Grace Farms Foundation Inc
Grace Farms Foundation Inc is a private foundation, 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.
Grace Farms Foundation Inc at a glance
In short: Grace Farms Foundation Inc gave $236K across 6 grants in 2024 (avg $39K), mostly in Connecticut. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $236,073
- +844.3% vs 2023
- Grants made (2024)
- 6
- +500.0% vs 2023
- Average grant
- $39,346
- +57.4% vs 2023
- Median grant
- $26,537
- Total assets
- $124,677,973
- +1.3% vs 2023
- Primary geography
- Connecticut (66% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Grace Farms Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
The largest 2024 recipient was Yale Center for Faith and Culture ($100K). Together the top 6 received $236K.
Grant Size Distribution
10 grants across all recorded years
The most common grant size was under $50K: 5 grants of 10 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 6 itemized grants.
Cities
How Grace Farms Foundation Inc gives
- Giving grew 372% from 2021 to 2024. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $25K (2023) to $236K (2024). In 2024 it made 6 grants totaling $236K.
Grants by year
Grant recipients and amounts by year
| 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 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income |
|---|---|---|---|---|---|---|---|
| 2024 | $124,677,973 | $18,481,546 | $16,683,536 | $236,073 | 6 | $14,661,540 | $99,395 |
| 2023 | $123,130,033 | $13,288,024 | $16,033,041 | $25,000 | 1 | $14,206,767 | $46,871 |
| 2022 | $126,230,453 | $13,911,879 | $15,758,241 | $50,000 | 1 | $12,875,499 | $11,924 |
| 2021 | $127,278,874 | $14,337,032 | $13,207,729 | $50,000 | 1 | $10,565,909 | $511 |
| 2020 | $129,245,716 | $14,444,182 | $16,263,689 | $50,000 | 1 | — | $3,834 |
Leadership & Key People
Officers and directors from IRS filings
Grace Farms Foundation Inc is led by Sharon Prince, Chair & CEO on every filing since 2020; 5 of 15 officers listed in 2024 are compensated.
Officers on the 2024 filing
Sharon Prince
Chair & CEO
On filings since 2020
50 hrs/week
No compensation reported
Chelsea Thatcher
Director, Chief Strat. Officer & Creative Director
Director & Chief Marketing Officer → Director, Creative Director & Ch. Adv. Officer, 2022
Director, Creative Director & Ch. Adv. Officer → Director, Chief Strat. Officer & Creative Director, 2024
On filings since 2020
50 hrs/week
$246K (2020) → $250K (2024)
Alina M. Reynolds
Gc & Justice Init Dep Director
General Counsel & Justice Init. Senior Ad → Secretary, Gc & Justice Init Dep Director, 2022
Secretary, Gc & Justice Init Dep Director → Gc & Justice Init Dep Director, 2023
On filings since 2021
50 hrs/week
$225K (2021) → $155K (2024)
Abigail Bangser
Director
On filings since 2020
1 hr/week
No compensation reported
Angela Mwanza
Director
On filings since 2020
1 hr/week
No compensation reported
Hayes Slade
Director
On filings since 2020
1 hr/week
No compensation reported
Miroslav Volf
Director
On filings since 2020
1 hr/week
No compensation reported
Peter Hunsinger
Director
On filings since 2020
1 hr/week
No compensation reported
Robert Prince
Director
On filings since 2020
1 hr/week
No compensation reported
Anna Dyson
Director
On filings since 2022
1 hr/week
No compensation reported
Cherie A. Sweeney
Chief Operating Officer
Chief Operations Officer → Chief Operating Officer, 2022
On filings since 2021
50 hrs/week
$225K (2021) → $250K (2024)
Arthur J. Conley
Chief Financial Officer
On filings since 2023
50 hrs/week
$143K (2023) → $239K (2024)
Meghan Dh Walsh
Secretary & Chief Partnerships Officer
On filings since 2023
50 hrs/week
$193K (2023) → $185K (2024)
Michael Chen
Vice Chair
On filings since 2020
3 hrs/week
No compensation reported
Roy Medile
Treasurer
On filings since 2020
5 hrs/week
No compensation reported
Former officers (5)
- Former: Jay Fielden (2020–2023) — Director
- Former: Rod Khattabi (2021–2023) — Ch Acc. & Just. Init. Director
- Former: Thomas Medico (2021) — Controller
- Former: Barbara Gould (2020) — Director
- Former: Taylor McCall Mazza (2020) — Director
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $250K, to Cherie a Sweeney (Chief Operating Officer). 5 officers or directors reported compensation on that filing.
Frequently asked questions about Grace Farms Foundation Inc
How much does Grace Farms Foundation Inc give each year?
Grace Farms Foundation Inc gave $236K across 6 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $25K across 1 grant.
What is Grace Farms Foundation Inc's typical grant size?
Grace Farms Foundation Inc's median grant in 2024 was $26,537, and its average grant was $39,346, across 6 grants on its 2024 IRS Form 990-PF.
Where does Grace Farms Foundation Inc give grants?
Grace Farms Foundation Inc gives mostly in Connecticut: 66% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were California (12%) and New York (11%). The most frequent recipient cities were New Haven, CT (2 grants).
Does Grace Farms Foundation Inc give general operating support?
Yes: 17% of Grace Farms Foundation Inc's 2024 grants with a stated purpose (1 of 6) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Grace Farms Foundation Inc's largest grantees?
Grace Farms Foundation Inc's largest 2024 grantees include Yale Center for Faith and Culture ($100,000), Yale Center for Ecosystems Architecture Yale School of Architecture ($55,000) and Africa Transformational Initiative ($28,073), according to its 2024 IRS Form 990-PF. Together they received 78% of its itemized 2024 grant dollars.
How large is Grace Farms Foundation Inc?
Grace Farms Foundation Inc reported $124.7M in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $18.5M.
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.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Grace Farms Foundation Inc funds
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