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
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024
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$124,677,973J 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) 17,710,109
2 Check right arrow.............
3 Interest on savings and temporary cash investments 105,535 105,535 105,535
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 1,030,630
b Less: Cost of goods sold.... 364,728
c Gross profit or (loss) (attach schedule)..... 665,902 665,902
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 18,481,546 105,535 771,437
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 1,172,155 0 0 1,172,155
14 Other employee salaries and wages...... 6,649,937 0 771,437 5,878,500
15 Pension plans, employee benefits....... 1,548,280 0 0 1,548,280
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
159,172 0 0 165,282
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
122,805 6,140 0 116,593
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
1,543,572 0 0 1,562,603
17 Interest...............        
18 Taxes (attach schedule) (see instructions)...        
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
2,269,488 0 0
20 Occupancy.............. 1,531,200 0 0 1,531,200
21 Travel, conferences, and meetings....... 156,510 0 0 156,510
22 Printing and publications.......... 151,781 0 0 151,781
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,142,563 0 0 1,142,563
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 16,447,463 6,140 771,437 13,425,467
25 Contributions, gifts, grants paid....... 236,073 236,073
26 Total expenses and disbursements. Add lines 24 and 25 16,683,536 6,140 771,437 13,661,540
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,798,010
b Net investment income (if negative, enter -0-) 99,395
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
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............. 606,325 252,120 252,120
2 Savings and temporary cash investments......... 1,006,018 1,555,088 1,555,088
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
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.............. 61,446 90,921 90,921
9 Prepaid expenses and deferred charges.......... 104,107 169,943 169,943
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 arrow140,809,955
Less: accumulated depreciation (attach schedule) right arrow23,210,996 119,193,325 Click to see attachment
List of Attached Documents:
// Content
117,598,959 		117,598,959
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
2,158,812 		Click to see attachment
List of Attached Documents:
// Content
5,010,942 		Click to see attachment
List of Attached Documents:
// Content
5,010,942
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 123,130,033 124,677,973 124,677,973
Liabilities 17 Accounts payable and accrued expenses.......... 714,152 351,453
18 Grants payable................. 50,000  
19 Deferred revenue................. 47,018 144,778
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)......... 811,170 496,231
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........... 121,336,159 123,514,321
25 Net assets with donor restrictions............ 982,704 667,421
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)..... 122,318,863 124,181,742
30 Total liabilities and net assets/fund balances (see instructions). 123,130,033 124,677,973
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
122,318,863
2
Enter amount from Part I, line 27a .....................
2
1,798,010
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
64,869
4
Add lines 1, 2, and 3 ..........................
4
124,181,742
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
124,181,742
Form 990-PF (2024)
Form 990-PF (2024)
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 1,382
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 1,382
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 1,382
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 5
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 1,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 1,005
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 9 377
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow   Refundedright arrow 11  
Form 990-PF (2024)
Form 990-PF (2024)
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 2024 or the taxable year beginning in 2024? 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 2024, 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 (2024)
Form 990-PF (2024)
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 2024? .............
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 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
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 2024 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 2024.) .....................
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 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
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
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. & CHIEF STRAT. OFF./CREATIVE DIR.
50.00 		249,798 23,986 0
PO BOX 876
NEW CANAAN,CT06840
ALINA M REYNOLDS GC & JUSTICE INIT DEP DIR(THRU 03/24)
50.00 		154,754 0 0
PO BOX 876
NEW CANAAN,CT06840
CHERIE A SWEENEY CHIEF OPERATING OFFICER
50.00 		250,126 20,981 0
PO BOX 876
NEW CANAAN,CT06840
MEGHAN DH WALSH SECRETARY & CHIEF PARTNERSHIPS OFFICER
50.00 		185,096 27,534 0
PO BOX 876
NEW CANAAN,CT06840
ARTHUR J CONLEY CHIEF FINANCIAL OFFICER
50.00 		239,231 20,649 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 CHIEF COMMUNICATIONS
50.00 		204,402 28,071 0
PO BOX 876
NEW CANAAN,CT06840
ASHLEY W SIKORA DIRECTOR OF MARKETIN
50.00 		199,858 3,792 0
PO BOX 876
NEW CANAAN,CT06840
WILLIAM J STONEBRIDGE DIRECTOR OF FACILITI
50.00 		185,096 18,121 0
PO BOX 876
NEW CANAAN,CT06840
KAREN L KARIUKI MD, STRATEGIC INITIA
50.00 		169,615 26,986 0
PO BOX 876
NEW CANAAN,CT06840
WILLIAM TOM DIRECTOR OF IT AND C
50.00 		175,758 15,988 0
PO BOX 876
NEW CANAAN,CT06840
Total number of other employees paid over $50,000...................right arrow 64
Form 990-PF (2024)
Form 990-PF (2024)
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 825,685
30 OAK STREET STE 403
STAMFORD,CT06905
FINN PARTNERS LLC COMMUNICATIONS SERVICES 181,318
301 EAST 57TH STREET
NEW YORK,NY10022
DILIGENTIA GLOBAL SOLUTIONS RESEARCH/ADV: DESIGN FREEDOM 146,432
31 THE VICARAGE GREAT KING ST
CHESHIRE UK SK   SK116PL
UK
LEERFORM LLC EVENT AND EXHIBITION SERVICES 140,970
182 STEWART AVE
NEW YORK,NY11237
GRANT THORNTON ACCOUNTING SERVICES 122,805
757 THIRD AVENUE 3RD FLOOR
NEW YORK,NY100172013
Total number of others receiving over $50,000 for professional services.............right arrow26
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 15 12,513,746
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 (2024)
Form 990-PF (2024)
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
3,205,595
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
3,205,595
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
3,205,595
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
48,084
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
3,157,511
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
157,876
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 2024 from Part V, line 5 .......
2a
 
b
Income tax for 2024. (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
13,661,540
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
14,661,540
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7  
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020......  
c From 2021......  
d From 2022......  
e From 2023......  
f Total of lines 3a through e ........  
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$  
a Applied to 2023, 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 2024 distributable amount.....  
e Remaining amount distributed out of corpus  
5 Excess distributions carryover applied to 2024.    
(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 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		 
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 2019 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		 
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022....  
d Excess from 2023....  
e Excess from 2024....  
Form 990-PF (2024)
Form 990-PF (2024)
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 2024, 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) 2024 (b) 2023 (c) 2022 (d) 2021
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 ..... 		14,661,540 14,206,767 12,875,499 10,565,909 52,309,715
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		236,073 25,000 50,000 50,000 361,073
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		14,425,467 14,181,767 12,825,499 10,515,909 51,948,642
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ...... 124,677,973 123,130,033 126,230,453 127,278,874 501,317,333
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		 120,736,735 121,323,100 123,037,481 126,395,407 491,492,723
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 if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
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 (2024)
Form 990-PF (2024)
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

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. 100,000

YALE CENTER FOR ECOSYSTEMS ARCHITECTURE YALE SCHOOL OF ARCHITECTURE

180 YORK STREET
NEW HAVEN,CT06511 		N/A PC TO SUPPORT BIOMATERIALS RESEARCH AT YALE CEA. 55,000

AFRICA TRANSFORMATIONAL INITIATIVE

VIVA TOWERS 207 ALI HASSAN MWINYI
RD
DAR ES SALAAM   78835
TZ 		N/A PC GFF AFRICA DISSOLUTION CONTRIBUTION TO LOCAL SUCCEEDING NGO. 28,073

CENTER FOR INNOVATION

9 PIER THE EMBARCADERO SUITE 107
SAN FRANCISCO,CA94111 		N/A PC TO SUPPORT DESIGN AND CONSTRUCTION EXPERTS WHO ARE CONTRIBUTING TO RECONSTRUCTION EFFORTS IN UKRAINE. 25,000

BLACK ARTISTS DESIGNERS GUILD INC

362 HALSEY STREET
BROOKLYN,NY112162412 		N/A PC TO 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 DRIVE
LAGUNA BEACH,CA92651 		N/A PC TO PROVIDE SUPPORT FOR AN EVENT THAT RAISED LOCAL AWARENESS FOR DESIGN FOR FREEDOM. 3,000
Total .................................right arrow 3a 236,073
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2024)
Form 990-PF (2024)
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 ........... 		    14 105,535  
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     18 665,902  
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 771,437 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
771,437
(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 (2024)
Form 990-PF (2024)
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 Right Arrow
 Firm's EIN Right Arrow
Firm's address Right Arrow


 Phone no.
Form 990-PF (2024)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

right arrow Attach to Form 990, 990-EZ, or 990-PF.
right arrow Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
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
501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization


Form 990-PF
501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation
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
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Right Arrow $  
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) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025) Page 2
Name of organization
GRACE FARMS FOUNDATION INC
  		Employer identification number
27-1401401
Part I
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
FIDELITY CHARITABLE
 
PO BOX 770001
 
CINCINNATI, OH452770053

$ 11,200,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
2
JP MORGAN CHARITABLE GIVING FUND
 
165 TOWNSHIP LINE ROAD SUITE 1200
 
JENKINTOWN, PA19046

$ 6,000,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
3
SHARON AND ROBERT PRINCE
 
365 LUKES WOOD ROAD
 
NEW CANAAN, CT06840

$ 50,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
4
303 GALLERY
 
555 WEST 21ST STREET
 
NEW YORK, NY10011

$ 31,900


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
5
ASSA ABLOY
 
SARGENT DR
 
NEW HAVEN, CT06511

$ 29,606


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
6
DAVID BARBER
 
FANCHER ROAD
 
POUND RIDGE, NY10576

$ 17,990


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Name of organization
GRACE FARMS FOUNDATION INC
  		Employer identification number
27-1401401
Part I
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
CARLSON FAMILY FOUNDATION
 
1610 SKYE DRIVE
 
CHAPEL HILL, NC27516

$ 20,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
8
JANE MUSKY AND TONY GOLDWYN
 
SISCOWIT ROAD
 
POUND RIDGE, NY10576

$ 15,000


(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

$ 10,550


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
10
VANI AND SETH BIRNBAUM
 
OLD HILL ROAD
 
WESTPORT, CT06880

$ 9,950


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
11
TURNER CONSTRUCTION
 
50 WATERVIEW DRIVE SUITE 220
 
SHELTON, CT06484

$ 9,900


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
12
CPG ARCHITECTS
 
ONE DOCK STREET
 
STAMFORD, CT06902

$ 9,750


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Name of organization
GRACE FARMS FOUNDATION INC
  		Employer identification number
27-1401401
Part I
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
HKS INC
 
125 S CLARK ST
 
CHICAGO, IL60603

$ 9,750


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
14
KAY AND JOSEPH CIOFFI
 
BALD HILL ROAD
 
NEW CANAAN, CT06840

$ 9,400


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
15
HAYES AND JAMES SLADE
 
CHAMBERS ST 5TH FLOOR
 
NEW YORK, NY10007

$ 8,200


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
16
SARA AND BRET WIENER
 
BROADVIEW ROAD
 
WESTPORT, CT06880

$ 8,125


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
17
ALICE MAHONEY
 
PO BOX 1104
 
NEW CANAAN, CT06840

$ 7,900


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
18
ANGELA MWANZA AND TODD BLANKE
 
365 LUKES WOOD ROAD
 
NEW CANAAN, CT06840

$ 7,900


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Name of organization
GRACE FARMS FOUNDATION INC
  		Employer identification number
27-1401401
Part I
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
JPMORGAN PRIVATE BANK
 
480 WASHINGTON BLVD
 
JERSEY CITY, NJ07310

$ 7,900


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
20
JEANETTE AND MICHAEL CHEN
 
365 LUKES WOOD ROAD
 
NEW CANAAN, CT06840

$ 7,900


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
21
MARCUM LLP
 
5959 ROCKSIDE WOODS BLVD N SUITE 60
 
CLEVELAND, OH44131

$ 7,900


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
22
RACHEL AND DAVID GORDON
 
ONE NYALA FARMS ROAD
 
WESTPORT, CT06880

$ 7,900


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
23
ROCKEFELLER GLOBAL FAMILY OFFICE
 
45 ROCKEFELLER PLAZA
 
NEW YORK, NY10111

$ 7,900


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
24
SCIAME CONSTRUCTION LLC
 
51 JAY STREET 1P
 
BROOKLYN, NY11201

$ 7,900


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Name of organization
GRACE FARMS FOUNDATION INC
  		Employer identification number
27-1401401
Part I
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
SHOP ARCHITECTS
 
233 BROADWAY 11TH FLOOR
 
NEW YORK, NY10279

$ 7,900


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
26
ERIC YARBOI
 
ONE NYALA FARMS ROAD
 
WESTPORT, CT06880

$ 7,200


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
27
JANE AND PETER HUNSINGER
 
365 LUKES WOOD ROAD
 
NEW CANAAN, CT06840

$ 6,394


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
28
HOLLAND & KNIGHT
 
TRESSER BLVD
 
STAMFORD, CT06901

$ 5,200


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
29
GRACE COMMUNITY CHURCH
 
134 MAIN STREET 2ND FLOOR
 
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
30
NUCOR
 
1915 REXFORD RD
 
CHARLOTTE, NC28211

$ 5,000


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Name of organization
GRACE FARMS FOUNDATION INC
  		Employer identification number
27-1401401
Part I
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
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
 
 
 
 

$  


(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) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
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
 
$    
(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
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
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.) $  
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) (Rev. 1-2025)
Additional Data


Software ID:  
Software Version:  

TY 2024 AccountingFeesSchedule
Name:
GRACE FARMS FOUNDATION INC
EIN:
27-1401401
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
GRANT THORNTON 122,805 6,140 0 116,593

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TY 2024 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   91,310,645 14,089,299 VAR 0 % 1,693,691 0 0  
LAND   38,540,793   VAR 0 % 0 0 0  
LAND IMPROVEMENTS   309,618 109,229 VAR 0 % 24,183 0 0  
FURNITURE AND FIXTURES   3,868,751 3,100,053 VAR 0 % 120,050 0 0  
WEBSITES, COMPUTER SOFTWARE   3,791,393 2,088,397 VAR 0 % 358,820 0 0  
AUTOS   59,581 29,725 VAR 0 % 5,609 0 0  
COMPUTER AND EQUIPMENT   1,766,814 1,524,805 VAR 0 % 67,135 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 2024 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 		2024-12-31 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 2024-12-31 THE FOUNDATION HAS REVIEWED THE GRANTEE'S REPORTS AND THERE HAS NOT BEEN ANY REASON TO DOUBT THEIR ACCURACY OR RELIABILITY.
AFRICA TRANSFORMATIONAL INITIATIVE
  		VIVA TOWERS 207 ALI HASSAN MWINYI
RD
DAR ES SALAAM   78835
TZ 		2024-12-31 28,973 GFF AFRICA DISSOLUTION CONTRIBUTION TO LOCAL SUCCEEDING NGO 0 NO VARIOUS 2024-12-31 THE FOUNDATION HAS REVIEWED THE GRANTEE'S REPORTS AND THERE HAS NOT BEEN ANY REASON TO DOUBT THEIR ACCURACY OR RELIABILITY.

TY 2024 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 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.

TY 2024 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 90,644,071 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


TY 2024 LegalFeesSchedule
Name:
GRACE FARMS FOUNDATION INC
EIN:
27-1401401
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
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


TY 2024 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 2,129,775 3,137,775 3,137,775
OTHER ASSETS 29,037 1,873,167 1,873,167


TY 2024 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 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


TY 2024 OtherIncreasesSchedule
Name:
GRACE FARMS FOUNDATION INC
EIN:
27-1401401
Description Amount
CHANGE IN VALUE OF GRACE FARMS FOODS LLC 64,869


TY 2024 OtherProfessionalFeesSchedule
Name:
GRACE FARMS FOUNDATION INC
EIN:
27-1401401
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
SECURITY SERVICES 778,655 0 0 825,685
OUTSIDE SERVICES 584,917 0 0 556,918
COMMUNICATIONS SERVICES 180,000 0 0 180,000


TY 2024 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 NONE 1,000,000
GRACE FARMS FOUNDATION AFRICA 443 DAR ES SALAAM
TZ 		000000000 NONE 0
Total     0

TY 2024 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 CAPITAL CONTRIBUTION TO FUND CHARITABLE PROGRAMS 1,000,000
GRACE FARMS FOUNDATION AFRICA 443 DAR ES SALAAM
TZ 		000000000 NONE 0
Total     1,000,000