Pay It Forward Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PIERCETON, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $106K in total assets. In 2024, it awarded 6 grants totaling $57K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$106K
-32.1% YoY
Annual Giving
$57K
+850.0% YoY
Grant Count
6
+200.0% YoY
Avg Grant Size
$10K
+216.7% YoY
Under IRS private-foundation payout rules, Pay It Forward Foundation Inc reported a distributable amount of $1K for 2024 — the minimum it must pay out in qualifying distributions.
About Pay It Forward Foundation Inc
Based on IRS filings
Pay It Forward Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PIERCETON, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $106K in total assets. In 2024, it awarded 6 grants totaling $57K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $105,711 | $155,670 | $135,365 |
| Revenue | $12,000 | $49,775 | $45,605 |
| Expenses | $61,959 | $29,470 | $27,281 |
| Qualifying Distributions | $58,242 | $25,752 | $23,563 |
| Net Investment Income | — | — | — |
| Distributable Amount | $1,091 | $396 | $543 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
21 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include C4one ($36,000), Extended Hand Ministries ($10,000), Fellowship Missions Inc ($6,000).
| Recipient | Purpose | Amount |
|---|---|---|
| FELLOWSHIP MISSIONS INC WARSAW, IN | CHARITABLE: PROGRAM SUPPORT | $6,000 |
| C4ONE WINONA LAKE, IN | CHARITABLE: PROGRAM SUPPORT | $36,000 |
| EXTENDED HAND MINISTRIES INDIANAPOLIS, IN | CHARITABLE: PROGRAM SUPPORT | $10,000 |
| FMSC COON RAPIDS, MN | CHARITABLE: PROGRAM SUPPORT | $1,000 |
| WARSAW COMMUNITY SCHOOLS WARSAW, IN | CHARITABLE: PROGRAM SUPPORT | $1,000 |
| LIFEWISE COLUMBUS, OH | CHARITABLE: PROGRAM SUPPORT | $3,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RODNEY MAYER | PRESIDENT | — | — |
| SHAYNA MAYER | SEC/TREAS | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Pay It Forward Foundation Inc?
Pay It Forward Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PIERCETON, IN. It holds $106K in total assets as of 2024.
How large is Pay It Forward Foundation Inc?
As of 2024, Pay It Forward Foundation Inc holds $106K in total assets with $12K in annual revenue. It awarded 6 grants totaling $57K in 2024.
Where does Pay It Forward Foundation Inc operate?
Pay It Forward Foundation Inc has awarded grants in Florida, Georgia, Indiana, Minnesota, Ohio.
What size grants does Pay It Forward Foundation Inc award?
In 2024, Pay It Forward Foundation Inc awarded 6 grants totaling $57K — an average of about $10K per grant, based on its IRS Form 990 filings.
How much is Pay It Forward Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Pay It Forward Foundation Inc reported a distributable amount of $1K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Pay It Forward Foundation Inc's EIN?
Pay It Forward Foundation Inc's EIN (Employer Identification Number) is 20-8694827. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Pay It Forward 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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