Oliver R Grace Charitable Foundation
- Assets
- $3.6m
- Revenue
- $44.0k
- Investments
- $3.3m
- Employees
- 0
- Location
- Palm Beach, FL
- Founding
- 05/1992
- Data as of
- 12/2023
- EIN
- 11-3105739
Organization Overview
Oliver R Grace Charitable Foundation is located in Palm Beach, FL. The organization was established in 1992. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oliver R Grace Charitable Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Oliver R Grace Charitable Foundation generated $44.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (37.5%) each year. All expenses for the organization totaled $201.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Oliver R Grace Charitable Foundation has awarded 46 individual grants totaling $1,074,135. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,709 |
| Dividends & Interest | $56,244 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$14,965 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $43,988 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $508 |
| Total operating and administrative expenses | $508 |
| Contributions, gifts, grants paid | $200,500 |
| Total expenses and disbursements | $201,008 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $73,313 |
| Savings and temporary cash investments | $140,383 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,551,631 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Oliver R Grace Charitable Foundation has awarded $200,500 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
BOYS AND GIRLS CLUB OF MARTIN COUNT PURPOSE: CIVIC | $10,000 |
BOYS AND GIRLS CLUB OF PALM BEACH PURPOSE: CIVIC | $25,000 |
CANCER RESEACH INST PURPOSE: MEDICAL RESEARCH | $50,000 |
CENTRAL PARK CONSERVANCY PURPOSE: CIVIC | $1,000 |
CHILD RESCUE COALITION PURPOSE: CIVIC | $10,000 |
EPISCOPAL HIGH SCHOOL PURPOSE: EDUCATIONAL | $5,000 |