The Peace Foundation

Foundation · Grantmaker Cranbury, NJ EIN: 13-3949034

The Peace Foundation is a private foundation focused on Education, based in Cranbury, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $192K in total assets. In 2024, it awarded 5 grants totaling $10K. Net investment income was $10K.

Key facts about The Peace Foundation

EIN: 13-3949034
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $10,000
Grants made (2024): 5
Average grant: $2,000
Median grant: $2,000
Total assets: $192,058
Primary geography: Massachusetts (50% of itemized 2024 grant dollars)

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

Who The Peace Foundation funds

By grant dollars, the top recipient states for The Peace Foundation's 5 itemized 2024 grants were Massachusetts (50%), Ohio (25%) and New York (25%). 100% of grants with a stated purpose were for general or operating support.

How The Peace Foundation gives

Giving held roughly steady from 2021 to 2024 (+0%). Method
In 2024 it paid out 98% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

Next steps with The Peace Foundation

How to evaluate The Peace Foundation as a funder
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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$192K

-0.0% YoY

Annual Giving

$10K

+0.0% YoY

Grant Count

+25.0% YoY

Avg Grant Size

$2K

-20.0% YoY

Under IRS private-foundation payout rules, The Peace Foundation reported a distributable amount of $10K for 2024 — the minimum it must pay out in qualifying distributions.

About The Peace Foundation

Based on IRS filings

Focus Areas

Education

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Massachusetts $5K (50%)

Ohio $3K (25%)

New York $3K (25%)

Share of all 5 itemized 2024 grant dollars.

States

Georgia Massachusetts New York Ohio

Cities

BrooklynBostonCambridgeKentAtlantaBrooklineSaugus

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$192,058	$192,147	$199,486
Revenue	$13,955	$6,450	$8,262
Expenses	$14,044	$13,789	$15,705
Qualifying Distributions	$10,270	$10,220	$10,170
Net Investment Income	$10,223	$2,955	$5,228
Distributable Amount	$10,443	$9,820	$9,901

Data update history

When this profile's IRS filing data changed on Grantable

March 1, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 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 recipients include PCRF ($2,500), Red Hook Initiative ($2,500), Jewish Vocational Services (JVS) ($2,000).

Recipient	Purpose	Amount
PCRF Kent, OH	GENERAL PURPOSE	$2,500
RED HOOK INITIATIVE Brooklyn, NY	GENERAL PURPOSE	$2,500
JEWISH VOCATIONAL SERVICES (JVS) Boston, MA	GENERAL PURPOSE	$2,000
CREATIVE ARTS AT PARK Brookline, MA	GENERAL PURPOSE	$1,500
CAMBRIDGE COMMUNITY CENTER Cambridge, MA	GENERAL PURPOSE	$1,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Peace Sullivan	President	1	—

Subject Areas

Focus areas based on grantmaking activity

Education

Frequently Asked Questions

What is The Peace Foundation?

The Peace Foundation is a private foundation focused on Education, based in Cranbury, NJ. It holds $192K in total assets as of 2024.

How large is The Peace Foundation?

As of 2024, The Peace Foundation holds $192K in total assets with $14K in annual revenue. It awarded 5 grants totaling $10K in 2024.

Where does The Peace Foundation operate?

The Peace Foundation has awarded grants in Georgia, Massachusetts, New York, Ohio.

What size grants does The Peace Foundation award?

In 2024, The Peace Foundation awarded 5 grants totaling $10K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is The Peace Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Peace Foundation reported a distributable amount of $10K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.