Grace Foundation
Grace Foundation is a private foundation, based in HUNTSVILLE, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $14K in total assets. In 2024, it awarded 6 grants totaling $54K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$14K
-16.7% YoY
Annual Giving
$54K
-15.4% YoY
Grant Count
6
-14.3% YoY
Avg Grant Size
$9K
-1.3% YoY
Under IRS private-foundation payout rules, Grace Foundation reported a distributable amount of $778 for 2024 — the minimum it must pay out in qualifying distributions.
About Grace Foundation
Based on IRS filings
Grace Foundation is a private foundation, based in HUNTSVILLE, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $14K in total assets. In 2024, it awarded 6 grants totaling $54K.
Ready to take the next step with Grace Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $14,448 | $17,348 | $18,901 |
| Revenue | $50,850 | $59,000 | $75,000 |
| Expenses | $53,751 | $63,553 | $56,820 |
| Qualifying Distributions | $53,700 | $63,500 | $56,749 |
| Net Investment Income | — | — | — |
| Distributable Amount | $778 | $888 | $887 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
26 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Round Rock Christian ($15,550), Fellowship of Huntsville Church ($12,000), New Covenant Christian ($10,020).
| Recipient | Purpose | Amount |
|---|---|---|
| MISCELLANEOUS OTHER HUNTSVILLE, TX | CHARITY | $7,780 |
| CAMPUS OUTREACH BIRMINGHAM, AL | CHARITY | $2,900 |
| PRETERIST RESEARCH INSTITUTE ARDMORE, OK | CHARITY | $5,450 |
| NEW COVENANT CHRISTIAN HARDIN, KY | CHARITY | $10,020 |
| FELLOWSHIP OF HUNTSVILLE CHURCH HUNTSVILLE, TX | CHARITY | $12,000 |
| ROUND ROCK CHRISTIAN ROUND ROCK, TX | CHARITY | $15,550 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| R S OHENDALSKI | TRUSTEE | 1 | — |
| KAY OHENDALSKI | TRUSTEE | 1 | — |
Frequently Asked Questions
How large is Grace Foundation?
As of 2024, Grace Foundation holds $14K in total assets with $51K in annual revenue. It awarded 6 grants totaling $54K in 2024.
Where does Grace Foundation operate?
Grace Foundation has awarded grants in Alabama, Kentucky, Oklahoma, Tennessee, Texas.
What size grants does Grace Foundation award?
In 2024, Grace Foundation awarded 6 grants totaling $54K — an average of about $9K per grant, based on its IRS Form 990 filings.
How much is Grace Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Grace Foundation reported a distributable amount of $778 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Grace Foundation's EIN?
Grace Foundation's EIN (Employer Identification Number) is 26-0225881. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Grace Foundation's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
William Z Hayes Foundation
DALLAS, TX
Assets
$629K
Grants
4
Total Given
$28K
Tr Uw Jane James Cook Item 19
DALLAS, TX
Assets
$861K
Grants
11
Total Given
$41K
Forsyth Fbo Leonard Wood Memorial
DALLAS, TX
Assets
$320K
Grants
1
Total Given
$18K
Teas Foundation
AMARILLO, TX
Assets
$3.0M
Grants
3
Total Given
$138K
Crystelle Waggoner Charitable Trust
DALLAS, TX
Assets
$13.5M
Grants
41
Total Given
$3.9M
Nelson & Debbie Fox Charitable Fdtn
LUBBOCK, TX
Assets
$329K
Grants
9
Total Given
$90K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Grace 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 Foundation to a real strategy.