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Penny Project Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2022. The principal officer is James Triandiflou. It holds total assets of $474K. Annual income is reported at $2.6M. Total assets have decreased from $1.2M in 2022 to $474K in 2024. The foundation is governed by 6 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 2022 to 2024. According to available records, Penny Project Foundation has made 14 grants totaling $37K, with a median grant of $1K. Individual grants have ranged from N/A to $10K, with an average award of $3K. The foundation has supported 10 unique organizations. The foundation primarily supports organizations in New York, Virginia, North Carolina, which account for 71% of all grants. Grantmaking reaches organizations across 6 states. 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 Project Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 14 grants. Its grantmaking reaches organizations primarily in NY, VA, NC.
Penny Project Foundation has distributed a total of $37K across 14 grants. The median grant size is $1K, with an average of $3K. Individual grants have ranged from N/A to $10K.
Penny Project Foundation typically selects its grantees rather than accepting unsolicited proposals.
Penny Project Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Annagrace Triandiflou | Dir | $51K | $0 | $51K |
| Daniel Triandiflou | Dir | $0 | $0 | N/A |
| Lynn Franey | Dir | $0 | $0 | N/A |
| Jody Foster | Dir | $0 | $0 | N/A |
| James Triandiflou | Dir, Pres | $0 | $0 | N/A |
| Amy Triandiflou | Dir | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$474K
Fair Market Value
N/A
Net Worth
$474K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
14
Total Giving
$37K
Average Grant
$3K
Median Grant
$1K
Unique Recipients
10
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Book Fairies IncGeneral & Unrestricted | Freeport, NY | $10K | 2022 |
| Casa Brumar Foundation IncCharitable Event | Gainesville, VA | $10K | 2022 |
| Brookline Teen OutreachGeneral & Unrestricted | Pittsburgh, PA | $5K | 2022 |
| Little Free Library LtdGeneral & Unrestricted (SEE GENERAL EXPLANATION) | Saint Paul, MN | $4K | 2022 |
| Living Classrooms Foundation Incto purchase supplies to create teacher appreciation kits | Baltimore, MD | $2K | 2022 |
| Read And FeedGeneral & Unrestricted (SEE GENERAL EXPLANATION) | Cary, NC | $1K | 2022 |
| Book HarvestGeneral & Unrestricted (SEE GENERAL EXPLANATION) | Durham, NC | $1K | 2022 |
| Armenia Tools4schoolsGeneral & Unrestricted (SEE GENERAL EXPLANATION) | Pittsboro, NC | $1K | 2022 |
| Communities In Schools Of North Carolina IncGeneral & Unrestricted | Raleigh, NC | $1K | 2022 |
| SafechildGeneral & Unrestricted (SEE GENERAL EXPLANATION) | Raleigh, NC | N/A | 2022 |