Panich Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. IRS filing data is available from 2021 through 2023. As of 2023, the organization holds $12.7M in total assets. In 2023, it awarded 25 grants totaling $563K. Net investment income was $365K.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
$12.7M
+4.6% YoY
Annual Giving
$563K
+20.3% YoY
Grant Count
25
+400.0% YoY
Avg Grant Size
$23K
-75.9% YoY
About Panich Foundation
Based on IRS filings
Panich Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. IRS filing data is available from 2021 through 2023. As of 2023, the organization holds $12.7M in total assets. In 2023, it awarded 25 grants totaling $563K. Net investment income was $365K.
Focus Areas
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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 | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $12,727,151 | $12,162,911 | $7,147,560 |
| Revenue | $619,056 | $5,066,478 | $7,147,560 |
| Expenses | $575,331 | $469,435 | — |
| Qualifying Distributions | $562,800 | $467,760 | — |
| Net Investment Income | $364,762 | — | — |
| Distributable Amount | — | — | — |
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 2023
Grant Size Distribution
30 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2023 grants, the largest include Vineyard Outreach America ($114,100), First Liberty ($100,000), Campus Crusade for Christ ($62,500).
| Recipient | Purpose | Amount |
|---|---|---|
| United in Purpose Redwood City, CA | To further charitable purpose | $30,000 |
| Mission Valley Church San Diego, CA | To further charitable purpose | $10,000 |
| Geaux52 Leadership Services Orange, TX | To further charitable purpose | $5,000 |
| Campus Crusade for Christ Orlando, FL | To further charitable purpose | $62,500 |
| Vineyard Outreach America Hamilton, AL | To further charitable purpose | $114,100 |
| First Liberty Plano, TX | To further charitable purpose | $100,000 |
| MX for Jesus Attalla, AL | To further charitable purpose | $20,000 |
| House of Hope Baytown, TX | To further charitable purpose | $23,700 |
| Evangelism Explosion Arden, NC | To further charitable purpose | $50,000 |
| Outdoor Ventures Florence, AL | To further charitable purpose | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| J ART NICHOLSON | President | 5 | — |
| PEGGY NICHOLSON | Secretary | 5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Panich Foundation?
Panich Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. It holds $12.7M in total assets as of 2023.
How large is Panich Foundation?
As of 2023, Panich Foundation holds $12.7M in total assets with $619K in annual revenue. It awarded 25 grants totaling $563K in 2023.
Where does Panich Foundation operate?
Panich Foundation has awarded grants in Alabama, California, Colorado, District of Columbia, Florida, Georgia, Louisiana, North Carolina, Tennessee, Texas, Virginia.
What size grants does Panich Foundation award?
In 2023, Panich Foundation awarded 25 grants totaling $563K — an average of about $23K per grant, based on its IRS Form 990 filings.
What is Panich Foundation's EIN?
Panich Foundation's EIN (Employer Identification Number) is 87-1037403. IRS Form 990 filing data is available on this page for 2021–2023.
Explore Open Grants
Browse active grant opportunities in Panich Foundation'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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