Patton Foundation Inc

CHARLOTTE, NC EIN: 23-7026742

Patton Foundation Inc is a private foundation, based in CHARLOTTE, NC. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $596K in total assets. In 2025, it awarded 1 grants totaling $3K. Net investment income was $26K.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$596K

+4.3% YoY

Annual Giving

$3K

-96.5% YoY

Grant Count

1

-87.5% YoY

Avg Grant Size

$3K

-71.8% YoY

Under IRS private-foundation payout rules, Patton Foundation Inc reported a distributable amount of $36K for 2025 — the minimum it must pay out in qualifying distributions.

About Patton Foundation Inc

Based on IRS filings

Patton Foundation Inc is a private foundation, based in CHARLOTTE, NC. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $596K in total assets. In 2025, it awarded 1 grants totaling $3K. Net investment income was $26K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

BelmontCharlotteIrmoWake Forest

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$22K$43K$65K$87K20212022202320242025
Metric202520242023
Total Assets$596,166$571,581$604,206
Revenue$34,207$43,973$212
Expenses$11,526$78,994$47,224
Qualifying Distributions$2,500$71,000$38,000
Net Investment Income$25,924$33,835$6,398
Distributable Amount$36,481$34,858$33,732

Giving Over Time

Total grant dollars and number of grants per year

$0$18K$36K$53K$71K0 grants20218 grants20228 grants20238 grants20241 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2025

PROJECT HOPE FOR JUVENIL…$3K

Grant Size Distribution

25 grants across all recorded years

25<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Project Hope for Juvenile Arthritis ($2,500).

RecipientPurposeAmount
PROJECT HOPE FOR JUVENILE ARTHRITIS WAKE FOREST, NCUNRESTRICTED GRANT$2,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

NameTitleHoursCompensation
John C PattonDirector1
J Darren PattonDirector1
Jed W PattonDirector1
Cindy O PattonDirector1

Frequently Asked Questions

How large is Patton Foundation Inc?

As of 2025, Patton Foundation Inc holds $596K in total assets with $34K in annual revenue. It awarded 1 grants totaling $3K in 2025.

Where does Patton Foundation Inc operate?

Patton Foundation Inc has awarded grants in North Carolina, South Carolina.

What size grants does Patton Foundation Inc award?

In 2025, Patton Foundation Inc awarded 1 grants totaling $3K — an average of about $3K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2025, Patton Foundation Inc reported a distributable amount of $36K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Patton Foundation Inc's EIN?

Patton Foundation Inc's EIN (Employer Identification Number) is 23-7026742. IRS Form 990 filing data is available on this page for 2021–2025.

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

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