Grace J Fippinger Foundation Inc
Grace J Fippinger Foundation Inc is a private foundation based in Stamford, Connecticut. It makes grants to charitable organizations; its stated areas of commitment include education, human development, cancer medical research, and entrepreneurship.
Grace J Fippinger Foundation Inc at a glance
In short: Grace J Fippinger Foundation Inc gave $145K across 25 grants in 2024 (avg $6K), mostly in Connecticut. 12% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $145,100
- -32.9% vs 2023
- Grants made (2024)
- 25
- -32.4% vs 2023
- Average grant
- $5,804
- -0.7% vs 2023
- Median grant
- $5,000
- Total assets
- $5,118,912
- +14.2% vs 2023
- New grantees (estimate)
- 12% first-time grantees (3 of 25, 2024)
- Primary geography
- Connecticut (57% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Grace J Fippinger Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 67 Fawnfield Rd, Stamford, CT 06903-3727
Phone: (203) 249-6391
Website: https://fippinger.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Grace J Fippinger Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Harlem Academy ($20K). Together the top 10 received $113K.
Grant Size Distribution
134 grants across all recorded years
The most common grant size was under $50K: 134 grants of 134 (100%).
Geographic Focus
Where this funder awards grants
In 2024, 57% of grant dollars went to recipients in Connecticut, 36% to recipients in New York, and 7% to recipients in Texas.
Grant Distribution by State
Share of 2024 grant dollars across all 25 itemized grants.
Cities
Is Grace J Fippinger Foundation Inc open to new grantees?
12%
first-time grantees, 2024
In 2024, 3 of 25 grantees (12%) were first-time recipients. First grants averaged $7K; repeat grants $6K. How we count
Medians: $10K first-time, $4K repeat.
- 88% of 2024 grantees were also funded in 2023. Method
- Giving fell 36% from 2021 to 2024. Method
- In 2024 it paid out 87% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $145K (2024) to $228K (2021). In 2024 it made 25 grants totaling $145K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Harlem Academy New York, NY | Education | $20,000 |
| Volunteers of Legal Services New York, NY | Social Services | $12,500 |
| Arts for Learning Hamden, CT | Education | $10,000 |
| Kipp Sunnyside High School Houston, TX | Education | $10,000 |
| Horizons Bridgeport Westport, CT | Education | $10,000 |
| New Reach New Haven, CT | Education | $10,000 |
| Stepping Stones Museum Norwalk, CT | Education | $10,000 |
| Pacific House Stamford, CT | Homelessness | $10,000 |
| The Hope Line Bronx, NY | Social Services | $10,000 |
| Womens Health at Yale New Haven, CT | Medical Research | $10,000 |
Ready to take the next step with Grace J Fippinger Foundation Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $5,118,912 | $472,976 | $253,813 | $145,100 | 25 | $250,853 | $449,570 | $288,584 |
| 2023 | $4,481,891 | $298,591 | $314,149 | $216,200 | 37 | $265,176 | $211,983 | $287,956 |
| 2022 | $4,497,449 | $214,674 | $241,189 | $149,850 | 15 | $195,521 | $140,951 | $296,272 |
| 2021 | $4,523,964 | $441,515 | $388,965 | $227,500 | 26 | $290,201 | $342,751 | $291,859 |
| 2020 | $4,452,747 | $222,058 | $319,047 | $168,520 | 31 | — | $146,995 | $248,328 |
Under IRS private-foundation payout rules, Grace J Fippinger Foundation Inc reported a distributable amount of $289K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation says it exists because of its founder’s generosity and her commitment to education, human development, cancer medical research, and entrepreneurship. Its 2024 grants included support identified for education, social services, homelessness, medical research, and human development.
Among its grantees, Harlem Academy says it works to advance educational opportunity for children and help them thrive academically. Horizons Bridgeport describes a mission of developing students’ academic, social, and emotional skills. New Reach says it supports people affected by homelessness and poverty through housing and other support.
Grantmaking
In 2024, the foundation made 25 grants totaling $145,100. Grants ranged from $300 to $20,000, with a median of $5,000. The largest award was $20,000 to Harlem Academy. Other notable grants included $12,500 to Volunteers of Legal Services and $10,000 each to Arts for Learning, KIPP Sunnyside High School, Horizons Bridgeport, New Reach, Stepping Stones Museum, Pacific House, The Hope Line, Women’s Health at Yale, and Live Girl.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Eileen G. Hynes as executive director. It lists Lorraine Pennoyer, Thomas W. Hynes, Johanna Sweet, Michael Petrona, Liz Juster, Chris Patrona, Thomas L. Hynes, and Marian McCaffrey as directors.
Grace J Fippinger Foundation Inc is led by Eileen G. Hynes, Executive Director on every filing since 2020; 7 of 8 officers listed in 2024 are compensated.
Officers on the 2024 filing
Eileen G. Hynes
Executive Director
On filings since 2020
30 hrs/week
$62K (2020) → $0 (2024)
Chris Patrona
Director
On filings since 2020
2 hrs/week
$2K (2020) → $750 (2024)
Johanna Sweet
Director
On filings since 2020
2 hrs/week
$2K (2020) → $750 (2024)
Liz Juster
Director
On filings since 2020
2 hrs/week
$1K (2020) → $750 (2024)
Lorraine Pennoyer
Director
On filings since 2020
2 hrs/week
$2K (2020) → $2K (2024)
Marian McCaffrey
Director
On filings since 2020
2 hrs/week
$2K (2020) → $2K (2024)
Michael Petrona
Director
On filings since 2020
2 hrs/week
$2K (2020) → $2K (2024)
Thomas L. Hynes
Director
On filings since 2020
2 hrs/week
$2K (2020) → $1K (2024)
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 $2K, to Lorraine Pennoyer (Director). 7 officers or directors reported compensation on that filing.
Frequently asked questions about Grace J Fippinger Foundation Inc
How much does Grace J Fippinger Foundation Inc give each year?
Grace J Fippinger Foundation Inc gave $145K across 25 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $216K across 37 grants.
What is Grace J Fippinger Foundation Inc's typical grant size?
Grace J Fippinger Foundation Inc's median grant in 2024 was $5,000, and its average grant was $5,804, across 25 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Grace J Fippinger Foundation Inc that year got $7K on average.
Where does Grace J Fippinger Foundation Inc give grants?
Grace J Fippinger Foundation Inc gives mostly in Connecticut: 57% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were New York (36%) and Texas (7%). The most frequent recipient cities were New York, NY (7 grants), Stamford, CT (5 grants), New Haven, CT (2 grants) and Brooklyn, NY (2 grants).
Does Grace J Fippinger Foundation Inc give general operating support?
Not in 2024: none of the 25 grants with a stated purpose on Grace J Fippinger Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Education" (9 grants) and "Social Services" (3 grants).
Who are Grace J Fippinger Foundation Inc's largest grantees?
Grace J Fippinger Foundation Inc's largest 2024 grantees include Harlem Academy ($20,000), Volunteers of Legal Services ($12,500) and Arts for Learning ($10,000), according to its 2024 IRS Form 990-PF. Together they received 29% of its itemized 2024 grant dollars.
How large is Grace J Fippinger Foundation Inc?
Grace J Fippinger Foundation Inc reported $5.1M in total assets on its 2024 IRS Form 990-PF. It paid out $251K in qualifying distributions that year, against a required minimum of $289K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does Grace J Fippinger Foundation Inc fund?
The foundation says it exists because of its founder’s generosity and her commitment to education, human development, cancer medical research, and entrepreneurship. Its 2024 grants included support identified for education, social services, homelessness, medical research, and human development. See mission & focus areas ↑
How do I apply for a grant from Grace J Fippinger Foundation Inc?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Grace J Fippinger Foundation Inc's EIN?
Grace J Fippinger Foundation Inc's EIN (Employer Identification Number) is 22-3019876. IRS Form 990 filing data is available on this page for 2020–2024.
Does Grace J Fippinger Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). Grace J Fippinger Foundation Inc funder profile. GrantGraph. Retrieved October 24, 2026, from https://grantable.co/funders/grace-j-fippinger-foundation-inc-morg_ac060937046641da96fd95544017f1d2
BibTeX
@misc{grantable_223019876_2026,
author = {{Grantable}},
title = {{Grace J Fippinger Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/grace-j-fippinger-foundation-inc-morg_ac060937046641da96fd95544017f1d2},
note = {Accessed 2026-10-24. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Grace J Fippinger Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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