The Step Onward Foundation is the official name of this Non-Profit business also having done business as The Grace Foundation Of Texas and The Grace Foundation USA. Our initial branding as The Grace Foundation started in honor of our first recipient and we operated under the auspices of the Austin Community Foundation for many developmental years. The Step Onward Foundation re-branded in 2014 and on March 30, 2015 we received confirmation of our independent tax exempt status of 501 (c) (3) from the Internal Revenue Service and Department of the Treasury. Our effective date of exemption was October 1, 2014.
Our Public Charity Status is 170 (b) (1) (a) (vi). We have contribution deductibility and no addendum applies. The Step Onward Foundation also qualifies to receive tax deductible bequests, devises, transfers or gifts under 2055, 2106 or 2522 under the code.