Paul Brassfield Foundation Inc
Paul Brassfield Foundation Inc is a private foundation, based in Hill City, KS. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.5M in total assets. In 2024, it awarded 11 grants totaling $75K. Net investment income was $8K.
Key facts about Paul Brassfield Foundation Inc
In short: Paul Brassfield Foundation Inc gave $75K across 11 grants in 2024 (avg $7K), mostly in Kansas. Source: 2024 IRS Form 990-PF.
- EIN
- 81-2525445
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $75,000
- Grants made (2024)
- 11
- Average grant
- $6,818
- Median grant
- $7,300
- Total assets
- $4,465,471
- Primary geography
- Kansas (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.5M
-3.3% YoY
Annual Giving
$75K
+36.4% YoY
Grant Count
11
-8.3% YoY
Avg Grant Size
$7K
+48.8% YoY
Under IRS private-foundation payout rules, Paul Brassfield Foundation Inc reported a distributable amount of $129K for 2024 — the minimum it must pay out in qualifying distributions.
How Paul Brassfield Foundation Inc gives
- 91% of 2024 grantees were also funded in 2023. Method
- Giving fell 36% from 2021 to 2024. Method
- In 2024 it paid out 105% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 11 itemized 2024 grant dollars.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $55K (2023) to $142K (2020). In 2024 it made 11 grants totaling $75K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Ellis Usd 388 ($7K). Together the top 10 received $73K.
Grant Size Distribution
86 grants across all recorded years
The most common grant size was under $50K: 85 grants of 86 (99%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Ellis Usd 388 Ellis, KS | Education Support Scholarship | $7,300 |
| Hill City Usd 281 Hill City, KS | Education Support Scholarship | $7,300 |
| Northern Valley Usd 212 Almena, KS | Education Support Scholarship | $7,300 |
| Norton Usd 211 Norton, KS | Education Support Scholarship | $7,300 |
| Palco Usd 269 Damar, KS | Education Support Scholarship | $7,300 |
| Plainville Usd 270 Plainville, KS | Education Support Scholarship | $7,300 |
| Stockton Usd 271 Stockton, KS | Education Support Scholarship | $7,300 |
| Thomas More Prep-Marian High School Hays, KS | Education Support Scholarship | $7,300 |
| Victoria Usd 432 Victoria, KS | Education Support Scholarship | $7,300 |
| Hays Usd 489 Hays, KS | Education Support Scholarship | $7,300 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,465,471 | $4,618,957 | $4,666,485 |
| Revenue | $15,207 | $139,207 | $147,404 |
| Expenses | $196,504 | $176,656 | $201,388 |
| Qualifying Distributions | $135,675 | $122,377 | $119,088 |
| Net Investment Income | $7,853 | $84,928 | $65,986 |
| Distributable Amount | $128,774 | $132,120 | $121,829 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Paul Brassfield Foundation Inc is led by Dexter Potter, President on every filing since 2020 — the only officer listed, and compensated.
Officers on the 2024 filing
Dexter Potter
President
On filings since 2020
25 hrs/week
$50K (2020) → $50K (2024)
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $50K, to Dexter Potter (President).
Frequently asked questions about Paul Brassfield Foundation Inc
How much does Paul Brassfield Foundation Inc give each year?
Paul Brassfield Foundation Inc gave $75K across 11 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $55K across 12 grants.
What is Paul Brassfield Foundation Inc's typical grant size?
Paul Brassfield Foundation Inc's median grant in 2024 was $7,300, and its average grant was $6,818, across 11 grants on its 2024 IRS Form 990-PF.
Where does Paul Brassfield Foundation Inc give grants?
Paul Brassfield Foundation Inc gives mostly in Kansas: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Hays, KS (2 grants).
Does Paul Brassfield Foundation Inc give general operating support?
Not in 2024: none of the 11 grants with a stated purpose on Paul Brassfield Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Education Support Scholarship" (11 grants).
Who are Paul Brassfield Foundation Inc's largest grantees?
Paul Brassfield Foundation Inc's largest 2024 grantees include Ellis Usd 388 ($7,300), Hill City Usd 281 ($7,300) and Northern Valley Usd 212 ($7,300), according to its 2024 IRS Form 990-PF. Together they received 29% of its itemized 2024 grant dollars.
How large is Paul Brassfield Foundation Inc?
Paul Brassfield Foundation Inc reported $4.5M in total assets on its 2024 IRS Form 990-PF. It paid out $136K in qualifying distributions that year, against a required minimum of $129K (roughly 5% of its investment assets).
What is Paul Brassfield Foundation Inc's EIN?
Paul Brassfield Foundation Inc's EIN (Employer Identification Number) is 81-2525445. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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