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Premier Bank Foundation is a private trust based in CANFIELD, OH. The foundation received its IRS ruling in 1992. The principal officer is Farmers Trust Company. It holds total assets of $10.6M. Annual income is reported at $10.7M. Total assets have decreased from $12.5M in 2011 to $9.1M in 2023. The foundation is governed by 1 officer or trustee. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Ohio. According to available records, Premier Bank Foundation has made 1,763 grants totaling $5.5M, with a median grant of $1K. Annual giving has grown from $1.3M in 2020 to $2.7M in 2022. Individual grants have ranged from N/A to $60K, with an average award of $3K. The foundation has supported 772 unique organizations. The foundation primarily supports organizations in Ohio, Indiana, Michigan, which account for 96% of all grants. Grantmaking reaches organizations across 16 states. Contributions to this foundation are tax-deductible.
Smallest Grant
N/A
Median Grant
$2K
Average Grant
$4K
Largest Grant
$60K
Based on 317 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.
Premier Bank Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 1,763 grants. Its grantmaking reaches organizations primarily in OH, IN, MI.
Premier Bank Foundation has distributed a total of $5.5M across 1,763 grants. The median grant size is $1K, with an average of $3K. Individual grants have ranged from N/A to $60K.
Awards are granted to qualified recipients as determined by the distribution committee.
Premier Bank Foundation is headquartered in CANFIELD, OH. While based in OH, the foundation distributes grants to organizations across 16 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Premier Bank | TRUSTEE | $88K | $0 | $88K |
Total Giving
$1.5M
Total Assets
$9.1M
Fair Market Value
$15.1M
Net Worth
$9.1M
Grants Paid
$1.4M
Contributions
N/A
Net Investment Income
$267K
Distribution Amount
$706K
Total: $9M
Total Grants
1,763
Total Giving
$5.5M
Average Grant
$3K
Median Grant
$1K
Unique Recipients
772
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Youngstown State UniversitySCHOLARSHIPS | Youngstown, OH | $21K | 2022 |
| American Cancer SocietySPONSORSHIP | Cleveland, OH | $16K | 2022 |
| United Way Of Youngstown And ThePROGRAM SUPPORT | Youngstown, OH | $60K | 2022 |
| City Of YoungstownMULTI YEAR PLEDGE | Youngstown, OH | $50K | 2022 |
| American Red CrossSPONSORSHIP | Cleveland, OH | $30K | 2022 |
| Tiffin UniversityCHARITABLE | Tiffin, OH | $21K | 2022 |
| Hancock Historical MuseumSPONSORSHIP | Findlay, OH | $20K | 2022 |
| Malone UniversityCHARITABLE | West Canton, OH | $20K | 2022 |
| Promedica FoundationSPONSORSHIP | Toledo, OH | $20K | 2022 |
| Akron Area YmcaCHARITABLE | Akron, OH | $19K | 2022 |
| Defiance Area YmcaSPONSORSHIP | Defiance, OH | $18K | 2022 |
| Akron Childrens Hospital OfCHARITABLE | Youngstown, OH | $17K | 2022 |
| Bounce Innovation HubCHARITABLE | Akron, OH | $17K | 2022 |
| Kent State UniversitySCHOLARSHIPS | Kent, OH | $16K | 2022 |
| Team NeoCHARITABLE | Cleveland, OH | $15K | 2022 |
| Ballet Western ReserveSPONSORSHIP | Youngstown, OH | $15K | 2022 |
| Homegrown CouncilCHARITABLE | Defiance, OH | $14K | 2022 |
| Youngstown CityscapeSPONSORSHIP | Youngstown, OH | $13K | 2022 |
| Canfield Fair FoundationMULTI YEAR PLEDGE | Canfield, OH | $13K | 2022 |
| Alta Care GroupCHARITABLE | Youngstown, OH | $13K | 2022 |
| Friends Of Breakthrough SchoolsSPONSORSHIP | Cleveland, OH | $12K | 2022 |
| Stranahan TheaterSPONSORSHIP | Toledo, OH | $12K | 2022 |
| Ohio State UniversitySCHOLARSHIPS | Columbus, OH | $11K | 2022 |
| Downtown Toledo DevelopmentCHARITABLE | Toledo, OH | $10K | 2022 |
| United Way Of Defiance CountyPROGRAM SUPPORT | Defiance, OH | $10K | 2022 |
| Stambaugh AuditoriumPROGRAM SUPPORT | Youngstown, OH | $10K | 2022 |
| Compass Family ServicesSPONSORSHIP | Mineral Ridge, OH | $10K | 2022 |