Overview
OBX INC is a philanthropic organization based in Palm Beach, Florida, with assets totaling approximately $9.2 million. The foundation focuses on funding initiatives in education, health, and community and economic development. Despite having a revenue of $281,132, its expenses amount to $656,026, indicating a higher expenditure than income. OBX INC supports projects across various cities and states in the United States, including major areas like New York City, Washington DC, and Houston. The organization is led by Oliver R. Grace Jr., who serves as the President without receiving any compensation for his role.
Focus areas
Geographic focus
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Financials
in 2024, compared to $9,496,986 in 2023
26 grants awarded in 2024
Of total expenses go to programs
Grants
| Purpose | Location | |||
|---|---|---|---|---|
| $300,000 | TURNING POINT USA | CIVIC | 4940 E BEVERLY ROAD PHOENIX, AZ US | 2023 |
| $225,000 | TURNING POINT USA | CIVIC | 4940 E BEVERLY ROAD PHOENIX, AZ US | 2022 |
| $190,000 | CANCER RESEARCH INSTITUTE | MEDICAL RESEARCH | 29 BROADWAY 4TH FLOOR NEW YORK, NY US | 2023 |
| $168,425 | CANCER RESEARCH INSTITUTE | SCIENTIFIC | 29 BROADWAY 4TH FLOOR NEW YORK, NY US | 2022 |
| $100,000 | NORTH SHORE LAND ALLIANCE | EDUCATION/LITERARY | PO BOX 658 - 1395 PLANT OYSTER BAY, NY US | 2022 |
| $100,000 | S T A N D | EDUCATION/LITERARY | PO BOX 15022 CHESAPEAKE, VA US | 2022 |
| $100,000 | TURNING POINT FOUNDATION | CIVIC | 4940 E BEVERLY ROAD PHOENIX, AZ US | 2024 |
| $75,000 | PRAGER UNIVERSITY | EDUCATIONAL | 15021 VENTURA BLVD SUITE SHERMAN OAKS, CA US | 2023 |
| $60,000 | STAND FOUNDATION | CIVIC | PO BOX 5003 CHESAPEAKE, VA US | 2023 |
| $60,000 | STAND | CIVIC | 4336 LAKE PRINCE DR SUFFOLK, VA US | 2024 |
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People
Compensation data from most recent available 990 forms
| Title | |||
|---|---|---|---|
| OLIVER R GRACE JR | PRESIDENT | $0 | 2022 |
| OLIVER R GRACE JR | PRESIDENT | $0 | 2023 |
| OLIVER R GRACE JR | PRESIDENT | $0 | 2024 |
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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer
View on ProPublica Nonprofit ExplorerLast updated on August 25, 2025