Paterson Family Foundation

Foundation · Grantmaker SPOTSYLVANIA, VA EIN: 85-4372628

Paterson Family Foundation is a private foundation, based in SPOTSYLVANIA, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 5 grants totaling $57K. Net investment income was $32K.

Key facts about Paterson Family Foundation

EIN
85-4372628
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$57,000
Grants made (2024)
5
Average grant
$11,400
Median grant
$5,000
Total assets
$1,341,356
Primary geography
California (44% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated April 2026.

Who Paterson Family Foundation funds

By grant dollars, the top recipient states for Paterson Family Foundation's 5 itemized 2024 grants were California (44%), Colorado (39%) and District of Columbia (9%). 100% of grants with a stated purpose were for general or operating support.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.3M

-2.1% YoY

Annual Giving

$57K

+93.2% YoY

Grant Count

5

+25.0% YoY

Avg Grant Size

$11K

+54.6% YoY

Under IRS private-foundation payout rules, Paterson Family Foundation reported a distributable amount of $70K for 2024 — the minimum it must pay out in qualifying distributions.

About Paterson Family Foundation

Based on IRS filings

Paterson Family Foundation is a private foundation, based in SPOTSYLVANIA, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 5 grants totaling $57K. Net investment income was $32K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

8states

Share of all 5 itemized 2024 grant dollars.

Cities

Colorado SpringsFredericksburgEvergreenWashingtonBerkeleyFlorenceFoster CityHarrisburgMemphisOrlandoPunxsutawneySacramentoSan Diego

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$550K$1M$2M$2M20202021202220232024
Metric202420232022
Total Assets$1,341,356$1,370,205$1,395,461
Revenue$38,577$10,555$11,987
Expenses$68,323$35,811$108,676
Qualifying Distributions$60,525$29,753$102,176
Net Investment Income$31,676$21,374$16,917
Distributable Amount$69,743$61,864$64,187

Giving Over Time

Total grant dollars and number of grants per year

$0$140K$280K$420K$560K0 grants20206 grants20214 grants20224 grants20235 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Afghan Evac$25KYoung Life$22KWorld Central Kitchen$5KSt Jude's Children's Hos…$3KRcasa$3K

Grant Size Distribution

19 grants across all recorded years

16<$50K$50–100K3$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Afghan Evac ($25,000), Young Life ($22,000), World Central Kitchen ($5,000).

RecipientPurposeAmount
AFGHAN EVAC SAN DIEGO, CAGENERAL DONATION$25,000
YOUNG LIFE COLORADO SPRINGS, COGENERAL DONATION$22,000
WORLD CENTRAL KITCHEN WASHINGTON, DCGENERAL DONATION$5,000
ST JUDE'S CHILDREN'S HOSPITAL MEMPHIS, TNGENERAL DONATION$2,500
RCASA FREDERICKSBURG, VAGENERAL DONATION$2,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JENNIFER LYNN PATERSONPRESIDENT, DIRECTOR1—
RYAN PATERSONSECRETARY, DIRECTOR1—
CAROLYN GRACE PATERSONDIRECTOR1—
BRENNAN DANIEL PATERSONDIRECTOR1—

Frequently Asked Questions

How large is Paterson Family Foundation?

As of 2024, Paterson Family Foundation holds $1.3M in total assets with $39K in annual revenue. It awarded 5 grants totaling $57K in 2024.

Where does Paterson Family Foundation operate?

Paterson Family Foundation has awarded grants in California, Colorado, District of Columbia, Florida, Pennsylvania, South Carolina, Tennessee, Virginia.

What size grants does Paterson Family Foundation award?

In 2024, Paterson Family Foundation awarded 5 grants totaling $57K — an average of about $11K per grant, based on its IRS Form 990 filings.

How much is Paterson Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Paterson Family Foundation reported a distributable amount of $70K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Paterson Family Foundation's EIN?

Paterson Family Foundation's EIN (Employer Identification Number) is 85-4372628. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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