Royce Family Fund Inc
Royce Family Fund Inc is a private foundation based in Greenwich, Connecticut. Its 2024 filing reports grants to charitable organizations, including cultural institutions, educational organizations, and community-serving groups.
Royce Family Fund Inc at a glance
In short: Royce Family Fund Inc gave $5.9M across 100 grants in 2024 (avg $59K), top state New York. 29% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $5,890,470
- +11.9% vs 2023
- Grants made (2024)
- 100
- -5.7% vs 2023
- Average grant
- $58,905
- +18.7% vs 2023
- Median grant
- $10,000
- Total assets
- $97,356,400
- -1.8% vs 2023
- New grantees (estimate)
- 29% first-time grantees (29 of 100, 2024)
- Primary geography
- New York (36% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Royce Family Fund Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 8 Sound Shore Drive, Greenwich, CT 06830
Phone: (203) 869-3541
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Royce Family Fund Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Fidelity Investments Charitable Gift Fund ($1.0M). Together the top 10 received $4.3M.
Grant Size Distribution
552 grants across all recorded years
The most common grant size was under $50K: 452 grants of 552 (82%).
Geographic Focus
Where this funder awards grants
In 2024, the largest shares of grant dollars went to recipients in New York (36%), Rhode Island (22%), Connecticut (19%), Massachusetts (17%), and Florida (3%).
Grant Distribution by State
Share of 2024 grant dollars across all 100 itemized grants.
States
Cities
Is Royce Family Fund Inc open to new grantees?
29%
first-time grantees, 2024
In 2024, 29 of 100 grantees (29%) were first-time recipients. First grants averaged $48K; repeat grants $63K. How we count
Medians: $10K first-time, $12K repeat.
- 57% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+8%). Method
- In 2024 it paid out 192% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $4.9M (2022) to $5.9M (2024). In 2024 it made 100 grants totaling $5.9M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Fidelity Investments Charitable Gift Fund Boston, MA | General Purposes | $1,000,000 |
| Hunter Foundation Tannersville, NY | General Purposes | $834,127 |
| Frick Collection New York, NY | General Purposes | $538,400 |
| Brown University Providence, RI | General Purposes | $495,000 |
| Ocean Community United Theater Westerly, RI | General Purposes | $386,000 |
| Knickerbocker Music Center Inc Westerly, RI | General Purposes | $283,425 |
| Avon Theater Film Center Inc Greenwhich, CT | General Purposes | $276,423 |
| Bruce Museum Greenwich, CT | General Purposes | $225,000 |
| New York Botanical Garden Bronx, NY | General Purposes | $130,000 |
| Filmmakers New York, NY | General Purposes | $126,000 |
Ready to take the next step with Royce Family Fund Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $97,356,400 | $4,630,703 | $6,515,091 | $5,890,470 | 100 | $7,258,903 | $4,508,370 | $3,783,906 |
| 2023 | $99,098,241 | $1,726,659 | $6,293,196 | $5,262,154 | 106 | $6,507,287 | $2,108,674 | $14,897,367 |
| 2022 | $112,463,711 | $1,475,446 | $5,405,381 | $4,921,002 | 116 | $6,554,656 | $1,571,445 | $5,088,780 |
| 2021 | $116,055,152 | $8,495,595 | $6,189,446 | $5,470,428 | 152 | $6,768,185 | $7,411,489 | $4,446,040 |
| 2020 | $113,545,435 | $5,444,218 | $5,772,012 | $5,500,351 | 78 | — | $4,679,581 | $3,530,239 |
Under IRS private-foundation payout rules, Royce Family Fund Inc reported a distributable amount of $3.8M for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The filing describes the purpose of the town-center street and public radio station as benefiting the community. It does not provide a broader mission statement.
Its 2024 grants included support for arts and cultural organizations, educational and religious organizations, and groups addressing community needs. For example, the Knickerbocker Music Center says its mission is to preserve and grow the blues style born in Westerly, Rhode Island, while expanding access to music through performances and music education. The Bruce Museum says it cultivates discovery and wonder through art and science. The New York Botanical Garden describes its work as plant-related research and public education about the natural world.
Other 2024 recipients included Berkeley Divinity School, which says it prepares students for clergy and lay leadership in the Episcopal Church and Anglican Communion, and Food Rescue US, which says it coordinates transfers of surplus food to organizations serving people experiencing food insecurity.
Grantmaking
In 2024, the foundation reported 100 grants totaling $5,890,470. Grants ranged from $215 to $1,000,000, with a median grant of $10,000.
Among the largest reported grants were $1,000,000 to Fidelity Investments Charitable Gift Fund, $834,127 to Hunter Foundation, $538,400 to the Frick Collection, $495,000 to Brown University, and $386,000 to Ocean Community United Theater. Each was listed for general purposes.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Charles M. Royce as president and treasurer and Nicholas Moore as secretary.
Royce Family Fund Inc is led by Charles M. Royce, President & Treasurer on every filing since 2020; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Charles M. Royce
President & Treasurer
On filings since 2020
2 hrs/week
No compensation reported
Nicholas Moore
Secretary
On filings since 2020
2 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 Royce Family Fund Inc
How much does Royce Family Fund Inc give each year?
Royce Family Fund Inc gave $5.9M across 100 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $5.3M across 106 grants.
What is Royce Family Fund Inc's typical grant size?
Royce Family Fund Inc's median grant in 2024 was $10,000, and its average grant was $58,905, across 100 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Royce Family Fund Inc that year got $48K on average.
Where does Royce Family Fund Inc give grants?
Royce Family Fund Inc's top state is New York, with 36% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Rhode Island (22%) and Connecticut (19%). The most frequent recipient cities were New York, NY (21 grants), Greenwich, CT (14 grants), Westerly, RI (9 grants) and Greenwhich, CT (3 grants).
Does Royce Family Fund Inc give general operating support?
Yes: 100% of Royce Family Fund Inc's 2024 grants with a stated purpose (100 of 100) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Royce Family Fund Inc's largest grantees?
Royce Family Fund Inc's largest 2024 grantees include Fidelity Investments Charitable Gift Fund ($1,000,000), Hunter Foundation ($834,127) and Frick Collection ($538,400), according to its 2024 IRS Form 990-PF. Together they received 40% of its itemized 2024 grant dollars.
How large is Royce Family Fund Inc?
Royce Family Fund Inc reported $97.4M in total assets on its 2024 IRS Form 990-PF. It paid out $7.3M in qualifying distributions that year, against a required minimum of $3.8M (roughly 5% of its investment assets).
What does Royce Family Fund Inc fund?
The filing describes the purpose of the town-center street and public radio station as benefiting the community. It does not provide a broader mission statement. See mission & focus areas ↑
How do I apply for a grant from Royce Family Fund Inc?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Royce Family Fund Inc's EIN?
Royce Family Fund Inc's EIN (Employer Identification Number) is 13-3318620. IRS Form 990 filing data is available on this page for 2020–2024.
Does Royce Family Fund Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). Royce Family Fund Inc funder profile. GrantGraph. Retrieved October 16, 2026, from https://grantable.co/funders/royce-family-fund-inc-morg_fad32d5841ea4ab081f941943adcfa3c
BibTeX
@misc{grantable_133318620_2026,
author = {{Grantable}},
title = {{Royce Family Fund Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/royce-family-fund-inc-morg_fad32d5841ea4ab081f941943adcfa3c},
note = {Accessed 2026-10-16. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Royce Family Fund Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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