William M & Ann K Grace Foundation
The William M & Ann K Grace Foundation is a private foundation based in Scottsdale, Arizona. It provides scholarships to students at all levels of schooling and supports scholarship funds, schools, pediatric cancer research, and families dealing with pediatric cancer.
William M & Ann K Grace Foundation at a glance
In short: William M & Ann K Grace Foundation gave $554K across 66 grants in 2024 (avg $8K), top state Ohio. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $554,078
- -19.0% vs 2023
- Grants made (2024)
- 66
- -27.5% vs 2023
- Average grant
- $8,395
- +11.6% vs 2023
- Median grant
- $4,000
- Total assets
- $12,456,710
- -2.5% vs 2023
- Primary geography
- Ohio (36% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
How to apply to William M & Ann K Grace Foundation
- How to Apply
-
Request a scholarship application from the foundation. The filing lists the William and Ann Grace Foundation as the contact for applications.
- Review Cycle
- March 1 each year.
- Deadline
- March 1 each year.
- Contact
Application contact: William And Ann Grace Foundation
Mailing address: 6925 E Indian School Rd, Scottsdale, AZ 85251
Phone: (602) 956-8254
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who William M & Ann K Grace Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Cincinnati Children's Hospital ($198K). Together the top 10 received $350K.
Organizations only. It also paid 2 individual scholarships ($8,771), which are not listed by name.
Grant Size Distribution
477 grants across all recorded years
The most common grant size was under $50K: 471 grants of 477 (99%).
Geographic Focus
Where this funder awards grants
The foundation says it awards grants and scholarships primarily in Arizona and Northwest Missouri. In 2024, grant dollars went mainly to recipients in Ohio (36%), Missouri (29%), Pennsylvania (15%), Arizona (9%), and Iowa (5%).
Grant Distribution by State
Share of 2024 grant dollars across all 66 itemized grants.
States
Cities
How William M & Ann K Grace Foundation gives
- Giving fell 56% from 2021 to 2024. Method
- In 2024 it paid out 187% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $544K (2020) to $1.3M (2021). In 2024 it made 66 grants totaling $554K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Cincinnati Children's Hospital Cincinatti, OH | Youth Health | $198,312 |
| Children's Oncology Group Foundation Philadelphia, PA | Youth Health | $83,333 |
| Phoenix Children's Foundation Phoenix, AZ | General Support | $12,500 |
| University of Arizona Foundation Tucson, AZ | Youth Enhancement | $10,500 |
| M Martin Columbia, MO | Scholarship Award | $10,000 |
| A Martin Warrensburg, MO | Scholarship Award | $8,000 |
| K Anthony Maryville, MO | Scholarship Award | $8,000 |
| A Bonnell New Orleans, LA | Scholarship Award | $7,000 |
| T Peterson Iowa City, IA | Scholarship Award | $6,250 |
| S Anthony Maryville, MO | Scholarship Award | $6,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $12,456,710 | $250,734 | $571,177 | $554,078 | 66 | $554,078 | $250,734 | $296,121 |
| 2023 | $12,772,374 | $558,452 | $696,927 | $684,274 | 91 | $684,274 | $558,452 | $624,227 |
| 2022 | $12,889,816 | $327,831 | $962,389 | $931,391 | 92 | $931,391 | $162,473 | $632,565 |
| 2021 | $13,640,985 | $55,955 | $1,273,583 | $1,250,916 | 97 | $1,266,797 | $50,627 | $655,777 |
| 2020 | $14,674,632 | $1,780,071 | $577,421 | $544,311 | 131 | — | $63,266 | $750,806 |
Under IRS private-foundation payout rules, William M & Ann K Grace Foundation reported a distributable amount of $296K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation provides individual scholarships based on merit or need, awards grants to existing scholarship funds, and gives grants directly to schools for facilities, scholarships, or general support. It also supports pediatric research and families dealing with pediatric cancer.
Among its grantees, the Children’s Oncology Group Foundation says it helps support the research of the Children’s Oncology Group, which it describes as the world’s largest organization devoted exclusively to childhood and adolescent cancer research. The University of Arizona Foundation says it supports and enhances the university’s vision, mission, and values through the development and management of private support.
Grantmaking
In 2024, the foundation reported 66 grants totaling $554,078. Grant amounts ranged from $520 to $198,312, with a median of $4,000. The largest awards included $198,312 to Cincinnati Children’s Hospital for youth health and $83,333 to the Children’s Oncology Group Foundation for youth health. Other notable grants included $12,500 to Phoenix Children’s Foundation for general support and $10,500 to the University of Arizona Foundation for youth enhancement.
The foundation’s filing states that its scholarship application is available to anyone who requests one and can be obtained by contacting the foundation. Scholarships are offered for private grade schools, high schools, colleges, and universities, based on merit or need.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Howard Grace, William Grace, and Heather Kaiser as trustees. The foundation’s website identifies Kate Kaiser as President of the Grace Foundation.
William M & Ann K Grace Foundation's 2024 filing lists 3 officers; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Heather Kaiser
Trustee
On filings since 2020
No compensation reported
Howard Grace
Trustee
On filings since 2020
0.5 hrs/week
No compensation reported
William Grace
Trustee
On filings since 2020
0.5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 William M & Ann K Grace Foundation
How much does William M & Ann K Grace Foundation give each year?
William M & Ann K Grace Foundation gave $554K across 66 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $684K across 91 grants.
What is William M & Ann K Grace Foundation's typical grant size?
William M & Ann K Grace Foundation's median grant in 2024 was $4,000, and its average grant was $8,395, across 66 grants on its 2024 IRS Form 990-PF.
Where does William M & Ann K Grace Foundation give grants?
William M & Ann K Grace Foundation's top state is Ohio, with 36% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Missouri (29%) and Pennsylvania (15%). The most frequent recipient cities were Maryville, MO (18 grants), Kansas City, MO (4 grants), Tucson, AZ (3 grants) and Phoenix, AZ (3 grants).
Does William M & Ann K Grace Foundation give general operating support?
Occasionally: 3% of William M & Ann K Grace Foundation's 2024 grants with a stated purpose (2 of 66) were for general or operating support, per its 2024 IRS Form 990-PF. Recurring purposes include "Scholarship Award" (57 grants) and "Youth Health" (3 grants).
Who are William M & Ann K Grace Foundation's largest grantees?
William M & Ann K Grace Foundation's largest 2024 grantees include Cincinnati Children's Hospital ($198,312), Children's Oncology Group Foundation ($83,333) and Phoenix Children's Foundation ($12,500), according to its 2024 IRS Form 990-PF. It also paid 2 individual scholarships ($8,771), which are not listed by name. Together they received 53% of its itemized 2024 grant dollars.
How large is William M & Ann K Grace Foundation?
William M & Ann K Grace Foundation reported $12.5M in total assets on its 2024 IRS Form 990-PF. It paid out $554K in qualifying distributions that year, against a required minimum of $296K (roughly 5% of its investment assets).
What does William M & Ann K Grace Foundation fund?
The foundation provides individual scholarships based on merit or need, awards grants to existing scholarship funds, and gives grants directly to schools for facilities, scholarships, or general support. It also supports pediatric research and families dealing with pediatric cancer. See mission & focus areas ↑
How do I apply for a grant from William M & Ann K Grace Foundation?
Request a scholarship application from the foundation. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is William M & Ann K Grace Foundation's EIN?
William M & Ann K Grace Foundation's EIN (Employer Identification Number) is 56-2529760. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work William M & Ann K Grace Foundation funds
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Cite this profile
Grantable. (2026). William M & Ann K Grace Foundation funder profile. GrantGraph. Retrieved October 23, 2026, from https://grantable.co/funders/william-m-and-ann-k-grace-foundation-morg_276eea92c12c4715b76af4fcb7a55162
BibTeX
@misc{grantable_562529760_2026,
author = {{Grantable}},
title = {{William M \& Ann K Grace Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/william-m-and-ann-k-grace-foundation-morg_276eea92c12c4715b76af4fcb7a55162},
note = {Accessed 2026-10-23. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from William M & Ann K 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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