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Nonprofit · EIN 26-0287914

RAYMON GRACE FOUNDATION

Tax-exempt · BRISTOL, VA 24201

Financials

$508K$139K2023$599K$226K2024$666K$238K2025
Revenue Expenses · by fiscal year end
Financials of RAYMON GRACE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$665,733$238,064$427,669$3,536,092$0$3,536,092
December 31, 2024990-PF$598,874$226,067$372,807$3,108,423$0$3,108,423
December 31, 2023990-PF$508,083$138,719$369,364$2,735,616$0$2,735,616
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$3,825
Dividends
$90,267
Interest
$50,422
Net gain from sales of assets
$46,193

Expenses

Grants and similar amounts paid
$75,000
Salaries, compensation and benefits (total)
$72,873
Disbursements for charitable purposes
$230,567
Excise tax on investment income
$2,598

Balance sheet and other

Total assets, start of year
$3,108,423
Total assets, end of year
$3,536,092
Total liabilities, end of year
$0
Net assets, end of year
$3,536,092
Fair market value of assets
$5,136,554
Qualifying distributions
$230,567
Net investment income
$186,882

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, 2025, highest compensation first.

NameTitleHours / weekCompensation
Raymon Grace
29501 N Fork River Rd, Saltville, VA 24370
President40$0
David Grace
201 Johnson Street, Bristol, VA 24201
Secretary20$0
990-PF for the year ended December 31, 2024: 2 people
NameTitleHours / weekCompensation
Raymon Grace
29501 N Fork River Rd, Saltville, VA 24370
President40$0
David Grace
201 Johnson Street, Bristol, VA 24201
Secretary20$0
990-PF for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
Raymon Grace
29501 N Fork River Rd, Saltville, VA 24370
President40$0
David Grace
201 Johnson Street, Bristol, VA 24201
Secretary20$0

Address and contacts

Address (IRS master file)
220 JOHNSON ST, BRISTOL, VA 24201-4132
In care of
% DAVID GRACE SEC
Signed the 990-PF
David Grace, Secretary
Phone
(423) 361-4182
Return prepared by
Summit CPA Services Inc

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, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
26-0287914
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
2008
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$3,536,092
Income (IRS master file)
$699,865

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$665,733$238,064$3,536,092IRS
990-PFDecember 2024$598,874$226,067$3,108,423XML
990-PFDecember 2023$508,083$138,719$2,735,616XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2019–––IRS
990-PFDecember 2018–––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 26-0287914).

Questions about RAYMON GRACE FOUNDATION

What is the EIN of RAYMON GRACE FOUNDATION?
The employer identification number (EIN) of RAYMON GRACE FOUNDATION is 26-0287914.
Is RAYMON GRACE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
Are donations to RAYMON GRACE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does RAYMON GRACE FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of RAYMON GRACE FOUNDATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did RAYMON GRACE FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of RAYMON GRACE FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
How much revenue does RAYMON GRACE FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $665,733, expenses of $238,064 and total assets of $3,536,092 at year end.

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