The Gracias Family Foundation makes a very small number of very large, unrestricted grants primarily to other foundations, philanthropic intermediaries, and a major higher-education institution. Its giving emphasizes general operating support rather than program-specific funding, suggesting a preference for flexible capital to trusted organizations and grantmaking vehicles. The foundation appears focused on amplifying philanthropic capacity and supporting institutional stability rather than direct service delivery.
Highly concentrated: very few, very large unrestricted grants concentrated in a single cycle to institutional grantees and intermediaries rather than many small awards; favors repeat-style institutional support over project-specific funding.
Gracias Family Foundation’s recent grantmaking is marked by very large unrestricted awards to institutions that support other organizations, higher education, and philanthropic infrastructure. The largest grant in the recent record is $15,000,000 to Ortus Foundation for general operating expenses in its entirety, followed by $10,000,000 to Atreides Foundation Fund LP for the same purpose. Those two gifts show the scale of the foundation’s work and its preference for flexible support rather than restricted project funding. In 2025, the pattern continues with a $3,162,500 grant to Harvard College Trust and a $2,000,000 grant to CAF America, both designated for general operating expenses in their entirety. The foundation also gave $1,900,000 to Johns Hopkins University and $1,300,000 to Georgetown University Giving, reinforcing a portfolio that includes major universities alongside grantmaking vehicles and intermediaries. Across the recent grants list, the common thread is institutional support delivered through large, unrestricted awards.
A central theme is philanthropic infrastructure. Gracias Family Foundation gave $2,000,000 to CAF America and previously awarded $250,000 to CAF America, both for general operating expenses in their entirety. That same infrastructure-oriented approach appears in support for foundation entities such as Ortus Foundation and Atreides Foundation Fund LP. Higher education is another clear area of support. The foundation awarded $3,162,500 to Harvard College Trust, $1,900,000 to Johns Hopkins University, and $1,300,000 to Georgetown University Giving, all for general operating expenses in their entirety. It also supported the University of Chicago with $1,000,000 and $1,025,000 in earlier giving. A third thread is support for organizations with broad institutional missions, including Aspen Institute at $350,000 and $542,505, both unrestricted. These grants point to a preference for flexible funding to established organizations rather than program-specific projects.
Typical grant size is large: the 25th percentile is $250,000, the median is $500,000, and the 75th percentile is $937,500. The recent record also shows a few outliers far above that range, including eight- and seven-figure awards. Grants recur across years for some recipients: Georgetown University Giving, Johns Hopkins University, University of Chicago, Aspen Institute, CAF America, Big Green, Eagle Hill Foundation of Mass Inc, and Phillips Academy each appear in both 2023 and 2025. The foundation is classified as a regular funder, not a DAF, and it does not fund individuals or make program-related investments. Most awards are described as general operating expenses in their entirety, indicating unrestricted support.
$12M
$90.7M
$8.9M
$12.9M
Most grants fall between $250K and $938K, with a median of $500K.
25th Percentile
$250K
Median
$500K
75th Percentile
$938K
Top 2 recipient countries by grant volume for Gracias Family Foundation.
| Rank | Country | Grants | Total | Share |
|---|---|---|---|---|
| 1 | United StatesDomestic | 49 | $60.7M | 98.0% |
| 2 | Canada |
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Notable grantees: Ortus Foundation, Atreides Foundation Fund LP, Harvard College Trust, CAF America
Grant recipients are spread nationally, with the top state by grant count being California. Illinois recipients make up 17% of grants, reflecting a notable concentration in the HQ state but not the majority of giving. Recent recipient cities include Chicago, Washington, DC, Boston, Alexandria, Baltimore, and New York. The list also reaches beyond the largest coastal hubs to places such as Jacksonville? Wait, no Jacksonville is not in the data, so omit it. Outside Illinois and California, the foundation’s recent grants include recipients in Wyoming, Virginia, Florida, Colorado, Massachusetts, New Mexico, Nevada, and Louisiana.
The recent grants are directed mainly to foundations and philanthropic intermediaries, universities, and other institutions with broad operating needs. Examples in the record include Ortus Foundation, Atreides Foundation Fund LP, CAF America, Harvard College Trust, Johns Hopkins University, Georgetown University Giving, and the University of Chicago, almost always for general operating expenses in their entirety.
The foundation’s grant sizes are large. The 25th percentile is $250,000, the median is $500,000, and the 75th percentile is $937,500. The recent list also includes multi-million-dollar grants, showing that the foundation often operates at a scale above the median charitable grant.
Yes. Several recipients appear in both 2023 and 2025, including Georgetown University Giving, Johns Hopkins University, University of Chicago, Aspen Institute, CAF America, Big Green, Eagle Hill Foundation of Mass Inc, and Phillips Academy. That pattern suggests ongoing relationships rather than one-time awards only.
The foundation gives nationally. California is the top state by grant count, while Illinois accounts for 17% of grants. Recent recipient locations also include Chicago, Washington, DC, Boston, Alexandria, Baltimore, New York, Boulder, Hardwick, Menlo Park, Reno, and New Orleans.
2025
Source: IRS Form 990-PF, fiscal year 2025.
| 1 |
| $200K |
2.0% |
Recipient country reflects the grantee's headquarters per IRS 990-PF and Schedule F filings, not the program's implementation country.
Most recent grants reported to the IRS.
| Recipient | Location | Amount | Year | Purpose |
|---|---|---|---|---|
| HARVARD COLLEGE TRUST | NEW YORK, NY | $3,162,500 | 2025 | GENERAL OPERATING EXPENSES IN ITS ENTIRETY. |
| CAF AMERICA | ALEXANDRIA, VA | $2,000,000 | 2025 | GENERAL OPERATING EXPENSES IN ITS ENTIRETY. |
| JOHNS HOPKINS UNIVERSITY | BALTIMORE, MD | $1,900,000 | 2025 | GENERAL OPERATING EXPENSES IN ITS ENTIRETY. |
| GEORGETOWN UNIVERSITY GIVING | WASHINGTON, DC | $1,300,000 | 2025 | GENERAL OPERATING EXPENSES IN ITS ENTIRETY. |
| INVEST AMERICA CHARITABLE FOUNDATION | MENLO PARK, CA | $1,000,000 | 2025 | GENERAL OPERATING EXPENSES IN ITS ENTIRETY. |
| UNIVERSITY OF CHICAGO | CHICAGO, IL | $1,000,000 | 2025 | GENERAL OPERATING EXPENSES IN ITS ENTIRETY. |
| EAGLE HILL FOUNDATION OF MASS INC | HARDWICK, MA | $500,000 | 2025 | GENERAL OPERATING EXPENSES IN ITS ENTIRETY. |
| ASPEN INSTITUTE | WASHINGTON, DC | $350,000 | 2025 | GENERAL OPERATING EXPENSES IN ITS ENTIRETY. |
| SIERRA ARTS FOUNDATION | RENO, NV | $250,000 | 2025 | GENERAL OPERATING EXPENSES IN ITS ENTIRETY. |
| BIG GREEN | BOULDER, CO | $250,000 | 2025 | GENERAL OPERATING EXPENSES IN ITS ENTIRETY. |
| PHILLIPS ACADEMY | CHICAGO, IL | $100,000 | 2025 | GENERAL OPERATING EXPENSES IN ITS ENTIRETY. |
| UCS FOUNDATION | STERLING HEIGHTS, MI | $100,000 | 2025 | GENERAL OPERATING EXPENSES IN ITS ENTIRETY. |
| IMPACTASSETS | BETHESDA, MD | $50,000 | 2025 | GENERAL OPERATING EXPENSES IN ITS ENTIRETY. |
| LSU HEALTH FOUNDATION | NEW ORLEANS, LA | $50,000 | 2025 | GENERAL OPERATING EXPENSES IN ITS ENTIRETY. |
| FIRST DESCENTS | DENVER, CO | $20,000 | 2025 | GENERAL OPERATING EXPENSES IN ITS ENTIRETY. |
| HARVARD COLLEGE TRUST | NEW YORK, NY | $9,162,500 | 2024 | GENERAL OPERATING EXPENSES IN ITS ENTIRETY. |
| UNIVERSITY OF CHICAGO | CHICAGO, IL | $1,100,000 | 2024 | GENERAL OPERATING EXPENSES IN ITS ENTIRETY. |
| GEORGETOWN UNIVERSITY GIVING | WASHINGTON, DC | $1,000,000 | 2024 | GENERAL OPERATING EXPENSES IN ITS ENTIRETY. |
| JOHNS HOPKINS UNIVERSITY | BALTIMORE, MD | $1,000,000 | 2024 | GENERAL OPERATING EXPENSES IN ITS ENTIRETY. |
| THE FILM COLLABORATIVE INC | LOS ANGELES, CA | $1,000,000 | 2024 | GENERAL OPERATING EXPENSES IN ITS ENTIRETY. |
| PARKINSONS RESEARCH AND EDUCATION FOUNDATION INC | BOCA RATON, FL | $600,000 | 2024 | GENERAL OPERATING EXPENSES IN ITS ENTIRETY. |
| EAGLE HILL FOUNDATION OF MASS INC | HARDWICK, MA | $500,000 | 2024 | GENERAL OPERATING EXPENSES IN ITS ENTIRETY. |
| SHADY GROVE ADVENTIST HOSPITAL FOUNDATION INC | GAITHERSBURG, MD | $450,000 | 2024 | GENERAL OPERATING EXPENSES IN ITS ENTIRETY. |
| ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI | NEW YORK, NY | $415,000 | 2024 | GENERAL OPERATING EXPENSES IN ITS ENTIRETY. |
| ASPEN INSTITUTE | WASHINGTON, DC | $300,000 | 2024 | GENERAL OPERATING EXPENSES IN ITS ENTIRETY. |
| BIG GREEN | BOULDER, CO | $250,000 | 2024 | GENERAL OPERATING EXPENSES IN ITS ENTIRETY. |
| MAKEWAY FOUNDATION | VANCOUVER, BR | $200,000 | 2024 | GENERAL OPERATING EXPENSES IN ITS ENTIRETY. |
| PHILLIPS ACADEMY | CHICAGO, IL | $100,000 | 2024 | GENERAL OPERATING EXPENSES IN ITS ENTIRETY. |
| FRACTURED ATLAS | HARTSDALE, NY | $36,478 | 2024 | GENERAL OPERATING EXPENSES IN ITS ENTIRETY. |
| BIG SHOULDERS FUND | CHICAGO, IL | $25,000 | 2024 | GENERAL OPERATING EXPENSES IN ITS ENTIRETY. |
| FIRST DESCENTS | DENVER, CO | $25,000 | 2024 | GENERAL OPERATING EXPENSES IN ITS ENTIRETY. |
| IMPERIAL COLLEGE FOUNDATION INC | ATLANTA, GA | $25,000 | 2024 | GENERAL OPERATING EXPENSES IN ITS ENTIRETY. |
| Ortus Foundation | Jackson, WY | $15,000,000 | 2023 | General operating expenses in its entirety. |
| Atreides Foundation Fund LP | Boston, MA | $10,000,000 | 2023 | General operating expenses in its entirety. |
| Georgetown University Giving | Washington, DC | $1,175,000 | 2023 | General operating expenses in its entirety. |
| University of Chicago | Chicago, IL | $1,025,000 | 2023 | General operating expenses in its entirety. |
| Johns Hopkins University | Baltimore, MD | $1,000,000 | 2023 | General operating expenses in its entirety. |
| Committee for Open Democracy | Bradenton, FL | $750,000 | 2023 | General operating expenses in its entirety. |
| Icahn School of Medicine at Mount S | New York, NY | $585,000 | 2023 | General operating expenses in its entirety. |
| Aspen Institute | Washington, DC | $542,505 | 2023 | General operating expenses in its entirety. |
| Nova Ukraine | San Jose, CA | $500,000 | 2023 | General operating expenses in its entirety. |
| Chicago CRED | Palo Alto, CA | $500,000 | 2023 | General operating expenses in its entirety. |
| Big Green | Boulder, CO | $350,000 | 2023 | General operating expenses in its entirety. |
| Imperial College Foundation Inc | Atlanta, GA | $290,954 | 2023 | General operating expenses in its entirety. |
| Wolcott College Prep | Chicago, IL | $250,000 | 2023 | General operating expenses in its entirety. |
| CAF America | Alexandria, VA | $250,000 | 2023 | General operating expenses in its entirety. |
| Fractured Atlas | Hartsdale, NY | $179,348 | 2023 | General operating expenses in its entirety. |
| Phillips Academy | Chicago, IL | $100,000 | 2023 | General operating expenses in its entirety. |
| Eagle Hill Foundation of Mass Inc | Hardwick, MA | $100,000 | 2023 | General operating expenses in its entirety. |
| Multidisciplinary Association Psych | San Jose, CA | $50,000 | 2023 | General operating expenses in its entirety. |
HARVARD COLLEGE TRUST
$3,162,500GENERAL OPERATING EXPENSES IN ITS ENTIRETY.
JOHNS HOPKINS UNIVERSITY
$1,900,000GENERAL OPERATING EXPENSES IN ITS ENTIRETY.
GEORGETOWN UNIVERSITY GIVING
$1,300,000GENERAL OPERATING EXPENSES IN ITS ENTIRETY.
INVEST AMERICA CHARITABLE FOUNDATION
$1,000,000GENERAL OPERATING EXPENSES IN ITS ENTIRETY.
GENERAL OPERATING EXPENSES IN ITS ENTIRETY.
GENERAL OPERATING EXPENSES IN ITS ENTIRETY.
PHILLIPS ACADEMY
$100,000GENERAL OPERATING EXPENSES IN ITS ENTIRETY.
UCS FOUNDATION
$100,000GENERAL OPERATING EXPENSES IN ITS ENTIRETY.
HARVARD COLLEGE TRUST
$9,162,500GENERAL OPERATING EXPENSES IN ITS ENTIRETY.
GEORGETOWN UNIVERSITY GIVING
$1,000,000GENERAL OPERATING EXPENSES IN ITS ENTIRETY.
PARKINSONS RESEARCH AND EDUCATION FOUNDATION INC
$600,000GENERAL OPERATING EXPENSES IN ITS ENTIRETY.
EAGLE HILL FOUNDATION OF MASS INC
$500,000GENERAL OPERATING EXPENSES IN ITS ENTIRETY.
GENERAL OPERATING EXPENSES IN ITS ENTIRETY.
GENERAL OPERATING EXPENSES IN ITS ENTIRETY.
MAKEWAY FOUNDATION
$200,000GENERAL OPERATING EXPENSES IN ITS ENTIRETY.
PHILLIPS ACADEMY
$100,000GENERAL OPERATING EXPENSES IN ITS ENTIRETY.
Ortus Foundation
$15,000,000General operating expenses in its entirety.
Atreides Foundation Fund LP
$10,000,000General operating expenses in its entirety.
Georgetown University Giving
$1,175,000General operating expenses in its entirety.
Committee for Open Democracy
$750,000General operating expenses in its entirety.
General operating expenses in its entirety.
Chicago CRED
$500,000General operating expenses in its entirety.
Phillips Academy
$100,000General operating expenses in its entirety.
Eagle Hill Foundation of Mass Inc
$100,000General operating expenses in its entirety.
Multidisciplinary Association Psych
$50,000General operating expenses in its entirety.