EIN 20-8050779

The Grace and Mercy Foundation

IRS 501(c) type
501(c)(3)
Num. employees
Unknown
Year formed
2007
Most recent tax filings
2022-12-01
NTEE code, primary
Description
A private family foundation based in New York City, Grace and Mercy Foundation resources people and projects that foster healthier societies through long term investment and active partnership.
Total revenues
$-40,912,250
2022
Total expenses
$64,432,200
2022
Total assets
$510,517,361
2022
Num. employees
n/a

Program areas at The Grace and Mercy Foundation

The just show up (jsu) book club, The purpose of which is to foster community learning made available to those who might not otherwise have The access, time, or inclination to participate in such learning
The public reading of scripture (prs) program, The purpose of which is to help people read and learn as a community about The christian bible.

Grants made by The Grace and Mercy Foundation

GranteeGrant descriptionAmount
Knights of Columbus Charitable FundCommunity$8,000,000
WaterStoneCommunity$5,000,000
Fuller Theological SeminaryReligious$1,250,000
...and 71 more grants made totalling $24,082,774

Personnel at The Grace and Mercy Foundation

NameTitleCompensation
Diana PaeChief Operating Officer$470,714
Andrew MillsChairman and Director / Vice Chairperson / Secretary$227,253
Christopher McPaddenPresident$613,000
Patrick HalliganTreasurer$430,714
Sumi KimPresident$665,000
...and 2 more key personnel

Financials for The Grace and Mercy Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Investment income and dividends$2,685,707
Net rental income$0
Net gain from sale of non-inventory assets$-45,244,150
Gross sales of inventory$0
Miscellaneous revenues$1,646,193
Total revenues$-40,912,250

Form 990s for The Grace and Mercy Foundation

Fiscal year endingDate received by IRSFormPDF link
2021-122022-11-15990PFView PDF
2020-122021-11-15990PFView PDF
2019-122021-06-14990PFView PDF
2018-122020-02-13990PFView PDF
2017-122019-02-21990PFView PDF
...and 6 more Form 990s
Data update history
June 26, 2023
Posted financials
Added Form 990PF for fiscal year 2020
June 14, 2023
Posted financials
Added Form 990PF for fiscal year 2021
June 3, 2023
Updated personnel
Identified 3 new personnel
May 30, 2023
Updated personnel
Identified 1 new personnel
May 20, 2023
Used new vendors
Identified 5 new vendors, including , , , , and
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donations
General information
Address
888 Seventh Ave
New York, NY 10106
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
New York County, NY
Website URL
graceandmercy.org/ 
Facebook page
TheGraceAndMercy 
IRS details
EIN
20-8050779
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2007
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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