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Grace River Foundation is a private trust based in BOSTON, MA. The foundation received its IRS ruling in 2001. The principal officer is Nichols & Pratt Llp. It holds total assets of $326K. Annual income is reported at $446K. Total assets have grown from $218K in 2011 to $301K 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 2016 to 2023. The foundation primarily funds organizations in Massachusetts, Maryland and Vermont. According to available records, Grace River Foundation has made 26 grants totaling $676K, with a median grant of $25K. Annual giving has grown from $150K in 2020 to $220K in 2023. Grantmaking activity was highest in 2022 with $306K distributed across 12 grants. Individual grants have ranged from $3K to $50K, with an average award of $26K. The foundation has supported 9 unique organizations. The foundation primarily supports organizations in Massachusetts, Vermont, Maryland, which account for 85% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$15K
Median Grant
$25K
Average Grant
$30K
Largest Grant
$50K
Based on 5 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 River Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 26 grants. Its grantmaking reaches organizations primarily in MA, VT, MD.
Grace River Foundation has distributed a total of $676K across 26 grants. The median grant size is $25K, with an average of $26K. Individual grants have ranged from $3K to $50K.
Grace River Foundation typically selects its grantees rather than accepting unsolicited proposals.
Grace River Foundation is headquartered in BOSTON, MA. While based in MA, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Richard K Nichols See Footnote | TRUSTEE | $5K | $0 | $5K |
| William B Hurd Jr See Footnote | TRUSTEE | $0 | $0 | N/A |
Total Giving
$229K
Total Assets
$301K
Fair Market Value
$578K
Net Worth
$301K
Grants Paid
$220K
Contributions
$222K
Net Investment Income
$223K
Distribution Amount
$24K
Total: $235K
Total Grants
26
Total Giving
$676K
Average Grant
$26K
Median Grant
$25K
Unique Recipients
9
Most Common Grant
$20K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| New England Learning CtrGENERAL SUPPORT | Greenfield, MA | $50K | 2023 |
| Safe PassageGENERAL SUPPORT | Northampton, MA | $35K | 2023 |
| Partners In HealthGENERAL SUPPORT | Frederick, MD | $30K | 2023 |
| Vermont Community FoundationVT FLOOD RESPONSE & | Middlebury, VT | $25K | 2023 |
| American Red CrossTURKEY EARTHQUATE RELIEF | Washington, DC | $25K | 2023 |
| Brigham & Women'S HospitalAFRICAN WOMEN'S HEALTH | Boston, MA | $20K | 2023 |
| Women'S Freedom CenterGENERAL SUPPORT | Brattleboro, VT | $20K | 2023 |
| Nofa-VtFARMER EMERGENCY FUND | Richmond, VT | $10K | 2023 |
| National Indigenous Women'S Resource CenUNRESTRICTED SUPPORT | Lame Deer, MT | $5K | 2023 |