Brace Cove Foundation Inc
Preselected recipients only
Brace Cove Foundation Inc is a private foundation in Gloucester, Massachusetts. In tax year 2025 it gave $148,500 in 17 grants; the typical grant was $1,000 and the largest $126,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$148,500
- Number of grants17
- Typical grant$1,000
- Largest grant$126,000
- Assets$5.2 million
- New grantees88%
Giving in 2025 was down from $192,000 the year before.
88% of its 2025 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 |
|---|---|---|---|
| 2023 | $191,000 | 12 | $4.2 million |
| 2024 | $192,000 | 16 | $5.3 million |
| 2025 | $148,500 | 17 | $5.2 million |
How to apply
Brace Cove 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.
What Brace Cove Foundation Inc funds
Where it gives
Its grants went to recipients in 2 states, the most to Massachusetts.
| State | Grants | Amount |
|---|---|---|
| Massachusetts | 16 | $147,500 |
| New Hampshire | 1 | $1,000 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| Gloucester Music Works | For donee's exempt purpose | $126,000 |
| Lifebridge North Shore (Grace Center) | For donee's exempt purpose | $5,000 |
| Three Sisters Garden Project Inc | For donee's exempt purpose | $5,000 |
| Backyard Growers Inc | For donee's exempt purpose | $1,000 |
| Better Together for Cape Ann Inc | For donee's exempt purpose | $1,000 |
| Cape Ann Plein Air Inc | For donee's exempt purpose | $1,000 |
| Gloucester Fraternity Club Inc | For donee's exempt purpose | $1,000 |
| Kinship Farm Corporation | For donee's exempt purpose | $1,000 |
| Lanes Coven Theater Company Inc | For donee's exempt purpose | $1,000 |
| Magnolia Library Center Inc | For donee's exempt purpose | $1,000 |
| NAMI Cape Ann | For donee's exempt purpose | $1,000 |
| Portsmouth Music and Arts Center Inc | For donee's exempt purpose | $1,000 |
| Rockport Exchange Corporation | For donee's exempt purpose | $1,000 |
| Winchester Community Music School Trust | For donee's exempt purpose | $1,000 |
| Jonathan Bayliss Society Inc | For donee's exempt purpose | $500 |
| Manship Artists Residency | For donee's exempt purpose | $500 |
| Rocky Neck Art Colony Inc | For donee's exempt purpose | $500 |
Officers and trustees
- Walter Herlihy
- Nancy Legendre
- Lianna Sours
Questions people ask
Does Brace Cove Foundation Inc accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Brace Cove Foundation Inc give?
$148,500 in tax year 2025, across 17 grants, with a typical grant of $1,000.
Who runs Brace Cove Foundation Inc?
Its 2025 filing lists Walter Herlihy (Director), Nancy Legendre (Director) and Lianna Sours (Manager of Operations).
What does Brace Cove Foundation Inc fund?
Based on its grants, mainly arts and culture and education.