Grace TPTC Foundation
Preselected recipients only
Grace TPTC Foundation is a private foundation in Waterville, Minnesota. In tax year 2024 it gave $939,500 in 11 grants; the typical grant was $100,000 and the largest $250,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$939,500
- Number of grants11
- Typical grant$100,000
- Largest grant$250,000
- Assets$7,640
- New grantees46%
Giving in 2024 was up from $860,000 the year before.
46% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $860,000 | 12 | $200,328 |
| 2024 | $939,500 | 11 | $7,640 |
How to apply
Grace TPTC Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What Grace TPTC Foundation funds
Where it gives
Its US grants went to recipients in 7 states, the most to Minnesota. It also paid $42,000 in 1 grant to recipients outside the US.
| State | Grants | Amount |
|---|---|---|
| Minnesota | 4 | $380,000 |
| Virginia | 1 | $150,000 |
| District of Columbia | 1 | $100,000 |
| North Carolina | 1 | $100,000 |
| New York | 1 | $100,000 |
| Michigan | 1 | $47,500 |
| Tennessee | 1 | $20,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Unity Revival Movement | General purpose | $250,000 |
| International Justice Mission | General purpose | $150,000 |
| Kingdom Encounter Ministries | General purpose | $100,000 |
| Let US Worship | General purpose | $100,000 |
| Oasis World Minstries Inc | General purpose | $100,000 |
| Samaritans Purse | General purpose | $100,000 |
| Burden Bearers Inc | General purpose | $47,500 |
| Glorious Gospel Missions | General purpose | $42,000 |
| Life Changers | General purpose | $20,000 |
| Dove International | General purpose | $15,000 |
| Outbound Life | General purpose | $15,000 |
Officers and trustees
- John Romnes
Questions people ask
Does Grace TPTC Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Grace TPTC Foundation give?
$939,500 in tax year 2024, across 11 grants, with a typical grant of $100,000.
Who runs Grace TPTC Foundation?
Its 2024 filing lists John Romnes (President).
What does Grace TPTC Foundation fund?
Based on its grants, mainly faith communities and international.