Willmarth and Marion Paine Scholarship

TOLEDO, OH EIN: 34-1365829

Willmarth and Marion Paine Scholarship is a private foundation focused on Education, based in TOLEDO, OH. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $539K in total assets. In 2024, it awarded 5 grants totaling $37K. Net investment income was $37K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$539K

-0.6% YoY

Annual Giving

$37K

-7.5% YoY

Grant Count

5

+25.0% YoY

Avg Grant Size

$7K

-26.0% YoY

About Willmarth and Marion Paine Scholarship

Based on IRS filings

Willmarth and Marion Paine Scholarship is a private foundation focused on Education, based in TOLEDO, OH. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $539K in total assets. In 2024, it awarded 5 grants totaling $37K. Net investment income was $37K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

Ann ArborClevelandColumbusDowners GroveFort LauderdaleLimaPerrysburg

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$15K$31K$46K$61K201920202021202220232024
Metric202420232022
Total Assets$539,203$542,373$559,892
Revenue$44,745$32,716$28,930
Expenses$47,817$50,108$52,784
Qualifying Distributions$39,785$42,692$45,389
Net Investment Income$36,871$25,611$21,715
Distributable Amount$43,369$40,011$41,967

Giving Over Time

Total grant dollars and number of grants per year

$0$11K$22K$32K$43K4 grants20193 grants20202 grants20215 grants20224 grants20235 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Ohio State University Sc…$28KUniversity of Michigan S…$4KNova Southeastern Univer…$2KMidwestern University Il…$2KOwens Community College$1K

Grant Size Distribution

19 grants across all recorded years

19<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Abbey RileySecty-Treas0.5
Nadeem KhanChair; Trustee0.1
Nancy HartzellTrustee0.1
Tracy Poole-SwerleinTrustee0.1
Michael KastnerTrustee0.1
Brett PelokTrustee0.1
James ElchingerTrustee0.11
Shannon LindsayTrustee0.1
Bethany TaylorTrustee0.1

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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