Robert M Grace Foundation Inc

Nonprofit profile at a glance

EIN
883571287
IRS 990-PF coverage
2022–2024
Forms available
Form 990-PF 2024
Location
Winter Park, FL, USA
Phone
5616292263
Rating
86
Verdict
STRONG
Rating confidence
Standard
Sector
Private Grantmaking Foundations

Reported finances

Revenue
$1,858,324
Expenses
$1,415,008

Source: IRS Form 990-PF. Selected filing: tax year 2024. Amounts in USD.

Overview

Mission

Private Grantmaking Foundations

What it reported funding in 2024

The foundation reported 12 grants totaling $1,114,000. The stated grant purposes included the support of our community helps us to do great things! together, we have permanently conserved 2,815 acres of open space since 1990. we maintain over 13 miles of publicly accessible nature trails on the sakonnet greenway trail, including the new glen farm trail loop, in oakland forest, at spruce acres farm and at town pond. we've conserved 22% of the area surrounding our drinking water reservoirs and over 1,200 acres of farmland. we estimate over 60,000 grounds and individuals visit our trails each year, as islanders of all ages seek the physical and mental health benefits of time spent in nature. the support of our community has made these achievements possible, and we thank you for being our partner in reservation., to educate, inform, mobilize and advocate for all hispanics in newport to bolster needed services, ensure accessible systems, and create the communities confidence to access those services, and with its eminent scholars and world-renowned library and archives, the hoover institution seeks to improve the human condition by advancing ideas that promote economic opportunity and prosperity while securing and safeguarding peace for america and all mankind., plus 9 other reported purposes.

Operating model

Revenue model
Investment-supported. 91% of the foundation's positive operating resources came from recurring investment income.
Distribution model
Grant intermediary. The foundation distributed 100% of its reported charitable disbursements as grants.
  • Includes asset-sale income: Asset-sale income is shown separately from recurring resources when classifying the revenue model.

The verdict

STRONG - A large share of available resources goes to charitable grants and the filed numbers largely add up. Assets provide a limited cushion relative to annual grants.

Rating breakdown

  • Grant Deployment: 84
  • Cost Efficiency: 79
  • Transparency: 100
  • Compliance: 100
  • Endowment Health: 55

Detailed rating inputs

Grant Deployment

  • Grant deployment ratio: 83.5%; rating input score 84; 19th percentile among comparable filings

Cost Efficiency

  • Grant expense ratio: 78.7%; rating input score 79; 38th percentile among comparable filings

Transparency

  • Grant recipient disclosure: Yes; rating input score 100

Compliance

  • Part VII-B activity disclosures: 18 of 18 controls in place; rating input score 100
    • Property sale or exchange with a disqualified person: Pass
    • Borrowing from or lending to a disqualified person: Pass
    • Goods, services, or facilities involving a disqualified person: Pass
    • Compensation paid to a disqualified person: Pass
    • Assets transferred to a disqualified person: Pass
    • Payment to a government official: Pass
    • Uncorrected prior self-dealing: Pass
    • Prior-year undistributed income: NotApplicable
    • Excess business holdings: Pass
    • Investments that may jeopardize charitable purposes: Pass
    • Uncorrected prior-year jeopardizing investments: Pass
    • Attempt to influence legislation: Pass
    • Attempt to influence an election: Pass
    • Grants to individuals: Pass
    • Grants to organizations: Pass
    • Spending for a noncharitable purpose: Pass
    • Funds received for a personal-benefit contract: Pass
    • Premiums paid on a personal-benefit contract: Pass
    • Prohibited tax-shelter transaction: Pass
  • Filing consistency checks: 9; rating input score 100

Endowment Health

  • Endowment-health comparison: 19.25; rating input score 55; 55th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Grants: 100% of grant recipient detail disclosed
  • Payout: 83.5% grant deployment rate
  • Trustees: Filed trustees detail
  • Self-dealing: 100% of reviewed questions answered “No”
  • Investments: 55th percentile for endowment coverage
  • Consistency: 9 of 9 current checks pass
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Money network: 12 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Endowment Health: Endowment-health comparison scored 55/100.