Pay It Backward Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TAMPA, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $68K in total assets. In 2024, it awarded 21 grants totaling $45K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$68K
-16.6% YoY
Annual Giving
$45K
-53.0% YoY
Grant Count
21
+0.0% YoY
Avg Grant Size
$2K
-53.0% YoY
Under IRS private-foundation payout rules, Pay It Backward Foundation Inc reported a distributable amount of $4K for 2024 — the minimum it must pay out in qualifying distributions.
About Pay It Backward Foundation Inc
Based on IRS filings
Pay It Backward Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TAMPA, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $68K in total assets. In 2024, it awarded 21 grants totaling $45K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $68,147 | $81,733 | $187,050 |
| Revenue | $37,314 | $470 | $150,090 |
| Expenses | $56,167 | $106,460 | $102,641 |
| Qualifying Distributions | $44,529 | $94,707 | $91,412 |
| Net Investment Income | — | — | — |
| Distributable Amount | $3,886 | $6,612 | $5,506 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
109 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Metropolitan Ministries ($6,500), Go Fund Me- Hurricane Milton ($5,500), Abe Brown Ministries ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ABE BROWN MINISTRIES TAMPA, FL | WHERE IT IS NEEDED MOST | $5,000 |
| CANADA HELPS | WHERE IT IS NEEDED MOST | $357 |
| GO FUND ME- HURRICANE MILTON REDWOOD CITY, CA | WHERE IT IS NEEDED MOST | $5,500 |
| LAMPLIGHTER MINISTRIES MOUNT MORRIS, NY | WHERE IT IS NEEDED MOST | $2,500 |
| LAS VEGAS RESCUE MISSION LAS VEGAS, NV | WHERE IT IS NEEDED MOST | $2,000 |
| MERCY HOUSING & SHELTER CORPORATION HARTFORD, CT | WHERE IT IS NEEDED MOST | $5,000 |
| METROPOLITAN MINISTRIES TAMPA, FL | WHERE IT IS NEEDED MOST | $6,500 |
| MR BUBBLEZ INC TAMPA, FL | WHERE IT IS NEEDED MOST | $500 |
| SALVATION ARMY TAMPA, FL | WHERE IT IS NEEDED MOST | $2,000 |
| ST BONAVENTURE INDIAN MISSION & SCHOOL THOREAU, NM | WHERE IT IS NEEDED MOST | $500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ANTHONY MARCH | PRESIDENT | 2 | — |
| GAIL MARCH-WILLIAMS | TREASURER | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Pay It Backward Foundation Inc?
Pay It Backward Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TAMPA, FL. It holds $68K in total assets as of 2024.
How large is Pay It Backward Foundation Inc?
As of 2024, Pay It Backward Foundation Inc holds $68K in total assets with $37K in annual revenue. It awarded 21 grants totaling $45K in 2024.
Where does Pay It Backward Foundation Inc operate?
Pay It Backward Foundation Inc has awarded grants in California, Colorado, Connecticut, District of Columbia, Florida, Illinois, Massachusetts, Michigan, Minnesota, New Jersey, New Mexico, Nevada, New York, Pennsylvania, Tennessee, Texas, Virginia.
What size grants does Pay It Backward Foundation Inc award?
In 2024, Pay It Backward Foundation Inc awarded 21 grants totaling $45K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Pay It Backward Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Pay It Backward Foundation Inc reported a distributable amount of $4K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Pay It Backward Foundation Inc's EIN?
Pay It Backward Foundation Inc's EIN (Employer Identification Number) is 06-1443058. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Pay It Backward Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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