Grace River Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOSTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $326K in total assets. In 2024, it awarded 7 grants totaling $185K. Net investment income was $188K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$326K
+8.3% YoY
Annual Giving
$185K
-15.9% YoY
Grant Count
7
-22.2% YoY
Avg Grant Size
$26K
+8.1% YoY
Under IRS private-foundation payout rules, Grace River Foundation reported a distributable amount of $28K for 2024 — the minimum it must pay out in qualifying distributions.
About Grace River Foundation
Based on IRS filings
Grace River Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOSTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $326K in total assets. In 2024, it awarded 7 grants totaling $185K. Net investment income was $188K.
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 | $325,938 | $301,025 | $282,265 |
| Revenue | $377,084 | $449,791 | $329,598 |
| Expenses | $195,565 | $228,707 | $161,363 |
| Qualifying Distributions | $187,649 | $222,292 | $155,141 |
| Net Investment Income | $187,523 | $223,091 | $161,698 |
| Distributable Amount | $28,141 | $24,250 | $23,261 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
33 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include New England Learning Ctr ($50,000), Safe Passage ($35,000), Partners in Health ($30,000).
| Recipient | Purpose | Amount |
|---|---|---|
| NEW ENGLAND LEARNING CTR GREENFIELD, MA | GENERAL SUPPORT | $50,000 |
| PARTNERS IN HEALTH FREDERICK, MD | GENERAL SUPPORT | $30,000 |
| BRIGHAM & WOMEN'S HOSPITAL BOSTON, MA | AFRICAN WOMEN'S HEALTH | $20,000 |
| NATIONAL INDIGENOUS WOMEN'S RESOURCE CEN LAME DEER, MT | GENERAL SUPPORT | $5,000 |
| SAFE PASSAGE NORTHAMPTON, MA | GENERAL SUPPORT | $35,000 |
| AMERICAN RED CROSS MEDFORD, MA | HURRICANE MILTON RELIEF | $25,000 |
| WOMEN'S FREEDOM CENTER BRATTLEBORO, VT | GENERAL SUPPORT | $20,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RICHARD K NICHOLS SEE FOOTNOTE | TRUSTEE | — | $5,887 |
| WILLIAM B HURD JR SEE FOOTNOTE | TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Grace River Foundation?
Grace River Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOSTON, MA. It holds $326K in total assets as of 2024.
How large is Grace River Foundation?
As of 2024, Grace River Foundation holds $326K in total assets with $377K in annual revenue. It awarded 7 grants totaling $185K in 2024.
Where does Grace River Foundation operate?
Grace River Foundation has awarded grants in District of Columbia, Massachusetts, Maryland, Montana, Vermont.
What size grants does Grace River Foundation award?
In 2024, Grace River Foundation awarded 7 grants totaling $185K — an average of about $26K per grant, based on its IRS Form 990 filings.
How much is Grace River Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Grace River Foundation reported a distributable amount of $28K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Grace River Foundation's EIN?
Grace River Foundation's EIN (Employer Identification Number) is 04-3562515. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Grace River Foundation'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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