Massachusetts · Private foundation
Brace Cove Foundation Inc
Its FY2024 filing reports that it funds preselected organizations and did not take unsolicited requests; check the foundation's own site before ruling it out.
- $192k
- Granted FY2024(still arriving)
- 16
- Grants FY2024
- 12
- Organizations funded FY2023
- 67%
- First-time grantees FY2023
- Median grant, FY2024
- $1,000
- Largest grant, FY2024
- $100,000
- Organizations funded a year
- 8 to 26
- FY2019 to FY2023
- States reached, FY2024
- 1
- Total assets, FY2024
- $2.4M
- Applications
- Preselected organizations only
- Per its most recent filing; check its own site
How open it is to new grantees
In FY2023, 67% of the organizations Brace Cove Foundation Inc funded were first-time grantees, receiving 3% of its grant dollars.
New vs renewed · share of each year
In FY2023, 97% of grant dollars renewed an existing relationship; $6k went to new ones.
Where new relationships form · theme of each grantee’s first grant
How this is measured
The numbers by year
| Fiscal year | Organizations funded | To those organizations | First-time grantees |
|---|---|---|---|
| FY2024still arriving | 16 | $192k | 44% |
| FY2023 | 12 | $191k | 67% |
| FY2022 | 18 | $227k | 44% |
| FY2021 | 8 | $118k | 38% |
| FY2020 | 14 | $114k | 43% |
| FY2019 | 26 | $177k | n/a |
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2019 to 2024.
Top grantees
Largest recipients by total granted, FY2019 to FY2024, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Action Inc | $75,000 | 2 | 0% |
| Salem Pantry Inc | $68,000 | 3 | 6% |
| Groundwork Lawrence Inc | $37,500 | 1 | 1% |
| Cape Ann Art Haven Inc | $30,000 | 1 | 15% |
| Kestrel Educational Adventures Inc | $25,200 | 1 | 26% |
| YMCA of the North Shore Inc | $25,000 | 1 | 0% |
| Wellspring House Inc | $20,000 | 2 | 1% |
| Nami Cape Ann | $20,000 | 4 | n/a |
| Citizens Inn Inc | $18,000 | 1 | 0% |
| Beverly Bootstraps Community Services I | $11,000 | 3 | 0% |
Show all 43 grantees
What it could do for these grantees
Plus 15 recipients with no EIN on record ($607k), not named here.
Where it is load-bearing
Brace Cove Foundation Inc supplied at least a quarter of the budget for 1 of its grantees at some point. The chart plots its 40 largest grantees; load-bearing ones sit top left.
Tap a dot to name the grantee.
How this is measured
Co-funders
Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.
Open a dossier: Institution for Savings in Newburyport & Its Vicinity Charitable Foundation Inc · Essex County Community Foundation Inc · Salem Five Charitable Foundation Inc · Boston Foundation Inc · Eastern Bank Foundation · New England Biolabs Foundation · The Applied Materials Foundation · People's United Community Foundation of Eastern Massachusetts Inc · Cummings Foundation Grants Inc (Fka Oneworld Boston Inc) · Rockland Trust Charitable Foundation Inc · Bruce J Anderson Foundation · The Peter and Elizabeth C Tower Foundation
How this is measured
Warm introductions · Powered by PlinthPlus
How do I get to Brace Cove Foundation Inc?
Find your warmest path to Brace Cove Foundation Inc through trustees and officers whose names appear on both boards. Search for your organization and Plinth traces the shortest route it can evidence.
Each link is a name appearing on two organizations’ public IRS 990 filings, matched on that name and, where the filings support it, on location. A same-state match has geographic support, which is a second matching feature rather than confirmation that the two are one person; a cross-state one is the likeliest to be two people who share a name. Every hop shows its tier, low-confidence and distant paths are held back rather than guessed, and it is worth confirming the person before you use the introduction.
About Brace Cove Foundation Inc
- How much does Brace Cove Foundation Inc give?
- Brace Cove Foundation Inc reported 16 grants totaling $192,000 in its FY2024 IRS filing. It funded between 8 and 26 organizations a year over FY2019 to FY2023.
- What does Brace Cove Foundation Inc fund?
- By grant dollars over FY2019 to FY2024, its largest causes are Education (24%), Human Services (14%), Community Improvement (11%).
- Who are Brace Cove Foundation Inc's largest grantees?
- By total granted over FY2019 to FY2024: Action Inc ($75k), Salem Pantry Inc ($68k), Groundwork Lawrence Inc ($38k).
- Does Brace Cove Foundation Inc fund new organizations?
- In FY2023, 67% of the organizations it funded were first-time grantees.
- Does Brace Cove Foundation Inc accept unsolicited applications?
- Its most recent filing reports that it funds preselected organizations and does not take unsolicited requests. Check the foundation's own site before ruling it out.
- Which funders back the same organizations as Brace Cove Foundation Inc?
- Its strongest co-funders, measured against what their size predicts, include Institution for Savings in Newburyport & Its Vicinity Charitable Foundation Inc, Essex County Community Foundation Inc, Salem Five Charitable Foundation Inc.
- Where is Brace Cove Foundation Inc based?
- Brace Cove Foundation Inc is based in MA.
Play a game based on Brace Cove’s filings →