Overview
What is Grace Christian Foundation?
Grace Christian Foundation is a nonprofit organization situated in Grandville, Michigan. It primarily focuses on providing financial support to schools that prioritize academic excellence, grounded in biblical values. The foundation achieves this by investing donated funds in income-generating publicly traded securities and interest-bearing accounts, generating proceeds that are then allocated to grant distributions. The mission of Grace Christian Foundation is to strengthen educational institutions that promote academic growth and preparation for young people, thereby contributing to their overall development.
Is Grace Christian Foundation legitimate?
Grace Christian Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grace Christian Foundation 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: $0
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What is the mission statement of Grace Christian Foundation?
The Grace Christian Foundation's mission is to support schools that prioritize academic excellence, grounded in biblical principles. They achieve this by investing donated funds in income-generating securities and interest-bearing accounts, earning proceeds that are used to provide financial support to these schools. The foundation's goal is to contribute to the academic preparation of young people, ensuring they receive a high-standard education. They accept contributions and manage their funds carefully, distributing the income to provide the necessary support to these schools.
Who is the CEO of Grace Christian Foundation?
James Engelsma Ii is the Treasurer of Grace Christian Foundation.
What is the revenue of Grace Christian Foundation?
Grace Christian Foundation's revenue in 2022 was $2,038,182.
Who are the executives of Grace Christian Foundation and what are their salaries?
Here are 4 key members and their salaries:
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- Other: $0
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Where can I find the form 990 for Grace Christian Foundation?
Grace Christian Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Grace Christian Foundation
Grace Christian Foundation is dedicated to supporting educational institutions that prioritize academic excellence, rooted firmly in biblical values. This nonprofit organization accomplishes this mission by leveraging funds donated to them, which are then invested in income-generating publicly traded securities and interest-bearing accounts. The income derived from these investments is subsequently used to provide financial assistance to these schools, thereby aiding in their academic preparatory efforts for young individuals. The Foundation accepts contributions and meticulously manages their funds, ensuring that the income generated is allocated to provide such support.
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Impact
July, 2024
Grace Christian Foundation's impact is felt through their support for schools that emphasize academic rigor grounded in biblical principles. By providing grants derived from invested funds, they empower educational institutions to uphold a high standard of educational excellence. Their focus on supporting schools that prioritize academic preparation and spiritual growth contributes to the development of well-rounded individuals.
This information is meant to be a general summary of Grace Christian Foundation. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $15,607
- Gross Receipts: $2,178,655
Assets and Liabilities:
- Total Assets: $2,031,992
- Total Liabilities: $0
- Net Assets: $2,031,992
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Organization Details
Founding Year
2021
Phone
(616) 299-4116Principal Officer
James Engelsma Ii
Main Address
PO BOX 808, GRANDVILLE, MI, 49468
NTEE Category
Code: B01 - Education
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