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Filing year 2023

THE PAYNE FUND

Cleveland, Ohio·EIN 13-5563006·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$817k
Total assets
$3.5M
Total expenses
$1.1M
Reported officers
7

Reported officers (all unpaid)

No paid executives reported in 2023. THE PAYNE FUND reported 7 unpaid officers and board members on its 990-PF.

Vice President
Treasurer
Vice President
Secretary
President
Vice President
Vice President

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$730k

Itemized grants

35

Median grant

$13k

RecipientLocationPurposeAmount
DECORATIVE ARTS CENTER OF OHIOLANCESTER, OHMAINTENANCE & REPAIR OF REESE-PETERS HOUSE$105k
MUSICAL ARTS ASSOCIATIONCLEVELAND, OHWE BELIEVE CAMPAIGN$50k
CLEVELAND MUSEUM OF ARTCLEVELAND, OHAFRICAN BYZANTINE EXHIBIT$50k
FRANCES PAYNE BOLTON SCHOOL OF NURSINGCLEVELAND, OHMANAN K. SHAUGHNESSY NURSE LEADERSHIP ACADEMY$50k
MOUNT VERNON LADIES ASSOCIATIONMOUNT VERNON, VAFRANCES PAYNE BOLTON VIEWSHED FUND$50k
MOUNT VERNON LADIES ASSOCIATIONMOUNT VERNON, VAFRANCES PAYNE BOLTON VIEWSHED FUND$50k
THEATRE DU REVEATLANTA, GAANNUAL FUND$25k
CITY CLUB OF CLEVELANDCLEVELAND, OHGUARDIANS OF FREE SPEECH CAMPAIGN$25k
BREVARD MUSIC CENTERBREVARD, NCTHE THOMAS C BOLTON DISTINGUISHED ARTIST CHAIR SPONSORED BY THOMAS C. BOLTON AND THE PAYNE FUND$25k
MUSICAL ARTS ASSOCIATIONCLEVELAND, OHANNUAL FUND$25k
MUSICAL ARTS ASSOCIATIONCLEVELAND, OHANNUAL FUND$25k
BOYS AND GIRLS CLUB OF NE OHIOCLEVELAND, OHGENERAL$25k
BREVARD MUSIC CENTERBREVARD, NCTHE THOMAS C BOLTON DISTINGUISHED ARTIST CHAIR SPONSORED BY THOMAS C. BOLTON AND THE PAYNE FUND$25k
CLEVELAND INSTITUTE OF MUSICCLEVELAND, OHSCHOLARSHIPS$25k
DECORATIVE ARTS CENTER OF OHIOLANCESTER, OHCAPITAL ENDOWNMENT$25k
HOSPICE OF THE WESTERN RESERVECLEVELAND, OHGENERAL$25k
BREVARD MUSIC CENTERBREVARD, NCSCHOLARSHIPS$20k
CLEVELAND COUNCIL OF WORLD AFFAIRSCLEVELAND, OHGENERAL$13k
CLEVELAND COUNCIL OF WORLD AFFAIRSCLEVELAND, OHGENERAL$13k
SAN FRANCISCO- MARIN FOOD BANKSAN FRANCISCO, CAGENERAL$10k
SQUASH DREAMERSJOGENERAL$10k
COMMUNITY LAND TRUST ASSOCIATION (CLAM)POINT REYES STATION, CAPROVIDE LOW COST HOUSING$10k
SQUASH DREAMERSJOGENERAL$5k
THE CARTER CENTERATLANTA, GAGENERAL$5k
TRUST FOR CONSERVATION INNOVATIONOAKLAND, CAMAVEN'S NOTEBOOK$5k
Compare this foundation's grantees

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Ohio

THE PAYNE FUND reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Ohio earns a median of $11,462.

25th percentile
$4k
Median
$11,462
75th percentile
$39k
90th percentile
$106k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 1,972 organizations across 1,972 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Ohio
FAQ

Common questions about THE PAYNE FUND

What are THE PAYNE FUND's revenue and expenses?

In 2023, THE PAYNE FUND reported $817k in total revenue and $1.1M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.