The Peace Foundation
The Peace Foundation is a private foundation focused on Education, based in Cranbury, NJ. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $197K in total assets. In 2025, it awarded 6 grants totaling $14K. Net investment income was $19K.
The Peace Foundation at a glance
In short: The Peace Foundation gave $14K across 6 grants in 2025 (avg $2K), mostly in Massachusetts. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $14,000
- +40.0% vs 2024
- Grants made (2025)
- 6
- +20.0% vs 2024
- Average grant
- $2,333
- +16.7% vs 2024
- Median grant
- $2,500
- Total assets
- $196,602
- +2.4% vs 2024
- Primary geography
- Massachusetts (50% 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 Peace Foundation funds
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2025
The largest 2025 recipient was PCRF ($4K). Together the top 6 received $14K.
Grant Size Distribution
23 grants across all recorded years
The most common grant size was under $50K: 23 grants of 23 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 6 itemized grants.
Cities
How The Peace Foundation gives
- Giving grew 40% from 2022 to 2025. Method
- In 2025 it paid out 133% 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 2021 to 2025, annual grant giving ranged from $10K (2021) to $14K (2025). In 2025 it made 6 grants totaling $14K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| PCRF Kent, OH | General Purpose | $3,500 |
| Red Hook Initiative Brooklyn, NY | General Purpose | $3,500 |
| Cambridge Community Center Cambridge, MA | General Purpose | $2,500 |
| Jewish Vocational Services (JVS) Boston Boston, MA | General Purpose | $2,500 |
| The Greater Boston Food Bank Boston, MA | General Purpose | $1,000 |
| Friends of the Community Learning Center Camridge, MA | General Purpose | $1,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $196,602 | $22,565 | $18,021 | $14,000 | 6 | $14,014 | $18,700 | $10,518 |
| 2024 | $192,058 | $13,955 | $14,044 | $10,000 | 5 | $10,270 | $10,223 | $10,443 |
| 2023 | $192,147 | $6,450 | $13,789 | $10,000 | 4 | $10,220 | $2,955 | $9,820 |
| 2022 | $199,486 | $8,262 | $15,705 | $10,000 | 5 | $10,170 | $5,228 | $9,901 |
| 2021 | $206,929 | $100,675 | $13,919 | $10,000 | 3 | $10,000 | $175,765 | $7,066 |
| 2020 | $120,173 | $2,003 | $2,000 | — | — | — | $3 | $7,723 |
Under IRS private-foundation payout rules, The Peace Foundation reported a distributable amount of $11K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Peace Foundation is led by Peace Sullivan, President on every filing since 2020 — the only officer listed, and uncompensated.
Officers on the 2025 filing
Peace Sullivan
President
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "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 Peace Foundation
How much does The Peace Foundation give each year?
The Peace Foundation gave $14K across 6 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $10K across 5 grants.
What is The Peace Foundation's typical grant size?
The Peace Foundation's median grant in 2025 was $2,500, and its average grant was $2,333, across 6 grants on its 2025 IRS Form 990-PF.
Where does The Peace Foundation give grants?
The Peace Foundation gives mostly in Massachusetts: 50% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Ohio (25%) and New York (25%). The most frequent recipient cities were Boston, MA (2 grants).
Does The Peace Foundation give general operating support?
Yes: 100% of The Peace Foundation's 2025 grants with a stated purpose (6 of 6) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are The Peace Foundation's largest grantees?
The Peace Foundation's largest 2025 grantees include PCRF ($3,500), Red Hook Initiative ($3,500) and Cambridge Community Center ($2,500), according to its 2025 IRS Form 990-PF. Together they received 68% of its itemized 2025 grant dollars.
How large is The Peace Foundation?
The Peace Foundation reported $197K in total assets on its 2025 IRS Form 990-PF. It paid out $14K in qualifying distributions that year, against a required minimum of $11K (roughly 5% of its investment assets).
What is The Peace Foundation?
The Peace Foundation is a private foundation focused on Education, based in Cranbury, NJ. It holds $197K in total assets as of 2025.
What is The Peace Foundation's EIN?
The Peace Foundation's EIN (Employer Identification Number) is 13-3949034. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in The Peace Foundation's focus areas in our free grants database
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