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Jeff Penn Foundation is a private trust based in SAINT LOUIS, MO. The foundation received its IRS ruling in 1960. The principal officer is % Wachovia Bank Na. It holds total assets of $6.4M. Annual income is reported at $1.9M. The foundation operates in the area of health. According to available records, Jeff Penn Foundation has made 3 grants totaling $1.1M, with a median grant of $379K. The foundation has distributed between $360K and $395K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $395K distributed across 1 grants. Individual grants have ranged from $360K to $395K, with an average award of $378K. Grant recipients are concentrated in North Carolina. Contributions to this foundation are tax-deductible.
Jeff Penn Foundation primarily funds organizations in the area of health. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in NC.
Jeff Penn Foundation has distributed a total of $1.1M across 3 grants. The median grant size is $379K, with an average of $378K. Individual grants have ranged from $360K to $395K.
Jeff Penn Foundation typically selects its grantees rather than accepting unsolicited proposals.
Jeff Penn Foundation is headquartered in SAINT LOUIS, MO.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Wells Fargo Bank N A | TRUSTEE | $82K | $0 | $82K |
Total Giving
$470K
Total Assets
$6.3M
Fair Market Value
$7.8M
Net Worth
$6.3M
Grants Paid
$379K
Contributions
$0
Net Investment Income
$438K
Distribution Amount
$362K
Total: $0
Total Grants
3
Total Giving
$1.1M
Average Grant
$378K
Median Grant
$379K
Unique Recipients
1
Most Common Grant
$360K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Moses Cone Health SystemGENERAL OPERATING | Greensboro, NC | $379K | 2023 |
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