The Grace Foundation

FAYETTEVILLE, NC EIN: 56-2006078

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$352K

+3.7% YoY

Annual Giving

$8K

-95.9% YoY

Grant Count

6

+0.0% YoY

Avg Grant Size

$1K

-95.9% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$51K$102K$154K$205K20202021202220232024
Metric202420232022
Total Assets$352,497$339,830$362,110
Revenue$31,476$163,968$5,583
Expenses$18,767$186,204$11,961
Qualifying Distributions$7,500$180,836$6,000
Net Investment Income$10,928$9,408$3,122
Distributable Amount$16,358$18,476$18,048

Giving Over Time

Total grant dollars and number of grants per year

$0$45K$90K$136K$181K5 grants20205 grants20212 grants20226 grants20236 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

WRTP-HIS$5KWESTERN CAROLINA UNIVERS…$500IMMANUEL FWBC$500EASTMAN SCHOOL OF MUSIC$500PENSACOLA CHRISTIAN COLL…$500GRACE MINISTRIES OF DURH…$500

Grant Size Distribution

24 grants across all recorded years

23<$50K$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does The Grace Foundation fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
CHARLENE HAMLETTPRESIDENT

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

5states

Cities

ClintonCullowheeDurhamFayettevillePensacolaRaleighRochesterRoxboroVirginia Beach

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

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