P & B Foundation
Accepts applications
P & B Foundation is a private foundation in Matthews, North Carolina. In tax year 2024 it gave $407,154 in 9 grants; the typical grant was $18,200 and the largest $186,928. It accepts applications; its filing gives the instructions below.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$407,154
- Number of grants9
- Typical grant$18,200
- Largest grant$186,928
- Assets$11.2 million
- New grantees0%
Giving in 2024 was up from $338,742 the year before.
0% of its 2024 grantees had not received a grant from it the year before, so most of its money goes to organizations it already funds.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2022 | $318,830 | 12 | $9.4 million |
| 2023 | $338,742 | 10 | $10.5 million |
| 2024 | $407,154 | 9 | $11.2 million |
How to apply
| Contact | Larry Pratt 1025 Holleybank Drive, Matthews, NC 28105 |
|---|---|
| Phone or email | (704) 776-6178 |
| What to submit | Written request |
| Restrictions | Attach copy of determination letter of exemption under 501(c)(3) where applicable to grant request. |
What P & B Foundation funds
Where it gives
Its grants went to recipients in 8 states, the most to Ohio.
| State | Grants | Amount |
|---|---|---|
| Ohio | 1 | $186,928 |
| Texas | 2 | $88,900 |
| Tennessee | 1 | $57,174 |
| Alabama | 1 | $28,552 |
| Indiana | 1 | $18,200 |
| Illinois | 1 | $9,400 |
| New Hampshire | 1 | $9,000 |
| Pennsylvania | 1 | $9,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Baptist Mid Mission | Religious | $186,928 |
| Central Missionary Clearinghouse | Religious | $74,800 |
| Baptist International Missions | Religious | $57,174 |
| Baptist World Mission | Religious | $28,552 |
| Baptist Int'l Evg Ministries | Religious | $18,200 |
| Mt Abarium Baptist | Religious | $14,100 |
| Missioserve | Religious | $9,400 |
| Independent Baptist Mission Global | Religious | $9,000 |
| Fellowship International Mission | Religious | $9,000 |
Officers and trustees
- Larry C Pratt
- Barry Shearer
- Kevin Frye
- Tommy Abernethy
- Mark Hudson
Questions people ask
Does P & B Foundation accept grant applications?
Yes. Its latest IRS filing says it accepts applications.
How much does P & B Foundation give?
$407,154 in tax year 2024, across 9 grants, with a typical grant of $18,200.
Who runs P & B Foundation?
Its 2024 filing lists Larry C Pratt (Pres/Sec/Tre), Barry Shearer (Director), Kevin Frye (V. Pres) and Tommy Abernethy (Director) among 5 officers and trustees.
What does P & B Foundation fund?
Based on its grants, mainly faith communities and international.