The Pace Family Foundation Inc

Private foundation · Grantmaker Princeton, WV EIN: 55-0768136

The Pace Family Foundation Inc is a private foundation based in Princeton, West Virginia. It primarily supports religious and educational needs, with 2025 grants also going to organizations whose work includes community services, health, and support for children.

The Pace Family Foundation Inc at a glance

In short: The Pace Family Foundation Inc gave $104K across 26 grants in 2025 (avg $4K), mostly in West Virginia. 15% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$103,638
+1.8% vs 2024
Grants made (2025)
26
+0.0% vs 2024
Average grant
$3,986
+1.8% vs 2024
Median grant
$1,819
Total assets
$1,407,318
-1.9% vs 2024
New grantees (estimate)
15% first-time grantees (4 of 26, 2025)
Primary geography
West Virginia (98% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

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

How to apply to The Pace Family Foundation Inc

How to Apply

The foundation accepts verbal requests or letters requesting a grant. Its filing states that it does not restrict giving to preselected organizations and that there are no restrictions on awards; it primarily supports religious and educational needs.

Contact

Application contact: Charles W Pace
Mailing address: 617 East Drive, Princeton, WV 24740
Phone: (304) 487-3228

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who The Pace Family Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Marshall University Foundation: $23KMarshall University Foundation$23KConcord University Foundation: $21KConcord University Foundation$21KBig Green Scholarship Foundation: $15KBig Green ScholarshipFoundation$15KChuck Mathena Foundation: $8KChuck Mathena Foundation$8KCatholic Charities West Virginia: $4KCatholic Charities WestVirginia$4KPrinceton Sacred Heart Church: $4KPrinceton Sacred Heart Church$4KCross Lanes Elementary School: $3KCross Lanes Elementary School$3KMake-a-Wish Foundation: $3KMake-a-Wish Foundation$3KChildren's Home Society of WV: $2KChildren's Home Society of WV$2KMountain Mission: $2KMountain Mission$2K

The largest 2025 recipient was Marshall University Foundation ($23K). Together the top 10 received $84K.

Grant Size Distribution

128 grants across all recorded years

128<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 128 grants of 128 (100%).

Geographic Focus

Where this funder awards grants

In 2025, 98% of grant dollars went to recipients in West Virginia and 2% to recipients in Pennsylvania.

Grant Distribution by State

3states

Share of 2025 grant dollars across all 26 itemized grants.

Cities

PrincetonCharlestonBluefieldHuntingtonAthensCross LanesWheelingWhellingCoconut CreekPittsbourghSouth Charleston

Is The Pace Family Foundation Inc open to new grantees?

15%

first-time grantees, 2025

In 2025, 4 of 26 grantees (15%) were first-time recipients. First grants averaged $2K; repeat grants $4K. How we count

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

  • 85% of 2025 grantees were also funded in 2024. Method
  • Giving held roughly steady from 2022 to 2025 (+17%). Method
  • In 2025 it paid out 116% 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

$0$50K$100K$150K20 grants2019 23 grants2020 24 grants2021 26 grants2022 26 grants2023 26 grants2024 26 grants2025

From 2019 to 2025, annual grant giving ranged from $62K (2019) to $104K (2025). In 2025 it made 26 grants totaling $104K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Marshall University Foundation Huntington, WVOperating Funds$22,500
Concord University Foundation Athens, WVOperating Funds$21,000
Big Green Scholarship Foundation Huntington, WVOperating Funds$15,000
Chuck Mathena Foundation Princeton, WVOperating Funds$8,000
Catholic Charities West Virginia Princeton, WVOperating Funds$4,000
Princeton Sacred Heart Church Princeton, WVOperating Funds$4,000
Cross Lanes Elementary School Cross Lanes, WVOperating Funds$2,500
Make-a-Wish Foundation Pittsbourgh, PAOperating Funds$2,500
Children's Home Society of WV Charleston, WVOperating Funds$2,000
Mountain Mission Charleston, WVOperating Funds$2,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$1,407,318$78,778$105,350$103,63826$104,988$78,391$90,721
2024$1,434,942$104,805$103,313$101,76226$102,933$69,138$87,280
2023$1,434,951$99,599$81,274$79,81226$80,894$62,422$82,884
2022$1,417,661$108,853$90,178$88,62526$89,685$59,108$86,797
2021$1,400,908$99,986$76,301$75,16024$76,142$89,115$92,234
2020$1,376,566$122,617$75,994$74,56023—$54,691$80,255
2019$1,331,032$60,860$63,858$62,46020—$65,865$78,876

Under IRS private-foundation payout rules, The Pace Family Foundation Inc reported a distributable amount of $91K 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

The foundation’s filing says it primarily supports religious and educational needs. Its 2025 recipients included university foundations, a scholarship foundation, religious organizations, and community-service organizations.

The grantees describe their work in varied terms. Marshall University Foundation says it receives, invests, and administers private resources to support Marshall University; Concord University Foundation says it grows charitable resources and strengthens the university’s relationships with alumni and friends. Big Green Scholarship Foundation says it raises funds for athletic scholarships and supports Marshall University’s athletic program. Catholic Charities West Virginia describes providing services to people in need and working toward lasting change, while Mountain Mission describes providing emergency services and assistance to underprivileged individuals. Child Protect of Mercer County says it supports children and strengthens family relationships through child advocacy and family resource services.

Grantmaking

In 2025, the foundation awarded 26 grants totaling $103,638. Grants ranged from $500 to $22,500, with a median of $1,819. The largest awards went to Marshall University Foundation ($22,500), Concord University Foundation ($21,000), and Big Green Scholarship Foundation ($15,000). Other notable grants included $8,000 to Chuck Mathena Foundation and $4,000 each to Catholic Charities West Virginia and Princeton Sacred Heart Church. The listed grant purposes were operating funds.

The foundation awarded 26 grants totaling $101,762 in 2024 and 26 grants totaling $79,812 in 2023.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Margaret A. Pace as president, Charles W. Pace as vice-president, C W Pace Jr as treasurer and director, Cynthia Jones as secretary/director, and Tiffany Pace as director.

The Pace Family Foundation Inc is led by Margaret A. Pace, President on every filing since 2019; none of the 5 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Margaret A. Pace

    President

    On filings since 2019

    1 hr/week

    No compensation reported

  • C. W. Pace Jr.

    Treasurer & Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Cynthia Jones

    Secretary & Director

    Director → Secretary & Director, 2024

    On filings since 2019

    1 hr/week

    No compensation reported

  • Tiffany Pace

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Charles W. Pace

    Vice President

    On filings since 2019

    5 hrs/week

    No compensation reported

Former officers (1)
  • Former: Connie W. Pace (2019–2023) — Secretary

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.

Frequently asked questions about The Pace Family Foundation Inc

How much does The Pace Family Foundation Inc give each year?

The Pace Family Foundation Inc gave $104K across 26 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $102K across 26 grants.

What is The Pace Family Foundation Inc's typical grant size?

The Pace Family Foundation Inc's median grant in 2025 was $1,819, and its average grant was $3,986, across 26 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The Pace Family Foundation Inc that year got $2K on average.

Where does The Pace Family Foundation Inc give grants?

The Pace Family Foundation Inc gives mostly in West Virginia: 98% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Princeton, WV (12 grants), Charleston, WV (5 grants), Bluefield, WV (4 grants) and Huntington, WV (2 grants).

Does The Pace Family Foundation Inc give general operating support?

Yes: 100% of The Pace Family Foundation Inc's 2025 grants with a stated purpose (26 of 26) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are The Pace Family Foundation Inc's largest grantees?

The Pace Family Foundation Inc's largest 2025 grantees include Marshall University Foundation ($22,500), Concord University Foundation ($21,000) and Big Green Scholarship Foundation ($15,000), according to its 2025 IRS Form 990-PF. Together they received 56% of its itemized 2025 grant dollars.

How large is The Pace Family Foundation Inc?

The Pace Family Foundation Inc reported $1.4M in total assets on its 2025 IRS Form 990-PF. It paid out $105K in qualifying distributions that year, against a required minimum of $91K (roughly 5% of its investment assets).

What does The Pace Family Foundation Inc fund?

The foundation’s filing says it primarily supports religious and educational needs. Its 2025 recipients included university foundations, a scholarship foundation, religious organizations, and community-service organizations. See mission & focus areas ↑

How do I apply for a grant from The Pace Family Foundation Inc?

The foundation accepts verbal requests or letters requesting a grant. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

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 2019–2025.

Data last updated September 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

  1. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 8, 2025)
  2. Updated Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
  3. Added Form 990-PF for fiscal year 2019 (received by the IRS April 30, 2020)
  4. Updated Form 990-PF for fiscal year 2020 (received by the IRS April 1, 2021)
  5. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 12, 2022)
  6. Updated Form 990-PF for fiscal year 2022 (received by the IRS June 26, 2023)
  7. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 8, 2024)

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Cite this profile

Grantable. (2026). The Pace Family Foundation Inc funder profile. GrantGraph. Retrieved October 16, 2026, from https://grantable.co/funders/the-pace-family-foundation-inc-morg_4556bec95e51401d8f01fc4386e5ffef

BibTeX
@misc{grantable_550768136_2026,
  author       = {{Grantable}},
  title        = {{The Pace Family Foundation Inc funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/the-pace-family-foundation-inc-morg_4556bec95e51401d8f01fc4386e5ffef},
  note         = {Accessed 2026-10-16. 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 The Pace Family Foundation Inc'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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