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Esther And Seymour Padnos Foundation is a private corporation based in HOLLAND, MI. The foundation received its IRS ruling in 1992. The principal officer is William Padnos. It holds total assets of $19M. Annual income is reported at $1.2M. Total assets have grown from $392K in 2011 to $18M in 2023. The foundation is governed by 4 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. According to available records, Esther And Seymour Padnos Foundation has made 4 grants totaling $2.3M, with a median grant of $136K. Annual giving has grown from $21K in 2020 to $2.3M in 2023. Individual grants have ranged from $21K to $2M, with an average award of $579K. The foundation has supported 4 unique organizations. Grant recipients are concentrated in Michigan. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Esther And Seymour Padnos Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in MI.
Esther And Seymour Padnos Foundation has distributed a total of $2.3M across 4 grants. The median grant size is $136K, with an average of $579K. Individual grants have ranged from $21K to $2M.
Esther And Seymour Padnos Foundation typically selects its grantees rather than accepting unsolicited proposals.
Esther And Seymour Padnos Foundation is headquartered in HOLLAND, MI.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| William R Padnos | President | $0 | $0 | N/A |
| Mitchell W Padnos | Secretary | $0 | $0 | N/A |
| Cynthia B Padnos | Director | $0 | $0 | N/A |
| Shelley E Padnos | Treasurer | $0 | $0 | N/A |
Total Giving
$2.3M
Total Assets
$18M
Fair Market Value
$18.6M
Net Worth
$18M
Grants Paid
$2.3M
Contributions
$220K
Net Investment Income
$373K
Distribution Amount
$932K
Total Grants
4
Total Giving
$2.3M
Average Grant
$579K
Median Grant
$136K
Unique Recipients
4
Most Common Grant
$21K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Congregation EmanuelUNRESTRICTED GRANT TO GENERAL FUND | Grand Rapids, MI | $2M | 2023 |
| Grand Rapids Community FoundationUNRESTRICTED GRANT TO GENERAL FUND | Grand Rapids, MI | $250K | 2023 |
| Grand Valley State UniversityCONTRIBUTION TO ESTHER PADNOS NURSING SCHOLARSHIP | Allendale, MI | $21K | 2021 |
| Hollandzeeland Community FoundationUNRESTRICTED GRANTS TO GENERAL FUNDS | Holland, MI | $21K | 2020 |