The Pace Family Foundation Inc
The Pace Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PRINCETON, WV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 26 grants totaling $102K. Net investment income was $69K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.4M
-0.0% YoY
Annual Giving
$102K
+27.5% YoY
Grant Count
26
+0.0% YoY
Avg Grant Size
$4K
+27.5% YoY
Under IRS private-foundation payout rules, The Pace Family Foundation Inc reported a distributable amount of $87K for 2024 — the minimum it must pay out in qualifying distributions.
About The Pace Family Foundation Inc
Based on IRS filings
The Pace Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PRINCETON, WV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 26 grants totaling $102K. Net investment income was $69K.
Focus Areas
Ready to take the next step with The Pace Family 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 | $1,434,942 | $1,434,951 | $1,417,661 |
| Revenue | $104,805 | $99,599 | $108,853 |
| Expenses | $103,313 | $81,274 | $90,178 |
| Qualifying Distributions | $102,933 | $80,894 | $89,685 |
| Net Investment Income | $69,138 | $62,422 | $59,108 |
| Distributable Amount | $87,280 | $82,884 | $157,440 |
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
125 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Marshall University Foundation ($35,000), Concord University Foundation ($21,000), Chuck Mathena Foundation ($8,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BIG GREEN SCHOLARSHIP FOUNDATION HUNTINGTON, WV | OPERATING FUNDS | $5,000 |
| MARSHALL UNIVERSITY FOUNDATION HUNTINGTON, WV | OPERATING FUNDS | $35,000 |
| PRINCETON COMMUNITY HOSPITAL FOUND PRINCETON, WV | OPERATING FUNDS | $2,000 |
| TENDER MERCIES MINISTRIES INC PRINCETON, WV | OPERATING FUNDS | $2,000 |
| CHUCK MATHENA FOUNDATION PRINCETON, WV | OPERATING FUNDS | $8,000 |
| SALVATION ARMY OF PRINCETON WV PRINCETON, WV | OPERATING FUNDS | $4,000 |
| HEAVEN SENT MINISTRIES PRINCETON, WV | OPERATING FUNDS | $1,512 |
| CONCORD UNIVERSITY FOUNDATION ATHENS, WV | OPERATING FUNDS | $21,000 |
| ALZHEIMER'S ASSOCIATION CHARLESTON, WV | OPERATING FUNDS | $500 |
| CHILD PROTECT OF MERCER COUNTY PRINCETON, WV | OPERATING FUNDS | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARGARET A PACE | PRESIDENT & | 1 | — |
| CHARLES W PACE | VICE-PRES & | 5 | — |
| C W PACE JR | TREAS & DIRE | 1 | — |
| CYNTHIA JONES | SECRETARY/DI | 1 | — |
| TIFFANY PACE | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Pace Family Foundation Inc?
The Pace Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PRINCETON, WV. It holds $1.4M in total assets as of 2024.
How large is The Pace Family Foundation Inc?
As of 2024, The Pace Family Foundation Inc holds $1.4M in total assets with $105K in annual revenue. It awarded 26 grants totaling $102K in 2024.
Where does The Pace Family Foundation Inc operate?
The Pace Family Foundation Inc has awarded grants in Florida, West Virginia.
What size grants does The Pace Family Foundation Inc award?
In 2024, The Pace Family Foundation Inc awarded 26 grants totaling $102K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is The Pace Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Pace Family Foundation Inc reported a distributable amount of $87K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Pace Family Foundation Inc's EIN?
The Pace Family Foundation Inc's EIN (Employer Identification Number) is 55-0768136. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Pace Family Foundation Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Preservati Family Char Tr Fdn
PRINCETON, WV
Assets
$55.0M
Grants
24
Total Given
$2.9M
Celanese Foundation
IRVING, TX
Assets
—
Grants
1,423
Total Given
$1.8M
National Philanthropic Trust
JENKINTOWN, PA
Assets
$42.2B
Grants
18,583
Total Given
$5.1B
Enterprise Holdings Foundation
SAINT LOUIS, MO
Assets
—
Grants
9,499
Total Given
$73.1M
Network for Good
WASHINGTON, DC
Assets
$96.2M
Grants
4,733
Total Given
$216.2M
Vanguard Charitable Endowment Program
SOUTHEASTERN, PA
Assets
$22.2B
Grants
24,269
Total Given
$3.0B
K B Tierney Charitable Foundation Trust
BLUEFIELD, WV
Assets
$2.1M
Grants
1
Total Given
$5K
Encova Foundation of West Virginia
CHARLESTON, WV
Assets
$51.7M
Grants
89
Total Given
$2.3M
The Greater Kanawha Valley Foundation
CHARLESTON, WV
Assets
$348.4M
Grants
239
Total Given
$13.8M
The Blackbaud Giving Fund
CHARLESTON SC, SC
Assets
$52.7M
Grants
1,860
Total Given
$41.4M
Truist West Virginia Foundation Inc
ORLANDO, FL
Assets
$11.3M
Grants
46
Total Given
$369K
The H P and Anne S Hunnicutt
PRINCETON, WV
Assets
$6.0M
Grants
42
Total Given
$1.4M
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with The Pace Family Foundation Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities