The Grace Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TULSA, OK. IRS filing data is available from 2020 through 2023. In 2023, it awarded 7 grants totaling $626K. Net investment income was $51K.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$626K
+2259.9% YoY
Grant Count
7
+250.0% YoY
Avg Grant Size
$89K
+574.3% YoY
Under IRS private-foundation payout rules, The Grace Foundation reported a distributable amount of $28K for 2023 — the minimum it must pay out in qualifying distributions.
About The Grace Foundation
Based on IRS filings
The Grace Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TULSA, OK. IRS filing data is available from 2020 through 2023. In 2023, it awarded 7 grants totaling $626K. Net investment income was $51K.
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 | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | — | $575,822 | $606,527 |
| Revenue | $55,817 | $5,999 | $107,636 |
| Expenses | $631,639 | $32,784 | $40,699 |
| Qualifying Distributions | $627,290 | $26,505 | $35,037 |
| Net Investment Income | $51,356 | $10,662 | $101,974 |
| Distributable Amount | $28,417 | $31,294 | $32,848 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2023
Grant Size Distribution
35 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2023 grants, the largest include Tulsa Botanic Gardens ($619,000), The Salvation Army ($2,000), Helping Hands Ministry - First Presbyterian Church ($1,000).
| Recipient | Purpose | Amount |
|---|---|---|
| TULSA BOTANIC GARDENS TULSA, OK | GENERAL SUPPORT | $619,000 |
| THE SALVATION ARMY TULSA, OK | GENERAL SUPPORT | $2,000 |
| HELPING HANDS MINISTRY - FIRST PRESBYTERIAN CHURCH TULSA, OK | GENERAL SUPPORT | $1,000 |
| TULSA GIRLS' ART SCHOOL TULSA, OK | GENERAL SUPPORT | $1,000 |
| NEW HOPE OKLAHOMA TULSA, OK | GENERAL SUPPORT | $1,000 |
| JOHN 316 MISSION TULSA, OK | GENERAL SUPPORT | $1,000 |
| TULSA TOWN HALL TULSA, OK | GENERAL SUPPORT | $500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CHERRY L BOST | TRUSTEE | 1.5 | — |
| JAY B BOST | TRUSTEE | 1.5 | — |
| SARA BOST FISHER | TRUSTEE | 1.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Grace Foundation?
The Grace Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TULSA, OK. It holds — in total assets as of 2023.
Where does The Grace Foundation operate?
The Grace Foundation has awarded grants in Kansas, North Carolina, Oklahoma, Virginia.
What size grants does The Grace Foundation award?
In 2023, The Grace Foundation awarded 7 grants totaling $626K — an average of about $89K per grant, based on its IRS Form 990 filings.
How much is The Grace Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2023, The Grace Foundation reported a distributable amount of $28K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Grace Foundation's EIN?
The Grace Foundation's EIN (Employer Identification Number) is 35-2519978. IRS Form 990 filing data is available on this page for 2020–2023.
Explore Open Grants
Browse active grant opportunities in The 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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