Payne Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ELKINS, NH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $298K in total assets. In 2024, it awarded 20 grants totaling $116K. Net investment income was $116K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$298K
-1.5% YoY
Annual Giving
$116K
+25.7% YoY
Grant Count
20
+11.1% YoY
Avg Grant Size
$6K
+13.2% YoY
Under IRS private-foundation payout rules, Payne Family Foundation reported a distributable amount of $109K for 2024 — the minimum it must pay out in qualifying distributions.
About Payne Family Foundation
Based on IRS filings
Payne Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ELKINS, NH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $298K in total assets. In 2024, it awarded 20 grants totaling $116K. Net investment income was $116K.
Focus Areas
Ready to take the next step with Payne Family Foundation?
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 | $297,584 | $302,089 | $337,801 |
| Revenue | $115,830 | $62,049 | $112,967 |
| Expenses | $120,335 | $97,761 | $107,762 |
| Qualifying Distributions | $120,200 | $94,245 | $104,088 |
| Net Investment Income | $115,830 | $60,054 | $111,130 |
| Distributable Amount | $108,507 | $91,839 | $99,129 |
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
106 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Skidmore College ($62,000), Colby Sawyer College ($25,000), Alice Peck Day Memorial Hospital ($7,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALICE PECK DAY MEMORIAL HOSPITAL LEBANON, NH | CHARITABLE SUPPORT | $7,000 |
| ALOHA FOUNDATION FAIRLEE, VT | CHARITABLE SUPPORT | $2,500 |
| APPALACHIAN MOUNTAIN CLUB BOSTON, MA | CHARITABLE SUPPORT | $1,500 |
| CHAGRIN FALLS PARK COMMUNITY CENTER CHAGRIN FALLS, OH | CHARITABLE SUPPORT | $1,000 |
| CHAPIN SENIOR CENTER NEW LONDON, NH | CHARITABLE SUPPORT | $5,000 |
| COLBY COLLEGE WATERVILLE, ME | CHARITABLE SUPPORT | $1,000 |
| COLBY SAWYER COLLEGE NEW LONDON, NH | CHARITABLE SUPPORT | $25,000 |
| FUTURES INC WEST HARTFORD, CT | CHARITABLE SUPPORT | $1,000 |
| MEDICAL MUTTS SERVICE DOGS INC INDIANAPOLIS, IN | CHARITABLE SUPPORT | $500 |
| NATIONAL OUTDOOR LEADERSHIP SCHOOL LANDER, WY | CHARITABLE SUPPORT | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BEVERLY PAYNE | TRUSTEE | 1 | — |
| DAVID B PAYNE | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Payne Family Foundation?
Payne Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ELKINS, NH. It holds $298K in total assets as of 2024.
How large is Payne Family Foundation?
As of 2024, Payne Family Foundation holds $298K in total assets with $116K in annual revenue. It awarded 20 grants totaling $116K in 2024.
Where does Payne Family Foundation operate?
Payne Family Foundation has awarded grants in Colorado, Connecticut, Indiana, Kansas, Massachusetts, Maine, New Hampshire, New York, Ohio, Tennessee, Vermont, Wyoming.
What size grants does Payne Family Foundation award?
In 2024, Payne Family Foundation awarded 20 grants totaling $116K — an average of about $6K per grant, based on its IRS Form 990 filings.
How much is Payne Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Payne Family Foundation reported a distributable amount of $109K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Payne Family Foundation's EIN?
Payne Family Foundation's EIN (Employer Identification Number) is 06-1475247. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Payne Family Foundation's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Maine Dental Service Corporation
CONCORD, NH
Assets
$86.4M
Grants
1
Total Given
$331K
Hefflon Fbo Various Charities Tr Xxx-xx-xxxx
MANCHESTER, NH
Assets
$439K
Grants
3
Total Given
$25K
Lighthouse Federal Credit Union
PORTSMOUTH, NH
Assets
$1.9B
Grants
3
Total Given
$42K
Bhbt Ttee Henderson Charitable Trust
CONCORD, NH
Assets
$309K
Grants
4
Total Given
$16K
Dartmouth-Hitchcock Clinic
LEBANON, NH
Assets
$285.1M
Grants
77
Total Given
$3.3M
Serve and Succeed Charitable Foundation
CLAREMONT, NH
Assets
$1.8M
Grants
2
Total Given
$25K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Payne Family Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Payne Family Foundation to a real strategy.