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Payne Foundation is a private corporation based in HUNTSVILLE, AL. The foundation received its IRS ruling in 2019. The principal officer is George H Payne. It holds total assets of $216K. Annual income is reported at N/A. Total assets have grown from $113K in 2019 to $216K in 2024. The foundation is governed by 4 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2024. According to available records, Payne Foundation has made 9 grants totaling $28K, with a median grant of $4K. Annual giving has decreased from $10K in 2021 to $8K in 2023. Individual grants have ranged from $2K to $4K, with an average award of $3K. The foundation has supported 4 unique organizations. Grant recipients are concentrated in Alabama. 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.
Payne Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 9 grants. Its grantmaking reaches organizations primarily in AL.
Payne Foundation has distributed a total of $28K across 9 grants. The median grant size is $4K, with an average of $3K. Individual grants have ranged from $2K to $4K.
Payne Foundation typically selects its grantees rather than accepting unsolicited proposals.
Payne Foundation is headquartered in HUNTSVILLE, AL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Samuel H Givhan | DIRECTOR | $0 | $0 | N/A |
| George H Payne | CHAIRMAN | $0 | $0 | N/A |
| Danah White | SECRETARY | $0 | $0 | N/A |
| Burton H Payne | DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$216K
Fair Market Value
N/A
Net Worth
$216K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
9
Total Giving
$28K
Average Grant
$3K
Median Grant
$4K
Unique Recipients
4
Most Common Grant
$4K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Best Life RecoveryThe grant will benefitwomen with a homerecovering from addiction | Huntsville, AL | $4K | 2023 |
| Life SourceThe grant will assistwith inpatient drugaddiction. | Decatur, AL | $2K | 2023 |
| Wellstone IncThe grant will assist patients with mental health andsubstance abuse disorders. | Huntsville, AL | $2K | 2023 |
| Go Purple UsaThe grant will benefitthe recipient with funds for substance abuse | Huntsville, AL | $4K | 2022 |
BIRMINGHAM, AL
BIRMINGHAM, AL
BIRMINGHAM, AL