The Grace Richardson Stetson Fund is a private foundation focused on Medical Research, based in PARSIPPANY, NJ. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $980K in total assets. In 2025, it awarded 1 grants totaling $60K. Net investment income was $115K.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$980K
+6.9% YoY
Annual Giving
$60K
+0.0% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$60K
+0.0% YoY
Under IRS private-foundation payout rules, The Grace Richardson Stetson Fund reported a distributable amount of $60K for 2025 — the minimum it must pay out in qualifying distributions.
About The Grace Richardson Stetson Fund
Based on IRS filings
The Grace Richardson Stetson Fund is a private foundation focused on Medical Research, based in PARSIPPANY, NJ. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $980K in total assets. In 2025, it awarded 1 grants totaling $60K. Net investment income was $115K.
Focus Areas
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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 | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $979,535 | $916,229 | $980,604 |
| Revenue | $158,412 | $25,211 | $34,646 |
| Expenses | $92,328 | $89,586 | $96,230 |
| Qualifying Distributions | $65,197 | $64,843 | $64,382 |
| Net Investment Income | $114,824 | $16,373 | $10,086 |
| Distributable Amount | $59,880 | $60,079 | $56,499 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2025
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include The Billings Clinic Foundation for the Cystic Fibrosis Clinic ($60,000).
| Recipient | Purpose | Amount |
|---|---|---|
| THE BILLINGS CLINIC FOUNDATION FOR THE CYSTIC FIBROSIS CLINIC BILLINGS, MT | FOR CYSTIC FIBROSIS RESEARCH | $60,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| E WILLIAM STETSON III | DIRECTOR AND PRESIDENT | — | — |
| PATRICIA S AGNEW | DIRECTOR AND VICE PRESIDENT | — | — |
| ERIK A HANSON | DIRECTOR, SECRETARY, AND TREASURER | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Grace Richardson Stetson Fund?
The Grace Richardson Stetson Fund is a private foundation focused on Medical Research, based in PARSIPPANY, NJ. It holds $980K in total assets as of 2025.
How large is The Grace Richardson Stetson Fund?
As of 2025, The Grace Richardson Stetson Fund holds $980K in total assets with $158K in annual revenue. It awarded 1 grants totaling $60K in 2025.
Where does The Grace Richardson Stetson Fund operate?
The Grace Richardson Stetson Fund has awarded grants in Montana.
What size grants does The Grace Richardson Stetson Fund award?
In 2025, The Grace Richardson Stetson Fund awarded 1 grants totaling $60K — an average of about $60K per grant, based on its IRS Form 990 filings.
How much is The Grace Richardson Stetson Fund required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, The Grace Richardson Stetson Fund reported a distributable amount of $60K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Grace Richardson Stetson Fund's EIN?
The Grace Richardson Stetson Fund's EIN (Employer Identification Number) is 20-8934914. IRS Form 990 filing data is available on this page for 2021–2025.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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