Pax Et Bonum Inc

Private foundation · Grantmaker Indianapolis, IN EIN: 35-2032946

Pax Et Bonum Inc is a private foundation, based in Indianapolis, IN. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $333K in total assets. In 2024, it awarded 5 grants totaling $37K. Net investment income was $27K.

Pax Et Bonum Inc at a glance

In short: Pax Et Bonum Inc gave $37K across 5 grants in 2024 (avg $7K), top state Ohio. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$37,404
Grants made (2024)
5
Average grant
$7,481
Median grant
$5,668
Total assets
$333,224
-6.9% vs 2023
Primary geography
Ohio (38% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Pax Et Bonum Inc funds

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Franciscan University of Steubenvil: $14KFranciscan University ofSteubenvil$14KWomen's Care Center: $10KWomen's Care Center$10KSamaritan's Purse: $6KSamaritan's Purse$6KDig Deep: $5KDig Deep$5KLittle Sisters of the Poor: $3KLittle Sisters of the Poor$3K

The largest 2024 recipient was Franciscan University of Steubenvil ($14K). Together the top 5 received $37K.

Grant Size Distribution

6 grants across all recorded years

6<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 6 grants of 6 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of 2024 grant dollars across all 5 itemized grants.

Cities

IndianapolisBooneLos AngelesSteubenville

How Pax Et Bonum Inc gives

  • In 2024 it paid out 165% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K$40K0 grants2021 1 grant2022 0 grants2023 5 grants2024

From 2022 to 2024, annual grant giving ranged from $25K (2022) to $37K (2024). In 2024 it made 5 grants totaling $37K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Franciscan University of Steubenvil Steubenville, OHEducational$14,168
Women's Care Center Indianapolis, INHealthcare$10,200
Samaritan's Purse Boone, NCGeneral Fund$5,668
Dig Deep Los Angeles, CAGeneral Fund$4,534
Little Sisters of the Poor Indianapolis, INReligious$2,834
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$333,224$30,306$41,206$37,4045$37,404$26,504$22,612
2023$358,024$7,913$3,268———$8,615$20,260
2022$353,007$18,727$28,160$25,0001$25,000$15,567$21,276
2021$362,440$18,866$2,116———$16,750$23,039

Under IRS private-foundation payout rules, Pax Et Bonum Inc reported a distributable amount of $23K for 2024 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Pax Et Bonum Inc's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Joan H. Smith

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Randolph M. Smith

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

Former officers (1)
  • Former: Robert C. Smith (2021–2022) — Director

Data from IRS Form 990 filings, 2021–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Pax Et Bonum Inc

How much does Pax Et Bonum Inc give each year?

Pax Et Bonum Inc gave $37K across 5 grants in 2024, according to its 2024 IRS Form 990-PF.

What is Pax Et Bonum Inc's typical grant size?

Pax Et Bonum Inc's median grant in 2024 was $5,668, and its average grant was $7,481, across 5 grants on its 2024 IRS Form 990-PF.

Where does Pax Et Bonum Inc give grants?

Pax Et Bonum Inc's top state is Ohio, with 38% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Indiana (35%) and North Carolina (15%). The most frequent recipient cities were Indianapolis, IN (2 grants).

Does Pax Et Bonum Inc give general operating support?

Yes: 40% of Pax Et Bonum Inc's 2024 grants with a stated purpose (2 of 5) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are Pax Et Bonum Inc's largest grantees?

Pax Et Bonum Inc's largest 2024 grantees include Franciscan University of Steubenvil ($14,168), Women's Care Center ($10,200) and Samaritan's Purse ($5,668), according to its 2024 IRS Form 990-PF. Together they received 80% of its itemized 2024 grant dollars.

How large is Pax Et Bonum Inc?

Pax Et Bonum Inc reported $333K in total assets on its 2024 IRS Form 990-PF. It paid out $37K in qualifying distributions that year, against a required minimum of $23K (roughly 5% of its investment assets).

What is Pax Et Bonum Inc's EIN?

Pax Et Bonum Inc's EIN (Employer Identification Number) is 35-2032946. IRS Form 990 filing data is available on this page for 2021–2024.

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

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Pax Et Bonum Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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