Grace Foundation of Destin Inc

DESTIN, FL EIN: 51-0597232

The Grace Foundation seeks to extend the healing and hope of Jesus through Grace Lutheran Church to our community and beyond helping those in need wherever they may be found.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.0M

+6.8% YoY

Annual Giving

$61K

Grant Count

5

Avg Grant Size

$12K

About Grace Foundation of Destin Inc

Based on IRS filings

Grace Foundation of Destin Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in DESTIN, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.0M in total assets. In 2024, it awarded 5 grants totaling $61K. Net investment income was $137K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

DetroitIrontonSt Louis

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$47K$93K$140K$187K20202021202220232024
Metric202420232022
Total Assets$1,029,463$963,570$793,766
Revenue$136,578$169,804
Expenses$70,685
Qualifying Distributions
Net Investment Income$136,578$169,804
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$15K$30K$45K$61K0 grants20201 grants20210 grants20220 grants20235 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Evergreen Luth Church & …$21KChristian Friends of New…$15KSt Gregor s Education Ce…$10KCamp Penuel$10KSamaritan Embassy Founda…$5K

Grant Size Distribution

6 grants across all recorded years

6<$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 Evergreen Luth Church & School ($21,000), Christian Friends of New Americans ($15,000), St Gregor s Education Center ($10,000).

RecipientPurposeAmount
Evergreen Luth Church & School Detroit, MIOngoing operations of the church and school$21,000
St Gregor s Education Center Replace lighting$10,000
Samaritan Embassy Foundation Uniforms for school children and well repair$4,500
Christian Friends of New Americans St Louis, MOOperating support$15,000
Camp Penuel Ironton, MOOperating support$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Kay RoystonTrustee0.25
Darlane LandsbergerTrustee0.25
Dieter LandsbergerTrustee0.25
Lola WuerffelTrustee0.25
Lola WuerffelTrustee0.25
Greg SchillingPresident1
Michael WindVice President Treasurer1
Cindy TheriaultSecretary0.25
Kevin WendtTrustee0.25

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Grace Foundation of Destin Inc?

Grace Foundation of Destin Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in DESTIN, FL. It holds $1.0M in total assets as of 2024.

How large is Grace Foundation of Destin Inc?

As of 2024, Grace Foundation of Destin Inc holds $1.0M in total assets with $137K in annual revenue. It awarded 5 grants totaling $61K in 2024.

Where does Grace Foundation of Destin Inc operate?

Grace Foundation of Destin Inc has awarded grants in Michigan, Missouri.

What size grants does Grace Foundation of Destin Inc award?

In 2024, Grace Foundation of Destin Inc awarded 5 grants totaling $61K — an average of about $12K per grant, based on its IRS Form 990 filings.

What is Grace Foundation of Destin Inc's EIN?

Grace Foundation of Destin Inc's EIN (Employer Identification Number) is 51-0597232. IRS Form 990 filing data is available on this page for 2020–2024.

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

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