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Grace Court Foundation Inc. is a private corporation based in WINSTON SALEM, NC. The foundation received its IRS ruling in 2011. It holds total assets of $32K. Annual income is reported at $15K. Total assets have decreased from $162K in 2011 to $43K in 2023. The foundation is governed by 2 officers and trustees. 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 2017 to 2024. Funding is distributed across 5 states, including North Carolina, Texas, Rhode Island. According to available records, Grace Court Foundation Inc. has made 35 grants totaling $41K, with a median grant of $1K. Annual giving has decreased from $13K in 2022 to $10K in 2024. Grantmaking activity was highest in 2023 with $18K distributed across 18 grants. Individual grants have ranged from N/A to $6K, with an average award of $1K. The foundation has supported 9 unique organizations. The foundation primarily supports organizations in North Carolina, Rhode Island, Massachusetts, which account for 69% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$180
Median Grant
$968
Average Grant
$1K
Largest Grant
$3K
Based on 8 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 Court Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 35 grants. Its grantmaking reaches organizations primarily in NC, RI, MA.
Grace Court Foundation Inc. has distributed a total of $41K across 35 grants. The median grant size is $1K, with an average of $1K. Individual grants have ranged from N/A to $6K.
Grace Court Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Grace Court Foundation Inc. is headquartered in WINSTON SALEM, NC. While based in NC, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Laurence A Rosen | PRESIDENT, ASST. TREASURER | $0 | $0 | N/A |
| Susan A Rosen | SECRETARY/TREASURER | $0 | $0 | N/A |
Total Giving
$13K
Total Assets
$43K
Fair Market Value
$49K
Net Worth
$43K
Grants Paid
$10K
Contributions
N/A
Net Investment Income
$941
Distribution Amount
$3K
Total: N/A
Total Grants
35
Total Giving
$41K
Average Grant
$1K
Median Grant
$1K
Unique Recipients
9
Most Common Grant
$1K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Brown UniversityEDUCATION | Providence, RI | $750 | 2024 |
| Chabad Of GreensboroCOMMUNITY DEVELOPMENT | Greensboro, NC | $6K | 2024 |
| Chabad Of Wake Forest UniversityCOMMUNITY DEVELOPMENT | Winston Salem, NC | $1K | 2024 |
| Yale Annual FundEDUCATION | New Haven, CT | $750 | 2024 |
| Williams CollegeEDUCATION | Williamstown, MA | $750 | 2024 |
| Salem CollegeEDUCATION | Winston Salem, NC | $500 | 2024 |
| Yiddish Book CenterEDUCATION | Amherst, MA | $180 | 2024 |
| Yivo Institute For Jewish ResearchEDUCATION | New York, NY | $180 | 2024 |
| Bialystoker SynagogueCOMMUNITY DEVELOPMENT | New York, NY | N/A | 2023 |