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Nonprofit · EIN 23-7026742

PATTON FOUNDATION INC

Tax-exempt · CHARLOTTE, NC 28202

Financials

$44K$79K2023$34K$12K2024
Revenue Expenses · by fiscal year end
Financials of PATTON FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
July 31, 2025990-PF$34,207$11,526$22,681$596,166$0$596,166
July 31, 2024990-PF$43,973$78,994-$35,021$571,581$0$571,581
Financial details: 990-PF for the year ended July 31, 2025

Revenue

Dividends
$17,009
Interest
$334
Net gain from sales of assets
$16,770
Other income
$94

Expenses

Grants and similar amounts paid
$2,500
Disbursements for charitable purposes
$2,500
Excise tax on investment income
$360

Balance sheet and other

Total assets, start of year
$571,581
Total assets, end of year
$596,166
Total liabilities, end of year
$0
Net assets, end of year
$596,166
Fair market value of assets
$735,879
Qualifying distributions
$2,500
Net investment income
$34,100

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended July 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
John C Patton
PO Bos 2082, Banner Elk, NC 28604
Director1$0
J Darren Patton
PO Bos 2082, Banner Elk, NC 28604
Director1$0
Jed W Patton
PO Bos 2082, Banner Elk, NC 28604
Director1$0
Cindy O Patton
PO Bos 2082, Banner Elk, NC 28604
Director1$0
990-PF for the year ended July 31, 2024: 4 people
NameTitleHours / weekCompensation
John C Patton
9568 Van Wyck Rd, Lancaster, SC 29720
Director1$0
J Darren Patton
9568 Van Wyck Rd, Lancaster, SC 29720
Director1$0
Jed W Patton
9568 Van Wyck Rd, Lancaster, SC 29720
Director1$0
Cindy O Patton
9568 Van Wyck Rd, Lancaster, SC 29720
Director1$0

Address and contacts

Address (IRS master file)
128 S TRYON ST STE 300, CHARLOTTE, NC 28202-3275
In care of
% FIRST CITIZENS BANK
Signed the 990-PF
DARREN PATTON, DIRECTOR
Return prepared by
ERNST & YOUNG US LLP

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in July, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025July 31, 2026December 15, 2026Not due yet
2024July 31, 2025December 15, 2025990-PF on file
2023July 31, 2024December 16, 2024990-PF on file

IRS record

EIN
23-7026742
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
1969
Accounting year ends
July
Files
Form 990-PF
Assets (IRS master file)
$596,166
Income (IRS master file)
$429,374

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFJuly 2025$34,207$11,526$596,166XML
990-PFJuly 2024$43,973$78,994$571,581XML
990-PFJuly 2023–––IRS
990-PFJuly 2022–––IRS
990-PFJuly 2021–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7026742).

Questions about PATTON FOUNDATION INC

What is the EIN of PATTON FOUNDATION INC?
The employer identification number (EIN) of PATTON FOUNDATION INC is 23-7026742.
Is PATTON FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1969.
Are donations to PATTON FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does PATTON FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of PATTON FOUNDATION INC due?
The return for tax year 2025 (the year ending July 31, 2026) is due December 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PATTON FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended July 2025.
Who are the officers and directors of PATTON FOUNDATION INC?
The 990-PF for the year ended July 31, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does PATTON FOUNDATION INC have?
On its 990-PF for the year ended July 31, 2025 it reported revenue of $34,207, expenses of $11,526 and total assets of $596,166 at year end.

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