Grace Farms Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW CANAAN, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $124.7M in total assets. In 2024, it awarded 6 grants totaling $236K. Net investment income was $99K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$124.7M
+1.3% YoY
Annual Giving
$236K
+844.3% YoY
Grant Count
6
+500.0% YoY
Avg Grant Size
$39K
+57.4% YoY
About Grace Farms Foundation Inc
Based on IRS filings
Grace Farms Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW CANAAN, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $124.7M in total assets. In 2024, it awarded 6 grants totaling $236K. Net investment income was $99K.
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 | $124,677,973 | $123,130,033 | $126,230,453 |
| Revenue | $18,481,546 | $13,288,024 | $13,911,879 |
| Expenses | $16,683,536 | $16,033,041 | $15,758,241 |
| Qualifying Distributions | $14,661,540 | $14,206,767 | $12,875,499 |
| Net Investment Income | $99,395 | $46,871 | $11,924 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
10 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Yale Center for Faith and Culture ($100,000), Yale Center for Ecosystems Architecture Yale School of Architecture ($55,000), Africa Transformational Initiative ($28,073).
| Recipient | Purpose | Amount |
|---|---|---|
| YALE CENTER FOR FAITH AND CULTURE NEW HAVEN, CT | TO SUPPORT THE YALE CENTER FOR FAITH AND CULTURE'S GENERAL CHARITABLE AND EDUCATIONAL PROGRAMS. | $100,000 |
| YALE CENTER FOR ECOSYSTEMS ARCHITECTURE YALE SCHOOL OF ARCHITECTURE NEW HAVEN, CT | TO SUPPORT BIOMATERIALS RESEARCH AT YALE CEA. | $55,000 |
| AFRICA TRANSFORMATIONAL INITIATIVE | GFF AFRICA DISSOLUTION CONTRIBUTION TO LOCAL SUCCEEDING NGO. | $28,073 |
| CENTER FOR INNOVATION SAN FRANCISCO, CA | TO SUPPORT DESIGN AND CONSTRUCTION EXPERTS WHO ARE CONTRIBUTING TO RECONSTRUCTION EFFORTS IN UKRAINE. | $25,000 |
| BLACK ARTISTS DESIGNERS GUILD INC BROOKLYN, NY | TO SUPPORT THE GUILD'S WORK TO DESIGN/BUILD THE NEW PROJECT: "THE UNDERGROUND LIBRARY: AN ARCHIVE OF OUR TRUTH." | $25,000 |
| LAGUNA ART MUSEUM LAGUNA BEACH, CA | TO PROVIDE SUPPORT FOR AN EVENT THAT RAISED LOCAL AWARENESS FOR DESIGN FOR FREEDOM. | $3,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SHARON PRINCE | CHAIR/CEO | 50 | — |
| MICHAEL CHEN | VICE CHAIR | 3 | — |
| ROY MEDILE | TREASURER | 5 | — |
| ABIGAIL BANGSER | DIRECTOR | 1 | — |
| ANNA DYSON | DIRECTOR | 1 | — |
| PETER HUNSINGER | DIRECTOR | 1 | — |
| ANGELA MWANZA | DIRECTOR | 1 | — |
| ROBERT PRINCE | DIRECTOR | 1 | — |
| HAYES SLADE | DIRECTOR | 1 | — |
| MIROSLAV VOLF | DIRECTOR | 1 | — |
| CHELSEA THATCHER | DIR. & CHIEF STRAT. OFF./CREATIVE DIR. | 50 | $249,798 |
| ALINA M REYNOLDS | GC & JUSTICE INIT DEP DIR(THRU 03/24) | 50 | $154,754 |
| CHERIE A SWEENEY | CHIEF OPERATING OFFICER | 50 | $250,126 |
| MEGHAN DH WALSH | SECRETARY & CHIEF PARTNERSHIPS OFFICER | 50 | $185,096 |
| ARTHUR J CONLEY | CHIEF FINANCIAL OFFICER | 50 | $239,231 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Grace Farms Foundation Inc?
Grace Farms Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW CANAAN, CT. It holds $124.7M in total assets as of 2024.
How large is Grace Farms Foundation Inc?
As of 2024, Grace Farms Foundation Inc holds $124.7M in total assets with $18.5M in annual revenue. It awarded 6 grants totaling $236K in 2024.
Where does Grace Farms Foundation Inc operate?
Grace Farms Foundation Inc has awarded grants in California, Connecticut, New York.
What size grants does Grace Farms Foundation Inc award?
In 2024, Grace Farms Foundation Inc awarded 6 grants totaling $236K — an average of about $39K per grant, based on its IRS Form 990 filings.
What is Grace Farms Foundation Inc's EIN?
Grace Farms Foundation Inc's EIN (Employer Identification Number) is 27-1401401. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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