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Pennell Family Foundation is a private trust based in GREENVILLE, SC. The foundation received its IRS ruling in 2020. The principal officer is % Richard H Pennell Jr. It holds total assets of $12.2M. Annual income is reported at $9.7M. The foundation operates in the area of arts & culture. According to available records, Pennell Family Foundation has made 5 grants totaling $372K, with a median grant of $33K. Annual giving has grown from $5K in 2020 to $367K in 2022. Individual grants have ranged from $5K to $150K, with an average award of $74K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in South Carolina. Contributions to this foundation are tax-deductible.
Pennell Family Foundation primarily funds organizations in the area of arts & culture. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in SC.
Pennell Family Foundation has distributed a total of $372K across 5 grants. The median grant size is $33K, with an average of $74K. Individual grants have ranged from $5K to $150K.
Pennell Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Pennell Family Foundation is headquartered in GREENVILLE, SC.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Richard H Pennell Jr | CHAIRPERSON | $0 | $0 | $0 |
| Nancy N Pennell | TRUSTEE | $0 | $0 | $0 |
| Allen N Pennell Albergotti | TRUSTEE | $0 | $0 | $0 |
| Richard H Pennell Iii | TRUSTEE | $0 | $0 | $0 |
| James D Pennell | TRUSTEE | $0 | $0 | $0 |
Total Giving
$688K
Total Assets
$12.2M
Fair Market Value
$14M
Net Worth
$12.2M
Grants Paid
$600K
Contributions
$0
Net Investment Income
$274K
Distribution Amount
$648K
Total: $5M
Total Grants
5
Total Giving
$372K
Average Grant
$74K
Median Grant
$33K
Unique Recipients
3
Most Common Grant
$33K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Ymca Of GreenvilleGENERAL SUPPORT | Greenville, SC | $150K | 2022 |
| The Kisner FoundationGENERAL SUPPORT | Graniteville, SC | $33K | 2022 |
| The Family EffectFUNDS FOR NEW BUILDING FOR CHILD TREATMENT PROGRAM | Greenville, SC | $5K | 2020 |
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