David and Linda Patterson Foundation Inc
David and Linda Patterson Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in EVANSVILLE, IN. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $1.7M in total assets. In 2024, it awarded 15 grants totaling $255K. Net investment income was $121K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.7M
-7.2% YoY
Annual Giving
$255K
-67.6% YoY
Grant Count
15
+0.0% YoY
Avg Grant Size
$17K
-67.6% YoY
Under IRS private-foundation payout rules, David and Linda Patterson Foundation Inc reported a distributable amount of $88K for 2024 — the minimum it must pay out in qualifying distributions.
About David and Linda Patterson Foundation Inc
Based on IRS filings
David and Linda Patterson Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in EVANSVILLE, IN. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $1.7M in total assets. In 2024, it awarded 15 grants totaling $255K. Net investment income was $121K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,702,155 | $1,833,942 | $2,638,281 |
| Revenue | $132,877 | $438 | $-66,968 |
| Expenses | $268,895 | $804,777 | $294,751 |
| Qualifying Distributions | $256,975 | $789,105 | $285,237 |
| Net Investment Income | $121,438 | $54,044 | $59,550 |
| Distributable Amount | $87,990 | $107,892 | $129,831 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
60 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Daily Bread Inc ($60,000), Turning Point for God ($50,000), Samaritan's Purse ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CENTERPOINT COMMUNITY CHURCH EVANSVILLE, IN | CHARITABLE CONTRIBUTION | $5,000 |
| CHRISTIAN FELLOWSHIP CHURCH EVANSVILLE, IN | CHARITABLE CONTRIBUTION | $10,000 |
| DAILY BREAD INC MELBOURNE, FL | CHARITABLE CONTRIBUTION | $60,000 |
| EVANSVILLE P-47 FOUNDATION EVANSVILLE, IN | CHARITABLE CONTRIBUTION | $5,000 |
| FELLOWSHIP OF CHRISTIAN ATHLETES KANSAS CITY, MT | CHARITABLE CONTRIBUTION | $10,000 |
| GATHER NETWORK EVANSVILLE, IN | CHARITABLE CONTRIBUTION | $15,000 |
| SAMARITAN'S PURSE BOONE, NC | CHARITABLE CONTRIBUTION | $25,000 |
| SETON HARVEST EVANSVILLE, IN | CHARITABLE CONTRIBUTION | $10,000 |
| THE CHILDRENS HUNGER PROJECT COCOA, FL | CHARITABLE CONTRIBUTION | $5,000 |
| THE HILLS CHURCH EVANSVILLE, IN | CHARITABLE CONTRIBUTION | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DAVID R PATTERSON | PRESIDENT | 1 | — |
| LINDA PATTERSON | VP, SECY, TREAS | 1 | — |
| ALLEN D PATTERSON | BOARD MEMBER | 1 | — |
| DOUGLAS J PATTERSON | BOARD MEMBER | 1 | — |
| JOSEPH A PATTERSON | BOARD MEMBER | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is David and Linda Patterson Foundation Inc?
David and Linda Patterson Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in EVANSVILLE, IN. It holds $1.7M in total assets as of 2024.
How large is David and Linda Patterson Foundation Inc?
As of 2024, David and Linda Patterson Foundation Inc holds $1.7M in total assets with $133K in annual revenue. It awarded 15 grants totaling $255K in 2024.
Where does David and Linda Patterson Foundation Inc operate?
David and Linda Patterson Foundation Inc has awarded grants in California, Florida, Indiana, Montana, North Carolina, New York, Oklahoma, Tennessee, Virginia.
What size grants does David and Linda Patterson Foundation Inc award?
In 2024, David and Linda Patterson Foundation Inc awarded 15 grants totaling $255K — an average of about $17K per grant, based on its IRS Form 990 filings.
How much is David and Linda Patterson Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, David and Linda Patterson Foundation Inc reported a distributable amount of $88K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is David and Linda Patterson Foundation Inc's EIN?
David and Linda Patterson Foundation Inc's EIN (Employer Identification Number) is 87-4027252. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in David and Linda Patterson Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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