Pathnote Foundation Inc

MADISON, WI EIN: 81-0927994

Pathnote Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MADISON, WI. IRS filing data is available from 2020 through 2022. In 2022, it awarded 10 grants totaling $460K. Net investment income was $541K.

Financial Overview

From 2022 IRS Form 990-PF · View filing

Total Assets

-100.0% YoY

Annual Giving

$460K

+0.0% YoY

Grant Count

10

+0.0% YoY

Avg Grant Size

$46K

+0.0% YoY

Under IRS private-foundation payout rules, Pathnote Foundation Inc reported a distributable amount of $201K for 2022 — the minimum it must pay out in qualifying distributions.

About Pathnote Foundation Inc

Based on IRS filings

Pathnote Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MADISON, WI. IRS filing data is available from 2020 through 2022. In 2022, it awarded 10 grants totaling $460K. Net investment income was $541K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Cities

BaltimoreDallasHewittMontgomeryNew YorkWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$328K$655K$983K$1M202020212022
Metric202220212020
Total Assets$3,761,162$3,576,951
Revenue$1,081,039$697,306$1,191,027
Expenses$494,621$513,097$453,958
Qualifying Distributions$460,000$460,000
Net Investment Income$541,494$144,209$662,069
Distributable Amount$200,809$240,283$165,936

Giving Over Time

Total grant dollars and number of grants per year

$0$115K$230K$345K$460K6 grants202010 grants202110 grants2022

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2022

SOUTHERN POVERTY LAW CEN…$100KSOUTHERN POVERTY LAW CEN…$100KPREEMPTIVE LOVE COALITION$50KPREEMPTIVE LOVE COALITION$50KBRAVER ANGELS$40KBRAVER ANGELS$40KNATIONAL PUBLIC RADIO$30KNATIONAL PUBLIC RADIO$30KNATIONAL PUBLIC RADIO$10KNATIONAL PUBLIC RADIO$10K

Grant Size Distribution

26 grants across all recorded years

14<$50K7$50–100K5$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2022 grants, the largest include Southern Poverty Law Center ($100,000), Southern Poverty Law Center ($100,000), Preemptive Love Coalition ($50,000).

RecipientPurposeAmount
BRAVER ANGELS NEW YORK, NYGENERAL OPERATIONS$40,000
BRAVER ANGELS NEW YORK, NYGENERAL OPERATIONS$40,000
NATIONAL PUBLIC RADIO BALTIMORE, MDPROGRAM SUPPORT$10,000
PREEMPTIVE LOVE COALITION HEWITT, TXPROGRAM SUPPORT$50,000
PREEMPTIVE LOVE COALITION HEWITT, TXPROGRAM SUPPORT$50,000
SOUTHERN POVERTY LAW CENTER MONTGOMERY, ALPROGRAM SUPPORT$100,000
SOUTHERN POVERTY LAW CENTER MONTGOMERY, ALPROGRAM SUPPORT$100,000
NATIONAL PUBLIC RADIO BALTIMORE, MDPROGRAM SUPPORT$30,000
NATIONAL PUBLIC RADIO BALTIMORE, MDPROGRAM SUPPORT$10,000
NATIONAL PUBLIC RADIO BALTIMORE, MDPROGRAM SUPPORT$30,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2022 IRS filing

From 2022 filing

NameTitleHoursCompensation
TARN FAULKNERDIRECTOR1
KAREN FAULKNERDIRECTOR1
JOHN F SUBYDIRECTOR1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Pathnote Foundation Inc?

Pathnote Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MADISON, WI. It holds — in total assets as of 2022.

Where does Pathnote Foundation Inc operate?

Pathnote Foundation Inc has awarded grants in Alabama, District of Columbia, Maryland, New York, Texas.

What size grants does Pathnote Foundation Inc award?

In 2022, Pathnote Foundation Inc awarded 10 grants totaling $460K — an average of about $46K per grant, based on its IRS Form 990 filings.

How much is Pathnote Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2022, Pathnote Foundation Inc reported a distributable amount of $201K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Pathnote Foundation Inc's EIN?

Pathnote Foundation Inc's EIN (Employer Identification Number) is 81-0927994. IRS Form 990 filing data is available on this page for 2020–2022.

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

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