Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
GRACE FARMS FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)365 LUKES WOOD ROAD
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW CANAAN, CT068400876
A Employer identification number

27-1401401
B Telephone number (see instructions)

(203) 920-1716
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$123,130,033J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 12,666,108
2 Check right arrow.............
3 Interest on savings and temporary cash investments 52,106 52,106 52,106
4 Dividends and interest from securities...      
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10  
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances 864,644
b Less: Cost of goods sold.... 337,242
c Gross profit or (loss) (attach schedule)..... 527,402 527,402
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
42,408 0 4,519
12 Total. Add lines 1 through 11........ 13,288,024 52,106 584,027
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 1,321,166 0 0 1,321,166
14 Other employee salaries and wages...... 6,148,648 0 584,027 5,564,621
15 Pension plans, employee benefits....... 1,680,280 0 0 1,680,280
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
154,183 0 0 222,183
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
104,702 5,235 0 108,412
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
1,284,853 0 0 1,284,853
17 Interest...............        
18 Taxes (attach schedule) (see instructions)...        
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
2,263,957 0 0
20 Occupancy.............. 1,602,621 0 0 1,602,621
21 Travel, conferences, and meetings....... 67,340 0 0 67,340
22 Printing and publications.......... 175,905 0 0 175,905
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,154,386 0 0 1,154,386
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 15,958,041 5,235 584,027 13,181,767
25 Contributions, gifts, grants paid....... 75,000 25,000
26 Total expenses and disbursements. Add lines 24 and 25 16,033,041 5,235 584,027 13,206,767
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -2,745,017
b Net investment income (if negative, enter -0-) 46,871
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 633,437 606,325 606,325
2 Savings and temporary cash investments......... 2,328,877 1,006,018 1,006,018
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow   12,500    
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use.............. 87,022 61,446 61,446
9 Prepaid expenses and deferred charges.......... 118,344 104,107 104,107
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis right arrow140,134,832
Less: accumulated depreciation (attach schedule) right arrow20,941,507 122,186,389 Click to see attachment
List of Attached Documents:
// Content
119,193,325 		119,193,325
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
863,884 		Click to see attachment
List of Attached Documents:
// Content
2,158,812 		Click to see attachment
List of Attached Documents:
// Content
2,158,812
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 126,230,453 123,130,033 123,130,033
Liabilities 17 Accounts payable and accrued expenses.......... 459,298 714,152
18 Grants payable.................   50,000
19 Deferred revenue................. 57,366 47,018
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 516,664 811,170
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 124,827,997 121,336,159
25 Net assets with donor restrictions............ 885,792 982,704
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 125,713,789 122,318,863
30 Total liabilities and net assets/fund balances (see instructions). 126,230,453 123,130,033
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
125,713,789
2
Enter amount from Part I, line 27a .....................
2
-2,745,017
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
122,968,772
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
649,909
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
122,318,863
Form 990-PF (2023)
Form 990-PF (2023)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1a
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2  
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 652
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 652
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 652
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 157
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 500
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 657
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 5
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow5 Refundedright arrow 11 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowAL, AK, CT, DE, KY, MA, ME, MI, ND, NH, NV, NY, OH, OK, RI, SC, UT, WA, WV
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
Yes
 
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions Click to see list of attachments
List of Attached Documents:
// Content
.............
11
Yes
 
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowGRACEFARMS.ORG
14
The books are in care ofright arrowARTHUR J AJ CONLEY Telephone no.right arrow (203) 920-1716

Located atright arrow365 LUKES WOOD ROADNEW CANAANCT ZIP+4right arrow068400876
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16Yes  
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrowTZ
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
Yes
 
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
No
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
Yes
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
List of Attached Documents:
// Content
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
SHARON PRINCE CHAIR/CEO
50.00 		0 0 0
PO BOX 876
NEW CANAAN,CT06840
MICHAEL CHEN VICE CHAIR
3.00 		0 0 0
PO BOX 876
NEW CANAAN,CT06840
ROY MEDILE TREASURER
5.00 		0 0 0
PO BOX 876
NEW CANAAN,CT06840
ABIGAIL BANGSER DIRECTOR
1.00 		0 0 0
PO BOX 876
NEW CANAAN,CT06840
ANNA DYSON DIRECTOR
1.00 		0 0 0
PO BOX 876
NEW CANAAN,CT06840
JAY FIELDEN DIRECTOR (THRU 04/23)
1.00 		0 0 0
PO BOX 876
NEW CANAAN,CT06840
PETER HUNSINGER DIRECTOR
1.00 		0 0 0
PO BOX 876
NEW CANAAN,CT06840
ANGELA MWANZA DIRECTOR
1.00 		0 0 0
PO BOX 876
NEW CANAAN,CT06840
ROBERT PRINCE DIRECTOR
1.00 		0 0 0
PO BOX 876
NEW CANAAN,CT06840
HAYES SLADE DIRECTOR
1.00 		0 0 0
PO BOX 876
NEW CANAAN,CT06840
MIROSLAV VOLF DIRECTOR
1.00 		0 0 0
PO BOX 876
NEW CANAAN,CT06840
CHELSEA THATCHER DIR. & CREATIVE DIR. / CH. ADV. OFF.
50.00 		207,095 34,443 0
PO BOX 876
NEW CANAAN,CT06840
ALINA M REYNOLDS GC & JUSTICE INIT DEP DIR
50.00 		225,903 631 0
PO BOX 876
NEW CANAAN,CT06840
CHERIE A SWEENEY CHIEF OPERATING OFFICER
50.00 		236,038 25,302 0
PO BOX 876
NEW CANAAN,CT06840
ROD KHATTABI CH ACC. & JUST. INIT. DIR (THRU 09/23)
50.00 		196,426 421 0
PO BOX 876
NEW CANAAN,CT06840
MEGHAN DH WALSH SECRETARY & CHIEF PARTNERSHIPS OFFICER
50.00 		193,317 33,658 0
PO BOX 876
NEW CANAAN,CT06840
ARTHUR J CONLEY CHIEF FINANCIAL OFFICER
50.00 		143,116 24,816 0
PO BOX 876
NEW CANAAN,CT06840
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
ELIZABETH RAPUANO DIRECTOR OF COMMUNIC
50.00 		178,342 29,017 0
PO BOX 876
NEW CANAAN,CT06840
WILLIAM J STONEBRIDGE DIRECTOR OF FACILITI
50.00 		181,421 24,893 0
PO BOX 876
NEW CANAAN,CT06840
WILLIAM TOM DIRECTOR OF IT AND C
50.00 		166,920 18,988 0
PO BOX 876
NEW CANAAN,CT06840
ASHLEY W SIKORA DIRECTOR OF MARKETIN
50.00 		180,137 1,901 0
PO BOX 876
NEW CANAAN,CT06840
NORA RIZZO ETHICAL MATERIALS DI
50.00 		175,100 2,444 0
PO BOX 876
NEW CANAAN,CT06840
Total number of other employees paid over $50,000...................right arrow 57
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
SECURITAS SECURITY SYSTEMS USA INC SAFETY SERVICES 837,221
30 OAK STREET STE 403
STAMFORD,CT06905
FINN PARTNERS LLC COMMUNICATIONS SERVICES 180,027
301 EAST 57TH STREET
NEW YORK,NY10022
GRANT THORNTON ACCOUNTING SERVICES 114,118
757 THIRD AVENUE 3RD FLOOR
NEW YORK,NY100172013
ON THE MARC EVENT SERVICES 103,330
3 DUKE PI
NORWALK,CT06854
ROBINSON COLE LEGAL SERVICES 89,082
280 TRUMBULL STREET
HARTFORD,CT06103
Total number of others receiving over $50,000 for professional services.............right arrow17
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1 SEE STATEMENT 16 10,692,670
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1 GRACE 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. 1,000,000
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow1,000,000
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
0
b
Average of monthly cash balances.......................
1b
3,139,823
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
3,139,823
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
3,139,823
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
47,097
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
3,092,726
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
154,636
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
 
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
 
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
 
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
 
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
 
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
 
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
13,206,767
b
Program-related investments—total from Part VIII-B..................
1b
1,000,000
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
14,206,767
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7  
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........  
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$  
a Applied to 2022, but not more than line 2a  
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		 
d Applied to 2023 distributable amount.....  
e Remaining amount distributed out of corpus  
5 Excess distributions carryover applied to 2023.    
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		 
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		 
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		 
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023....  
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
2011-04-19
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
0 0 0 0 0
b 85% (0.85) of line 2a ......... 0 0 0 0 0
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		14,206,767 12,875,499 10,565,909 12,964,143 50,612,318
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		25,000 50,000 50,000 50,000 175,000
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		14,181,767 12,825,499 10,515,909 12,914,143 50,437,318
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ...... 123,130,033 126,230,453 127,278,874 129,245,716 505,885,076
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		 121,323,100 123,037,481 126,395,407 126,494,734 497,250,722
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		        0
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		        0
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		        0
(3) Largest amount of support
from an exempt organization		         0
(4) Gross investment income         0
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
SHARON PRINCE
ROBERT PRINCE
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2023)
Form 990-PF (2023)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

STANFORD UNIVERSITY

PO BOX 20466
STANFORD,CA943090466 		N/A PC TO SUPPORT RESEARCH ON CEMENT RELATED TO ENDING MODERN SLAVERY'S IMPRINT ON BUILDING 25,000
Total .................................right arrow 3a 25,000
bApproved for future payment

YALE CENTER FOR FAITH AND CULTURE
409 PROSPECT STREET
NEW HAVEN,CT06511 		N/A PC TO SUPPORT THE YALE CENTER FOR FAITH AND CULTURE'S GENERAL CHARITABLE AND EDUCATIONAL PROGRAMS 50,000
Total ................................. right arrow 3b 50,000
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 52,106  
4 Dividends and interest from securities ....          
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		         
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory     18 527,402  
11 Other revenue:
aTAX AND OTHER MISC REFUND 		    14 37,889  
bMISC. INCOME     14 4,519  
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 621,916 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
621,916
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2023)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2023
Name of the organization
GRACE FARMS FOUNDATION INC
 
Employer identification number

27-1401401
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ






Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (2023)
Schedule B (Form 990) (2023) Page 2
Name of organization
GRACE FARMS FOUNDATION INC
  		Employer identification number
27-1401401
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
JP MORGAN CHARITABLE GIVING FUND
 
165 TOWNSHIP LINE ROAD SUITE 1200
 
JENKINTOWN, PA19046

$ 6,113,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
2
FIDELITY CHARITABLE
 
PO BOX 770001
 
CINCINNATI, OH452770053

$ 5,758,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
3
TISBEST PHILANTHROPIES
 
1 GLENDINNING PLACE
 
WESTPORT, CT06880

$ 100,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
4
SHARON AND ROBERT PRINCE
 
365 LUKES WOOD ROAD
 
NEW CANAAN, CT06840

$ 51,750


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
5
TATA HARPER SKINCARE
 
1136 WOOSTER ROAD
 
WHITING, VT05778

$ 50,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
6
MARION MOORE FOUNDATION
 
ARROWHEAD WAY
 
DARIEN, CT06820

$ 25,000


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Name of organization
GRACE FARMS FOUNDATION INC
  		Employer identification number
27-1401401
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
7
SARA AND BRET WIENER
 
BROADVIEW ROAD
 
WESTPORT, CT06880

$ 22,750


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
8
THE VRANOS FAMILY FOUNDATION
 
1300 AMERICAN BLVD MSC 0303
 
PENNINGTON, NJ085344127

$ 20,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
9
EXTRAVEGA NEW YORK LLC
 
350 FIFTH AVENUE FLOOR 59
 
NEW YORK, NY10118

$ 19,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
10
SCIAME CONSTRUCTION
 
51 JAY STREET 1P
 
BROOKLYN, NY11201

$ 15,250


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
11
GRACE COMMUNITY CHURCH
 
134 MAIN STREET 2ND FLOOR
 
NEW CANAAN, CT06840

$ 15,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
12
POLYCOR
 
76 RUE SAINT-PAUL SUITE 100
 
QUEBEC CITY,   G1K 3V9CA

$ 15,000


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Name of organization
GRACE FARMS FOUNDATION INC
  		Employer identification number
27-1401401
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
13
SHOP ARCHITECTS
 
233 BROADWAY 11TH FLOOR
 
NEW YORK, NY10279

$ 14,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
14
ALICE MAHONEY
 
PO BOX 1104
 
NEW CANAAN, CT06840

$ 10,500


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
15
CPG ARCHITECTS
 
ONE DOCK STREET
 
STAMFORD, CT06902

$ 10,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
16
HEATHER AND KYLE DELANEY
 
1 GLENDINNING PLACE
 
WESTPORT, CT06880

$ 10,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
17
ZAINAB AND GREG JENSEN
 
1 GLENDINNING PLACE
 
WESTPORT, CT06880

$ 10,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
18
JANE MUSKY AND TONY GOLDWYN
 
SISCOWIT ROAD
 
POUND RIDGE, NY10576

$ 9,875


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Name of organization
GRACE FARMS FOUNDATION INC
  		Employer identification number
27-1401401
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
19
ELEANOR BANCO LASKO AND MATT LASKO
 
SQUIRE LANE
 
NEW CANAAN, CT06840

$ 9,750


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
20
ANGELA MWANZA AND TODD BLANKE
 
DEAN STREET
 
BROOKLYN, NY11201

$ 9,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
21
FREDERICK NOYES
 
POWELL ST
 
BROOKLINE, MA02446

$ 9,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
22
JP MORGAN PRIVATE BANK
 
480 WASHINGTON BLVD
 
JERSEY CITY, NJ07310

$ 9,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
23
RAND NIEDERHOFFER AND ADAM LAPIDUS
 
SMITH RIDGE LANE
 
NEW CANAAN, CT06840

$ 9,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
24
TURNER CONSTRUCTION
 
50 WATERVIEW DRIVE SUITE 220
 
SHELTON, CT06484

$ 7,000


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Name of organization
GRACE FARMS FOUNDATION INC
  		Employer identification number
27-1401401
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
25
ERIC YARBOI
 
1 GLENDINNING PLACE
 
WESTPORT, CT06880

$ 6,500


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
26
VANI AND SETH BIRNBAUM
 
1 GLENDINNING PLACE
 
WESTPORT, CT06880

$ 6,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
27
ABBY AND MATTHEW BANGSER
 
EAST 66TH STREET
 
NEW YORK, NY10065

$ 5,945


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
28
ARUP
 
77 WATER STREET
 
NEW YORK, NY10005

$ 5,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
29
ASSA ABLOY
 
110 SARGENT DR
 
NEW HAVEN, CT06511

$ 5,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
30
DELGADO STONE DISTRIBUTORS
 
55 DEL MAR DRIVE
 
BROOKFIELD, CT06804

$ 5,000


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Name of organization
GRACE FARMS FOUNDATION INC
  		Employer identification number
27-1401401
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
31
HMTX
 
29 OAKWOOD AVE
 
NORWALK, CT06850

$ 5,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
32
PARATUS GROUP
 
552 BROADWAY SUITE 6N
 
NEW YORK, NY10012

$ 5,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
33
PARAVEL
 
121 WEST 36TH STREET
 
NEW YORK, NY10018

$ 5,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
34
SCHWAB CHARITABLE FUND
 
211 MAIN STREET
 
SAN FRANCISCO, CA94105

$ 5,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
35
SHARON AND BRUCE BOTTOMLEY
 
LOST DISTRICT DRIVE
 
NEW CANAAN, CT06840

$ 5,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
36
SHERWIN WILLIAMS
 
105 REGIS CT
 
PARAMUS, NJ07652

$ 5,000


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Name of organization
GRACE FARMS FOUNDATION INC
  		Employer identification number
27-1401401
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
37
TARKETT
 
30000 AURORA RD
 
SOLON, OH44139

$ 5,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 3
Name of organization
GRACE FARMS FOUNDATION INC
  		Employer identification number

27-1401401
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
5
 PRODUCT DONATION $ 50,000 2023-12-31
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
33
 COMPLIMENTARY EVENT GIFT BAGS $ 5,000 2023-12-31
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 4
Name of organization
GRACE FARMS FOUNDATION INC
  		Employer identification number

27-1401401
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (2023)
Additional Data


Software ID:  
Software Version:  

TY 2023 AccountingFeesSchedule
Name:
GRACE FARMS FOUNDATION INC
EIN:
27-1401401
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
GRANT THORNTON 104,702 5,235 0 108,412

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TY 2023 DepreciationSchedule
Name:
GRACE FARMS FOUNDATION INC
EIN:
27-1401401
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 12,395,609 VAR 0 % 1,693,690 0 0  
LAND   38,540,793   VAR 0 % 0 0 0  
LAND IMPROVEMENTS   309,618 88,843 VAR 0 % 20,386 0 0  
FURNITURE AND FIXTURES   3,407,986 2,968,367 VAR 0 % 131,686 0 0  
WEBSITES, COMPUTER SOFTWARE   3,784,773 1,728,340 VAR 0 % 360,057 0 0  
AUTOS   59,581 24,117 VAR 0 % 5,608 0 0  
COMPUTER AND EQUIPMENT   1,756,572 1,472,274 VAR 0 % 52,530 0 0  
ARTWORK   1,162,360   VAR 0 % 0 0 0  

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2023 ExpenditureResponsibilityStmt
Name:
GRACE FARMS FOUNDATION INC
EIN:
27-1401401
Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
GRACE FARMS FOODS LLC
  		24 EAST AVENUE NO 302
NEW CANAAN,CT06840 		2023-12-31 1,000,000 CAPITAL 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. 0 NO VARIOUS 2023-12-31 THE FOUNDATION HAS REVIEWED THE GRANTEE'S REPORTS AND THERE HAS NOT BEEN ANY REASON TO DOUBT THEIR ACCURACY OR RELIABILITY.

TY 2023 GeneralExplanationAttachment
Name:
GRACE FARMS FOUNDATION INC
EIN:
27-1401401
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 WORK GRACE FARMS IS A CULTURAL AND HUMANITARIAN CENTER 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 FEATURING THE ARCHITECTURALLY SIGNIFICANT RIVER BUILDING, DESIGNED BY SANAA, GRACE FARMS IS OPEN (AT NO COST) TO THE PUBLIC SIX DAYS A WEEK FOR INDOOR AND OUTDOOR PROGRAMS FOR INTERGENERATIONAL AUDIENCES. THESE INCLUDE NATURE TOURS OF GRACE FARMS' DIVERSE LANDSCAPES, INCLUDING 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. THE RIVER BUILDING, WITH ITS FIVE TRANSPARENT VOLUMES, INCLUDES ABUNDANT COMMUNAL SPACES AND A 360-DEGREE VIEW 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 5 INITIATIVES THE MISSION OF GRACE FARMS FOUNDATION IS BASED ON 5 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 BY PROVIDING YEAR-ROUND EXPLORATORY OPPORTUNITIES AND MULTIGENERATIONAL PROGRAMMING, WE ENCOURAGE VISITORS TO EXPERIENCE THE AWE AND WONDER OF NATURE AND EMBRACE STEWARDSHIP OF THE NATURAL ENVIRONMENT. IN 2023, MORE THAN 1,500 VISITORS PARTICIPATED IN OUR NATURE PROGRAMMING, RANGING FROM OUR LIVING CLASSROOM SERIES, WHICH TEACHES PEOPLE ABOUT ECOSYSTEMS AND OUR ROLE IN STEWARDING THEM TO OUR ASTRONOMY PROGRAMS THAT ENCOURAGE EXPLORATION OF OUR SOLAR SYSTEM. ARTS: WE WELCOME ARTISTS FROM ACROSS DISCIPLINES TO SHARE DIVERSE PERSPECTIVES THAT EXPAND OUR WORLDVIEWS, HELP US CONNECT WITH ONE ANOTHER, AND ENHANCE OUR SENSE OF BEAUTY. BY WEAVING THE ARTS THROUGH OUR RHYTHMS OF WORK, REFLECTION, AND PLAY, WE DISCOVER ASPECTS OF OURSELVES AND THE WORLD AROUND US. SINCE GRACE FARMS' FOUNDING IN 2015, MORE THAN 250 VISUAL, PERFORMING, AND LITERARY ARTISTS HAVE PRESENTED TO AUDIENCES HERE. IN 2023, WE LAUNCHED VOICES OF CULTURE, A MUSICAL SERIES THAT EXPLORES DIFFERENT MUSICAL TRADITIONS FROM AROUND THE WORLD. WE ALSO CONTINUED OUR BEAUTY & LOGIC SERIES, WHICH FEATURES MUSIC AND CONVERSATION THAT EXPLORES THE RELATIONSHIP BETWEEN MATH AND MUSIC. OVER THE COURSE OF THE YEAR, MORE THAN 5,100 EXPERIENCED THESE PROGRAMS. 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. 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 2023, THE IMPACT OF DESIGN FOR FREEDOM GREW WITH THE ANNOUNCEMENT OF FIVE NEW PILOT PROJECTS. DESIGN FOR FREEDOM PILOT PROJECTS ARE NEW CONSTRUCTION PROJECTS THAT ARE SUBMITTED BY DESIGN TEAMS AND OWNERS FOR SELECTION BY GRACE FARMS TO MODEL MORE TRANSPARENT AND ETHICAL SUPPLY CHAINS. THERE ARE NOW 12 SUCH PROJECTS ON 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 THIRD ANNUAL DESIGN FOR FREEDOM SUMMIT, HELD ON THE GROUNDS OF GRACE FARMS, GALVANIZED MORE THAN 500 LEADERS, ALONGSIDE MORE THAN 60 STUDENTS FROM 27 UNIVERSITIES, TO COME TOGETHER AND REAFFIRM THEIR COMMITMENT TO ADVANCING THIS WORK. GRACE FARMS ALSO CO-HOSTED THE ETHICAL SUPPLY CHAIN WORKSHOP, ALONG WITH THE U.S. DEPARTMENT OF STATE'S OFFICE OF OVERSEAS BUILDINGS OPERATIONS AND TURNER CONSTRUCTION, BRINGING TOGETHER MORE THAN 80 INDUSTRY PROFESSIONALS TO ADDRESS AND PROMOTE FAIR AND ETHICAL LABOR AND PROCUREMENT PRACTICES IN THE CONSTRUCTION INDUSTRY. GRACE FARMS TEA AND COFFEE DESIGN 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 IT EMBODIES OUR HUMANITARIAN WORK THROUGH ITS TEAS AND COFFEES. A CERTIFIED B CORP, 100% OF GRACE FARMS FOODS' PROFITS SUPPORT DESIGN FOR FREEDOM. GRACE FARMS FOODS IS THE FIRST U.S.-BASED PREMIUM TEA BRAND TO PARTNER WITH FAIRTRADE INTERNATIONAL AND THE ONLY ONE THAT GIVES BACK 100% OF PROFITS TO ENDING FORCED LABOR WORLDWIDE. GRACE FARMS FOODS IS ALSO THE ONLY PREMIUM COFFEE BRAND TO EXCLUSIVELY SOURCE FROM WOMEN-LED CO-OPS AROUND THE WORLD. GRACE FARMS FOODS HAS EDUCATED CONSUMERS AND MULTINATIONAL NONPROFITS AND CORPORATIONS ABOUT FORCED LABOR IN OUR FOOD AND OUR ARCHITECTURE. IN 2023, WITH THE GOAL OF EDUCATING THOUSANDS OF EMPLOYEES IN MAJOR COMPANIES ABOUT THESE ISSUES, THE COMPANY LAUNCHED A CORPORATE AND WHOLESALE PARTNERSHIP PROGRAM WITH OVER 20 LEADING ORGANIZATIONS. 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 NOT-FOR-PROFITS, SCHOOL GROUPS, GOVERNMENT AGENCIES, AND QUASI-GOVERNMENTAL ENTITIES. 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 FACILITATES THE COORDINATION OF CULINARY, EDUCATION, PRODUCTION, HOSPITALITY, AND GUEST EXPERIENCES NEEDED TO ENSURE THE EVENT MEETS THE EXPECTATIONS OF THE GRANTEE. UNDER THIS GUIDANCE, GRANTEES, IN SOME CASES THROUGH MULTIPLE INSTANCES EACH YEAR, HOST BOARD MEETINGS, STAFF RETREATS, WORKSHOPS, PANEL DISCUSSIONS, EDUCATIONAL ACTIVITIES. IN 2023, GRACE FARMS HOSTED MORE THAN 40 SPACE GRANTS, PROVIDING GRANTS THAT EXCEEDED $450,000 IN EQUIVALENT VALUE. 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 MORE THAN 150,000 NUTRITIOUS MEALS TO OUR FOOD RELIEF PARTNERS WHO PROVIDE FOR THOSE WHO ARE FOOD INSECURE. IN THE PAST YEAR, GRACE FARMS' EDUCATIONAL AND TOUR PROGRAMS FOR ELEMENTARY, MIDDLE, AND HIGH SCHOOLERS WAS ALSO LAUNCHED. THROUGHOUT THE YEAR, 517 STUDENTS AND EDUCATORS VISITED GRACE FARMS, WHERE OUR EDUCATION TEAM HOSTED 17 GROUPS FROM 13 UNIQUE SCHOOLS. 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 2023, GRACE FARMS EXPANDED ITS PARTNERSHIP WITH THE YALE CENTER FOR FAITH AND CULTURE WITH A CURRICULUM DEVELOPMENT WORKSHOP WITH MIDDLE AND HIGH SCHOOL TEACHERS. DURING THIS WORKSHOP, EDUCATORS HAD THE OPPORTUNITY TO ATTEND A SESSION OF "THE LIFE WORTH LIVING" COURSE, FOLLOWED BY WORKSHOPS ON CURRICULUM DEVELOPMENT USING A THEMATIC TEMPLATE OFFERING SELECTIONS OF TEXTS FROM AN ARCHIVE OF PHILOSOPHICAL AND RELIGIOUS TRADITIONS. EDUCATORS LEFT GRACE FARMS WITH A COURSE SYLLABUS OF THEIR OWN TO PILOT, EXPANDING THE IMPACT OF THIS PROGRAM BEYOND GRACE FARMS. GRACE FARMS ALSO CONTINUED ITS SUCCESSFUL BOOKS ON FAITH & MEANING SERIES, WHICH INVITES AUTHORS FROM VARIOUS FAITH AND PHILOSOPHICAL BACKGROUNDS FOR A CONVERSATION ABOUT TEXTS THAT ENCOURAGE US TO THINK CRITICALLY ABOUT THE MEANING OF OUR LIVES. THESE INITIATIVES AND OUTCOMES ADVANCE GRACE FARMS FOUNDATION'S MISSION TO FOSTER MORE GRACE AND PEACE LOCALLY AND AROUND THE WORLD.

TY 2023 LandEtcSchedule2
Name:
GRACE FARMS FOUNDATION INC
EIN:
27-1401401
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
BUILDING 90,599,716 14,001,540 76,598,176 76,598,176
BUILDING IMPROVEMENTS 513,434 87,760 425,674 425,674
LAND 38,540,792 0 38,540,792 38,540,792
LAND IMPROVEMENTS 309,618 109,229 200,389 200,389
FURNITURE AND FIXTURES 3,407,986 3,098,936 309,050 309,050
WEBSITE, COMPUTER SOFTWARE 3,784,773 3,613,200 171,573 171,573
AUTOS 59,581 30,842 28,739 28,739
COMPUTER AND EQUIPMENT 1,756,572 0 1,756,572 1,756,572
ARTWORK 1,162,360 0 1,162,360 1,162,360


TY 2023 LegalFeesSchedule
Name:
GRACE FARMS FOUNDATION INC
EIN:
27-1401401
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ROBINSON + COLE LLP 54,082 0 0 89,082
HOLLAND & KNIGHT LLP 37,643 0 0 67,643
KATHRYN BARRETT PARK LLP 25,250 0 0 25,250
DAY PITNEY LLP 19,460 0 0 22,460
PRINCETON HYDRO LLC 13,796 0 0 13,796
REMA ECOLOGICAL SERVICES, LLC 3,952 0 0 3,952


TY 2023 OtherAssetsSchedule
Name:
GRACE FARMS FOUNDATION INC
EIN:
27-1401401
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
PROGRAM- RELATED INVESTMENTS - INTEREST IN GRACE FARMS FOODS LLC 851,092 2,129,775 2,129,775
OTHER ASSETS 12,792 29,037 29,037


TY 2023 OtherDecreasesSchedule
Name:
GRACE FARMS FOUNDATION INC
EIN:
27-1401401
Description Amount
CHANGE IN VALUE OF GRACE FARMS FOODS LLC 649,909


TY 2023 OtherExpensesSchedule
Name:
GRACE FARMS FOUNDATION INC
EIN:
27-1401401
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXPENSED EQUIPEMENT AND SERVICES 550,428 0 0 550,428
REPAIRS AND MAINTENANCE 292,024 0 0 292,024
CT RELIEF FOOD PROGRAM 138,720 0 0 138,720
RECRUITING & STAFFING 56,518 0 0 56,518
ADMIN AND GENERAL 50,417 0 0 50,417
CREDIT CARD FEES 38,786 0 0 38,786
OTHER PROGRAM-RELATED EXPENSES 22,724 0 0 22,724
FILING & OTHER FEES 4,435 0 0 4,435
PR DATA PROCESSING FEE 334 0 0 334


TY 2023 OtherIncomeSchedule2
Name:
GRACE FARMS FOUNDATION INC
EIN:
27-1401401
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
TAX AND OTHER MISC REFUND 37,889 0 0
MISC. INCOME 4,519 0 4,519


TY 2023 OtherProfessionalFeesSchedule
Name:
GRACE FARMS FOUNDATION INC
EIN:
27-1401401
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
SECURITY SERVICES 818,219 0 0 818,219
OUTSIDE SERVICES 286,634 0 0 286,634
COMMUNICATIONS SERVICES 180,000 0 0 180,000


TY 2023 TransfersFrmControlledEntities
Name:
GRACE FARMS FOUNDATION INC
EIN:
27-1401401
Name US /
Foreign Address		 EIN Description Amount
GRACE FARMS FOODS LLC 24 EAST AVENUE NO 302
NEW CANAAN,CT06840 		85-1731637 CHARITABLE CONTRIBUTION - DONATED PRODUCTS 1,000,000
GRACE FARMS FOUNDATION AFRICA 443 DAR ES SALAAM
TZ 		000000000 NONE 188,981
Total     4,500

TY 2023 TransfersToControlledEntities
Name:
GRACE FARMS FOUNDATION INC
EIN:
27-1401401
Name US /
Foreign Address		 EIN Description Amount
GRACE FARMS FOODS LLC 24 EAST AVENUE NO 302
NEW CANAAN,CT06840 		85-1731637 INTER-COMPANY TRANSACTION - FOR CHARITABLE PURPOSES. 1,000,000
GRACE FARMS FOUNDATION AFRICA 443 DAR ES SALAAM
TZ 		000000000 CAPITAL CONTRIBUTION 188,981
Total     1,188,981