The Pace Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BESSEMER, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $58K in total assets. In 2024, it awarded 2 grants totaling $24K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$58K
-29.4% YoY
Annual Giving
$24K
-25.9% YoY
Grant Count
2
-33.3% YoY
Avg Grant Size
$12K
+11.1% YoY
Under IRS private-foundation payout rules, The Pace Foundation reported a distributable amount of $4K for 2024 — the minimum it must pay out in qualifying distributions.
About The Pace Foundation
Based on IRS filings
The Pace Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BESSEMER, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $58K in total assets. In 2024, it awarded 2 grants totaling $24K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $57,553 | $81,463 | $113,679 |
| Revenue | — | — | — |
| Expenses | $23,910 | $32,216 | $55,939 |
| Qualifying Distributions | $23,700 | $32,000 | $55,939 |
| Net Investment Income | — | — | — |
| Distributable Amount | $3,660 | $5,135 | $7,973 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
17 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include First Light ($15,000), Special Equestrians Inc ($8,700).
| Recipient | Purpose | Amount |
|---|---|---|
| FIRST LIGHT BIRMINGHAM, AL | TO PROVIDE HOUSING FOR HOMELESS WOMEN AND CHILDREN. | $15,000 |
| SPECIAL EQUESTRIANS INC INDIAN SPRINGS, AL | TO SUPPORT THERAPEUTIC HORSEBACK RIDING FOR THOSE WITH DISABILITIES. | $8,700 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MATTHEW LAWRENCE | PRESIDENT/DIRECTOR | 0.77 | — |
| ALLEN CROOK | VICE PRESIDENT/DIRECTOR | 0.77 | — |
| STEVEN MILLER | TREASURER | 3.92 | — |
| RACHEL RELEFORD | SECRETARY | 8.37 | — |
| WILLIAM LAWRENCE | DIRECTOR | 0.77 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Pace Foundation?
The Pace Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BESSEMER, AL. It holds $58K in total assets as of 2024.
How large is The Pace Foundation?
As of 2024, The Pace Foundation holds $58K in total assets. It awarded 2 grants totaling $24K in 2024.
Where does The Pace Foundation operate?
The Pace Foundation has awarded grants in Alabama, Wisconsin.
What size grants does The Pace Foundation award?
In 2024, The Pace Foundation awarded 2 grants totaling $24K — an average of about $12K per grant, based on its IRS Form 990 filings.
How much is The Pace Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Pace Foundation reported a distributable amount of $4K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Pace Foundation's EIN?
The Pace Foundation's EIN (Employer Identification Number) is 82-3818014. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Pace Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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