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← GRACE O FOUNDATION

Form 990 for tax year 2023

Filed by GRACE O FOUNDATION.

Totals

Total revenue
$246,411
Total expenses
$241,965
Contributions and grants received
$246,355
Grants paid
$97,500
Program service revenue
$0
Investment income
$0
Other revenue
$56
Total assets, end of year
$0
Total liabilities, end of year
$46,833
Net assets or fund balances, end of year
-$46,833
Program services expenses (Part IX)
$239,121
Management and general expenses
$2,844
Fundraising expenses
$0
Program service expenses (Part III)
$239,121

Program services were 98.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $246,355

  • 5 · Royalties

    total $56 · unrelated business $56

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $97,500 · program services $97,500

  • 11b · Fees: legal

    total $401 · management and general $401

  • 11g · Fees: other

    total $137,539 · program services $137,539

  • 16 · Occupancy

    total $1,676 · management and general $1,676

  • 17 · Travel

    total $398 · program services $398

  • 24a · Other expenses: TELEPHONE

    total $2,290 · program services $2,290

  • 24b · Other expenses: PRINTING & COPYING

    total $821 · program services $821

  • 24c · Other expenses: BOOKS

    total $533 · program services $533

  • 24d · Other expenses: WEBSITE MAINTENANCE

    total $304 · management and general $304

  • 24e · All other expenses

    total $503 · program services $40 · management and general $463

Balance sheet

Part X, book values.

  • 17 · Accounts payable and accrued expenses

    beginning of year $34,365 · end of year $46,833

  • 25 · Other liabilities

    beginning of year $16,914 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year -$51,279 · end of year -$46,833

Mission and programs · 2023

Mission

THE MISSION OF THE GRACE O FOUNDATION IS TO RESEARCH, EXPLORE AND REPORT ON THE ROLE OF FOOD/NUTRIENTS IN WELLNESS AND LONGEVITY, AND TO PROMOTE HEALTHY, SUSTAINABLE FOOD AND NUTRITION EFFORTS, AS WELL AS SUPPORTING NUTRITION EDUCATION AND FOOD ADVOCACY PROGRAMS.

  • THE MISSION OF THE GRACE O FOUNDATION IS TO RESEARCH, EXPLORE AND REPORT ON THE ROLE OF FOOD/NUTRIENTS IN WELLNESS AND LONGEVITY, AND TO PROMOTE HEALTHY, SUSTAINABLE FOOD AND NUTRITION EFFORTS, AS WELL AS SUPPORTING NUTRITION EDUCATION AND FOOD ADVOCACY PROGRAMS.

    Expenses $239,121 · Grants $97,500 · Revenue $246,355

As filed on the 2023 return.

Listed in Part VII

  • Grace S Mercado

    PRESIDENT

    Total calculated
    $0
    Hours/week
    25

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

  • POPE JOHN PAUL I FOUNDATION

    $30,000

    GENERAL USE

  • ST JOHN BAPTIST DE LA SALLE PARISH

    $20,000

    GENERAL USE

  • FR CARL SCERRI

    $14,500

    GENERAL USE

  • ST BEDE THE VENERABLE

    $10,000

    GENERAL USE

  • GENERAL USE

Provenance

Return type
form_990
Tax year
2023
Filed
9 May 2025
IRS schema version
2023v6.0
Source object
202502899349300605

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