The Daily Grace Foundation Inc is a private foundation focused on Religion Related, based in SPRING, TX. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $380K in total assets. In 2024, it awarded 22 grants totaling $288K. Net investment income was $8K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$380K
+21.9% YoY
Annual Giving
$288K
+6435.9% YoY
Grant Count
22
+266.7% YoY
Avg Grant Size
$13K
+1682.5% YoY
Under IRS private-foundation payout rules, The Daily Grace Foundation Inc reported a distributable amount of $15K for 2024 — the minimum it must pay out in qualifying distributions.
About The Daily Grace Foundation Inc
Based on IRS filings
The Daily Grace Foundation Inc is a private foundation focused on Religion Related, based in SPRING, TX. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $380K in total assets. In 2024, it awarded 22 grants totaling $288K. Net investment income was $8K.
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 | $380,325 | $312,013 | $150,056 |
| Revenue | $358,153 | $167,685 | $190,000 |
| Expenses | $289,841 | $5,728 | $166,544 |
| Qualifying Distributions | $287,581 | $4,400 | $165,665 |
| Net Investment Income | $8,153 | $7,685 | — |
| Distributable Amount | $15,068 | $12,196 | $5,751 |
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
42 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Radical ($250,000), Good Church ($20,000), Jewel Women's Center ($1,000).
| Recipient | Purpose | Amount |
|---|---|---|
| IMA'S HOME FOR CHILDREN LEAGUE CITY, TX | GENERAL | $500 |
| JEWEL WOMEN'S CENTER HAVE, PA | RESEARCH AND TESTING | $1,000 |
| PILLAR CHURCH CONROE CONROE, TX | RELIGIOUS AND MISSIONARY EFFORTS | $1,000 |
| NEARTOWN CHURCH HOUSTON, TX | RELIGIOUS AND MISSIONARY EFFORTS | $1,000 |
| TRINITY LOVE CHURCH SEAGOVILLE, TX | RELIGIOUS AND MISSIONARY EFFORTS | $1,000 |
| CRU DONATION - CAMPUS CRUSADE FOR CHRIST INT'L ORLANDO, FL | RELIGIOUS AND MISSIONARY EFFORTS | $1,000 |
| WHITFIELD BAPTIST CHURCH DALTON, GA | RELIGIOUS AND MISSIONARY EFFORTS | $710 |
| TEXAS BAPTISTS DALLAS, TX | RELIGIOUS AND MISSIONARY EFFORTS | $721 |
| SEVEN MARKS CHURCH RALEIGH, NC | RELIGIOUS AND MISSIONARY EFFORTS | $400 |
| MONTGOMERY COUNTY FOOD BANK CONROE, TX | GENERAL | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JEREMY SCHMUCKER | PRESIDENT | — | — |
| KRISTIN DAMORE | VICE-PRESIDENT | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Daily Grace Foundation Inc?
The Daily Grace Foundation Inc is a private foundation focused on Religion Related, based in SPRING, TX. It holds $380K in total assets as of 2024.
How large is The Daily Grace Foundation Inc?
As of 2024, The Daily Grace Foundation Inc holds $380K in total assets with $358K in annual revenue. It awarded 22 grants totaling $288K in 2024.
Where does The Daily Grace Foundation Inc operate?
The Daily Grace Foundation Inc has awarded grants in Alabama, District of Columbia, Florida, Georgia, Indiana, North Carolina, Ohio, Pennsylvania, Tennessee, Texas, Washington, Wisconsin.
What size grants does The Daily Grace Foundation Inc award?
In 2024, The Daily Grace Foundation Inc awarded 22 grants totaling $288K — an average of about $13K per grant, based on its IRS Form 990 filings.
How much is The Daily Grace Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Daily Grace Foundation Inc reported a distributable amount of $15K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Daily Grace Foundation Inc's EIN?
The Daily Grace Foundation Inc's EIN (Employer Identification Number) is 86-2774198. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in The Daily Grace Foundation 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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