Grace Hope & Faith Foundation
- Assets
- $166.1k
- Revenue
- $12.7k
- Investments
- $166.1k
- Employees
- 0
- Location
- Chantilly, VA
- Founding
- 04/1999
- Data as of
- 12/2023
- EIN
- 54-1876919
Organization Overview
Grace Hope & Faith Foundation is located in Chantilly, VA. The organization was established in 1999. 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. Grace Hope & Faith 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 12/2023, Grace Hope & Faith Foundation generated $12.7k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $18.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Grace Hope & Faith Foundation has awarded 76 individual grants totaling $108,263. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard E Beckwith Director | 1 | $0 | |
Kristine M U Beckwith Director | 0 | $0 | |
Sally P Beckwith Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,000 |
| Interest on Savings | $14 |
| Dividends & Interest | $6,812 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,853 |
| Capital Gain Net Income | $1,853 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $12,679 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $515 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,338 |
| Total operating and administrative expenses | $4,253 |
| Contributions, gifts, grants paid | $14,389 |
| Total expenses and disbursements | $18,642 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $45 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $166,110 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Grace Hope & Faith Foundation has awarded $14,389 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
YOUNG LIFE PURPOSE: GENERAL SUPPORT | $900 |
BITE ME CANCER PURPOSE: PUBLIC SUPPORT | $309 |
ST JAMES CATHOLIC CHURCH PURPOSE: PUBLIC SUPPORT | $1,000 |
YOUTH APOSTLES PURPOSE: PUBLIC SUPPORT | $250 |
YOUTH PASTOR SUPPORT PURPOSE: BENEVOLANCE | $1,430 |
RICK REITER PURPOSE: BENEVOLANCE | $10,000 |