Mission
The Grace Foundation seeks to extend the healing and hope of Jesus through Grace Lutheran Church to our community and beyond helping those in need wherever they may be found.
Public Charity
Grace Foundation of Destin Inc
Grace Foundation of Destin Inc, of Destin, FL, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $125K in revenue, $130K in expenses, $1.0M in total assets. IRS filings disclose 12 grants awarded by this foundation, totaling roughly $196K.
EIN: 510597232
Destin, FL
Private Grantmaking Foundations
NTEE: T20
Latest filing: 2025
Total Revenue$125K
Total Expenses$130K
Total Assets$1.0M
Grants Given12
Grant Total$196K
Filing Years2021–2025
Where $100 goes at Grace Foundation of Destin Inc
How Grace Foundation of Destin Inc divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.
$100
Programs
the work itself
<$1
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $100 for programs
$100
Grant awards and investment expenses
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Before you apply to Grace Foundation of Destin Inc
Who to contact, what to include, deadlines, typical grant size and geographic focus are available with membership.
Sample Grants Given
Spiritual Orphans Network
Operational Support
$50,000
Program Support
$30,000
Program Support
$21,600
support multi-faceted faith-based tutoring and mentoring program
$15,000
Pelican Lutheran Church
Salary Director of ESL English Classes
$9,000
Showing up to 5 of 12 total records — full history available with membership.
Officers & Directors
Secretary
Cindy Theriault
Trustee
Darlane Landsberger
Trustee
Dieter Landsberger
President
Greg Schilling
Trustee
Kay Royston
Trustee
Kevin Wendt
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $125K | $130K | $1.0M |
| 2024 | $137K | $71K | $1.0M |
| 2023 | $170K | — | $964K |
| 2022 | — | — | $794K |
| 2021 | $7K | $7K | $984K |
Between 2021 and 2025, reported annual revenue grew from $7K to $125K (+1589%), with total assets most recently reported at $1.0M.
Interactive year-over-year charts and full filing details available with membership.
Grant Geography
Grants from this foundation were reported to recipients in FL, MI, MO, NM.
FLMIMONM
Full geographic grant map with state-by-state breakdown available with membership.