Patrick Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 24 grants totaling $107K. Net investment income was $124K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.1M
+8.3% YoY
Annual Giving
$107K
+176.0% YoY
Grant Count
24
-38.5% YoY
Avg Grant Size
$4K
+348.5% YoY
Under IRS private-foundation payout rules, Patrick Foundation reported a distributable amount of $59K for 2024 — the minimum it must pay out in qualifying distributions.
About Patrick Foundation
Based on IRS filings
Patrick Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 24 grants totaling $107K. Net investment income was $124K.
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 | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,064,027 | $982,293 | $959,398 |
| Revenue | $206,533 | $77,382 | $59,387 |
| Expenses | $124,799 | $54,537 | $94,409 |
| Qualifying Distributions | $116,803 | $47,837 | $86,907 |
| Net Investment Income | $123,679 | $23,078 | $21,750 |
| Distributable Amount | $59,210 | $51,786 | $50,856 |
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
176 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Danbury Hospital & New Milford Hospital Foundation ($70,000), Housatonic Habitat for Humanity ($10,400), United Way of Western Connecticut Inc ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ABILITY BEYOND DISABILITY INC BETHEL, CT | Charitable Event | $1,000 |
| ANNS PLACE INC DANBURY, CT | Charitable Event | $3,000 |
| ANNS PLACE INC DANBURY, CT | General & Unrestricted | $500 |
| CENTRAL PENNSYLVANIA FOOD BANK HARRISBURG, PA | General & Unrestricted | $250 |
| DANBURY GRASSROOTS ACADEMY INC DANBURY, CT | General & Unrestricted | $1,500 |
| DANBURY HOSPITAL & NEW MILFORD HOSPITAL FOUNDATION DANBURY, CT | In support of the Digital Health initiative | $70,000 |
| FLAGLER BEACH HISTORICAL MUSEUM INC FLAGLER BEACH, FL | General & Unrestricted | $50 |
| HOUSATONIC HABITAT FOR HUMANITY DANBURY, CT | General & Unrestricted | $10,400 |
| KEELER TAVERN PRESERVATION SOCIETY INC RIDGEFIELD, CT | General & Unrestricted | $1,000 |
| MASSACHUSETTS SOCIETY FOR THE PREVENTION OF CRUELT BOSTON, MA | General & Unrestricted | $250 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Joanne M Patrick | Trustee | 1 | — |
| John R Patrick | Trustee | 1 | — |
| Tracy L Savitz | Trustee | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Patrick Foundation?
Patrick Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $1.1M in total assets as of 2024.
How large is Patrick Foundation?
As of 2024, Patrick Foundation holds $1.1M in total assets with $207K in annual revenue. It awarded 24 grants totaling $107K in 2024.
Where does Patrick Foundation operate?
Patrick Foundation has awarded grants in California, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Hawaii, Illinois, Indiana, Kansas, Massachusetts, Michigan, Nebraska, New Jersey, New York, Ohio, Pennsylvania, Virginia, West Virginia.
What size grants does Patrick Foundation award?
In 2024, Patrick Foundation awarded 24 grants totaling $107K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Patrick Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Patrick Foundation reported a distributable amount of $59K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Patrick Foundation's EIN?
Patrick Foundation's EIN (Employer Identification Number) is 06-1519341. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Patrick 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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