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Also known as: C/O MICHELLE CURB
Penobscot Fund is a private trust based in BROOKLYN, NY. The foundation received its IRS ruling in 2009. The principal officer is % Melissa S Meyer. It holds total assets of $1.4M. Annual income is reported at $789K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Penobscot Fund has made 16 grants totaling $493K, with a median grant of $28K. Annual giving has grown from $193K in 2020 to $300K in 2022. Individual grants have ranged from $5K to $50K, with an average award of $31K. The foundation has supported 13 unique organizations. The foundation primarily supports organizations in New York, Pennsylvania, Massachusetts, which account for 81% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Penobscot Fund primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in NY, PA, MA.
Penobscot Fund has distributed a total of $493K across 16 grants. The median grant size is $28K, with an average of $31K. Individual grants have ranged from $5K to $50K.
Penobscot Fund typically selects its grantees rather than accepting unsolicited proposals.
Penobscot Fund is headquartered in BROOKLYN, NY. While based in NY, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Eugene Bradley Meyer | TRUSTEE | $0 | $0 | $0 |
| Jacob B Meyer | TRUSTEE | $0 | $0 | $0 |
| Nicholas D Meyer | TRUSTEE | $0 | $0 | $0 |
| Nathaniel S Meyer | TRUSTEE | $0 | $0 | $0 |
Total Giving
$173K
Total Assets
$1.5M
Fair Market Value
$1.5M
Net Worth
$1.5M
Grants Paid
$150K
Contributions
$0
Net Investment Income
$110K
Distribution Amount
$75K
Total: $571K
Total Grants
16
Total Giving
$493K
Average Grant
$31K
Median Grant
$28K
Unique Recipients
13
Most Common Grant
$50K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Share Our Strengthno Kid HungryGENERAL SUPPORT | Phiadelphia, PA | $50K | 2022 |
| Center For Reproductive RightsGENERAL SUPPORT | New York, NY | $50K | 2022 |
| Good FoundationGENERAL SUPPORT | New York, NY | $50K | 2022 |
| Greater Boston Food BankGENERAL SUPPORT | Boston, MA | $50K | 2020 |
| Share Our StrengthGENERAL SUPPORT | Washington, DC | $30K | 2020 |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| Central Texas Food BankGENERAL SUPPORT | Austin, TX | $25K | 2020 |
| Keep Austin FedGENERAL SUPPORT | Austin, TX | $25K | 2020 |
| Neighbors TogetherGENERAL SUPPORT | Brooklyn, NY | $20K | 2020 |
| Ne Foundation For The ArtsGENERAL SUPPORT | Boston, MA | $12K | 2020 |
| Redhook InitiativeGENERAL SUPPORT | Brooklyn, NY | $10K | 2020 |
| Museum Of Food & DrinkGENERAL SUPPORT | Brooklyn, NY | $8K | 2020 |
| Azuero Earth ProjectGENERAL SUPPORT | East Hampton, NY | $8K | 2020 |
| Brookline Food PantryGENERAL SUPPORT | Brookline, MA | $5K | 2020 |
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