Grace River Foundation

BOSTON, MA EIN: 04-3562515

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

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Cities

BostonBrattleboroFrederickGreenfieldLame DeerMedfordMiddleburyNorthamptonNorthhamptonRichmondWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$124K$247K$371K$495K20202021202220232024
Metric202420232022
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

$0$55K$110K$165K$220K5 grants20206 grants20216 grants20229 grants20237 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

NEW ENGLAND LEARNING CTR$50KSAFE PASSAGE$35KPARTNERS IN HEALTH$30KAMERICAN RED CROSS$25KBRIGHAM & WOMEN'S HOSPITAL$20KWOMEN'S FREEDOM CENTER$20KNATIONAL INDIGENOUS WOME…$5K

Grant Size Distribution

33 grants across all recorded years

28<$50K5$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

RICHARD K NICHOLS SE…TRUSTEE$6K

From 2024 filing

NameTitleHoursCompensation
RICHARD K NICHOLS SEE FOOTNOTETRUSTEE$5,887
WILLIAM B HURD JR SEE FOOTNOTETRUSTEE

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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