Gracias Family Foundation
At a glance
This funder does not accept unsolicited applications. The foundation chooses the organisations it funds itself.
Key takeaways
- Gracias Family Foundation funds scientific research into the therapeutic possibilities of psychedelics and otherwise gives general operating support to universities, charitable foundations and other nonprofit organisations, so a small charity should only approach if its work fits the psychedelic research field or it can offer unrestricted general operating support.
- The foundation states that it does not accept unsolicited requests and operates by invitation only, so cold applications are not the way in; relationship-building or an existing connection matters, and this is reinforced by the fact that 88% of its grant dollars went to organisations it had already funded in the previous two filings.
- A realistic request size would be modest to mid-sized: the median grant was $415,000, and about 8 in 10 of the 50 grants to organisations fell between $36,000 and $1,900,000, though one grant of $15,000,000 went to Ortus Foundation, an organisation that itself regrants to others, which is not typical.
- No geographic focus is stated, so location should not be assumed to be a barrier or a requirement.
- Given the invitation-only process, smaller organisations without prior contact should not expect to apply directly but could focus on becoming known to the foundation first.
Overview
Gracias Family Foundation is a US private foundation based in Chicago, IL.
What they fund
Profile derived from the foundation's IRS Form 990-PF filings (TY2024, TY2023, TY2022) and web pages about the foundation (news.harvard.edu), with every statement checked against those sources. Sources read on 7 October 2026.
Priority Areas
The foundation describes a longstanding interest in the therapeutic possibilities of psychedelics, funding scientific research into efficacy and treatment methods. Its filings record grants as general operating support to organisations, including universities, charitable foundations and other nonprofit organisations. The grant record spans a range of recipient types and locations across the United States, rather than identifying one shared project purpose: the stated purpose is general operating support in its entirety. Alongside this broad organisational giving, the foundation’s stated psychedelic interest is its clearest named field.
Themes
- Psychedelic research
Geographic Focus
No geographic focus is stated; the filings show grants mainly in Wyoming, New York, Massachusetts, District of Columbia and Maryland.
How to apply
The foundation states that it does not accept unsolicited requests.
Application success factors
- Repeat giving: In its TY2024 filing, 88% of its grant dollars to organisations went to organisations it had also funded in its TY2022 or TY2023 filing.
- Grant size: Across its TY2022, TY2023 and TY2024 filings, half of its 50 grants to organisations were $415,000 or less.
Where grants go
From grants to organisations in the foundation’s filings for tax years 2022–2024.
Grant dollars by state
6 other states: 13%
- The largest single recipient received 25% of grant dollars to organisations.
- In tax year 2024, 88% of grant dollars went to organisations Gracias Family Foundation had funded in earlier filings.
- No grants were paid directly to organisations outside the US.
- 49% of grant dollars went to intermediaries that regrant to other organisations.
Grants
How much do they typically give?
Share of 15 grants in tax year 2024 by size
Median $350k (tax year 2024)
The largest grants to organisations in the foundation’s latest filing:
- Harvard College Trust · General operating expenses in its entirety.$3,162,5002024 tax year
- Caf America · General operating expenses in its entirety.$2,000,0002024 tax year
- Johns Hopkins University · General operating expenses in its entirety.$1,900,0002024 tax year
- Georgetown University Giving · General operating expenses in its entirety.$1,300,0002024 tax year
- University of Chicago · General operating expenses in its entirety.$1,000,0002024 tax year
- Invest America Charitable Foundation · General operating expenses in its entirety.$1,000,0002024 tax year
- Eagle Hill Foundation of Massachusetts · General operating expenses in its entirety.$500,0002024 tax year
- Aspen Institute · General operating expenses in its entirety.$350,0002024 tax year
Grants to organisations listed in the foundation’s Form 990-PF filings. Grants to individuals are not shown.
Officers and directors
- James Star — Officer
- Maria Gracias — Officer
- Antonio Gracias — Officer
From the latest Form 990-PF filing
3 years of tax filings
| Year | Total expenses | Grants paid | Assets | Filing document |
|---|---|---|---|---|
| 2022 tax year | $32,908,869 | $32,647,807 | $0 | Filing for 2022 tax year |
| 2023 tax year | $16,692,137 | $16,188,978 | $95,077,903 | Filing for 2023 tax year |
| 2024 tax year | $12,893,006 | $12,032,500 | $91,036,384 | Filing for 2024 tax year |
Figures from the foundation’s IRS Form 990-PF filings. Assets are at fair market value at year end. The document icon links to each year’s filing on ProPublica Nonprofit Explorer.
Sources
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At a glance

Applying to Gracias Family Foundation?
Hinchilla drafts your answers around this funder's priorities, using your organisation's own documents.
No credit card required
Contact
- Chicago, IL

Applying to Gracias Family Foundation?
Hinchilla drafts your answers around this funder's priorities, using your organisation's own documents.
No credit card required
Contact
- Chicago, IL