Nonprofit · EIN 47-1300668
JOHN & DENISE GRAVES FOUNDATION
Tax-exempt · MINNEAPOLIS, MN 55407
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $1,372,189 | $4,705,135 | -$3,332,946 | $47,635,557 | $116,955 | $47,518,602 |
| December 31, 2023 | 990-PF | $555,958 | $4,362,111 | -$3,806,153 | $46,651,122 | $107,953 | $46,543,169 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $357,899
- Dividends
- $774,073
- Net gain from sales of assets
- $240,217
Expenses
- Grants and similar amounts paid
- $3,199,779
- Compensation of officers, directors and key employees
- $156,406
- Salaries, compensation and benefits (total)
- $559,930
- Disbursements for charitable purposes
- $4,013,682
- Excise tax on investment income
- $9,336
Balance sheet and other
- Total assets, start of year
- $46,651,122
- Total assets, end of year
- $47,635,557
- Total liabilities, end of year
- $116,955
- Net assets, end of year
- $47,518,602
- Fair market value of assets
- $47,635,557
- Qualifying distributions
- $4,263,682
- Net investment income
- $1,336,671
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| WILLIAM G GRAVES 2929 CHICAGO AVENUE S STE 100, MINNEAPOLIS, MN 55407 | TRUSTEE/PRESIDENT | 40 | $156,406 | $7,670 |
| DESEANDRA SHEPPHEARD 2929 CHICAGO AVENUE S STE 100, MINNEAPOLIS, MN 55407 | VICE PRESIDENT, CHIE Highest-paid employee | 40 | $133,015 | $818 |
| KYRRA RANKINE 2929 CHICAGO AVENUE S STE 100, MINNEAPOLIS, MN 55407 | VICE PRESIDENT, POLI Highest-paid employee | 40 | $113,757 | $8,005 |
| CARLA GODWIN 2929 CHICAGO AVENUE S STE 100, MINNEAPOLIS, MN 55407 | PROJECT MANAGER Highest-paid employee | 40 | $103,652 | $12,093 |
| DANIELLE PRASCH 2929 CHICAGO AVENUE S STE 100, MINNEAPOLIS, MN 55407 | OPERATIONS MANAGER Highest-paid employee | 40 | $88,000 | $3,339 |
| LISA D MOY 2929 CHICAGO AVENUE S STE 100, MINNEAPOLIS, MN 55407 | PORTFOLIO MANAGER Highest-paid employee | 40 | $82,509 | $6,267 |
| JOHN E GRAVES 2929 CHICAGO AVENUE S STE 100, MINNEAPOLIS, MN 55407 | TRUSTEE | 1 | $0 | $0 |
| DENISE A GRAVES 2929 CHICAGO AVENUE S STE 100, MINNEAPOLIS, MN 55407 | TRUSTEE | 1 | $0 | $0 |
990-PF for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| WILLIAM G GRAVES 2929 CHICAGO AVENUE S STE 100, MINNEAPOLIS, MN 55407 | TRUSTEE/PRESIDENT | 40 | $165,003 | $6,091 |
| KYRRA RANKINE 2929 CHICAGO AVENUE S STE 100, MINNEAPOLIS, MN 55407 | VICE PRESIDENT, POLI Highest-paid employee | 40 | $124,444 | $10,409 |
| DESEANDRA SHEPPHEARD 2929 CHICAGO AVENUE S STE 100, MINNEAPOLIS, MN 55407 | VICE PRESIDENT, CHIE Highest-paid employee | 40 | $123,015 | $750 |
| CARLA GODWIN 2929 CHICAGO AVENUE S STE 100, MINNEAPOLIS, MN 55407 | PROJECT MANAGER Highest-paid employee | 40 | $100,009 | $11,037 |
| HOLLY KRAGTHORPE-SHIRLEY 2929 CHICAGO AVENUE S STE 100, MINNEAPOLIS, MN 55407 | DIRECTOR OF SPECIAL Highest-paid employee | 30 | $87,500 | $3,500 |
| DANIELLE PRASCH 2929 CHICAGO AVENUE S STE 100, MINNEAPOLIS, MN 55407 | OPERATIONS MANAGER Highest-paid employee | 40 | $85,000 | $3,138 |
| JOHN E GRAVES 2929 CHICAGO AVENUE S STE 100, MINNEAPOLIS, MN 55407 | TRUSTEE | 1 | $0 | $0 |
| DENISE A GRAVES 2929 CHICAGO AVENUE S STE 100, MINNEAPOLIS, MN 55407 | TRUSTEE | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 2929 CHICAGO AVE STE 100, MINNEAPOLIS, MN 55407-1469
- Signed the 990-PF
- WILLIAM G GRAVES, PRESIDENT
- Phone
- (612) 389-9820
- Website
- WWW.JDGRAVESFOUNDATION.ORG
- Return prepared by
- CLIFTONLARSONALLEN LLP
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 47-1300668
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2014
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Unknown (Z99)
- Assets (IRS master file)
- $47,635,557
- Income (IRS master file)
- $10,915,192
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $1,372,189 | $4,705,135 | $47,635,557 | IRS |
| 990-T | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $555,958 | $4,362,111 | $46,651,122 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 47-1300668).
Questions about JOHN & DENISE GRAVES FOUNDATION
- What is the EIN of JOHN & DENISE GRAVES FOUNDATION?
- The employer identification number (EIN) of JOHN & DENISE GRAVES FOUNDATION is 47-1300668.
- Is JOHN & DENISE GRAVES FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to JOHN & DENISE GRAVES FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does JOHN & DENISE GRAVES FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of JOHN & DENISE GRAVES FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did JOHN & DENISE GRAVES FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of JOHN & DENISE GRAVES FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 8 people; 6 received compensation from the organization, the highest $156,406 (WILLIAM G GRAVES, TRUSTEE/PRESIDENT).
- How much revenue does JOHN & DENISE GRAVES FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,372,189, expenses of $4,705,135 and total assets of $47,635,557 at year end.
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