Towering Pines Foundation

Foundation · Grantmaker PERRYSBURG, OH EIN: 31-1534802

Towering Pines Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PERRYSBURG, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 19 grants totaling $220K. Net investment income was $207K.

Key facts about Towering Pines Foundation

EIN: 31-1534802
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $219,500
Grants made (2024): 19
Average grant: $11,553
Median grant: $2,500
Total assets: $1,485,522
Primary geography: District of Columbia (46% of itemized 2024 grant dollars)

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

Who Towering Pines Foundation funds

By grant dollars, the top recipient states for Towering Pines Foundation's 19 itemized 2024 grants were District of Columbia (46%), North Carolina (30%) and Arizona (9%). The most frequent recipient cities were Durham, NC (7 grants), Washington, DC (2 grants) and Dallas, TX (2 grants). 95% of grants with a stated purpose were for general or operating support.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.5M

-1.8% YoY

Annual Giving

$220K

+2.1% YoY

Grant Count

+11.8% YoY

Avg Grant Size

$12K

-8.7% YoY

Under IRS private-foundation payout rules, Towering Pines Foundation reported a distributable amount of $147K for 2024 — the minimum it must pay out in qualifying distributions.

About Towering Pines Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

District of Columbia $102K (46%)

North Carolina $66K (30%)

Arizona $20K (9%)

Virginia $18K (8%)

Michigan $10K (5%)

All other $5K (2%)

Share of all 19 itemized 2024 grant dollars.

States

Alabama Arizona California District of Columbia Georgia Michigan Montana North Carolina Texas Virginia

Cities

DurhamDallasWashingtonAnn ArborArlingtonAtlantaHerndonPhoenixRaleighFairfaxMidlandGardinerScottsdaleSherman OaksAuburnChapel HillHillsdaleLos AngelesReston

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,485,522	$1,512,358	$1,569,571
Revenue	$211,841	$170,588	$43,625
Expenses	$238,677	$227,801	$173,744
Qualifying Distributions	$233,811	$226,280	$168,845
Net Investment Income	$206,975	$169,067	$38,726
Distributable Amount	$147,074	$134,284	$141,149

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

85 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Center for Urban Renewal ($100,000), Caring House ($51,000), The Emily K Center ($20,000).

Recipient	Purpose	Amount
CENTER FOR URBAN RENEWAL WASHINGTON, DC	GENERAL	$100,000
CARING HOUSE DURHAM, NC	GENERAL	$51,000
THE EMILY K CENTER PHOENIX, AZ	GENERAL	$20,000
THE LEADERSHIP INSTITUTE ARLINGTON, VA	GENERAL	$10,000
UNIVERSITY OF MICHIGAN ANN ARBOR, MI	JAY & KAY PETERS GRADUATE PSYCH STUDENT	$10,000
CLARE BOOTHE LUCE CENTER FOR CONSER HERNDON, VA	GENERAL	$5,000
TROSA DURHAM DURHAM, NC	GENERAL	$5,000
DURHAM ACADEMY DURHAM, NC	GENERAL	$3,000
CENTER FOR CHILD FAMILY HEALTH DURHAM, NC	GENERAL	$2,500
THE GMU FOUNDATION FAIRFAX, VA	GENERAL	$2,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
JAY L PETERS	PRES & TTEE	0.1	—
KATHRYN H PETERS	VP & TTEE	0.1	—
CHAD R BAKER	SECRETARY - TR	0.1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Towering Pines Foundation?

Towering Pines Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PERRYSBURG, OH. It holds $1.5M in total assets as of 2024.

How large is Towering Pines Foundation?

As of 2024, Towering Pines Foundation holds $1.5M in total assets with $212K in annual revenue. It awarded 19 grants totaling $220K in 2024.

Where does Towering Pines Foundation operate?

Towering Pines Foundation has awarded grants in Alabama, Arizona, California, District of Columbia, Georgia, Michigan, Montana, North Carolina, Texas, Virginia.

What size grants does Towering Pines Foundation award?

In 2024, Towering Pines Foundation awarded 19 grants totaling $220K — an average of about $12K per grant, based on its IRS Form 990 filings.

How much is Towering Pines Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Towering Pines Foundation reported a distributable amount of $147K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.