Pb&j Foundation Inc

Foundation · Grantmaker FORT WAYNE, IN EIN: 27-2490505

Pb&j Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FORT WAYNE, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $894K in total assets. In 2024, it awarded 11 grants totaling $35K. Net investment income was $24K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$894K

-2.3% YoY

Annual Giving

$35K

-15.9% YoY

Grant Count

11

+175.0% YoY

Avg Grant Size

$3K

-69.4% YoY

Under IRS private-foundation payout rules, Pb&j Foundation Inc reported a distributable amount of $44K for 2024 — the minimum it must pay out in qualifying distributions.

About Pb&j Foundation Inc

Based on IRS filings

Pb&j Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FORT WAYNE, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $894K in total assets. In 2024, it awarded 11 grants totaling $35K. Net investment income was $24K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

9states
+1 more states

Cities

ArlingtonFort WayneLahainaMountain HomeOssiningPhoenixPlanoSan FranciscoSherman OaksWabashWarsawWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$37K$73K$110K$146K20202021202220232024
Metric202420232022
Total Assets$893,660$914,786$960,659
Revenue$20,091$1,905$48,315
Expenses$41,217$47,778$56,024
Qualifying Distributions$34,500$41,000$44,500
Net Investment Income$23,875$22,077$40,629
Distributable Amount$44,422$45,164$48,106

Giving Over Time

Total grant dollars and number of grants per year

$0$15K$30K$45K$61K6 grants20208 grants20216 grants20224 grants202311 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

FORT WAYNE BALLET$8KHONEYWELL ARTS ACADEMY$5KPRAGER UNIVERSITY$5KWORLD VENTURES$5KTURNING POINT USA$5KHUMANE FORT WAYNE$2KLIVE ACTION$2KLINCOLN ELEMENTARY SCHOOL$2KINDEPENDENT ARTS & MEDIA$500HUA MOMONA FARMS & FOUND…$500

Grant Size Distribution

35 grants across all recorded years

35<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Fort Wayne Ballet ($7,500), Honeywell Arts Academy ($5,000), Prager University ($5,000).

RecipientPurposeAmount
FORT WAYNE BALLET FORT WAYNE, INOPERATING$7,500
HONEYWELL ARTS ACADEMY WABASH, INOPERATING$5,000
HUMANE FORT WAYNE FORT WAYNE, INOPERATING$2,000
INDEPENDENT ARTS & MEDIA SAN FRANCISCO, CAOPERATING$500
JUNIOR ACHIEVEMENT FORT WAYNE, INOPERATING$150
LINCOLN ELEMENTARY SCHOOL FORT WAYNE, INOPERATING$1,850
LIVE ACTION ARLINGTON, VAOPERATING$2,000
PRAGER UNIVERSITY SHERMAN OAKS, CAOPERATING$5,000
WORLD VENTURES PLANO, TXOPERATING$5,000
HUA MOMONA FARMS & FOUNDATION LAHAINA, HIOPERATING$500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
BARRY LABOVSEC/TREASURE
CAROL LABOVPRESIDENT
ALAN LABOVDIRECTOR
LAURA LEAMONVICE PRESIDE

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Pb&j Foundation Inc?

Pb&j Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FORT WAYNE, IN. It holds $894K in total assets as of 2024.

How large is Pb&j Foundation Inc?

As of 2024, Pb&j Foundation Inc holds $894K in total assets with $20K in annual revenue. It awarded 11 grants totaling $35K in 2024.

Where does Pb&j Foundation Inc operate?

Pb&j Foundation Inc has awarded grants in Arkansas, Arizona, California, District of Columbia, Hawaii, Indiana, New York, Texas, Virginia.

What size grants does Pb&j Foundation Inc award?

In 2024, Pb&j Foundation Inc awarded 11 grants totaling $35K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Pb&j Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Pb&j Foundation Inc reported a distributable amount of $44K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Pb&j Foundation Inc's EIN?

Pb&j Foundation Inc's EIN (Employer Identification Number) is 27-2490505. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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