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Grace Foundation Inc

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

EIN: 463590295 ✦ Grand island, NE ✦ Designated as a 501(c)(3)

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Overview

What is Grace Foundation Inc?

Grace Foundation Inc, based in Grand Island, Nebraska (2319 N WEBB RD), is a compassionate nonprofit organization that focuses on assisting local cancer patients and their families. Its mission stems from the recognition that cancer is an urgent and unrelenting challenge. The foundation provides various forms of aid, such as gas cards, financial assistance with medical bills, and help covering household expenses, to those within a 40-mile radius of Grand Island or undergoing treatment at the Grand Island Cancer Treatment Center. The organization prides itself on expediting grant requests, acknowledging the urgency of the situation. With a dedicated team of four individuals, Grace Foundation Inc is committed to making a tangible difference in the lives of those affected by cancer.


Official website here: www.gracefoundationgi.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 88% (Three-Star out of Four Star rating)

Grace Foundation Inc has received an 88% rating from Charity Navigator, indicating a strong performance in accountability and finance. This rating is particularly notable as it is based solely on a single beacon score, highlighting the organization's focus on financial transparency and responsible management of resources.

Strengths identified include a fully independent board, which scored the highest possible points in that category, and a favorable liabilities to assets ratio of 0.49%. The foundation also demonstrates a commitment to program expenses, with nearly 70% of its expenditures directed towards its programs, reflecting effective use of donor funds.

However, there are areas for improvement, notably the absence of a conflict of interest and whistleblower policy, which limited their score in those areas. Additionally, the charity did not post its tax form on its website, which could be a lack of transparency for potential donors. These gaps suggest the organization could enhance its governance practices to further bolster donor confidence and overall accountability.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Grace Foundation Inc?

94% of the 14 reviewers on Facebook recommend Grace Foundation Inc. Here is a summary of their reviews:

Many individuals express gratitude for the support provided by Grace Foundation, particularly during challenging health journeys. One reviewer shared their experience seeking help from the organization during a difficult time of treatment, emphasizing how the assistance allowed them to concentrate on their recovery.

Overall, it appears that Grace Foundation Inc. is making a positive impact in the lives of those they assist, as users acknowledge the valuable support they receive in navigating their health challenges. The organization seems to have successfully delivered on its promise to help individuals during trying times.


This AI summary has been generated from reviews found on Facebook.

Is Grace Foundation Inc legitimate?

Grace Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grace Foundation Inc 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: $55,923
Professional Fundraising Fees: $0
Other Salaries and Wages: $77,960

For more financial information, click here


Official website here: www.gracefoundationgi.org

What is the mission statement of Grace Foundation Inc?

The Grace Foundation was established to aid local cancer patients and their families in their battle against this life-threatening disease. If an individual resides within 40 miles of Grand Island or is undergoing treatment at the Grand Island Cancer Treatment Center, the Grace Foundation provides assistance. This aid takes various forms, including gas cards, help with medical bills, and coverage for household expenses. Recognizing that cancer does not adhere to a schedule, the Grace Foundation strives to approve grant requests in a timely manner.


Official website here: www.gracefoundationgi.org

Who is the CEO of Grace Foundation Inc?

Kathy Eihusen is the Chair of Grace Foundation Inc.


Official website here: www.gracefoundationgi.org

What is the revenue of Grace Foundation Inc?

Grace Foundation Inc's revenue in 2022 was $549,876.


Official website here: www.gracefoundationgi.org

Who are the executives of Grace Foundation Inc and what are their salaries?

The average compensation at Grace Foundation Inc during 2022 was $33,471. There are 4 employees and 275 volunteers at Grace Foundation Inc.


Here are 21 key members and their salaries:


Sarah Koch (Executive Di)
  • Compensation: $55,923
  • Related: $0
  • Other: $0
Brandon Bachle (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Earl (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Eihusen (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cathy Fosselman (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kayla Hasselmann (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Abbie Hassett (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wade Jarvi (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Kort (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Courtney Lierman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mitch Maire (Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joanne Oltean (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Peters (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Pfeifer (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Porter (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Sanders (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katie Scheel (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Stanton (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Walsh (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keely Wennekamp (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Willman (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.gracefoundationgi.org

Where can I find the form 990 for Grace Foundation Inc?

Grace Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.gracefoundationgi.org

Learn more at the official website: www.gracefoundationgi.org

Mission Statement of Grace Foundation Inc

Grace Foundation Inc was established with a mission to aid local cancer patients and their families in their battle against this deadly disease. Situated within 40 miles of Grand Island or receiving treatment at the Grand Island Cancer Treatment Center, this organization offers assistance in various forms. This assistance includes providing gas cards, helping alleviate medical bills, and aiding with household expenses. Recognizing that cancer does not wait, Grace Foundation Inc works diligently to approve grant requests in a timely manner. Their goal is to lessen the financial burden and offer support during challenging times, enabling individuals to focus on their health and recovery.

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Impact




July, 2024

Grace Foundation Inc's impact is felt deeply within the community, providing crucial assistance to cancer patients and their families during their most challenging time. By offering support in the form of gas cards, aid with medical bills, and help with household expenses, Grace Foundation Inc eases the financial burden that often accompanies cancer treatment. The organization's prompt approval of grant requests underscores their dedication to ensuring that cancer patients receive the help they need without delay. Through their philanthropic efforts, Grace Foundation Inc is a beacon of hope and support for those battling this deadly disease within the Grand Island area and its vicinity.




This information is meant to be a general summary of Grace Foundation Inc. 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
$549,876 (2022)
Expenses
$443,189 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $32,678
  • Gross Receipts: $644,174

Assets and Liabilities:

  • Total Assets: $838,566
  • Total Liabilities: $4,153
  • Net Assets: $834,413

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Organization Details

Founding Year

2014

Principal Officer

Kathy Eihusen

Main Address

2319 N WEBB RD, GRAND ISLAND, NE, 68803

NTEE Category

Code: T31 - Philanthropy

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