Private foundation · EIN 11-3237003 · Brooklyn, New York · Philanthropy & grantmaking

Ace Foundation Inc

Should you approach them?

Don't send a cold proposal. The foundation reports that it only gives to preselected organizations; an introduction through a current grantee or board member is the realistic route.

From the 2024 Form 990-PF: 3 grants paid, $21K total, median $500. 67% of grants stayed in New York.

Accepts applications
No
per 990-PF Part XV
Grants paid, 2024
3
$21K
Median grant
$500
Stays in NY
67%
of grants
Deadline
—
Assets
$18M

Grants paid in 2024

3 grants, all shown · from Form 990-PF Part XV

RecipientPurposeAmount
Meor HatorahBrooklyn, NYGeneral Operating Budget$20K
Monroe Benevolent SocietyBoca Raton, FLGeneral Operating Budget$500
ToiremBrooklyn, NYGeneral Operating Budget$101

By state: New York 2 · Florida 1

About this foundation

Ace Foundation Inc is a private grantmaking foundation in Brooklyn, New York, tax-exempt since 1995. Private foundations must pay out roughly 5% of their assets each year, mostly as grants to 501(c)(3) public charities.

All filings on ProPublica

Does Ace Foundation Inc accept grant applications?

No. On its 2024 Form 990-PF the foundation checked that it only makes contributions to preselected organizations. Look for an introduction through a current grantee.

How much does Ace Foundation Inc give each year?

In tax year 2024 it paid $21K across 3 grants, a median of $500.

Where does Ace Foundation Inc give?

New York (2 grants), Florida (1 grants), per its latest filing.

More foundations near Brooklyn

All in New York
FoundationBased inGrants paidMedian grantAccepts applicationsAssets
Robert and Mercedes Eichholz Foundationsince 2012 Brooklyn, NY $3.7M103 grants · 2024 $10KPreselected only $71M
Gross Foundation Inc Brooklyn, NY $3.6M1 grants · 2025 $3.6MPreselected only $71M
Reb Ephraim Chaim and Miriam Rochel Klein Charitable Foundationsince 1990 Brooklyn, NY $2.1M1 grants · 2024 $2.1MPreselected only $49M
Joseph S & Diane H Steinberg 1992 Charitable Trustsince 1993 Brooklyn, NY $3.4M51 grants · 2024 $25KPreselected only $49M
Fund for Life Foundation Incsince 1996 Brooklyn, NY $1.5M34 grants · 2024 $1,125Preselected only $47M
Klein Family Foundationsince 2000 Brooklyn, NY $1.6M7 grants · 2024 $52KPreselected only $46M
Ohel Harav Yehoshua Boruch Foundationsince 1994 Brooklyn, NY $2.4M9 grants · 2024 $50KPreselected only $31M
An&r Foundationsince 2010 Brooklyn, NY $119K48 grants · 2024 $1,500Preselected only $28M
Email me matching grants