Obx Inc
Preselected recipients only
Obx Inc is a private foundation in Palm Beach, Florida. In tax year 2023 it gave $436,000 in 20 grants; the typical grant was $10,000 and the largest $65,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2023.
- Grants paid, 2023$436,000
- Number of grants20
- Typical grant$10,000
- Largest grant$65,000
- Assets$164,302
- New grantees79%
Giving in 2023 was down from $639,000 the year before.
79% of its 2023 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 | $639,000 | 26 | $18.9 million |
| 2023 | $436,000 | 20 | $164,302 |
How to apply
Obx 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.
What Obx Inc funds
Where it gives
Its grants went to recipients in 7 states, the most to Arizona.
| State | Grants | Amount |
|---|---|---|
| Arizona | 2 | $100,000 |
| Virginia | 3 | $85,000 |
| Connecticut | 2 | $85,000 |
| New York | 4 | $78,500 |
| Florida | 4 | $42,500 |
| District of Columbia | 1 | $25,000 |
| Tennessee | 4 | $20,000 |
Grants paid in 2023
| Recipient | Purpose | Amount |
|---|---|---|
| Salisbury School | Educational | $65,000 |
| Stand Foundation | Civic | $65,000 |
| North Shore Land Alliance | Civic | $50,000 |
| Turning Point USA | Religious | $50,000 |
| Turning Point USA | Civic | $50,000 |
| Cancer Research | Religious | $25,000 |
| Conservative Partnership Institute | Civic | $25,000 |
| Yale University | Civic | $20,000 |
| Cox Science Center Aquarium | Civic | $12,500 |
| Alec | Civic | $10,000 |
| Boys & Girls Clubs of Martin County | Civic | $10,000 |
| Episcopal High School | Civic | $10,000 |
| Hobe Sound Comm Chest | Civic | $10,000 |
| Palm Beach Day School | Civic | $10,000 |
| Julia Green PTO | Civic | $5,000 |
| Nashville Ballet | Civic | $5,000 |
| Nashville Zoo | Civic | $5,000 |
| St Georges Kindergarten | Civic | $5,000 |
| The Society of MSK | Civic | $2,000 |
| Central Park Conservancy | Medical | $1,500 |
Officers and trustees
- Oliver R Grace Jr
Questions people ask
Does Obx Inc accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Obx Inc give?
$436,000 in tax year 2023, across 20 grants, with a typical grant of $10,000.
Who runs Obx Inc?
Its 2023 filing lists Oliver R Grace Jr (President).
What does Obx Inc fund?
Based on its grants, mainly community development, education and faith communities.