1. Directory
  2. Iowa
  3. Cedar Rapids
  4. The Frank and Margaret Race Foundation
EIN 42-0925360

The Frank and Margaret Race Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Cedar Rapids
State
Iowa
Year formed
1967
Most recent tax filings
2023-12-01
NTEE code, primary
T20: Private Foundations
Description
The Frank and Margaret Race Foundation is a private foundation located in Cedar Rapids, IA that primarily funds general support, support of missionaries, pastoral counseling, and bible translation. Pioneer Bible Translators and other organizations have received grants from the foundation which made 11 grants last year.
Total revenues
$55,045
2023
Total expenses
$91,229
2023
Total assets
$2,548,431
2023
Num. employees
0
2023

Grants made by The Frank and Margaret Race Foundation

GranteeGrant descriptionAmount
All Nations FamilyGeneral Support$11,580
Standing Stone MinistriesPastoral Counseling$6,000
House of HopeGeneral Support$3,750
...and 3 more grants made

Personnel at The Frank and Margaret Race Foundation

NameTitleCompensation
Joseph R RusoPresident$0

Financials for The Frank and Margaret Race Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Investment income and dividends$43,920
Net rental income$0
Net gain from sale of non-inventory assets$11,125
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$55,045

Form 990s for The Frank and Margaret Race Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-14990PFView PDF
2022-122023-08-30990PFView PDF
2021-122022-05-11990PFView PDF
2020-122021-06-23990PFView PDF
2019-122021-06-09990PFView PDF
...and 8 more Form 990s

Organizations like The Frank and Margaret Race Foundation

OrganizationLocationRevenue
Wateree Floodlands Memorial ForestCamden, SC$39,558
Lindon Q Skidmore Charitable TrustDallas, TX$78,808
Plaquemines Young Mens Christian AssociationBuras, LA$15,840
Teague TR Fbo Christian Family Care AgWilmington, DE$237,534
James and Kathryn Jackson Family FoundationEvergreen, CO$98,927
Rodriguez Family FoundationRingwood, OK$199,400
Christian Community Development CorporationBenicia, CA$205,377
Camp Elim and Other Youth MinistriesSt Germain, WI$24,711
The Cole Family FoundationSalisbury, MD$143,376
Subke Wilbur TuwBirmingham, AL$26,723
Data update history
January 7, 2025
Posted financials
Added Form 990PF for fiscal year 2023
October 26, 2023
Posted financials
Added Form 990PF for fiscal year 2022
August 13, 2023
Posted financials
Added Form 990PF for fiscal year 2021
June 8, 2022
Posted financials
Added Form 990PF for fiscal year 2020
October 4, 2021
Posted financials
Added Form 990PF for fiscal year 2019
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
Human services
Characteristics
ChristianReligiousProvides grantsState / local levelTax deductible donationsNo full-time employees
General information
Address
222 3rd Ave Se 269
Cedar Rapids, IA 52401
Metro area
Cedar Rapids, IA
County
Linn County, IA
Phone
(319) 366-7300
IRS details
EIN
42-0925360
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
1967
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
Free account sign-up

Want updates when The Frank and Margaret Race Foundation has new information, or want to find more organizations like The Frank and Margaret Race Foundation?

Create free Cause IQ account
Cause IQ is a website that helps companies grow, maintain, and serve their nonprofit clients, and helps nonprofits find additional foundation funding. Our data and tools help professionals prospect for nonprofits, research opportunities, benchmark their clients, and enrich existing information.
Nonprofits
Product
Customers
About

© 2025 Nonprofit Metrics LLC
Terms of Service and Privacy Policy