K