Private foundation (trust)EIN 135563006Est. 1930-03

THE PAYNE FUND

CLEVELAND, OH 44115

Total Assets

$3.5M

FY 2023

Annual Giving

$730K

FY 2023

Grants Made

35

FY 2023

Avg Grant

$21K

FY 2023

Grant Range

$1K–$105K

Typical

Deadlines

Applications

Financial Snapshot

2023 filing

Total Revenue

$817K

Total Expenses

$1.1M

Qualifying Distributions

$969K

Distributable Amount

$167K

Min. Investment Return

$168K

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

35 grants

Grant sizes from minimum $1K through median $13K to maximum $105K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

3 years

Giving over time from 2020 to 2023. Peak $944K in 2022. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

117 grants

FRANCES PAYNE BOLTON SCHOOL OF NURSING
$430K
7 grants
MOUNT VERNON LADIES ASSOCIATION
$425K
6 grants
MUSICAL ARTS ASSOCIATION
$300K
8 grants
DECORATIVE ARTS CENTER OF OHIO
$264K
9 grants
BREVARD MUSIC CENTER
$160K
7 grants
CLEVELAND INSTITUTE OF MUSIC
$109K
11 grants
THE CLEVELAND FOUNDATION
$100K
2 grants
LAKEVIEW CEMETERY FOUNDATION
$89K
5 grants

Grant Size Distribution

117 grants

<$10K
55
grants
$10–50K
54
grants
$50–250K
8
grants
$250K–1M
$1–5M
$5M+

Geographic Focus

9 states

Ohio
$1.7M
66% of total
Virginia
$425K
17% of total
North Carolina
$208K
8% of total
Georgia
$90K
4% of total
California
$90K
4% of total
New York
$30K
1% of total
Maine
$15K
1% of total
Massachusetts
$5K
0% of total
Minnesota
$5K
0% of total

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THE PAYNE FUND — Grants, Financials & Contact | Grantivo