Grace Charitable Foundation Inc

GARDEN CITY, NY EIN: 74-3116739

Grace Charitable Foundation Inc (also known as Doreen Downs Miller Foundation Inc) is a private independent foundation classified as a 501(c)(3) organization. The foundation is located in Garden City, New York and has been tax-exempt since May 2004. It operates as a grantmaking foundation with no employees.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$12.2M

+1.8% YoY

Annual Giving

$425K

-26.2% YoY

Grant Count

-76.5% YoY

Avg Grant Size

$106K

+213.6% YoY

Under IRS private-foundation payout rules, Grace Charitable Foundation Inc reported a distributable amount of $638K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation primarily funds general purpose grants to a diverse range of charitable organizations. Based on recent grant activity, the foundation supports organizations across multiple sectors including animal welfare, community development, education, youth development, food security, religious institutions, and private schools.

Grantmaking

Grant Range

$250 to $250,000

Average Grant

amount: approximately $24,067 for general purpose grants

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Geographic Focus

Where this funder awards grants

The foundation funds organizations across multiple states including California, Texas, Florida, Illinois, Maryland, and New York.

Grant Distribution by State

District of Columbia $889K (40%)

New York $647K (29%)

Massachusetts $334K (15%)

Louisiana $256K (11%)

California $52K (2%)

Maryland $10K (0%)

Pennsylvania $9K (0%)

Florida $9K (0%)

+9 more states

States

California Connecticut District of Columbia Florida Georgia Louisiana Massachusetts Maryland Maine North Carolina New Hampshire New Jersey New York Oregon Pennsylvania Virginia Washington

Cities

AlbanyAlpharettaBeavertonBerkeleyBostonChathamCoral SpringsCotatiDanvilleDeer ParkDurhamDuvallFalls ChurchIthacaJenkintownKeithvilleKennebunkLandoverLos AngelesMedia

Financial History

Multi-year comparison from IRS filings

As of Fiscal Year 2023 (ending June 2023):

Total Assets: $11,943,960
Total Revenue: $539,501
Total Expenses: $657,050
Total Giving: $585,516
Investment Income and Dividends: $317,917

As of Fiscal Year 2024 (ending June 2024):

Total Assets: $12,154,654
Total Revenue: $708,398
Total Expenses: $497,704
Investment Income and Dividends: $331,075

The foundation has no liabilities and generates revenue primarily through investment income and dividends.

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$12,154,654	$11,943,960	$12,061,509
Revenue	$708,398	$539,501	$1,193,509
Expenses	$497,704	$657,050	$900,766
Qualifying Distributions	$436,034	$585,516	$826,997
Net Investment Income	$648,178	$485,570	$1,127,785
Distributable Amount	$637,893	$603,102	$679,088

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Grant Size Distribution

96 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include New Venture Fund ($250,000), United Way of Long Island ($70,000), Chimp Haven ($55,000).

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

Doreen Downs – Director, President, Treasurer (5 hours per week, no compensation)
Andrew Miller – Officer (7.5 hours per week, no compensation)
Peter Miller – Officer (7.5 hours per week, no compensation)

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
ANDREW MILLER	OFFICER	10	—
PETER MILLER	OFFICER	10	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What does Grace Charitable Foundation Inc fund?

How do I apply for a grant from Grace Charitable Foundation Inc?

**Grant Activity & Amounts:** • The foundation made 48 grants in fiscal year 2023 • Grant range: $250 to $250,000 • Median grant amount: $22,033 • Average grant amount: approximately $24,067 for general purpose grants **Recent Notable Grants (2023-2024):** • New Venture Fund: $250,000 (2024) • The Center for Systems Awareness: $80,000 (2023) • United Way of Long Island: $70,000 (2023-2024) • Chimp Haven: $55,000 (2024) • Society for Organizational Learning: funded (2023) **Giving Rate:** Approx…

Where does Grace Charitable Foundation Inc make grants?

The foundation funds organizations across multiple states including California, Texas, Florida, Illinois, Maryland, and New York.

What size grants does Grace Charitable Foundation Inc award?

In 2024, Grace Charitable Foundation Inc awarded 4 grants totaling $425K — an average of about $106K per grant, based on its IRS Form 990 filings.

How much is Grace Charitable Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Grace Charitable Foundation Inc reported a distributable amount of $638K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Grace Charitable Foundation Inc's EIN?

Grace Charitable Foundation Inc's EIN (Employer Identification Number) is 74-3116739. IRS Form 990 filing data is available on this page for 2021–2024.