Grace Foundation
Grace Foundation is a private foundation focused on mutual and membership benefit, based in Excelsior, MN. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $2.0M in total assets. In 2025, it awarded 5 grants totaling $150K. Net investment income was $797K.
Grace Foundation at a glance
In short: Grace Foundation gave $150K across 5 grants in 2025 (avg $30K), top state Minnesota. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $150,000
- +900.0% vs 2024
- Grants made (2025)
- 5
- +400.0% vs 2024
- Average grant
- $30,000
- +100.0% vs 2024
- Median grant
- $20,000
- Total assets
- $2,016,363
- +45.2% vs 2024
- Primary geography
- Minnesota (47% 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 Grace Foundation funds
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2025
The largest 2025 recipient was Strategic Renewal ($50K). Together the top 5 received $150K.
Grant Size Distribution
9 grants across all recorded years
The most common grant size was under $50K: 6 grants of 9 (67%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 5 itemized grants.
Cities
How Grace Foundation gives
- Giving grew 50% from 2022 to 2025. Method
- In 2025 it paid out 136% of 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
From 2021 to 2025, annual grant giving ranged from $8K (2023) to $150K (2025). In 2025 it made 5 grants totaling $150K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Strategic Renewal Denver, CO | General | $50,000 |
| Southwest Christian High School Chaska, MN | General | $50,000 |
| Fellowship of Christian Athletes Minneapolis, MN | Religious | $20,000 |
| Campus Crusade for Christ Orlando, FL | General | $15,000 |
| Turning Point USA Lemont, IL | General | $15,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $2,016,363 | $818,440 | $191,197 | $150,000 | 5 | $153,108 | $796,827 | $112,262 |
| 2024 | $1,389,120 | $117,699 | $35,703 | $15,000 | 1 | $17,268 | $96,030 | $103,801 |
| 2023 | $1,307,124 | $70,236 | $32,210 | $7,500 | 1 | $10,965 | $42,079 | $89,265 |
| 2022 | $1,269,098 | $84,452 | $119,021 | $100,000 | 1 | $100,000 | $66,946 | $90,397 |
| 2021 | $1,303,667 | $113,715 | $49,230 | $30,000 | 1 | $30,000 | $96,990 | $98,245 |
| 2020 | $1,239,182 | $200,610 | $16,766 | — | — | — | $86,156 | $74,915 |
Under IRS private-foundation payout rules, Grace Foundation reported a distributable amount of $112K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Grace Foundation is led by Robert Coughlin, President & Director on every filing since 2020; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Robert Coughlin
President & Director
On filings since 2020
1 hr/week
No compensation reported
Edward Coughlin
Director
On filings since 2020
1 hr/week
No compensation reported
Jennifer Coughlin
Secretary, Treasurer & Director
On filings since 2020
1 hr/week
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 Grace Foundation
How much does Grace Foundation give each year?
Grace Foundation gave $150K across 5 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $15K across 1 grant.
What is Grace Foundation's typical grant size?
Grace Foundation's median grant in 2025 was $20,000, and its average grant was $30,000, across 5 grants on its 2025 IRS Form 990-PF.
Where does Grace Foundation give grants?
Grace Foundation's top state is Minnesota, with 47% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Colorado (33%) and Florida (10%).
Does Grace Foundation give general operating support?
Yes: 80% of Grace Foundation's 2025 grants with a stated purpose (4 of 5) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Grace Foundation's largest grantees?
Grace Foundation's largest 2025 grantees include Strategic Renewal ($50,000), Southwest Christian High School ($50,000) and Fellowship of Christian Athletes ($20,000), according to its 2025 IRS Form 990-PF. Together they received 80% of its itemized 2025 grant dollars.
How large is Grace Foundation?
Grace Foundation reported $2.0M in total assets on its 2025 IRS Form 990-PF. It paid out $153K in qualifying distributions that year, against a required minimum of $112K (roughly 5% of its investment assets).
What is Grace Foundation?
Grace Foundation is a private foundation focused on mutual and membership benefit, based in Excelsior, MN. It holds $2.0M in total assets as of 2025.
What is Grace Foundation's EIN?
Grace Foundation's EIN (Employer Identification Number) is 90-1035327. 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
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
- IRS filings on file for fiscal years 2020–2024
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