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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 is governed by 1 officer or trustee. The foundation operates in the area of health. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. 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.
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.
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
N/A
Net Investment Income
$438K
Distribution Amount
$362K
Total: N/A
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 |