Skip to content
Brace Cove Foundation Inc at a glance

· 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 FY2024still arriving
16
Grants FY2024still arriving
1
States reached
$100k
Largest
01What it fundsRead
02The needRead
03Its granteesRead
04Its fieldRead
05Through PlinthRead
01What it funds
0195% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2019 to 2024.

Education$246kHuman Services$145kCommunity Improvement$113kFood & Nutrition$72kEnvironment$42kArts & Culture$39kPhilanthropy$38kHealth$35kOther$0
02FY2024 · 16 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2024

  • Under $10k14 grants · $22k
  • $50k–250k2 grants · $170k
$1,000
Median grant
1
States reached
$2.4M
Total assets
Largest grants
RecipientAmount
GLOUCESTER PUBLIC SCHOOLS$100,000
HAWC$70,000
WELLSPRING$5,000
LIFEBRIDGE NORTH SHORE$5,000
ROCKPORT PUBLIC SCHOOL$4,000
SEASIDE SUSTAINABILITY$1,000
TOGETHER GLOUCESTER$1,000
CAPE ANN VERNAL POND TEAM$1,000
BIOMIMICRY NEW ENGLAND$1,000
GLOUCESTER FRATERNITY CLUB$1,000
GLOUCESTER MEETING HOUSE FOUNDATION$500
ROCKPORT EXCHANGE$500
MAGNOLIA LIBRARY$500
THATCHER ISLAND ASSOCIATION$500
HAMMOND CASTLE MUSEUM$500
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Its human-services grants (FY19–24, $141k) land where the poverty rate runs at 10%, against an area that typically sits at 6%. 100% of those dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 6%ACTION INC: $55k → 10%ACTION INC: $20k → 10%WELLSPRING HOUSE: $15k → 10%WELLSPRING: $5k → 10%WELLSPRING HOUSE: $5k → 10%SENIORCARE INC: $500 → 10%GLOUCESTER CELEBRATION CORPORATION: $500 → 10%YMCA OF THE NORTH SHORE INC: $25k → 10%FAMILY PROMISE NORTH SHORE BOSTON: $5k → 10%FAMILY PROMISE NORTH SHORE BOSTON: $5k → 10%LIFEBRIDGE NORTH SHORE: $5k → 10%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.
03Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

76%of every dollar goes to organizations it has funded before.
$775k · 24 repeat orgs$243k to everyone else

Grantees it renews have grown median revenue +52% since the first grant, against +18% for those funded once.

24 repeat relationships: 9 still active in FY2024, 15 since wound down; 7 grantees were first funded in FY2024 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

24
27

Total granted

$775k
$227k

Median revenue growth · since first grant

+52%
+18%

Still filing today

71%
70%

New vs renewed · share of each year

In FY2024, 91% of grant dollars renewed an existing relationship; $17k went to new ones.

50%100%’19’20’21’22’23’24
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’19’20’21’22’23’24
Human ServicesArts & CultureEnvironmentEducationFood & NutritionYouth DevelopmentOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.

Backed again, and grew

  • ACTION INC
    2× · 2020–2022 · $75k · revenue +312%
  • SALEM PANTRY INC
    3× · 2019–2021 · $68k · revenue +991%
  • WELLSPRING HOUSE INC
    2× · 2019–2020 · $20k · revenue +96%

Funded once

  • Groundwork Lawrence Inc
    one grant, 2021 · $38k · revenue -23%
  • CA
    CAPE ANN ART HAVEN INCgraduated
    one grant, 2019 · $30k · revenue +81%
  • IG
    Individual grant recipient
    one grant, 2021 · $26k
How this is measured

Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.

04Its field

Closest unfunded matches

The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.

1
Massachusetts Outdoor Heritage Foundation Inc Attn Susan Sacco
—
2
Greater Boston Council On Alcoholism Inc
Philanthropy
3
Cohasset Conservation Trust Inc
—
4
Guild of Boston Artists Inc
—
5
Backyard Growers Inc

Backyard growers cultivates healthy, connected, resilient communities and fights for food sovereignty by empowering people to grow their own food. we increase equitable access to vegetable gardens and the resources people and communities…

Food & Nutrition
6
Gloucester Fishing Community Preservation Fund Inc

Preserve and promote awareness of gloucesters fisheries, heritage, and the fabric of gloucester, massachusetts community;protecting and enhancing the port of gloucester and the ports infrastructure;and, in order to aid fishermen, serving…

Environment
7
Historic Boston Incorporated
—
8
The Thomas Jefferson Memorial Center At Coolidge Point Inc
Arts & Culture
9
Growing Places Garden Project Inc

To inspire and connect the north central massachusetts community to create equitable access to healthy food and environmental sustainability through education, collaboration and advocacy. growing places supports 27 north central…

Human Services
10
Green Cambridge Inc

Green Cambridge strives to create a more sustainable city protect the environment and educate youth and adults about the importance of environmental issue.

Environment
11
Managers of Boston Port and Seamen's Aid Society
—
12
North Shore Arts Association of Gloucester Inc

Foster the creation and appreciation of the fine arts by holding art exhibitions; conducting educational programs; acquiring and displaying a permanent collection of representational cape ann works of art; maintaining and preserving our…

—
How this is measured
The grantee most central to the portfolio’s shape is The Open Door Cape Ann Food Pantry Inc; the most unlike its peers is Thacher & Straitsmouth Islands Association. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
04the grantee network

42 grantees tracked through their own filings, 2017–2026.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2026, not grant rows in a single year, so this will not match the grant count on the cover. 42 of the 59 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

1
Load-bearing (≥25% of a budget)
12
Early backer (in before they grew)
41/42
Grantees still filing
28/42
Grew since first funded

Where the money sits, by cause and then by grantee

Individual grant recipient: $200,000 · OtherIndividual grant recipientGLOUCESTER PUBLIC SCHOOLS: $200,000 · OtherGLOUCESTER PUBLIC SCHOOLSHAWC: $85,000 · OtherHAWCROCKPORT PUBLIC SCHOOLS: $29,000 · OtherIndividual grant recipient: $26,325 · OtherYMCA OF METRO NORTH: $25,000 · Other+23 more: $108,475 · Other+23 moreACTION INC: $75,000 · Human ServicesACTION INCYMCA OF THE NORTH SHORE INC: $25,000 · Human ServicesYMCA OF THE NOR…WELLSPRING HOUSE INC: $20,000 · Human ServicesWELLSPRING HOUS…FAMILY PROMISE NORTH SHORE BOSTON INC: $10,000 · Human ServicesFAMILY PROMISE …WELLSPRING INC: $5,000 · Human ServicesTHE SALEM MISSION INC: $5,000 · Human Services+2 more: $1,000 · Human ServicesSALEM PANTRY INC: $68,000 · Food & NutritionTHREE SISTERS GARDEN PROJECT INC: $10,000 · Food & Nutrition+1 more: $1,000 · Food & NutritionGroundwork Lawrence Inc: $37,500 · Community ImprovementBEVERLY BOOTSTRAPS COMMUNITY SERVICES I: $11,000 · Community ImprovementCAPE ANN ART HAVEN INC: $30,000 · Arts & CultureGLOUCESTER STAGE COMPANY INC: $2,000 · Arts & Culture+6 more: $4,000 · Arts & CultureKESTREL EDUCATIONAL ADVENTURES INC: $25,200 · EnvironmentGENEROUS GARDENERS INC: $1,515 · EnvironmentCAPE ANN VERNAL POND TEAM: $1,500 · EnvironmentSEASIDE SUSTAINABILITY INC: $1,500 · Environment+3 more: $3,000 · EnvironmentESSEX COUNTY COMMUNITY FOUNDATION INC: $15,000 · PhilanthropyTHE GLOUCESTER FUND INC: $7,500 · Philanthropy
Other$673,800Human Services$141,000Food & Nutrition$79,000Community Improvement$48,500Arts & Culture$36,000Environment$32,715Philanthropy$22,500

Each grantee by its size and the funder’s share of it; top left is load-bearing

25%50%75%100%$100k$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetACTION INC: $75,000 over 2y, 0.1% of budgetSALEM PANTRY INC: $68,000 over 3y, 6.1% of budgetGroundwork Lawrence Inc: $37,500 over 1y, 0.7% of budgetCAPE ANN ART HAVEN INC: $30,000 over 1y, 15% of budgetKESTREL EDUCATIONAL ADVENTURES INC: $25,200 over 1y, 26% of budgetYMCA OF THE NORTH SHORE INC: $25,000 over 1y, 0.1% of budgetWELLSPRING HOUSE INC: $20,000 over 2y, 0.6% of budgetCITIZENS INN INC: $18,000 over 1y, 0.3% of budgetESSEX COUNTY COMMUNITY FOUNDATION INC: $15,000 over 2y, 0.0% of budgetBEVERLY BOOTSTRAPS COMMUNITY SERVICES I: $11,000 over 3y, 0.2% of budgetTHREE SISTERS GARDEN PROJECT INC: $10,000 over 2y, 1.6% of budgetFAMILY PROMISE NORTH SHORE BOSTON INC: $10,000 over 2y, 1.2% of budgetTHE GLOUCESTER FUND INC: $7,500 over 3y, 4.8% of budgetThe Cornerstone Creative Inc: $6,500 over 2y, 3.0% of budgetLEAP for Education Inc: $5,575 over 2y, 0.3% of budgetWELLSPRING INC: $5,000 over 1y, 0.2% of budgetTHE SALEM MISSION INC: $5,000 over 1y, 0.1% of budgetFriends of Northshore Education Consortium: $5,000 over 1y, 2.9% of budgetAmirah Inc: $2,000 over 1y, 0.2% of budgetGLOUCESTER STAGE COMPANY INC: $2,000 over 1y, 0.2% of budgetGENEROUS GARDENERS INC: $1,515 over 3y, 0.2% of budgetCAPE ANN VERNAL POND TEAM: $1,500 over 2y, 2.1% of budgetTHACHER & STRAITSMOUTH ISLANDS ASSOCIATION: $1,500 over 2y, 0.2% of budgetSEASIDE SUSTAINABILITY INC: $1,500 over 2y, 0.5% of budgetTHE FIRST R FOUNDATION INC: $1,500 over 1y, 12% of budgetGLOUCESTER FRATERNITY CLUB INC: $1,500 over 2y, 0.2% of budgetTOWNGREEN INC: $1,000 over 1y, 0.6% of budgetBIOMIMICRY NEW ENGLAND INC: $1,000 over 1y, 1.8% of budgetCAPE ANN TRAIL STEWARDS INC: $1,000 over 1y, 1.3% of budgetGLOBAL INITIATIVES INC: $1,000 over 2y, 19% of budgetFOOD LINK INC: $1,000 over 1y, 0.1% of budgetROCKPORT EXCHANGE CORPORATION: $1,000 over 2y, 1.0% of budgetGLOUCESTER MEETINGHOUSE FOUNDATION INC: $1,000 over 2y, 0.6% of budgetTHE OPEN DOOR CAPE ANN FOOD PANTRY INC: $1,000 over 1y, 0.0% of budgetSARGENT-MURRAY-GILMAN-HOUGH HOUSE ASSOCIATION: $900 over 1y, 0.8% of budgetGLOUCESTER CELEBRATION CORPORATION CO ROBERT J GILLIS JR: $500 over 1y, 0.1% of budgetGLOUCESTER WRITERS CENTER INC: $500 over 1y, 0.2% of budgetTHE MUSARY JRP INC: $500 over 1y, 0.7% of budgetTHE FILMMAKERS COLLABORATIVE INC: $500 over 1y, 0.0% of budgetSENIORCARE INC: $500 over 1y, 0.0% of budgetARPEGGIONE ENSEMBLE INC: $500 over 1y, 0.9% of budget
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

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.

Institution for Savin…Essex County Communit…Salem Five Charitable…Boston Foundation IncEastern Bank Foundati…New England Biolabs F…The Applied Materials…People's United Commu…Cummings Foundation G…Rockland Trust Charit…Bruce J Anderson Foun…The Peter and Elizabe…
Institution for Savings in Newburyport & Its Vicinity Charitable Foundation IncMA56.6× affinity25 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

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
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

How much its grantees rely on government

Each dot is one organization Brace Cove Foundation Inc funds: left to right is the share of its income from government, bottom to top the share from Brace Cove Foundation Inc. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 180%1%5%11%20%funder's share of their income ↑0%23%45%68%90%share of the org’s income from government →median 4%
  • Seniorcare Inc: 82% of income from government
  • Citizens Inn Inc: 18% of income from government
  • Salem Pantry Inc: 12% of income from government
  • Leap for Education Inc: 9% of income from government
  • Food Link Inc: 9% of income from government
  • Wellspring House Inc: 9% of income from government
  • Ymca of the North Shore Inc: 6% of income from government
  • The Salem Mission Inc: 4% of income from government
  • Arpeggione Ensemble Inc: 4% of income from government
  • Action Inc: 3% of income from government
  • Three Sisters Garden Project Inc: 2% of income from government
  • Essex County Community Foundation Inc: 2% of income from government
  • Gloucester Writers Center Inc: 1% of income from government
  • Wellspring Inc: 1% of income from government
  • Gloucester Meetinghouse Foundation Inc: 1% of income from government
  • Cape Ann Art Haven Inc: 1% of income from government
  • The Filmmakers Collaborative Inc: 1% of income from government
no gov moneyreceives it· size = income
18get no government money at all
6report government grants on their 990 we could not trace to a source (not plotted)
1rely on government for over half their income
⤢ axis zoomed · 0–90%
typical government reliance, FY20–25
How this is measured
Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.
05Through Plinth

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.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 59 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990-PF e-file return for fiscal year 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

Play a game based on Brace Cove’s filings →

More from the funding graph

The unnamed billions
grants reported with no recipient in the public record
The regranting layer
51% of grant dollars land in the regranting layer
The DAF merry-go-round
$9.7B circulates between donor-advised funds
The endowment market
who holds foundation money, and what just moved
The camps
funders cluster by geography, not ideology
By state
where grant money is based, and what stays home