Brace Cove Foundation Inc | Foundation Profile

GrantBay analyzes IRS Form 990-PF data to help grant seekers find fit funders like Brace Cove Foundation Inc. Data shown is extracted from Form 990-PF filings.

EIN: 81-0865242

Foundation Overview

Based in Gloucester, MA, Brace Cove Foundation Inc has awarded 89 grants totaling $1,108,870 to organizations in Massachusetts. Individual grants range from $500 to $140,000, with a median award of $5,000.

Latest Tax Year
2023
Total Giving (all years)
$1,108,870
Total Assets
$4,212,369
Median Grant (all grants)
$5,000

Latest Form 990-PF Snapshot

Total Grants
12
Median Grant
$750
% Median Grant Decline
-85% (vs previous year)
Data extracted from IRS Form 990-PF filings. Last filing year: February 2026

Foundation Intelligence

Advanced analytics and strategic insights to help nonprofit organizations assess grant opportunities and optimize their application strategies

New Applicant Friendliness
Growth-Minded: 67%

8 of 12 recipients (67%) were new grantees. Foundation actively seeks new partnerships to expand impact. Fresh approaches and innovative programs receive serious consideration.

Geographic Focus
Massachusetts

100% of all grants are concentrated in Massachusetts, demonstrating highly focused geographic giving. This foundation prioritizes deep community impact in its primary service area. Within Massachusetts, funding concentrates in Gloucester (49%), Salem (12%), Beverly (10%).

Funding Trajectory
+61%

Strong 61% growth in annual giving over 3 years indicates expanding philanthropic capacity and increasing opportunities for grant seekers. This upward trajectory suggests growing foundation resources and commitment.

Program Areas
General Purposes

Highly focused on general purposes with 100% of funding dedicated to this sector. This specialization indicates deep expertise and committed investment in the field.

Where is The Money Going?

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Grants & Funding

Analyzing past grantees provides valuable insights into Brace Cove Foundation Inc's funding preferences, organizational priorities, and grant making patterns. This historical data helps potential applicants understand the foundation's strategic focus and identify successful funding approaches.

Name Amount Location Purpose Year
Arpeggione Ensemble $500 Gloucester, MA, US To Further The Exempt Purpose Of The Foundation 2023
Cape Ann Trail Stewards $1,000 Essex, MA, US To Further The Exempt Purpose Of The Foundation 2023
Generous Gardeners $500 Gloucester, MA, US To Further The Exempt Purpose Of The Foundation 2023
Gloucester Celebration Corporation $500 Gloucester, MA, US To Further The Exempt Purpose Of The Foundation 2023
Gloucester Housing Authority $140,000 Gloucester, MA, US To Further The Exempt Purpose Of The Foundation 2023
Gloucester Meetinghouse Foundation $500 Gloucester, MA, US To Further The Exempt Purpose Of The Foundation 2023
Gloucester Public Schools $40,000 Gloucester, MA, US To Further The Exempt Purpose Of The Foundation 2023
Gloucester Writers Center $500 Gloucester, MA, US To Further The Exempt Purpose Of The Foundation 2023
Rockport Public Schools $5,000 Rockport, MA, US To Further The Exempt Purpose Of The Foundation 2023
Seaside Sustainability $500 Gloucester, MA, US To Further The Exempt Purpose Of The Foundation 2023
Together Gloucester $1,000 Gloucester, MA, US To Further The Exempt Purpose Of The Foundation 2023
Town Green $1,000 Gloucester, MA, US To Further The Exempt Purpose Of The Foundation 2023
Action Inc $55,000 Gloucester, MA, US To Further The Exempt Purpose Of The Foundation 2022
Amirah Inc $2,000 Woburn, MA, US To Further The Exempt Purpose Of The Foundation 2022
Cape Ann Kids Holiday Fund $1,000 Gloucester, MA, US To Further The Exempt Purpose Of The Foundation 2022
Cornerstone Creative $2,500 Gloucester, MA, US To Further The Exempt Purpose Of The Foundation 2022
Family Promise North Shore Boston $5,000 Beverly, MA, US To Further The Exempt Purpose Of The Foundation 2022
Friends Of Northshore Education Consortium $5,000 Beverly, MA, US To Further The Exempt Purpose Of The Foundation 2022
Generous Gardeners $515 Gloucester, MA, US To Further The Exempt Purpose Of The Foundation 2022
Global Iniatives Inc $500 Gloucester, MA, US To Further The Exempt Purpose Of The Foundation 2022
Gloucester Boxing $500 Danvers, MA, US To Further The Exempt Purpose Of The Foundation 2022
Gloucester Council On Aging $5,000 Gloucester, MA, US To Further The Exempt Purpose Of The Foundation 2022
Gloucester Housing Authority $60,000 Gloucester, MA, US To Further The Exempt Purpose Of The Foundation 2022
Gloucester Public Schools $60,000 Gloucester, MA, US To Further The Exempt Purpose Of The Foundation 2022
Hawc $10,000 Salem, MA, US To Further The Exempt Purpose Of The Foundation 2022
Lifebridge $5,000 Salem, MA, US To Further The Exempt Purpose Of The Foundation 2022
Nami Cape Ann $5,000 Gloucester, MA, US To Further The Exempt Purpose Of The Foundation 2022
Rockport Public Schools $4,000 Rockport, MA, US To Further The Exempt Purpose Of The Foundation 2022
Thatcher Island Association $1,000 Rockport, MA, US To Further The Exempt Purpose Of The Foundation 2022
Three Sisters Garden Project $5,000 Ipswich, MA, US To Further The Exempt Purpose Of The Foundation 2022
Action Inc $55,000 Gloucester, MA, US To Further The Exempt Purpose Of The Foundation 2022
Amirah Inc $2,000 Woburn, MA, US To Further The Exempt Purpose Of The Foundation 2022
Cape Ann Kids Holiday Fund $1,000 Gloucester, MA, US To Further The Exempt Purpose Of The Foundation 2022
Cornerstone Creative $2,500 Gloucester, MA, US To Further The Exempt Purpose Of The Foundation 2022
Family Promise North Shore Boston $5,000 Beverly, MA, US To Further The Exempt Purpose Of The Foundation 2022
Friends Of Northshore Education Consortium $5,000 Beverly, MA, US To Further The Exempt Purpose Of The Foundation 2022
Generous Gardeners $515 Gloucester, MA, US To Further The Exempt Purpose Of The Foundation 2022
Global Iniatives Inc $500 Gloucester, MA, US To Further The Exempt Purpose Of The Foundation 2022
Gloucester Boxing $500 Danvers, MA, US To Further The Exempt Purpose Of The Foundation 2022
Gloucester Council On Aging $5,000 Gloucester, MA, US To Further The Exempt Purpose Of The Foundation 2022
Gloucester Housing Authority $60,000 Gloucester, MA, US To Further The Exempt Purpose Of The Foundation 2022
Gloucester Public Schools $60,000 Gloucester, MA, US To Further The Exempt Purpose Of The Foundation 2022
Hawc $10,000 Salem, MA, US To Further The Exempt Purpose Of The Foundation 2022
Lifebridge $5,000 Salem, MA, US To Further The Exempt Purpose Of The Foundation 2022
Nami Cape Ann $5,000 Gloucester, MA, US To Further The Exempt Purpose Of The Foundation 2022
Rockport Public Schools $4,000 Rockport, MA, US To Further The Exempt Purpose Of The Foundation 2022
Thatcher Island Association $1,000 Rockport, MA, US To Further The Exempt Purpose Of The Foundation 2022
Three Sisters Garden Project $5,000 Ipswich, MA, US To Further The Exempt Purpose Of The Foundation 2022
Action Inc $55,000 Gloucester, MA, US To Further The Exempt Purpose Of The Foundation 2022
Amirah Inc $2,000 Woburn, MA, US To Further The Exempt Purpose Of The Foundation 2022
Cape Ann Kids Holiday Fund $1,000 Gloucester, MA, US To Further The Exempt Purpose Of The Foundation 2022
Cornerstone Creative $2,500 Gloucester, MA, US To Further The Exempt Purpose Of The Foundation 2022
Family Promise North Shore Boston $5,000 Beverly, MA, US To Further The Exempt Purpose Of The Foundation 2022
Friends Of Northshore Education Consortium $5,000 Beverly, MA, US To Further The Exempt Purpose Of The Foundation 2022
Generous Gardeners $515 Gloucester, MA, US To Further The Exempt Purpose Of The Foundation 2022
Global Iniatives Inc $500 Gloucester, MA, US To Further The Exempt Purpose Of The Foundation 2022
Gloucester Boxing $500 Danvers, MA, US To Further The Exempt Purpose Of The Foundation 2022
Gloucester Council On Aging $5,000 Gloucester, MA, US To Further The Exempt Purpose Of The Foundation 2022
Gloucester Housing Authority $60,000 Gloucester, MA, US To Further The Exempt Purpose Of The Foundation 2022
Gloucester Public Schools $60,000 Gloucester, MA, US To Further The Exempt Purpose Of The Foundation 2022
Hawc $10,000 Salem, MA, US To Further The Exempt Purpose Of The Foundation 2022
Lifebridge $5,000 Salem, MA, US To Further The Exempt Purpose Of The Foundation 2022
Nami Cape Ann $5,000 Gloucester, MA, US To Further The Exempt Purpose Of The Foundation 2022
Rockport Public Schools $4,000 Rockport, MA, US To Further The Exempt Purpose Of The Foundation 2022
Thatcher Island Association $1,000 Rockport, MA, US To Further The Exempt Purpose Of The Foundation 2022
Three Sisters Garden Project $5,000 Ipswich, MA, US To Further The Exempt Purpose Of The Foundation 2022
Beverly Bootstraps $1,000 Beverly, MA, US To Further The Exempt Purpose Of The Foundation 2021
Gloucester Fund Inc $1,000 Gloucester, MA, US To Further The Exempt Purpose Of The Foundation 2021
Groundwork Lawrence Inc $37,500 Lawrence, MA, US To Further The Exempt Purpose Of The Foundation 2021
Nami Cape Ann $5,000 Gloucester, MA, US To Further The Exempt Purpose Of The Foundation 2021
Rockport Public Schools $4,000 Rockport, MA, US To Further The Exempt Purpose Of The Foundation 2021
Salem Pantry Inc $18,000 Salem, MA, US To Further The Exempt Purpose Of The Foundation 2021
Ymca Of Metro North $25,000 Peabody, MA, US To Further The Exempt Purpose Of The Foundation 2021
Ymca Of Newburyport $26,325 Newburyport, MA, US To Further The Exempt Purpose Of The Foundation 2021
Action Inc $20,000 Gloucester, MA, US To Further The Exempt Purpose Of The Foundation 2020
Beverly Bootstraps $5,000 Beverly, MA, US To Further The Exempt Purpose Of The Foundation 2020
Cornerstone Creative $4,000 Gloucester, MA, US To Further The Exempt Purpose Of The Foundation 2020
Essex County Community Foundation $5,000 Danvers, MA, US To Further The Exempt Purpose Of The Foundation 2020
Family Promise North Shore Boston $5,000 Beverly, MA, US To Further The Exempt Purpose Of The Foundation 2020
Gloucester Fund Inc $5,000 Gloucester, MA, US To Further The Exempt Purpose Of The Foundation 2020
Hawc $5,000 Salem, MA, US To Further The Exempt Purpose Of The Foundation 2020
Leap For Education Inc $2,000 Salem, MA, US To Further The Exempt Purpose Of The Foundation 2020
Lifebridge $5,000 Salem, MA, US To Further The Exempt Purpose Of The Foundation 2020
Nami Cape Ann $5,000 Gloucester, MA, US To Further The Exempt Purpose Of The Foundation 2020
Northeastern Arc $5,000 Danvers, MA, US To Further The Exempt Purpose Of The Foundation 2020
Rockport Public Schools $8,000 Rockport, MA, US To Further The Exempt Purpose Of The Foundation 2020
Salem Pantry Inc $25,000 Salem, MA, US To Further The Exempt Purpose Of The Foundation 2020
Three Sisters Garden Project $5,000 Ipswich, MA, US To Further The Exempt Purpose Of The Foundation 2020
Wellspring House $15,000 Gloucester, MA, US To Further The Exempt Purpose Of The Foundation 2020

Foundations Similar to Brace Cove Foundation Inc

Discover 5 foundations with comparable assets ($4,153,554-$4,289,683), similar grant patterns, and geographic focus in MA that may also align with your organization's funding needs and grant seeking strategy.

Foundation Name Total Assets Typical Grant Size Service Area Similarity Match

EIN: 20-3429592 | 50 grants awarded
$4,177,718
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$2,500
median grant
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Same state
100%
Excellent match

EIN: 36-7750534 | 44 grants awarded
$4,177,681
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$6,000
median grant
Boston, MA
Same state
100%
Excellent match

EIN: 01-0752786 | 296 grants awarded
$4,248,963
(≈ Similar)
$2,500
median grant
Concord, MA
Same state
100%
Excellent match

EIN: 04-6046761 | 276 grants awarded
$4,153,554
(≈ Similar)
$5,000
median grant
Boston, MA
Same state
99%
Excellent match

EIN: 04-6142795 | 30 grants awarded
$4,289,683
(≈ Similar)
$4,000
median grant
Boston, MA
Same state
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Excellent match

Contact Information

Official contact details for Brace Cove Foundation Inc as registered with the IRS. These details are essential for grant applications, correspondence, and due diligence processes.

EIN 81-0865242
Website N/A
Address 186 HESPERUS AVE Gloucester, MA 01930-3944

Key People (3)

Board members, trustees, and key staff who oversee Brace Cove Foundation Inc's grant making decisions and strategic direction. Understanding leadership composition can provide insights into foundation priorities and potential networking opportunities.

Director Walter Herlihy
Director Nancy Legendre
Manager Of Operations Lianna Sours

Forms 990-PF

IRS Form 990-PF filings provide comprehensive financial information, grant details, and operational data. These documents are essential resources for understanding foundation capacity, giving patterns, and strategic priorities.

Form 990-PF Research Tips
  • Review Part XV for detailed grant recipient information and funding purposes
  • Check Part I for total assets, annual giving amounts, and payout requirements
  • Examine Part VIII for key personnel compensation and board structure
  • Look for trends across multiple years to understand giving patterns

About This Foundation Profile

This comprehensive foundation profile for Brace Cove Foundation Inc is powered by Grant Bay's advanced foundation research platform. Our system analyzes IRS Form 990-PF filings, grant histories, and philanthropic patterns to provide nonprofit organizations with actionable intelligence for grant seeking success.

Data Sources & Accuracy

All information is derived from official IRS filings and public records. Grant Bay processes thousands of Form 990-PF documents to extract grant details, financial data, and organizational information. Data accuracy depends on foundation reporting quality and IRS filing completeness.

Research Applications

Use this profile for prospect research, grant strategy development, application preparation, and relationship building. Combine this data with additional research on foundation priorities, application processes, and board member backgrounds for comprehensive grant seeking strategies.

Data Currency: Last updated February 2026 based on IRS Form 990-PF filings. Foundation information reflects most recent available tax year data.