The Grace Foundation
The mission of the Grace Foundation is to financially support the ministry of grace school of theology in order to realize its vision- to develop spiritual leaders in every nation who can teach others about the love of christ, a love that cannot be earned and cannot be lost.
The Grace Foundation at a glance
In short: The Grace Foundation gave $1.1M across 1 grant in 2025 (avg $1.1M), mostly in Texas. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $1,060,000
- -44.2% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $1,060,000
- -44.2% vs 2024
- Median grant
- $1,060,000
- Total assets
- $2,960,975
- +1.3% vs 2024
- Primary geography
- Texas (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
The largest 2025 recipient was Grace School of Theology ($1.1M).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $1–5M range: 4 grants of 5 (80%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How The Grace Foundation gives
- Giving fell 41% 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
From 2019 to 2025, annual grant giving ranged from $580K (2021) to $3.3M (2019). In 2025 it made 1 grant totaling $1.1M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Grace School of Theology The Woodlands, TX | Educational Purposes | $1,060,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $2,960,975 | $1,231,855 | $1,075,612 | $1,060,000 | 1 | $156,855 |
| 2024 | $2,923,609 | $1,568,550 | $1,920,299 | $1,899,000 | 1 | $83,998 |
| 2023 | $3,424,194 | $1,621,609 | $2,064,608 | $2,050,000 | 1 | $421,609 |
| 2022 | $3,611,326 | $1,419,837 | $1,806,732 | $1,795,200 | 1 | $-206,315 |
| 2021 | $3,737,998 | $2,485,133 | $586,895 | $580,000 | 1 | $298,979 |
| 2020 | $2,411,460 | $2,237,992 | $2,805,330 | $2,796,000 | 1 | $-38,108 |
| 2019 | $2,318,441 | $2,227,549 | $3,345,348 | $3,329,000 | 1 | $77,549 |
About The Grace Foundation
Based on IRS filings
The Grace Foundation is a public charity, based in The Woodlands, TX. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $3.0M in total assets. In 2025, it awarded 1 grant totaling $1.1M. Net investment income was $157K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
The Grace Foundation is led by John Romain, President since 2022 (on filings since 2019); none of the 7 officers listed in 2025 report compensation.
Officers on the 2025 filing
John Romain
President
Trustee → President, 2022
On filings since 2019
1 hr/week
No compensation reported
David Anderson
Trustee
On filings since 2019
1 hr/week
No compensation reported
John Allison
Trustee
On filings since 2019
1 hr/week
No compensation reported
Mark Albers
Trustee
On filings since 2019
1 hr/week
No compensation reported
Scott McEwen
Trustee
On filings since 2019
1 hr/week
No compensation reported
Tom Gardner
Trustee
On filings since 2023
1 hr/week
No compensation reported
Robert King
COO
On filings since 2024
1 hr/week
No compensation reported
Former officers (4)
- Former: Clint Dixon (2023) — Secretary
- Former: Glen Walden (2019–2022) — Trustee
- Former: Daniel Labry (2020–2022) — Secretary
- Former: Thomas Kruppstadt (2019) — Secretary
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 $1.1M across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $1.9M across 1 grant.
How large is The Grace Foundation?
The Grace Foundation reported $3.0M in total assets on its 2025 IRS Form 990. Its revenue that year was $1.2M.
Where does The Grace Foundation operate?
The Grace Foundation has awarded grants in Texas.
What is The Grace Foundation's EIN?
The Grace Foundation's EIN (Employer Identification Number) is 36-4793159. 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
- Updated Form 990 for fiscal year 2024 (received by the IRS April 9, 2025)
- Updated Form 990 for fiscal year 2025 (received by the IRS May 15, 2026)
- Updated Form 990 for fiscal year 2019 (received by the IRS July 14, 2020)
- Updated Form 990 for fiscal year 2020 (received by the IRS May 14, 2021)
- Added Form 990 for fiscal year 2021 (received by the IRS May 16, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS May 15, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS May 10, 2024)
Live grants for the work The Grace Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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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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