Private Foundation

P & B FOUNDATION

P & B FOUNDATION is a private foundation categorized as Private Foundation based in MATTHEWS, NC. Its most recent IRS filing (2025) reports revenue of $1.3M, expenses of $629K, total assets of $9.1M. Imperigo tracks 65 reported grants from this foundation totaling approximately $1.9M.

EIN: 237083912 MATTHEWS, NC Latest filing: 2025
Total Revenue$1.3M
Total Expenses$629K
Total Assets$9.1M
Grants Given65
Grant Total$1.9M
Filing Years2021–2025

Before you apply to P & B Foundation

Accepts applications Published application instructions on its 2025 Form 990-PF.

Rarely funds new orgs Every recent recipient had been funded before (2022–2024).

Who to contact, what to include, deadlines, typical grant size and geographic focus are available with membership.

Sample Grants Given

BAPTIST MID MISSION
CLEVELAND, OH · 2024
RELIGIOUS
$186,928
CENTRAL MISSIONARY CLEARINGHOUSE
HOUSTON, TX · 2024
RELIGIOUS
$74,800
BAPTIST INTERNATIONAL MISSIONS
HARRISON, TN · 2024
RELIGIOUS
$57,174
BAPTIST WORLD MISSION
DECATUR, AL · 2024
RELIGIOUS
$28,552
BAPTIST INT'L EVG MINISTRIES
DANVILLE, IN · 2024
RELIGIOUS
$18,200

Showing up to 5 of 65 total records — full history available with membership.

Officers & Directors

DIRECTOR Barry Shearer
V. PRES Kevin Frye
PRES/SEC/TRE Larry C Pratt
DIRECTOR Mark Hudson
DIRECTOR Tommy Abernethy

Officer compensation and complete director data available with membership.

Top Grant Purposes

Religion & Spirituality
$1,884,426 64 grants
Research & Policy
$100 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $1.3M $629K $9.1M
2024 $502K $540K $8.5M
2023 $795K $508K $8.6M
2022 $-3K $563K $8.5M
2021 $-1.6M $2.6M $9.0M

Between 2021 and 2025, reported annual revenue moved from $-1.6M to $1.3M, with total assets most recently reported at $9.1M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in AL, FL, IL, IN, MN, NC, and 4 other states.

ALFLILINMNNCNHOHPASC

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for P & B FOUNDATION

Complete financials, all 65 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 880,000+ organizations.

Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports
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