Grace & Hope Foundation
Grace & Hope Foundation is a private foundation, based in Stuart, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $11.6M in total assets. In 2024, it awarded 1 grant totaling $440K. Net investment income was $2.3M.
Grace & Hope Foundation at a glance
In short: Grace & Hope Foundation gave $440K across 1 grant in 2024 (avg $440K), mostly in Rhode Island. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $440,000
- +7.3% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $440,000
- +7.3% vs 2023
- Median grant
- $440,000
- Total assets
- $11,582,564
- +21.6% vs 2023
- Primary geography
- Rhode Island (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Grace & Hope Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Bank Of America ($440K).
Grant Size Distribution
7 grants across all recorded years
The most common grant size was in the $250–500K range: 3 grants of 7 (43%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
Cities
How Grace & Hope Foundation gives
- Giving fell 30% from 2021 to 2024. Method
- In 2024 it paid out 90% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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
From 2020 to 2024, annual grant giving ranged from $410K (2023) to $660K (2020). In 2024 it made 1 grant totaling $440K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Bank Of America Providence, RI | Helping People Fund | $440,000 |
Ready to take the next step with Grace & Hope Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $11,582,564 | $2,362,810 | $448,090 | $440,000 | 1 | $443,425 | $2,346,904 | $492,636 |
| 2023 | $9,521,889 | $112,665 | $420,872 | $410,000 | 1 | $413,425 | $105,218 | $482,309 |
| 2022 | $10,390,757 | $2,074,118 | $597,471 | $580,000 | 1 | $583,584 | $2,060,231 | $518,121 |
| 2021 | $13,381,624 | $549,653 | $649,334 | $627,000 | 2 | $636,225 | $536,544 | $549,586 |
| 2020 | $10,136,937 | $-3,784,921 | $707,495 | $660,000 | 2 | — | — | $566,268 |
Under IRS private-foundation payout rules, Grace & Hope Foundation reported a distributable amount of $493K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Grace & Hope Foundation's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
David C. Brooker
Trustee
On filings since 2020
No compensation reported
Dorothy Jeanne Brooker
Trustee
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 Grace & Hope Foundation
How much does Grace & Hope Foundation give each year?
Grace & Hope Foundation gave $440K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $410K across 1 grant.
How large is Grace & Hope Foundation?
Grace & Hope Foundation reported $11.6M in total assets on its 2024 IRS Form 990-PF. It paid out $443K in qualifying distributions that year, against a required minimum of $493K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does Grace & Hope Foundation operate?
Grace & Hope Foundation has awarded grants in Connecticut, North Carolina, Rhode Island.
What is Grace & Hope Foundation's EIN?
Grace & Hope Foundation's EIN (Employer Identification Number) is 48-6180459. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Grace & Hope Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Grace & Hope Foundation's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in Florida
Orpah H Graybill ITUA(1706)
Orlando, FL
The Orlando-based foundation’s 2023 grants supported a varied group of charities, with most funding going to organizations in Pennsylvania, followed by Georgia and Florida. Its 16 grants totaled about $1.51 million, ranging from roughly $30,000 to $189,000; it funded only preselected organizations and does not accept unsolicited requests. The 2023 filing was a final return reporting terminating distributions.
Assets
—
Grants
16
Total Given
$1.5M
Dallas Seminary Foundation
Dallas, TX
Dallas Seminary Foundation primarily supports Dallas Theological Seminary, scholarships, theological education, ministry training, and related Christian ministries; in 2025, its grants ranged from $5,300 to $6.126 million, with a median of $17,100. Most 2025 grant dollars went to Texas, with additional funding in several other states. The profile does not state whether it accepts unsolicited requests.
Assets
$122.2M
Grants
125
Total Given
$14.8M
Getsch Charitable Trust
North Oaks, MN
Getsch Charitable Trust funds family services, community development, education, and religious ministry, with most 2025 grant dollars going to organizations in Minnesota and Wisconsin. Its 2025 grants ranged from $1,000 to $18,000, with a median of $2,000. It gives only to preselected charities and does not accept unsolicited requests.
Assets
$2.5M
Grants
39
Total Given
$165K
Crystal Family Foundation
Reno, NV
The Crystal Family Foundation supports organizations in education, health, and historical and cultural preservation, with recent grants concentrated in Arizona and also reaching Nevada and other states. Its 2024 grants ranged from $100 to $235,000, with a median of $2,500. It gives only to preselected charities and does not accept unsolicited requests.
Assets
$23.4M
Grants
76
Total Given
$878K
Jonathan Foundation
Grand Rapids, MI
The Jonathan Foundation supports a range of charitable organizations, with most of its 2025 giving in Michigan and additional grants in Texas, Illinois, Tennessee, and Idaho. Its 12 grants ranged from $4,000 to $37,488, with a median of $18,000. It gives only to preselected organizations and does not accept unsolicited requests.
Assets
—
Grants
12
Total Given
$208K
J Walton Bissell Foundation Inc
West Harford, CT
The foundation supports nonprofits working with communities under threat, the arts, and people with disabilities, primarily in Hartford; most 2024 grant dollars went to Connecticut organizations. Its 2024 awards ranged from $4,825 to $25,000, with a median of $10,000. It accepts unsolicited online applications from eligible 501(c)(3) organizations.
Assets
$19.9M
Grants
85
Total Given
$1.1M
More similar funders
More Funders in Florida
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Grace & Hope Foundation'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.
Grace & Hope Foundation down — hundreds of funders to go?