Grace & Joy Heritage Foundation

MILPITAS, CA EIN: 47-5518505

Grace & Joy Heritage Foundation is a private foundation focused on Religion Related, based in MILPITAS, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $725K in total assets. In 2024, it awarded 2 grants totaling $4K. Net investment income was $52K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$725K

-5.4% YoY

Annual Giving

$4K

-86.0% YoY

Grant Count

2

+100.0% YoY

Avg Grant Size

$2K

-93.0% YoY

About Grace & Joy Heritage Foundation

Based on IRS filings

Grace & Joy Heritage Foundation is a private foundation focused on Religion Related, based in MILPITAS, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $725K in total assets. In 2024, it awarded 2 grants totaling $4K. Net investment income was $52K.

Focus Areas

Ready to take the next step with Grace & Joy Heritage Foundation?

Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

Liberty CorMilpitas

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$61K$123K$184K$245K20202021202220232024
Metric202420232022
Total Assets$725,319$766,702$896,623
Revenue$59,051$40,342$167,017
Expenses$98,952$171,745$180,741
Qualifying Distributions$91,524$165,089$170,742
Net Investment Income$51,623$16,599$27,861
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$8K$15K$23K$30K0 grants20201 grants20211 grants20221 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

TRUE JESUS CHURCH$2KUSGA FOUNDATION$2K

Grant Size Distribution

5 grants across all recorded years

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

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include True Jesus Church ($2,000), Usga Foundation ($1,500).

RecipientPurposeAmount
TRUE JESUS CHURCH MILPITAS, CADONATIONS$2,000
USGA FOUNDATION LIBERTY COR, NJDONATIONS$1,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JOSEPH Y CHENPRESIDENT & CEO2
GRACIE L CHENSECRETARY2

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Grace & Joy Heritage Foundation?

Grace & Joy Heritage Foundation is a private foundation focused on Religion Related, based in MILPITAS, CA. It holds $725K in total assets as of 2024.

How large is Grace & Joy Heritage Foundation?

As of 2024, Grace & Joy Heritage Foundation holds $725K in total assets with $59K in annual revenue. It awarded 2 grants totaling $4K in 2024.

Where does Grace & Joy Heritage Foundation operate?

Grace & Joy Heritage Foundation has awarded grants in California, New Jersey.

What size grants does Grace & Joy Heritage Foundation award?

In 2024, Grace & Joy Heritage Foundation awarded 2 grants totaling $4K — an average of about $2K per grant, based on its IRS Form 990 filings.

What is Grace & Joy Heritage Foundation's EIN?

Grace & Joy Heritage Foundation's EIN (Employer Identification Number) is 47-5518505. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in Grace & Joy Heritage Foundation's focus areas in our free grants database

Related Funders

Similar funders by location and focus area

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

What could you do with Grace & Joy Heritage Foundation on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities

Go from researching Grace & Joy Heritage Foundation to a real strategy.

Plan your approach