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Foundation Lookup

Form 990-PFTax year 2024EIN 23-7083912

P & B Foundation

A private foundation in Matthews, NC. Its return for tax year 2024 lists 9 grants and $407,154 paid in grants.

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Tax year 2024 (period ending Aug 31, 2025), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Accepts applications

The return gives an application contact and rules, as below.

Contact
Larry Pratt
1025 Holleybank Drive
Matthews, NC 28105
(704) 776-6178
Form and materials
Written request
Deadlines
None
Restrictions
Attach copy of determination letter of exemption under 501(c)(3) where applicable to grant request.

Assets and giving by year

6 returns on file
Grants paid by tax year. The latest year is in blue.

  • Tax year 2024

    $407,154

    Grants listed
    9
    Assets, end of year
    $9,134,497

  • Tax year 2023

    $338,742

    Grants listed
    10
    Assets, end of year
    $8,487,642

  • Tax year 2022

    $318,830

    Grants listed
    12
    Assets, end of year
    $8,593,226

  • Tax year 2021

    $373,366

    Grants listed
    17
    Assets, end of year
    $8,465,605

  • Tax year 2020

    $273,442

    Grants listed
    11
    Assets, end of year
    $8,979,417

  • Tax year 2019

    $172,992

    Grants listed
    6
    Assets, end of year
    $13,233,794

Grants paid in 2024

9 grants, largest first

As listed on the return.

  1. Baptist Mid MissionCleveland, OH

    Religious

    $186,928
  2. Central Missionary ClearinghouseHouston, TX

    Religious

    $74,800
  3. Baptist International MissionsHarrison, TN

    Religious

    $57,174
  4. Baptist World MissionDecatur, AL

    Religious

    $28,552
  5. Baptist Int'l Evg MinistriesDanville, IN

    Religious

    $18,200
  6. Mt Abarium BaptistArlington, TX

    Religious

    $14,100
  7. MissioserveWheaton, IL

    Religious

    $9,400
  8. Independent Baptist Mission GlobalNashua, NH

    Religious

    $9,000
  9. Fellowship International MissionAllentown, PA

    Religious

    $9,000

Where the money goes

By State

Grants to organizations with a US address, latest year.

  1. Ohio1 grant $186,928
  2. Texas2 grants $88,900
  3. Tennessee1 grant $57,174
  4. Alabama1 grant $28,552
  5. Indiana1 grant $18,200
  6. Illinois1 grant $9,400
  7. New Hampshire1 grant $9,000
  8. Pennsylvania1 grant $9,000

Officers, directors and trustees

5 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Larry C PrattPRES/SEC/TRE Hours 40Pay $103,742
  • Barry ShearerDIRECTOR Hours 0Pay $300
  • Kevin FryeV. PRES Hours 0Pay $300
  • Tommy AbernethyDIRECTOR Hours 0Pay $300
  • Mark HudsonDIRECTOR Hours 0Pay $300

The return

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