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Filing year 2024

GRACE FARMS FOUNDATION INC

New Canaan, Connecticut·EIN 27-1401401·NTEE T23 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$18.5M
Total assets
$124.7M
Total expenses
$16.7M
Reported officers
15

Executive compensation

Form 990-PF · Part VIII · 5 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide.

Chief Operating Officer
75th to 90th percentile
$250k
$270k
Dir. & Chief Strat. Off./creative Dir.
Unclassified
$250k
$270k
Chief Financial Officer
75th to 90th percentile
$239k
$258k
Secretary & Chief Partnerships Officer
Board Secretary
Above 90th percentile
$185k
$200k
Gc & Justice Init Dep Dir(thru 03/24)
Unclassified
$155k
$167k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 10 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at GRACE FARMS FOUNDATION INC equaled 1% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
1%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$236k

Itemized grants

6

Median grant

$27k

RecipientLocationPurposeAmount
YALE CENTER FOR FAITH AND CULTURENEW HAVEN, CTTO SUPPORT THE YALE CENTER FOR FAITH AND CULTURE'S GENERAL CHARITABLE AND EDUCATIONAL PROGRAMS.$100k
YALE CENTER FOR ECOSYSTEMS ARCHITECTURE YALE SCHOOL OF ARCHITECTURENEW HAVEN, CTTO SUPPORT BIOMATERIALS RESEARCH AT YALE CEA.$55k
AFRICA TRANSFORMATIONAL INITIATIVETZGFF AFRICA DISSOLUTION CONTRIBUTION TO LOCAL SUCCEEDING NGO.$28k
CENTER FOR INNOVATIONSAN FRANCISCO, CATO SUPPORT DESIGN AND CONSTRUCTION EXPERTS WHO ARE CONTRIBUTING TO RECONSTRUCTION EFFORTS IN UKRAINE.$25k
BLACK ARTISTS DESIGNERS GUILD INCBROOKLYN, NYTO SUPPORT THE GUILD'S WORK TO DESIGN/BUILD THE NEW PROJECT: "THE UNDERGROUND LIBRARY: AN ARCHIVE OF OUR TRUTH."$25k
LAGUNA ART MUSEUMLAGUNA BEACH, CATO PROVIDE SUPPORT FOR AN EVENT THAT RAISED LOCAL AWARENESS FOR DESIGN FOR FREEDOM.$3k
Compare this foundation's grantees

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 6%
from 2023

From $236k in 2023 to $250k in 2024.

$236k
2023
$250k
2024
In today's dollarsEst.
Up 3% in real terms$264k to $270k

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Operating Officer pay rose 6% from 2023 to 2024, while revenue rose 39%.

$236k in 2023 to $250k in 2024.
  • Chief Financial Officer pay rose 67% from 2023 to 2024.
  • Board Secretary pay fell 4% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about GRACE FARMS FOUNDATION INC

What does the Chief Operating Officer of GRACE FARMS FOUNDATION INC earn?

In 2024, the Chief Operating Officer of GRACE FARMS FOUNDATION INC received $250,126 in total compensation. This pay is in the top quarter for Chief Operating Officer roles among Philanthropy, Voluntarism & Grantmaking organizations nationwide, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Operating Officer pay at GRACE FARMS FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide, the 2024 pay of the Chief Operating Officer at GRACE FARMS FOUNDATION INC falls between the 75th and 90th percentiles. In 2024, the highest total compensation at GRACE FARMS FOUNDATION INC equaled 1% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are GRACE FARMS FOUNDATION INC's revenue and expenses?

In 2024, GRACE FARMS FOUNDATION INC reported $18.5M in total revenue and $16.7M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.