The Pace Family Foundation Inc
The Pace Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PRINCETON, WV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 26 grants totaling $102K. Net investment income was $69K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.4M
-0.0% YoY
Annual Giving
$102K
+27.5% YoY
Grant Count
26
+0.0% YoY
Avg Grant Size
$4K
+27.5% YoY
Under IRS private-foundation payout rules, The Pace Family Foundation Inc reported a distributable amount of $87K for 2024 — the minimum it must pay out in qualifying distributions.
About The Pace Family Foundation Inc
Based on IRS filings
The Pace Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PRINCETON, WV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 26 grants totaling $102K. Net investment income was $69K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,434,942 | $1,434,951 | $1,417,661 |
| Revenue | $104,805 | $99,599 | $108,853 |
| Expenses | $103,313 | $81,274 | $90,178 |
| Qualifying Distributions | $102,933 | $80,894 | $89,685 |
| Net Investment Income | $69,138 | $62,422 | $59,108 |
| Distributable Amount | $87,280 | $82,884 | $157,440 |
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
125 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Marshall University Foundation ($35,000), Concord University Foundation ($21,000), Chuck Mathena Foundation ($8,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BIG GREEN SCHOLARSHIP FOUNDATION HUNTINGTON, WV | OPERATING FUNDS | $5,000 |
| MARSHALL UNIVERSITY FOUNDATION HUNTINGTON, WV | OPERATING FUNDS | $35,000 |
| PRINCETON COMMUNITY HOSPITAL FOUND PRINCETON, WV | OPERATING FUNDS | $2,000 |
| TENDER MERCIES MINISTRIES INC PRINCETON, WV | OPERATING FUNDS | $2,000 |
| CHUCK MATHENA FOUNDATION PRINCETON, WV | OPERATING FUNDS | $8,000 |
| SALVATION ARMY OF PRINCETON WV PRINCETON, WV | OPERATING FUNDS | $4,000 |
| HEAVEN SENT MINISTRIES PRINCETON, WV | OPERATING FUNDS | $1,512 |
| CONCORD UNIVERSITY FOUNDATION ATHENS, WV | OPERATING FUNDS | $21,000 |
| ALZHEIMER'S ASSOCIATION CHARLESTON, WV | OPERATING FUNDS | $500 |
| CHILD PROTECT OF MERCER COUNTY PRINCETON, WV | OPERATING FUNDS | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARGARET A PACE | PRESIDENT & | 1 | — |
| CHARLES W PACE | VICE-PRES & | 5 | — |
| C W PACE JR | TREAS & DIRE | 1 | — |
| CYNTHIA JONES | SECRETARY/DI | 1 | — |
| TIFFANY PACE | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Pace Family Foundation Inc?
The Pace Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PRINCETON, WV. It holds $1.4M in total assets as of 2024.
How large is The Pace Family Foundation Inc?
As of 2024, The Pace Family Foundation Inc holds $1.4M in total assets with $105K in annual revenue. It awarded 26 grants totaling $102K in 2024.
Where does The Pace Family Foundation Inc operate?
The Pace Family Foundation Inc has awarded grants in Florida, West Virginia.
What size grants does The Pace Family Foundation Inc award?
In 2024, The Pace Family Foundation Inc awarded 26 grants totaling $102K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is The Pace Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Pace Family Foundation Inc reported a distributable amount of $87K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Pace Family Foundation Inc's EIN?
The Pace Family Foundation Inc's EIN (Employer Identification Number) is 55-0768136. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Pace Family 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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