Pay It Forward Foundation Inc
Pay It Forward Foundation Inc is a private foundation, based in Pierceton, IN. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $105K in total assets. In 2025, it awarded 2 grants totaling $3K.
Key facts about Pay It Forward Foundation Inc
In short: Pay It Forward Foundation Inc gave $3K across 2 grants in 2025 (avg $2K), mostly in Indiana. Source: 2025 IRS Form 990-PF.
- EIN
- 20-8694827
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $3,000
- Grants made (2025)
- 2
- Average grant
- $1,500
- Median grant
- $1,500
- Total assets
- $104,926
- Primary geography
- Indiana (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$105K
-0.7% YoY
Annual Giving
$3K
-94.7% YoY
Grant Count
2
-66.7% YoY
Avg Grant Size
$2K
-84.2% YoY
Under IRS private-foundation payout rules, Pay It Forward Foundation Inc reported a distributable amount of $95 for 2025 — the minimum it must pay out in qualifying distributions.
How Pay It Forward Foundation Inc gives
- Giving fell 87% from 2022 to 2025. Method
- In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 2 itemized 2025 grant dollars.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $1K (2021) to $57K (2024). In 2025 it made 2 grants totaling $3K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was Team Hope in Motion ($2K). Together the top 2 received $3K.
Grant Size Distribution
15 grants across all recorded years
The most common grant size was under $50K: 15 grants of 15 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Team Hope in Motion Indianapolis, IN | Charitable: Program Support | $1,500 |
| The Gathering Place Warsaw, IN | Charitable: Program Support | $1,500 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $104,926 | $105,711 | $155,670 |
| Revenue | $7,000 | $12,000 | $49,775 |
| Expenses | $7,785 | $61,959 | $29,470 |
| Qualifying Distributions | $4,067 | $58,242 | $25,752 |
| Net Investment Income | — | — | — |
| Distributable Amount | $95 | $1,091 | $396 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 10, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS September 22, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS September 14, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS February 6, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS January 24, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS February 21, 2026)
- IRS filings on file for fiscal years 2020–2025
Leadership & Key People
Officers and directors from IRS filings
Pay It Forward Foundation Inc is led by Rodney Mayer, President on every filing since 2020; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Rodney Mayer
President
On filings since 2020
No compensation reported
Shana Mayer
Secretary & Treasurer
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "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 Pay It Forward Foundation Inc
How much does Pay It Forward Foundation Inc give each year?
Pay It Forward Foundation Inc gave $3K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $57K across 6 grants.
How large is Pay It Forward Foundation Inc?
Pay It Forward Foundation Inc reported $105K in total assets on its 2025 IRS Form 990-PF. It paid out $4K in qualifying distributions that year, against a required minimum of $95 (roughly 5% of its investment assets).
Where does Pay It Forward Foundation Inc operate?
Pay It Forward Foundation Inc has awarded grants in Florida, Georgia, Indiana, Minnesota, Ohio.
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 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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