Frank Pace Jr Foundation Inc is a private foundation focused on Education, based in RIDGE, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.9M in total assets. In 2024, it awarded 55 grants totaling $98K. Net investment income was $1.2M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.9M
+60.0% YoY
Annual Giving
$98K
-25.2% YoY
Grant Count
55
-5.2% YoY
Avg Grant Size
$2K
-21.1% YoY
Under IRS private-foundation payout rules, Frank Pace Jr Foundation Inc reported a distributable amount of $131K for 2024 — the minimum it must pay out in qualifying distributions.
About Frank Pace Jr Foundation Inc
Based on IRS filings
Frank Pace Jr Foundation Inc is a private foundation focused on Education, based in RIDGE, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.9M in total assets. In 2024, it awarded 55 grants totaling $98K. Net investment income was $1.2M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,905,404 | $1,816,385 | $1,971,445 |
| Revenue | $1,221,263 | $59,599 | $269,524 |
| Expenses | $132,244 | $181,063 | $180,691 |
| Qualifying Distributions | $105,500 | $154,275 | $138,000 |
| Net Investment Income | $1,187,019 | $9,536 | $220,833 |
| Distributable Amount | $130,572 | $131,301 | $137,852 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
234 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include The Windward School ($7,000), Li Abate Veterans Fundraiser ($5,000), National Executive Service Corps ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| WESTSIDE CAMPAIGN AGAINST HUNGER NY, NY | FOOD PANTRY | $1,000 |
| CITY HARVEST BROOKLYN, NY | FOOD PANTRY | $1,000 |
| FOOD ANIMAL CONCERNS TRUST CHICAGO, IL | HUMANE | $1,000 |
| EDUCATING COMMUNITIES FOR PARENTING PHILADELIPHA, PA | EDUCATION | $2,000 |
| TEATOWN OSSINING, NY | ENVIROMENT | $1,000 |
| PETA NORFOLK, VA | HUMANE | $3,000 |
| BEST FRIEND ANIMAL SOCIETY KANAB, UT | HUMANE | $2,000 |
| LI ABATE VETERANS FUNDRAISER YAPHANK, NY | VETERANS | $5,000 |
| NATIONAL EXECUTIVE SERVICE CORPS NY, NY | SOCIAL SERVICES | $5,000 |
| FARM SACTUARY WATKINS GLEN, NY | HUMANE | $2,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PAULA PACE | PRESIDENT | 1 | — |
| KATHRYN VON MATTHIESSEN | VICE PRES | 1 | — |
| WILLIAM F QUINN | TREASURER | 3 | — |
| JUSTIN P SMITH | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Frank Pace Jr Foundation Inc?
Frank Pace Jr Foundation Inc is a private foundation focused on Education, based in RIDGE, NY. It holds $2.9M in total assets as of 2024.
How large is Frank Pace Jr Foundation Inc?
As of 2024, Frank Pace Jr Foundation Inc holds $2.9M in total assets with $1.2M in annual revenue. It awarded 55 grants totaling $98K in 2024.
Where does Frank Pace Jr Foundation Inc operate?
Frank Pace Jr Foundation Inc has awarded grants in Alabama, California, Connecticut, District of Columbia, Florida, Hawaii, Illinois, Massachusetts, Maryland, Minnesota, North Carolina, New Hampshire, New York, Ohio, Pennsylvania, Utah, Virginia, Vermont.
What size grants does Frank Pace Jr Foundation Inc award?
In 2024, Frank Pace Jr Foundation Inc awarded 55 grants totaling $98K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Frank Pace Jr Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Frank Pace Jr Foundation Inc reported a distributable amount of $131K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Frank Pace Jr Foundation Inc's EIN?
Frank Pace Jr Foundation Inc's EIN (Employer Identification Number) is 13-6117487. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Frank Pace Jr Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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