Peoples Bank Foundation logo

Peoples Bank Foundation

MARIETTA, OH EIN: 30-0222364 Website

The Peoples Bank Foundation is a corporate foundation based in Marietta, Ohio, established to foster lasting impact in the communities served by Peoples Bank. For over 20 years, the foundation has distributed contributions across its service region to support local programs benefiting low to moderate-income individuals and families.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.9M

+18.4% YoY

Annual Giving

$772K

+4.3% YoY

Grant Count

241

-3.6% YoY

Avg Grant Size

$3K

+8.2% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's mission centers on fostering lasting impact and increasing support for local programs that help low to moderate-income individuals and families.

Primary funding focus areas include:

  • Education
  • Human Services
  • Philanthropy, Voluntarism & Grantmaking

Grantmaking

Average Grant

amount varies by year

Review Cycle

March 31, June 30, September 30, and December 1

How to Apply

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Geographic Focus

Where this funder awards grants

The foundation serves communities within Peoples Bank's footprint:

  • Ohio
  • West Virginia
  • Kentucky
  • Virginia
  • Washington D.C.
  • Maryland
  • Burlington, Vermont (North Star Leasing)
  • Excelsior, Minnesota (Vantage Financial)

Primary grantmaking focus in Ohio, Kentucky, and West Virginia.

Grant Distribution by State

19states
+11 more states

Cities

AdaAdamsvilleAkronAlbanyAlexandriaAllianceAshlandAshtonAthensBaltimoreBarboursvilleBarnesvilleBataviaBeachwoodBeaverBeckleyBelpreBereaBethelBethesda

Financial History

Multi-year comparison from IRS filings

Assets & Giving (2023–2024)

  • Total assets: $1,897,531 (2024); $1,603,253 (2023)
  • Total giving: $772,287 (2024); $742,000 (2023)
  • Total revenues: $886,230 (2023)
  • Total expenses: $760,282 (2023)
  • Total grants, contributions: $840,000 (2023)
  • Investment income and dividends: $42,736 (2023)

Cumulative Impact

  • Over $8 million in grants and scholarships awarded since inception
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$349K$698K$1M$1M201920202021202220232024
Metric202420232022
Total Assets$1,897,531$1,603,253$1,474,823
Revenue$1,107,892$886,230$817,170
Expenses$815,201$760,282$747,958
Qualifying Distributions$783,246$741,615$721,613
Net Investment Income$115,067$25,282$5,099
Distributable Amount$101,695$85,166$82,009

Giving Over Time

Total grant dollars and number of grants per year

$0$194K$387K$581K$774K177 grants2019243 grants2020218 grants2021263 grants2022250 grants2023241 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

APPALACHIAN PARTNERSHIP …$50KMARIETTA COLLEGE$41KWASHINGTON STATE COMMUNI…$25KMEMORIAL HEALTH FOUNDATION$25KMUSKINGUM VALLEY HEALTH …$15KBETSEY MILLS CORPORATION$13KFOUNDATION FOR APPALACHI…$12KSOUTHEASTERN OHIO PORT A…$12KUNITED WAY ALLIANCE OF MOV$10KUNITED WAY GUERNSEY & NO…$5K

Grant Size Distribution

250 grants across all recorded years

247<$50K3$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Open Grants

1 open opportunity from Peoples Bank Foundation

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

Board and key personnel (as of most recent filing):

  • Staci Matheney – Chairman & President
  • Jeff Carmichael – Treasurer
  • M Ryan Kirkham – Secretary
  • Kathryn Bailey – Vice President
  • Kevin Eagan – Grant Coordinator, VP, VC
  • George Broughton – Director
  • Chuck Sulerzyski – Director
  • Jim Huggins – Director

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
GEORGE BROUGHTONDIRECTOR1
KEVIN EAGANGRANT COORDINATOR-VP, VC1
JEFF CARMICHAELTREASURER1
CHUCK SULERZYSKIDIRECTOR1
STACI MATHENEYCHAIRMAN & PRESIDENT1
JIM HUGGINSDIRECTOR1
KATHRYN BAILEYVICE PRESIDENT1
M RYAN KIRKHAMSECRETARY1

Recent News & Activity

Recent developments and announcements

The foundation announced opening of annual impact grant applications

Peoples Bank Announces Opening of Annual Impact Grant Applications
2026

Donated $10,000 to a domestic violence shelter (February 2026)

Peoples Bank Foundation donates $10K to domestic violence ...
2025

Donated over $135,000 to local charities and organizations in 2025

Peoples Bank Donates Over $135,000 to Local Charities and Organizations in

Bank Impact Grant program continues to recognize community-focused initiatives

Peoples Bank Announces Opening of Annual Impact Grant Applications

Subject Areas

Focus areas based on grantmaking activity

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

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