Pay It Forward Foundation
Pay It Forward Foundation is a private foundation, based in Paradise Valley, AZ. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.1M in total assets. In 2025, it awarded 1 grant totaling $52K. Net investment income was $62K.
Pay It Forward Foundation at a glance
In short: Pay It Forward Foundation gave $52K across 1 grant in 2025 (avg $52K), mostly in Ohio. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $52,000
- +15.6% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $52,000
- +15.6% vs 2024
- Median grant
- $52,000
- Total assets
- $1,134,867
- +18.2% vs 2024
- Primary geography
- Ohio (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Pay It Forward Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Fidelity Donor Advised Fund ($52K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was under $50K: 4 grants of 5 (80%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
Cities
How Pay It Forward Foundation gives
- In 2025 it paid out 102% 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 2020 to 2025, annual grant giving ranged from $18K (2020) to $52K (2025). In 2025 it made 1 grant totaling $52K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Fidelity Donor Advised Fund Cincinnati, OH | Wellbeing of Children | $52,000 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,134,867 | $63,394 | $53,214 | $52,000 | 1 | $52,000 | $62,180 | $50,733 |
| 2024 | $960,455 | $204,171 | $45,180 | $45,000 | 1 | $45,000 | $43,567 | $41,402 |
| 2023 | $745,438 | $176,789 | $25,629 | $25,000 | 1 | $25,000 | $11,873 | $31,508 |
| 2022 | $515,767 | $205,564 | $1,378 | — | — | — | $30,487 | $19,437 |
| 2021 | $465,785 | $58,995 | $44,206 | $42,785 | 2 | $42,785 | $30,668 | $20,646 |
| 2020 | $445,716 | $29,616 | $19,222 | $18,000 | 1 | — | $10,394 | $17,950 |
Under IRS private-foundation payout rules, Pay It Forward Foundation reported a distributable amount of $51K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Pay It Forward Foundation is led by Greg E Podd, President & CEO since 2021 (on filings since 2020); none of the 5 officers listed in 2025 report compensation.
Officers on the 2025 filing
Greg E Podd
President & CEO
Executive Director → President & CEO, 2021
On filings since 2020
10 hrs/week
No compensation reported
Bryan G Podd
Director
On filings since 2022
No compensation reported
Kyle A Podd
Director
On filings since 2022
No compensation reported
Melanie M Fargo Podd
Director
On filings since 2022
No compensation reported
Pamela K Podd
Director
On filings since 2022
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
How much does Pay It Forward Foundation give each year?
Pay It Forward Foundation gave $52K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $45K across 1 grant.
How large is Pay It Forward Foundation?
Pay It Forward Foundation reported $1.1M in total assets on its 2025 IRS Form 990-PF. It paid out $52K in qualifying distributions that year, against a required minimum of $51K (roughly 5% of its investment assets).
Where does Pay It Forward Foundation operate?
Pay It Forward Foundation has awarded grants in Arizona, Colorado, Ohio.
What is Pay It Forward Foundation's EIN?
Pay It Forward Foundation's EIN (Employer Identification Number) is 80-0174574. 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.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS March 19, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS March 6, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS March 20, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS April 15, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 11, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS March 4, 2026)
- IRS filings on file for fiscal years 2020–2025
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