Grace Science Foundation
Donations deductibleRevenue
$943k
year to 31 December 2024
Expenses
$1.5m
year to 31 December 2024
Total assets
$2.2m
$1k liabilities
Net assets
$2.2m
assets less liabilities
Directors and trustees
7
8.4y av
Staff
0
employees, year to 31 December 2024
Left since last filing
0
no seats appear to have opened
Voting members
7
reported in Part VI
Grace Science Foundation's network
7 peoplei7 people on this map.The large node is the subject of this page. Solid lines are what the register itself records (7). Form 990 filings give names without a person identifier; SEC insider filings carry a CIK.The board
7 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations.Tenure and departures are observed across annual filings. Observed tenure is a lower bound - a member may have joined before the first year on record. The organisation reported 7 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Chelsea Clinton | Director | 2018 | 8 yrs |
| Egon Durban | Chief Financial Officer | 2018 | 8 yrs |
| Elle Stephens | Director | 2018 | 8 yrs |
| J Taylor Crandall | Director | 2018 | 8 yrs |
| Ken Drazan | Company secretary | 2018 | 8 yrs |
| Matthew Wilsey | President | 2018 | 8 yrs |
| Pete Briger | Director | 2018 | 8 yrs |
Under 5 years5 to 6 years6 years or more
Pay and hours
year to 31 December 2024iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Matthew Wilsey | President | 0 | $0 | ||
| Egon Durban | Chief Financial Officer | 0 | $0 | ||
| Ken Drazan | Secretary | 0 | $0 | ||
| Pete Briger | Director | 0 | $0 | ||
| Chelsea Clinton | Director | 0 | $0 | ||
| J Taylor Crandall | Director | 0 | $0 | ||
| Elle Stephens | Director | 0 | $0 |
No pay was reported for anyone in Part VII on this return.
About
- Legal name
- Grace Science Foundation
- EIN
- 465727883
- Address
- 873 Santa Cruz Ave Ste 200, Menlo Park, CA, 94025-4635
- State
- California
- Mission
- The mission of the foundation is to support and fund the development of life-saving treatment for patients that are deficient in the n-glycanese enzyme and those suffering from related genetic diseases. The activities of the foundation will involve providing grant funding to hospitals and medical resesarch facilities which are conducting medical research in various fields relating to the... (as filed on the Form 990)
- Activity (NTEE)
- H99 Medical research
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Medical Research
- Size band
- 6 (IRS master file code)
- Formed
- 2014
- Principal officer
- Matthew R Wilsey (as named on the Form 990)
- IRS ruling date
- 1 July 2014
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 6, latest 2024
- IRS Publication 78
- PC (contributions deductible)
Most connected
Longest observed on the filings
≥8years on the filingsChelsea Clinton
≥8years on the filingsEgon Durban
≥8years on the filingsElle Stephens
≥8years on the filingsJ Taylor Crandall
Latest return
year to 31 December 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2024. US dollars, as filed.- Total assets
- $2.2m
- Total liabilities
- $1k
- Net assets or fund balances
- $2.2m
- Contributions and grants received
- $870k
- Program service revenue
- $0
- Grants and similar paid out
- $1.3m
- Employees
- 0
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $943k | $1.5m | Deficit $576k |
As filed on the IRS Form 990. US dollars.
Grants paid
13 listediFrom Schedule I of the Form 990: grants and assistance to organisations in the United States, largest first (up to 25). Schedule I is filed only by organisations that gave more than $5,000 to any one recipient.| Recipient | Purpose | Amount |
|---|---|---|
| Baylor College of Medicine | Ngly1 (jafar-nejad lab) | $453k |
| Psychogenics Inc | $353k | |
| The University of Texas Southwestern Medical Cente | Ngly1 (yan lab) | $204k |
| Unc Chapel Hill | $81k | |
| Charles River Laboratories | $68k | |
| Boston Children's Hospital | $49k | |
| Hilltop Lab Animals Inc | $28k | |
| Albert Einstein College of Medicine | Ngly1 (kaushik lab) | $24k |
| Purdue University | $24k | |
| Pharmaron | $20k | |
| University of Utah | $19k | |
| Stanford University | $10k | |
| University of Houston | $10k |