2025-11-07T07:02:16-06:00 2024-12-31 812950760 SAX LLP 1040 AVENUE OF THE AMERICAS16TH FLOOR NEW YORK NY 10018 990 2024-01-01 131641069 GRACE INSTITUTE GRAC 2122620662 101 PARK AVENUE 17TH FLOOR NEW YORK NY 10178 PATRICK GRACE PRESIDENT/SECRETARY 2122620662 2025-11-07 1 0 MIKE SCHALL P02024184 2122682804 2025-11-06 2024 2025-03-06 01:10:19Z X PATRICK GRACE 101 PARK AVENUE 17TH FLOOR NEW YORK NY 10178 15355691 0 X X 1897 NY PROVIDE FINANCIAL SUPPORT TO JOB TRAINING PROGRAMS THAT ENABLE WOMEN TO ACHIEVE EMPLOYMENT. 8 7 1 7 0 0 0 0 0 0 1328173 1611800 0 0 1328173 1611800 1420000 1458500 0 0 220514 282245 0 0 0 1476865 1496621 3117379 3237366 -1789206 -1625566 47015400 45698476 4322782 3805800 42692618 41892676 X GRACE INSTITUTE (THE "FOUNDATION") PROVIDES FINANCIAL SUPPORT TO JOB TRAINING PROGRAMS IN NEW YORK CITY THAT ENABLE WOMEN TO ACHIEVE SUSTAINED, GAINFUL EMPLOYMENT. THE FOUNDATION GIVES PARTICULAR ATTENTION TO THE ONGOING OPERATION AND VIABILITY OF GRACE INSTITUTE OF NEW YORK, WHICH ASSUMED THE FOUNDATION'S HISTORICAL OPERATION ROLE IN NEW YORK CITY WORKFORCE DEVELOPMENT IN OCTOBER 2016. 0 0 2206462 1458500 PROVIDED GRANTS TO DESERVING WORKFORCE DEVELOPMENT ORGANIZATIONS IN LINE WITH OUR MISSION. 2206462 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 7 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 7 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X SHERRY LI 2122620662 1270 AVENUE OF THE AMERICAS NEW YORK NY 10020 PATRICK P GRACE PRESIDENT & CHIEF EXECUTIVE OFFICER 40.00 X X 238694 0 29356 PATRICIA MONTGOMERIE SECRETARY & TREASURER 5.00 X X 0 0 0 PEDRO F MATA CHAIRMAN 2.00 X X 0 0 0 REV DR PATRICK DEVINE SMA 2.00 X 0 0 0 MARGARET GRACE DIRECTOR 2.00 X 0 0 0 MARY TIDLUND DIRECTOR 2.00 X 0 0 0 ELISE M GRACE DIRECTOR 2.00 X 0 0 0 RUSSELL MONTGOMERIE DIRECTOR 2.00 X 0 0 0 238694 0 29356 1 0 1 1 VINCENT L POMERANZ 200 EAST 90TH STREET APT17E NEW YORK NY 10128 MANAGE INVESTMENT AND FINANCIALS 145596 1 717554 717554 14638137 13743891 894246 894246 894246 1611800 0 0 1611800 1458500 1458500 268196 214557 53639 14049 11239 2810 31700 31700 38400 38400 571109 571109 54550 54550 18484 18484 1723 1378 345 259867 259867 520788 520788 3237366 2206462 1030904 0 22560 303233 514472 238661 20391416 4759331 16152874 15632085 15908084 15259924 14377463 14218668 39947 45905 47015400 45698476 124164 151399 4198618 3654401 4322782 3805800 X 42630653 41830711 61965 61965 42692618 41892676 47015400 45698476 -1625566 825624 0 X X 0 1 X 1 0 X 20310748 4678663 15632085 53948 53948 0 26720 26720 0 15632085 ALTERNATIVE INVESTMENTS 14218668 F 14218668 X 1866315 825624 825624 1040691 571109 571109 1611800 2666257 0 2666257 571109 571109 3237366 PART X, LINE 2: THE FOUNDATION DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE ANY MATERIAL, UNCERTAIN TAX POSITIONS. TAX FILINGS FOR PERIODS ENDING DECEMBER 31, 2021 AND LATER ARE SUBJECT TO EXAMINATION BY APPLICABLE TAXING AUTHORITIES. 0 CATHOLIC CHARITIES ARCH OF NY 1011 1ST AVE 11TH FLOOR NEW YORK NY 10022 135562185 501(C)(3) 13500 0 OPERATIONAL SUPPORT GRACE INSTITUTE OF NEW YORK 40 RECTOR STREET 14TH FLOOR NEW YORK NY 10006 810844164 501(C)(3) 1125000 0 OPERATIONAL SUPPORT GRACE OUTREACH 378 E 151ST ST 5 BRONX NY 10455 861110482 501(C)(3) 300000 0 OPERATIONAL SUPPORT THE FLAX TRUST AMERICA 320 PARK AVE - 4TH FLOOR NEW YORK NY 10022 251482764 501(C)(3) 20000 0 OPERATIONAL SUPPORT 4 X X X 0 0 0 0 0 0 0 0 0 PATRICK P GRACE PRESIDENT & CHIEF EXECUTIVE OFFICER 227194 0 11500 0 0 0 0 0 29356 0 268050 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 PATRICK GRACE AND PATRICIA MONTGOMERIE ARE COUSINS. PATRICK GRACE & MARGARET GRACE ARE MARRIED. RUSSELL AND PATRICIA MONTGOMERIE ARE RELATED. FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT REVIEWED A DRAFT OF THE FORM 990 WITH THE AUDIT/FINANCE COMMITTEE AND PROVIDED EDITS TO THE TAX PREPARER. AFTER THIS PROCESS WAS PERFORMED, THE FORM 990 WAS SENT TO THE FULL BOARD OF DIRECTORS PRIOR TO BEING FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A BOARD APPROVED CONFLICT OF INTEREST POLICY. EACH BOARD MEMBER MUST FILL OUT AN ANNUAL DECLARATION STATING THEY HAD NO CONFLICTS OR IDENTIFYING THE NATURE OF THEIR INTERESTED PARTY TRANSACTIONS. FORM 990, PART VI, SECTION B, LINE 15A EACH YEAR, THE BOARD REVIEWS COMPARABLE SALARIES BASED ON A RECOGNIZED STUDY AND REVIEWS THE PERFORMANCE OF THE PRESIDENT & CEO TO DETERMINE IF THE EXISTING SALARY FALLS WITHIN THESE RANGES. AFTER A DELIBERATION OF THIS MATTER, A NEW PROPOSED SALARY PACKAGE IS VOTED ON. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.