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Donald C Brace Foundation C/O Cummings & Lockwood is a private trust based in SOUTH WINDSOR, CT. The foundation received its IRS ruling in 1988. The principal officer is % L Braff & Co. It holds total assets of $17.9M. Annual income is reported at $3M. According to available records, Donald C Brace Foundation C/O Cummings & Lockwood has made 3 grants totaling $5.6M, with a median grant of $1.9M. The foundation has distributed between $1.8M and $1.9M annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $1.9M distributed across 1 grants. Individual grants have ranged from $1.8M to $1.9M, with an average award of $1.9M. Grant recipients are concentrated in New York. Contributions to this foundation are tax-deductible.
Donald C Brace Foundation C/O Cummings & Lockwood is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in NY.
Donald C Brace Foundation C/O Cummings & Lockwood has distributed a total of $5.6M across 3 grants. The median grant size is $1.9M, with an average of $1.9M. Individual grants have ranged from $1.8M to $1.9M.
Donald C Brace Foundation C/O Cummings & Lockwood typically selects its grantees rather than accepting unsolicited proposals.
Donald C Brace Foundation C/O Cummings & Lockwood is headquartered in SOUTH WINDSOR, CT.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Katharine Butler | TRUSTEE | $0 | $0 | $0 |
| Karen Scheid | TRUSTEE | $0 | $0 | $0 |
Total Giving
$2.4M
Total Assets
$18.7M
Fair Market Value
$42.6M
Net Worth
$18.7M
Grants Paid
$1.9M
Contributions
$0
Net Investment Income
$1.1M
Distribution Amount
$1.9M
Total: $18.3M
Total Grants
3
Total Giving
$5.6M
Average Grant
$1.9M
Median Grant
$1.9M
Unique Recipients
1
Most Common Grant
$1.8M
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See Schedule AttachedUNRESTRICTED | Harrison, NY | $1.9M | 2023 |
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