Obx Inc

PALM BEACH, FL EIN: 11-3089277

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

-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.

Research compiled by Grantable AI from public sources. Last updated April 2026.

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

Arizona $775K (23%)

New York $775K (23%)

Virginia $532K (16%)

California $375K (11%)

District of Columbia $252K (7%)

Washington $190K (6%)

Florida $140K (4%)

Connecticut $100K (3%)

+6 more states

States

Arizona California Connecticut District of Columbia Florida Indiana Massachusetts Maryland Michigan New York Tennessee Texas Virginia Washington

Cities

AbileneAlexandriaArlingtonCambridgeChesapeakeCold Spring HarborGlen HeadHillsdaleHobe SoundHoustonIndianapolisMamaroneckNashvilleNew HavenNew YorkNew York CityOlympiaOrlandoOyster BayPalm Beach

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

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?

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.