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Pace Family Foundation Inc. is a private corporation based in PRINCETON, WV. The foundation received its IRS ruling in 1999. The principal officer is Charles Pace. It holds total assets of $1.4M. Annual income is reported at $392K. Total assets have grown from $1.2M in 2011 to $1.4M in 2023. The foundation is governed by 6 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2016 to 2023. Grantmaking is concentrated in West Virginia. According to available records, Pace Family Foundation Inc. has made 151 grants totaling $495K, with a median grant of $2K. The foundation has distributed between $75K and $266K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $266K distributed across 78 grants. Individual grants have ranged from $500 to $24K, with an average award of $3K. The foundation has supported 33 unique organizations. Grants have been distributed to organizations in West Virginia and Florida. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$2K
Average Grant
$3K
Largest Grant
$22K
Based on 23 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.
Pace Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 151 grants. Its grantmaking reaches organizations primarily in WV, FL.
Pace Family Foundation Inc. has distributed a total of $495K across 151 grants. The median grant size is $2K, with an average of $3K. Individual grants have ranged from $500 to $24K.
No restrictions. Foundation primarily supports religious and educational needs.
Pace Family Foundation Inc. is headquartered in PRINCETON, WV. While based in WV, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Margaret A Pace | PRESIDENT & | $0 | $0 | N/A |
| Charles W Pace | VICE-PRES & | $0 | $0 | N/A |
| Connie W Pace | SECRETARY & | $0 | $0 | N/A |
| C W Pace Jr | TREAS & DIRE | $0 | $0 | N/A |
| Cynthia Jones | DIRECTOR | $0 | $0 | N/A |
| Tiffany Pace | DIRECTOR | $0 | $0 | N/A |
Total Giving
$81K
Total Assets
$1.4M
Fair Market Value
$1.8M
Net Worth
$1.4M
Grants Paid
$80K
Contributions
N/A
Net Investment Income
$62K
Distribution Amount
$83K
Total: $899K
Total Grants
151
Total Giving
$495K
Average Grant
$3K
Median Grant
$2K
Unique Recipients
33
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Marshall University FoundationOPERATING FUNDS | Huntington, WV | $19K | 2023 |
| Big Green Scholarship FoundationOPERATING FUNDS | Huntington, WV | $12K | 2023 |
| Chuck Mathena FoundationOPERATING FUNDS | Princeton, WV | $8K | 2023 |
| Concord University FoundationOPERATING FUNDS | Athens, WV | $6K | 2023 |
| Cross Lanes Elementary SchoolOPERATING FUNDS | Cross Lanes, WV | $3K | 2023 |
| The Catholic Sharing AppealOPERATING FUNDS | Whelling, WV | $3K | 2023 |
| Tender Mercies Ministries IncOPERATING FUNDS | Princeton, WV | $3K | 2023 |
| Second Chance For CatsOPERATING FUNDS | Bluefield, WV | $2K | 2023 |
| Princeton Community Hospital FoundOPERATING FUNDS | Princeton, WV | $2K | 2023 |
| Children'S Home Society Of WvOPERATING FUNDS | Charleston, WV | $2K | 2023 |
| Sacred Heart Catholic ChurchOPERATING FUNDS-FOOD PANTRY | Bluefield, WV | $2K | 2023 |
| Manna MealOPERATING FUNDS | Charleston, WV | $2K | 2023 |
| Mountian MissionOPERATING FUNDS | Charleston, WV | $2K | 2023 |
| Bluefield Union MissionOPERATING FUNDS | Bluefield, WV | $2K | 2023 |
| City Of PrincetonOPERTING FUNDS | Princeton, WV | $2K | 2023 |
| Heaven Sent MinistriesOPERATING FUNDS | Princeton, WV | $2K | 2023 |
| Salvation Army Of Princeton WvOPERATING FUNDS | Princeton, WV | $2K | 2023 |
| Catholic Charities West VirginiaOPERATING FUNDS | Princeton, WV | $2K | 2023 |
| Food For The PoorOPERATING FUNDS | Coconut Creek, FL | $1K | 2023 |
| Appalachian Teen ChallengeOPERATING FUNDS | Princeton, WV | $1K | 2023 |
| Child Protect Of Mercer CountyOPERATING FUNDS | Princeton, WV | $1K | 2023 |
| Kanawha-Charleston Humane AssociatiOPERATING FUNDS | Charleston, WV | $1K | 2023 |
| Abel Pregnancy Resource CenterOPERATING FUNDS | Bluefield, WV | $1K | 2023 |
| Ridn 4 A CureOPERATING FUNDS | Princeton, WV | $1K | 2023 |
| Community Foundation Of The VasOPERATING FUNDS | Bluefield, WV | $500 | 2023 |
| Alzheimer'S AssociationOPERATING FUNDS | Charleston, WV | $500 | 2023 |
HUNTINGTON, WV
PRINCETON, WV
MARTINSBURG, WV