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GRACE CHARITABLE FOUNDATION INC

GARDEN CITY, NY · EIN 743116739 · Form 990PF · FY2024 · NTEE T22 · Philanthropy & Grantmaking · Small ($100K-$1M)
revenue
$826K
expenses
$80K
net assets
$12.0M
employees
profile · synthesized from sources

GRACE CHARITABLE FOUNDATION INC is a private foundation based in New York that makes grants to support a range of nonprofit organizations. The foundation funds initiatives in education, public media, animal welfare, and environmental sustainability, primarily through general support grants. It has awarded multi-year funding to organizations such as Chimp Haven, New Venture Fund, and United Way of Long Island.

named programs · 1 · from sources

What they call their work

General Support Grants
Provides unrestricted funding to nonprofit organizations working in education, public media, animal welfare, and environmental sustainability
activities · 5 groups

What they do

  • General Operating Support Grants 2 activities
    • Funding general operations of New Venture Fund
      Awards three grants of $250,000 each, totaling $750,000, to the New Venture Fund for general purposes, supporting its overall operations.
    • Funding general operations of The Center for Systems Awareness Inc
      Awards an $80,000 grant to The Center for Systems Awareness Inc for general purposes, supporting its overall operations.
  • Private K–12 School Support 1 activity
    • Funding general operations of Bank Street College of Education
      Awards a $25,000 grant to Bank Street College of Education for general purposes, supporting its overall operations.
  • Environmental Conservation Grantmaking 1 activity
    • Funding general operations of Chimp Haven
      Awards grants totaling $610,000 to Chimp Haven for general purposes, supporting the organization's overall operations.
  • Public Media Funding 1 activity
    • Funding general operations of New York Public Radio
      Awards grants of $70,000 and $50,000 to New York Public Radio for general purposes, totaling $120,000, to support its overall operations.
  • Uncategorized 1 activity
    • Funding general operations of United Way of Long Island
      Awards grants of $20,000, $70,000, and $70,000 to United Way of Long Island for general purposes, totaling $160,000, to support its overall operations.
financials · form 990PF · fy2024
revenue
Total revenue$826K
Contributions & grants
Program service revenue
Investment income$343K41%
Other revenue$482K
expenses
Total expenses$80K
Program expenses
Admin / overhead
Fundraising
Salaries & benefits$0
Grants paid out$920K
balance sheet
Total assets$11.98M
Cash
Investments
Liabilities
Net assets$11.98M
5 years on record · 2020–2024 · YoY revenue +16.7%
relationships · 6

Who they work with

  • BANK STREET COLLEGE OF EDUCATION Partner — Receives general-purpose grants from GRACE CHARITABLE FOUNDATION INC
  • CHIMP HAVEN Partner — Receives general-purpose grants from GRACE CHARITABLE FOUNDATION INC
  • NEW VENTURE FUND Partner — Receives general-purpose grants from GRACE CHARITABLE FOUNDATION INC
  • NEW YORK PUBLIC RADIO Partner — Receives general-purpose grants from GRACE CHARITABLE FOUNDATION INC
  • THE CENTER FOR SYSTEMS AWARENESS INC Partner — Receives general-purpose grants from GRACE CHARITABLE FOUNDATION INC
  • UNITED WAY OF LONG ISLAND Partner — Receives general-purpose grants from GRACE CHARITABLE FOUNDATION INC