Premier Bank Foundation
Premier Bank Foundation is a private foundation based in Canfield, Ohio. In filing year 2025, it reported 388 grants totaling $1,359,993, including grants designated for charitable purposes and sponsorships.
Premier Bank Foundation at a glance
In short: Premier Bank Foundation gave $1.4M across 388 grants in 2025 (avg $4K), mostly in Ohio. 22% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $1,359,993
- +0.0% vs 2024
- Grants made (2025)
- 388
- -15.8% vs 2024
- Average grant
- $3,505
- +18.8% vs 2024
- Median grant
- $1,682
- Total assets
- $14,481,875
- +36.6% vs 2024
- New grantees (estimate)
- 22% first-time grantees (80 of 364, 2025)
- Primary geography
- Ohio (86% 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 Premier Bank Foundation
- How to Apply
-
The filing lists the foundation as the contact, with no form or materials required. Awards are granted to qualified recipients as determined by the Distribution Committee.
- Review Cycle
- None listed on the filing.
- Deadline
- None listed on the filing.
- Contact
Application contact: Premier Bank Foundation
Mailing address: 275 W Federal Street, Youngstown, OH 44503
Phone: (330) 286-2883
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Premier Bank Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was The United Way of Youngstown and ($63K across 2 grants). Together the top 10 received $364K.
Organizations only. It also paid 2 individual scholarships ($5,000), which are not listed by name.
Grant Size Distribution
2,250 grants across all recorded years
The most common grant size was under $50K: 2,241 grants of 2,250 (100%).
Geographic Focus
Where this funder awards grants
In 2025, 86% of grant dollars went to recipients in Ohio, 9% to Indiana, 4% to Michigan, and 1% to an individual recipient accounted for 0% as reported on the filing.
Grant Distribution by State
Share of 2025 grant dollars across all 388 itemized grants.
States
Cities
Is Premier Bank Foundation open to new grantees?
22%
first-time grantees, 2025
In 2025, 80 of 364 grantees (22%) 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
- In 2025 it paid out 168% 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 $1.0M (2019) to $1.4M (2021). In 2025 it made 388 grants totaling $1.4M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The United Way of Youngstown and Youngstown, OH | Charitable | $60,000 |
| City of Youngstown Youngstown, OH | Charitable | $50,000 |
| Youngstown Neighborhood Development Youngstown, OH | Charitable | $31,000 |
| American Red Cross Akron, OH | Sponsorship | $30,000 |
| Fort Wayne-Allen County Economic DE Fort Wayne, IN | Charitable | $30,000 |
| YSU Foundation Youngstown, OH | Charitable | $30,000 |
| Youngstown State University Youngstown, OH | Sponsorship | $20,500 |
| Akron Area YMCA Akron, OH | Charitable | $20,000 |
| Marathon Center for the Performing Findlay, OH | Sponsorship | $20,000 |
| Team Neo Cleveland, OH | Charitable | $20,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $14,481,875 | $5,426,313 | $1,545,061 | $1,359,993 | 388 | $1,353,693 | $5,317,295 | $806,209 |
| 2024 | $10,600,623 | $3,054,346 | $1,567,785 | $1,359,610 | 461 | $1,459,860 | $2,953,800 | $786,556 |
| 2023 | $9,114,062 | $45,932 | $1,513,538 | $1,376,901 | 486 | $1,417,171 | $267,083 | $705,797 |
| 2022 | $10,581,668 | $801,429 | $1,561,927 | $1,366,040 | 499 | $1,457,778 | $709,934 | $725,257 |
| 2021 | $11,342,166 | $749,009 | $1,597,863 | $1,400,456 | 416 | $1,491,524 | $640,710 | $864,372 |
| 2020 | $12,377,642 | $669,548 | $1,491,923 | $1,330,947 | 317 | — | $439,979 | $760,047 |
| 2019 | $13,013,395 | $523,972 | $1,180,849 | $1,027,823 | 362 | — | $435,981 | $755,452 |
Under IRS private-foundation payout rules, Premier Bank Foundation reported a distributable amount of $806K 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
No foundation mission is stated in the available information. Its 2025 recipients included organizations whose own missions describe work in neighborhood development, social equity, entrepreneurship, community revitalization, mentoring, and local service coordination. For example, Youngstown Neighborhood Development describes its mission as improving quality of life in Youngstown by encouraging neighborhood investment; Fort Wayne Urban League says it works to advance social equity and economic self-reliance in underserved communities; and Bounce Innovation Hub says it supports entrepreneurship and early-stage and small businesses.
Grantmaking
In filing year 2025, the foundation made 388 grants totaling $1,359,993. Grant amounts ranged from $30 to $60,000, with a median grant of $1,682.
Among the largest reported grants were $60,000 to United Way of Youngstown and the (Youngstown, Ohio), $50,000 to the City of Youngstown, and $31,000 to Youngstown Neighborhood Development. Other examples include $30,000 to Fort Wayne-Allen County Economic De (Fort Wayne, Indiana), $30,000 to YSU Foundation, and $30,000 to the American Red Cross (Akron, Ohio). The 2025 filing classified the United Way and City of Youngstown grants as charitable and the American Red Cross grant as a sponsorship.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Wesbanco Bank Inc as trustee.
Premier Bank Foundation's only listed officer is Wesbanco Bank INC, Trustee on the 2025 filing (compensated).
Officers on the 2025 filing
Wesbanco Bank INC
Trustee
New on the 2025 filing
8 hrs/week
$98K (2025)
Former officers (2)
- Former: Premier Bank (2020–2024) — Trustee
- Former: Home Savings Bank (2019) — Trustee
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.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $98K, to Wesbanco Bank Inc (Trustee).
Frequently asked questions about Premier Bank Foundation
How much does Premier Bank Foundation give each year?
Premier Bank Foundation gave $1.4M across 388 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $1.4M across 461 grants.
What is Premier Bank Foundation's typical grant size?
Premier Bank Foundation's median grant in 2025 was $1,682, and its average grant was $3,505, across 388 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Premier Bank Foundation that year got $2K on average.
Where does Premier Bank Foundation give grants?
Premier Bank Foundation gives mostly in Ohio: 86% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was 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).
Does Premier Bank Foundation give general operating support?
Not in 2025: none of the 388 grants with a stated purpose on Premier Bank Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Sponsorship" (241 grants), "Charitable" (119 grants) and "Scholarship" (19 grants).
Who are Premier Bank Foundation's largest grantees?
Premier Bank Foundation's largest 2025 grantees include The United Way of Youngstown and ($63,000 across 2 grants), Youngstown State University ($56,500 across 3 grants) and City of Youngstown ($50,500 across 2 grants), according to its 2025 IRS Form 990-PF. It also paid 2 individual scholarships ($5,000), which are not listed by name. Together they received 13% of its itemized 2025 grant dollars.
How large is Premier Bank Foundation?
Premier Bank Foundation reported $14.5M in total assets on its 2025 IRS Form 990-PF. It paid out $1.4M in qualifying distributions that year, against a required minimum of $806K (roughly 5% of its investment assets).
What does Premier Bank Foundation fund?
No foundation mission is stated in the available information. Its 2025 recipients included organizations whose own missions describe work in neighborhood development, social equity, entrepreneurship, community revitalization, mentoring, and local service coordination. See mission & focus areas ↑
How do I apply for a grant from Premier Bank Foundation?
The filing lists the foundation as the contact, with no form or materials required. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
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.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS June 5, 2020)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 10, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 13, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 15, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 7, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 12, 2025)
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Cite this profile
Grantable. (2026). Premier Bank Foundation funder profile. GrantGraph. Retrieved October 19, 2026, from https://grantable.co/funders/premier-bank-foundation-morg_89da2913986f4dc9aee974565d81fe0c
BibTeX
@misc{grantable_341695319_2026,
author = {{Grantable}},
title = {{Premier Bank Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/premier-bank-foundation-morg_89da2913986f4dc9aee974565d81fe0c},
note = {Accessed 2026-10-19. 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 Premier 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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