Pace Family Foundation

Private foundation · Grantmaker Nashville, TN EIN: 62-1665556

Pace Family Foundation is a private foundation, based in Nashville, TN. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $344K in total assets. In 2025, it awarded 6 grants totaling $37K. Net investment income was $38K.

Key facts about Pace Family Foundation

In short: Pace Family Foundation gave $37K across 6 grants in 2025 (avg $6K), mostly in Tennessee. Source: 2025 IRS Form 990-PF.

EIN
62-1665556
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$37,040
Grants made (2025)
6
Average grant
$6,173
Median grant
$2,045
Total assets
$343,870
Primary geography
Tennessee (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$344K

Annual Giving

$37K

Grant Count

6

Avg Grant Size

$6K

Under IRS private-foundation payout rules, Pace Family Foundation reported a distributable amount of $38K for 2025 — the minimum it must pay out in qualifying distributions.

How Pace Family Foundation gives

  • Giving held roughly steady from 2022 to 2025 (−1%). Method
  • In 2025 it paid out 99% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2025 grant dollars across all 6 itemized grants.

Cities

WaverlyIndianapolisKnoxville

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K$400K6 grants2020 6 grants2021 8 grants2022 5 grants2023 6 grants2025

From 2020 to 2025, annual grant giving ranged from $29K (2020) to $307K (2021). In 2025 it made 6 grants totaling $37K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2025

Humphries County Arts Council: $27KHumphries County Arts Council$27KAmerican Legion Post 34: $5KAmerican Legion Post 34$5KHumpreys County CTE: $2KHumpreys County CTE$2KHumpreys County Humane Society: $2KHumpreys County Humane Society$2KVietnam Vets Associaion: $1KVietnam Vets Associaion$1KHumphreys County Museum: $450Humphreys County Museum$450

The largest 2025 recipient was Humphries County Arts Council ($27K). Together the top 6 received $37K.

Grant Size Distribution

31 grants across all recorded years

30<$50K$50–100K$100–250K1$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 30 grants of 31 (97%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Humphries County Arts Council Waverly, TNSupport of fine arts$27,000
American Legion Post 34 Waverly, TNgeneral care and aid to veterans3$4,500
Humpreys County CTE Waverly, TNSupport of students$2,090
Humpreys County Humane Society Waverly, TNCare of homeless pets$2,000
Vietnam Vets Associaion Waverly, TNSupport of vets$1,000
Humphreys County Museum Waverly, TNsupport of the Museum$450

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K2020 2021 2022 2023 2025
Metric202520232022
Total Assets$343,870$353,762$342,304
Revenue$51,190$62,866$47,773
Expenses$44,476$51,408$50,455
Qualifying Distributions$37,840$34,500$37,258
Net Investment Income$37,797$47,598$19,104
Distributable Amount$38,202$32,905$35,692

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2025

Leadership & Key People

Officers and directors from IRS filings

Pace Family Foundation's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Derek Pace

    Trustee

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Kevin Pace

    Trustee

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Ronald D Pace

    Trustee

    On filings since 2020

    5 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Pace Family Foundation

How much does Pace Family Foundation give each year?

Pace Family Foundation gave $37K across 6 grants in 2025, according to its 2025 IRS Form 990-PF.

What is Pace Family Foundation's typical grant size?

Pace Family Foundation's median grant in 2025 was $2,045, and its average grant was $6,173, across 6 grants on its 2025 IRS Form 990-PF.

Where does Pace Family Foundation give grants?

Pace Family Foundation gives mostly in Tennessee: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Waverly, TN (6 grants).

Does Pace Family Foundation give general operating support?

Yes: 17% of Pace Family Foundation's 2025 grants with a stated purpose (1 of 6) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are Pace Family Foundation's largest grantees?

Pace Family Foundation's largest 2025 grantees include Humphries County Arts Council ($27,000), American Legion Post 34 ($4,500) and Humpreys County CTE ($2,090), according to its 2025 IRS Form 990-PF. Together they received 91% of its itemized 2025 grant dollars.

How large is Pace Family Foundation?

Pace Family Foundation reported $344K in total assets on its 2025 IRS Form 990-PF. It paid out $38K in qualifying distributions that year, against a required minimum of $38K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What is Pace Family Foundation's EIN?

Pace Family Foundation's EIN (Employer Identification Number) is 62-1665556. IRS Form 990 filing data is available on this page for 2020–2025.

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

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