The Grace and Mercy Foundation

Private foundation · EIN 20-8050779 · since 2007graceandmercy.org·International, United States·Updated 13 October 2026

At a glance

$21.7M
Annual giving, 2024 tax year
From the Form 990-PF filing
$10,000 to $375k
Grant range
From grants in the 990-PF filings
$100k
Typical grant (median)
71 grants in the latest filing
Invitation only
Unsolicited applications are not accepted

This funder does not accept unsolicited applications. The foundation chooses the organisations it funds itself.

Key takeaways

  • The Grace and Mercy Foundation funds work across five themes: Mercy, Education, Family, Work and Church, so check your programme sits clearly within one of these before considering an approach.
  • It gives only by invitation and does not accept unsolicited requests, so a speculative application is not the way in; the filing gives no further submission steps, so there is no published timing or process to follow.
  • Around 96% of its grant dollars went to organisations it had already funded in the two previous filings, which points to a relationship-led, rather than open, approach to new partners.
  • For size of request, typical grants run from $10,000 to $375,000, with a median of $95,000, so a request in that range is realistic once a relationship exists; note this reflects grants to organisations generally and not a guide for any single grant such as its largest, which went to an organisation it funds every year that regrants to other organisations.
  • Given it does not accept unsolicited requests, organisations without an existing connection should not submit a cold application.

Overview

The Grace and Mercy Foundation is a US private foundation based in New York, NY.

What they fund

Profile derived from the foundation's IRS Form 990-PF filings (TY2024, TY2023, TY2022) and its website, with every statement checked against those sources. Sources read on 7 October 2026.

Priority Areas

The foundation supports the poor and oppressed, and helps people learn, grow and serve. It partners with nonprofit organisations across the U.S. and around the world, sharing resources across five areas: Mercy, Education, Family, Work and Church. In Mercy, it partners with organisations helping survivors of trafficking, refugees, the working poor, justice-involved citizens rebuilding their lives, and people experiencing homelessness. In Education, it supports K–12 schools, seminaries, colleges, parachurch organisations, and arts and sports organisations. It also supports organisations providing nurturing, learning and healthy programmes for families; organisations helping people reach their full potential in their jobs and become leaders in their communities; and local churches, church communities and denominations. Alongside its grantmaking, it helps partners lead Just Show Up Book Clubs and Public Reading of Scripture gatherings.

Themes

  • Mercy
  • Education
  • Family
  • Work
  • Church

Geographic Focus

U.S.; around the world.

How to apply

The foundation makes contributions only to preselected charitable organisations and does not accept unsolicited requests; the filing gives no further submission steps.

Application success factors

  • Repeat giving: In its TY2024 filing, 96% of its grant dollars to organisations went to organisations it had also funded in its TY2022 or TY2023 filing.
  • Grant size: Across its TY2022, TY2023 and TY2024 filings, half of its 243 grants to organisations were $95,000 or less.

Where grants go

From grants to organisations in the foundation’s filings for tax years 2022–2024.

Grant dollars by state

Colorado30%
Connecticut22%
California12%
New York11%
District of Columbia4%
New Jersey4%

6 other states: 11%

Outside the US or with no state on the filing: 6%

  • The largest single recipient received 27% of grant dollars to organisations.
  • In tax year 2024, 96% of grant dollars went to organisations The Grace and Mercy Foundation had funded in earlier filings.
  • No grants were paid directly to organisations outside the US.
  • 57% of grant dollars went to intermediaries that regrant to other organisations.

Grants

71 grants in the latest filing analysed · median $100k

How much do they typically give?

Share of 71 grants in tax year 2024 by size

$2.5k–$5k1%
$5k–$10k4%
$10k–$25k6%
$25k–$50k7%
$50k–$100k31%
$100k–$250k35%
$250k–$500k11%
$500k–$1M1%
$1M and over3%

Median $100k (tax year 2024)

The largest grants to organisations in the foundation’s latest filing:

  • Christian Community Foundation · Community
    $11,932,3152024 tax year
  • Faith Comes By Hearing · Religious
    $1,000,0002024 tax year
  • Prison Fellowship International · Humanitarian
    $700,0002024 tax year
  • Youth for Christ USA · Education
    $450,0002024 tax year
  • Luis Palau Association · Religious
    $401,0002024 tax year
  • Holy Name Medical Center Foundation · Community
    $400,0002024 tax year
  • Beacon Christian Community Health Center · Community
    $315,0002024 tax year
  • Fellowship of Christian Athletes · Education
    $305,0002024 tax year

Grants to organisations listed in the foundation’s Form 990-PF filings. Grants to individuals are not shown.

Officers and directors

  • Sung Kook Hwang — Co-Chairman and Director
  • Kayla Brown — Secretary
  • Andrew Mills — Co-Chairman and Director
  • Diana Pae — Chief Operating Officer
  • Imhyuk Yi — Treasurer
  • Sumi Kim — President
  • Becky Hwang — Vice President and Director

From the latest Form 990-PF filing

3 years of tax filings

YearTotal expensesGrants paidAssetsFiling document
2022 tax year$64,432,200$31,705,149$527,996,753Filing for 2022 tax year
2023 tax year$56,945,043$21,643,889$663,495,142Filing for 2023 tax year
2024 tax year$60,546,988$21,741,015$738,556,885Filing for 2024 tax year

Figures from the foundation’s IRS Form 990-PF filings. Assets are at fair market value at year end. The document icon links to each year’s filing on ProPublica Nonprofit Explorer.

Sources

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