Three Graces Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FULTON, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $50.1M in total assets. In 2024, it awarded 1 grants totaling $1.9M. Net investment income was $7.1M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$50.1M
+65.3% YoY
Annual Giving
$1.9M
-44.7% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$1.9M
-44.7% YoY
About Three Graces Foundation Inc
Based on IRS filings
Three Graces Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FULTON, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $50.1M in total assets. In 2024, it awarded 1 grants totaling $1.9M. Net investment income was $7.1M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $50,097,976 | $30,304,896 | $30,834,396 |
| Revenue | $19,941,346 | $3,158,554 | $2,894,676 |
| Expenses | $1,989,546 | $3,558,345 | $3,609,413 |
| Qualifying Distributions | $1,945,193 | $3,586,810 | $3,638,902 |
| Net Investment Income | $7,120,051 | $1,119,061 | $290,770 |
| Distributable Amount | $1,846,246 | $1,552,044 | $1,693,792 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Bruce Bainum | Pres/Chairman | 0.5 | — |
| Charlene Bainum | Director/VP | 0.5 | — |
| Brian Bainum | Director | 0.5 | — |
| Blake Bainum | Director | 0.5 | — |
| Mary C Acker | Sec/Treasurer | 0.5 | — |
| Brooke Bainum | Director | 0.5 | — |
| Andrew Martin | Director | 0.5 | — |
| Amanda Nguyen | Director | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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