Premier Bank Foundation

Foundation · Grantmaker Canfield, OH EIN: 34-1695319

The Premier Bank Foundation is a private foundation based in Canfield, Ohio, established in 1992. It operates as a 501(c)(3) organization and is also known as the Home Savings Charitable Foundation. The foundation supports charitable causes through grants and multi-year pledges to nonprofit organizations.

Key facts about Premier Bank Foundation

EIN
34-1695319
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$1,359,993
Grants made (2025)
388
Average grant
$3,505
Median grant
$1,682
New grantees (estimate)
23% first-time grantees (83 of 366, 2025)
Primary geography
Ohio (86% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Who Premier Bank Foundation funds

By grant dollars, the top recipient states for Premier Bank Foundation's 388 itemized 2025 grants were Ohio (86%) and Indiana (9%). The most frequent recipient cities were Youngstown, OH (49 grants), Findlay, OH (30 grants), Toledo, OH (26 grants) and Fort Wayne, IN (22 grants). None of its 388 grants with a stated purpose were described as general or operating support. Recurring purposes include "Sponsorship" (241 grants), "Charitable" (119 grants) and "Scholarship" (19 grants).

Is Premier Bank Foundation open to new grantees?

23%

first-time grantees, 2025

In 2025, 83 of 366 grantees (23%) were first-time recipients. First grants averaged $2K; repeat grants $4K. How we count

Medians: $750 first-time, $2K repeat.

  • 64% of 2025 grantees were also funded in 2024. Method
  • Giving held roughly steady from 2022 to 2025 (+0%). Method

Estimate from itemized IRS Form 990-PF grant lists (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$1.4M

+0.0% YoY

Grant Count

388

-15.8% YoY

Avg Grant Size

$4K

+18.8% YoY

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

Grantmaking

The foundation primarily funds sponsorship, charitable initiatives, program support, and scholarships through multi-year pledges. In 2024, the foundation made 512 grants totaling $838,038 across its grantee portfolio.

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Geographic Focus

Where this funder awards grants

The foundation's grantmaking reflects a focus on the Youngstown, Ohio area and surrounding regions, including Mahoning Valley and Defiance County.

Grant Distribution by State

19states

Share of all 388 itemized 2025 grant dollars.

Cities

YoungstownFort WayneFindlayToledoDefianceAdrianAkronCanfieldClevelandCantonLimaNapoleonBoardmanBowling GreenWarrenNilesUpper SanduskyMarionColumbusBryan

Financial History

Multi-year comparison from IRS filings

As of December 31, 2024:

  • Total Assets: $10,600,623
  • Total Revenues: $3,054,346
  • Total Expenses: $1,567,785
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.12019202020212022202320242025
Metric202520242023
Total Assets———
Revenue———
Expenses———
Qualifying Distributions———
Net Investment Income———
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 10, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 13, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 15, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 7, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 12, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
  7. IRS filings on file for fiscal years 2019–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$350K$700K$1M$1M362 grants2019317 grants2020416 grants2021499 grants2022486 grants2023461 grants2024388 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

United Way of Youngstown and the: $63K across 2 grantsUnited Way of Youngstown andthe$63K · 2 grantsYoungstown State University: $57K across 3 grantsYoungstown State University$57K · 3 grantsCity of Youngstown: $51K across 2 grantsCity of Youngstown$51K · 2 grantsYoungstown Neighborhood Development: $31KYoungstown NeighborhoodDevelopment$31KAmerican Red Cross: $30KAmerican Red Cross$30KFort Wayne-Allen County Economic DE: $30KFort Wayne-Allen CountyEconomic DE$30KYsu Foundation: $30KYsu Foundation$30KBounce Innovation Hub: $27K across 2 grantsBounce Innovation Hub$27K · 2 grantsAkron Area YMCA: $25K across 2 grantsAkron Area YMCA$25K · 2 grantsValley Economic Dev Partners: $21K across 2 grantsValley Economic Dev Partners$21K · 2 grants

Grant Size Distribution

2,250 grants across all recorded years

2241<$50K9$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest recipients include United Way of Youngstown and the ($63,000 across 2 grants), Youngstown State University ($56,500 across 3 grants), City of Youngstown ($50,500 across 2 grants).

RecipientPurposeAmount
UNITED WAY OF YOUNGSTOWN AND THE Youngstown, OHCHARITABLE$60,000
CITY OF YOUNGSTOWN Youngstown, OHCHARITABLE$50,000
YOUNGSTOWN NEIGHBORHOOD DEVELOPMENT Youngstown, OHCHARITABLE$31,000
AMERICAN RED CROSS Akron, OHSPONSORSHIP$30,000
FORT WAYNE-ALLEN COUNTY ECONOMIC DE Fort Wayne, INCHARITABLE$30,000
YSU FOUNDATION Youngstown, OHCHARITABLE$30,000
YOUNGSTOWN STATE UNIVERSITY Youngstown, OHSPONSORSHIP$20,500
AKRON AREA YMCA Akron, OHCHARITABLE$20,000
MARATHON CENTER FOR THE PERFORMING Findlay, OHSPONSORSHIP$20,000
TEAM NEO Cleveland, OHCHARITABLE$20,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

Wesbanco Bank Inc — Trustee: $98KWesbanco Bank IncTrustee$98K

From 2025 IRS filing

NameTitleHoursCompensation
Wesbanco Bank IncTrustee8$97,894

Recent News & Activity

Recent developments and announcements

The foundation has been active in supporting community initiatives, including awards for bilingual financial and cyber literacy programs, food security efforts, and rescue mission support services.

PremierBank awarded Bankers Foundation grant for bilingual financial and

Frequently Asked Questions

How do I apply for a grant from Premier Bank Foundation?

The foundation primarily funds sponsorship, charitable initiatives, program support, and scholarships through multi-year pledges. In 2024, the foundation made 512 grants totaling $838,038 across its grantee portfolio. **Recent Grant Examples:** • Youngstown Sister Cities Program: $50,000 (multi-year pledge) • United Way of Youngstown and the Mahoning Valley: $31,000 (program support) • Defiance County Homegrown Workforce: $28,000 (charitable) The foundation has also awarded grants to organizati…

Where does Premier Bank Foundation make grants?

The foundation's grantmaking reflects a focus on the Youngstown, Ohio area and surrounding regions, including Mahoning Valley and Defiance County.

What size grants does Premier Bank Foundation award?

In 2025, Premier Bank Foundation awarded 388 grants totaling $1.4M — an average of about $4K per grant, based on its IRS Form 990 filings.

What is Premier Bank Foundation's EIN?

Premier Bank Foundation's EIN (Employer Identification Number) is 34-1695319. IRS Form 990 filing data is available on this page for 2019–2025.

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

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