Grace Family Foundation Inc
Grace Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Denver, CO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.6M in total assets. In 2024, it awarded 10 grants totaling $122K. Net investment income was $295K.
Key facts about Grace Family Foundation Inc
- EIN
- 27-1162275
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $122,000
- Grants made (2024)
- 10
- Average grant
- $12,200
- Median grant
- $5,000
- New grantees (estimate)
- 30% first-time grantees (3 of 10, 2024)
- Total assets
- $2,622,734
- Primary geography
- Colorado (61% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who Grace Family Foundation Inc funds
By grant dollars, the top recipient states for Grace Family Foundation Inc's 10 itemized 2024 grants were Colorado (61%), New Mexico (12%) and Indiana (12%). The most frequent recipient cities were Denver, CO (2 grants) and Carmel, IN (2 grants). None of its 10 grants with a stated purpose were described as general or operating support. Recurring purposes include "Education" (8 grants).
Is Grace Family Foundation Inc open to new grantees?
30%
first-time grantees, 2024
In 2024, 3 of 10 grantees (30%) were first-time recipients. First grants averaged $6K; repeat grants $15K. How we count
Medians: $5K first-time, $5K repeat.
- 50% of 2024 grantees were also funded in 2023. Method
- Giving fell 23% from 2021 to 2024. Method
- In 2024 it paid out 116% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Grace Family Foundation Inc
- How to evaluate Grace Family Foundation Inc as a funder
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.6M
+0.9% YoY
Annual Giving
$122K
-43.9% YoY
Grant Count
10
-77.3% YoY
Avg Grant Size
$12K
+146.8% YoY
Under IRS private-foundation payout rules, Grace Family Foundation Inc reported a distributable amount of $167K for 2024 — the minimum it must pay out in qualifying distributions.
About Grace Family Foundation Inc
Based on IRS filings
Grace Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Denver, CO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.6M in total assets. In 2024, it awarded 10 grants totaling $122K. Net investment income was $295K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 10 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,622,734 | $2,599,585 | $2,720,132 |
| Revenue | $332,029 | $222,160 | $256,504 |
| Expenses | $314,880 | $342,707 | $254,197 |
| Qualifying Distributions | $194,039 | $524,976 | $199,540 |
| Net Investment Income | $295,338 | $214,840 | $222,907 |
| Distributable Amount | $166,923 | $144,091 | $169,597 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
123 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Denver School of the Arts Friends Foundation ($60,000), Arroyo Seco Live Inc ($15,000), Holy Trinity Church ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| DENVER SCHOOL OF THE ARTS FRIENDS FOUNDATION Denver, CO | EDUCATION | $60,000 |
| ARROYO SECO LIVE INC El Prado, NM | EDUCATION | $15,000 |
| HOLY TRINITY CHURCH Carmel, IN | EDUCATION | $10,000 |
| DENVER PUBLIC SCHOOLS FOUNDATION Denver, CO | EDUCATION | $10,000 |
| FROM THE HEART PRODUCTIONS INC Oxnard, CA | EDUCATION | $5,000 |
| INDY YOGA MOVEMENT INC Carmel, IN | EDUCATION | $5,000 |
| MISSIONARY ENTERPRISES INC Sanibel, FL | EDUCATION | $5,000 |
| THE NATURE CONSERVANCY IN COLORADO Boulder, CO | EDUCATION | $5,000 |
| NATIONAL ALLIANCE ON MENTAL ILLNESS Arlington, VA | DONATION | $5,000 |
| THE PLAYERS PHILANTHROPY FUND INC Townson, MD | DONATION | $2,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Andrew T Burns | Director | 1 | — |
| Ruthelen G Burns | Director | 1 | — |
| Andrew G Burns | Director | 1 | — |
| Grace E Burns | Director | 1 | — |
| John C Burns | Director | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Grace Family Foundation Inc?
Grace Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Denver, CO. It holds $2.6M in total assets as of 2024.
How large is Grace Family Foundation Inc?
As of 2024, Grace Family Foundation Inc holds $2.6M in total assets with $332K in annual revenue. It awarded 10 grants totaling $122K in 2024.
Where does Grace Family Foundation Inc operate?
Grace Family Foundation Inc has awarded grants in California, Colorado, Connecticut, Florida, Hawaii, Illinois, Indiana, Maryland, Montana, New Mexico, New York, South Carolina, Texas, Virginia.
What size grants does Grace Family Foundation Inc award?
In 2024, Grace Family Foundation Inc awarded 10 grants totaling $122K — an average of about $12K per grant, based on its IRS Form 990 filings.
How much is Grace Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Grace Family Foundation Inc reported a distributable amount of $167K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Grace Family Foundation Inc's EIN?
Grace Family Foundation Inc's EIN (Employer Identification Number) is 27-1162275. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.