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Paces Foundation Inc. is a private corporation based in SMYRNA, GA. The foundation received its IRS ruling in 1992. The principal officer is % Mark Du Mas. It holds total assets of $93M. Annual income is reported at $44.3M. THE ORGANIZATION SPONSORS THE DEVELOPMENT AND OPERATION OF AFFORDABLE HOUSING FOR LOW-INCOME INDIVIDUALS IN ORDER TO MEET THE HOUSING NEEDS OF THE LOW INCOME RESIDENTS. According to available records, Paces Foundation Inc. has made 4 grants totaling $14K, with a median grant of $2K. Individual grants have ranged from $102 to $10K, with an average award of $3K. The foundation has supported 4 unique organizations. Grants have been distributed to organizations in Georgia and Tennessee. Contributions to this foundation are tax-deductible.
The organization sponsors the development and operation of affordable housing for low-income individuals in order to meet the housing needs of the low income residents
Expenses: $3.1M
THE ORGANIZATION SPONSORS THE DEVELOPMENT AND OPERATION OF AFFORDABLE HOUSING FOR LOW-INCOME INDIVIDUALS IN ORDER TO MEET THE HOUSING NEEDS OF THE LOW INCOME RESIDENTS. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in GA, TN.
Paces Foundation Inc. has distributed a total of $14K across 4 grants. The median grant size is $2K, with an average of $3K. Individual grants have ranged from $102 to $10K.
Paces Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Paces Foundation Inc. is headquartered in SMYRNA, GA. While based in GA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Mark Du Mas | President | $980K | $0 | $980K |
| Renee Sandell | Vice-President | $353K | $0 | $353K |
| Julie Bowen | Board Member | $0 | $0 | $0 |
| Robert Ryan | Board Member | $0 | $0 | $0 |
| Kevin Kirby | Secretary | $0 | $0 | $0 |
Total Giving
$11.7M
Total Assets
$87.8M
Fair Market Value
$87.8M
Net Worth
$20.5M
Grants Paid
$4K
Contributions
$223K
Net Investment Income
$305K
Distribution Amount
$387K
Total: $5.6M
Total Grants
4
Total Giving
$14K
Average Grant
$3K
Median Grant
$2K
Unique Recipients
4
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Brownsville Assembly Of GodHUMANITARIAN AID AND SUPPORT | Pensacola, GA | $10K | 2022 |
| Cobb Sheriffs FoundationHUMANITARIAN AID AND SUPPORT | Marietta, GA | $3K | 2022 |
| Rome Children'S AcademyHUMANITARIAN AID AND SUPPORT | Rome, GA | $1K | 2022 |
| St Jude Children'S Research HospitalHUMANITARIAN AID AND SUPPORT | Memphis, TN | $102 | 2022 |
FEDERALSBURG, MD
TARPON SPGS, FL
ALPHARETTA, GA
WINTER PARK, FL
THOUSAND OAKS, CA
| Betty Jones |
| Board Member |
| $0 |
| $0 |
| $0 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2015 | 990PF | View |
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