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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. Total assets have grown from $9K in 2019 to $12.2M in 2024. The foundation is governed by 5 officers and trustees. The foundation operates in the area of arts & culture. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2024. 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.
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.
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 | N/A |
| Nancy N Pennell | TRUSTEE | $0 | $0 | N/A |
| Allen N Pennell Albergotti | TRUSTEE | $0 | $0 | N/A |
| Richard H Pennell Iii | TRUSTEE | $0 | $0 | N/A |
| James D Pennell | TRUSTEE | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$12.2M
Fair Market Value
N/A
Net Worth
$12.1M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
5
Total Giving
$372K
Average Grant
$74K
Median Grant
$33K
Unique Recipients
3
Most Common Grant
$150K
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 |