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Brace Family Foundation Inc. is a private corporation based in WAYNESVILLE, NC. The foundation received its IRS ruling in 2015. It holds total assets of $1. Annual income is reported at $1K. AURORA THEATRE. According to available records, Brace Family Foundation Inc. has made 15 grants totaling $248K, with a median grant of $7K. Annual giving has grown from $40K in 2020 to $102K in 2022. Grantmaking activity was highest in 2021 with $106K distributed across 6 grants. Individual grants have ranged from $1K to $59K, with an average award of $17K. The foundation has supported 9 unique organizations. Grants have been distributed to organizations in Georgia and North Carolina and Colorado. Contributions to this foundation are tax-deductible.
LATIN AMERICAN ASSOCIATION
GWINNETT COUNTY SCHOOLS
NORCROSS COOPERATIVE
AURORA THEATRE. Based on available records, the foundation has funded 15 grants. Its grantmaking reaches organizations primarily in GA, NC, CO.
Brace Family Foundation Inc. has distributed a total of $248K across 15 grants. The median grant size is $7K, with an average of $17K. Individual grants have ranged from $1K to $59K.
Brace Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Brace Family Foundation Inc. is headquartered in WAYNESVILLE, NC. While based in NC, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Gary L Brace | PRESIDENT | $0 | $0 | $0 |
| Jessica L Brace | VICE PRESIDENT | $0 | $0 | $0 |
| Derek W Brace | TREASURER | $0 | $0 | $0 |
| Craig R Brace | SECRETARY | $0 | $0 | $0 |
Total Giving
$19
Total Assets
$1
Fair Market Value
$0
Net Worth
$1
Grants Paid
$0
Contributions
$0
Net Investment Income
$0
Distribution Amount
$0
Total Grants
15
Total Giving
$248K
Average Grant
$17K
Median Grant
$7K
Unique Recipients
9
Most Common Grant
$3K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Aurora TheatreCHARITABLE | Lawrenceville, GA | $59K | 2022 |
| Neighborhood Cooperative MinistryCHARITABLE | Norcross, GA | $25K | 2022 |
| Young Life HaitiCHARITABLE | Colorado Springs, CO | $7K | 2022 |
| Gwinnett County SchoolsCHARITABLE | Suwanee, GA | $5K | 2022 |
| Hart TheatreCHARITABLE | Waynesville, NC | $4K | 2022 |
GLENWOOD, MD
CARMEL, NY
FAIRVIEW, NC
ATLANTA, GA
KERNERSVILLE, NC
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| Haywood Christian MinistryCHARITABLE |
| Waynesville, NC |
| $3K |
| 2022 |
| United Way Of Haywood CoCHARITABLE | Waynesville, NC | $10K | 2021 |
| Latin American AssociationCHARITABLE | Norcross, GA | $3K | 2021 |
| Norcross Cooperative MinistryCHARITABLE | Norcross, GA | $10K | 2020 |
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