The Paces Foundation Inc

Private foundation · Grantmaker Smyrna, GA EIN: 58-1949667

The Paces Foundation Inc is a private foundation, based in Smyrna, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $93.0M in total assets. In 2024, it awarded 7 grants totaling $38K. Net investment income was $6.8M.

The Paces Foundation Inc at a glance

In short: The Paces Foundation Inc gave $38K across 7 grants in 2024 (avg $5K), mostly in Washington. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$38,225
+855.6% vs 2023
Grants made (2024)
7
+133.3% vs 2023
Average grant
$5,461
+309.6% vs 2023
Median grant
$2,000
Total assets
$92,965,132
+5.8% vs 2023
Primary geography
Washington (78% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated September 2026.

Who The Paces Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

Densho: $30KDensho$30KFeller Park Neighborhood Association: $3KFeller Park NeighborhoodAssociation$3KBrownsville Assembly of God: $3KBrownsville Assembly of God$3KAlabama Affordable Housing Association: $2KAlabama Affordable HousingAssociation$2KEquipping the Saints: $100Equipping the Saints$100Georiga Sheriff's Association: $25Georiga Sheriff's Association$25

The largest 2024 recipient was Densho ($30K). Together the top 6 received $38K.

Grant Size Distribution

18 grants across all recorded years

18<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 18 grants of 18 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Share of 2024 grant dollars across all 7 itemized grants.

Cities

PensacolaAtlantaRomeBirminghamGainesvilleMadisonMariettaMemphisSeattleSmyrnaTuscaloosaWeyers Cave

How The Paces Foundation Inc gives

  • Giving grew 1811% from 2021 to 2024. Method
  • In 2023 it paid out 633% 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

$0$10K$20K$30K$40K3 grants2020 1 grant2021 4 grants2022 3 grants2023 7 grants2024

From 2020 to 2024, annual grant giving ranged from $2K (2021) to $38K (2024). In 2024 it made 7 grants totaling $38K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Densho Seattle, WAHumanitarian Aid and Support$30,000
Feller Park Neighborhood Association Atlanta, GAHumanitarian Aid and Support$3,000
Brownsville Assembly of God Pensacola, FLHumanitarian Aid and Support$3,000
Alabama Affordable Housing Association Tuscaloosa, ALHumanitarian Aid and Support$2,000
Equipping the Saints Weyers Cave, VAHumanitarian Aid and Support$100
Miscellaneous Smyrna, GAHumanitarian Aid and Support$100
Georiga Sheriff's Association Madison, GAHumanitarian Aid and Support$25
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$92,965,132$21,403,290$14,807,681$38,2257$6,843,977$6,816,846—
2023$87,831,998$10,528,238$11,663,009$4,0003$2,449,367$305,281$386,849
2022$82,927,040$7,185,397$11,359,792$13,6024$5,338,733$259,647$289,562
2021$85,397,872$9,603,919$9,451,382$2,0001$530,273$301,881$281,975
2020$85,253,591$8,724,644$9,363,395$35,2503—$204,187$146,660

Leadership & Key People

Officers and directors from IRS filings

The Paces Foundation Inc is led by Mark Du Mas, President on every filing since 2020; 2 of 6 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • Mark Du Mas

    President

    On filings since 2020

    40 hrs/week

    $925K (2020) → $978K (2024)

  • Renee Sandell

    Vice President

    On filings since 2020

    40 hrs/week

    $249K (2020) → $363K (2024)

  • Betty Jones

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Julie Bowen

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Kevin Kirby

    Secretary

    On filings since 2020

    1 hr/week

    No compensation reported

  • Robert Ryan

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Mark Du Mas — President: $978KMark Du MasPresident$978KRenee Sandell — Vice-President: $363KRenee SandellVice-President$363K

The highest reported compensation on the 2024 filing was $978K, to Mark Du Mas (President). 2 officers or directors reported compensation on that filing.

Frequently asked questions about The Paces Foundation Inc

How much does The Paces Foundation Inc give each year?

The Paces Foundation Inc gave $38K across 7 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $4K across 3 grants.

What is The Paces Foundation Inc's typical grant size?

The Paces Foundation Inc's median grant in 2024 was $2,000, and its average grant was $5,461, across 7 grants on its 2024 IRS Form 990-PF.

Where does The Paces Foundation Inc give grants?

The Paces Foundation Inc gives mostly in Washington: 78% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Georgia (8%) and Florida (8%).

Does The Paces Foundation Inc give general operating support?

Not in 2024: none of the 7 grants with a stated purpose on The Paces Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Humanitarian Aid and Support" (7 grants).

Who are The Paces Foundation Inc's largest grantees?

The Paces Foundation Inc's largest 2024 grantees include Densho ($30,000), Feller Park Neighborhood Association ($3,000) and Brownsville Assembly of God ($3,000), according to its 2024 IRS Form 990-PF. Together they received 94% of its itemized 2024 grant dollars.

How large is The Paces Foundation Inc?

The Paces Foundation Inc reported $93.0M in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $21.4M.

What is The Paces Foundation Inc's EIN?

The Paces Foundation Inc's EIN (Employer Identification Number) is 58-1949667. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from The Paces Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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