PB&J Foundation Inc
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.
Key facts about PB&J Foundation Inc
- EIN
- 27-2490505
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $34,500
- Grants made (2024)
- 11
- Average grant
- $3,136
- Median grant
- $2,000
- New grantees (estimate)
- 55% first-time grantees (6 of 11, 2024)
- Total assets
- $893,660
- Primary geography
- Indiana (48% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who PB&J Foundation Inc funds
By grant dollars, the top recipient states for PB&J Foundation Inc's 11 itemized 2024 grants were Indiana (48%), California (16%) and Texas (14%). The most frequent recipient cities were Fort Wayne, IN (4 grants). 100% of grants with a stated purpose were for general or operating support.
Is PB&J Foundation Inc open to new grantees?
55%
first-time grantees, 2024
In 2024, 6 of 11 grantees (55%) were first-time recipients. First grants averaged $2K; repeat grants $4K. How we count
Medians: $1K first-time, $5K repeat.
- 27% of 2024 grantees were also funded in 2023. Method
- Giving fell 43% from 2021 to 2024. Method
- In 2024 it paid out 78% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with PB&J Foundation Inc
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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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 11 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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
35 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Fort Wayne Ballet ($7,500), Honeywell Arts Academy ($5,000), Prager University ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| FORT WAYNE BALLET Fort Wayne, IN | OPERATING | $7,500 |
| HONEYWELL ARTS ACADEMY Wabash, IN | OPERATING | $5,000 |
| PRAGER UNIVERSITY Sherman Oaks, CA | OPERATING | $5,000 |
| WORLD VENTURES Plano, TX | OPERATING | $5,000 |
| TURNING POINT USA Phoenix, AZ | OPERATING | $5,000 |
| HUMANE FORT WAYNE Fort Wayne, IN | OPERATING | $2,000 |
| LIVE ACTION Arlington, VA | OPERATING | $2,000 |
| LINCOLN ELEMENTARY SCHOOL Fort Wayne, IN | OPERATING | $1,850 |
| INDEPENDENT ARTS & MEDIA San Francisco, CA | OPERATING | $500 |
| HUA MOMONA FARMS & FOUNDATION Lahaina, HI | OPERATING | $500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Barry Labov | Sec/Treasure | — | — |
| Carol Labov | President | — | — |
| Alan Labov | Director | — | — |
| Laura Leamon | Vice 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 September 2026. Sourced from IRS Form 990-PF filings.