GRACE FARMS FOUNDATION: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
GRACE FARMS FOUNDATION (EIN 27-1401401)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-11-17
IRS object ID
202523219349101547
Schema version
2024v5.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-11-17T11:37:14-06:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN991856619PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1GRANT THORNTON ADVISORS LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1757 THIRD AVENUE 9TH FLOORAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP100172013ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN271401401EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1GRACE FARMS FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlGRACBusinessNameControlTxt
Phone2039201716PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1365 LUKES WOOD ROADAddressLine1Txt
CityNEW CANAANCityNm
State AbbreviationCTStateAbbreviationCd
ZIP068400876ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonARTHUR J AJ CONLEYPersonNm
Person TitleCFOPersonTitleTxt
Phone2039201702PhoneNum
Signature2025-11-17SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSCOTT THOMPSETTPreparerPersonNm
PTINP00741490PTIN
Phone2125990100PhoneNum
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$124,677,973FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$17,710,109ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$105,535InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$105,535InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$105,535InterestOnSavingsAdjNetIncmAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Net ST Capital Gain Adj Net Incm$0NetSTCapitalGainAdjNetIncmAmt
Gross Sales Less Ret And Allwnc$1,030,630GrossSalesLessRetAndAllwncAmt
Cost Of Goods Sold$364,728CostOfGoodsSoldAmt
Gross Profit Rev And Expnss$665,902GrossProfitRevAndExpnssAmt
Gross Profit Adj Net Incm$665,902GrossProfitAdjNetIncmAmt
Total Rev And Expnss$18,481,546TotalRevAndExpnssAmt
Total Net Invst Incm$105,535TotalNetInvstIncmAmt
Total Adj Net Incm$771,437TotalAdjNetIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$1,172,155CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$0CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Adj Net Incm$0CompOfcrDirTrstAdjNetIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$1,172,155CompOfcrDirTrstDsbrsChrtblAmt
Oth Empl Slrs Wgs Rev And Expnss$6,649,937OthEmplSlrsWgsRevAndExpnssAmt
Oth Empl Slrs Wgs Net Invst Incm$0OthEmplSlrsWgsNetInvstIncmAmt
Oth Empl Slrs Wgs Adj Net Incm$771,437OthEmplSlrsWgsAdjNetIncmAmt
Oth Empl Slrs Wgs Dsbrs Chrtbl$5,878,500OthEmplSlrsWgsDsbrsChrtblAmt
Pension Empl Bnft Rev And Expnss$1,548,280PensionEmplBnftRevAndExpnssAmt
Pension Empl Bnft Net Invst Incm$0PensionEmplBnftNetInvstIncmAmt
Pension Empl Bnft Adj Net Incm$0PensionEmplBnftAdjNetIncmAmt
Pension Empl Bnft Dsbrs Chrtbl$1,548,280PensionEmplBnftDsbrsChrtblAmt
Legal Fees Rev And Expnss$159,172LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm$0LegalFeesNetInvstIncmAmt
Legal Fees Adj Net Incm$0LegalFeesAdjNetIncmAmt
Legal Fees Dsbrs Chrtbl$165,282LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss$122,805AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$6,140AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm$0AccountingFeesAdjNetIncmAmt
Accounting Fees Chrtbl Prps$116,593AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss$1,543,572OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$0OtherProfFeesNetInvstIncmAmt
Other Prof Fees Adj Net Incm$0OtherProfFeesAdjNetIncmAmt
Other Prof Fees Dsbrs Chrtbl$1,562,603OtherProfFeesDsbrsChrtblAmt
Deprec And Dpltn Rev And Expnss$2,269,488DeprecAndDpltnRevAndExpnssAmt
Deprec And Dpltn Net Invst Incm$0DeprecAndDpltnNetInvstIncmAmt
Deprec And Dpltn Adj Net Incm$0DeprecAndDpltnAdjNetIncmAmt
Occupancy Rev And Expnss$1,531,200OccupancyRevAndExpnssAmt
Occupancy Net Invst Incm$0OccupancyNetInvstIncmAmt
Occupancy Adj Net Incm$0OccupancyAdjNetIncmAmt
Occupancy Dsbrs Chrtbl$1,531,200OccupancyDsbrsChrtblAmt
Trav Conf Meeting Rev And Expnss$156,510TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Net Invst Incm$0TravConfMeetingNetInvstIncmAmt
Trav Conf Meeting Adj Net Incm$0TravConfMeetingAdjNetIncmAmt
Trav Conf Meeting Dsbrs Chrtbl$156,510TravConfMeetingDsbrsChrtblAmt
Printing And Pub Rev And Expnss$151,781PrintingAndPubRevAndExpnssAmt
Printing And Pub Net Invst Incm$0PrintingAndPubNetInvstIncmAmt
Printing And Pub Adj Net Incm$0PrintingAndPubAdjNetIncmAmt
Printing And Pub Dsbrs Chrtbl$151,781PrintingAndPubDsbrsChrtblAmt
Other Expenses Rev And Expnss$1,142,563OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$0OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm$0OtherExpensesAdjNetIncmAmt
Other Expenses Dsbrs Chrtbl$1,142,563OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$16,447,463TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$6,140TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$771,437TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$13,425,467TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$236,073ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$236,073ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$16,683,536TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$6,140TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$771,437TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$13,661,540TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$1,798,010ExcessRevenueOverExpensesAmt
Net Investment Income$99,395NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$606,325CashBOYAmt
Cash EOY$252,120CashEOYAmt
Cash EOYFMV$252,120CashEOYFMVAmt
Sav And Temp Cash Invst BOY$1,006,018SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$1,555,088SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$1,555,088SavAndTempCashInvstEOYFMVAmt
Inventories BOY$61,446InventoriesBOYAmt
Inventories EOY$90,921InventoriesEOYAmt
Inventories EOYFMV$90,921InventoriesEOYFMVAmt
Prepaid Expenses BOY$104,107PrepaidExpensesBOYAmt
Prepaid Expenses EOY$169,943PrepaidExpensesEOYAmt
Prepaid Expenses EOYFMV$169,943PrepaidExpensesEOYFMVAmt
Land Bldg Equip Cost Or Other Bss$140,809,955LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$23,210,996LandBldgEquipAccumDeprecAmt
Land BOY$119,193,325LandBOYAmt
Land EOY$117,598,959LandEOYAmt
Land EOYFMV$117,598,959LandEOYFMVAmt
Other Assets BOY$2,158,812OtherAssetsBOYAmt
Other Assets EOY$5,010,942OtherAssetsEOYAmt
Other Assets EOYFMV$5,010,942OtherAssetsEOYFMVAmt
Total Assets BOY$123,130,033TotalAssetsBOYAmt
Total Assets EOY$124,677,973TotalAssetsEOYAmt
Total Assets EOYFMV$124,677,973TotalAssetsEOYFMVAmt
Accounts Payable BOY$714,152AccountsPayableBOYAmt
Accounts Payable EOY$351,453AccountsPayableEOYAmt
Grants Payable BOY$50,000GrantsPayableBOYAmt
Deferred Revenue BOY$47,018DeferredRevenueBOYAmt
Deferred Revenue EOY$144,778DeferredRevenueEOYAmt
Total Liabilities BOY$811,170TotalLiabilitiesBOYAmt
Total Liabilities EOY$496,231TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$121,336,159NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$123,514,321NoDonorRstrNetAssestsEOYAmt
Donor Rstr Net Assets BOY$982,704DonorRstrNetAssetsBOYAmt
Donor Rstr Net Assets EOY$667,421DonorRstrNetAssetsEOYAmt
Tot Net Ast Or Fund Balances BOY$122,318,863TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$124,181,742TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$123,130,033TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$124,677,973TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$122,318,863TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$1,798,010ExcessRevenueOverExpensesAmt
Other Increases$64,869OtherIncreasesAmt
Subtotal$124,181,742SubtotalAmt
Other Decreases$0OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$124,181,742TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$1,382InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$1,382SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$1,382TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$5EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid$1,000ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld$0BackupWithholdingWithheldAmt
Total Payments And Credits$1,005TotalPaymentsAndCreditsAmt
Es Penalty$0EsPenaltyAmt
Tax Due$377TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political Acty0LegislativePoliticalActyInd
More Than100 Spent0MoreThan100SpentInd
Form1120 POL Filed0Form1120POLFiledInd
Section4955 Organization Tax$0Section4955OrganizationTaxAmt
Section4955 Managers Tax$0Section4955ManagersTaxAmt
Tax Reimbursed$0TaxReimbursedAmt
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws0ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (1)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (1)AtLeast5000InAssetsInd
Org Report Or Register StateALOrgReportOrRegisterStateCd
Org Report Or Register StateAKOrgReportOrRegisterStateCd
Org Report Or Register StateCTOrgReportOrRegisterStateCd
Org Report Or Register StateDEOrgReportOrRegisterStateCd
Org Report Or Register StateKYOrgReportOrRegisterStateCd
Org Report Or Register StateMAOrgReportOrRegisterStateCd
Org Report Or Register StateMEOrgReportOrRegisterStateCd
Org Report Or Register StateMIOrgReportOrRegisterStateCd
Org Report Or Register StateNDOrgReportOrRegisterStateCd
Org Report Or Register StateNHOrgReportOrRegisterStateCd
Org Report Or Register StateNVOrgReportOrRegisterStateCd
Org Report Or Register StateNYOrgReportOrRegisterStateCd
Org Report Or Register StateOHOrgReportOrRegisterStateCd
Org Report Or Register StateOKOrgReportOrRegisterStateCd
Org Report Or Register StateRIOrgReportOrRegisterStateCd
Org Report Or Register StateSCOrgReportOrRegisterStateCd
Org Report Or Register StateUTOrgReportOrRegisterStateCd
Org Report Or Register StateWAOrgReportOrRegisterStateCd
Org Report Or Register StateWVOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (1)Form990PFFiledWithAttyGenInd
Private Operating FoundationYes (1)PrivateOperatingFoundationInd
New Substantial Contributors0NewSubstantialContributorsInd
Own Controlled EntityYes (1)OwnControlledEntityInd
Donor Advised Fund0DonorAdvisedFundInd
Comply With Public Insp RqrYes (1)ComplyWithPublicInspRqrInd
Website AddressGRACEFARMS.ORGWebsiteAddressTxt
Individual With BooksARTHUR J AJ CONLEYIndividualWithBooksNm
Phone2039201716PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1365 LUKES WOOD ROADAddressLine1Txt
CityNEW CANAANCityNm
State AbbreviationCTStateAbbreviationCd
ZIP068400876ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionYes (1)ForeignAccountsQuestionInd
Foreign CountryTZForeignCountryCd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified Prsn0SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn0BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn0FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnYes (1)PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn0TransferAstDisqualifiedPrsnInd
Payment To Government Official0PaymentToGovernmentOfficialInd
Acts Fail To Qlfy As Exceptions0ActsFailToQlfyAsExceptionsInd
Uncorrected Prior Acts0UncorrectedPriorActsInd
Undistributed Income PY0UndistributedIncomePYInd
Business Holdings0BusinessHoldingsInd
Jeopardy Investments0JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst0UncorrectedPYJeopardyInvstInd
Influence Legislation0InfluenceLegislationInd
Influence Election0InfluenceElectionInd
Grants To Individuals0GrantsToIndividualsInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Noncharitable Purpose0NoncharitablePurposeInd
Transactions Fail To Qlfy As Exc0TransactionsFailToQlfyAsExcInd
Maintained Expenditure RspnsYes (1)MaintainedExpenditureRspnsInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (15 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
SHARON PRINCE
PO BOX 876NEW CANAANCT06840CHAIR/CEO50.00$0$0$0
MICHAEL CHEN
PO BOX 876NEW CANAANCT06840VICE CHAIR3.00$0$0$0
ROY MEDILE
PO BOX 876NEW CANAANCT06840TREASURER5.00$0$0$0
ABIGAIL BANGSER
PO BOX 876NEW CANAANCT06840DIRECTOR1.00$0$0$0
ANNA DYSON
PO BOX 876NEW CANAANCT06840DIRECTOR1.00$0$0$0
PETER HUNSINGER
PO BOX 876NEW CANAANCT06840DIRECTOR1.00$0$0$0
ANGELA MWANZA
PO BOX 876NEW CANAANCT06840DIRECTOR1.00$0$0$0
ROBERT PRINCE
PO BOX 876NEW CANAANCT06840DIRECTOR1.00$0$0$0
HAYES SLADE
PO BOX 876NEW CANAANCT06840DIRECTOR1.00$0$0$0
MIROSLAV VOLF
PO BOX 876NEW CANAANCT06840DIRECTOR1.00$0$0$0
CHELSEA THATCHER
PO BOX 876NEW CANAANCT06840DIR. & CHIEF STRAT. OFF./CREATIVE DIR.50.00$249,798$23,986$0
ALINA M REYNOLDS
PO BOX 876NEW CANAANCT06840GC & JUSTICE INIT DEP DIR(THRU 03/24)50.00$154,754$0$0
CHERIE A SWEENEY
PO BOX 876NEW CANAANCT06840CHIEF OPERATING OFFICER50.00$250,126$20,981$0
MEGHAN DH WALSH
PO BOX 876NEW CANAANCT06840SECRETARY & CHIEF PARTNERSHIPS OFFICER50.00$185,096$27,534$0
ARTHUR J CONLEY
PO BOX 876NEW CANAANCT06840CHIEF FINANCIAL OFFICER50.00$239,231$20,649$0

Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee BenefitsEmployeeBenefitsAmtExpense AccountExpenseAccountAmt
ELIZABETH RAPUANO
PO BOX 876NEW CANAANCT06840CHIEF COMMUNICATIONS50.00$204,402$28,071$0
ASHLEY W SIKORA
PO BOX 876NEW CANAANCT06840DIRECTOR OF MARKETIN50.00$199,858$3,792$0
WILLIAM J STONEBRIDGE
PO BOX 876NEW CANAANCT06840DIRECTOR OF FACILITI50.00$185,096$18,121$0
KAREN L KARIUKI
PO BOX 876NEW CANAANCT06840MD, STRATEGIC INITIA50.00$169,615$26,986$0
WILLIAM TOM
PO BOX 876NEW CANAANCT06840DIRECTOR OF IT AND C50.00$175,758$15,988$0
FieldValueIRS element (for citing)
Other Employee Paid Over50k64OtherEmployeePaidOver50kCnt

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdService TypeServiceTypeTxtCompensationCompensationAmtAddress Line1ForeignAddress/AddressLine1TxtCityForeignAddress/CityNmCountryForeignAddress/CountryCdForeign PostalForeignAddress/ForeignPostalCd
SECURITAS SECURITY SYSTEMS USA INC
30 OAK STREET STE 403STAMFORDCT06905SAFETY SERVICES$825,685
FINN PARTNERS LLC
301 EAST 57TH STREETNEW YORKNY10022COMMUNICATIONS SERVICES$181,318
DILIGENTIA GLOBAL SOLUTIONS
RESEARCH/ADV: DESIGN FREEDOM$146,43231 THE VICARAGE GREAT KING STCHESHIRE UK SKUKSK116PL
LEERFORM LLC
182 STEWART AVENEW YORKNY11237EVENT AND EXHIBITION SERVICES$140,970
GRANT THORNTON
757 THIRD AVENUE 3RD FLOORNEW YORKNY100172013ACCOUNTING SERVICES$122,805
FieldValueIRS element (for citing)
Contractor Paid Over50k26ContractorPaidOver50kCnt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1SEE STATEMENT 15Description1Txt
Expenses1$12,513,746Expenses1Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1GRACE FARMS FOODS LLC - CAPITAL CONTRIBUTION TO GRACE FARMS FOODS LLC ("GF FOODS") TO ADVANCE THE MISSION AND EXEMPT PURPOSES OF THE FOUNDATION, INCLUDING BUT NOT LIMITED TO DEMONSTRATING AND ADVOCATING FOR TRANSPARENT SUPPLY CHAINS, DEMONSTRATING ENVIRONMENTAL STEWARDSHIP, SUPPORTING FEMALE AND DIVERSE ARTISTS AND ENTREPRENEURS, AND FOSTERING COMMUNITY. THE SPECIFIC EXEMPT PURPOSES TO BE FURTHERED BY GF FOODS ARE SOCIAL AND ECONOMIC JUSTICE AND IT SEEKS TO CREATE MATERIAL POSITIVE IMPACT ON SOCIETY AND THE ENVIRONMENT, TAKEN AS A WHOLE, FROM THE BUSINESS AND OPERATIONS OF GF FOODS. IT WILL ALSO SERVE AS AN EDUCATIONAL TOOL TO BUILD AWARENESS OF THE FOUNDATION'S EXEMPT PURPOSES.Description1Txt
Expenses1$1,000,000Expenses1Amt
Total$1,000,000TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$3,205,595AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$3,205,595TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$3,205,595AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$48,084CashDeemedCharitableAmt
Net Vl Noncharitable Assets$3,157,511NetVlNoncharitableAssetsAmt
Minimum Investment Return$157,876MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Sect4942j3j5 Fndtn And Frgn OrgYes (X)Sect4942j3j5FndtnAndFrgnOrgInd

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$13,661,540ExpensesAndContributionsAmt
Program Related Invst Total$1,000,000ProgramRelatedInvstTotalAmt
Qualifying Distributions$14,661,540QualifyingDistributionsAmt

Private Operating Foundations PrivateOperatingFoundationsGrp

FieldValueIRS element (for citing)
Private Operating Fndtn Ruling2011-04-19PrivateOperatingFndtnRulingDt
Section4942j3Yes (X)Section4942j3Ind

Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp

FieldValueIRS element (for citing)
Current Year$0CurrentYearAmt
Year1$0Year1Amt
Year2$0Year2Amt
Year3$0Year3Amt
Total$0TotalAmt

Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp

FieldValueIRS element (for citing)
Current Year$0CurrentYearAmt
Year1$0Year1Amt
Year2$0Year2Amt
Year3$0Year3Amt
Total$0TotalAmt

Qualifying Distributions QualifyingDistributionsGrp

FieldValueIRS element (for citing)
Current Year$14,661,540CurrentYearAmt
Year1$14,206,767Year1Amt
Year2$12,875,499Year2Amt
Year3$10,565,909Year3Amt
Total$52,309,715TotalAmt

Qualifying Distri Not Used Drt QualifyingDistriNotUsedDrtGrp

FieldValueIRS element (for citing)
Current Year$236,073CurrentYearAmt
Year1$25,000Year1Amt
Year2$50,000Year2Amt
Year3$50,000Year3Amt
Total$361,073TotalAmt

Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp

FieldValueIRS element (for citing)
Current Year$14,425,467CurrentYearAmt
Year1$14,181,767Year1Amt
Year2$12,825,499Year2Amt
Year3$10,515,909Year3Amt
Total$51,948,642TotalAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
Current Year$124,677,973CurrentYearAmt
Year1$123,130,033Year1Amt
Year2$126,230,453Year2Amt
Year3$127,278,874Year3Amt
Total$501,317,333TotalAmt

Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp

FieldValueIRS element (for citing)
Current Year$120,736,735CurrentYearAmt
Year1$121,323,100Year1Amt
Year2$123,037,481Year2Amt
Year3$126,395,407Year3Amt
Total$491,492,723TotalAmt

Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Support TotalSupportGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Public Support Type PublicSupportType

FieldValueIRS element (for citing)
Total$0TotalAmt

Largest Support From EO LargestSupportFromEOGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Gross Investment Income GrossInvestmentIncomeGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerSHARON PRINCEContributingManagerNm
Contributing ManagerROBERT PRINCEContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (6 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtAddress Line1RecipientForeignAddress/AddressLine1TxtAddress Line2RecipientForeignAddress/AddressLine2TxtCityRecipientForeignAddress/CityNmCountryRecipientForeignAddress/CountryCdForeign PostalRecipientForeignAddress/ForeignPostalCd
YALE CENTER FOR FAITH AND CULTURE
409 PROSPECT STREETNEW HAVENCT06511N/APCTO SUPPORT THE YALE CENTER FOR FAITH AND CULTURE'S GENERAL CHARITABLE AND EDUCATIONAL PROGRAMS.$100,000
YALE CENTER FOR ECOSYSTEMS ARCHITECTURE YALE SCHOOL OF ARCHITECTURE
180 YORK STREETNEW HAVENCT06511N/APCTO SUPPORT BIOMATERIALS RESEARCH AT YALE CEA.$55,000
AFRICA TRANSFORMATIONAL INITIATIVE
N/APCGFF AFRICA DISSOLUTION CONTRIBUTION TO LOCAL SUCCEEDING NGO.$28,073VIVA TOWERS 207 ALI HASSAN MWINYIRDDAR ES SALAAMTZ78835
CENTER FOR INNOVATION
9 PIER THE EMBARCADERO SUITE 107SAN FRANCISCOCA94111N/APCTO SUPPORT DESIGN AND CONSTRUCTION EXPERTS WHO ARE CONTRIBUTING TO RECONSTRUCTION EFFORTS IN UKRAINE.$25,000
BLACK ARTISTS DESIGNERS GUILD INC
362 HALSEY STREETBROOKLYNNY112162412N/APCTO SUPPORT THE GUILD'S WORK TO DESIGN/BUILD THE NEW PROJECT: "THE UNDERGROUND LIBRARY: AN ARCHIVE OF OUR TRUTH."$25,000
LAGUNA ART MUSEUM
307 CLIFF DRIVELAGUNA BEACHCA92651N/APCTO PROVIDE SUPPORT FOR AN EVENT THAT RAISED LOCAL AWARENESS FOR DESIGN FOR FREEDOM.$3,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$236,073TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$105,535ExclusionAmt

Gross Profit Loss Sls Of Invntry GrossProfitLossSlsOfInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$665,902ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$0UnrelatedBusinessTaxblIncmAmt
Exclusion$771,437ExclusionAmt
Related Or Exempt Function Incm$0RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$771,437TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO0TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO0TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO0PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets0RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements0ReimbursementArrangementsInd
Loans Or Loan Guarantees0LoansOrLoanGuaranteesInd
Performance Of Services Etc0PerformanceOfServicesEtcInd
Sharing Of Facilities Etc0SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO0RelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp (31 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtPerson ContributionPersonContributionInd
FIDELITY CHARITABLE
1PO BOX 770001CINCINNATIOH452770053$11,200,000Yes (X)
JP MORGAN CHARITABLE GIVING FUND
2165 TOWNSHIP LINE ROAD SUITE 1200JENKINTOWNPA19046$6,000,000Yes (X)
SHARON AND ROBERT PRINCE
3365 LUKES WOOD ROADNEW CANAANCT06840$50,000Yes (X)
303 GALLERY
4555 WEST 21ST STREETNEW YORKNY10011$31,900Yes (X)
ASSA ABLOY
5SARGENT DRNEW HAVENCT06511$29,606Yes (X)
DAVID BARBER
6FANCHER ROADPOUND RIDGENY10576$17,990Yes (X)
CARLSON FAMILY FOUNDATION
71610 SKYE DRIVECHAPEL HILLNC27516$20,000Yes (X)
JANE MUSKY AND TONY GOLDWYN
8SISCOWIT ROADPOUND RIDGENY10576$15,000Yes (X)
EXTRAVEGA NEW YORK LLC
9350 FIFTH AVENUE FLOOR 59NEW YORKNY10118$10,550Yes (X)
VANI AND SETH BIRNBAUM
10OLD HILL ROADWESTPORTCT06880$9,950Yes (X)
TURNER CONSTRUCTION
1150 WATERVIEW DRIVE SUITE 220SHELTONCT06484$9,900Yes (X)
CPG ARCHITECTS
12ONE DOCK STREETSTAMFORDCT06902$9,750Yes (X)
HKS INC
13125 S CLARK STCHICAGOIL60603$9,750Yes (X)
KAY AND JOSEPH CIOFFI
14BALD HILL ROADNEW CANAANCT06840$9,400Yes (X)
HAYES AND JAMES SLADE
15CHAMBERS ST 5TH FLOORNEW YORKNY10007$8,200Yes (X)
SARA AND BRET WIENER
16BROADVIEW ROADWESTPORTCT06880$8,125Yes (X)
ALICE MAHONEY
17PO BOX 1104NEW CANAANCT06840$7,900Yes (X)
ANGELA MWANZA AND TODD BLANKE
18365 LUKES WOOD ROADNEW CANAANCT06840$7,900Yes (X)
JPMORGAN PRIVATE BANK
19480 WASHINGTON BLVDJERSEY CITYNJ07310$7,900Yes (X)
JEANETTE AND MICHAEL CHEN
20365 LUKES WOOD ROADNEW CANAANCT06840$7,900Yes (X)
MARCUM LLP
215959 ROCKSIDE WOODS BLVD N SUITE 60CLEVELANDOH44131$7,900Yes (X)
RACHEL AND DAVID GORDON
22ONE NYALA FARMS ROADWESTPORTCT06880$7,900Yes (X)
ROCKEFELLER GLOBAL FAMILY OFFICE
2345 ROCKEFELLER PLAZANEW YORKNY10111$7,900Yes (X)
SCIAME CONSTRUCTION LLC
2451 JAY STREET 1PBROOKLYNNY11201$7,900Yes (X)
SHOP ARCHITECTS
25233 BROADWAY 11TH FLOORNEW YORKNY10279$7,900Yes (X)
ERIC YARBOI
26ONE NYALA FARMS ROADWESTPORTCT06880$7,200Yes (X)
JANE AND PETER HUNSINGER
27365 LUKES WOOD ROADNEW CANAANCT06840$6,394Yes (X)
HOLLAND & KNIGHT
28TRESSER BLVDSTAMFORDCT06901$5,200Yes (X)
GRACE COMMUNITY CHURCH
29134 MAIN STREET 2ND FLOORNEW CANAANCT06840$5,000Yes (X)
NUCOR
301915 REXFORD RDCHARLOTTENC28211$5,000Yes (X)
SHARON AND BRUCE BOTTOMLEY
31LOST DISTRICT DRIVENEW CANAANCT06840$5,000Yes (X)

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryGRANT THORNTONCategoryTxt
Amt$122,805Amt
Net Investment Income$6,140NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$116,593DisbursementsCharitablePrpsAmt

Depreciation Schedule DepreciationSchedule

Depreciation Property DepreciationPropertyGrp (8 entries)

PropertyPropertyDescCost Or Other BasisCostOrOtherBasisAmtPrior Year DepreciationPriorYearDepreciationAmtComputation MethodComputationMethodTxtRtRtCurrent Year ExpenseCurrentYearExpenseAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmt
BUILDINGS$91,310,645$14,089,299VAR0.000000000000$1,693,691$0$0
LAND$38,540,793VAR0.000000000000$0$0$0
LAND IMPROVEMENTS$309,618$109,229VAR0.000000000000$24,183$0$0
FURNITURE AND FIXTURES$3,868,751$3,100,053VAR0.000000000000$120,050$0$0
WEBSITES, COMPUTER SOFTWARE$3,791,393$2,088,397VAR0.000000000000$358,820$0$0
AUTOS$59,581$29,725VAR0.000000000000$5,609$0$0
COMPUTER AND EQUIPMENT$1,766,814$1,524,805VAR0.000000000000$67,135$0$0
ARTWORK$1,162,360VAR0.000000000000$0$0$0

Expenditure Responsibility Stmt ExpenditureResponsibilityStmt

Expenditure Responsibility ExpenditureResponsibilityGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdGrantGrantDtGrantGrantAmtPurpose Of GrantPurposeOfGrantTxtExpended By GranteeExpendedByGranteeAmtAny Diversion By GranteeAnyDiversionByGranteeTxtDates Of Reports By GranteeDatesOfReportsByGranteeTxtVerificationVerificationDtResults Of VerificationResultsOfVerificationTxtAddress Line1ForeignAddress/AddressLine1TxtAddress Line2ForeignAddress/AddressLine2TxtCityForeignAddress/CityNmCountryForeignAddress/CountryCdForeign PostalForeignAddress/ForeignPostalCd
GRACE FARMS FOODS LLC
24 EAST AVENUE NO 302NEW CANAANCT068402024-12-31$1,000,000CAPITAL CONTRIBUTION TO GRACE FARMS FOODS TO ADVANCE THE MISSION AND EXEMPT PURPOSES OF THE FOUNDATION, INCLUDING BUT NOT LIMITED TO DEMONSTRATING AND ADVOCATING FOR TRANSPARENT SUPPLY CHAINS, DEMONSTRATING ENVIRONMENTAL STEWARDSHIP, SUPPORTING FEMALE AND DIVERSE ARTISTS AND ENTREPRENEURS, AND FOSTERING COMMUNITY. THE SPECIFIC EXEMPT PURPOSES TO BE FURTHERED BY GF FOODS ARE SOCIAL AND ECONOMIC JUSTICE AND IT SEEKS TO CREATE MATERIAL POSITIVE IMPACT ON SOCIETY AND THE ENVIRONMENT, TAKEN AS A WHOLE, FROM THE BUSINESS AND OPERATIONS OF GF FOODS. IT WILL ALSO SERVE AS AN EDUCATIONAL TOOL TO BUILD AWARENESS OF THE FOUNDATION'S EXEMPT PURPOSES.$0NOVARIOUS2024-12-31THE FOUNDATION HAS REVIEWED THE GRANTEE'S REPORTS AND THERE HAS NOT BEEN ANY REASON TO DOUBT THEIR ACCURACY OR RELIABILITY.
AFRICA TRANSFORMATIONAL INITIATIVE
2024-12-31$28,973GFF AFRICA DISSOLUTION CONTRIBUTION TO LOCAL SUCCEEDING NGO$0NOVARIOUS2024-12-31THE FOUNDATION HAS REVIEWED THE GRANTEE'S REPORTS AND THERE HAS NOT BEEN ANY REASON TO DOUBT THEIR ACCURACY OR RELIABILITY.VIVA TOWERS 207 ALI HASSAN MWINYIRDDAR ES SALAAMTZ78835

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanationGrp

FieldValueIRS element (for citing)
Form And Line ReferencePART VIII-A - SUMMARY OF DIRECT CHARITABLE ACTIVITIESFormAndLineReferenceDesc
Medium ExplanationGRACE FARMS FOUNDATION, INC. (THE "FOUNDATION"), FORMED IN THE STATE OF DELAWARE IN DECEMBER 2009, IS A NONPROFIT ORGANIZATION EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("IRC").OUR WORKGRACE FARMS IS A CULTURAL AND HUMANITARIAN INSTITUTION LOCATED IN NEW CANAAN, CONNECTICUT. WE BRING PEOPLE TOGETHER TO EXPERIENCE NATURE, ENCOUNTER THE ARTS, PURSUE JUSTICE, FOSTER COMMUNITY, AND EXPLORE FAITH. COMPRISING NEARLY 80 ACRES OF NATURAL LANDSCAPES AND FEATURING THE ARCHITECTURALLY SIGNIFICANT RIVER BUILDING, DESIGNED BY AWARD-WINNING ARCHITECTURE FIRM SANAA, GRACE FARMS IS OPEN (AT NO COST) TO THE PUBLIC SIX DAYS A WEEK FOR INDOOR AND OUTDOOR PROGRAMS ENJOYED BY INTERGENERATIONAL AUDIENCES. THESE PROGRAMS INCLUDE NATURE TOURS OF GRACE FARMS' DIVERSE LANDSCAPES, COMPRISED OF MEADOWS, WOODLANDS AND WETLANDS; ARCHITECTURE AND SUSTAINABILITY TOURS; PERFORMANCES, INCLUDING THOSE THAT FEATURE AWARD-WINNING MUSICIANS AND OTHER ARTISTS; LECTURES AND DISCUSSIONS; PICNICS FOR THE COMMUNITY; AND YEAR-ROUND EDUCATIONAL AND RECREATIONAL ACTIVITIES. SOME VISITORS ENJOY THE PROPERTY OF THEIR OWN INITIATIVE, TAKING A QUIET WALK, READING IN THE LIBRARY OR ENJOYING A MEAL IN THE COMMONS.THE RIVER BUILDING, WITH ITS FIVE TRANSPARENT VOLUMES, INCLUDES ABUNDANT COMMUNAL SPACES AND 360-DEGREE VIEWS OF THE LANDSCAPE. IT HAS BECOME WIDELY RECOGNIZED AS AN IDEAL ENVIRONMENT AND PLATFORM FOR LEADERS AND CHANGEMAKERS TO WORK ON SOME OF OUR MOST PRESSING HUMANITARIAN CHALLENGES AND TO ADVANCE GOOD LOCALLY AND GLOBALLY.OUR FIVE INITIATIVESTHE MISSION OF GRACE FARMS FOUNDATION IS BASED ON FIVE INITIATIVES:NATURE: WE FACILITATE THE STEWARDSHIP OF OUR NATURAL WORLD THROUGH RESTORATION, EXPLORATION, AND PRESERVATION. THROUGH THE PROTECTION OF THE OPEN MEADOWS, WOODS, VITAL WETLANDS, AND PONDS ON OUR SITE, AND MULTIGENERATIONAL PROGRAMMING, WE ENCOURAGE GUESTS TO EXPERIENCE THE AWE AND WONDER OF NATURE AND EMBRACE STEWARDSHIP OF THE NATURAL ENVIRONMENT - AND TO TAKE BACK TO THEIR OWN COMMUNITIES AND PROPERTIES THE SAME PRESERVATION AND RESPONSIBLE PRACTICES. IN 2024, MORE THAN 2,000 PEOPLE PARTICIPATED IN OUR NATURE PROGRAMMING, A HIGHLIGHT OF WHICH IS OUR LIVING CLASSROOM SERIES, WHICH TEACHES PEOPLE ABOUT ECOSYSTEMS AND OUR ROLE IN STEWARDING THEM. ARTS: WE BELIEVE THAT ART GENERATES NEW PERSPECTIVES, ENHANCES OUR SENSE OF BEAUTY, AND FOSTERS THE POTENTIAL FOR INDIVIDUAL AND SOCIAL TRANSFORMATION. AT GRACE FARMS, THE ARTS ARE DESIGNED TO DEEPEN EACH PERSON'S PROFOUND CONNECTION TO COMMUNITY, ARCHITECTURE, AND LANDSCAPE WITHIN OUR 80-ACRE SITE. WE PRESENT AND COMMISSION WORKS WITH INDIVIDUAL ARTISTS WHILE ALSO COLLABORATING WITH THE ARTS SECTOR TO ADVANCE HUMANITARIAN CAUSES. SINCE GRACE FARMS' FOUNDING IN 2015, MORE THAN 300 VISUAL, PERFORMING, AND LITERARY ARTISTS HAVE PRESENTED TO AUDIENCES HERE. THIS PAST YEAR, WE CONTINUED TO EXPLORE DIFFERENT MUSICAL TRADITIONS FROM AROUND THE WORLD, OFFERING EXCEPTIONAL MUSICAL PROGRAMMING AND EXPERIENCES THAT WERE ENJOYED BY MORE THAN 5,100 PEOPLE. IN ADDITION, OUR LONG-STANDING OPEN ARTS STUDIO WELCOMED 2,600 CHILDREN AND THEIR CAREGIVERS TO PLAY AND CREATE, EXPERIMENTING WITH SENSORY-RICH MATERIALS AND DIFFERENT MODES OF ARTMAKING THAT RESPOND TO THE RIVER BUILDING AND GRACE FARMS' NATURAL LANDSCAPE AS A SOURCE OF INSPIRATION. JUSTICE: OUR COMMITMENT TO JUSTICE IS BASED ON THE INHERENT RIGHT OF LIBERTY AND EQUALITY FOR ALL. IN 2020, WE LAUNCHED DESIGN FOR FREEDOM, A GLOBAL MOVEMENT TO CREATE MARKET TRANSFORMATION TO REMOVE FORCED LABOR FROM THE BUILDING MATERIALS SUPPLY CHAIN. IN 2024, THE IMPACT OF DESIGN FOR FREEDOM GREW FURTHER WITH THE ANNOUNCEMENT OF FIVE NEW PILOT PROJECTS. THESE PROJECTS BOLDLY MODEL MORE TRANSPARENT AND ETHICAL SUPPLY CHAINS. THERE ARE NOW 12 SUCH PILOT PROJECTS ACROSS THREE CONTINENTS, AND MORE THAN ONE MILLION PEOPLE HAVE VISITED OR EXPERIENCED DESIGN FOR FREEDOM PILOT PROJECTS SINCE THE PROGRAM WAS LAUNCHED IN 2022. THE FOURTH ANNUAL DESIGN FOR FREEDOM SUMMIT, HELD ON THE GROUNDS OF GRACE FARMS IN MARCH 2024, GALVANIZED MORE THAN 500 LEADERS, ALONGSIDE MORE THAN 75 STUDENTS FROM 30 UNIVERSITIES, TO COME TOGETHER, SHARE THEIR IDEAS AND EXPERTISE, AND REAFFIRM THEIR COMMITMENT TO ADVANCING THIS WORK. GRACE FARMS TEA & COFFEEGRACE FARMS TEA & COFFEE ADVANCES THE FOUNDATION'S JUSTICE INITIATIVE AND OVERALL HUMANITARIAN MISSION BY INCREASING TRANSPARENCY AND ACCOUNTABILITY ACROSS GLOBAL SUPPLY CHAINS. A CERTIFIED B CORPORATION, GRACE FARMS TEA & COFFEE DIRECTS 100% OF ITS PROFITS TO SUPPORT DESIGN FOR FREEDOM. IT IS THE FIRST U.S.-BASED PREMIUM TEA BRAND TO PARTNER WITH FAIRTRADE INTERNATIONAL AND THE ONLY ONE THAT GIVES BACK ALL PROFITS TO ENDING FORCED AND CHILD LABOR WORLDWIDE. ITS COFFEE IS EXCLUSIVELY SOURCED FROM WOMEN-LED COOPERATIVES IN INDONESIA, ETHIOPIA, AND COLOMBIA, EXPANDING ECONOMIC OPPORTUNITY FOR WOMEN FARMERS AND THEIR COMMUNITIES.IN 2024, TEA & COFFEE EXPANDED ITS PRESENCE NATIONALLY WITH THE LAUNCH OF GRACE FARMS TEAS IN SEVERAL WHOLE FOODS MARKET'S STORES AND GREW ITS CORPORATE PARTNERSHIP PROGRAM WITH MORE THAN 20 LEADING ORGANIZATIONS, INCLUDING MAJOR FINANCIAL INSTITUTIONS AND HOSPITALITY GROUPS. THE T&C TEAM ALSO CONDUCTED FIRST-PARTY FIELD AUDITS AND IMPACT ASSESSMENTS AT THE KETIARA COFFEE COOPERATIVE IN SUMATRA, INDONESIA, EXPLORING NEW COMMUNITY-BASED PROJECTS THAT EXTEND IMPACT BEYOND FAIRTRADE PREMIUMS. THROUGH THESE INITIATIVES, GRACE FARMS TEA & COFFEE CONTINUES TO EDUCATE CONSUMERS AND GLOBAL ORGANIZATIONS ABOUT THE INTERSECTIONS OF ETHICAL SOURCING, DESIGN, AND HUMAN DIGNITY.COMMUNITY: GRACE FARMS PROVIDES A WARM, WELCOMING ENVIRONMENT THAT FOSTERS MEANINGFUL COMMUNITY AND ENGAGEMENT AMONG DIVERSE GROUPS OF PEOPLE. OUR COMMUNITY INITIATIVE CREATES PROXIMITIES TO INDIVIDUALS AND ORGANIZATIONS WITH DIFFERENT PERSPECTIVES TO ADVANCE NEW WAYS OF THINKING, IGNITE PARTNERSHIPS, AND CATALYZE NEW OUTCOMES THAT CAN LEAD TOWARD SUSTAINED SOCIAL IMPACT TO ADVANCE GOOD IN THE WORLD. GRACE FARMS ALSO FOSTERS COMMUNITY THROUGH THE FOUNDATION'S SPACE GRANT PROGRAM, WHICH OFFERS FREE ACCESS TO DEDICATED FACILITIES AT GRACE FARMS TO NONPROFITS, SCHOOL GROUPS, AND LOCAL GOVERNMENT AGENCIES. DRAWING TOGETHER DIVERSE COMMUNITIES AND OPENING LINES OF COMMUNICATION ACROSS BARRIERS, USE OF OUR RESTORATIVE AND HOPEFUL SPACES EXPANDS POSSIBILITIES AND INSPIRES NEW IDEAS. BEYOND THE USE OF PHYSICAL SPACE, EACH GRANTEE IS SUPPORTED BY THE FOUNDATION'S EXCEPTIONAL TEAM AND DESIGNATED EVENT LEAD, WHO FACILITATE THE COORDINATION OF CULINARY, EDUCATION, PRODUCTION, HOSPITALITY, AND GUEST EXPERIENCES. UNDER THIS GUIDANCE, GRANTEES IN SOME CASES THROUGH MULTIPLE INSTANCES EACH YEAR HOST BOARD MEETINGS, STAFF RETREATS, WORKSHOPS, PANEL DISCUSSIONS, AND EDUCATIONAL ACTIVITIES. IN 2024, GRACE FARMS HOSTED 39 SPACE GRANTS RECIPIENTS, TOTALING MORE THAN 94 EVENTS, FROM ORGANIZATIONS ACROSS MANY AREAS OF NON-PROFIT WORK, SUCH AS: ABILIS, THE NATURE CONSERVANCY, THE BROOKLYN CHILDREN'S MUSEUM, THE TRUSTEES OF COLUMBIA UNIVERSITY, AND THE TOWN OF NEW CANAAN. FURTHER, 604 STUDENTS AND EDUCATORS VISITED GRACE FARMS, WHERE OUR EDUCATION TEAM HOSTED GROUPS FROM 18 AREA SCHOOLS. IN ADDITION, GRACE FARMS' ONGOING FOOD RELIEF PROGRAM CONTINUED TO GIVE BACK TO COMMUNITY MEMBERS IN NEED. SINCE LAUNCHING THE PROGRAM IN 2020, GRACE FARMS HAS PROVIDED TENS OF THOUSANDS OF NUTRITIOUS MEALS TO OUR FOOD RELIEF PARTNERS WHO PROVIDE FOR THOSE WHO ARE FOOD INSECURE. FAITH: WE OFFER THE REFLECTIVE SPACE OF GRACE FARMS AND OPPORTUNITIES FOR DIALOGUE TO EXPLORE THE NATURE OF FLOURISHING AND PURPOSEFUL LIFE. IN PURSUIT OF MORE GRACE AND PEACE IN THE WORLD, WE BRING TOGETHER LEADERS AND EDUCATORS FOR WORKSHOPS TO ENGAGE WITH THE WORLD'S ANCIENT AND MODERN PHILOSOPHIES, BELIEFS, AND FAITHS. IN 2024, GRACE FARMS BROUGHT TOGETHER FAITH LEADERS AND THE COMMUNITY FOR A DISCUSSION TO EXPLORE HOW FAITH CAN PLAY A PIVOTAL ROLE IN MENDING DIVIDES IN OUR COMMUNITIES.IN ADDITION, EACH YEAR, DURING OUR SEASON OF LIGHT PROGRAMMING, WE OFFER A PEACEFUL RESPITE FOR PEOPLE OF ALL AGES AND BACKGROUNDS. IT'S A CELEBRATION OF COMMUNITY AND GIVING, WHERE GRACE FARMS OFFERS OPPORTUNITIES TO EXPERIENCE MOMENTS OF JOY, FESTIVITY, AND COMMUNITY. WE INVITE THE COMMUNITY TO GATHER TO ASSEMBLE HUNDREDS OF CARE PACKAGES AND WRITE CARDS IN SUPPORT OF FILLING IN THE BLANKS DURING OUR ANNUAL GIFTING FOR GOOD. WE ALSO INVITE THE PUBLIC TO OUR SONGS OF THE SEASON PROGRAMMING, OUR FREE, POPULAR MUSIC SERIES THAT CREATES A SPACE TO EXPERIENCE MOMENTS OF PEACE AND REFLECTION THROUGH SEASON.THESE INITIATIVES AND OUTCOMES ADVANCE GRACE FARMS FOUNDATION'S MISSION TO FOSTER MORE GRACE AND PEACE LOCALLY AND AROUND THE WORLD.MediumExplanationTxt

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp (9 entries)

Category Or ItemCategoryOrItemTxtCost Or Other BasisCostOrOtherBasisAmtAccumulated DepreciationAccumulatedDepreciationAmtBook ValueBookValueAmtEOYFMVEOYFMVAmt
BUILDING$90,644,071$15,669,716$74,974,355$74,974,355
BUILDING IMPROVEMENTS$666,574$113,275$553,299$553,299
LAND$38,540,793$0$38,540,793$38,540,793
LAND IMPROVEMENTS$309,618$133,413$176,205$176,205
FURNITURE AND FIXTURES$3,868,751$3,218,986$649,765$649,765
WEBSITE, COMPUTER SOFTWARE$3,791,393$2,447,218$1,344,175$1,344,175
AUTOS$59,581$36,450$23,131$23,131
COMPUTER AND EQUIPMENT$1,766,814$1,591,938$174,876$174,876
ARTWORK$1,162,360$0$1,162,360$1,162,360

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp (6 entries)

CategoryCategoryTxtLegal FeesLegalFeesAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
DAY PITNEY LLP$26,790$0$0$26,790
DISERIO MARTIN$2,824$0$0$2,824
HOLLAND & KNIGHT LLP$18,578$0$0$22,865
JACKSON LEWIS PC$1,484$0$0$3,307
PATTERSON BELKAP WEBB & TYLER LLC$8,749$0$0$8,749
ROBINSON + COLE$100,747$0$0$100,747

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (2 entries)

DescDescBOY Book ValueBOYBookValueAmtEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
PROGRAM-RELATED INVESTMENTS - INTEREST IN GRACE FARMS FOODS LLC$2,129,775$3,137,775$3,137,775
OTHER ASSETS$29,037$1,873,167$1,873,167

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (10 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
EXPENSED EQUIPMENT AND SERVICES$516,604$0$0$516,604
REPAIRS AND MAINTENANCE$416,846$0$0$416,846
ADMIN AND GENERAL$86,360$0$0$86,360
CREDIT CARD FEES$46,083$0$0$46,083
CT RELIEF FOOD PROGRAM$25,130$0$0$25,130
RECRUITING & STAFFING$20,690$0$0$20,690
OTHER PROGRAM-RELATED EXPENSES$18,369$0$0$18,369
FILING & OTHER FEES$11,095$0$0$11,095
BANK FEES$830$0$0$830
PR DATA PROCESSING FEE$556$0$0$556

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescCHANGE IN VALUE OF GRACE FARMS FOODS LLCDesc
Amt$64,869Amt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
SECURITY SERVICES$778,655$0$0$825,685
OUTSIDE SERVICES$584,917$0$0$556,918
COMMUNICATIONS SERVICES$180,000$0$0$180,000

Transfers Frm Controlled Entities TransfersFrmControlledEntities

Transfers From Controlled Ent TransfersFromControlledEntGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINDescDescAmtAmtAddress Line1ForeignAddress/AddressLine1TxtCountryForeignAddress/CountryCd
GRACE FARMS FOODS LLC
24 EAST AVENUE NO 302NEW CANAANCT06840851731637NONE$1,000,000
GRACE FARMS FOUNDATION AFRICA
000000000NONE$0443 DAR ES SALAAMTZ
FieldValueIRS element (for citing)
Total$0TotalAmt

Transfers To Controlled Entities TransfersToControlledEntities

Transfers To Controlled Ent TransfersToControlledEntGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINDescDescAmtAmtAddress Line1ForeignAddress/AddressLine1TxtCountryForeignAddress/CountryCd
GRACE FARMS FOODS LLC
24 EAST AVENUE NO 302NEW CANAANCT06840851731637CAPITAL CONTRIBUTION TO FUND CHARITABLE PROGRAMS$1,000,000
GRACE FARMS FOUNDATION AFRICA
000000000NONE$0443 DAR ES SALAAMTZ
FieldValueIRS element (for citing)
Total$1,000,000TotalAmt

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