Pioneer Fund Inc

Foundation · Grantmaker Potomac, MD EIN: 51-0181036

Pioneer Fund Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Potomac, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $304K in total assets. Net investment income was $6K.

Key facts about Pioneer Fund Inc

EIN: 51-0181036
Latest 990 filing: Form 990-PF, 2024
Total assets: $304,194

Data from IRS Form 990-PF, 2024; updated September 2026.

How Pioneer Fund Inc gives

In 2023 it paid out 102% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Next steps with Pioneer Fund Inc

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$304K

+9.5% YoY

Revenue

$6K

-8.0% YoY

Net Investment Income

$6K

-8.0% YoY

Expenses

$94

-99.3% YoY

Under IRS private-foundation payout rules, Pioneer Fund Inc reported a distributable amount of $13K for 2024 — the minimum it must pay out in qualifying distributions.

About Pioneer Fund Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Ohio $48K (78%)

Connecticut $13K (22%)

States

Connecticut Ohio

Cities

North OlmstedLitchfield

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$304,194	$277,873	$193,200
Revenue	$6,217	$6,760	$-3,037
Expenses	$94	$13,200	$37,000
Qualifying Distributions	—	$13,200	$37,090
Net Investment Income	$6,217	$6,760	$4,869
Distributable Amount	$13,263	$12,970	$14,606

Data update history

When this profile's IRS filing data changed on Grantable

February 28, 2026 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 0 recipients in 2024

Grant Size Distribution

3 grants across all recorded years

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

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
Richard Lynn	President	2	—
Edward Miller	Secretary Treasurer	1	—
Alexander Beaujean	Director	0.1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Pioneer Fund Inc?

Pioneer Fund Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in Potomac, MD. It holds $304K in total assets as of 2024.

How large is Pioneer Fund Inc?

As of 2024, Pioneer Fund Inc holds $304K in total assets with $6K in annual revenue.

Where does Pioneer Fund Inc operate?

Pioneer Fund Inc has awarded grants in Connecticut, Ohio.

How much is Pioneer Fund Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Pioneer Fund Inc reported a distributable amount of $13K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.