Tres Grace Family Foundation
- Assets
- $118.0m
- Revenue
- $8.6m
- Investments
- $109.9m
- Employees
- 0
- Location
- San Antonio, TX
- Founding
- 11/2019
- Data as of
- 12/2023
- EIN
- 84-2615544
Organization Overview
Tres Grace Family Foundation is located in San Antonio, TX. The organization was established in 2019. 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. Tres Grace Family 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, Tres Grace Family Foundation generated $8.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (39.0%) each year.
Since 2021, Tres Grace Family Foundation has awarded 15 individual grants totaling $4,250,000. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Director | 5 | $0 | |
Name Not Listed Secretary | 5 | $0 | |
Name Not Listed President | 5 | $0 | |
Name Not Listed Treasurer | 5 | $0 | |
Name Not Listed Director | 5 | $0 | |
Name Not Listed Director | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mission De Vida Services Llc | 12/30/23 | $190,250 |
Jp Morgan Chase Bank Na | 12/30/23 | $172,879 |
Frost Wealth Advisors | 12/30/23 | $113,411 |
Amp360 Llc | 12/30/23 | $80,000 |
Gdc Marketing & Ideation | 12/30/23 | $69,620 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $6,000,000 |
| Interest on Savings | $79,955 |
| Dividends & Interest | $2,393,626 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $122,645 |
| Capital Gain Net Income | $122,645 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $9,926 |
| Total Revenue | $8,606,152 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $131,802 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15,867 |
| Total operating and administrative expenses | $876,262 |
| Contributions, gifts, grants paid | $9,208,000 |
| Total expenses and disbursements | $10,084,262 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,502 |
| Savings and temporary cash investments | $8,097,046 |
| 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 | $29,303,614 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $118,009,227 |
| Accounts payable and accrued expenses | $134,522 |
| 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 | $134,522 |
Grants Awarded
Over the last fiscal year, Tres Grace Family Foundation has awarded $3,650,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
DRISCOLL CHILDREN'S HOSPITAL DEVELOPMENT FOUNDATION INC PURPOSE: PROGRAM SUPPORT | $2,300,000 |
COMMUNITIES IN SCHOOLS CENTRAL TEXAS PURPOSE: PROGRAM SUPPORT | $150,000 |
TEXAS A&M UNIVERSITY - CORPUS CHRISTI FOUNDATION INC PURPOSE: PROGRAM SUPPORT | $300,000 |
CHRISTIAN ASSISTANCE MINISTRY INC PURPOSE: PROGRAM SUPPORT | $200,000 |
SA CHRISTIAN HOPE RESOURCE CENTER INC PURPOSE: PROGRAM SUPPORT | $200,000 |
THE SETTLEMENT HOME FOR CHILDREN PURPOSE: PROGRAM SUPPORT | $200,000 |