Paterson Family Foundation
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.
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
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
19 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Afghan Evac ($25,000), Young Life ($22,000), World Central Kitchen ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| YOUNG LIFE COLORADO SPRINGS, CO | GENERAL DONATION | $22,000 |
| AFGHAN EVAC SAN DIEGO, CA | GENERAL DONATION | $25,000 |
| WORLD CENTRAL KITCHEN WASHINGTON, DC | GENERAL DONATION | $5,000 |
| ST JUDE'S CHILDREN'S HOSPITAL MEMPHIS, TN | GENERAL DONATION | $2,500 |
| RCASA FREDERICKSBURG, VA | GENERAL DONATION | $2,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JENNIFER LYNN PATERSON | PRESIDENT, DIRECTOR | 1 | — |
| RYAN PATERSON | SECRETARY, DIRECTOR | 1 | — |
| CAROLYN GRACE PATERSON | DIRECTOR | 1 | — |
| BRENNAN DANIEL PATERSON | DIRECTOR | 1 | — |
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.
Explore Open Grants
Browse active grant opportunities in Paterson Family 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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