Peoples Bank Foundation
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
Under IRS private-foundation payout rules, Peoples Bank Foundation reported a distributable amount of $102K for 2024 — the minimum it must pay out in qualifying distributions.
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
**
Ready to take the next step with Peoples Bank Foundation?
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
States
Cities
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
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Open Grants
1 open opportunity from Peoples Bank Foundation
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Appalachian Partnership Inc ($50,000), Marietta College ($41,000), Washington State Community College Fnd ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| FOUNDATION FOR APPALACHIAN OHIO NELSONVILLE, OH | PROGRAM SUPPORT | $12,100 |
| THE ARC OF THE MID OHIO VALLEY INC PARKERSBURG, WV | PROGRAM SUPPORT | $1,000 |
| CASTING FOR KIDS INC WITTENSVILLE, KY | PROGRAM SUPPORT | $2,500 |
| THE DANE FOUNDATION INC CUYAHOGA FALLS, OH | PROGRAM SUPPORT | $1,000 |
| CITY OF RUSSELL FIRE DEPT RESCUE EQUIPME RUSSELL, KY | PROGRAM SUPPORT | $2,000 |
| WASHINGTON STATE COMMUNITY COLLEGE FND MARIETTA, OH | SCHOLARSHIPS | $25,000 |
| HIGHLAND COUNTY SOCIETY FOR HILLSBORO, OH | PROGRAM SUPPORT | $2,500 |
| RURAL ACTION INC THE PLAINS, OH | PROGRAM SUPPORT | $1,000 |
| GROW HIGHLAND COUNTY HILLSBORO, OH | PROGRAM SUPPORT | $2,500 |
| HAVAR INC ATHENS, OH | PROGRAM SUPPORT | $560 |
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
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GEORGE BROUGHTON | DIRECTOR | 1 | — |
| KEVIN EAGAN | GRANT COORDINATOR-VP, VC | 1 | — |
| JEFF CARMICHAEL | TREASURER | 1 | — |
| CHUCK SULERZYSKI | DIRECTOR | 1 | — |
| STACI MATHENEY | CHAIRMAN & PRESIDENT | 1 | — |
| JIM HUGGINS | DIRECTOR | 1 | — |
| KATHRYN BAILEY | VICE PRESIDENT | 1 | — |
| M RYAN KIRKHAM | SECRETARY | 1 | — |
Recent News & Activity
Recent developments and announcements
The foundation announced opening of annual impact grant applications
Peoples Bank Announces Opening of Annual Impact Grant ApplicationsDonated $10,000 to a domestic violence shelter (February 2026)
Peoples Bank Foundation donates $10K to domestic violence ...Donated over $135,000 to local charities and organizations in 2025
Peoples Bank Donates Over $135,000 to Local Charities and Organizations inBank Impact Grant program continues to recognize community-focused initiatives
Peoples Bank Announces Opening of Annual Impact Grant ApplicationsSubject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Peoples Bank Foundation fund?
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
How do I apply for a grant from Peoples Bank Foundation?
**Grant Amounts** • Typical award range: $390–$50,000 • Average grant amount varies by year **Application Requirements** • Applicants must be 501(c)(3) tax-exempt organizations • Direct applications only—the foundation does not accept applications from freelance or third-party grant writers • Requests should not be for operating costs, payroll, salaries, or stipends • Organizations may submit only one application annually **Application Process** • Applications are submitted through a partnershi…
Where does Peoples Bank Foundation make 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.
What size grants does Peoples Bank Foundation award?
In 2024, Peoples Bank Foundation awarded 241 grants totaling $772K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Peoples Bank Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Peoples Bank Foundation reported a distributable amount of $102K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Peoples Bank Foundation's EIN?
Peoples Bank Foundation's EIN (Employer Identification Number) is 30-0222364. IRS Form 990 filing data is available on this page for 2019–2024.
Explore Open Grants
Browse active grant opportunities in Peoples Bank Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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