Practice Foundation Inc
Practice Foundation Inc is a private foundation, based in MYSTIC, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $248K in total assets. In 2024, it awarded 4 grants totaling $23K. Net investment income was $21K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$248K
-0.6% YoY
Annual Giving
$23K
+40.6% YoY
Grant Count
4
+100.0% YoY
Avg Grant Size
$6K
-29.7% YoY
About Practice Foundation Inc
Based on IRS filings
Practice Foundation Inc is a private foundation, based in MYSTIC, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $248K in total assets. In 2024, it awarded 4 grants totaling $23K. Net investment income was $21K.
Ready to take the next step with Practice Foundation Inc?
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 | $247,657 | $249,147 | $321,324 |
| Revenue | $21,010 | $9,499 | $2,242 |
| Expenses | $22,500 | $16,000 | $13,500 |
| Qualifying Distributions | $22,500 | $16,000 | $12,500 |
| Net Investment Income | $21,010 | $9,499 | $2,242 |
| Distributable Amount | $764 | $665 | $439 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
9 grants across all recorded years
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
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Allan R Schuman | President | 1 | — |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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