The Frank and Margaret Race Foundation Inc
Invitation OnlyCedar Rapids, Iowa · EIN 42-0925360 · Private foundation
Grants paid (2024)$60K
Organizations funded7
Typical grant$8,000
Total assets$3.1M
Half of its grants to organizations were between $5,000 and $12,000.
From the return
How to apply
On its return for tax year 2024 the foundation checked the box saying it only makes contributions to preselected charitable organizations and does not accept unsolicited requests for funds.
What it funds
Share of grant lines on the latest return, classified from the purpose each grant states.
Where it gives
100% of grants went outside Iowa.
Grants paid in tax year 2024
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| All Nations Family | Grandview, MO | General support | $12,000 |
| Standing Stone Ministry | Newport Beach, CA | Pastoral counseling | $12,000 |
| Ywam | Garden Valley, TX | General support | $12,000 |
| Pioneer Bible Translators | Manhattan, KS | Bible translation | $8,000 |
| One for Israel | Grapevine, TX | General support | $6,500 |
| Preborn Abortion Alternative | Indianapolis, IN | General support | $5,000 |
| Christian Church of Estes Park | Estes Park, CO | General support | $4,153 |
Giving by year
| Tax year | Grants paid | Grant lines |
|---|---|---|
| 2024 | $59,653 | 7 |
| 2023 | $59,080 | 11 |
Sources
- IRS Form 990-PF, tax year 2024, filed Nov 17, 2025 - IRS e-file batch, object ID 202503219349102200
- IRS Tax Exempt Organization Search for EIN 42-0925360
- Profile updated Nov 7, 2026
Facts on this page come from the foundation's own IRS Form 990-PF filings as published by the IRS. Grantvello does not know whether a foundation is accepting proposals right now: a past grant is not an open opportunity. Always confirm current guidelines with the funder before applying.