//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Pennington Family Foundation is a private corporation based in LOS ANGELES, CA. The foundation received its IRS ruling in 1986. It holds total assets of $2.4M. Annual income is reported at $1.3M. Total assets have grown from $1.6M in 2011 to $2.4M in 2024. The foundation is governed by 3 officers and trustees. 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, Pennington Family Foundation has made 8 grants totaling $467K, with a median grant of $23K. Annual giving has decreased from $268K in 2021 to $178K in 2023. Individual grants have ranged from $10K to $139K, with an average award of $58K. The foundation has supported 5 unique organizations. Grants have been distributed to organizations in California and Minnesota. 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.
Pennington Family Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in CA, MN.
Pennington Family Foundation has distributed a total of $467K across 8 grants. The median grant size is $23K, with an average of $58K. Individual grants have ranged from $10K to $139K.
Pennington Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Pennington Family Foundation is headquartered in LOS ANGELES, CA. While based in CA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Timothy M Pennington Iii | CHAIRMAN & PRESIDENT | $0 | $0 | N/A |
| Melissa J Pennington | VICE PRES & SECRETARY | $0 | $0 | N/A |
| Angela Pennington | VICE PRESIDENT | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$2.4M
Fair Market Value
N/A
Net Worth
$2.4M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
8
Total Giving
$467K
Average Grant
$58K
Median Grant
$23K
Unique Recipients
5
Most Common Grant
$11K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Boy Scouts Of AmericaSUPPORT OF CHARITABLE PURPOSES | Arroyo Grande, CA | $121K | 2023 |
| Ucla Jonsson Cancer Center FoundationSUPPORT OF CHARITABLE PURPOSES | Los Angeles, CA | $35K | 2023 |
| Ucla Anderson School Of ManagementSUPPORT OF CHARITABLE PURPOSES | Los Angeles, CA | $12K | 2023 |
| Minnesota OrchestraSUPPORT OF CHARITABLE PURPOSES | Minneapolis, MN | $10K | 2023 |
| UclaSUPPOSRT OF CHARITABLE PURPOSES | Los Angeles, CA | $139K | 2021 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA