Private foundation (trust)EIN 113237003Est. 1995-03

Ace Foundation Inc

Brooklyn, NY 11204

Total Assets

$18.3M

FY 2023

Annual Giving

$878K

FY 2023

Grants Made

1

FY 2023

Avg Grant

$878K

FY 2023

Grant Range

$878K–$878K

Typical

Deadlines

Applications

Focus Areas

Public Foundations

Financial Snapshot

2023 filing

Total Revenue

$536K

Total Expenses

$886K

Qualifying Distributions

$878K

Distributable Amount

$911K

Min. Investment Return

$911K

Payout rate 96%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.96%

Payout rate

Qualifying distributions as a share of distributable amount.

Giving Over Time

6 years

Giving over time from 2017 to 2023. Peak $4.7M in 2019. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

6 grants

Statement 9
$7.9M
2 grants
Statement 7
$5.0M
3 grants
Statement 8
$1.0M
1 grant

Grant Size Distribution

6 grants

<$10K
$10–50K
$50–250K
$250K–1M
1
grants
$1–5M
5
grants
$5M+

Geographic Focus

1 states

New York
$14.0M
100% of total

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Ace Foundation Inc — Grants, Financials & Contact | Grantivo