The Pace Foundation
The Pace Foundation is a private foundation, based in Bessemer, AL. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $38K in total assets. In 2025, it awarded 2 grants totaling $20K.
The Pace Foundation at a glance
In short: The Pace Foundation gave $20K across 2 grants in 2025 (avg $10K), mostly in Alabama. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $20,000
- -15.6% vs 2024
- Grants made (2025)
- 2
- +0.0% vs 2024
- Average grant
- $10,000
- -15.6% vs 2024
- Median grant
- $10,000
- Total assets
- $37,553
- -34.8% vs 2024
- Primary geography
- Alabama (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who The Pace Foundation funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was First Light ($15K). Together the top 2 received $20K.
Grant Size Distribution
15 grants across all recorded years
The most common grant size was under $50K: 15 grants of 15 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
Cities
How The Pace Foundation gives
- Giving fell 64% from 2022 to 2025. Method
- In 2025 it paid out 798% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $20K (2025) to $67K (2020). In 2025 it made 2 grants totaling $20K.
Grants by year
Grant recipients and amounts by year
| 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. | $5,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2025 | $37,553 | — | $20,000 | $20,000 | 2 | $20,000 | $2,506 |
| 2024 | $57,553 | — | $23,910 | $23,700 | 2 | $23,700 | $3,660 |
| 2023 | $81,463 | — | $32,216 | $32,000 | 3 | $32,000 | $5,135 |
| 2022 | $113,679 | — | $55,939 | $55,939 | 4 | $55,939 | $7,973 |
| 2021 | $169,618 | $100,000 | $59,147 | $59,147 | 4 | $59,147 | $6,562 |
| 2020 | $128,765 | — | $68,762 | $67,000 | 4 | — | $9,406 |
| 2019 | $197,527 | — | $69,451 | $66,100 | 5 | — | $12,396 |
Under IRS private-foundation payout rules, The Pace Foundation reported a distributable amount of $3K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Pace Foundation is led by Matthew Lawrence, President & Director on every filing since 2019; none of the 5 officers listed in 2025 report compensation.
Officers on the 2025 filing
Matthew Lawrence
President & Director
On filings since 2019
0.8 hrs/week
No compensation reported
Allen Crook
Vice President & Director
On filings since 2019
0.8 hrs/week
No compensation reported
William Lawrence
Director
On filings since 2019
0.8 hrs/week
No compensation reported
Steven Miller
Treasurer
On filings since 2019
3.9 hrs/week
No compensation reported
Rachel Releford
Secretary
On filings since 2022
8.4 hrs/week
No compensation reported
Former officers (2)
- Former: Sally Shaver (2020–2021) — Secretary
- Former: Charles Moyer (2019) — Secretary
Data from IRS Form 990 filings, 2019–2025. "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 The Pace Foundation
How much does The Pace Foundation give each year?
The Pace Foundation gave $20K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $24K across 2 grants.
How large is The Pace Foundation?
The Pace Foundation reported $38K in total assets on its 2025 IRS Form 990-PF. It paid out $20K in qualifying distributions that year, against a required minimum of $3K (roughly 5% of its investment assets).
Where does The Pace Foundation operate?
The Pace Foundation has awarded grants in Alabama, Florida, Wisconsin.
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 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS May 28, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS June 17, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS April 18, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 15, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 6, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 12, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS March 2, 2026)
- IRS filings on file for fiscal years 2019–2025
Explore Open Grants
Browse active grant opportunities in The Pace Foundation's focus areas in our free grants database
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