Stephen And Palmina Pace Foundation Inc
- Assets
- $12.3m
- Revenue
- $440.3k
- Investments
- $1.7m
- Employees
- 0
- Location
- New York, NY
- Founding
- 03/2016
- Data as of
- 12/2021
- EIN
- 47-4164575
Organization Overview
Stephen And Palmina Pace Foundation Inc is located in New York, NY. The organization was established in 2016. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stephen And Palmina Pace Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Stephen And Palmina Pace Foundation Inc generated $440.3k in total revenue.
Since 2016, Stephen And Palmina Pace Foundation Inc has awarded 18 individual grants totaling $1,364,355. 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 |
|---|---|---|---|
Catherine Claman President/treasurer | 35 | $70,000 | |
Susan Vecsey Director | 5 | $0 | |
Bethany Dobson Director | 5 | $0 | |
Ernest R Natalini Director | 5 | $0 | |
S Wheeler Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $39,130 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $401,195 |
| Capital Gain Net Income | $401,195 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $440,325 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $70,000 |
| Other employee salaries and wages | $1,980 |
| Pension plans, employee benefits | $6,998 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,171 |
| Printing and publications | $0 |
| Other expenses | $43,210 |
| Total operating and administrative expenses | $150,772 |
| Contributions, gifts, grants paid | $39,000 |
| Total expenses and disbursements | $189,772 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $195,101 |
| 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 | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $308,026 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $10,442,534 |
| Total assets | $12,323,310 |
| 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 | $6,700 |
| Total liabilities | $6,700 |
Grants Awarded
Over the last fiscal year, Stephen And Palmina Pace Foundation Inc has awarded $762,940 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
Fairfield, CT PURPOSE: ARTWORK BY STEPHEN PACE | $346,470 |
Fairfield, CT PURPOSE: ARTWORK BY STEPHEN PACE | $346,470 |
Brooklyn, NY PURPOSE: UNRESTRICTED CONTRIBUTION TO THE ARTS | $15,000 |
Brooklyn, NY PURPOSE: UNRESTRICTED CONTRIBUTION TO THE ARTS | $15,000 |
FARNSWORTH ART MUSEUM PURPOSE: UNRESTRICTED CONTRIBUTION TO THE MUSEUM | $10,000 |
Provincetown, MA PURPOSE: UNRESTRICTED CONTRIBUTION TO THE ART CENTER | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Berks County School Districts Health Tr Reading, PA | $37,307,686 | $92,475,879 |
Jewish Home Lifecare Manhattan New York, NY | $92,070,146 | $86,814,145 |
Central European University New York, NY | $577,160,061 | $72,058,098 |
International Union Of Operating Engineers Welfare Fund Long Island City, NY | $98,450,225 | $98,628,304 |
New Jersey Property Liability Basking Ridge, NJ | $270,074,908 | $113,404,286 |
Upmc Lititz Harrisburg, PA | $81,864,299 | $83,139,500 |
Procter & Gamble Benefit Plan Trust Cincinnati, OH | $69,184,153 | $97,679,425 |
United Church Homes Inc Marion, OH | $230,951,491 | $117,776,158 |
American Society For Testing And Materials West Conshohocken, PA | $507,262,217 | $135,712,233 |
Cedar Crest Village Llc Pompton Plains, NJ | $458,841,206 | $94,228,748 |
Alfred P Sloan Foundation New York, NY | $2,105,880,634 | $192,527,982 |
Philadelphia Post-Acute Partnersllc Philadelphia, PA | $76,499,158 | $101,068,675 |