The Oliver R Grace Charitable
The Oliver R Grace Charitable Foundation is a family foundation based in Palm Beach, Florida. Established in 1992, it operates as a 501(c)(3) tax-exempt organization dedicated to supporting charitable causes through philanthropic giving.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.4M
-4.7% YoY
Annual Giving
$291K
+45.3% YoY
Grant Count
18
+20.0% YoY
Avg Grant Size
$16K
+21.1% YoY
Under IRS private-foundation payout rules, The Oliver R Grace Charitable reported a distributable amount of $343K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's primary funding interests include:
- Medical and cancer research
- Science institutes
- Youth services
Grantmaking
The foundation maintains an active grantmaking program. Recent grant activity includes a $10,000 award to Grace Place for a Food Pantry initiative.
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Geographic Focus
Where this funder awards grants
The foundation is based in Palm Beach, Florida and operates nationally.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total Assets: $3.55 million
- Total Revenue: $44,000
- Total Expenses: $201,000
- Total Liabilities: $0
The foundation has maintained tax-exempt status since May 1992.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,384,809 | $3,551,631 | $1,477,820 |
| Revenue | $130,454 | $43,988 | $54,672 |
| Expenses | $296,622 | $201,008 | $213,874 |
| Qualifying Distributions | $291,250 | $200,500 | $213,500 |
| Net Investment Income | $105,788 | $58,953 | $54,672 |
| Distributable Amount | $342,576 | $316,816 | $352,347 |
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
64 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Cancer Research Institute ($100,000), Committee to Unleash Prosperity ($30,000), Manhattan Institue ($30,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN FEDERATION FOR CHILDREN GR DALLAS, TX | CIVIC | $10,000 |
| BETHESDA BY THE SEA PALM BEACH, FL | RELIGIOUS | $10,000 |
| CANCER RESEARCH INSTITUTE NEW YORK, NY | SCIENTIFIC RESEARCH | $100,000 |
| COMMITTEE TO UNLEASH PROSPERITY POTOMAC, MD | CIVIC | $30,000 |
| FREEDOM FOUNDATION OLYMPIA, WA | CIVIC | $25,000 |
| GREEN VALE SCHOOL OLD BROOKVILLE, NY | EDUCATIONAL | $10,000 |
| LIPSCOMB ACADEMY NASHVILLE, TN | EDUCATIONAL | $10,000 |
| MANHATTAN INSTITUE NEW YORK, NY | CIVIC | $30,000 |
| NEW YORK YACHT CLUB FOUNDATION NEW YORK, NY | CIVIC | $1,000 |
| PALM BEACH CIVIC ASSOC PALM BEACH, FL | 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 | TTEE | — | — |
Contact Information
- Address: 241 Bradley Place, Palm Beach, FL 33480-3738
- Telephone: 561-459-2770
- EIN: 11-3105739
Frequently Asked Questions
What does The Oliver R Grace Charitable fund?
The foundation's primary funding interests include: • Medical and cancer research • Science institutes • Youth services
How do I apply for a grant from The Oliver R Grace Charitable?
The foundation maintains an active grantmaking program. Recent grant activity includes a $10,000 award to Grace Place for a Food Pantry initiative.
Where does The Oliver R Grace Charitable make grants?
The foundation is based in Palm Beach, Florida and operates nationally.
What size grants does The Oliver R Grace Charitable award?
In 2024, The Oliver R Grace Charitable awarded 18 grants totaling $291K — an average of about $16K per grant, based on its IRS Form 990 filings.
How much is The Oliver R Grace Charitable required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Oliver R Grace Charitable reported a distributable amount of $343K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Oliver R Grace Charitable's EIN?
The Oliver R Grace Charitable's EIN (Employer Identification Number) is 11-3105739. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Oliver R Grace Charitable's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.