Obx Inc
OBX Inc is a private grantmaking foundation located in Palm Beach, Florida. The organization holds a Private Grantmaking Foundations classification under the IRS NTEE code T20.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$9.1M
-1.4% YoY
Annual Giving
$436K
-31.8% YoY
Grant Count
20
-23.1% YoY
Avg Grant Size
$22K
-11.3% YoY
Under IRS private-foundation payout rules, Obx Inc reported a distributable amount of $960K for 2024 — the minimum it must pay out in qualifying distributions.
Grantmaking
OBX Inc is classified as a private foundation with grantmaking authority. However, detailed information about grant sizes, specific funding priorities, application procedures, and recent grant awards is not available in the verified sources.
Grant Range
s, specific funding priorities, application procedures, and recent grant awards is not available in the verified sources.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $9,111,208 | $9,238,981 | $9,496,986 |
| Revenue | $384,760 | $281,132 | $584,766 |
| Expenses | $468,081 | $656,026 | $882,009 |
| Qualifying Distributions | $436,000 | $639,000 | $869,500 |
| Net Investment Income | $384,760 | $358,392 | $359,406 |
| Distributable Amount | $960,295 | $818,004 | $829,931 |
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
102 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Salisbury School ($65,000), Stand Foundation ($65,000), North Shore Land Alliance ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALEC ARLINGTON, VA | CIVIC | $10,000 |
| BOYS & GIRLS CLUBS OF MARTIN COUNTY HOBE SOUND, FL | CIVIC | $10,000 |
| CANCER RESEARCH NEW YORK, NY | RELIGIOUS | $25,000 |
| CENTRAL PARK CONSERVANCY NEW YORK, NY | MEDICAL | $1,500 |
| CONSERVATIVE PARTNERSHIP INSTITUTE WASHINGTON, DC | CIVIC | $25,000 |
| COX SCIENCE CENTER AQUARIUM WEST PALM BEACH, FL | CIVIC | $12,500 |
| EPISCOPAL HIGH SCHOOL ALEXANDRIA, VA | CIVIC | $10,000 |
| HOBE SOUND COMM CHEST HOBE SOUND, FL | CIVIC | $10,000 |
| JULIA GREEN PTO NASHVILLE, TN | CIVIC | $5,000 |
| NASHVILLE BALLET NASHVILLE, TN | CIVIC | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| OLIVER R GRACE JR | PRESIDENT | — | — |
Frequently Asked Questions
How do I apply for a grant from Obx Inc?
OBX Inc is classified as a private foundation with grantmaking authority. However, detailed information about grant sizes, specific funding priorities, application procedures, and recent grant awards is not available in the verified sources.
What size grants does Obx Inc award?
In 2024, Obx Inc awarded 20 grants totaling $436K — an average of about $22K per grant, based on its IRS Form 990 filings.
How much is Obx Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Obx Inc reported a distributable amount of $960K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Obx Inc's EIN?
Obx Inc's EIN (Employer Identification Number) is 11-3089277. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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