Patton Foundation

Organization Overview

Patton Foundation is located in Hastings, MN. The organization was established in 2003. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Patton Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

Since 2016, Patton Foundation has awarded 26 individual grants totaling $250,250. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

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.


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $2
Dividends & Interest $20,570
Net Rental Income$0
Net Gain on Sale of Assets $84,298
Capital Gain Net Income $84,298
Net ST Capital Gain $6,302
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $104,870

Grants Awarded

Over the last fiscal year, Patton Foundation has awarded $50,000 in support to 5 organizations.

Grant RecipientAmount

CHARLEMAGNE INSTITUTE

Org PageRecipient Profile

Bloomington, MN

PURPOSE: CHARITABLE

$10,000

FOUNDATION FOR ECONOMIC FREEDOM

PURPOSE: CHARITABLE

$10,000

TECHNO SERVE

PURPOSE: CHARITABLE

$10,000

HILLSDALE COLLEGE

Org PageRecipient Profile

Hillsdale, MI

PURPOSE: CHARITABLE

$10,000

INSTITUTE FOR JUSTICE

PURPOSE: CHARITABLE

$10,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Patton Foundation has recieved totaling $100,000.

Awarding OrganizationAmount
Mercer Family Foundation

Waltham, MA

PURPOSE: DONATION

$100,000
View Grant Recipient Profile

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