The Gragg Foundation

Organization Overview

The Gragg Foundation is located in Palestine, TX. The organization was established in 2007. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gragg Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Gragg Foundation generated $227.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $187.5k during the year ending 12/2021. While expenses have increased by 3.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Gragg Foundation has awarded 144 individual grants totaling $1,089,600. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

N/A


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $100,000
Interest on Savings $29
Dividends & Interest $127,065
Net Rental Income$0
Net Gain on Sale of Assets $0
Capital Gain Net Income $91,713
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $227,094

Grants Awarded

Over the last fiscal year, The Gragg Foundation has awarded $185,000 in support to 21 organizations.

Grant RecipientAmount

ST VINCENT DE PAUL SOCIETY

PURPOSE: GENERAL & UNRESTRICTED

$18,000

CAYUGA HIGH SCHOOL

PURPOSE: SCHOLARSHIPS

$10,000

NECHES HIGH SCHOOL

PURPOSE: SCHOLARSHIPS

$10,000

WESTWOOD HIGH SCHOOL

PURPOSE: SCHOLARSHIPS

$10,000

LA POYNER HIGH SCHOOL

PURPOSE: SCHOLARSHIPS

$10,000

OAKWOOD HIGH SCHOOL

PURPOSE: SCHOLARSHIPS

$10,000
View Grant Profile

Peer Organizations

Organization NameAssets
Brown Foundation Inc
Houston, TX
$115,841,262
Moody Foundation
Galveston, TX
$132,742,251
Alice L Walton Foundation
Bentonville, AR
$449,327,995
Edward N And Della L Thome Memorial Foundation
Dallas, TX
$21,555,807
Burnett Foundation
Fort Worth, TX
$2,811,908
Jesus Fund
Little Rock, AR
$128,635,887
Rapier Family Foundation
San Antonio, TX
$1,321,420
Dan L Duncan Family Foundation
Houston, TX
$27,292,814
Fmh Foundation
Midland, TX
$148,706,487
Inasmuch Foundation
Oklahoma City, OK
$49,887,073
Ting Tsung And Wei Fong Chao Foundation
Houston, TX
$21,447,473
William K Warren Foundation
Tulsa, OK
$38,179,587

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