Jean Lykes Grace Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.9M in total assets. In 2024, it awarded 25 grants totaling $138K. Net investment income was $191K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.9M
+2.8% YoY
Annual Giving
$138K
+15.0% YoY
Grant Count
25
-3.8% YoY
Avg Grant Size
$6K
+19.6% YoY
Under IRS private-foundation payout rules, Jean Lykes Grace Foundation reported a distributable amount of $133K for 2024 — the minimum it must pay out in qualifying distributions.
About Jean Lykes Grace Foundation
Based on IRS filings
Jean Lykes Grace Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.9M in total assets. In 2024, it awarded 25 grants totaling $138K. Net investment income was $191K.
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 | $1,895,838 | $1,844,339 | $1,692,634 |
| Revenue | $210,017 | $293,700 | $143,488 |
| Expenses | $156,916 | $141,995 | $116,958 |
| Qualifying Distributions | $138,000 | $120,000 | $100,000 |
| Net Investment Income | $191,101 | $271,705 | $126,530 |
| Distributable Amount | $133,124 | $114,304 | $114,593 |
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
155 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include St Andrew's Episcopal Church ($32,000), Baylor University ($10,000), Compassion International ($8,000).
| Recipient | Purpose | Amount |
|---|---|---|
| RED COLLAR RESCUE HOUSTON, TX | SUPPORT | $5,000 |
| RIVER OAKS BAPTIST SCHOOL HOUSTON, TX | SUPPORT | $1,750 |
| BAYLOR UNIVERSITY WACO, TX | SUPPORT | $10,000 |
| AMISTAD MISSION NASHVILLE, TN | SUPPORT | $5,000 |
| SECOND BAPTIST SCHOOL HOUSTON, TX | SUPPORT | $2,250 |
| CHRISTIAN COMMUNITY SERVICE CENTER HOUSTON, TX | SUPPORT | $5,000 |
| MERCY SHIPS LINDALE, TX | SUPPORT | $5,000 |
| KSBJ EDUCATION FDN HUMBLE, TX | SUPPORT | $5,000 |
| EPIPHANY COMMUNITY HEALTH OUTREACH HOUSTON, TX | SUPPORT | $6,000 |
| COMPASSION INTERNATIONAL COLORADO SPRINGS, CO | SUPPORT | $8,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| THE REV JAMES M L GRACE | President | 1 | — |
| CHARLOTTE GROVE | Secretary | 1 | — |
| COLIN SUNDERLAND | Director | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Jean Lykes Grace Foundation?
Jean Lykes Grace Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. It holds $1.9M in total assets as of 2024.
How large is Jean Lykes Grace Foundation?
As of 2024, Jean Lykes Grace Foundation holds $1.9M in total assets with $210K in annual revenue. It awarded 25 grants totaling $138K in 2024.
Where does Jean Lykes Grace Foundation operate?
Jean Lykes Grace Foundation has awarded grants in Arkansas, Colorado, District of Columbia, Florida, Kentucky, New York, Tennessee, Texas, Virginia.
What size grants does Jean Lykes Grace Foundation award?
In 2024, Jean Lykes Grace Foundation awarded 25 grants totaling $138K — an average of about $6K per grant, based on its IRS Form 990 filings.
How much is Jean Lykes Grace Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Jean Lykes Grace Foundation reported a distributable amount of $133K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Jean Lykes Grace Foundation's EIN?
Jean Lykes Grace Foundation's EIN (Employer Identification Number) is 30-0437493. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Jean Lykes 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.
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