The original one, in New York City, evolved in time into Pace University, which today offers undergraduate and graduate degrees in some 100 majors spread over six campuses.
After working as a secretary and bookkeeper in Michigan, Texas, and Minnesota, he secured a position with the Chicago Great Western Railroad.
The Pace brothers prepared their own curriculum and also developed a series of lectures on the theory and practice of accounting and business law.
In 2002, The YMCA of Greater New York Hall of Fame featured a selection of the important people in the organization's history, which included original photographs of Charles and Homer Pace, among others.
In 2004, The New York State Society of Certified Public Accountants inducted Homer Pace into its Hall of Fame.