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Grace Charitable Foundation Inc. is a private corporation based in GARDEN CITY, NY. The foundation received its IRS ruling in 2004. The principal officer is Grace Charitable Foundation Inc.. It holds total assets of $12.2M. Annual income is reported at $1.5M. Total assets have grown from $6M in 2011 to $11.9M in 2022. The foundation is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2019 to 2023. The foundation primarily funds organizations in New York and California. According to available records, Grace Charitable Foundation Inc. has made 133 grants totaling $2.6M, with a median grant of $3K. Annual giving has grown from $420K in 2021 to $576K in 2023. Grantmaking activity was highest in 2022 with $1.6M distributed across 82 grants. Individual grants have ranged from $250 to $250K, with an average award of $20K. The foundation has supported 57 unique organizations. The foundation primarily supports organizations in District of Columbia, New York, Massachusetts, which account for 56% of all grants. Grantmaking reaches organizations across 17 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$3K
Average Grant
$12K
Largest Grant
$125K
Based on 34 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Grace Charitable Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 133 grants. Its grantmaking reaches organizations primarily in DC, NY, MA.
Grace Charitable Foundation Inc. has distributed a total of $2.6M across 133 grants. The median grant size is $3K, with an average of $20K. Individual grants have ranged from $250 to $250K.
Grace Charitable Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Grace Charitable Foundation Inc. is headquartered in GARDEN CITY, NY. While based in NY, the foundation distributes grants to organizations across 17 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Doreen Downs | DIRECTOR, PRESIDENT, TREASURER | $0 | $0 | N/A |
Total Giving
$657K
Total Assets
$11.9M
Fair Market Value
$12.6M
Net Worth
$11.9M
Grants Paid
$576K
Contributions
N/A
Net Investment Income
$486K
Distribution Amount
$603K
Total: $11.4M
Total Grants
133
Total Giving
$2.6M
Average Grant
$20K
Median Grant
$3K
Unique Recipients
57
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| New Venture FundGENERAL PURPOSE | Washington, DC | $250K | 2023 |
| The Center For Systems Awareness IncGENERAL PURPOSE | North Andover, MA | $80K | 2023 |
| United Way Of Long IslandGENERAL PURPOSE | Deer Park, NY | $70K | 2023 |
| Chimp HavenGENERAL PURPOSE | Keithville, LA | $65K | 2023 |
| New York Public RadioGENERAL PURPOSE | New York, NY | $50K | 2023 |
| Northwell Health FoundationGENERAL PURPOSE | New Hyde Park, NY | $50K | 2023 |
| Riverkeeper IncGENERAL PURPOSE | Ossining, NY | $2K | 2023 |
| DonorschooseGENERAL PURPOSE | New York, NY | $2K | 2023 |
| New Roots Institute (Fka Factory Farming Awareness Coalition)GENERAL PURPOSE | Los Angeles, CA | $1K | 2023 |
| Wild Fish ConservancyGENERAL PURPOSE | Duvall, WA | $1K | 2023 |
| Homes Not BordersGENERAL PURPOSE | Landover, MD | $1K | 2023 |
| Cornell Lab Of OrnithologyGENERAL PURPOSE | Ithaca, NY | $1K | 2023 |
| National Wildlife FederationGENERAL PURPOSE | Reston, VA | $1K | 2023 |
| Consumer ReportsGENERAL PURPOSE | Yonkers, NY | $848 | 2023 |
| Rip Medical DebtGENERAL PURPOSE | Boston, MA | $513 | 2023 |
| The Humane Society Of The United StatesGENERAL PURPOSE | Washington, DC | $500 | 2023 |
| Yale UniversityGENERAL PURPOSE | New Haven, CT | $500 | 2023 |
| Massachusetts Institute Of TechnologyGENERAL PURPOSE | Boston, MA | $200K | 2022 |
| Good Plus Foundation IncGENERAL PURPOSE | New York, NY | $50K | 2022 |
| Seventh Generation AdvisorsGENERAL SUPPORT | Santa Monica, CA | $20K | 2022 |
| The Brigid AllianceGENERAL PURPOSE | New York, NY | $12K | 2022 |
| Center For Orangutan And Chimpanzee Conservation IncGENERAL PURPOSE | Wauchula, FL | $8K | 2022 |
| National Audubon SocietyGENERAL PURPOSE | New York, NY | $6K | 2022 |
| Animal Legal Defense FundGENERAL PURPOSE | Cotati, CA | $6K | 2022 |
| Defenders Of WildlifeGENERAL PURPOSE | Washington, DC | $6K | 2022 |
| Lazarex Cancer FoundationGENERAL PURPOSE | Danville, CA | $5K | 2022 |
| Theodore Roosevelt Sanctuary And Audubon CenterGENERAL PURPOSE | Oyster Bay, NY | $5K | 2022 |
| National Network Of Abortion FundsGENERAL PURPOSE | Beaverton, OR | $5K | 2022 |