The Grace Foundation

Public charity · Grantmaker Rochester, MN EIN: 30-0837869

To secure, cultivate, and distribute short-term and long-term financial resources on behalf of partner christian schools in the rochester area.

The Grace Foundation at a glance

In short: The Grace Foundation gave $77K across 1 grant in 2025 (avg $77K), mostly in Minnesota. Source: 2025 IRS Form 990.

Annual giving (2025)
$77,225
-40.0% vs 2024
Grants made (2025)
1
+0.0% vs 2024
Average grant
$77,225
-40.0% vs 2024
Median grant
$77,225
Total assets
$1,345,137
+25.4% vs 2024
Primary geography
Minnesota (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990, 2025 View filing

Data from IRS Form 990, 2025; updated September 2026.

Who The Grace Foundation funds

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Rochester Centeral Lutheran School: $77KRochester Centeral LutheranSchool$77K

The largest 2025 recipient was Rochester Centeral Lutheran School ($77K).

Grant Size Distribution

5 grants across all recorded years

1<$50K1$50–100K2$100–250K1$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $100–250K range: 2 grants of 5 (40%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

Rochester

How The Grace Foundation gives

  • Giving fell 74% from 2022 to 2025. Method

From the foundation's IRS Form 990 filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K3 grants2019 1 grant2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

From 2019 to 2025, annual grant giving ranged from $27K (2021) to $297K (2022). In 2025 it made 1 grant totaling $77K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Rochester Centeral Lutheran School Rochester, MN—$77,225
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2025$1,345,137$235,069$162,899$77,2251$30,145
2024$1,072,553$273,454$206,100$128,6311$23,602
2023$846,586$234,539$223,119$160,1841$16,172
2022$664,913$352,442$364,812$296,9011$12,070
2021$456,338$138,445$84,958$27,0751$6,534
2020$316,845$77,124$55,490$33,7881$3,428
2019$237,749$117,918$79,258$49,8523$4,119

About The Grace Foundation

Based on IRS filings

The Grace Foundation is a public charity focused on Arts, Culture & Humanities, based in Rochester, MN. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $1.3M in total assets. In 2025, it awarded 1 grant totaling $77K. Net investment income was $30K.

Leadership & Key People

Officers and directors from IRS filings

The Grace Foundation is led by Christian L. Baum MD, President on every filing since 2022; none of the 8 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Christian L. Baum MD

    President

    On filings since 2022

    No compensation reported

  • Scott Peloquin

    Treasurer

    Director → Board Member, 2022

    Board Member → Treasurer, 2023

    On filings since 2020

    No compensation reported

  • E. Paul Lindell MD

    Board Member

    On filings since 2022

    No compensation reported

  • Heather A. Heaton

    Secretary

    Board Member → Secretary, 2024

    On filings since 2022

    No compensation reported

  • Nick Brong

    Board Member

    On filings since 2024

    No compensation reported

  • Treavor Redlin

    Board Member

    On filings since 2024

    No compensation reported

  • Gabriel Christenson

    Board Member

    New on the 2025 filing

    No compensation reported

  • Katie Christenson

    Fundraising

    New on the 2025 filing

    No compensation reported

Former officers (7)
  • Former: Christie A. Atwell (2019–2024) — Board Member
  • Former: Peter Melsness (2019–2024) — Board Member
  • Former: Susanna Stone (2020–2024) — Board Member
  • Former: Kelly Horst MD (2024) — Board Member
  • Former: Brian Hanson (2019–2021) — Director
  • Former: Chris Baum (2019–2021) — President & Director
  • Former: Paul Lindell (2019–2021) — Director

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about The Grace Foundation

How much does The Grace Foundation give each year?

The Grace Foundation gave $77K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $129K across 1 grant.

How large is The Grace Foundation?

The Grace Foundation reported $1.3M in total assets on its 2025 IRS Form 990. Its revenue that year was $235K.

What is The Grace Foundation?

The Grace Foundation is a public charity focused on Arts, Culture & Humanities, based in Rochester, MN. It holds $1.3M in total assets as of 2025.

Where does The Grace Foundation operate?

The Grace Foundation has awarded grants in Minnesota.

What is The Grace Foundation's EIN?

The Grace Foundation's EIN (Employer Identification Number) is 30-0837869. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

Data update history

(7)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2019 (received by the IRS June 5, 2020)
  2. Updated Form 990 for fiscal year 2020 (received by the IRS March 24, 2021)
  3. Updated Form 990 for fiscal year 2021 (received by the IRS June 1, 2022)
  4. Updated Form 990 for fiscal year 2022 (received by the IRS May 15, 2023)
  5. Updated Form 990 for fiscal year 2023 (received by the IRS July 2, 2024)
  6. Updated Form 990 for fiscal year 2024 (received by the IRS October 15, 2025)
  7. Added Form 990 for fiscal year 2025 (received by the IRS May 13, 2026)

Live grants for the work The Grace Foundation funds

Arts, Culture & Humanities Open opportunities, soonest deadline first.

Explore Open Grants

Browse active grant opportunities in The Grace Foundation's focus areas in our free grants database

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from The Grace Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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