Grace J Fippinger Foundation Inc logo

Grace J Fippinger Foundation Inc

Private foundation · Grantmaker Stamford, CT EIN: 22-3019876 Website

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.

Key facts about Grace J Fippinger Foundation Inc

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.

EIN
22-3019876
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$145,100
Grants made (2024)
25
Average grant
$5,804
Median grant
$5,000
New grantees (estimate)
12% first-time grantees (3 of 25, 2024)
Total assets
$5,118,912
Primary geography
Connecticut (57% of itemized 2024 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓

Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$5.1M

+14.2% YoY

Annual Giving

$145K

-32.9% YoY

Grant Count

25

-32.4% YoY

Avg Grant Size

$6K

-0.7% YoY

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.

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.

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.

How to Apply

The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.

Your AI grants department

Ready to take the next step with Grace J Fippinger Foundation Inc?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

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

7states

Share of 2024 grant dollars across all 25 itemized grants.

Cities

New YorkStamfordBrooklynBronxNew HavenWestportNorwalkBostonBridgeportHicksvilleNew CanaanOssiningPine RidgeStaten IslandChilmarkEdgartownMiddletownMontgomeryCharlestownFairfield

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K31 grants2020 26 grants2021 15 grants2022 37 grants2023 25 grants2024

From 2020 to 2024, annual grant giving ranged from $145K (2024) to $228K (2021). In 2024 it made 25 grants totaling $145K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Harlem Academy: $20KHarlem Academy$20KVolunteers of Legal Services: $13KVolunteers of Legal Services$13KArts for Learning: $10KArts for Learning$10KKipp Sunnyside High School: $10KKipp Sunnyside High School$10KHorizons Bridgeport: $10KHorizons Bridgeport$10KNew Reach: $10KNew Reach$10KStepping Stones Museum: $10KStepping Stones Museum$10KPacific House: $10KPacific House$10KThe Hope Line: $10KThe Hope Line$10KWomens Health at Yale: $10KWomens Health at Yale$10K

The largest 2024 recipient was Harlem Academy ($20K). Together the top 10 received $113K.

Grant Size Distribution

134 grants across all recorded years

134<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 134 grants of 134 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Harlem Academy New York, NYEducation$20,000
Volunteers of Legal Services New York, NYSocial Services$12,500
Arts for Learning Hamden, CTEducation$10,000
Kipp Sunnyside High School Houston, TXEducation$10,000
Horizons Bridgeport Westport, CTEducation$10,000
New Reach New Haven, CTEducation$10,000
Stepping Stones Museum Norwalk, CTEducation$10,000
Pacific House Stamford, CTHomelessness$10,000
The Hope Line Bronx, NYSocial Services$10,000
Womens Health at Yale New Haven, CTMedical Research$10,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2024 $5,118,912 $472,976 $253,813 $145,100
2023 $4,481,891 $298,591 $314,149 $216,200
2022 $4,497,449 $214,674 $241,189 $149,850
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$5,118,912$4,481,891$4,497,449
Revenue$472,976$298,591$214,674
Expenses$253,813$314,149$241,189
Qualifying Distributions$250,853$265,176$195,521
Net Investment Income$449,570$211,983$140,951
Distributable Amount$288,584$287,956$296,272

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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

Lorraine Pennoyer — Director: $2KLorraine PennoyerDirector$2KMichael Petrona — Director: $2KMichael PetronaDirector$2KMarian McCaffrey — Director: $2KMarian McCaffreyDirector$2KThomas L Hynes — Director: $1KThomas L HynesDirector$1KJohanna Sweet — Director: $750Johanna SweetDirector$750Liz Juster — Director: $750Liz JusterDirector$750Chris Patrona — Director: $750Chris PatronaDirector$750

The highest reported compensation on the 2024 filing was $2K, to Lorraine Pennoyer (Director). 7 officers or directors reported compensation on that filing.

Contact

Mailing address: 67 Fawnfield Rd, Stamford, CT 06903-3727
Phone: (203) 249-6391
Website: https://fippinger.org

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.

Your AI grants department

Here's the math on researching Grace J Fippinger Foundation Inc by hand.

Explore Open Grants

Browse active grant opportunities in Grace J Fippinger Foundation Inc's focus areas in our free grants database

Similar Funders

Funders with grantees in common, and similar funders in Connecticut

Boston Foundation Inc

Boston, MA

The Boston Foundation funds nonprofits and community initiatives focused on equity and opportunity, including child well-being, economic opportunity, community wealth, and community leadership, primarily in Greater Boston. Its 2025 grants had a median of $25,000, while specific programs offer amounts such as $50,000; whether it accepts unsolicited requests is not stated.

Assets

$2.1B

Grants

2,375

Total Given

$228.4M

The New York Community Trust

New York, NY

The New York Community Trust funds nonprofit programs in areas such as arts, education, health, the environment, workforce development, and youth development, including projects that improve services, build organizational capacity, or advance policy and systems change. Its competitive grants mainly serve New York City, Long Island, and Westchester, with some national and international environmental funding; the 2024 median grant was $20,000. The profile does not state whether it accepts unsolicited requests.

Assets

$3.5B

Grants

2,748

Total Given

$193.8M

Americares Foundation Inc

Stamford, CT

Americares funds health care organizations and programs focused on disaster preparedness and recovery, access to medicines and medical supplies, and community health services. In 2025, its grants ranged from $5,073 to $3.86 million, with a median of about $58,700; it works in the United States and internationally, reaching an average of 80 countries each year. The profile does not state whether it accepts unsolicited requests.

International, Foreign Affairs & National Security

Assets

$372.5M

Grants

635

Total Given

$113.3M

American Savings Foundation Inc

New Britain, CT

The foundation funds education, human services, and arts and culture, especially programs serving children, youth, and families, with a primary focus on New Britain and Waterbury and grants across 64 Connecticut towns. In 2025, its grants ranged from $238 to $150,000, with a median of $1,750; it also offers Community Grants of up to $5,000.

Assets

$107.0M

Grants

613

Total Given

$3.4M

Hartford Foundation for Public Giving

Hartford, CT

The Greater Hartford Gives Foundation funds nonprofits, agencies, and scholarships, with priorities including equity, social and economic mobility, community wellbeing, civic engagement, and arts and culture. Its 2024 itemized grants had a median of about $21,600, with awards ranging from about $5,000 to $2.48 million, and it primarily serves 29 towns in Greater Hartford. It offers annual, priority-aligned grant opportunities; the profile does not state whether it accepts unsolicited requests.

Assets

$1.2B

Grants

613

Total Given

$52.0M

Eversource Energy Foundation Inc

Hartford, CT

The Eversource Energy Foundation funds U.S. 501(c)(3) nonprofits working on basic needs, education, environmental stewardship, community engagement, and economic or workforce development. It gives in Eversource’s service territory in Connecticut, Massachusetts, and New Hampshire; its 2024 median grant was $2,000, though awards ranged from $250 to $700,000.

Assets

$12.5M

Grants

606

Total Given

$6.2M

The Community Foundation for Greater New Haven

New Haven, CT

The Community Foundation for Greater New Haven supports nonprofits working in civic vitality, arts and culture, health, and education across its 20-town Greater New Haven service area. Its 2024 grants had a median of $15,000, though amounts varied widely; it offers competitive, online application-based programs, but whether it accepts unsolicited requests is not stated.

Philanthropy, Voluntarism & Grantmaking

Assets

$627.4M

Grants

505

Total Given

$23.4M

Fairfield County's Community Foundation Inc

Norwalk, CT

Fairfield County’s Community Foundation funds local nonprofits addressing education and careers, economic security, health equity, housing, civic engagement, and related community needs in Fairfield County, Connecticut. Awards vary widely: capacity-building grants are up to $10,000, Community Impact Grants are $10,000–$15,000, and reported 2025 grants had a median of $24,080. It accepts unsolicited applications for some programs, including rolling capacity-building and small-grant opportunities; Strategic Partner Grants are invitation-only.

Philanthropy, Voluntarism & Grantmaking

Assets

$291.4M

Grants

448

Total Given

$25.7M

Viking Global Foundation Inc

Stamford, CT

Philanthropy, Voluntarism & Grantmaking

Assets

$7.1M

Grants

423

Total Given

$3.6M

Ion Bank Foundation Inc

Naugatuck, CT

Philanthropy, Voluntarism & Grantmaking

Assets

$15.3M

Grants

419

Total Given

$1.0M

Synchrony Foundation

Stamford, CT

In 2024, Synchrony Foundation supported charitable organizations across workforce development, education, financial assistance, and giving, with grants ranging from $150 to $2.6 million and a median of $10,000. Its largest shares of grant funding went to Connecticut, New York, and South Carolina, followed by the District of Columbia and New Jersey; it does not accept unsolicited requests and funds preselected organizations only.

Philanthropy, Voluntarism & Grantmaking

Assets

$72.3M

Grants

394

Total Given

$20.5M

More Funders in Connecticut

Grace J Fippinger Foundation Inc down — hundreds of funders to go?

Want AI to do this for you?