Hazel & Henry S Grace Foundation
Hazel & Henry S Grace Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WICHITA FALLS, TX. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $153K in total assets. In 2024, it awarded 23 grants totaling $55K. Net investment income was $9K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$153K
-23.8% YoY
Annual Giving
$55K
+1.3% YoY
Grant Count
23
+0.0% YoY
Avg Grant Size
$2K
+1.3% YoY
Under IRS private-foundation payout rules, Hazel & Henry S Grace Foundation reported a distributable amount of $9K for 2024 — the minimum it must pay out in qualifying distributions.
About Hazel & Henry S Grace Foundation
Based on IRS filings
Hazel & Henry S Grace Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WICHITA FALLS, TX. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $153K in total assets. In 2024, it awarded 23 grants totaling $55K. Net investment income was $9K.
Focus Areas
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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 | $152,878 | $200,627 | $250,274 |
| Revenue | $14,688 | $11,086 | $16,783 |
| Expenses | $62,437 | $60,733 | $70,857 |
| Qualifying Distributions | $56,140 | $55,118 | $64,793 |
| Net Investment Income | $8,509 | $5,548 | $10,870 |
| Distributable Amount | $9,427 | $11,338 | $15,601 |
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
91 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Camp Fire ($10,000), Hospice of Wichita Falls ($5,000), Southside Youth Senter ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BIG BROTHERS BIG SISTERS OF WICHITA COUNTY WICHITA FALLS, TX | OPERATIONS | $1,000 |
| CAMP FIRE WICHITA FALLS, TX | OPERATIONS | $10,000 |
| CHILD ADVOCATES - CASA OF RED RIVER WICHITA FALLS, TX | OPERATIONS | $1,000 |
| DOWNTOWN WICHITA FALLS DEVELOPMENT WICHITA FALLS, TX | OPERATIONS | $1,000 |
| FAITH REFUGE WICHITA FALLS, TX | OPERATIONS | $2,500 |
| FIRST UNITED METHODIST CHURCH WICHITA FALLS, TX | OPERATIONS | $1,000 |
| GREATER WICHITA FALLS FCA WICHITA FALLS, TX | OPERATIONS | $1,000 |
| GRIDIRON HEROES SCHERTZ, TX | OPERATIONS | $1,000 |
| HANDS TO HANDS COMMUNITY FUND WICHITA FALLS, TX | OPERATIONS | $3,000 |
| HOSPICE OF WICHITA FALLS WICHITA FALLS, TX | OPERATIONS | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LEE GRACE | PRESIDENT | 0.5 | — |
| DAN SHORES | VICE-PRESIDENT | — | — |
| DANA TAYLOR | SECRETARY/TREASURER | 0.5 | — |
| CARLA EDWARDS | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Hazel & Henry S Grace Foundation?
Hazel & Henry S Grace Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WICHITA FALLS, TX. It holds $153K in total assets as of 2024.
How large is Hazel & Henry S Grace Foundation?
As of 2024, Hazel & Henry S Grace Foundation holds $153K in total assets with $15K in annual revenue. It awarded 23 grants totaling $55K in 2024.
Where does Hazel & Henry S Grace Foundation operate?
Hazel & Henry S Grace Foundation has awarded grants in Florida, Tennessee, Texas.
What size grants does Hazel & Henry S Grace Foundation award?
In 2024, Hazel & Henry S Grace Foundation awarded 23 grants totaling $55K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Hazel & Henry S Grace Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Hazel & Henry S Grace Foundation reported a distributable amount of $9K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Hazel & Henry S Grace Foundation's EIN?
Hazel & Henry S Grace Foundation's EIN (Employer Identification Number) is 75-1762642. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Hazel & Henry S Grace 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.