Believe in Grace Inc

Private foundation · Grantmaker Vero Beach, FL EIN: 85-3584285

Believe in Grace Inc is a private foundation focused on Housing & Shelter, based in Vero Beach, FL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $136 in total assets. In 2025, it awarded 4 grants totaling $12K.

Believe in Grace Inc at a glance

In short: Believe in Grace Inc gave $12K across 4 grants in 2025 (avg $3K), mostly in Florida. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$12,000
+79.8% vs 2024
Grants made (2025)
4
+33.3% vs 2024
Average grant
$3,000
+34.8% vs 2024
Median grant
$2,500
Total assets
$136
-37.6% vs 2024
Primary geography
Florida (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who Believe in Grace Inc funds

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2025

Senior Resource Association: $6KSenior Resource Association$6KTreasure Coast Food Bank: $3KTreasure Coast Food Bank$3KSt Francis Manor: $3KSt Francis Manor$3KFor the Love of Paws Senior Pet Sanctuary Inc: $1KFor the Love of Paws SeniorPet Sanctuary Inc$1K

The largest 2025 recipient was Senior Resource Association ($6K). Together the top 4 received $12K.

Grant Size Distribution

17 grants across all recorded years

17<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 17 grants of 17 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2025 grant dollars across all 4 itemized grants.

States

Cities

Vero BeachFellsmereFort Pierce

How Believe in Grace Inc gives

  • Giving grew 54% from 2022 to 2025. Method
  • In 2023 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K0 grants2020 3 grants2021 3 grants2022 4 grants2023 3 grants2024 4 grants2025

From 2021 to 2025, annual grant giving ranged from $7K (2024) to $12K (2025). In 2025 it made 4 grants totaling $12K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Senior Resource Association Vero Beach, FLGeneral Support$6,000
Treasure Coast Food Bank Fort Pierce, FLGeneral Support$2,500
St Francis Manor Vero Beach, FLGeneral Support$2,500
For the Love of Paws Senior Pet Sanctuary Inc Fellsmere, FLGeneral Support$1,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsDistributable Amount
2025$136$11,988$12,070$12,0004$12,070—
2024$218$6,751$6,745$6,6753$6,675—
2023$212$11,759$11,770$11,2004$11,200$282
2022$223$7,700$7,977$7,8003$7,800$49
2021$500$7,500$7,500$7,5003$7,500$25

Leadership & Key People

Officers and directors from IRS filings

Believe in Grace Inc is led by Bethany Fortunato, President & Director on every filing since 2020; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Bethany Fortunato

    President & Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Patrick Baggett

    Director

    On filings since 2020

    No compensation reported

  • Robert Mosley

    Director

    On filings since 2021

    No compensation reported

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Believe in Grace Inc

How much does Believe in Grace Inc give each year?

Believe in Grace Inc gave $12K across 4 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $7K across 3 grants.

What is Believe in Grace Inc's typical grant size?

Believe in Grace Inc's median grant in 2025 was $2,500, and its average grant was $3,000, across 4 grants on its 2025 IRS Form 990-PF.

Where does Believe in Grace Inc give grants?

Believe in Grace Inc gives mostly in Florida: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Vero Beach, FL (2 grants).

Does Believe in Grace Inc give general operating support?

Yes: 100% of Believe in Grace Inc's 2025 grants with a stated purpose (4 of 4) were for general or operating support, per its 2025 IRS Form 990-PF.

How large is Believe in Grace Inc?

Believe in Grace Inc reported $136 in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $12K.

What is Believe in Grace Inc?

Believe in Grace Inc is a private foundation focused on Housing & Shelter, based in Vero Beach, FL. It holds $136 in total assets as of 2025.

What is Believe in Grace Inc's EIN?

Believe in Grace Inc's EIN (Employer Identification Number) is 85-3584285. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(6)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2021 (received by the IRS August 29, 2022)
  2. Updated Form 990-PF for fiscal year 2022 (received by the IRS June 22, 2023)
  3. Updated Form 990-PF for fiscal year 2023 (received by the IRS November 29, 2024)
  4. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 12, 2025)
  5. Added Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
  6. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Believe in Grace Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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