Grace & Hope Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in STUART, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $11.6M in total assets. In 2024, it awarded 1 grants totaling $440K. Net investment income was $2.3M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$11.6M
+21.6% YoY
Annual Giving
$440K
+7.3% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$440K
+7.3% YoY
Under IRS private-foundation payout rules, Grace & Hope Foundation reported a distributable amount of $493K for 2024 — the minimum it must pay out in qualifying distributions.
About Grace & Hope Foundation
Based on IRS filings
Grace & Hope Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in STUART, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $11.6M in total assets. In 2024, it awarded 1 grants totaling $440K. Net investment income was $2.3M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $11,582,564 | $9,521,889 | $10,390,757 |
| Revenue | $2,362,810 | $112,665 | $2,074,118 |
| Expenses | $448,090 | $420,872 | $597,471 |
| Qualifying Distributions | $443,425 | $413,425 | $583,584 |
| Net Investment Income | $2,346,904 | $105,218 | $2,060,231 |
| Distributable Amount | $492,636 | $482,309 | $518,121 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
7 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Bank Of America ($440,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Bank Of America PROVIDENCE, RI | HELPING PEOPLE FUND | $440,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DAVID C BROOKER | TRUSTEE | — | — |
| DOROTHY JEANNE BROOKER | TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Grace & Hope Foundation?
Grace & Hope Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in STUART, FL. It holds $11.6M in total assets as of 2024.
How large is Grace & Hope Foundation?
As of 2024, Grace & Hope Foundation holds $11.6M in total assets with $2.4M in annual revenue. It awarded 1 grants totaling $440K in 2024.
Where does Grace & Hope Foundation operate?
Grace & Hope Foundation has awarded grants in Connecticut, North Carolina, Rhode Island.
What size grants does Grace & Hope Foundation award?
In 2024, Grace & Hope Foundation awarded 1 grants totaling $440K — an average of about $440K per grant, based on its IRS Form 990 filings.
How much is Grace & Hope Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Grace & Hope Foundation reported a distributable amount of $493K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Grace & Hope Foundation's EIN?
Grace & Hope Foundation's EIN (Employer Identification Number) is 48-6180459. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Grace & Hope Foundation'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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