Stanley Penksa Foundation Inc. is a private corporation based in ONEONTA, NY. The foundation received its IRS ruling in 1988. It holds total assets of $699K. Annual income is reported at $107K. THE FOUNDATION HAS PROVIDED CASH GRANTS TO MANY LOCAL NOT-FOR-PROFIT ENTITIES IN THE WORCESTER, NY AREA IN SATISFACTION OF ITS MISSION. REFER TO THE DETAILS PROVIDED IN PART XV OF THIS RETURN. According to available records, Stanley Penksa Foundation Inc. has made 35 grants totaling $217K, with a median grant of $5K. The foundation has distributed between $40K and $87K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $87K distributed across 14 grants. Individual grants have ranged from $800 to $10K, with an average award of $6K. The foundation has supported 13 unique organizations. Grant recipients are concentrated in New York. Contributions to this foundation are tax-deductible.
THE FOUNDATION HAS PROVIDED CASH GRANTS TO MANY LOCAL NOT-FOR-PROFIT ENTITIES IN THE WORCESTER, NY AREA IN SATISFACTION OF ITS MISSION. REFER TO THE DETAILS PROVIDED IN PART XV OF THIS RETURN.
Expenses: $40K
THE FOUNDATION HAS PROVIDED CASH GRANTS TO MANY LOCAL NOT-FOR-PROFIT ENTITIES IN THE WORCESTER, NY AREA IN SATISFACTION OF ITS MISSION. REFER TO THE DETAILS PROVIDED IN PART XV OF THIS RETURN. Based on available records, the foundation has funded 35 grants. Its grantmaking reaches organizations primarily in NY.
Stanley Penksa Foundation Inc. has distributed a total of $217K across 35 grants. The median grant size is $5K, with an average of $6K. Individual grants have ranged from $800 to $10K.
The application deadline is NONE, ALTHOUGH DISBUREMENTS ARE USUALLY MADE IN NOV/DEC @ YR. RECIPIENT ORGANIZATIONS MUST USE GRANT FUNDS TO BENEFIT WORCESTER, NY OR ITS IMMEDIATE SURROUNDING AREAS.
Stanley Penksa Foundation Inc. is headquartered in ONEONTA, NY.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michael F Getman | PRESIDENT | $150 | $0 | $150 |
| Peter Innes | Trustee | $150 | $0 | $150 |
| Melinda Frost | SECTY/TREAS | $150 | $0 | $150 |
| James Empie | Trustee | $150 | $0 | $150 |
Total Giving
$56K
Total Assets
$704K
Fair Market Value
$797K
Net Worth
$704K
Grants Paid
$45K
Contributions
$0
Net Investment Income
$28K
Distribution Amount
$39K
Total: $674K
Total Grants
35
Total Giving
$217K
Average Grant
$6K
Median Grant
$5K
Unique Recipients
13
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Worcester Emergency SquadGENERAL OPERATIONS | Worcester, NY | $10K | 2023 |
| Worcester Hose Co No 1GENERAL OPERATIONS | Worcester, NY | $10K | 2023 |
| East Worcester Hose CoGENERAL OPERATIONS | East Worcester, NY | $10K | 2023 |
| Worcester School Backpack ProgramSCHOOL BACKPACK PROGRAM | Worcester, NY | $6K | 2023 |
| Worcester Food PantryFOOD PANTRY | Worcester, NY | $4K | 2023 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| St Joseph ChurchRELIGIOUS GENERAL OPERATIOONS | Worcester, NY | $2K | 2023 |
| Daughters Of The American RevolutioHISTORICAL ACTIVITIES | Worcester, NY | $1K | 2023 |
| Worcester Central School DistrictGENERAL OPERATIONS | Worcester, NY | $1K | 2023 |
| Maple Grove CemeteryCEMETERY MAINTENANCE | Worcester, NY | $800 | 2023 |
| Wieting Memorial AssociationHISTORICAL ACTIVITIES | Worcester, NY | $2K | 2022 |
| Maple View CemeteryCEMETERY MAINTENANCE | East Worcester, NY | $2K | 2021 |
| First Presbyterian Church - Back PaBACK PACKS | Worcester, NY | $5K | 2020 |
| First Presbyterian Church - Food BaRELIGIOUS, FOR FOOD PANTRY | Worcester, NY | $5K | 2020 |
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