William M and Ann K Grace Foundation is a 501(c)(3) organization based in Scottsdale, Arizona, registered in 2007, with $250,734 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$251K
▼ 55.1% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$571K
Net assets
$12.4M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for William M and Ann K Grace Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For William M and Ann K Grace Foundation: 261 mo reserves · -128% margin earns a F on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for William M and Ann K Grace Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For William M and Ann K Grace Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $1.9M (FY2016) to $251K (FY2024) across 8 reported years.
Financial snapshot
Operating margin
-127.8%
Spent more than it raised in the latest fiscal year.
Total assets
$12.5M
Total liabilities
$17K
Net assets
$12.4M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $250,734▼55.1% | $571,177▼18.0% | $12,439,411▼2.5% | $12,456,710▼2.5% | 990PF |
| 2023 | $558,452▲70.3% | $696,927▼27.6% | $12,759,854▼0.9% | $12,772,374▼0.9% | 990PF |
| 2022 | $327,831▲486% | $962,389▼24.4% | $12,877,296▼4.4% | $12,889,816▼5.5% | 990PF |
| 2021 | $55,955▼96.9% | $1,273,583▲121% | $13,476,354▼8.2% | $13,640,985▼7.0% | 990PF |
| 2020 | $1,780,071▲200% | $577,421▼41.6% | $14,674,632▲17.5% | $14,674,632▲17.5% | 990PF |
| 2018 | -$1,782,560▼195% | $989,527▼17.7% | $12,490,388▼18.2% | $12,490,388▼18.3% | 990PF |
| 2017 | $1,878,808 | $1,201,964▼9.5% | $15,262,475▲4.6% | $15,287,475▲4.8% | 990PF |
| 2016 | $1,878,466 | $1,327,498▲89.6% | $14,585,631▲53.7% | $14,585,631▲53.7% | 990PF |
| 2011 | — | $700,221▼4.0% | $9,491,811▲14.3% | $9,491,811▲14.3% | 990PF |
| 2010 | — | $729,614 | $8,300,701 | $8,300,701 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for William M and Ann K Grace Foundation (EIN 56-2529760) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.