Pax Et Bonum Inc
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
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
The most common grant size was under $50K: 6 grants of 6 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 5 itemized grants.
Cities
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
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
| Recipient | Purpose | Amount |
|---|---|---|
| Franciscan University of Steubenvil Steubenville, OH | Educational | $14,168 |
| Women's Care Center Indianapolis, IN | Healthcare | $10,200 |
| Samaritan's Purse Boone, NC | General Fund | $5,668 |
| Dig Deep Los Angeles, CA | General Fund | $4,534 |
| Little Sisters of the Poor Indianapolis, IN | Religious | $2,834 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $333,224 | $30,306 | $41,206 | $37,404 | 5 | $37,404 | $26,504 | $22,612 |
| 2023 | $358,024 | $7,913 | $3,268 | — | — | — | $8,615 | $20,260 |
| 2022 | $353,007 | $18,727 | $28,160 | $25,000 | 1 | $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
- IRS filings on file for fiscal years 2021–2024
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