Grace Works Jersey City Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in JERSEY CITY, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.3M in total assets. In 2024, it awarded 7 grants totaling $433K. Net investment income was $208K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.3M
-9.4% YoY
Annual Giving
$433K
+57.5% YoY
Grant Count
7
+16.7% YoY
Avg Grant Size
$62K
+35.0% YoY
Under IRS private-foundation payout rules, Grace Works Jersey City Inc reported a distributable amount of $222K for 2024 — the minimum it must pay out in qualifying distributions.
About Grace Works Jersey City Inc
Based on IRS filings
Grace Works Jersey City Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in JERSEY CITY, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.3M in total assets. In 2024, it awarded 7 grants totaling $433K. Net investment income was $208K.
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 | $2,273,955 | $2,510,209 | $2,633,406 |
| Revenue | $208,022 | $153,235 | $97,903 |
| Expenses | $437,964 | $277,707 | $380,971 |
| Qualifying Distributions | $433,065 | $275,000 | $368,000 |
| Net Investment Income | $208,022 | $143,681 | $63,878 |
| Distributable Amount | $221,940 | $186,877 | $198,781 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
38 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Grace Community Services ($174,000), Grace Church Van Vorst ($139,065), Welcome Home Jersey City ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| GRACE CHURCH VAN VORST JERSEY CITY, NJ | GENERAL OPERATIONS;SUPPORT FOR DIVERSE MINISTRIES;FACILITY IMPROVEMENTS | $139,065 |
| GRACE COMMUNITY SERVICES JERSEY CITY, NJ | General Operations; Meals for the Homeless; Senior Services | $174,000 |
| FAMILY PROMISE OF HUDSON COUNTY JERSEY CITY, NJ | General Operations; Support for Sheltering of the Homeless | $40,000 |
| EDUCATIONAL ARTS TEAM JERSEY CITY, NJ | FAMILY COMMUNITY PROGRAMS | $10,000 |
| NEW CITY KIDS GRAND RAPIDS, MI | AFTER SCHOOL ACTIVITIES | $15,000 |
| SARAH'S DAUGHTERS JERSEY CITY, NJ | SERVICES FOR FAMILIES OF DOMESTIC VIOLENCE | $5,000 |
| WELCOME HOME JERSEY CITY JERSEY CITY, NJ | SUPPORT FOR REFUGEES IN AREA | $50,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CHARLES METZGER | President | 3 | — |
| FELICIA RECTOR | Treasurer | 1 | — |
| JULIE DALTON | Secretary | 0.5 | — |
| ARLENE HAMPTON | Trustee | 0.5 | — |
| BAYLA KALLSTROM | Vice President | 0.5 | — |
| JACK PESTANER | Trustee | 0.5 | — |
| DENISE PRUITT | Trustee | 0.5 | — |
| JENN DICKENSON | Trustee | 0.5 | — |
| BRET SCHUNDLER | Trustee | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Grace Works Jersey City Inc?
Grace Works Jersey City Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in JERSEY CITY, NJ. It holds $2.3M in total assets as of 2024.
How large is Grace Works Jersey City Inc?
As of 2024, Grace Works Jersey City Inc holds $2.3M in total assets with $208K in annual revenue. It awarded 7 grants totaling $433K in 2024.
Where does Grace Works Jersey City Inc operate?
Grace Works Jersey City Inc has awarded grants in Michigan, New Jersey.
What size grants does Grace Works Jersey City Inc award?
In 2024, Grace Works Jersey City Inc awarded 7 grants totaling $433K — an average of about $62K per grant, based on its IRS Form 990 filings.
How much is Grace Works Jersey City Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Grace Works Jersey City Inc reported a distributable amount of $222K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Grace Works Jersey City Inc's EIN?
Grace Works Jersey City Inc's EIN (Employer Identification Number) is 22-2885442. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Grace Works Jersey City Inc'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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