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
Under IRS private-foundation payout rules, The Pacer Foundation reported a distributable amount of $147K for 2024 — the minimum it must pay out in qualifying distributions.
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
Among its reported 2024 grants, the largest include Thrive ($18,000), Brooks School ($12,000), Direct Relief International ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BOSTON CHILDREN'S HOSPITAL BOSTON, MA | PROVIDE PEDIATRIC HEALTHCARE | $1,000 |
| BRIDGER CLINIC INC BOZEMAN, MT | REPRODUCTIVE HEALTHCARE AND EDUCATION | $1,000 |
| BROOKS SCHOOL NORTH ANDOVER, MA | PROVIDE EDUCATION | $12,000 |
| BROWN UNIVERSITY PROVIDENCE, RI | PROVIDE EDUCATION | $3,000 |
| COLBY COLLEGE WATERVILLE, ME | PROVIDE EDUCATION | $1,000 |
| DIRECT RELIEF INTERNATIONAL SANTA BARBARA, CA | TO IMPROVE HEALTH AND LIVES OF PEOPLE AFFECTED BY POVERTY | $10,000 |
| ELON UNIVERSITY ELON, NC | TO PROVIDE LIBERAL ARTS UNDERGRADUATE CURRICULUM AND GRADUATE PROGRAMS | $1,000 |
| FESSENDEN SCHOOL NEWTON, MA | CULTIVATES EACH BOY'S TALENTS | $1,000 |
| FLORIDA STATE UNIVERSITY FOUNDATION TALLAHASSEE, FL | TO ENHANCE THE ACADEMIC MISSION OF FLORIDA STATE UNIVERSITY | $1,000 |
| GEORGETOWN UNIVERSITY WASHINGTON, DC | TO PROVIDE HIGH QUALITY OF EDUCATION | $1,000 |
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
Frequently Asked Questions
What does The Pacer Foundation fund?
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
How do I apply for a grant from The Pacer Foundation?
**Grant Amounts:** • Typical awards range from $500 to $22,500 • Median grant size: $1,000 • Average grant size: $2,900 **Recent Activity:** Based on the most recent filing data, the foundation distributed $115,000 in grants across 39 grants in its most recent fiscal year. **Application Process:** No application process information is available in the verified sources.
Where does The Pacer Foundation make grants?
The foundation primarily funds organizations in: • Massachusetts • Montana • California
What size grants does The Pacer Foundation award?
In 2024, The Pacer Foundation awarded 30 grants totaling $115K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is The Pacer Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Pacer Foundation reported a distributable amount of $147K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Pacer Foundation's EIN?
The Pacer Foundation's EIN (Employer Identification Number) is 77-0233360. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Pacer Foundation'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.
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