Persbacker Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW MILFORD, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 19 grants totaling $161K. Net investment income was $143K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.5M
-1.6% YoY
Annual Giving
$161K
+0.0% YoY
Grant Count
19
-5.0% YoY
Avg Grant Size
$8K
+5.3% YoY
Under IRS private-foundation payout rules, Persbacker Foundation Inc reported a distributable amount of $168K for 2024 — the minimum it must pay out in qualifying distributions.
About Persbacker Foundation Inc
Based on IRS filings
Persbacker Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW MILFORD, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 19 grants totaling $161K. Net investment income was $143K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,541,936 | $1,566,886 | $1,586,328 |
| Revenue | $147,752 | $150,895 | $102,378 |
| Expenses | $172,702 | $170,337 | $176,305 |
| Qualifying Distributions | $162,755 | $162,500 | $166,536 |
| Net Investment Income | $143,025 | $146,750 | $97,276 |
| Distributable Amount | $167,574 | $152,846 | $144,453 |
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
99 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Cultural Center of Ponte Vedra Beach ($45,000), Nuvance Health Fka Western Connecticut Health Network ($20,000), The University of Connecticut Foundation - Husky Excellence Fund ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AFTER SCHOOL ARTS PROGRAM (ASAP) WASHINGTON, CT | TO FOSTER CREATIVE LEARNING THROUGH THE ARTS | $1,000 |
| ANGELWOOD INC JACKSONVILLE, FL | PROVIDE SERVICES TO INDIVIDUALS WITH DISABILITIES AND THEIR FAMILIES | $10,000 |
| BE THE LIGHT JACKSONVILLE, FL | SUPPORT THE CATHEDRAL DISTRICT OF JACKSONVILLE, FLORIDA | $5,000 |
| BIT OF FAITH RANCH OF PONTE VEDRA PONTE VEDRA, FL | SUPPORT ADAPTIVE RIDING AND RELATED ACTIVITIES FOR PERSONS WITH AUTISM AND RELATED DISABILITIES | $10,000 |
| BRIGHT HOLIDAYS INC PONTE VEDRA BEACH, FL | TO SUPPORT ORGANIZATION'S CLOTHING FOR KIDS PROGRAM | $10,000 |
| CONNECTING THROUGH MUSIC ATLANTIC BEACH, FL | PROVIDE MUSIC THERAPY TO ENHANCE THE DEVELOPMENT OF CHILDREN WITH SPECIAL NEEDS | $5,000 |
| CULTURAL CENTER OF PONTE VEDRA BEACH PONTE VEDRA BEACH, FL | TO SUPPORT PROGRAMS EMPHASIZING ARTS FOR SPECIAL NEEDS CHILDREN | $45,000 |
| HUNT HILL FARM TRUST INC NEW MILFORD, CT | LAND CONSERVATION | $1,000 |
| JUNIATA COLLEGE HUNTINGDON, PA | K THROUGH 12 READING EDUCATION PROGRAM | $5,000 |
| MERWINSVILLE HOTEL RESTORATION INC GAYLORDSVILLE, CT | TO SUPPORT PRESERVATION OF HISTORIC BUILDING | $2,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ELAINE JOYCE WYMAN | PRESIDENT/DIRECTOR | 1 | $1,000 |
| ARTHUR C WEINSHANK | SECRETARY/DIRECTOR | 0.4 | $500 |
| STEVEN WYMAN | VICE PRESIDENT/DIRECTOR | 0.4 | $500 |
| TIMOTHY J RIORDAN | TREASURER/DIRECTOR | 0.4 | $500 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Persbacker Foundation Inc?
Persbacker Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW MILFORD, CT. It holds $1.5M in total assets as of 2024.
How large is Persbacker Foundation Inc?
As of 2024, Persbacker Foundation Inc holds $1.5M in total assets with $148K in annual revenue. It awarded 19 grants totaling $161K in 2024.
Where does Persbacker Foundation Inc operate?
Persbacker Foundation Inc has awarded grants in Connecticut, Florida, Pennsylvania.
What size grants does Persbacker Foundation Inc award?
In 2024, Persbacker Foundation Inc awarded 19 grants totaling $161K — an average of about $8K per grant, based on its IRS Form 990 filings.
How much is Persbacker Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Persbacker Foundation Inc reported a distributable amount of $168K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Persbacker Foundation Inc's EIN?
Persbacker Foundation Inc's EIN (Employer Identification Number) is 06-1619225. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Persbacker Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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