Peoples Bank Foundation
Peoples Bank Foundation is a private foundation based in Marietta, Ohio, that supports charitable organizations and community programs in the communities served by Peoples Bank. It says its giving helps local programs serving low- to moderate-income individuals and families.
Peoples Bank Foundation at a glance
In short: Peoples Bank Foundation gave $734K across 253 grants in 2025 (avg $3K), mostly in Ohio. 54% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $734,100
- -4.9% vs 2024
- Grants made (2025)
- 253
- +5.0% vs 2024
- Average grant
- $2,902
- -9.5% vs 2024
- Median grant
- $2,000
- Total assets
- $1,958,727
- +3.2% vs 2024
- New grantees (estimate)
- 54% first-time grantees (136 of 251, 2025)
- Primary geography
- Ohio (51% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Peoples Bank Foundation
- How to Apply
-
Submit a grant application directly as the 501(c)(3) organization seeking funding. The Foundation’s application page describes an online application process and says applicants must verify their information before submitting, as they cannot make changes afterward.
- Review Cycle
- The application page lists quarterly due dates of March 31, June 30, September 30, and December 1. The Foundation’s 2025 filing states that there are no deadlines.
- Deadline
- The application page lists quarterly due dates of March 31, June 30, September 30, and December 1.
- Contact
Application contact: Kevin Eagan
Mailing address: 138 Putnam Street, Marietta, OH 45750
Phone: (740) 374-6172
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
1 open opportunity from Peoples Bank Foundation
Who Peoples Bank Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Marietta College ($39K). Together the top 10 received $196K.
Grant Size Distribution
1,225 grants across all recorded years
The most common grant size was under $50K: 1,221 grants of 1,225 (100%).
Geographic Focus
Where this funder awards grants
The Foundation says it serves communities in Peoples Bank’s footprint, including Ohio, an individual recipient, Kentucky, Virginia, Washington, D.C., and Maryland. Its application information also lists Burlington, Vermont, and Excelsior, Minnesota, in connection with specialty finance divisions. The 2025 filing identifies Ohio, an individual recipient, Kentucky, Virginia, Washington, D.C., and Maryland as its principal areas.
In 2025, the largest shares of grant dollars by recipient state were Ohio (51%), Kentucky (16%), and an individual recipient (16%), followed by Washington, D.C. (6%) and Virginia (5%).
Grant Distribution by State
Share of 2025 grant dollars across all 253 itemized grants.
States
Cities
Is Peoples Bank Foundation open to new grantees?
54%
first-time grantees, 2025
In 2025, 136 of 251 grantees (54%) were first-time recipients. First grants averaged $3K; repeat grants $3K. How we count
Medians: $2K first-time, $1K repeat.
- 37% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (+3%). Method
- In 2025 it paid out 630% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $490K (2019) to $774K (2020). In 2025 it made 253 grants totaling $734K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Marietta College Marietta, OH | Program Support | $39,000 |
| Foundation for Appalachian Ohio Nelsonville, OH | Support of Organizations | $30,000 |
| Memorial Health Foundation Marietta, OH | Program Support | $25,000 |
| WSCC Foundation Marietta, OH | Program Support | $25,000 |
| Muskingum Valley Health Centers Malta, OH | Program Support | $15,000 |
| Betsey Mills Corporation Marietta, OH | Program Support | $12,500 |
| Southeastern Ohio Port Authority Marietta, OH | Program Support | $12,000 |
| Rotary International Byesville, OH | Holiday Donation | $11,000 |
| Don Bosco Cristo Rey High School Takoma Park, MD | Support of Organizations | $11,000 |
| Mountaineer Food Bank Inc Gassaway, WV | Program Support | $10,000 |
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Financial History
Multi-year comparison from IRS filings
The filing reports grant counts of 253 in 2025, 241 in 2024, and 250 in 2023.
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,958,727 | $841,809 | $785,002 | $734,100 | 253 | $746,746 | $140,152 | $118,595 |
| 2024 | $1,897,531 | $1,107,892 | $815,201 | $772,287 | 241 | $783,246 | $115,067 | $101,695 |
| 2023 | $1,603,253 | $886,230 | $760,282 | $740,615 | 250 | $741,615 | $25,282 | $85,166 |
| 2022 | $1,474,823 | $817,170 | $747,958 | $712,418 | 263 | $721,613 | $5,099 | $82,009 |
| 2021 | $1,405,338 | $1,269,594 | $666,515 | $628,064 | 218 | $628,064 | $130,083 | $61,974 |
| 2020 | $802,667 | $981,756 | $798,446 | $774,259 | 243 | — | $17,589 | $46,090 |
| 2019 | $619,059 | $634,061 | $516,056 | $490,014 | 177 | — | $20,211 | $34,140 |
Under IRS private-foundation payout rules, Peoples Bank Foundation reported a distributable amount of $119K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The Foundation describes its purpose as improving community members’ lives by supporting important causes across its footprint. It identifies five areas of giving: Community Investment and Economic Development; Youth and Education; Health and Human Services; Arts and Culture; and Environmental Stewardship. It also highlights food assistance and hunger awareness as a particular passion.
Its 2025 recipients illustrate the range of organizations supported. Marietta College says it provides a liberal arts and graduate education intended to develop leadership, critical thinking, and problem-solving. The Foundation for Appalachian Ohio describes itself as a regional community foundation serving Appalachian Ohio. Mountaineer Food Bank says its work includes alleviating hunger and building a statewide food distribution network. Sunrise Children’s Services says it provides care and support for children and families through Christ-centered ministries.
Grantmaking
In filing year 2025, the Foundation reported 253 grants totaling $734,100. Grant amounts ranged from $500 to $39,000, with a median of $2,000. The Foundation’s 2025 annual report separately reports $693,100 in grants to 243 organizations and $41,000 in scholarships.
Among the largest reported 2025 grants were $39,000 to Marietta College, $30,000 to the Foundation for Appalachian Ohio, $25,000 each to Memorial Health Foundation and WSCC Foundation, and $15,000 to Muskingum Valley Health Centers. The reported purposes included program support and support of organizations.
The Foundation’s application information says applicants must be IRS-approved 501(c)(3) charitable organizations, requests should not be for operating costs, payroll, salaries, or stipends, and organizations may submit one application annually. It accepts applications directly from the organization seeking funding and does not accept requests from freelance or third-party grant writers. The application page describes quarterly reviews and says decisions are communicated by email within 30 days of each quarterly due date.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Staci Matheney as Chairman and President; Kevin Eagan as Grant Coordinator-VP, VC; Jeff Carmichael as Treasurer; Kathryn Bailey as Vice President; and M Ryan Kirkham as Secretary. It also lists George Broughton, Chuck Sulerzyski, and Jim Huggins as directors.
Peoples Bank Foundation is led by Staci Matheney, Chairman & President on every filing since 2019; none of the 8 officers listed in 2025 report compensation.
Officers on the 2025 filing
Staci Matheney
Chairman & President
On filings since 2019
1 hr/week
No compensation reported
Chuck Sulerzyski
Director
On filings since 2019
1 hr/week
No compensation reported
George Broughton
Director
On filings since 2019
1 hr/week
No compensation reported
Jim Huggins
Director
On filings since 2019
1 hr/week
No compensation reported
Kathryn Bailey
Vice President
Vice President → Vice Presidnet, 2020
Vice Presidnet → Vice President, 2022
On filings since 2019
1 hr/week
No compensation reported
M. Ryan Kirkham
Secretary
On filings since 2019
1 hr/week
No compensation reported
Kevin Eagan
Grant Coordinator-Vp
On filings since 2020
1 hr/week
No compensation reported
Jeff Carmichael
Treasurer
On filings since 2022
1 hr/week
No compensation reported
Former officers (3)
- Former: Beth Worthington (2019–2021) — Treasurer
- Former: Kristi Close (2019) — Grant Coordinator-Vp
- Former: Tracy Jensen (2019) — Director
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Peoples Bank Foundation
How much does Peoples Bank Foundation give each year?
Peoples Bank Foundation gave $734K across 253 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $772K across 241 grants.
What is Peoples Bank Foundation's typical grant size?
Peoples Bank Foundation's median grant in 2025 was $2,000, and its average grant was $2,902, across 253 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Peoples Bank Foundation that year got $3K on average.
Where does Peoples Bank Foundation give grants?
Peoples Bank Foundation gives mostly in Ohio: 51% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Kentucky (16%) and West Virginia (16%). The most frequent recipient cities were Marietta, OH (14 grants), Washington, DC (10 grants), Parkersburg, WV (6 grants) and Jackson, KY (6 grants).
Does Peoples Bank Foundation give general operating support?
Occasionally: 0% of Peoples Bank Foundation's 2025 grants with a stated purpose (1 of 253) were for general or operating support, per its 2025 IRS Form 990-PF. Recurring purposes include "Program Support" (130 grants), "Support of Organizations" (78 grants) and "Scholarship" (22 grants).
Who are Peoples Bank Foundation's largest grantees?
Peoples Bank Foundation's largest 2025 grantees include Marietta College ($39,000), Foundation for Appalachian Ohio ($35,000 across 2 grants) and Memorial Health Foundation ($25,000), according to its 2025 IRS Form 990-PF. Together they received 13% of its itemized 2025 grant dollars.
How large is Peoples Bank Foundation?
Peoples Bank Foundation reported $2.0M in total assets on its 2025 IRS Form 990-PF. It paid out $747K in qualifying distributions that year, against a required minimum of $119K (roughly 5% of its investment assets).
What does Peoples Bank Foundation fund?
The Foundation describes its purpose as improving community members’ lives by supporting important causes across its footprint. See mission & focus areas ↑
How do I apply for a grant from Peoples Bank Foundation?
Submit a grant application directly as the 501(c)(3) organization seeking funding. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
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 2019–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS June 17, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
- IRS filings on file for fiscal years 2019–2024
Live grants for the work Peoples Bank Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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Cite this profile
Grantable. (2026). Peoples Bank Foundation funder profile. GrantGraph. Retrieved October 24, 2026, from https://grantable.co/funders/peoples-bank-foundation-morg_8da4be2bfa774a968141c51408d41be8
BibTeX
@misc{grantable_300222364_2026,
author = {{Grantable}},
title = {{Peoples Bank Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/peoples-bank-foundation-morg_8da4be2bfa774a968141c51408d41be8},
note = {Accessed 2026-10-24. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Peoples Bank Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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