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Mary Grace Memorial Fund

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 251915054 ✦ Lakewood, OH ✦ Designated as a 501(c)(3)

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Overview

What is Mary Grace Memorial Fund?

The Mary Grace Memorial Fund is a nonprofit organization dedicated to supporting cancer-related charities throughout Ohio. They achieve this mission by organizing various fundraising events, such as the annual Race With Grace 5K run and walk. By participating in these activities, the organization has managed to raise an impressive sum of $73,545 for their cause. Their primary objective is to distribute these funds to deserving cancer-focused charities across the state, contributing to the broader fight against this devastating disease.


Official website here: www.marygracefoundation.com

Is Mary Grace Memorial Fund legitimate?

Mary Grace Memorial Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mary Grace Memorial Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,680

For more financial information, click here


Official website here: www.marygracefoundation.com

What is the mission statement of Mary Grace Memorial Fund?

The Mary Grace Memorial Fund is committed to raising funds for charities focused on cancer-related issues across Ohio. They accomplish this mission by organizing various fundraising events. One of their successful initiatives is the Race With Grace - 5K run and walk, which has raised $73,545 for these charities to date. The organization's activities primarily involve distributing funds to eligible cancer-related organizations in the state.


Official website here: www.marygracefoundation.com

Who is the CEO of Mary Grace Memorial Fund?

Unavailable


Official website here: www.marygracefoundation.com

What is the revenue of Mary Grace Memorial Fund?

Mary Grace Memorial Fund's revenue in 2022 was $363,572.


Official website here: www.marygracefoundation.com

Who are the executives of Mary Grace Memorial Fund and what are their salaries?

The average compensation at Mary Grace Memorial Fund during 2022 was $1,680. There is 1 employee and 100 volunteers at Mary Grace Memorial Fund.


Here are 10 key members and their salaries:


Stephanie Novicky (Race Board Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald Grace (Race Board Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Schramm (Race Board Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allison Grace (Race Board Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Constance (Race Board Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Meadows (Foundation Board Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cindy Gerity (Foundation Board Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Kranz (Foundation Board Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Root (Foundation Board Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Grace (Executive Director & Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.marygracefoundation.com

Where can I find the form 990 for Mary Grace Memorial Fund?

Mary Grace Memorial Fund's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.marygracefoundation.com

Learn more at the official website: www.marygracefoundation.com

Mission Statement of Mary Grace Memorial Fund

The Mary Grace Memorial Fund is a dedicated organization that seeks to make a difference in the fight against cancer. Their primary mission, as stated, is to raise funds for various charities focused on cancer-related issues within Ohio. They accomplish this by organizing various fundraising activities. One of their notable events is the Race With Grace - 5K run and walk, through which they have managed to raise an impressive sum of $73,545 for these charitable causes. Beyond just organizing events, the Mary Grace Memorial Fund also distributes the funds they raise to these cancer-related organizations, extending their reach and impact in the community.

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Impact




October, 2024

The Mary Grace Memorial Fund significantly impacts the fight against cancer in Ohio by organizing fundraising activities that support various cancer-related charities. Their flagship event, the Race With Grace - 5K run and walk, has raised an impressive $73,545, directly benefiting organizations dedicated to cancer support and research. By distributing these funds, the Mary Grace Memorial Fund plays a crucial role in enhancing resources for patients and families affected by cancer, fostering community engagement, and promoting awareness about this devastating disease throughout the state.




This information is meant to be a general summary of Mary Grace Memorial Fund. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$363,572 (2022)
Expenses
$297,790 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $50
  • Program Service Revenue: $73,545
  • Gross Receipts: $363,572

Assets and Liabilities:

  • Total Assets: $158,772
  • Total Liabilities: $2,204
  • Net Assets: $156,568

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Race Revenue

Revenue

$73,545

Organization Details

Founding Year

2005

Main Address

17511 Fries Ave, Lakewood, OH, 44107

NTEE Category

Code: G99 - Disease

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