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Halfpenny Foundation is a private corporation based in ARDMORE, PA. The foundation received its IRS ruling in 2018. It holds total assets of $823K. Annual income is reported at $69K. Total assets have grown from $600K in 2019 to $844K in 2023. The foundation is governed by 2 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 2018 to 2023. Grantmaking is concentrated in Pennsylvania. According to available records, Halfpenny Foundation has made 15 grants totaling $171K, with a median grant of $5K. Annual giving has decreased from $50K in 2020 to $16K in 2023. Grantmaking activity was highest in 2021 with $85K distributed across 6 grants. Individual grants have ranged from $1K to $60K, with an average award of $11K. The foundation has supported 5 unique organizations. Grants have been distributed to organizations in Pennsylvania and Florida. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$5K
Average Grant
$14K
Largest Grant
$60K
Based on 6 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.
Halfpenny Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 15 grants. Its grantmaking reaches organizations primarily in PA, FL.
Halfpenny Foundation has distributed a total of $171K across 15 grants. The median grant size is $5K, with an average of $11K. Individual grants have ranged from $1K to $60K.
Halfpenny Foundation typically selects its grantees rather than accepting unsolicited proposals.
Halfpenny Foundation is headquartered in ARDMORE, PA. While based in PA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bernard J Halfpenny | DIRECTOR/PRESIDENT | $0 | $0 | N/A |
| Nancy M Halfpenny | DIRECTOR/SECRETARY/TREASUR | $0 | $0 | N/A |
Total Giving
$19K
Total Assets
$844K
Fair Market Value
$1.3M
Net Worth
$844K
Grants Paid
$16K
Contributions
$53K
Net Investment Income
$35K
Distribution Amount
$55K
Total: $291K
Total Grants
15
Total Giving
$171K
Average Grant
$11K
Median Grant
$5K
Unique Recipients
5
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Shriners Hospital For ChildrenTO HELP PROVIDE CARE FOR CHILDREN WITH ORTHOPAEDIC CONDITIONS, BURNS, SPINAL CORD INJURIES, AND CLEFT LIP AND PALATE ARE ELIGIBLE FOR CARE AND RECEIVE ALL SERVICES IN A FAMILY-CENTERED ENVIRONMENT, REGARDLESS OF THE PATIENTS' ABILITY TO PAY. | Philadelphia, PA | $5K | 2023 |
| Inglis HouseTO HELP PROVIDE CARE FOR INDIVIDUALS WITH DISABILITIES. | Philadelphia, PA | $5K | 2023 |
| Sunnycrest Home IncTO HELP PROVIDE CARE FOR INDIVIDUALS WITH DISABILITIES. | Morgantown, PA | $5K | 2023 |
| Hobe Sound Community ChestTO PROMOTE THE SOCIAL AND ENVIRONMENTAL WELLBEING OF THE ENTIRE COMMUNITY BY SERVING HOBE SOUND RESIDENTS IN NEED. | Hobe Sound, FL | $1K | 2023 |
| St Joseph'S Preparatory SchoolTO ALLOW STUDENTS AND STAFF TO WORK TOGETHER TO CREATE A SUSTAINABLE, FAITH FILLED, AND ACTIVE RELATIONSHIP WITH OTHERS AND JESUS CHRIST. | Philadelphia, PA | $5K | 2022 |
WEST CONSHOHOCKEN, PA
LIGONIER, PA
PITTSBURGH, PA