Practice Foundation Inc
Preselected recipients only
Practice Foundation Inc is a private foundation in Mystic, Connecticut. In tax year 2024 it gave $22,500 in 4 grants; the typical grant was $6,000 and the largest $10,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$22,500
- Number of grants4
- Typical grant$6,000
- Largest grant$10,000
- Assets$258,423
- New grantees50%
Giving in 2024 was up from $16,000 the year before.
50% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2022 | $12,500 | 1 | $352,078 |
| 2023 | $16,000 | 2 | $256,268 |
| 2024 | $22,500 | 4 | $258,423 |
How to apply
Practice Foundation Inc says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
Where it gives
All of its grants went to recipients in Connecticut.
| State | Grants | Amount |
|---|---|---|
| Connecticut | 4 | $22,500 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| St Edmunds Retreat Inc | Operations | $10,000 |
| Eastern Connecticut Community Gardens Association | Operations | $7,000 |
| Mystic Seaport | Operations | $5,000 |
| Clovc | Operations | $500 |
Officers and trustees
- Allan R Schuman
Questions people ask
Does Practice Foundation Inc accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Practice Foundation Inc give?
$22,500 in tax year 2024, across 4 grants, with a typical grant of $6,000.
Who runs Practice Foundation Inc?
Its 2024 filing lists Allan R Schuman (President).