Esther and Seymour Padnos Foundation

Private foundation · Grantmaker Holland, MI EIN: 38-3072505
Community and economic development

Esther and Seymour Padnos Foundation is a private foundation focused on Community and economic development, based in Holland, MI. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $20.7M in total assets. In 2025, it awarded 2 grants totaling $103K. Net investment income was $1.8M.

Esther and Seymour Padnos Foundation at a glance

In short: Esther and Seymour Padnos Foundation gave $103K across 2 grants in 2025 (avg $52K), mostly in Indiana. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$103,000
Grants made (2025)
2
Average grant
$51,500
Median grant
$51,500
Total assets
$20,723,566
+9.0% vs 2024
Primary geography
Indiana (97% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated October 2026.

Who Esther and Seymour Padnos Foundation funds

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

Culver Education Fund: $100KCulver Education Fund$100KMacatawa Bay Junior Association: $3KMacatawa Bay JuniorAssociation$3K

The largest 2025 recipient was Culver Education Fund ($100K). Together the top 2 received $103K.

Grant Size Distribution

5 grants across all recorded years

2<$50K$50–100K1$100–250K1$250–500K$500K–1M1$1–5M$5M+

The most common grant size was under $50K: 2 grants of 5 (40%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2025 grant dollars across all 2 itemized grants.

Cities

HollandGrand RapidsCulverAllendale

How Esther and Seymour Padnos Foundation gives

  • In 2025 it paid out 10% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M1 grant2019 1 grant2020 1 grant2021 0 grants2022 2 grants2023 0 grants2024 2 grants2025

From 2019 to 2025, annual grant giving ranged from $21K (2019) to $2.3M (2023). In 2025 it made 2 grants totaling $103K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Culver Education Fund Culver, INGeneral Support$100,000
Macatawa Bay Junior Association Holland, MIGeneral Support$3,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$20,723,566$1,843,728$135,844$103,0002$104,646$1,817,319$1,083,174
2024$19,016,179$1,031,479$30,952——$9,639$1,010,130$984,269
2023$18,015,652$498,820$2,309,301$2,275,0002$2,285,352$373,196$932,327
2022$19,737,790$17,631,787$23,386——$10,895$97,765$169,084
2021$359,163$36,450$22,074$21,0001$21,401$35,956$24,368
2020$344,787$18,687$22,841$21,0001—$16,841$21,414
2019$348,941$24,362$21,409$21,0001—$24,360$20,988

Under IRS private-foundation payout rules, Esther and Seymour Padnos Foundation reported a distributable amount of $1.1M for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Esther and Seymour Padnos Foundation is led by William R. Padnos, President since 2022 (on filings since 2021); none of the 4 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • William R. Padnos

    President

    Secretary & Treasurer → President, 2022

    On filings since 2021

    0.5 hrs/week

    No compensation reported

  • Cynthia B. Padnos

    Director

    On filings since 2022

    0.5 hrs/week

    No compensation reported

  • Mitchell W. Padnos

    Secretary

    On filings since 2022

    0.5 hrs/week

    No compensation reported

  • Shelley E. Padnos

    Treasurer

    On filings since 2022

    0.5 hrs/week

    No compensation reported

Former officers (3)
  • Former: Esther Padnos Dec'd (2021) — President
  • Former: Esther Padnos (2019–2020) — Secretary & Treasurer
  • Former: Seymour Padnos (2019–2020) — President · Filing note: Deceased 792020

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Esther and Seymour Padnos Foundation

How much does Esther and Seymour Padnos Foundation give each year?

Esther and Seymour Padnos Foundation gave $103K across 2 grants in 2025, according to its 2025 IRS Form 990-PF.

How large is Esther and Seymour Padnos Foundation?

Esther and Seymour Padnos Foundation reported $20.7M in total assets on its 2025 IRS Form 990-PF. It paid out $105K in qualifying distributions that year, against a required minimum of $1.1M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What is Esther and Seymour Padnos Foundation?

Esther and Seymour Padnos Foundation is a private foundation focused on Community and economic development, based in Holland, MI. It holds $20.7M in total assets as of 2025.

Where does Esther and Seymour Padnos Foundation operate?

Esther and Seymour Padnos Foundation has awarded grants in Indiana, Michigan.

What is Esther and Seymour Padnos Foundation's EIN?

Esther and Seymour Padnos Foundation's EIN (Employer Identification Number) is 38-3072505. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated October 2026. Sourced from IRS Form 990-PF filings.

Data update history

(3)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS June 9, 2020)
  2. Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
  3. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Esther and Seymour Padnos Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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