The Royce Family Fund makes a small number of very large, unrestricted gifts to a mix of higher education, youth-focused philanthropy, cultural institutions, and philanthropic intermediaries. Their grants are concentrated and general-purpose, suggesting preference for core support to established institutions rather than many small project-specific awards. Repeated grants to a handful of organizations indicate long-term relationships with select grantees.
Concentrated giving: few, very large unrestricted grants with repeat funding to select institutions; mix includes direct institutional support and use of donor-advised/charitable intermediaries.
Royce Family Fund Inc C/o Royce & Associates stands out for a pattern of large, unrestricted grants to established institutions rather than a long tail of small project awards. In the recent grants list, the largest gift is $1,000,000 to Fidelity Investments Charitable Gift Fund for general purposes, followed by $950,000 to Brown University for general purposes. The fund also returned to the same recipients across multiple years, including Hunter Foundation, Frick Collection, Ocean Community United Theater, Brown University, and Christ Church Greenwich, which points to sustained relationships rather than one-time support. Their portfolio crosses higher education, cultural institutions, youth-focused philanthropy, libraries, theaters, churches, and historic preservation groups. Several awards are framed as general operating or general-purpose support, reinforcing a broad-purpose giving style. The presence of program-related investments in the fund’s profile adds another dimension to how it deploys capital, alongside grantmaking. With annual grants of $10.8 million and assets just over $97.3 million, the fund operates at a substantial scale while keeping a concentrated grant pattern.
Higher education is one clear area of support. Royce Family Fund Inc C/o Royce & Associates gave $950,000 to Brown University in 2023 and another $495,000 in 2025, both for general purposes. Youth-oriented philanthropy also appears in the record. The fund awarded $834,127 in 2025 to Hunter Foundation and $629,000 in 2023 to the same organization, again for general purposes. Cultural and civic institutions are another consistent thread. In 2025, they gave $538,400 to Frick Collection for general purposes, while Ocean Community United Theater received $386,000 in 2025 after a $350,134 grant in 2023. Library and garden support also shows up in awards such as $300,000 to New York Botanical Garden in 2023 and $148,800 to New York Public Library in 2023.
Typical grant size is relatively small compared with the fund’s largest awards: the 25th percentile is $1,500, the median is $5,000, and the 75th percentile is $25,000. That spread sits alongside a handful of much larger grants, which means the distribution is skewed toward modest awards with select large exceptions. The foundation is a regular funder and appears to favor repeat relationships: Brown University, Hunter Foundation, Frick Collection, Ocean Community United Theater, and Christ Church Greenwich each appear more than once in the recent-grants record. Awards are often listed as general purposes, and the profile also identifies program-related investments.
$5.9M
$97.4M
$4.6M
$6.5M
Most grants fall between $2K and $25K, with a median of $5K.
25th Percentile
$2K
Median
$5K
75th Percentile
$25K
About 29% of grants go to recipients in NY.
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Notable grantees: Brown University, Hunter Foundation, The Frick Collection, Fidelity Investments Charitable Gift Fund
Grants are regional and land entirely in the United States. New York is the top state by grant count, while Connecticut receives 28% of grants and includes multiple recipients in Greenwich, New Haven, and Meriden. Other visible clusters include Rhode Island, with recipients in Providence, Westerly, and Newport-area institutions, plus a smaller set in Florida and Texas. Recipient cities that appear repeatedly include New York, Greenwich, Westerly, and Bronx.
The recent record shows broad-purpose support for universities, youth-focused philanthropy, museums, libraries, theaters, churches, and historic preservation groups. Examples include Brown University, Hunter Foundation, Frick Collection, New York Public Library, and National Trust for Historic Preservation, with many awards labeled general purposes.
Yes. Several recipients appear in multiple years, including Brown University, Hunter Foundation, Frick Collection, Ocean Community United Theater, and Christ Church Greenwich. That pattern suggests ongoing relationships rather than one-off grants only.
The grant-size distribution is compact at the lower end: the 25th percentile is $1,500, the median is $5,000, and the 75th percentile is $25,000. At the same time, the recent record includes much larger gifts such as $1,000,000 and $950,000.
New York is the top state by grant count. Connecticut is also a major recipient state, accounting for 28% of grants, with recipients in Greenwich, New Haven, and Meriden. The full grant record is domestic, with 216 grants to U.S. recipients.
2025
Source: IRS Form 990-PF, fiscal year 2025.
Most recent grants reported to the IRS.
| Recipient | Location | Amount | Year | Purpose |
|---|---|---|---|---|
| FIDELITY INVESTMENTS CHARITABLE GIFT FUND | BOSTON, MA | $1,000,000 | 2025 | GENERAL PURPOSES |
| HUNTER FOUNDATION | TANNERSVILLE, NY | $834,127 | 2025 | GENERAL PURPOSES |
| FRICK COLLECTION | NEW YORK, NY | $538,400 | 2025 | GENERAL PURPOSES |
| BROWN UNIVERSITY | PROVIDENCE, RI | $495,000 | 2025 | GENERAL PURPOSES |
| OCEAN COMMUNITY UNITED THEATER | WESTERLY, RI | $386,000 | 2025 | GENERAL PURPOSES |
| KNICKERBOCKER MUSIC CENTER INC | WESTERLY, RI | $283,425 | 2025 | GENERAL PURPOSES |
| AVON THEATER FILM CENTER INC | GREENWHICH, CT | $276,423 | 2025 | GENERAL PURPOSES |
| BRUCE MUSEUM | GREENWICH, CT | $225,000 | 2025 | GENERAL PURPOSES |
| NEW YORK BOTANICAL GARDEN | BRONX, NY | $130,000 | 2025 | GENERAL PURPOSES |
| FILMMAKERS | NEW YORK, NY | $126,000 | 2025 | GENERAL PURPOSES |
| COMPASS ROSE SOCIETY | HOUSTON, TX | $115,000 | 2025 | GENERAL PURPOSES |
| CHRIST CHURCH GREENWICH | GREENWICH, CT | $111,000 | 2025 | GENERAL PURPOSES |
| PRESERVATION FOUNDATION OF PALM BEACH | PALM BEACH, FL | $89,700 | 2025 | GENERAL PURPOSES |
| ST BARNABAS EPSICOPAL CHURCH | GREENWICH, CT | $75,000 | 2025 | GENERAL PURPOSES |
| BERKELEY DIVINITY SCHOOL | NEW HAVEN, CT | $65,000 | 2025 | GENERAL PURPOSES |
| THE PUBLIC RADIO | NEW YORK, NY | $65,000 | 2025 | GENERAL PURPOSES |
| CATHEDRAL OF ST JOHN THE DIVINE | NEW YORK, NY | $60,000 | 2025 | GENERAL PURPOSES |
| NEW YORK PUBLIC LIBRARY | NEW YORK, NY | $58,800 | 2025 | GENERAL PURPOSES |
| COLONIAL THEATRE | WESTERLY, RI | $50,000 | 2025 | GENERAL PURPOSES |
| STANWICH CHURCH | GREENWICH, CT | $50,000 | 2025 | GENERAL PURPOSES |
| MUSEUM OF AMERICAN FINANCE | NEW YORK, NY | $41,600 | 2025 | GENERAL PURPOSES |
| MOUNTAIN TOP LIBRARY | TANNERSVILLE, NY | $40,000 | 2025 | GENERAL PURPOSES |
| GARDEN CONSERVANCY | GARRISON, NY | $36,200 | 2025 | GENERAL PURPOSES |
| NEW ENGLAND SCIENCE & SAILING FOUNDATION | STONINGTON, CT | $30,170 | 2025 | GENERAL PURPOSES |
| GREENWICH LIBRARY | GREENWICH, CT | $30,000 | 2025 | GENERAL PURPOSES |
| SYDA FOUNDATION | SO FALLSBURG, NY | $25,000 | 2025 | GENERAL PURPOSES |
| SOCIETY OF THE FOUR ARTS | PALM BEACH, FL | $25,000 | 2025 | GENERAL PURPOSES |
| FOOD RESCUE US | STAMFORD, CT | $25,000 | 2025 | GENERAL PURPOSES |
| ROYCE KITTLE FAMILY FUND | GREENWHICH, CT | $25,000 | 2025 | GENERAL PURPOSES |
| INTERNATIONAL GENEROSITY FOUNDATION | CLEARWATER, FL | $25,000 | 2025 | GENERAL PURPOSES |
| PRASAD | FERNDALE, NY | $25,000 | 2025 | GENERAL PURPOSES |
| PARTNERSHIP SCHOOLS | NEW YORK, NY | $25,000 | 2025 | GENERAL PURPOSES |
| AMERICAN FILM INSTITUTE | LOS ANGELES, CA | $25,000 | 2025 | GENERAL PURPOSES |
| USS GROTON SAIL FOUNDATION | GROTON, CT | $25,000 | 2025 | GENERAL PURPOSES |
| UNITED THEATER EDUCATION CENTER | WESTERLY, RI | $25,000 | 2025 | GENERAL PURPOSES |
| LIVING CHURCH | CONGERS, NY | $25,000 | 2025 | GENERAL PURPOSES |
| GREENWICH RIDING & TRAILS ASSOCIATION INC | GREENWICH, CT | $22,000 | 2025 | GENERAL PURPOSES |
| WYCLIFFE COLLEGE | NEW YORK, NY | $20,000 | 2025 | GENERAL PURPOSES |
| AMERICAN FRIENDS OF THE ARCHBISHOP OF CANTERBURY'S ACF INC | GREENWICH, CT | $20,000 | 2025 | GENERAL PURPOSES |
| EPISCOPAL CHURCH OF CT | MERIDEN, CT | $20,000 | 2025 | GENERAL PURPOSES |
| PRINCESS GRACE FOUNDATION-USA | NEW YORK, NY | $19,834 | 2025 | GENERAL PURPOSES |
| GREENWICH HOSPITAL | GREENWICH, CT | $19,400 | 2025 | GENERAL PURPOSES |
| TRINITY REPERTORY COMPANY | PROVIDENCE, RI | $15,000 | 2025 | GENERAL PURPOSES |
| TELEMACHUS | GREENWICH, CT | $15,000 | 2025 | GENERAL PURPOSES |
| HOLY TRINITY EPISCOPAL CHURCH | WEST PALM BEACH, FL | $15,000 | 2025 | GENERAL PURPOSES |
| OCEAN COMMUNITY YMCA | WESTERLY, RI | $15,000 | 2025 | GENERAL PURPOSES |
| PRESERVATION SOCIETY OF NEWPORT COUNTY | NEWPORT, RI | $13,500 | 2025 | GENERAL PURPOSES |
| GREENWICH TOWN PARTY | OLD GREENWICH, CT | $12,000 | 2025 | GENERAL PURPOSES |
| URBAN RESOURCE INSTITUTE | NEW YORK, NY | $11,000 | 2025 | GENERAL PURPOSES |
| COTA | BLOOMINGTON, IN | $10,000 | 2025 | GENERAL PURPOSES |
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$1,000,000GENERAL PURPOSES
HUNTER FOUNDATION
$834,127GENERAL PURPOSES
FRICK COLLECTION
$538,400GENERAL PURPOSES
BROWN UNIVERSITY
$495,000GENERAL PURPOSES
OCEAN COMMUNITY UNITED THEATER
$386,000GENERAL PURPOSES
KNICKERBOCKER MUSIC CENTER INC
$283,425GENERAL PURPOSES
AVON THEATER FILM CENTER INC
$276,423GENERAL PURPOSES
BRUCE MUSEUM
$225,000GENERAL PURPOSES
FILMMAKERS
$126,000GENERAL PURPOSES
COMPASS ROSE SOCIETY
$115,000GENERAL PURPOSES
CHRIST CHURCH GREENWICH
$111,000GENERAL PURPOSES
ST BARNABAS EPSICOPAL CHURCH
$75,000GENERAL PURPOSES
BERKELEY DIVINITY SCHOOL
$65,000GENERAL PURPOSES
THE PUBLIC RADIO
$65,000GENERAL PURPOSES
CATHEDRAL OF ST JOHN THE DIVINE
$60,000GENERAL PURPOSES
COLONIAL THEATRE
$50,000GENERAL PURPOSES
STANWICH CHURCH
$50,000GENERAL PURPOSES
MUSEUM OF AMERICAN FINANCE
$41,600GENERAL PURPOSES
MOUNTAIN TOP LIBRARY
$40,000GENERAL PURPOSES
SYDA FOUNDATION
$25,000GENERAL PURPOSES
ROYCE KITTLE FAMILY FUND
$25,000GENERAL PURPOSES
PRASAD
$25,000GENERAL PURPOSES
USS GROTON SAIL FOUNDATION
$25,000GENERAL PURPOSES
UNITED THEATER EDUCATION CENTER
$25,000GENERAL PURPOSES
LIVING CHURCH
$25,000GENERAL PURPOSES
GREENWICH RIDING & TRAILS ASSOCIATION INC
$22,000GENERAL PURPOSES
WYCLIFFE COLLEGE
$20,000GENERAL PURPOSES
AMERICAN FRIENDS OF THE ARCHBISHOP OF CANTERBURY'S ACF INC
$20,000GENERAL PURPOSES
EPISCOPAL CHURCH OF CT
$20,000GENERAL PURPOSES
TELEMACHUS
$15,000GENERAL PURPOSES
HOLY TRINITY EPISCOPAL CHURCH
$15,000GENERAL PURPOSES
PRESERVATION SOCIETY OF NEWPORT COUNTY
$13,500GENERAL PURPOSES
URBAN RESOURCE INSTITUTE
$11,000GENERAL PURPOSES
COTA
$10,000GENERAL PURPOSES