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Pace Foundation is a private corporation based in BESSEMER, AL. The foundation received its IRS ruling in 2018. It holds total assets of $38K. Annual income is reported at N/A. Total assets have decreased from $198K in 2019 to $81K in 2023. The foundation is governed by 5 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 2018 to 2023. Grantmaking is concentrated in Alabama. According to available records, Pace Foundation has made 15 grants totaling $203K, with a median grant of $15K. Annual giving has decreased from $59K in 2021 to $32K in 2023. Grantmaking activity was highest in 2022 with $112K distributed across 8 grants. Individual grants have ranged from $1K to $23K, with an average award of $14K. The foundation has supported 5 unique organizations. Grants have been distributed to organizations in Alabama and Wisconsin. Contributions to this foundation are tax-deductible.
Smallest Grant
$12K
Median Grant
$18K
Average Grant
$17K
Largest Grant
$20K
Based on 4 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 Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 15 grants. Its grantmaking reaches organizations primarily in AL, WI.
Pace Foundation has distributed a total of $203K across 15 grants. The median grant size is $15K, with an average of $14K. Individual grants have ranged from $1K to $23K.
Pace Foundation typically selects its grantees rather than accepting unsolicited proposals.
Pace Foundation is headquartered in BESSEMER, AL. While based in AL, the foundation distributes grants to organizations across 2 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Rachel Releford | SECRETARY | $0 | $0 | N/A |
| Matthew Lawrence | PRESIDENT/DIRECTOR | $0 | $0 | N/A |
| Allen Crook | VICE PRESIDENT/DIRECTOR | $0 | $0 | N/A |
| Steven Miller | TREASURER | $0 | $0 | N/A |
| William Lawrence | DIRECTOR | $0 | $0 | N/A |
Total Giving
$32K
Total Assets
$81K
Fair Market Value
$81K
Net Worth
$81K
Grants Paid
$32K
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
$5K
Total Grants
15
Total Giving
$203K
Average Grant
$14K
Median Grant
$15K
Unique Recipients
5
Most Common Grant
$15K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| First LightTO PROVIDE HOUSING FOR HOMELESS WOMEN AND CHILDREN. | Birmingham, AL | $15K | 2023 |
| Special Equestrians IncTO SUPPORT THERAPEUTIC HORSEBACK RIDING FOR THOSE WITH DISABILITIES. | Indian Springs, AL | $10K | 2023 |
| Brother Bryan MissionTO PROVIDE RESIDENTIAL PROGRAMS FOR THE HOMELESS IN CENTRAL ALABAMA. | Birmingham, AL | $8K | 2023 |
| Dewayne GlazeTO SUPPORT THERAPEUTIC REHABILITATION | West Blocton, AL | $2K | 2022 |
| Greater Milwaukee FoundationTO SUPPORT CARRIE EHLERS MEMORIAL | Milwaukee, WI | $1K | 2021 |
BIRMINGHAM, AL
BIRMINGHAM, AL
BIRMINGHAM, AL