Pace Foundation
- Assets
- $113.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bessemer, AL
- Founding
- 09/2018
- Data as of
- 12/2022
- EIN
- 82-3818014
Organization Overview
Pace Foundation is located in Bessemer, AL. The organization was established in 2018. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Pace Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2018, Pace Foundation has awarded 17 individual grants totaling $263,106. 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 |
|---|---|---|---|
Matthew Lawrence President/director | 0.77 | $0 | |
Allen Crook Vice President/director | 0.77 | $0 | |
Steven Miller Treasurer | 3.92 | $0 | |
Rachel Releford Secretary | 8.37 | $0 | |
William Lawrence Director | 0.77 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $0 |
| 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 | $0 |
| Total operating and administrative expenses | $0 |
| Contributions, gifts, grants paid | $55,939 |
| Total expenses and disbursements | $55,939 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $108,679 |
| Savings and temporary cash investments | $0 |
| 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 | $5,000 |
| 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 | $113,679 |
| 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, Pace Foundation has awarded $55,939 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
BROTHER BRYAN MISSION PURPOSE: TO PROVIDE RESIDENTIAL PROGRAMS FOR THE HOMELESS IN CENTRAL ALABAMA. | $15,000 |
SPECIAL EQUESTRIANS INC PURPOSE: TO SUPPORT THERAPEUTIC HORSEBACK RIDING FOR THOSE WITH DISABILITIES. | $18,885 |
FIRST LIGHT PURPOSE: TO PROVIDE HOUSING FOR HOMELESS WOMEN AND CHILDREN. | $20,000 |
DEWAYNE GLAZE PURPOSE: TO SUPPORT THERAPEUTIC REHABILITATION | $2,054 |