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Three Graces Foundation Inc. is a private corporation based in FULTON, MD. The foundation received its IRS ruling in 2004. The principal officer is Bruce Bainum. It holds total assets of $50.1M. Annual income is reported at $22.8M. Total assets have grown from $4M in 2011 to $50.1M in 2024. The foundation is governed by 6 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 2020 to 2024. According to available records, Three Graces Foundation Inc. has made 4 grants totaling $11.4M, with a median grant of $2.9M. Annual giving has grown from $2.3M in 2020 to $7.1M in 2022. Individual grants have ranged from $2M to $3.5M, with an average award of $2.8M. Grants have been distributed to organizations in California and Missouri and District of Columbia. Contributions to this foundation are tax-deductible.
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.
Three Graces Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in CA, MO, DC.
Three Graces Foundation Inc. has distributed a total of $11.4M across 4 grants. The median grant size is $2.9M, with an average of $2.8M. Individual grants have ranged from $2M to $3.5M.
Three Graces Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Three Graces Foundation Inc. is headquartered in FULTON, MD. While based in MD, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Brooke Bainum | Director | $0 | $0 | N/A |
| Christine A Shreve | Sec/Treasurer | $0 | $0 | N/A |
| Blake Bainum | Director | $0 | $0 | N/A |
| Brian Bainum | Director | $0 | $0 | N/A |
| Charlene Bainum | Director/VP | $0 | $0 | N/A |
| Bruce Bainum | Pres/Chairman | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$50.1M
Fair Market Value
N/A
Net Worth
$50.1M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
4
Total Giving
$11.4M
Average Grant
$2.8M
Median Grant
$2.9M
Unique Recipients
1
Most Common Grant
$3.5M
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See AttachedSee Attached | Loma Linda, CA | $3.5M | 2022 |
BALTIMORE, MD
OWINGS MILLS, MD
HANOVER, MD