Brace Cove Foundation Inc
Invitation OnlyGloucester, Massachusetts · EIN 81-0865242 · Private foundation
Grants paid (2025)$148K
Organizations funded17
Typical grant$1,000
Total assets$5.2M
Half of its grants to organizations were between $1,000 and $1,000.
From the return
How to apply
On its return for tax year 2025 the foundation checked the box saying it only makes contributions to preselected charitable organizations and does not accept unsolicited requests for funds.
What it funds
Share of grant lines on the latest return, classified from the purpose each grant states.
Where it gives
5% of grants went outside Massachusetts.
Grants paid in tax year 2025
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| Gloucester Music Works | Gloucester, MA | For donee's exempt purpose | $126,000 |
| Lifebridge North Shore (Grace Center) | Salem, MA | For donee's exempt purpose | $5,000 |
| Three Sisters Garden Project Inc | Ipswich, MA | For donee's exempt purpose | $5,000 |
| Backyard Growers Inc | Gloucester, MA | For donee's exempt purpose | $1,000 |
| Better Together for Cape Ann Inc | Gloucester, MA | For donee's exempt purpose | $1,000 |
| Cape Ann Plein Air Inc | Essex, MA | For donee's exempt purpose | $1,000 |
| Gloucester Fraternity Club Inc | Gloucester, MA | For donee's exempt purpose | $1,000 |
| Kinship Farm Corporation | Hamilton, MA | For donee's exempt purpose | $1,000 |
| Lanes Coven Theater Company Inc | Gloucester, MA | For donee's exempt purpose | $1,000 |
| Magnolia Library Center Inc | Gloucester, MA | For donee's exempt purpose | $1,000 |
| Nami Cape Ann | Gloucester, MA | For donee's exempt purpose | $1,000 |
| Portsmouth Music and Arts Center Inc | Portsmouth, NH | For donee's exempt purpose | $1,000 |
| Rockport Exchange Corporation | Rockport, MA | For donee's exempt purpose | $1,000 |
| Winchester Community Music School Trust | Winchester, MA | For donee's exempt purpose | $1,000 |
| Jonathan Bayliss Society Inc | Gloucester, MA | For donee's exempt purpose | $500 |
| Manship Artists Residency | Gloucester, MA | For donee's exempt purpose | $500 |
| Rocky Neck Art Colony Inc | Gloucester, MA | For donee's exempt purpose | $500 |
Giving by year
| Tax year | Grants paid | Grant lines |
|---|---|---|
| 2025 | $148,500 | 17 |
| 2024 | $192,000 | 16 |
| 2023 | $191,000 | 12 |
Sources
- IRS Form 990-PF, tax year 2025, filed Jul 20, 2026 - IRS e-file batch, object ID 202632019349100033
- IRS Tax Exempt Organization Search for EIN 81-0865242
- Profile updated Nov 5, 2026
Facts on this page come from the foundation's own IRS Form 990-PF filings as published by the IRS. Grantvello does not know whether a foundation is accepting proposals right now: a past grant is not an open opportunity. Always confirm current guidelines with the funder before applying.