Grace Communications Foundation Inc is a private foundation focused on Food, Agriculture & Nutrition, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $131.9M in total assets. In 2024, it awarded 15 grants totaling $295K. Net investment income was $6.1M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$131.9M
+14.9% YoY
Annual Giving
$295K
+686.7% YoY
Grant Count
15
+400.0% YoY
Avg Grant Size
$20K
+57.3% YoY
Under IRS private-foundation payout rules, Grace Communications Foundation Inc reported a distributable amount of $6.3M for 2024 — the minimum it must pay out in qualifying distributions.
About Grace Communications Foundation Inc
Based on IRS filings
Grace Communications Foundation Inc is a private foundation focused on Food, Agriculture & Nutrition, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $131.9M in total assets. In 2024, it awarded 15 grants totaling $295K. Net investment income was $6.1M.
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 | $131,863,106 | $114,795,044 | $105,434,823 |
| Revenue | $2,256,185 | $5,209,850 | $104,027,273 |
| Expenses | $9,803,756 | $10,000,406 | $9,509,981 |
| Qualifying Distributions | $9,733,756 | $9,865,406 | $9,469,981 |
| Net Investment Income | $6,090,332 | $9,561,560 | $4,942,521 |
| Distributable Amount | $6,305,550 | $5,276,653 | $3,222,871 |
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
20 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Citizens Campaign Fund for Environment ($55,000), Earthshare ($50,000), Maine Organic Farmers and Gardeners Association ($40,000).
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| HELAINE LERNER | PRESIDENT, TREASURER, DIRECTOR | 35 | $16,207 |
| SCOTT CULLEN | VICE PRESIDENT, DIRECTOR, EXEC. DIR. | 40 | $415,000 |
| MARJORIE GILBERT | SECRETARY, DIRECTOR | 7 | — |
| BRAD GOLDBERG | DIRECTOR | 5 | — |
| JUDITH LABELLE | DIRECTOR (*RESIGNED 12/24) | 5 | — |
| MARNI SOMMER | DIRECTOR | 5 | — |
| PAUL LOCKE | DIRECTOR | 5 | — |
| JOHN DIAS | DIRECTOR (*APPOINTED 12/24) | 5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Grace Communications Foundation Inc?
Grace Communications Foundation Inc is a private foundation focused on Food, Agriculture & Nutrition, based in NEW YORK, NY. It holds $131.9M in total assets as of 2024.
How large is Grace Communications Foundation Inc?
As of 2024, Grace Communications Foundation Inc holds $131.9M in total assets with $2.3M in annual revenue. It awarded 15 grants totaling $295K in 2024.
Where does Grace Communications Foundation Inc operate?
Grace Communications Foundation Inc has awarded grants in California, Colorado, District of Columbia, Massachusetts, Maine, Minnesota, Missouri, New York, Virginia.
What size grants does Grace Communications Foundation Inc award?
In 2024, Grace Communications Foundation Inc awarded 15 grants totaling $295K — an average of about $20K per grant, based on its IRS Form 990 filings.
How much is Grace Communications Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Grace Communications Foundation Inc reported a distributable amount of $6.3M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Grace Communications Foundation Inc's EIN?
Grace Communications Foundation Inc's EIN (Employer Identification Number) is 26-4777735. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Grace Communications 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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