Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Pontius Family Foundation Dtd 022597 is a private trust based in SIOUX FALLS, SD. The foundation received its IRS ruling in 1997. The principal officer is Bank Of America. It holds total assets of $4.2M. Annual income is reported at $6.3M. Total assets have grown from $1.2M in 2011 to $2.5M in 2023. The foundation is governed by 2 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 2016 to 2023. According to available records, Pontius Family Foundation Dtd 022597 has made 5 grants totaling $768K, with a median grant of $172K. Annual giving has grown from $175K in 2020 to $421K in 2022. Individual grants have ranged from $10K to $210K, with an average award of $154K. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in Alabama and Maryland. 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.
Pontius Family Foundation Dtd 022597 primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in AL, MD.
Pontius Family Foundation Dtd 022597 has distributed a total of $768K across 5 grants. The median grant size is $172K, with an average of $154K. Individual grants have ranged from $10K to $210K.
Pontius Family Foundation Dtd 022597 typically selects its grantees rather than accepting unsolicited proposals.
Pontius Family Foundation Dtd 022597 is headquartered in SIOUX FALLS, SD. While based in SD, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Regions Bank Trust Dept | TRUSTEE | $11K | $0 | $11K |
| Wealth Enhancement Trust Services | TRUSTEE | $8K | $0 | $8K |
Total Giving
$231K
Total Assets
$2.5M
Fair Market Value
$4M
Net Worth
$2.5M
Grants Paid
$188K
Contributions
N/A
Net Investment Income
$48K
Distribution Amount
$193K
Total Grants
5
Total Giving
$768K
Average Grant
$154K
Median Grant
$172K
Unique Recipients
3
Most Common Grant
$210K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Sure Foundation Training Center IncGENERAL SUPPORT GRANT | Baltimore, MD | $165K | 2020 |
| University Of MontevalloGENERAL OPERATING | Montevallo, AL | $210K | 2022 |
| Outdoor Scholars ProgramGENERAL SUPPORT GRANT | Montevallo, AL | $10K | 2020 |
SIOUX FALLS, SD
RAPID CITY, SD
SIOUX FALLS, SD