Grace Tptc Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WATERVILLE, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $8K in total assets. In 2024, it awarded 11 grants totaling $940K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$8K
-96.2% YoY
Annual Giving
$940K
+9.2% YoY
Grant Count
11
-8.3% YoY
Avg Grant Size
$85K
+19.2% YoY
Under IRS private-foundation payout rules, Grace Tptc Foundation reported a distributable amount of $7K for 2024 — the minimum it must pay out in qualifying distributions.
About Grace Tptc Foundation
Based on IRS filings
Grace Tptc Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WATERVILLE, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $8K in total assets. In 2024, it awarded 11 grants totaling $940K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $7,640 | $200,328 | $1,131,476 |
| Revenue | $750,000 | $1,050,050 | $35,421 |
| Expenses | $942,688 | $860,783 | $50,357 |
| Qualifying Distributions | $942,688 | $860,783 | $50,357 |
| Net Investment Income | — | — | — |
| Distributable Amount | $7,274 | $51,199 | $81,624 |
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
25 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Unity Revival Movement ($250,000), International Justice Mission ($150,000), Kingdom Encounter Ministries ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| GLORIOUS GOSPEL MISSIONS | GENERAL PURPOSE | $42,000 |
| INTERNATIONAL JUSTICE MISSION ARLINGTON, VA | GENERAL PURPOSE | $150,000 |
| KINGDOM ENCOUNTER MINISTRIES CENTEREACH, NY | GENERAL PURPOSE | $100,000 |
| LET US WORSHIP WASHINGTON, DC | GENERAL PURPOSE | $100,000 |
| LIFE CHANGERS DANDRIDGE, TN | GENERAL PURPOSE | $20,000 |
| DOVE INTERNATIONAL GLENWOOD, MN | GENERAL PURPOSE | $15,000 |
| OASIS WORLD MINSTRIES INC CHAMPLIN, MN | GENERAL PURPOSE | $100,000 |
| OUTBOUND LIFE PLYMOUTH, MN | GENERAL PURPOSE | $15,000 |
| SAMARITANS PURSE BOONE, NC | GENERAL PURPOSE | $100,000 |
| BURDEN BEARERS INC GARDEN CITY, MI | GENERAL PURPOSE | $47,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOHN ROMNES | PRESIDENT | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Grace Tptc Foundation?
Grace Tptc Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WATERVILLE, MN. It holds $8K in total assets as of 2024.
How large is Grace Tptc Foundation?
As of 2024, Grace Tptc Foundation holds $8K in total assets with $750K in annual revenue. It awarded 11 grants totaling $940K in 2024.
Where does Grace Tptc Foundation operate?
Grace Tptc Foundation has awarded grants in California, Colorado, District of Columbia, Michigan, Minnesota, Missouri, North Carolina, New York, Oklahoma, Tennessee, Texas, Virginia.
What size grants does Grace Tptc Foundation award?
In 2024, Grace Tptc Foundation awarded 11 grants totaling $940K — an average of about $85K per grant, based on its IRS Form 990 filings.
How much is Grace Tptc Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Grace Tptc Foundation reported a distributable amount of $7K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Grace Tptc Foundation's EIN?
Grace Tptc Foundation's EIN (Employer Identification Number) is 26-3968254. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Grace Tptc Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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