Nick & Paris N Panagos Charitable Trust

Private foundation · Grantmaker Blandon, PA EIN: 23-7802567

Nick & Paris N Panagos Charitable Trust is a private foundation, based in Blandon, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $253K in total assets. In 2024, it awarded 4 grants totaling $24K. Net investment income was $7K.

Key facts about Nick & Paris N Panagos Charitable Trust

In short: Nick & Paris N Panagos Charitable Trust gave $24K across 4 grants in 2024 (avg $6K), mostly in Louisiana. Source: 2024 IRS Form 990-PF.

EIN
23-7802567
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$23,765
Grants made (2024)
4
Average grant
$5,941
Median grant
$3,300
Total assets
$252,854
Primary geography
Louisiana (70% 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

$253K

-10.4% YoY

Annual Giving

$24K

-42.3% YoY

Grant Count

4

-33.3% YoY

Avg Grant Size

$6K

-13.5% YoY

Under IRS private-foundation payout rules, Nick & Paris N Panagos Charitable Trust reported a distributable amount of $2K for 2024 — the minimum it must pay out in qualifying distributions.

How Nick & Paris N Panagos Charitable Trust gives

  • Giving fell 58% from 2021 to 2024. Method
  • In 2024 it paid out well above its IRS minimum distribution (the 5% rule). 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

6states

Share of 2024 grant dollars across all 4 itemized grants.

Cities

PhiladelphiaNew OrleansFleetwoodBlandonMerion StationNorth BethesdaWilliamsportCedar FallsChicagoIndianaNew YorkReadingSouth Portland

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K7 grants2020 11 grants2021 8 grants2022 6 grants2023 4 grants2024

From 2020 to 2024, annual grant giving ranged from $24K (2024) to $73K (2022). In 2024 it made 4 grants totaling $24K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Tulane University: $17KTulane University$17KThe Fund for Family Development: $6KThe Fund for FamilyDevelopment$6KCatholic Charities of Philadelphia: $600Catholic Charities ofPhiladelphia$600The Rotary Club of Fleetwood PA: $500The Rotary Club of FleetwoodPA$500

The largest 2024 recipient was Tulane University ($17K). Together the top 4 received $24K.

Grant Size Distribution

36 grants across all recorded years

36<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 36 grants of 36 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Tulane University New Orleans, LATo Benefit the Programs of the Entity$16,665
The Fund for Family Development Blandon, PATo Benefit the Programs of the Entity.$6,000
Catholic Charities of Philadelphia Philadelphia, PATo Benefit the Programs of the Entity.$600
The Rotary Club of Fleetwood PA Fleetwood, PATo Benefit the Programs of the Entity.$500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$25K$50K$75K$100K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$252,854$282,181$290,828
Revenue$7,584$40,418$48,451
Expenses$36,419$60,341$84,871
Qualifying Distributions$23,765$41,210$73,155
Net Investment Income$7,418$40,418$48,451
Distributable Amount$2,066$30,806$32,825

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Nick & Paris N Panagos Charitable Trust is led by Matthew Midouhas, Trustee on every filing since 2020 — the only officer listed, and compensated.

Officers on the 2024 filing

  • Matthew Midouhas

    Trustee

    On filings since 2020

    10 hrs/week

    $8K (2020) → $8K (2024)

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

Matthew Midouhas — Trustee: $8KMatthew MidouhasTrustee$8K

The highest reported compensation on the 2024 filing was $8K, to Matthew Midouhas (Trustee).

Frequently asked questions about Nick & Paris N Panagos Charitable Trust

How much does Nick & Paris N Panagos Charitable Trust give each year?

Nick & Paris N Panagos Charitable Trust gave $24K across 4 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $41K across 6 grants.

What is Nick & Paris N Panagos Charitable Trust's typical grant size?

Nick & Paris N Panagos Charitable Trust's median grant in 2024 was $3,300, and its average grant was $5,941, across 4 grants on its 2024 IRS Form 990-PF.

Where does Nick & Paris N Panagos Charitable Trust give grants?

Nick & Paris N Panagos Charitable Trust gives mostly in Louisiana: 70% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Pennsylvania (30%).

Does Nick & Paris N Panagos Charitable Trust give general operating support?

Not in 2024: none of the 4 grants with a stated purpose on Nick & Paris N Panagos Charitable Trust's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "To Benefit the Programs of the Entity" (4 grants).

How large is Nick & Paris N Panagos Charitable Trust?

Nick & Paris N Panagos Charitable Trust reported $253K in total assets on its 2024 IRS Form 990-PF. It paid out $24K in qualifying distributions that year, against a required minimum of $2K (roughly 5% of its investment assets).

What is Nick & Paris N Panagos Charitable Trust's EIN?

Nick & Paris N Panagos Charitable Trust's EIN (Employer Identification Number) is 23-7802567. 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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