Pacer Foundation
- Assets
- $2.2m
- Revenue
- $86.4k
- Investments
- $2.2m
- Employees
- 0
- Location
- Waltham, MA
- Founding
- 06/1991
- Data as of
- 06/2022
- EIN
- 77-0233360
Organization Overview
Pacer Foundation is located in Waltham, MA. The organization was established in 1991. 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. Pacer 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 06/2022, Pacer Foundation generated $86.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (11.3%) each year. All expenses for the organization totaled $131.9k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (6.8%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Pacer Foundation has awarded 124 individual grants totaling $357,500. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frank H Foster V.p./ Director | 0.25 | $0 | |
Adelaide E Foster Secty/director | 0.25 | $0 | |
Hugh K Foster Jr Pres/ Director | 0.25 | $0 | |
Barbara Hunter Foster Chairperson | 0.25 | $0 | |
Jennifer Bf Walton V.P. / Director | 0.25 | $0 | |
Elizabeth G Woodard Dir / Treasurer | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2 |
| Dividends & Interest | $40,732 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $45,696 |
| Capital Gain Net Income | $44,327 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $86,430 |
| 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 | $21 |
| Total operating and administrative expenses | $19,352 |
| Contributions, gifts, grants paid | $112,500 |
| Total expenses and disbursements | $131,852 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $59,619 |
| 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 | $23,903 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,249,883 |
| 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, Pacer Foundation has awarded $112,500 in support to 39 organizations.
| Grant Recipient | Amount |
|---|---|
BOSTON CHILDREN'S HOSPITAL PURPOSE: GENERAL PURPOSE | $1,000 |
BROOKS SCHOOL PURPOSE: GENERAL PURPOSE | $22,500 |
BRIDGER CLINIC INC PURPOSE: GENERAL PURPOSE | $1,000 |
BROWN UNIVERSITY PURPOSE: GENERAL PURPOSE | $3,000 |
CANCER FOUNDATION OF SANTA BARBARA PURPOSE: GENERAL PURPOSE | $1,000 |
DIRECT RELIEF INTERNATIONAL PURPOSE: GENERAL PURPOSE | $6,000 |