Grace Childrens Foundation
- Assets
- $567.9k
- Revenue
- $590.4k
- Investments
- $0.0
- Employees
- 4
- Location
- New York, NY
- Founding
- 11/1997
- Data as of
- 12/2021
- EIN
- 13-7111278
Organization Overview
Grace Childrens Foundation is located in New York, NY. The organization was established in 1997. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2021, Grace Childrens Foundation employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grace Childrens Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Grace Childrens Foundation generated $590.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $170.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ESTABLISHED IN 1997, THE GRACE CHILDREN'S FOUNDATION (GCF), IS A NEW YORK BASED 501 (C)(3) NONPROFIT ORGANIZATION, DEDICATED TO IMPROVING LIVES THROUGH ITS CHILDREN'S RESOURCE EXCHANGE (CRE) MODEL - CONNECTING CHILDREN IN NEED WITH MEDICAL PROFESSIONALS AND ESSENTIAL NONCLINICAL RESOURCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SINCE ITS INCEPTION, GCF HAS BEEN CONNECTING CHILDREN IN NEED TO PRO BONO AND SUBSIDIZED MEDICAL CARE AND ESSENTIAL NONCLINICAL RESOURCES THROUGH ITS CASE-BY-CASE MODEL, A MAIN INITIATIVE FOR 20 YEARS. BUILDING ON THIS SUCCESSFUL MODEL, GCF IS NOW COMMITTED TO SCALING ITS IMPACT BY FOCUSING ON FURTHER DEVELOPMENT AND IMPLEMENTATION OF ITS CHILDREN'S RESOURCE EXCHANGE - AN EMERGING DIGITAL HEALTHCARE INNOVATION THAT WILL MODERNIZE THE PROCESS OF COORDINATING CARE BETWEEN MEDICAL PROFESSIONALS AND OTHERS TO HELP SAVE THE LIVES OF CHILDREN WORLDWIDE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nancy Robertson President & CEO | Officer | 35 | $25,000 |
Margaret Roche Ballin Director | Trustee | 0.48 | $0 |
Pam Frank Director (rotated Onto Board 11/21) | Trustee | 0.48 | $0 |
David Hsiao Director (rotated Onto Board 11/21) | Trustee | 1.06 | $0 |
Alexandra Hakim Director | Trustee | 0.96 | $0 |
Andrea Bastiani Archibaldphd Director | Trustee | 3.85 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $589,867 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $589,867 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $500 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $590,367 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $25,000 |
| Compensation of current officers, directors, key employees. | $5,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $43,702 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $7,135 |
| Payroll taxes | $5,108 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $475 |
| Fees for services: Accounting | $10,850 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $378 |
| Office expenses | $4,769 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,941 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $17,099 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $971 |
| All other expenses | $2,089 |
| Total functional expenses | $170,522 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $558,741 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $9,129 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $567,870 |
| Accounts payable and accrued expenses | $52,050 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $276,161 |
| Other liabilities | $0 |
| Total liabilities | $328,211 |
| Net assets without donor restrictions | -$10,341 |
| Net assets with donor restrictions | $250,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $567,870 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Grace Childrens Foundation has recieved totaling $31,800.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $30,645 |
Harry And Misook Doolittle Foundation Scarsdale, NY PURPOSE: GENERAL | $1,000 |
Karas Family Foundation Seattle, WA PURPOSE: CHILDREN AND POVERTY | $104 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $51 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Abrahams Blessing Albany, NY | $1,941,159 | $28,861,670 |
Planet Aid Inc Milford, MA | $17,464,781 | $29,818,126 |
Wateraid America Inc New York, NY | $16,422,746 | $24,856,015 |
Christian Relief International Lancaster, PA | $46,193,710 | $37,368,118 |
Tov Vchesed Foundation Inc Monsey, NY | $610,324 | $14,594,457 |
Kolel Shomre Hachomos Of Jerusalem Inc Brooklyn, NY | $8,417,391 | $12,158,295 |
Marys Meals Usa Inc Bloomfield, NJ | $3,234,334 | $9,784,357 |
We Charity Williamsville, NY | $15,990,436 | $8,510,977 |
Big Heart Foundation Inc Clifton, NJ | $8,754,377 | $8,531,455 |
Grassroots International Inc Boston, MA | $13,759,969 | $12,517,391 |
Afsnc Inc New York, NY | $3,029,853 | $9,756,195 |
Alima Usa Inc New York, NY | $6,341,096 | $6,115,397 |