The Frank and Margaret Race

CEDAR RAPIDS, IA EIN: 42-0925360

The Frank and Margaret Race is a nonprofit organization, based in CEDAR RAPIDS, IA. IRS filing data is available from 2020 through 2024. In 2024, it awarded 7 grants totaling $60K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$60K

+1.0% YoY

Grant Count

7

-36.4% YoY

Avg Grant Size

$9K

+58.7% YoY

About The Frank and Margaret Race

Based on IRS filings

The Frank and Margaret Race is a nonprofit organization, based in CEDAR RAPIDS, IA. IRS filing data is available from 2020 through 2024. In 2024, it awarded 7 grants totaling $60K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

12states
+4 more states

Cities

BOONECEDAR RAPIDSCHICAGOELGINENGLEWOODESTES PARKFORT MEYERSFORT MYERSFORT WAYNEGARDEN VALLEYGRANDVIEWGRAPEVINEHOLLY SPRINGSINDIANAPOLISMADISONMANHATTANMESAMIAMINEWPORT BEACHORLANDO

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$30K$61K$91K$122K18 grants202014 grants202111 grants202211 grants20237 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

ALL NATIONS FAMILY$12KSTANDING STONE MINISTRY$12KYWAM$12KPIONEER BIBLE TRANSLATORS$8KONE FOR ISRAEL$7KPREBORN ABORTION ALTERNA…$5KCHRISTIAN CHURCH OF ESTE…$4K

Grant Size Distribution

61 grants across all recorded years

61<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JOSEPH R RUSSOPRESIDENT1
ALAN BRINKMANSEC'Y/TREAS1
DAWN MCDANIELBOARD MEMBER1
SUSIE HARRISONBOARD MEMBER1
TONI BAINBOARD MEMBER1

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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