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The Payne Fund


Last Updated: 2016-02-23

At A Glance

The Payne Fund

50 Public Sq., Ste. 4100

Cleveland, OH United States 44113-2266

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Celebrity: Politics

Financial Data

(yr. ended 2013-12-31)

Assets: $4,059,612

Total giving: $809,000






Incorporated in 1929 in OH - Founded by the late Frances P. Bolton and the F.P. Bolton for Payne Fund Inc. Mrs. Bolton was the first woman elected to Congress from Ohio. In 1939, she assumed that seat after the death of her husband, Chester C. Bolton, who at the time of his death was the congressman. She served an additional 14 terms in the United States House of Representatives and was the first woman member of Congress to lead an international delegation. Among her accomplishments was the passing of legislation to acquire and preserve the property across from the home of George Washington on the Potomac River.

Purpose and Activities

Giving primarily for higher education and cultural programs.

Fields of Interest

  • Art museums
  • Arts and culture
  • Education
  • Higher education
  • Performing arts

Financial Data

Year ended 2013-12-31

Assets: $4,059,612 (market value)

Gifts received: $712,974

Expenditures: $1,001,432

Total giving: $809,000

Qualifying distributions: $920,968