EAST BRUNSWICK, NJ

P E N N

Also known as: co John Frieri Esq

Quick Facts

EIN: 861563134
Location: EAST BRUNSWICK, NJ
Phone: (732) 846-3000
Category: Human Services
Total Assets: $1.2M
Annual Income: $26K
IRS Ruling Year: 2022
Organization Type: Operating Foundation
Principal Officer: % Katherine Nunnally
Tax Deductibility: Contributions are deductible

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About This Foundation

P E N N is a private trust based in EAST BRUNSWICK, NJ. The foundation received its IRS ruling in 2022. The principal officer is % Katherine Nunnally. It holds total assets of $1.2M. Annual income is reported at $26K. PROVIDE FOOD, CLOTHING & EARLY CHILDHOOD EDUCATIONAL SUPPLIES TO LOW-INCOME FAMILIES FROM SURROUNDING COMMUNITIES. According to available records, P E N N has made 14 grants totaling $333K, with a median grant of $15K. Annual giving has decreased from $248K in 2022 to $85K in 2023. Individual grants have ranged from $5K to $75K, with an average award of $24K. The foundation has supported 6 unique organizations. Grant recipients are concentrated in New Jersey. Contributions to this foundation are tax-deductible.

Application Information

Preselected OnlyThis foundation typically selects grantees rather than accepting unsolicited proposals.

Programs & Activities

Provide food, clothing, & early childhood educational supplies to low-income families from surrounding communities

Expenses: $110K

Frequently Asked Questions

What does P E N N fund?

PROVIDE FOOD, CLOTHING & EARLY CHILDHOOD EDUCATIONAL SUPPLIES TO LOW-INCOME FAMILIES FROM SURROUNDING COMMUNITIES. Based on available records, the foundation has funded 14 grants. Its grantmaking reaches organizations primarily in NJ.

How much does P E N N give in grants?

P E N N has distributed a total of $333K across 14 grants. The median grant size is $15K, with an average of $24K. Individual grants have ranged from $5K to $75K.

How do I apply for a grant from P E N N?

P E N N typically selects its grantees rather than accepting unsolicited proposals.

Where is P E N N located?

P E N N is headquartered in EAST BRUNSWICK, NJ.

Key People & Compensation (2023)

Name	Title	Compensation	Benefits	Total
Alisa White	PRESIDENT	$38K	$0	$38K
Katherine Nunnally	VP	$0	$0	$0

990 Tax Filings

Year	Return Type	PDF
2023	990PF	View
2022	990PF	View
2021	990PF	View

Research This Foundation

GuideStar / Candid ProPublica Nonprofit Explorer IRS Tax Exempt Status

Financial Overview

Total Giving

$246K

2023+65%

Total Assets

$1.5M

2023+21%

Fair Market Value

$1.5M

2023

Net Worth

$1.5M

2023

Grants Paid

$85K

2023

Contributions

$500K

2023

Net Investment Income

$4K

2023

Distribution Amount

2023

Total Giving by Year

Asset Growth

Revenue Over Time

Liabilities Over Time

Expense Breakdown (2023)

Revenue Sources (2023)

Contributions: $500K
Dividends: $4K

Financial Details (2023)

Total Revenue: $504K
Total Expenses: $246K
Exempt Purpose Expenses: $153K
Required Distribution: $0
Undistributed Income: $0
Total Liabilities: $1
Excise Tax: $55
Tax Due: $55

Foundation Classification (2023)

Operating FoundationYes

Grants to IndividualsNo

Non-Charity GrantsNo

Lobbying ActivityNo

Excess Business HoldingsNo

Grantmaking Insights

Total Grants

Total Giving

$333K

Average Grant

$24K

Median Grant

$15K

Unique Recipients

Most Common Grant

$15K

Grant Disbursements by Year

Grant Range

Min$5K

Max$75K

Median: $15K

Smallest grantLargest grant

Openness to New Grantees (2023)

of 2023 grantees were first-time recipients

Grant Size Distribution

Geographic Distribution of Grants

NJ$333K (14)

Past Grantees

Recipient	Location	Amount	Year
Cornerstone MinistriesCHURCH OF WORSHIP	Irvington, NJ	$75K	2023
New Psalmist Worship CenterCHURCH OF WORSHIP	Newark, NJ	$10K	2023
Flynn O'HaraCharitable	Newark, NJ	$25K	2022
The ClubhouseCharitable	East Orange, NJ	$15K	2022
Weequahic Park Recreation CenterCharitable	Newark, NJ	$15K	2022