//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Penny Family Charitable Foundation is a private trust based in BOISE, ID. The foundation received its IRS ruling in 2021. It holds total assets of $41K. Annual income is reported at $44K. Total assets have decreased from $546K in 2021 to $51K in 2023. The foundation is governed by 1 officer or trustee. 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 2021 to 2023. According to available records, Penny Family Charitable Foundation has made 41 grants totaling $112K, with a median grant of $2K. Annual giving has grown from $2K in 2021 to $26K in 2023. Grantmaking activity was highest in 2022 with $84K distributed across 26 grants. Individual grants have ranged from $500 to $10K, with an average award of $3K. The foundation has supported 16 unique organizations. Grants have been distributed to organizations in Idaho and North 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.
Penny Family Charitable Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 41 grants. Its grantmaking reaches organizations primarily in ID, NC.
Penny Family Charitable Foundation has distributed a total of $112K across 41 grants. The median grant size is $2K, with an average of $3K. Individual grants have ranged from $500 to $10K.
Penny Family Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
Penny Family Charitable Foundation is headquartered in BOISE, ID. While based in ID, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| David M Penny | Trustee | $0 | $0 | N/A |
Total Giving
$28K
Total Assets
$51K
Fair Market Value
$504K
Net Worth
$51K
Grants Paid
$26K
Contributions
N/A
Net Investment Income
$19K
Distribution Amount
N/A
Total: $45K
Total Grants
41
Total Giving
$112K
Average Grant
$3K
Median Grant
$2K
Unique Recipients
16
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Rotary FoundationGeneral needs | Boise, ID | $2K | 2023 |
| Hope HouseGeneral Needs | Marsing, ID | $500 | 2023 |
| Boise Sunrise Rotary FoundationGeneral Needs | Boise, ID | $10K | 2023 |
| JemfriendsGeneral Needs | Boise, ID | $4K | 2023 |
| Idaho Sled Hockey AssocGeneral Needs | Meridian, ID | $2K | 2023 |
| Metro Meals On WheelsGeneral Needs | Boise, ID | $1K | 2023 |
| Interfaith SanctuaryGeneral needs | Boise, ID | $1K | 2023 |
| Idaho Humane SocietyGeneral Needs | Boise, ID | $1K | 2023 |
| Bustin Out Of BoiseGeneral Needs | Boise, ID | $1K | 2023 |
| North Carolina Pembroke UniversityGeneral Needs | Pembroke, NC | $1K | 2023 |
| Ronald Mcdonald House Of Durham WakGeneral Needs | Durham, NC | $1K | 2023 |
| Shepherd'S HomeGeneral Needs | Mccall, ID | $500 | 2023 |
| Jesse TreeGeneral Needs | Boise, ID | $500 | 2023 |
| Payette Land TrustGeneral Needs | Mccall, ID | $500 | 2023 |
| Bsu Foundation Food PantryGeneral Needs | Boise, ID | $2K | 2022 |
| Idaho FoodbankGeneral Needs | Meridian, ID | $2K | 2022 |