George W & Mary B Patton Foundation
George W & Mary B Patton Foundation is a private foundation, based in Dallas, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $12.7M in total assets. In 2024, it awarded 8 grants totaling $667K. Net investment income was $1.1M.
Key facts about George W & Mary B Patton Foundation
In short: George W & Mary B Patton Foundation gave $667K across 8 grants in 2024 (avg $83K), mostly in California. Source: 2024 IRS Form 990-PF.
- EIN
- 95-3382952
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $666,620
- Grants made (2024)
- 8
- Average grant
- $83,328
- Median grant
- $132,524
- Total assets
- $12,732,895
- Primary geography
- California (60% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$12.7M
+2.9% YoY
Annual Giving
$667K
-5.8% YoY
Grant Count
8
+0.0% YoY
Avg Grant Size
$83K
-5.8% YoY
Under IRS private-foundation payout rules, George W & Mary B Patton Foundation reported a distributable amount of $785K for 2024 — the minimum it must pay out in qualifying distributions.
How George W & Mary B Patton Foundation gives
- Giving held roughly steady from 2021 to 2024 (+6%). Method
- In 2024 it paid out 92% 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.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 8 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $627K (2020) to $767K (2022). In 2024 it made 8 grants totaling $667K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
The largest 2024 recipient was Minnesota PEO Home Fund ($133K). Together the top 8 received $667K.
Grant Size Distribution
39 grants across all recorded years
The most common grant size was in the $100–250K range: 25 grants of 39 (64%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Minnesota PEO Home Fund Minneapolis, MN | Unrestricted General | $132,524 |
| Bexley Hall Seabury Western Seminary Chicago, IL | Unrestricted General | $132,524 |
| Los Angeles Orphanage Maryvale Rosemead, CA | Unrestricted General | $132,524 |
| Boys and Girls Clubs of Pasadena Pasadena, CA | Unrestricted General | $132,524 |
| Boys' Republic of Chino Chino Hills, CA | Unrestricted General | $132,524 |
| Lake City Municipal Government Lake City, MN | Patton Memorial Park | $2,000 |
| Lake City Education Foundation Lake City, MN | For Patton Scholarship Fund | $1,000 |
| University of Minnesota Foundation Minneapolis, MN | George Wm Patton Memorial | $1,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $12,732,895 | $12,376,547 | $12,735,612 |
| Revenue | $1,169,695 | $423,781 | $254,756 |
| Expenses | $828,050 | $847,446 | $922,127 |
| Qualifying Distributions | $720,493 | $755,879 | $814,648 |
| Net Investment Income | $1,062,941 | $321,969 | $196,500 |
| Distributable Amount | $785,224 | $714,663 | $752,793 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
George W & Mary B Patton Foundation's only listed officer is Bank Of America, Trustee on every filing since 2021 (compensated).
Officers on the 2024 filing
Bank Of America
Trustee
On filings since 2021
1 hr/week
$124K (2021) → $133K (2024)
Former officers (1)
- Former: Bank Of America N A (2020) — Trustee
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $133K, to Bank of America (Trustee).
Frequently asked questions about George W & Mary B Patton Foundation
How much does George W & Mary B Patton Foundation give each year?
George W & Mary B Patton Foundation gave $667K across 8 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $708K across 8 grants.
What is George W & Mary B Patton Foundation's typical grant size?
George W & Mary B Patton Foundation's median grant in 2024 was $132,524, and its average grant was $83,328, across 8 grants on its 2024 IRS Form 990-PF.
Where does George W & Mary B Patton Foundation give grants?
George W & Mary B Patton Foundation gives mostly in California: 60% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Minnesota (20%) and Illinois (20%). The most frequent recipient cities were Minneapolis, MN (2 grants) and Lake City, MN (2 grants).
Does George W & Mary B Patton Foundation give general operating support?
Yes: 63% of George W & Mary B Patton Foundation's 2024 grants with a stated purpose (5 of 8) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are George W & Mary B Patton Foundation's largest grantees?
George W & Mary B Patton Foundation's largest 2024 grantees include Minnesota PEO Home Fund ($132,524), Bexley Hall Seabury Western Seminary ($132,524) and Los Angeles Orphanage Maryvale ($132,524), according to its 2024 IRS Form 990-PF. Together they received 60% of its itemized 2024 grant dollars.
How large is George W & Mary B Patton Foundation?
George W & Mary B Patton Foundation reported $12.7M in total assets on its 2024 IRS Form 990-PF. It paid out $720K in qualifying distributions that year, against a required minimum of $785K (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 George W & Mary B Patton Foundation's EIN?
George W & Mary B Patton Foundation's EIN (Employer Identification Number) is 95-3382952. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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