Pay It Forward Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in COLUMBUS, OH. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $5.2M in total assets. In 2024, it awarded 2 grants totaling $344K. Net investment income was $7K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.2M
-1.2% YoY
Annual Giving
$344K
-31.1% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$172K
-31.1% YoY
About Pay It Forward Foundation
Based on IRS filings
Pay It Forward Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in COLUMBUS, OH. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $5.2M in total assets. In 2024, it awarded 2 grants totaling $344K. Net investment income was $7K.
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 | $5,187,263 | $5,251,500 | $4,660,875 |
| Revenue | $226,166 | $1,150,670 | $714,713 |
| Expenses | $384,753 | $539,183 | $274,221 |
| Qualifying Distributions | $384,001 | $500,000 | $500,000 |
| Net Investment Income | $7,039 | $111,487 | $2,684 |
| Distributable Amount | — | — | $221,588 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
6 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Salvation Army ($250,000), Stratford Ecological ($94,350).
| Recipient | Purpose | Amount |
|---|---|---|
| Salvation Army Columbus, OH | General | $250,000 |
| Stratford Ecological Delaware, OH | General operating. | $94,350 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Larry R Wendling | Treasurer | 5 | — |
| Erika R Haupt | Secretary | 1 | — |
| Michael A Petrecca | Director | 1 | — |
| Charles R Gehring | Director | 1 | — |
| Robert Koblentz | Director | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Pay It Forward Foundation?
Pay It Forward Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in COLUMBUS, OH. It holds $5.2M in total assets as of 2024.
How large is Pay It Forward Foundation?
As of 2024, Pay It Forward Foundation holds $5.2M in total assets with $226K in annual revenue. It awarded 2 grants totaling $344K in 2024.
Where does Pay It Forward Foundation operate?
Pay It Forward Foundation has awarded grants in Ohio.
What size grants does Pay It Forward Foundation award?
In 2024, Pay It Forward Foundation awarded 2 grants totaling $344K — an average of about $172K per grant, based on its IRS Form 990 filings.
What is Pay It Forward Foundation's EIN?
Pay It Forward Foundation's EIN (Employer Identification Number) is 86-3471213. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Pay It Forward Foundation'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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