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Carol M Penn Family Foundation is a private corporation based in BELMONT, CA. The foundation received its IRS ruling in 2017. The principal officer is Jonathan A Penn. It holds total assets of $277K. Annual income is reported at $115. Total assets have decreased from $494K in 2019 to $369K in 2023. The foundation is governed by 5 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in New York, California and Massachusetts. According to available records, Carol M Penn Family Foundation has made 24 grants totaling $84K, with a median grant of $2K. The foundation has distributed between $27K and $30K annually from 2021 to 2023. Individual grants have ranged from $500 to $10K, with an average award of $4K. The foundation has supported 16 unique organizations. The foundation primarily supports organizations in New York, California, Massachusetts, which account for 88% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$4K
Average Grant
$4K
Largest Grant
$10K
Based on 7 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Carol M Penn Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 24 grants. Its grantmaking reaches organizations primarily in NY, CA, MA.
Carol M Penn Family Foundation has distributed a total of $84K across 24 grants. The median grant size is $2K, with an average of $4K. Individual grants have ranged from $500 to $10K.
Carol M Penn Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Carol M Penn Family Foundation is headquartered in BELMONT, CA. While based in CA, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jonathan A Penn | SECRETARY, TREASURER, & VI | $0 | $0 | N/A |
| Laurence E Penn | VICE PRESIDENT AND DIRECTO | $0 | $0 | N/A |
| Carol M Penn | PRESIDENT AND DIRECTOR | $0 | $0 | N/A |
| Valerie A Penn | VICE PRESIDENT | $0 | $0 | N/A |
| Gregory E Penn | VICE PRESIDENT | $0 | $0 | N/A |
Total Giving
$33K
Total Assets
$369K
Fair Market Value
$369K
Net Worth
$369K
Grants Paid
$30K
Contributions
N/A
Net Investment Income
$145
Distribution Amount
$19K
Total Grants
24
Total Giving
$84K
Average Grant
$4K
Median Grant
$2K
Unique Recipients
16
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| American Friends Of Museums In IsraelFOR GENERAL OPERATING SUPPORT | New York, NY | $10K | 2023 |
| Same Sky Foundations At TidesFOR GENERAL OPERATING SUPPORT | San Francisco, CA | $7K | 2023 |
| Central SynagogueFOR GENERAL OPERATING SUPPORT | New York, NY | $2K | 2023 |
| Hospital For Special SurgeryFOR GENERAL OPERATING SUPPORT | New York, NY | $2K | 2023 |
| St Jude Childrens Research HospitalFOR GENERAL OPERATING SUPPORT | Memphis, TN | $2K | 2023 |
| The Solomon Guggenheim FoundationFOR GENERAL OPERATING SUPPORT | New York, NY | $2K | 2023 |
| Gary Sinise FoundationFOR GENERAL OPERATING SUPPORTFOR GENERAL OPERATING SUPPORTFOR GENERAL OPERATING SUPPORT | Nashville, TN | $2K | 2023 |
| Temple Emanuel Of Great NeckFOR GENERAL OPERATING SUPPORT | Great Neck, NY | $1K | 2023 |
| Habitat For Humanity InternationalFOR GENERAL OPERATING SUPPORT | Atlanta, GA | $1K | 2023 |
| The Common GoodFOR GENERAL OPERATING SUPPORT | New York, NY | $500 | 2023 |
| Women And Public Policy ProgramFOR GENERAL OPERATING SUPPORT | Cambridge, MA | $10K | 2022 |
| Rockefeller UniversityFOR GENERAL OPERATING SUPPORT | New York, NY | $5K | 2022 |
| Women'S Initative Of The WappFOR GENERAL OPERATING SUPPORT | Cambridge, MA | $10K | 2021 |
| Peninsula Temple Beth ElFOR GENERAL OPERATING SUPPORT | San Mateo, CA | $4K | 2021 |
| Youth AliveFOR GENERAL OPERATING SUPPORT | Oakland, CA | $500 | 2021 |
| Food Bank For New York CityFOR GENERAL OPERATING SUPPORT | Bronx, NY | $500 | 2021 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA