Public Charity

GRACE SCIENCE FOUNDATION

GRACE SCIENCE FOUNDATION, of MENLO PARK, CA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $943K in revenue, $1.5M in expenses, $2.2M in total assets. 60 publicly reported grants to this organization, totaling roughly $3.1M, appear in IRS filings.

EIN: 465727883 MENLO PARK, CA Latest filing: 2024
Total Revenue$943K
Total Expenses$1.5M
Total Assets$2.2M
Grant Records60
Funding Total$3.1M
Filing Years2019–2024

Mission

THE MISSION OF THE FOUNDATION IS TO SUPPORT AND FUND THE DEVELOPMENT OF LIFE-SAVING TREATMENT FOR PATIENTS THAT ARE DEFICIENT IN THE N-GLYCANESE ENZYME AND THOSE SUFFERING FROM RELATED GENETIC DISEASES. THE ACTIVITIES OF THE FOUNDATION WILL INVOLVE PROVIDING GRANT FUNDING TO HOSPITALS AND MEDICAL RESESARCH FACILITIES WHICH ARE CONDUCTING MEDICAL RESEARCH IN VARIOUS FIELDS RELATING TO THE SEARCH FOR UNDERSTNADING AND TREATMENT OF THIS CONDITION, FOSTERING COLLABORATION BETWEEN ACADEMIA, RESEARCH INSTITUTIONS, HOSPITALS, PRIVATE COMPANIES, AND GOVERNMENTAL AGENCIES.

Officers & Directors

Director Chelsea Clinton
Chief Financial Officer Egon Durban
Director Elle Stephens
Director J Taylor Crandall
Secretary Ken Drazan
President Matthew Wilsey

Officer compensation and complete director data available with membership.

Top Grant Purposes

HEALTH
$1,009,530 18 grants
For grant recipient's exempt purposes
$541,700 9 grants
ADVISED - FOR GENERAL OPERATING SUPPORT.
$400,000 2 grants
FOR GENERAL OPERATING SUPPORT.
$205,000 1 grant
Health & Human Services
$138,012 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $943K $1.5M $2.2M
2023 $827K $1.3M $2.8M
2022 $1.2M $1.2M $3.2M
2020 $1.5M $1.5M $2.9M
2019 $1.6M $839K $2.9M

Between 2019 and 2024, reported annual revenue declined from $1.6M to $943K (-40%), with total assets most recently reported at $2.2M.

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

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