Mission
SUPPORT OF CHURCH AND MINISTRY
Public Charity
GRACE FOUNDATION INC OF ALBERT LEA
GRACE FOUNDATION INC OF ALBERT LEA is a private foundation categorized as Public Charity based in ALBERT LEA, MN. Its most recent IRS filing (2024) reports revenue of $50K, expenses of $41K, total assets of $1.9M. Imperigo tracks 8 reported grants from this foundation totaling approximately $347K.
EIN: 411448611
ALBERT LEA, MN
Latest filing: 2024
Total Revenue$50K
Total Expenses$41K
Total Assets$1.9M
Grants Given8
Grant Total$347K
Filing Years2020–2024
Sample Grants Given
GRACE LUTHERAN CHURCH
$38,321
GRACE LUTHERAN CHURCH
$34,840
GRACE LUTHERAN CHURCH
OPERATIONS & IMPR OF CHURCH
$29,637
GRACE LUTHERAN CHURCH
OPERATIONS & IMPR OF CHURCH
$40,704
GRACE LUTHERAN CHURCH
OPERATIONS IMPR
$84,354
Showing up to 5 of 8 total records — full history available with membership.
Officers & Directors
CHAIR
Bruce Olson
SECRETARY
Dale Buendorf
DIRECTOR
Jerry Dahl
VICE CHAIR
Karen Hendrickson
DIRECTOR
Paul Andersen
DIRECTOR
Roy Page
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $50K | $41K | $1.9M |
| 2023 | $38K | $42K | $1.6M |
| 2022 | $41K | $35K | $1.4M |
| 2021 | $51K | $47K | $1.4M |
| 2020 | $39K | $91K | $1.4M |
Between 2020 and 2024, reported annual revenue grew from $39K to $50K (+28%), with total assets most recently reported at $1.9M.
Interactive year-over-year charts and full filing details available with membership.
Grant Geography
Grants from this foundation were reported to recipients in MN.
MN
Full geographic grant map with state-by-state breakdown available with membership.