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Nonprofit · EIN 87-4095785

GIVING WITH GRACE FOUNDATION

Tax-exempt · CORNELIUS, NC 28031

Financials

$734K$2.2M2024
Revenue Expenses · by fiscal year end
Financials of GIVING WITH GRACE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$734,475$2,164,408-$1,429,933$19,710,106$0$19,710,106
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$669,541
Net gain from sales of assets
$64,934

Expenses

Grants and similar amounts paid
$2,052,295
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$2,052,295
Excise tax on investment income
$9,758

Balance sheet and other

Total assets, start of year
$20,274,979
Total assets, end of year
$19,710,106
Total liabilities, end of year
$0
Net assets, end of year
$19,710,106
Fair market value of assets
$19,710,106
Qualifying distributions
$2,052,295
Net investment income
$701,992

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.

NameTitleHours / weekCompensation
ROBIN SALZMAN
20917 BETHELWOOD LANE, CORNELIUS, NC 28031
PRESIDENT1$0
JACK SALZMAN
20917 BETHELWOOD LANE, CORNELIUS, NC 28031
VICE PRESIDENT1$0
LAWRENCE SHAHEEN JR
209 DELBURG ST STE 203, DAVIDSON, NC 28036
SECRETARY1$0
JAMES GODFREY
19 MORGAN DRIVE, LEBANON, NH 03766
TREASURER1$0

Address and contacts

Address (IRS master file)
20917 BETHELWOOD LN, CORNELIUS, NC 28031-7045
Signed the 990-PF
ROBIN SALZMAN, PRESIDENT
Phone
(704) 506-0147
Return prepared by
TSS ADVISORS LLC

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
87-4095785
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
2022
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$19,710,106
Income (IRS master file)
$17,604,328

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024–––IRS
990-PFDecember 2023–––IRS
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about GIVING WITH GRACE FOUNDATION

What is the EIN of GIVING WITH GRACE FOUNDATION?
The employer identification number (EIN) of GIVING WITH GRACE FOUNDATION is 87-4095785.
Is GIVING WITH GRACE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to GIVING WITH GRACE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does GIVING WITH GRACE FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of GIVING WITH GRACE 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 GIVING WITH GRACE 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 GIVING WITH GRACE FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does GIVING WITH GRACE FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $734,475, expenses of $2,164,408 and total assets of $19,710,106 at year end.

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