| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| GRANT THORNTON LLP | 91,012 | 0 | 0 | 85,387 |
| Description of Property | Date Acquired | Cost or Other Basis | Prior Years' Depreciation | Computation Method | Rate / Life (# of years) |
Current Year's Depreciation Expense | Net Investment Income | Adjusted Net Income | Cost of Goods Sold Not Included |
|---|---|---|---|---|---|---|---|---|---|
| BUILDINGS | 91,113,150 | 10,709,989 | VAR | 0 % | 1,685,620 | 0 | 0 | ||
| LAND | 39,460,567 | VAR | 0 % | 0 | 0 | 0 | |||
| LAND IMPROVEMENTS | 252,653 | 68,457 | VAR | 0 % | 20,386 | 0 | 0 | ||
| FURNITURE AND FIXTURES | 4,567,813 | 2,571,278 | VAR | 0 % | 397,089 | 0 | 0 | ||
| WEBSITES, COMPUTER SOFTWARE | 3,807,910 | 1,381,758 | VAR | 0 % | 346,582 | 0 | 0 | ||
| AUTOS | 59,581 | 19,624 | VAR | 0 % | 5,609 | 0 | 0 | ||
| COMPUTER AND EQUIPMENT | 1,603,382 | 1,425,746 | VAR | 0 % | 46,747 | 0 | 0 |
| Identifier | Return Reference | Explanation |
|---|---|---|
| PART VIII-A - SUMMARY OF DIRECT CHARITABLE ACTIVITIES | GRACE FARMS FOUNDATION, INC. (THE "FOUNDATION"), FORMED IN THE STATE OF DELAWARE IN DECEMBER 2009, IS A NOT-FOR-PROFIT ORGANIZATION EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("IRC").OUR WORKGRACE FARMS IS A CENTER FOR CULTURE AND COLLABORATION IN NEW CANAAN, CONNECTICUT. WE BRING TOGETHER PEOPLE ACROSS SECTORS TO EXPERIENCE NATURE, ENCOUNTER THE ARTS, PURSUE JUSTICE, FOSTER COMMUNITY, AND EXPLORE FAITH. COMPRISING NEARLY 80 ACRES OF NATURAL LANDSCAPES AND SPACIOUS BUILDINGS -- MOST NOTABLE OF THEM IS THE SANAA-DESIGNED RIVER BUILDING -- GRACE FARMS IS OPEN (AT NO COST) TO THE PUBLIC SIX DAYS A WEEK FOR INDOOR AND OUTDOOR ACTIVITIES FOR INTERGENERATIONAL AUDIENCES. THESE ACTIVITIES INCLUDE NATURE TOURS OF GRACE FARMS' DIVERSE LANDSCAPES, INCLUDING MEADOWS, WOODLANDS AND WETLANDS; ARCHITECTURE AND SUSTAINABILITY TOURS AND EDUCATION; EVENTS, INCLUDING THOSE THAT FEATURE AWARD-WINNING MUSICIANS AND OTHER PERFORMERS; LECTURES AND DISCUSSIONS; COMMUNITY DINNERS; AND YEAR-ROUND EDUCATIONAL AND RECREATIONAL ACTIVITIES.GRACE FARMS FEATURES THE ARCHITECTURALLY SIGNIFICANT RIVER BUILDING, WITH ITS TRANSPARENT VOLUMES, ABUNDANT COMMUNAL SPACES, AND 360-DEGREE VIEWS OF THE LANDSCAPE. IT HAS BECOME 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 5 INITIATIVESTHE MISSION OF GRACE FARMS FOUNDATION IS BASED ON 5 INITIATIVES:NATURE: THE FOUNDATION'S NATURE INITIATIVE FACILITATES THE STEWARDSHIP OF OUR NATURAL WORLD THROUGH RESTORATION, EXPLORATION, AND PRESERVATION, OFFERING MULTI-GENERATIONAL PROGRAMMING THAT EXPLORES OUR ENVIRONMENT AND UNIVERSE, AND COLLABORATES TO PROTECT ENDANGERED SPECIES AND WILDLIFE, LOCALLY AND WORLDWIDE. POPULAR ONSITE PROGRAMS INCLUDE NATIVE MEADOW AND BIRD WALKS, ANIMAL ENCOUNTERS, AND ASTRONOMY PROGRAMS THAT INVITE VISITORS TO LEARN MORE ABOUT THE WORLD AROUND US.ARTS: THE ARTS INITIATIVE AT GRACE FARMS DEMONSTRATES OUR INTEGRATIVE VISION AND DYNAMIC INTERPLAY BETWEEN PEOPLE, ARCHITECTURE, AND LANDSCAPE. IT DEVELOPS AND PRESENTS NEW, COLLABORATIVE, SITE-RESPONSIVE PROGRAMMING AT THE INTERSECTION OF THE VISUAL, LITERARY, AND PERFORMING ARTS. CHILDREN AND ADULTS CAN ENCOUNTER THE ARTS TOGETHER IN OUR OPEN ARTS STUDIO, OVERSEEN BY OUR STAFF CURATORS, WHERE VISITORS OF ALL ABILITIES IN 2022 PARTICIPATED IN ART-MAKING THAT REFLECTS THE WORK OF GRACE FARMS AND IS INSPIRED BY OUR MISSION AND WORK.JUSTICE: OUR COMMITMENT TO THE JUSTICE INITIATIVE IS BASED ON THE INHERENT RIGHT OF LIBERTY AND EQUALITY FOR ALL. WE LEVERAGE THE LAW ENFORCEMENT EXPERTISE OF OUR STAFF; CAPACITY BUILDING ACROSS LOCAL, NATIONAL, AND GLOBAL JUSTICE SYSTEMS; AND OUR UNIQUE INTERDISCIPLINARY APPROACH. THIS COLLABORATIVE ENDEAVOR WORKS TO DISRUPT MODERN SLAVERY, GENDER-BASED VIOLENCE, AND ENVIRONMENTAL CRIMES. WE CARRY OUT THIS WORK IN PARTNERSHIP WITH GRACE FARMS FOUNDATION AFRICA, A NON-GOVERNMENTAL ORGANIZATION ESTABLISHED BY THE FOUNDATION IN 2021 IN TANZANIA TO ADDRESS HUMAN TRAFFICKING, GENDER-BASED VIOLENCE, AND ENVIRONMENTAL CRIMES, WHILE PROMOTING ENVIRONMENTAL CONSERVATION. IN 2022, IN PARTNERSHIP WITH UN WOMEN -- THE UN ORGANIZATION DELIVERING PROGRAMS, POLICIES AND STANDARDS THAT UPHOLD WOMEN'S HUMAN RIGHTS -- THE FOUNDATION'S JUSTICE INITIATIVE PRESENTED "VICTORY OVER VIOLENCE," WHERE 450 PEOPLE FROM 25 COUNTRIES PARTICIPATED IN SOLUTION-BASED DISCUSSIONS WITH ATHLETES, DOMESTIC VIOLENCE SURVIVORS, LAW ENFORCEMENT OFFICIALS, AND POLICY MAKERS. COMMUNITY: THROUGH OUR COMMUNITY INITIATIVE WE ENGAGE DIVERSE AUDIENCES WITH THE GOAL OF CATALYZING NEW WAYS OF THINKING ABOUT SOME OF THE MOST PRESSING HUMANITARIAN ISSUES OF OUR TIME. WE FOSTER INCLUSIVE COMMUNITIES THAT ARE CIVIL AND FLOURISH, ALL WITH THE GOAL OF GENERATING THOUGHT AND ACTION TOWARD SUSTAINED SOCIAL IMPACT. IN 2022 GRACE FARMS WELCOMED VISITORS OF ALL AGES AND BACKGROUNDS. MANY GUESTS WERE LOCAL FREQUENT VISITORS; OTHERS HAILED FROM FARTHER AWAY IN THE TRI-STATE AREA AND EVEN OVERSEAS. THE FOUNDATION ALSO OFFERS SPACE GRANTS, WHICH PROVIDE FREE USAGE OF OUR MEETING VENUES TO LOCAL AND NATIONAL CHARITABLE ORGANIZATIONS, WHICH HELD THEIR OWN OUTREACH EVENTS ON OUR PROPERTY, HELPING THEM ACHIEVE THEIR MISSIONS AND OUTCOMES. IN 2022, THE FOUNDATION GRANTED SPACE VALUED AT MORE THAN $400,000. IN 2022, WE ALSO LAUNCHED INNOVATIVE PROGRAMS THAT ENGAGED K-12 STUDENTS WITH GRACE FARMS AND ITS ARCHITECTURE AND LANDSCAPES. WE WELCOMED 288 STUDENTS FROM EIGHT SCHOOLS TO REIMAGINE THE BUILT ENVIRONMENT AND COLLABORATE ON NEW OUTCOMES FOR A MORE ETHICAL AND SUSTAINABLE WORLD. TO DATE, GRACE FARMS ALSO MADE AND DELIVERED MORE THAN 140,000 DONATED MEALS THAT SERVED THE PRESSING NEEDS OF OUR LOCAL COMMUNITY. STARTED DURING THE PANDEMIC, THIS OUTREACH PROGRAM HAS MADE A MEASURABLE IMPACT IN COMMUNITIES THROUGH PARTNERSHIPS WITH LOCAL NONPROFIT ORGANIZATIONS.FAITH: WE OFFER OPPORTUNITIES FOR DIALOGUE AND REFLECTION TO EXPLORE THE NATURE OF FLOURISHING AND PURPOSEFUL LIFE THROUGH WORKSHOPS WITH VARIOUS FAITH LEADERS AND EDUCATORS ENGAGING WITH THE WORLD'S GREAT TRADITIONS. FOR EXAMPLE, IN 2022 WE WELCOMED EDUCATORS FOR THE LIFE WORTH LIVING WORKSHOP, MODERATED BY THE FOUNDATION'S FAITH INITIATIVE DIRECTOR, TO PRESENT WAYS TO HELP STUDENTS BECOME LEADERS AND FACILITATED CONVERSATIONS ON PURPOSE IN OUR LIVES. IN ADDITION, OUR FAITH INITIATIVE'S RIVER RETREAT, A SELF-DIRECTED EXPLORATION OF THE RIVER BUILDING THAT INSPIRES INSIGHTS ABOUT PRIORITIES, RELATIONSHIPS, AND VISIONS OF A LIFE WORTHY OF OUR SHARED HUMANITY, INSPIRED A SOCIAL-EMOTIONAL LEARNING SCHOOL VISIT PROGRAM, WHICH IS ONE OF OUR MOST SOUGHT-AFTER PROGRAMS. NEW OUTCOMESDESIGN FOR FREEDOM AS A GLOBAL MOVEMENT TO CREATE MARKET TRANSFORMATION TO REMOVE FORCED LABOR FROM THE BUILDING MATERIALS SUPPLY CHAIN, DESIGN FOR FREEDOM MOBILIZES THE FULL ECOSYSTEM OF THE BUILT ENVIRONMENT TO REIMAGINE ARCHITECTURE AS A DRIVER OF HUMANITARIAN OUTCOMES TO CREATE A MORE EQUITABLE FUTURE.IN 2022, THE FOUNDATION BROADENED AND ACCELERATED DESIGN FOR FREEDOM IN NEW AND IMPACTFUL WAYS. WE LAUNCHED THE FIRSTS-EVER DESIGN FOR FREEDOM SUMMIT (MORE BELOW) AND EARTH EQUITY AND DESIGN FOR FREEDOM LANDSCAPES FORUM. WE ALSO ANNOUNCED NEW GLOBAL "PILOT PROJECTS," WHERE THE FOUNDATION SERVES AS RESPONSIBLE MATERIALS ADVISOR, PARTNERING WITH THE CREATORS OF THESE PROJECTS TO RAISE AWARENESS OF FORCED LABOR IN THE BUILDING MATERIALS SUPPLY CHAIN AND TO DEMONSTRATE THAT IT IS POSSIBLE TO CREATE A MORE HUMANE BUILT ENVIRONMENT TOGETHER. SUCH PROJECTS IN 2022 INCLUDED: BLACK CHAPEL, THE 21ST SERPENTINE PAVILION, DESIGNED BY THEASTER GATES (LONDON U.K.); SHADOW OF A FACE, A MONUMENT TO HARRIET TUBMAN DESIGNED BY NINA COOKE JOHN (NEWARK, NJ); AND THE BRIJ, A NEW SERENDIPITY ARTS AND CULTURE CENTER (NEW DELHI, INDIA). IT IS ESTIMATED THAT MORE THAN ONE MILLION PEOPLE INTERACTED WITH THESE SITES IN 2022. EACH OF THESE PILOT PROJECTS ADOPTED DESIGN FOR FREEDOM PRINCIPLES, PRIORITIZING THE NOVEL ETHICAL PROCUREMENT AND DOCUMENTATION OF FAIR LABOR INPUTS OF A SELECTION OF HIGH-RISK BUILDING MATERIALS, SUCH AS TIMBER, STEEL, CONCRETE, AND TEXTILES.OTHER MAJOR MILESTONES INCLUDED THE INAUGURAL DESIGN FOR FREEDOM SUMMIT, HOSTED AT GRACE FARMS ON MARCH 31, 2022, WHICH BROUGHT TOGETHER SOME 300 LEADERS OF THE BUILT ENVIRONMENT ARCHITECTS, DESIGNERS, SUPPLIERS, BUILDERS, ENVIRONMENTALISTS AND GOVERNMENT OFFICIALS TO ADDRESS THE ISSUE OF FORCED LABOR IN THE BUILDING MATERIALS SUPPLY CHAIN. AT THE SUMMIT, WE RELEASED THE DESIGN FOR FREEDOM TOOLKIT, A COMPREHENSIVE RESOURCE THAT PROFESSIONALS CAN USE TO INTEGRATE ETHICAL AND SUSTAINABLE MATERIAL SOURCING STRATEGIES INTO THEIR WORK. WE ALSO FORGED COLLABORATIONS WITH MORE THAN TWO DOZEN COLLEGES AND UNIVERSITIES, AS WELL AS A NUMBER OF INDUSTRY ASSOCIATIONS AND CORPORATIONS NATIONALLY AND INTERNATIONALLY TO INTRODUCE DESIGN FOR FREEDOM TO CURRENT AND FUTURE LEADERS, RAISING AWARENESS OF THIS PRESSING HUMANITARIAN ISSUE AND CREATING INSTITUTIONAL RESPONSES. THE DESIGN FOR FREEDOM WORKING GROUP, A COLLABORATIVE, MISSION-DRIVEN COMMUNITY OF DESIGN AND CONSTRUCTION PROFESSIONALS LED BY FOUNDATION CEO SHARON PRINCE, HAS GROWN FROM A DOZEN IN 2018 TO 80 AT THE END OF 2022. IN RECOGNITION OF HER COMMITMENT TO THIS CAUSE, PRINCE WAS RECOGNIZED BY FAST COMPANY AS ONE OF ITS 56 MOST CREATIVE PEOPLE IN BUSINESS 2022, WHERE SHE WAS SINGLED OUT FOR "CLEANING UP CONSTRUCTION."GRACE FARMS FOODSDESIGN FOR FREEDOM IS JUST ONE COMPONENT OF OUR WORK TO INCREASE TRANSPARENCY INTO SUPPLY CHAINS. GRACE FARMS FOODS, A PUBLIC BENEFIT TAXABLE SUBSIDIARY THAT WAS DONATED TO THE FOUNDATION IN 2021, EDUCATES THE PUBLIC, THROUGH ITS ETHICALLY SOURCED TEAS AND COFFEE, ABOUT THE CHARITABLE PURPOSES OF GRACE FARMS FOUNDATION AND EMBODIES OUR HUMANITARIAN WORK THROUGH GRACE FARMS FOODS' PRODUCTS. IN 2022, GRACE FARMS FOODS BECAME A CERTIFIED B CORP. IT CONTINUES TO REGULARLY DEMONSTRATE WHAT GRACE FARMS FOUNDATION ADVOCATES FOR: ETHICAL AND SUSTAINABLE SUPPLY CHAINS, AND TO SPREAD AWARENESS ABOUT THE MISSION OF THE FOUNDATION AND, SPECIFICALLY, DESIGN FOR FREEDOM.THESE INITIATIVES AND OUTCOMES ADVANCE GRACE FARMS' MISSION TO FOSTER MORE GRACE AND PEACE LOCALLY AND GLOBALLY. | |
| SUBSEQUENT EVENTS | FORM 990-PF - GENERAL EXPLANATION | GRACE FARMS FOUNDATION, INC. HAS FILED A LETTER RULING REQUEST DATED NOVEMBER 14, 2022 WITH THE DEPUTY ASSOCIATE CHIEF COUNSEL (EXEMPT ORGANIZATIONS AND EMPLOYMENT TAXES) CONCERNING AN ISSUE IN THIS RETURN. THE FOUNDATION HAS NOT YET BEEN ASSIGNED A CONTROL NUMBER FOR THIS LETTER RULING REQUEST. |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| BUILDING | 91,113,150 | 12,395,609 | 78,717,541 | 78,717,541 |
| LAND | 39,460,567 | 0 | 39,460,567 | 39,460,567 |
| LAND IMPROVEMENTS | 252,653 | 88,843 | 163,810 | 163,808 |
| FURNITURE AND FIXTURES | 4,567,813 | 2,968,368 | 1,599,445 | 1,599,446 |
| WEBSITE, COMPUTER SOFTWARE | 3,807,910 | 1,728,340 | 2,079,570 | 2,079,570 |
| AUTOS | 59,581 | 25,232 | 34,349 | 34,349 |
| COMPUTER AND EQUIPMENT | 1,603,382 | 1,472,274 | 131,108 | 131,108 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| HOLLAND & KNIGHT LLP | 219,943 | 0 | 0 | 190,503 |
| ROBINSON + COLE | 188,206 | 0 | 0 | 163,460 |
| INTERNAL REVENUE SERVICE | 38,000 | 0 | 0 | 38,000 |
| DAY PITNEY LLP | 22,457 | 0 | 0 | 21,457 |
| KATHRYN BARRETT PARK | 13,625 | 0 | 0 | 22,100 |
| GREGORY AND ADAMS, P.C. | 5,715 | 0 | 0 | 5,715 |
| DAVISON ENVIRONMENTAL, LLC | 2,100 | 0 | 0 | 2,100 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| OTHER ASSETS | 12,792 | 12,792 | 12,792 |
| PROGRAM- RELATED INVESTMENTS - INTEREST IN G FARMS FOODS LLC | 1,841,147 | 851,092 | 851,092 |
| Description | Amount |
|---|---|
| UNREALIZED LOSSES ON INVESTMENTS | 30,148 |
| CHANGE IN INTEREST IN G FARMS FOODS LLC | 990,055 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROGRAM SERVICES | 825,742 | 0 | 0 | 830,146 |
| FUNDRAISING EXPENSES | 210,722 | 0 | 0 | 210,722 |
| INSURANCE | 193,832 | 0 | 0 | 193,832 |
| MARKETING & COMMUNICATIONS | 168,691 | 0 | 0 | 163,621 |
| OFFICE EXPENSES & SUPPLIES | 156,979 | 0 | 0 | 157,708 |
| RECRUITING EXPENSE | 57,084 | 0 | 0 | 57,084 |
| PROCESSING & FILING FEES | 39,569 | 162 | 0 | 39,526 |
| DIRECT CHARITABLE ACTIVITIES | 36,588 | 0 | 0 | 96,588 |
| EMPLOYEE TRAINING | 31,933 | 0 | 0 | 32,157 |
| DUES & SUBSCRIPTIONS | 13,716 | 0 | 0 | 13,716 |
| OTHER PROGRAM EXPENSES | 12,190 | 0 | 0 | 12,190 |
| MEMBERSHIP EXP | 10,640 | 0 | 0 | 10,640 |
| SHIPPING | 7,084 | 0 | 0 | 7,084 |
| SAFETY EXPENSES | 2,348 | 0 | 0 | 2,348 |
| POSTAGE | 1,821 | 0 | 0 | 1,821 |
| TOUR GUIDE FEES | 533 | 0 | 0 | 533 |
| MISC. EXPENSES | 60,761 | 0 | 0 | 58,502 |
| Description | Amount |
|---|---|
| DONATED SERVICES | 1,800 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| SECURITY SERVICES | 770,457 | 0 | 0 | 768,080 |
| OUTSIDE CONSULTANTS | 185,772 | 0 | 0 | 189,792 |
| PUBLIC RELATION NATION | 180,000 | 0 | 0 | 180,000 |
| Name | US / Foreign Address |
EIN | Description | Amount |
|---|---|---|---|---|
| G FARMS FOODS LLC |
PO BOX 876 NEW CANAAN,CT06840 |
85-1731637 | NONE | 0 |
| GRACE FARMS FOUNDATION AFRICA |
443 DAR ES SALAAM TZ |
000000000 | CAPITAL CONTRIBUTION | 60,000 |
| Total | 60,000 | |||