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Pacer Foundation is a private corporation based in WALTHAM, MA. The foundation received its IRS ruling in 1991. The principal officer is Fdc. It holds total assets of $5.7M. Annual income is reported at $2.4M. The foundation is governed by 6 officers and trustees. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in California, Massachusetts and Montana. According to available records, Pacer Foundation has made 78 grants totaling $225K, with a median grant of $1K. Individual grants have ranged from $500 to $23K, with an average award of $3K. The foundation has supported 39 unique organizations. The foundation primarily supports organizations in Massachusetts, California, Montana, which account for 64% of all grants. Grantmaking reaches organizations across 13 states. Contributions to this foundation are tax-deductible.
Pacer Foundation is a closed, single-family private foundation — not a competitive grant program. Multiple independent nonprofit-data sources (Cause IQ, Grantable, Instrumentl, GrantExec) and the foundation's own giving pattern confirm it "makes contributions to preselected charitable organizations" only; there is no open RFP, no public LOI portal, and no evidence any organization outside the trustees' personal network has ever received a grant. The internal database flags application_process as "online" and accepting_applications as true, but that conflicts with every external source and with the grant list itself, which reads as a family's personal giving ledger rather than a competitive program: elite New England prep schools (Brooks School, Shore Country Day School, Fessenden School, Westridge School), Santa Barbara, CA civic institutions (United Way of Santa Barbara, Santa Barbara Cottage Hospital Foundation, Sansum Clinic, SB Museum of Natural History), Gallatin County, MT nonprofits (Bridger Clinic, Greater Gallatin United Way), and Martha's Vineyard organizations (MV Community Services, Martha's Vineyard Hospital). That four-place footprint (Waltham/Boston MA, Santa Barbara CA, Bozeman/Gallatin MT, Martha's Vineyard MA) almost certainly maps to where the Foster/Walton/Woodard family lives, vacations, and sends children to school — not a stated program area. Note also that the website on file (pacer.org) resolves to PACER Center, a Minnesota disability-advocacy nonprofit unrelated to this foundation — a data-linkage error, not this funder's actual site; no verified independent website exists for the Pacer Foundation. For grant seekers: this is not a realistic cold-application target. The only credible path in is a genuine personal or institutional relationship with a Foster, Walton, or Woodard family member — as a board member, alumnus of one of the funded schools, or leader of one of the specific Santa Barbara/Montana/Martha's Vineyard organizations already in its portfolio. Absent that connection, resources are better spent on peer foundations with open, competitive processes (see Peer Comparison).
Total assets stood at $5,722,150 in the most recent database record, though the last full financial filing on hand (FY2022) showed $2,143,927 in assets — the gap likely reflects a market-value update or a later filing not yet in the detailed financial history. Annual giving has been strikingly stable for over a decade: $170,289 (FY2022), $131,852 (FY2021), $133,999 (FY2020), $162,710 (FY2019), $128,546 (FY2018), running back through $131,523 (FY2014), $145,913 (FY2013), $134,958 (FY2012), and $139,231 (FY2011) — a tight $128K-$170K band, aside from a single anomalous $1,112,300 grants-paid figure in FY2010 that looks like a one-time distribution or filing irregularity rather than a new baseline. Grants are small: across the 78-grant sample in the database, the average award is $2,885 and total disbursed is $225,000; external 990 aggregators report a similar profile — roughly 30 grants/year, median award around $2,000, individual grants ranging from $500 to $23,000, with Brooks School's $45,000 (across two grants) the largest single relationship on record. Every recorded grant purpose is generic "GENERAL PURPOSE" support — no restricted program grants, no capital campaigns, no multi-year pledges are evident. Geographically, California accounts for the largest share of grantee count (24 of 78, led by Santa Barbara-area health, education, and social-service nonprofits), followed by Massachusetts (16, split between prep schools and Boston-area hospitals/charities) and Montana (10, concentrated in Gallatin County). Smaller clusters appear in DC (4), Florida (4), New York (4), Vermont (4), Connecticut (2), Rhode Island (2), and Tennessee (2) — mostly single large national or alma-mater organizations (Georgetown University, Colby College, Elon University, World Wildlife Fund).
Pacer Foundation sits at the small end of the Massachusetts family-foundation landscape — modest assets, a stable but tiny annual payout, and a fully closed process, in contrast to open, competitive funders operating in the same Waltham/MetroWest geography.
| Foundation | Assets | Annual Giving | Primary Focus | Application |
|---|---|---|---|---|
| Pacer Foundation | $5.7M (latest) / $2.1M (FY2022 filing) | ~$130K-$170K/yr | Education, human services, general family philanthropy (MA/CA/MT) | Invited/preselected only — no public process |
| Cummings Foundation | ~$1.8B+ (public estimate; one of New England's largest) | $30M+/yr via its named \$30 Million Grant Program | Nonprofits serving Greater Boston (health, education, human services) | Open, highly competitive annual application |
| Community Foundation for MetroWest | Not publicly disclosed in sources reviewed | $1M+ per grant round (2025 cycle, per local reporting) | Local nonprofits across MetroWest MA, including Waltham | Open, competitive grant rounds |
The contrast is stark: Cummings Foundation and Community Foundation for MetroWest both run public, competitive processes in the same metro area and are realistic targets for an outside applicant, while Pacer Foundation's entire giving history shows no sign of an unsolicited grant ever being funded. Organizations located in Waltham or MetroWest MA seeking family-foundation support should treat Pacer as effectively unreachable and prioritize these open peers instead.
No news coverage, press releases, or program announcements specific to Pacer Foundation were found for 2025-2026, which is expected for a foundation that makes no public solicitations and has no active website or communications presence of its own. The one confirmed governance change on record is the March 2023 death of Chairperson Barbara Hunter Foster, reflected in the foundation's IRS filings, which list her as "CHAIRPERSON (DECEASED 3/23)" alongside continuing officers Hugh K. Foster Jr. (President), Frank H. Foster (Vice President), Jennifer BF Walton (Vice President), Elizabeth G. Woodard (Treasurer), and Adelaide E. Foster (Secretary) — all serving without compensation. Financial filings through FY2022 (the most recent detailed year available) show giving of $170,289, up from $131,852 in FY2021 and roughly in line with the decade-long $128K-$170K pattern; there is no indication of a post-2023 strategy shift, expanded program, or new focus area. Grant seekers should not expect a launch of any competitive program from this funder in the near term — its behavior over 12+ years of filings shows a small, quiet, relationship-based family foundation, and nothing in the 2025-2026 record suggests that is changing.
Pacer Foundation does not run a process that responds to unsolicited grant-writing craft, so the standard playbook does not apply here. Before investing any time: (1) Verify you are not being misled by the database's "Submit application online" / "accepting applications: true" flags — these conflict with every independent source (Cause IQ, Grantable, Instrumentl, GrantExec), all of which describe the foundation as funding only preselected organizations, and with the grant list itself, which shows only repeat gifts to a fixed roster of schools and hometown/vacation-area nonprofits. (2) Do not send a cold LOI or proposal to any address associated with "pacer.org" — that domain belongs to PACER Center, an unrelated Minnesota disability-advocacy nonprofit; there is no verified independent website for this foundation, and the correspondence address on file is a third-party administrator ("CO FDC, 1075 Main Street, Suite 200, Waltham, MA"), typically used for family-office/foundation administration rather than public inquiries. (3) The only realistic path to funding is relationship-based: if your organization already appears in the grantee list (Brooks School, Shore Country Day School, Fessenden School, Westridge School, United Way of Santa Barbara, Storyteller Children's Center, Santa Barbara Cottage Hospital Foundation, Sansum Clinic, Bridger Clinic, Greater Gallatin United Way, Direct Relief International, Martha's Vineyard Hospital, MV Community Services, or similar), maintain that relationship through normal donor stewardship (annual reports, invitations, thank-yous) rather than a formal reapplication — repeat "GENERAL PURPOSE" gifts suggest the foundation renews relationships it already trusts rather than reviewing new proposals annually. (4) If your organization is new to the family's orbit, the most plausible entry points are: being an alma mater or current school of a Foster/Walton/Woodard family member; operating in Santa Barbara, CA, Gallatin County, MT, or Martha's Vineyard, MA where the family appears to have a personal presence; or securing an introduction through a current grantee's board. (5) For organizations without any such connection, redirect effort toward open, competitive MA funders such as Cummings Foundation or the Community Foundation for MetroWest, where proposal quality and mission fit actually move the needle.
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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.
Total assets stood at $5,722,150 in the most recent database record, though the last full financial filing on hand (FY2022) showed $2,143,927 in assets — the gap likely reflects a market-value update or a later filing not yet in the detailed financial history. Annual giving has been strikingly stable for over a decade: $170,289 (FY2022), $131,852 (FY2021), $133,999 (FY2020), $162,710 (FY2019), $128,546 (FY2018), running back through $131,523 (FY2014), $145,913 (FY2013), $134,958 (FY2012), and $1.
Pacer Foundation has distributed a total of $225K across 78 grants. The median grant size is $1K, with an average of $3K. Individual grants have ranged from $500 to $23K.
Pacer Foundation is a closed, single-family private foundation — not a competitive grant program. Multiple independent nonprofit-data sources (Cause IQ, Grantable, Instrumentl, GrantExec) and the foundation's own giving pattern confirm it "makes contributions to preselected charitable organizations" only; there is no open RFP, no public LOI portal, and no evidence any organization outside the trustees' personal network has ever received a grant. The internal database flags application_process as.
Pacer Foundation is headquartered in WALTHAM, MA. While based in MA, the foundation distributes grants to organizations across 13 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Hugh K Foster Jr | PRESIDENT/DIRECTOR | $0 | $0 | N/A |
| Frank H Foster | VICE PRESIDENT/DIRECTOR | $0 | $0 | N/A |
| Jennifer Bf Walton | VICE PRESIDENT/DIRECTOR | $0 | $0 | N/A |
| Elizabeth G Woodard | TREASURER/DIRECTOR | $0 | $0 | N/A |
| Adelaide E Foster | SECRETARY/DIRECTOR | $0 | $0 | N/A |
| Barbara Hunter Foster | CHAIRPERSON (DECEASED 3/23) | $0 | $0 | N/A |
Total Giving
$170K
Total Assets
$2.1M
Fair Market Value
$2.7M
Net Worth
$2.1M
Grants Paid
$138K
Contributions
N/A
Net Investment Income
$46K
Distribution Amount
$130K
Total: $2.1M
Total Grants
78
Total Giving
$225K
Average Grant
$3K
Median Grant
$1K
Unique Recipients
39
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| ThriveGENERAL PURPOSE | Bozeman, MT | $11K | 2022 |
| Brown UniversityGENERAL PURPOSE | Providence, RI | $3K | 2022 |
| Brooks SchoolGENERAL PURPOSE | North Andover, MA | $23K | 2022 |
| United Way Of Santa BarbaraGENERAL PURPOSE | Santa Barbara, CA | $10K | 2022 |
| Shore Country Day SchoolGENERAL PURPOSE | Beverly, MA | $7K | 2022 |
| Direct Relief InternationalGENERAL PURPOSE | Santa Barbara, CA | $6K | 2022 |
| Storyteller Children'S CenterGENERAL PURPOSE | Santa Barbara, CA | $5K | 2022 |
| Sb Middle SchoolGENERAL PURPOSE | Santa Barbara, CA | $5K | 2022 |
| Elon UniversityGENERAL PURPOSE | Elon, NC | $5K | 2022 |
| Interlochen Center For The ArtsGENERAL PURPOSE | Interlochen, MI | $5K | 2022 |
| Raw Art WorksGENERAL PURPOSE | Lynn, MA | $3K | 2022 |
| St Jude HospitalGENERAL PURPOSE | Memphis, TN | $2K | 2022 |
| Planned Parenthood Of Northern New EnglandGENERAL PURPOSE | Colchester, VT | $2K | 2022 |
| Westridge SchoolGENERAL PURPOSE | Pasadena, CA | $2K | 2022 |
| Give Kids The WorldGENERAL PURPOSE | Kissimmee, FL | $1K | 2022 |
| Heart Of The Valley Humane SocietyGENERAL PURPOSE | Bozeman, MT | $1K | 2022 |
| Martha Vineyard'S HospitalGENERAL PURPOSE | Oak Bluffs, MA | $1K | 2022 |
| Michael J Fox Foundation-Parkinson'S ResGENERAL PURPOSE | New York, NY | $1K | 2022 |
| Mv Community ServicesGENERAL PURPOSE | Vineyard Haven, MA | $1K | 2022 |
| North Country Animal LeagueGENERAL PURPOSE | Morrisville, VT | $1K | 2022 |
| Pomfret FundGENERAL PURPOSE | Pomfret, CT | $1K | 2022 |
| S B Museum Of Natural HistoryGENERAL PURPOSE | Santa Barbara, CA | $1K | 2022 |
| Sb Cottage Hospital FoundationGENERAL PURPOSE | Santa Barbara, CA | $1K | 2022 |
| Sb Education FoundationGENERAL PURPOSE | Santa Barbara, CA | $1K | 2022 |
| Boston Children'S HospitalGENERAL PURPOSE | Boston, MA | $1K | 2022 |
| Bridger Clinic IncGENERAL PURPOSE | Bozeman, MT | $1K | 2022 |
| Cancer Foundation Of Santa BarbaraGENERAL PURPOSE | Santa Barbara, CA | $1K | 2022 |
| Music Academy Of The WestGENERAL PURPOSE | Santa Barbara, CA | $1K | 2022 |
| Sansum ClinicGENERAL PURPOSE | Santa Barbara, CA | $1K | 2022 |
| Women For Women InternationalGENERAL PURPOSE | Central Lslip, NY | $1K | 2022 |
| World Wildlife FundGENERAL PURPOSE | Washington, DC | $1K | 2022 |
| Colby CollegeGENERAL PURPOSE | Waterville, ME | $1K | 2022 |
| Travis Roy FoundationGENERAL PURPOSE | Boston, MA | $1K | 2022 |