Nonprofit · EIN 87-4095785
GIVING WITH GRACE FOUNDATION
Tax-exempt · CORNELIUS, NC 28031
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $734,475 | $2,164,408 | -$1,429,933 | $19,710,106 | $0 | $19,710,106 |
| December 31, 2023 | 990-PF | $19,976,568 | $856,560 | $19,120,008 | $20,274,979 | $0 | $20,274,979 |
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROBIN SALZMAN 20917 BETHELWOOD LANE, CORNELIUS, NC 28031 | PRESIDENT | 1 | $0 |
| JACK SALZMAN 20917 BETHELWOOD LANE, CORNELIUS, NC 28031 | VICE PRESIDENT | 1 | $0 |
| LAWRENCE SHAHEEN JR 209 DELBURG ST STE 203, DAVIDSON, NC 28036 | SECRETARY | 1 | $0 |
| JAMES GODFREY 19 MORGAN DRIVE, LEBANON, NH 03766 | TREASURER | 1 | $0 |
990-PF for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROBIN SALZMAN 20917 BETHELWOOD LANE, CORNELIUS, NC 28031 | PRESIDENT | 1 | $0 |
| JACK SALZMAN 20917 BETHELWOOD LANE, CORNELIUS, NC 28031 | VICE PRESIDENT | 1 | $0 |
| LAWRENCE SHAHEEN JR 209 DELBURG ST STE 203, DAVIDSON, NC 28036 | SECRETARY | 1 | $0 |
| JAMES GODFREY 19 MORGAN DRIVE, LEBANON, NH 03766 | TREASURER | 1 | $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 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
- 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
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $734,475 | $2,164,408 | $19,710,106 | IRS |
| 990-PF | December 2023 | $19,976,568 | $856,560 | $20,274,979 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | 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 87-4095785).
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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