Grand Foundation

Analysis

Grand Foundation is a registered charity in United States, based in Tracy, CA. It received its IRS tax-exemption ruling in August 2000, 26 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Grand Foundation reported income of $382k and spending of $239k, leaving 38% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $161k to $382k (+138%), an average of +54% a year. The sharpest change came in the year to June 2023, when income rose by 72%. Over the whole period it spent 60% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Grand Foundation sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include Foundation for Arts and Cultural Connections Inc ($382k), Haywood County Arts Council Inc ($382k) and Lucas Theatre for the Arts Inc ($382k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 79% of the total. Compensation of current officers, directors and key employees was $42k (17% of expenses). At year end it held assets of $538k against liabilities of $0, net assets of $538k. It reported 1 employees.