Program areas at Grace Works Jersey City
Consistent with the organizations mission, provided grants to a church facilities fund and a charitable organization operating in the Grace Van Vorst area of Jersey City to support their provision of food, social services and spiritual support to people in need, as well as space for community activities.
Consistent with the organizations mission, provided a land acquisition loan and an equipment lease at below market rates to a public school to help it construct a new school facility and to acquire instructional equipment for the benefit of the children of Jersey City.
"the mission of the organization is to serve the people of its immediate Grace Van Vorst neighborhood and of the broader Jersey City community by providing or supporting the provisions of: (1)social services for people in need; (2)education (3)affordable Housing, schools, and community centers; and by (4)engaging in other activities, permitted under n.j.s.a. 15a-1, et seq., which address human (including spiritual) needs. "by having below market mortgages and lease financing to beloved community charter school and empowerment academy charter school, the organization has provided financial support for their educational services.
Grants made by Grace Works Jersey City
Personnel at Grace Works Jersey City
Name | Title | Compensation | Date of data |
---|
Bret Schundler | President | $0 | 2023-05-16 |
Financials for Grace Works Jersey City
Revenues | FYE 06/2023 | FYE 06/2022 | % Change |
---|
Total grants, contributions, etc. | $0 | $0 | - |
Investment income and dividends | $143,681 | $63,878 | 124.9% |
Net rental income | $0 | $0 | - |
Net gain from sale of non-inventory assets | $0 | $0 | - |
Gross sales of inventory | $0 | $0 | - |
Miscellaneous revenues | $9,554 | $34,025 | -71.9% |
Total revenues | $153,235 | $97,903 | 56.5% |
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Data update history
November 25, 2023
Posted financials
Added Form 990PF for fiscal year 2021
July 5, 2023
Posted financials
Added Form 990PF for fiscal year 2022
May 15, 2023
Updated personnel
Identified 1 new personnel
February 24, 2022
Posted financials
Added Form 990PF for fiscal year 2020
September 27, 2021
Updated personnel
Identified 7 new personnel
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedState / local levelCommunity engagement / volunteeringTax deductible donationsNo full-time employees
General information
- Address
- 39 Erie St
- Jersey City, NJ 07302
- Metro area
- New York-Newark-Jersey City, NY-NJ-PA
- County
- Hudson County, NJ
- Phone
- (201) 988-7756
IRS details
- EIN
- 22-2885442
- Fiscal year end
- June
- Taxreturn type
- Form 990-PF
- Year formed
- 2015
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- T20: Private Foundations
- NAICS code, primary
- 813211: Grantmaking Foundations
- Parent/child status
- Independent
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