The Grace And Mercy Foundation Inc

Organization Overview

The Grace And Mercy Foundation Inc is located in New York, NY. The organization was established in 2007. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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.

For the year ending 12/2019, Grace And Mercy Foundation Inc generated $33.0m in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $29.1m during the year ending 12/2019. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Grace And Mercy Foundation Inc has awarded 371 individual grants totaling $74,649,446. 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

2019

Describe the Organization's Program Activity:

Part 3 - Line 4a

NOT APPLICABLE


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $14,126,735
Interest on Savings $7,692,339
Dividends & Interest $308,626
Net Rental Income$0
Net Gain on Sale of Assets $10,857,480
Capital Gain Net Income $10,857,480
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income -$27,370
Total Revenue $32,957,810

Grants Awarded

Over the last fiscal year, The Grace And Mercy Foundation Inc has awarded $22,685,090 in support to 66 organizations.

Grant RecipientAmount

THE FULLER FOUNDATION

PURPOSE: COMMUNITY

$7,000,000

FULLER THEOLOGICAL SEMINARY

PURPOSE: RELIGIOUS

$2,140,000

UNION RESCUE MISSION

Org PageRecipient Profile

Los Angeles, CA

PURPOSE: HUMANITARIAN

$2,000,000

FAITH COMES BY HEARING

PURPOSE: COMMUNITY

$1,300,000

RAVI ZACHARIAS INTERNATIONAL MINISTRIES

PURPOSE: RELIGIOUS

$1,200,000

GEORGE W BUSH PRESIDENTIAL CENTER

PURPOSE: COMMUNITY

$1,000,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that The Grace And Mercy Foundation Inc has recieved totaling $9,500,000.

Awarding OrganizationAmount
The Fuller Foundation

Pasadena, CA

PURPOSE: GENERAL SUPPORT

$9,500,000
View Grant Recipient Profile

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