Payne Family Foundation

Organization Overview

Payne Family Foundation is located in Elkins, NH. The organization was established in 1997. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Payne Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Payne Family Foundation generated $116.2k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 27.6% each year . All expenses for the organization totaled $129.9k during the year ending 12/2021. While expenses have increased by 11.1% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Payne Family Foundation has awarded 118 individual grants totaling $489,650. 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.

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Board, Officers & Key Employees

Name (title)Compensation
David B Payne
Trustee
$0
Beverly Payne
Trustee
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $55
Interest on Savings $0
Dividends & Interest $21,171
Net Rental Income$0
Net Gain on Sale of Assets $94,965
Capital Gain Net Income $94,965
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $116,191

Grants Awarded

Over the last fiscal year, Payne Family Foundation has awarded $124,500 in support to 22 organizations.

Grant RecipientAmount

Saratoga Springs, NY

PURPOSE: CHARITABLE SUPPORT

$56,000

NEW LONDON BARN PLAYHOUSE

Org PageRecipient Profile

New London, NH

PURPOSE: CHARITABLE SUPPORT

$17,500

AUSBON SARGENT LAND PRESERVATION TRUST

Org PageRecipient Profile

New London, NH

PURPOSE: CHARITABLE SUPPORT

$11,500

COLBY-SAWYER COLLEGE

Org PageRecipient Profile

New London, NH

PURPOSE: CHARITABLE SUPPORT

$10,000

ALICE PECK DAY MEMORIAL HOSPITAL

Org PageRecipient Profile

Lebanon, NH

PURPOSE: CHARITABLE SUPPORT

$5,000

NEW LONDON NH HOSPITAL

PURPOSE: CHARITABLE SUPPORT

$5,000
View Grant Profile

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