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

Among its reported 2024 grants, the largest include All Nations Family ($12,000), Standing Stone Ministry ($12,000), Ywam ($12,000).

RecipientPurposeAmount
ALL NATIONS FAMILY GRANDVIEW, MOGENERAL SUPPORT$12,000
CHRISTIAN CHURCH OF ESTES PARK ESTES PARK, COGENERAL SUPPORT$4,153
ONE FOR ISRAEL GRAPEVINE, TXGENERAL SUPPORT$6,500
PIONEER BIBLE TRANSLATORS MANHATTAN, KSBIBLE TRANSLATION$8,000
PREBORN ABORTION ALTERNATIVE INDIANAPOLIS, INGENERAL SUPPORT$5,000
STANDING STONE MINISTRY NEWPORT BEACH, CAPASTORAL COUNSELING$12,000
YWAM GARDEN VALLEY, TXGENERAL SUPPORT$12,000

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

Frequently Asked Questions

Where does The Frank and Margaret Race operate?

The Frank and Margaret Race has awarded grants in Arizona, California, Colorado, Florida, Iowa, Illinois, Indiana, Kansas, Missouri, North Carolina, Texas, Wisconsin.

What size grants does The Frank and Margaret Race award?

In 2024, The Frank and Margaret Race awarded 7 grants totaling $60K — an average of about $9K per grant, based on its IRS Form 990 filings.

What is The Frank and Margaret Race's EIN?

The Frank and Margaret Race's EIN (Employer Identification Number) is 42-0925360. IRS Form 990 filing data is available on this page for 2020–2024.

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

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