Grace & Shine Foundation INC

Tax-deductible

New York, NY501(c)(3)EIN 85-2587045

501(c)(3) charity; gifts are tax-deductible.
Status: IRS Pub. 78

Before you give

FY2025 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990-PF
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $2K a year · 8% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
990-PF Pt I · 5 filings
Cash reserves
2 mo
of spending, in cash
Fine: 2.4 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$40K
-8% vs prior year
Spent
$44K
Net assets
$9K
By yearFY2020–FY2025
Revenue
$40K
FY2025▼ -8%
Revenue by fiscal year
FY2020$0
FY2022$11K
FY2023$20K
FY2024$43K
FY2025$40K
Expenses
$44K
FY2025▲ +17%
Expenses by fiscal year
FY2020$0
FY2022$8K
FY2023$16K
FY2024$37K
FY2025$44K
Net assets
$9K
FY2025▼ -33%
Net assets by fiscal year
FY2020$0
FY2022$3K
FY2023$8K
FY2024$13K
FY2025$9K

From the FY2025 Form 990 (year ending January 2025) · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 2020.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 100% · $44K Operating & administrative 0% · $34

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

3 people listed on the 990-PF.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Grace & Shine Foundation INC executive salaries →

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Programs and updates

A private foundation based in New York, NY.

Provided by the organization

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 9 grants · $44K · 2024–2024
Lift Up the Vulnerable INCAL · FY2024$25,000
Garden of HopeFY2024$7,000
Chinese American Womens Benevolent AssocFY2024$4,280
Danny Degennaro Memorial FouindationFY2024$3,000
Fred Hutch Cancer CenterFY2024$2,000
Asian Future Foundation INCNY · FY2024$1,000
Taiwan Center INCNY · FY2024$800
Flushing Town HallFY2024$500
Good Job Angels INCNY · FY2024$200

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV4
Average grantPart XV$5K
Median grantPart XV$2K
Largest grantPart XV$25K
Top cause focusNTEEHuman Services (22%)

By the numbers

The FY2025 990-PF, line by line.

1The main four
Money in
$40K
Gifts and grants$40K
Money out
$44K
Grants paid$44K
Running costs$34
Owns and owes
$9K
net assets
Cash and savings$9K
Total assets$9K
Liabilities$0
People
3
listed
Paid0
2In more detail
Revenue in detail
Gifts and grants$40K
Total revenue$40K
Assets in detailEnd of year
Cash and savings together$9K
Total assets$9K
Liabilities$0
Net assets$9K
Operations
Fiscal year endsJanuary

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $40K$44K−$4K$9K 990 PDF
FY2024 $43K$37K$5K$13K 990 PDF
FY2023 $20K$16K$4K$8K 990 PDF
FY2022 $11K$8K$3K$3K 990 PDF
FY2021 Not on file
FY2020 $0$0$0$0 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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