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Pennies From Heaven Foundation Inc. is a private corporation based in BROOKS, GA. The foundation received its IRS ruling in 1998. The principal officer is Randolph S Mcclain. It holds total assets of $8.8M. Annual income is reported at $4.1M. Total assets have grown from $2.6M in 2011 to $8.1M in 2023. The foundation is governed by 5 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2018 to 2023. Grantmaking is concentrated in Georgia. According to available records, Pennies From Heaven Foundation Inc. has made 28 grants totaling $964K, with a median grant of $20K. Individual grants have ranged from $10K to $100K, with an average award of $34K. The foundation has supported 14 unique organizations. Grant recipients are concentrated in Georgia. Contributions to this foundation are tax-deductible.
Smallest Grant
$10K
Median Grant
$25K
Average Grant
$44K
Largest Grant
$125K
Based on 11 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.
Pennies From Heaven Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 28 grants. Its grantmaking reaches organizations primarily in GA.
Pennies From Heaven Foundation Inc. has distributed a total of $964K across 28 grants. The median grant size is $20K, with an average of $34K. Individual grants have ranged from $10K to $100K.
Pennies From Heaven Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Pennies From Heaven Foundation Inc. is headquartered in BROOKS, GA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Carol Mcclain | TREASURER | $0 | $0 | N/A |
| Charles B Pyke Jr | SECRETARY | $0 | $0 | N/A |
| Matthew S Mclain | DIRECTOR | $0 | $0 | N/A |
| Randolph Mcclain | CHAIRMAN | $0 | $0 | N/A |
| Christina Mcclain Miller | DIRECTOR | $0 | $0 | N/A |
Total Giving
$407K
Total Assets
$8.1M
Fair Market Value
$8.3M
Net Worth
$8.1M
Grants Paid
$403K
Contributions
N/A
Net Investment Income
$191K
Distribution Amount
N/A
Total: $7.8M
Total Grants
28
Total Giving
$964K
Average Grant
$34K
Median Grant
$20K
Unique Recipients
14
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Southwest Christian ChurcGENERAL OPERTATIONS | Newnan, GA | $100K | 2022 |
| Restoration AtlantaGENERAL OPERATIONS | Atlanta, GA | $100K | 2022 |
| Sobriety Resouce IncGENERAL OPERTATIONS | Marietta, GA | $65K | 2022 |
| Coweta ForceGENERAL OPERATIONS | Newnan, GA | $50K | 2022 |
| Beloved AtlantaGENERAL OPERATIONS | Atlanta, GA | $30K | 2022 |
| Southwest Christian CareGENERAL OPERATIONS | Union City, GA | $25K | 2022 |
| Comfort Care MinistriesGENERAL OPERTATIONS | Buchanan, GA | $20K | 2022 |
| The Bedford SchoolGENERAL OPERATIONS | Fairburn, GA | $20K | 2022 |
| The Joseph Sams SchoolGENERAL OPERTATIONS | Fayetteville, GA | $20K | 2022 |
| M46 DadsGENERAL OPERATIONS | Mcdonough, GA | $12K | 2022 |
| Atlanta MissionGENERAL OPERATIONS | Atlanta, GA | $10K | 2022 |
| Northland ChurchGENERAL OPERATIONS | Peachtree Corners, GA | $10K | 2022 |
| Team Blue LineGENERAL OPERATIONS | Senoia, GA | $10K | 2022 |
| Point UniversityGENERAL OPERATIONS | West Point, GA | $10K | 2022 |
ATLANTA, GA
ATLANTA, GA
ATLANTA, GA