Grayce B Kerr Fund Inc
Grayce B Kerr Fund Inc is a private family foundation based in Easton, Maryland. The organization was chartered in Oklahoma in 1986 and reincorporated in Maryland in 1993. The foundation operates as an independent philanthropy focused on strategic investment in organizations and innovative programs across multiple states.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$30.5M
+2.2% YoY
Annual Giving
$1.3M
+11.3% YoY
Grant Count
44
+2.3% YoY
Avg Grant Size
$29K
+8.8% YoY
Mission & Focus Areas
The foundation seeks opportunities to invest strategically in the health and viability of organizations whose principal interests include:
- Educational achievement
- Arts and culture
- Life skills
- Research directed toward enhancing the information base available for public-policy making
- Environmental conservation
- Community development
- Sports and recreation
Grantmaking
Grant Range
$31,000
Average Grant
$31,000
How to Apply
**
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Maryland and New England, with particular concentration in:
- Maryland (49% of grants)
- Massachusetts
- Rhode Island
- Maine
- New York
- Virginia
- Pennsylvania
- Tennessee
- Delaware
Approximately 96% of all grants support organizations in Maryland, Massachusetts, and Rhode Island.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Assets:
- $30,500,282 (most recent reporting)
- $29,840,599 (2023 ledger value)
- $29.8 million (alternative reporting)
Annual Activity:
- Total giving: $1,287,104 (2024)
- Annual income: $2.8 million
- Reported expenses: approximately $1.84 million
- Revenue: $734,567
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $30,500,282 | $29,840,599 | $30,927,311 |
| Revenue | $2,715,294 | $734,567 | $-455,433 |
| Expenses | $2,073,292 | $1,841,681 | $2,165,238 |
| Qualifying Distributions | $1,771,370 | $1,627,547 | $2,001,146 |
| Net Investment Income | $2,558,069 | $610,245 | — |
| Distributable Amount | $1,692,221 | $1,727,171 | $1,924,098 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
210 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- John R. Valliant – President and CEO
- Marcy Kerr Yuknat – Chair
- David A. Yuknat – Secretary/Treasurer
Major Donors:
- Grayce B. Kerr Flynn
- Breene M. Kerr
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOHN R VALLIANT | PRESIDENT & CEO | 40 | $242,440 |
| MARCY KERR YUKNAT | CHAIR | 1 | — |
| DAVID A YUKNAT | SECRETARY/TREASURER | 1 | — |
Recent News & Activity
Recent developments and announcements
The foundation awarded a $1 million grant to Woods Hole Oceanographic Institution for an award program supporting early-career scientists.
WHOI Receives $1 Million Award for Early-Career Scientists from Grayce\Recent grant recipients have included organizations such as:
Grant Recipients Announced for Black Rock Wind Farm\u2019s Annual Community\Woods Hole Oceanographic Institution ($960,000)
Chesapeake Conservancy ($462,500)
Cultural Alliance of Medfield DBA Bellforge Arts Center ($750,000)
Chesapeake Bay Maritime Museum (educational programs and cultural preservation)
Eastern Shore Conservation Center (environmental stewardship and sustainable development)
Talbot Mentors (community development and leadership)
Related Funders
Similar funders by location and focus area
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Mayfield Scholastic Ltd
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Assets
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Total Given
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Government Employees' Benefit
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Assets
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Grants
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Total Given
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Charles F and Margaret Mh Obrecht
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Assets
$1.2M
Grants
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Total Given
$131K
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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