Paul Brassfield Foundation Inc

Private foundation · Grantmaker Hill City, KS EIN: 81-2525445

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

9states

Share of all 11 itemized 2024 grant dollars.

Cities

HaysManhattanLawrenceColbyGoodlandGreat BendKearneyLincolnTopekaWichitaAlmenaBrooklynConcordiaDamarEllisHighlandHill CityLindsborgNortonPlainville

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K23 grants202024 grants202116 grants202212 grants202311 grants2024

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

Ellis Usd 388: $7KEllis Usd 388$7KHill City Usd 281: $7KHill City Usd 281$7KNorthern Valley Usd 212: $7KNorthern Valley Usd 212$7KNorton Usd 211: $7KNorton Usd 211$7KPalco Usd 269: $7KPalco Usd 269$7KPlainville Usd 270: $7KPlainville Usd 270$7KStockton Usd 271: $7KStockton Usd 271$7KThomas More Prep-Marian High School: $7KThomas More Prep-Marian HighSchool$7KVictoria Usd 432: $7KVictoria Usd 432$7KHays Usd 489: $7KHays Usd 489$7K

The largest 2024 recipient was Ellis Usd 388 ($7K). Together the top 10 received $73K.

Grant Size Distribution

86 grants across all recorded years

85<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 85 grants of 86 (99%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Ellis Usd 388 Ellis, KSEducation Support Scholarship$7,300
Hill City Usd 281 Hill City, KSEducation Support Scholarship$7,300
Northern Valley Usd 212 Almena, KSEducation Support Scholarship$7,300
Norton Usd 211 Norton, KSEducation Support Scholarship$7,300
Palco Usd 269 Damar, KSEducation Support Scholarship$7,300
Plainville Usd 270 Plainville, KSEducation Support Scholarship$7,300
Stockton Usd 271 Stockton, KSEducation Support Scholarship$7,300
Thomas More Prep-Marian High School Hays, KSEducation Support Scholarship$7,300
Victoria Usd 432 Victoria, KSEducation Support Scholarship$7,300
Hays Usd 489 Hays, KSEducation Support Scholarship$7,300

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K20202021202220232024
Metric202420232022
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

  1. 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

Dexter Potter — President: $50KDexter PotterPresident$50K

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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