Public Charity

GRACE INSTITUTE

GRACE INSTITUTE is a nonprofit organization categorized as Public Charity based in NEW YORK, NY. Its most recent IRS filing (2024) reports revenue of $1.6M, expenses of $3.2M, total assets of $45.7M. Imperigo tracks 27 reported grant relationships connected to this organization totaling approximately $1.4M.

EIN: 131641069 NEW YORK, NY Latest filing: 2024
Total Revenue$1.6M
Total Expenses$3.2M
Total Assets$45.7M
Grant Records27
Funding Total$1.4M
Filing Years2019–2024

Mission

GRACE INSTITUTE (THE "FOUNDATION") PROVIDES FINANCIAL SUPPORT TO JOB TRAINING PROGRAMS IN NEW YORK CITY THAT ENABLE WOMEN TO ACHIEVE SUSTAINED, GAINFUL EMPLOYMENT. THE FOUNDATION GIVES PARTICULAR ATTENTION TO THE ONGOING OPERATION AND VIABILITY OF GRACE INSTITUTE OF NEW YORK, WHICH ASSUMED THE FOUNDATION'S HISTORICAL OPERATION ROLE IN NEW YORK CITY WORKFORCE DEVELOPMENT IN OCTOBER 2016.

Where $100 goes at Grace Institute

How Grace Institute divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.

$72 Programs the work itself
$28 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 $72 for programs

$72
Provided grants to deserving workforce development organizations in line with our mission
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Elise M Grace
DIRECTOR Margaret Grace
DIRECTOR Mary Tidlund
SECRETARY & TREASURER Patricia Montgomerie
PRESIDENT & CHIEF EXECUTIVE OFFICER Patrick P Grace
CHAIRMAN Pedro F Mata

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$1,077,955 19 grants
Education
$251,850 7 grants
Unspecified
$100,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $1.6M $3.2M $45.7M
2023 $1.3M $3.1M $47.0M
2022 $566K $3.3M $47.4M
2020 $3.7M $3.0M $52.1M
2019 $1.8M $3.3M $47.2M

Between 2019 and 2024, reported annual revenue declined from $1.8M to $1.6M (-10%), with total assets most recently reported at $45.7M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for GRACE INSTITUTE

Complete financials, all 27 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 880,000+ organizations.

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