The Pacer Foundation
The Pacer Foundation is a private, non-operating foundation based in Waltham, Massachusetts. Established in 1991, it operates as an independent charitable organization with tax-exempt 501(c)(3) status.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.4M
+150.4% YoY
Annual Giving
$115K
-16.8% YoY
Grant Count
30
-25.0% YoY
Avg Grant Size
$4K
+10.9% YoY
Mission & Focus Areas
The foundation has not publicly provided a formal mission statement. However, its grantmaking priorities focus on:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
- Science and STEM Education
Grantmaking
Based on the most recent filing data, the foundation distributed $115,000 in grants across 39 grants in its most recent fiscal year.
Grant Range
$1,000
Average Grant
$2,900
How to Apply
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- Massachusetts
- Montana
- California
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Giving (Most Recent Data):
- Total assets: $5,368,563 (2024 filing)
- Total giving: $115,000
- Annual revenue: $64,333–$86,400 (varies by reporting year)
- Annual expenses: $170,289
Historical Asset Trend: Assets have remained relatively stable, ranging from approximately $2.1 million to $2.4 million over the past decade, with more recent filings showing higher asset values.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $5,368,563 | $2,143,927 | $2,249,883 |
| Revenue | $3,362,892 | $64,333 | $86,430 |
| Expenses | $138,256 | $170,289 | $131,852 |
| Qualifying Distributions | $121,474 | $150,436 | $115,540 |
| Net Investment Income | $160,544 | $46,126 | $71,499 |
| Distributable Amount | $146,937 | $129,582 | $142,573 |
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
194 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Key personnel identified:
- Hugh K Foster Jr — President/Director
- Frank H Foster — Vice President/Director
- Adelaide E Foster — Secretary/Director
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| HUGH K FOSTER JR | PRESIDENT/DIRECTOR | 0.25 | — |
| FRANK H FOSTER | VICE PRESIDENT/DIRECTOR | 0.25 | — |
| JENNIFER BF WALTON | VICE PRESIDENT/DIRECTOR | 0.25 | — |
| ELIZABETH G WOODARD | TREASURER/DIRECTOR | 0.25 | — |
| ADELAIDE E FOSTER | SECRETARY/DIRECTOR | 0.25 | — |
Contact Information
Address: c/o FDC 1075 Main Street, Suite 200 Waltham, MA 02451
EIN: 77-0233360
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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