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Patton Foundation Inc. is a private corporation based in CHARLOTTE, NC. The foundation received its IRS ruling in 1969. The principal officer is First Citizens Bank. It holds total assets of $596K. Annual income is reported at $429K. 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 2021 to 2024. The foundation primarily funds organizations in North Carolina and South Carolina. According to available records, Patton Foundation Inc. has made 24 grants totaling $147K, with a median grant of $5K. The foundation has distributed between $71K and $76K annually from 2023 to 2024. Individual grants have ranged from $500 to $15K, with an average award of $6K. The foundation has supported 8 unique organizations. Grants have been distributed to organizations in North Carolina and South Carolina. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$10K
Average Grant
$8K
Largest Grant
$15K
Based on 8 grants from the most recent 990-PF filing.
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.
Patton Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 24 grants. Its grantmaking reaches organizations primarily in NC, SC.
Patton Foundation Inc. has distributed a total of $147K across 24 grants. The median grant size is $5K, with an average of $6K. Individual grants have ranged from $500 to $15K.
Patton Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Patton Foundation Inc. is headquartered in CHARLOTTE, NC. While based in NC, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Cindy O Patton | Director | $0 | $0 | N/A |
| John C Patton | Director | $0 | $0 | N/A |
| Jed W Patton | Director | $0 | $0 | N/A |
| J Darren Patton | Director | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$596K
Fair Market Value
N/A
Net Worth
$596K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
24
Total Giving
$147K
Average Grant
$6K
Median Grant
$5K
Unique Recipients
8
Most Common Grant
$10K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Salvation ArmyUNRESTRICTED GRANT | Charlotte, NC | $10K | 2024 |
| Charlotte Rescue MissionUNRESTRICTED GRANT | Charlotte, NC | $15K | 2024 |
| Community Culinary SchoolUNRESTRICTED GRANT | Charlotte, NC | $10K | 2024 |
| Catherine'S House IncUNRESTRICTED GRANT | Belmont, NC | $10K | 2024 |
| Hospice & Palliatice Care - CharlotteUNRESTRICTED GRANT | Charlotte, NC | $10K | 2024 |
| InreachUNRESTRICTED GRANT | Charlotte, NC | $10K | 2024 |
| Project Hope For Juvenile ArthritisUNRESTRICTED GRANT | Wake Forest, NC | $5K | 2024 |
| Special Olympics South Carolina IncUNRESTRICTED GRANT | Irmo, SC | $1K | 2024 |