Paden City Foundation Inc
Paden City Foundation Inc is a private foundation, based in PADEN CITY, WV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $575K in total assets. In 2024, it awarded 19 grants totaling $35K. Net investment income was $45K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$575K
+5.6% YoY
Annual Giving
$35K
+212.8% YoY
Grant Count
19
+26.7% YoY
Avg Grant Size
$2K
+146.9% YoY
Under IRS private-foundation payout rules, Paden City Foundation Inc reported a distributable amount of $24K for 2024 — the minimum it must pay out in qualifying distributions.
About Paden City Foundation Inc
Based on IRS filings
Paden City Foundation Inc is a private foundation, based in PADEN CITY, WV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $575K in total assets. In 2024, it awarded 19 grants totaling $35K. Net investment income was $45K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $575,028 | $544,589 | $580,480 |
| Revenue | $85,365 | $43,005 | $63,109 |
| Expenses | $82,856 | $18,367 | $22,984 |
| Qualifying Distributions | $78,560 | $11,322 | $10,284 |
| Net Investment Income | $44,642 | $24,384 | $25,389 |
| Distributable Amount | $23,681 | $25,470 | $24,537 |
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
76 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Veterans of Foreign War ($5,410), Paden City Athletic Assoc ($3,750), Isaac R Beveralin ($2,500).
| Recipient | Purpose | Amount |
|---|---|---|
| JOCELYN N SAWINSKI Paden City, WV | SCHOLARSHIP FOR GRADUATING STUDENT | $500 |
| ISAAC R BEVERALIN Paden City, WV | SCHOLARSHIP FOR GRADUATING STUDENT | $2,500 |
| BRODY SECKMAN New Martinsville, WV | SCHOLARSHIP FOR GRADUATING STUDENT | $1,500 |
| MALLORY A DENNIS New Martinsville, WV | SCHOLARSHIP FOR GRADUATING STUDENT | $1,000 |
| MADELINE D DELANEY New Martinsville, WV | SCHOLARSHIP FOR GRADUATING STUDENT | $1,500 |
| MIGUEL JJ GUERRA Paden City, WV | SCHOLARSHIP FOR GRADUATING STUDENT | $2,000 |
| JOSEPH Z BAKER Paden City, WV | SCHOLARSHIP FOR GRADUATING STUDENT | $2,000 |
| JEREMIAH L THOMAS New Martinsville, WV | SCHOLARSHIP FOR GRADUATING STUDENT | $500 |
| BRAEDEN R WALL New Martinsville, WV | SCHOLARSHIP FOR GRADUATING STUDENT | $1,500 |
| BRYSON N STACKPOLE New Martinsville, WV | SCHOLARSHIP FOR GRADUATING STUDENT | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DONALD BILLITER | BOARD MEMBER | 1 | — |
| JOSH BILLITER | BOARD MEMBER | 1 | — |
| DIANE HAYES | BOARD MEMBER | 1 | — |
| JON BAKER | BOARD MEMBER | 1 | — |
| JUDY YEAGER | BOARD MEMBER | 1 | — |
| RODNEY MCWILLIAMS | PRESIDENT | 1 | — |
| DAVID MENDENHALL | VICE PRESIDENT | 1 | — |
| JIM CAVEZZA | BOARD MEMBER | 1 | — |
| MARGARET SINE | BOARD MEMBER | 1 | — |
| VAN SLIDER | BOARD MEMBER | 1 | — |
| SUSAN WADE | BOARD MEMBER | 1 | — |
| JAMES BOWEN | BOARD MEMBER | 1 | — |
| PENNY BAKER | TREASURER | 1 | — |
| SUE NOLAND | BOARD MEMBER | 1 | — |
| SHAUNA YOHO | BOARD MEMBER | 1 | — |
Frequently Asked Questions
How large is Paden City Foundation Inc?
As of 2024, Paden City Foundation Inc holds $575K in total assets with $85K in annual revenue. It awarded 19 grants totaling $35K in 2024.
Where does Paden City Foundation Inc operate?
Paden City Foundation Inc has awarded grants in West Virginia.
What size grants does Paden City Foundation Inc award?
In 2024, Paden City Foundation Inc awarded 19 grants totaling $35K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Paden City Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Paden City Foundation Inc reported a distributable amount of $24K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Paden City Foundation Inc's EIN?
Paden City Foundation Inc's EIN (Employer Identification Number) is 55-0678816. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Paden City 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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