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Penland Foundation is a private corporation based in BEAUMONT, TX. The foundation received its IRS ruling in 2007. The principal officer is Joe Penland. It holds total assets of $12.7M. Annual income is reported at $4M. Total assets have grown from $2.5M in 2010 to $9.1M in 2022. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2020 to 2023. Grantmaking is concentrated in Texas. According to available records, Penland Foundation has made 306 grants totaling $3.4M, with a median grant of $2K. Annual giving has grown from $609K in 2020 to $775K in 2023. Grantmaking activity was highest in 2022 with $1.4M distributed across 128 grants. Individual grants have ranged from $100 to $300K, with an average award of $11K. The foundation has supported 127 unique organizations. The foundation primarily supports organizations in Texas, Florida, Georgia, which account for 95% of all grants. Grantmaking reaches organizations across 10 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$100
Median Grant
$2K
Average Grant
$11K
Largest Grant
$300K
Based on 64 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.
Penland Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 306 grants. Its grantmaking reaches organizations primarily in TX, FL, GA.
Penland Foundation has distributed a total of $3.4M across 306 grants. The median grant size is $2K, with an average of $11K. Individual grants have ranged from $100 to $300K.
The application deadline is THERE ARE NOT SUBMISSION DEADLINES.. There are not restrictions or limitations on awards.
Penland Foundation is headquartered in BEAUMONT, TX. While based in TX, the foundation distributes grants to organizations across 10 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Steve Gentile | DIRECTOR | $0 | $0 | N/A |
| Joe Penland Sr | CHAIRMAN | $0 | $0 | N/A |
Total Giving
$791K
Total Assets
$9.1M
Fair Market Value
$10M
Net Worth
$9.1M
Grants Paid
$775K
Contributions
$1.7M
Net Investment Income
$237K
Distribution Amount
$528K
Total: N/A
Total Grants
306
Total Giving
$3.4M
Average Grant
$11K
Median Grant
$2K
Unique Recipients
127
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Gift Of LifeDONATION | Beaumont, TX | $112K | 2023 |
| Christus Health Foundation SetxDONATION | Beaumont, TX | $215K | 2023 |
| C 3 FoundationDONATION | Beaumont, TX | $100K | 2023 |
| Texas Children'S HospitalDONATION | Houston, TX | $50K | 2023 |
| Md Anderson Cancer CenterHEART OF MD ANDERSON | Houston, TX | $45K | 2023 |
| Church In The CountryDONATION | Woodville, TX | $25K | 2023 |
| Kountze High SchoolSCHOLARSHIP | Kountze, TX | $20K | 2023 |
| Girls Haven IncFUNDRAISER FOR ORGANIZATION | Beaumont, TX | $20K | 2023 |
| Hardin County Youth Project ShowAUCTION | Kountze, TX | $16K | 2023 |
| The 100 Club Of Southeast TexasSPONSORSHIP | Beaumont, TX | $15K | 2023 |
| In Touch MinistriesMINISTRIES | Atlanta, GA | $12K | 2023 |
| JnpSPONSORSHIP | Winnie, TX | $12K | 2023 |
| Fire Museum Of TexasDONATION | Beaumont, TX | $10K | 2023 |
| The Salvation Army Of BeaumontSPONSORSHIP | Beaumont, TX | $8K | 2023 |
| El Mina Srine CenterDONATION | Beaumont, TX | $6K | 2023 |
| Alzheimer'S AssociationDONATION | Beaumont, TX | $5K | 2023 |
| Child Abuse & Forensic ServiceSPONSORSHIP | Beaumont, TX | $5K | 2023 |
| Port Neches Police Officers AssociaDONATION | Port Neches, TX | $5K | 2023 |
| Beaumont Professional FirefightersALARMS | Beaumont, TX | $5K | 2023 |
| DlifgcDONATION | Dickinson, TX | $5K | 2023 |
| Indian Springs Special Needs CampSPONSORSHIP | Kountze, TX | $5K | 2023 |
| National Legal And Policy CenterDONATION | Falls Church, VA | $5K | 2023 |
| Silsbee IsdLENSLOCK | Silsbee, TX | $4K | 2023 |
| City Of Refuge-Veteran'S Homeless SSPONSORSHIP | Vinton, LA | $3K | 2023 |
| Jasper County Jr Livestock FoundDONATION | Kirbyville, TX | $3K | 2023 |
| Happy Valley Womens MinistryDONATION | Kountze, TX | $3K | 2023 |
| The Foundation For Southeast TexasDONATION | Beuamont, TX | $3K | 2023 |
| The Arc Of Greater BeaumontSPONSORSHIP | Beaumont, TX | $3K | 2023 |
| Three River CouncilDONATION | Beaumont, TX | $3K | 2023 |
| Lit FoundationSHOOT-OUT | Beaumont, TX | $3K | 2023 |
| Union Sportsman'S AllianceSPONSORSHIP | Spring Hill, TN | $3K | 2023 |
| How CenterDONATION | Beaumont, TX | $3K | 2023 |
| OclsaDONATION | Vidor, TX | $2K | 2023 |
| Kountze Chamber Of CommerceDONATION | Beaumont, TX | $2K | 2023 |
| Southeast Texas Circle Of Hope IncDONATION | Nederland, TX | $2K | 2023 |
| Babe Didrikson Zaharias FoundationSPONSORSHIP | Beaumont, TX | $2K | 2023 |
| Tjhra Region VSPONSORSHIP | Caldwell, TX | $1K | 2023 |
| Ubi CaritasDONATION | Beaumont, TX | $1K | 2023 |
| Kountze Independent School DistrictHEALTH FAIR | Kountze, TX | $1K | 2023 |
| Lamar UniversityMEN'S GOLF | Beaumont, TX | $1K | 2023 |
| Beaumont Masonic Lodge 286DONATION | Beaumont, TX | $1K | 2023 |
| Jefferson County PrecinctSPONSORSHIP | Beaumont, TX | $1K | 2023 |
| Cast For Kids FoundationSPONSORSHIP | Salem, OR | $1K | 2023 |
| Garth HouseDONATION | Beaumont, TX | $1K | 2023 |
| Augusta'S AngelsDONATION | Beaumont, TX | $1K | 2023 |
| Boy'S Haven Of AmericaSPONSORSHIP | Beaumont, TX | $1K | 2023 |
| Kelly High SchoolPROJECT GRADUATION | Beaumont, TX | $1K | 2023 |
| Lumberton High SchoolPROJECT GRADUATION | Lumberton, TX | $1K | 2023 |