Private Foundation

BRACE COVE FOUNDATION INC

BRACE COVE FOUNDATION INC, of GLOUCESTER, MA, is a Private Foundation tracked in Imperigo's IRS 990 database. The 2025 filing shows $1.7M in revenue, $243K in expenses, $3.9M in total assets. IRS filings disclose 113 grants awarded by this foundation, totaling roughly $1.2M.

EIN: 810865242 GLOUCESTER, MA Private Grantmaking Foundations NTEE: T20 Latest filing: 2025
Total Revenue$1.7M
Total Expenses$243K
Total Assets$3.9M
Grants Given113
Grant Total$1.2M
Filing Years2021–2025

Before you apply to Brace Cove Foundation Inc

Preselected only Doesn't accept unsolicited requests for funds, per its 2025 Form 990-PF.

Often funds new orgs 62% of recent recipients were first-time grantees (2023–2025).

Who to contact, what to include, deadlines, typical grant size and geographic focus are available with membership.

Sample Grants Given

GLOUCESTER MUSIC WORKS
GLOUCESTER, MA · 2025
FOR DONEE'S EXEMPT PURPOSE
$126,000
LIFEBRIDGE NORTH SHORE (GRACE CENTER)
SALEM, MA · 2025
FOR DONEE'S EXEMPT PURPOSE
$5,000
THREE SISTERS GARDEN PROJECT INC
IPSWICH, MA · 2025
FOR DONEE'S EXEMPT PURPOSE
$5,000
BETTER TOGETHER FOR CAPE ANN INC
GLOUCESTER, MA · 2025
FOR DONEE'S EXEMPT PURPOSE
$1,000
BACKYARD GROWERS INC
GLOUCESTER, MA · 2025
FOR DONEE'S EXEMPT PURPOSE
$1,000

Showing up to 5 of 113 total records — full history available with membership.

Officers & Directors

MANAGER OF OPERATIONS Lianna Sours
DIRECTOR Nancy Legendre
DIRECTOR Walter Herlihy

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$1,182,015 113 grants

Financial Trends

Year Revenue Expenses Assets
2025 $1.7M $243K $3.9M
2024 $113K $243K $2.4M
2023 $255K $240K $2.4M
2022 $114K $265K $2.4M
2021 $96K $160K $2.6M

Between 2021 and 2025, reported annual revenue grew from $96K to $1.7M (+1677%), with total assets most recently reported at $3.9M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in MA, NH.

MANH

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for BRACE COVE FOUNDATION INC

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