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Patton Foundation is a private corporation based in HASTINGS, MN. The foundation received its IRS ruling in 2003. The principal officer is Gina N Patton. It holds total assets of $554K. Annual income is reported at $691K. Total assets have decreased from $741K in 2011 to $546K in 2023. The foundation is governed by 3 officers and trustees. The foundations activities were focused on supporting direct relief to people who are in desperate situations and to longer term aid in the form of technical knowledge transfer. The foundation funded programs aligned with the mission of seeking deeper knowledge of our world or transferring or using what knowledge we have to help build a better world through increasing prosperity. The foundation supported longer term aid activities through technoserv. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Funding is distributed across 4 states, including Minnesota, Virginia, District of Columbia. According to available records, Patton Foundation has made 15 grants totaling $150K, with a median grant of $10K. Annual giving has grown from $50K in 2021 to $100K in 2022. Individual grants have ranged from $5K to $15K, with an average award of $10K. The foundation has supported 5 unique organizations. The foundation primarily supports organizations in Minnesota, Michigan, District of Columbia, which account for 80% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$10K
Median Grant
$10K
Average Grant
$10K
Largest Grant
$10K
Based on 5 grants from the most recent 990-PF filing.
The foundations activities were focused on supporting direct relief to people who are in desperate situations and to longer term aid in the form of technical knowledge transfer. The foundation funded programs aligned with the mission of seeking deeper knowledge of our world or transferring or using what knowledge we have to help build a better world through increasing prosperity. The foundation supported longer term aid activities through technoserv.
The foundations activities were focused on supporting direct relief to people who are in desperate situations and to longer term aid in the form of technical knowledge transfer. The foundation funded programs aligned with the mission of seeking deeper knowledge of our world or transferring or using what knowledge we have to help build a better world through increasing prosperity. The foundation supported longer term aid activities through technoserv. Based on available records, the foundation has funded 15 grants. Its grantmaking reaches organizations primarily in MN, MI, DC.
Patton Foundation has distributed a total of $150K across 15 grants. The median grant size is $10K, with an average of $10K. Individual grants have ranged from $5K to $15K.
Patton Foundation typically selects its grantees rather than accepting unsolicited proposals.
Patton Foundation is headquartered in HASTINGS, MN. While based in MN, the foundation distributes grants to organizations across 4 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Richard D Patton | V. PRESIDENT | $0 | $0 | N/A |
| Gina N Patton | PRESIDENT | $0 | $0 | N/A |
| Stephen Antonello | DIRECTOR | $0 | $0 | N/A |
Total Giving
$55K
Total Assets
$546K
Fair Market Value
$745K
Net Worth
$546K
Grants Paid
$40K
Contributions
N/A
Net Investment Income
$22K
Distribution Amount
$37K
Total Grants
15
Total Giving
$150K
Average Grant
$10K
Median Grant
$10K
Unique Recipients
5
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Hillsdale CollegeCHARITABLE | Hillsdale, MI | $15K | 2022 |
| Institute For JusticeCHARITABLE | Minneapolis, MN | $10K | 2022 |
| Techno ServeCHARITABLE | Washington, DC | $10K | 2022 |
| Charlemagne InstituteCHARITABLE | Bloomington, MN | $10K | 2022 |
| Foundation For Economic FreedomCHARITABLE | Arlington, VA | $5K | 2022 |