Province & Grace Inc

Private foundation · Grantmaker Richmond, TX EIN: 30-2421441

Province & Grace Inc is a private foundation based in Richmond, Texas. Its 2024 filing reports 15 grants totaling $1,435,260, with grants identified as general funding.

Key facts about Province & Grace Inc

In short: Province & Grace Inc gave $1.4M across 15 grants in 2024 (avg $96K), mostly in Texas. 47% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

EIN
30-2421441
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$1,435,260
Grants made (2024)
15
Average grant
$95,684
Median grant
$6,000
New grantees (estimate)
47% first-time grantees (7 of 15, 2024; small sample)
Total assets
$22,764,218
Primary geography
Texas (65% of itemized 2024 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓

Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$22.8M

-4.5% YoY

Annual Giving

$1.4M

-3.1% YoY

Grant Count

15

+50.0% YoY

Avg Grant Size

$96K

-35.4% YoY

Under IRS private-foundation payout rules, Province & Grace Inc reported a distributable amount of $1.4M for 2024 — the minimum it must pay out in qualifying distributions.

Is Province & Grace Inc open to new grantees?

47%

first-time grantees, 2024

In 2024, 7 of 15 grantees (47%) were first-time recipients. With only 15 grantees, that is a small sample: one grantee more or less moves the share by about 7 points. First grants averaged $90K; repeat grants $101K. How we count

Medians: $6K first-time, $6K repeat.

  • 33% of 2024 grantees were also funded in 2023. Method
  • Giving grew 60% from 2021 to 2024. Method
  • In 2024 it paid out 103% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2018–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2024 grants included support for organizations with a range of missions. Favor International describes its work as serving and mobilizing leaders in war-affected regions of Africa to transform their communities through the Gospel and community development. Andrew Wommack Ministries says it teaches the truth of the Gospel through broadcast, print, and online media. Oklahoma State University Foundation describes its mission as uniting donor passions with university priorities to elevate the university’s impact.

Grantmaking

In 2024, the foundation reported 15 grants totaling $1,435,260. Grants ranged from $1,000 to $600,000, with a median grant of $6,000. The largest reported grants included $600,000 to Sparks Tape Ministry, $432,000 to Emmanuel Church, and $320,000 to FT Bend Women Center. Other listed recipients included Favor International ($35,000), Atoka High School Alumni Association ($10,010), Houston Food Bank ($6,000), and American Red Cross ($6,000).

How to Apply

The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.

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Geographic Focus

Where this funder awards grants

In 2024, 65% of grant dollars went to recipients in Texas, 31% to Oklahoma, and 3% to Florida. The filing also reports shares of 0% for recipients in Washington, DC, and Colorado.

Grant Distribution by State

10states

Share of 2024 grant dollars across all 15 itemized grants.

Cities

HoustonRichmondTulsaStillwaterBradentonNortonPhoenixRosenbergWeatherfordAtokaValricoAlexandriaFentonFort WorthGuthrieJacksonvilleMemphisOklahoma CityOrlandoSugar Land

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M16 grants2018 16 grants2020 8 grants2021 11 grants2022 10 grants2023 15 grants2024

From 2018 to 2024, annual grant giving ranged from $896K (2021) to $1.5M (2023). In 2024 it made 15 grants totaling $1.4M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Sparks Tape Ministry: $600KSparks Tape Ministry$600KEmmanuel Church: $432KEmmanuel Church$432KFT Bend Women Center: $320KFT Bend Women Center$320KFavor International: $35KFavor International$35KAtoka High School Alumni Association: $10KAtoka High School AlumniAssociation$10KHouston Food Bank: $6KHouston Food Bank$6KAmerican Red Cross: $6KAmerican Red Cross$6KAndrew Wommack Ministries Inc: $6KAndrew Wommack Ministries Inc$6KJoyce Meyer Ministries Inc: $6KJoyce Meyer Ministries Inc$6KNCPA Foundation: $5KNCPA Foundation$5K

The largest 2024 recipient was Sparks Tape Ministry ($600K). Together the top 10 received $1.4M.

Grant Size Distribution

60 grants across all recorded years

37<$50K7$50–100K3$100–250K7$250–500K6$500K–1M$1–5M$5M+

The most common grant size was under $50K: 37 grants of 60 (62%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Sparks Tape Ministry Sugar Land, TXGeneral Funding$600,000
Emmanuel Church Tulsa, OKGeneral Funding$432,000
FT Bend Women Center Richmond, TXGeneral Funding$320,000
Favor International Valrico, FLGeneral Funding$35,000
Atoka High School Alumni Association Atoka, OKGeneral Funding$10,010
Houston Food Bank Houston, TXGeneral Funding$6,000
American Red Cross Washington, DCGeneral Funding$6,000
Andrew Wommack Ministries Inc Woodland Park, COGeneral Funding$6,000
Joyce Meyer Ministries Inc Fenton, MOGeneral Funding$6,000
NCPA Foundation Alexandria, VAGeneral Funding$5,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grant total Grant count
2024 $22,764,218 $1,135,826 $1,746,324 $1,435,260 15
2023 $23,844,134 $1,039,123 $1,743,322 $1,481,500 10
2022 $24,811,096 $766,091 $1,556,482 $1,257,600 11
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M2018 2020 2021 2022 2023 2024
Metric202420232022
Total Assets$22,764,218$23,844,134$24,811,096
Revenue$1,135,826$1,039,123$766,091
Expenses$1,746,324$1,743,322$1,556,482
Qualifying Distributions$1,435,260$1,481,500$1,257,600
Net Investment Income$329,744$281,350$486,614
Distributable Amount$1,392,345$1,298,923$1,323,840

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2018 (received by the IRS January 29, 2020)
  2. IRS filings on file for fiscal years 2018–2024

Leadership & Key People

Officers and directors from IRS filings

Province & Grace Inc is led by L David Sparks, President & Treasurer on every filing since 2018; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • L David Sparks

    President & Treasurer

    On filings since 2018

    1 hr/week

    No compensation reported

  • Bryan K Sparks

    Secretary

    On filings since 2018

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2018–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Contact

Mailing address: 11602 Haley Hollow, Richmond, TX 77407
Phone: (713) 503-9119

Frequently asked questions about Province & Grace Inc

How much does Province & Grace Inc give each year?

Province & Grace Inc gave $1.4M across 15 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.5M across 10 grants.

What is Province & Grace Inc's typical grant size?

Province & Grace Inc's median grant in 2024 was $6,000, and its average grant was $95,684, across 15 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Province & Grace Inc that year got $90K on average.

Where does Province & Grace Inc give grants?

Province & Grace Inc gives mostly in Texas: 65% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Oklahoma (31%). The most frequent recipient cities were Houston, TX (2 grants).

Does Province & Grace Inc give general operating support?

Yes: 100% of Province & Grace Inc's 2024 grants with a stated purpose (15 of 15) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are Province & Grace Inc's largest grantees?

Province & Grace Inc's largest 2024 grantees include Sparks Tape Ministry ($600,000), Emmanuel Church ($432,000) and FT Bend Women Center ($320,000), according to its 2024 IRS Form 990-PF. Together they received 94% of its itemized 2024 grant dollars.

How large is Province & Grace Inc?

Province & Grace Inc reported $22.8M in total assets on its 2024 IRS Form 990-PF. It paid out $1.4M in qualifying distributions that year, against a required minimum of $1.4M (roughly 5% of its investment assets).

What does Province & Grace Inc fund?

No mission statement for the foundation is provided. Its 2024 grants included support for organizations with a range of missions. See mission & focus areas ↑

How do I apply for a grant from Province & Grace Inc?

The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Province & Grace Inc's EIN?

Province & Grace Inc's EIN (Employer Identification Number) is 30-2421441. IRS Form 990 filing data is available on this page for 2018–2024.

Does Province & Grace Inc accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

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