Esther and Seymour Padnos Foundation
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
The largest 2025 recipient was Culver Education Fund ($100K). Together the top 2 received $103K.
Grant Size Distribution
5 grants across all recorded years
The most common grant size was under $50K: 2 grants of 5 (40%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
Cities
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
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
| Recipient | Purpose | Amount |
|---|---|---|
| Culver Education Fund Culver, IN | General Support | $100,000 |
| Macatawa Bay Junior Association Holland, MI | General Support | $3,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $20,723,566 | $1,843,728 | $135,844 | $103,000 | 2 | $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 | $2,275,000 | 2 | $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 | $21,000 | 1 | $21,401 | $35,956 | $24,368 |
| 2020 | $344,787 | $18,687 | $22,841 | $21,000 | 1 | — | $16,841 | $21,414 |
| 2019 | $348,941 | $24,362 | $21,409 | $21,000 | 1 | — | $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
- Added Form 990-PF for fiscal year 2019 (received by the IRS June 9, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
- IRS filings on file for fiscal years 2020–2024
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