BIRMINGHAM, AL
Penny Foundation
Quick Facts
- EIN
- 82-3036091
- Location
- BIRMINGHAM, AL
- Category
- Philanthropy & Grantmaking
- NTEE Code
- T30
- Total Assets
- $829K
- Annual Income
- $8.6M
- Annual Revenue
- $8.6M
- IRS Ruling Year
- 2018
- Tax Subsection
- 501(c)(03)
About This Organization
Penny Foundation is a nonprofit organization based in BIRMINGHAM, AL. It received its IRS tax-exempt ruling in 2018. The organization is classified under IRC Section 501(c)(03). It operates in the area of philanthropy & grantmaking. Total assets are reported at $829K. Annual income is $8.6M. The organization has received $456K in foundation grants from 5 funders.
Grants Received from Foundations
Foundation grants awarded to Penny Foundation, based on IRS 990-PF filings.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Ford Foundation | $200K | 2023 | CORE SUPPORT FOR THE GARDEN GRANT'S GLOBAL PILOT OF "GROW SOMETHING BEAUTIFUL" TO FACILITATE NEW OPPORTUNITIES FOR ARTISTS TO GALVANIZE THEIR COMMUNITIES AND AMPLIFY THE CONVERSATIONS IN EXPANDING THE UTILIZATION OF ART AS A TOOL OF CIVIC ENGAGEMENT |
| Allstate Foundation | $5K | 2023 | ALLSTATE FOUNDATIONS 2023 REQUEST FOR PROPOSALS INCLUSIVE ECONOMIC OPPORTUNITY |
| Protective Life Foundations | $18K | 2022 | NORTHSIDE GRANTS, OPERATING SUPPORT |
| Protective Life Foundations | $18K | 2022 | NORTHSIDE GRANTS, OPERATING SUPPORT |
| Alabama Power Foundation Inc. | $5K | 2022 | GENERAL/OPERATING |
| Alabama Power Foundation Inc. | $5K | 2022 | GENERAL/OPERATING |
| Ford Foundation | $200K | 2021 | CORE SUPPORT FOR THE GARDEN GRANT'S GLOBAL PILOT OF "GROW SOMETHING BEAUTIFUL" TO FACILITATE NEW OPPORTUNITIES FOR ARTISTS TO GALVANIZE THEIR COMMUNITIES & AMPLIFY THE CONVERSATIONS IN EXP&ING THE UTILIZATION OF ART AS A TOOL OF CIVIC ENGAGEMENT |
| Verizon Foundation | $5K | 2021 | FUTURE FORWARD SMALL BUSINESS GRANT CYCLE |
Frequently Asked Questions
What does Penny Foundation do?
Penny Foundation is a nonprofit organization focused on philanthropy & grantmaking, based in BIRMINGHAM, AL. It is classified under IRC Section 501(c)(03).
Who funds Penny Foundation?
Penny Foundation has received foundation grants from Ford Foundation, Allstate Foundation, Protective Life Foundations, and others.
What is Penny Foundation's annual revenue?
Penny Foundation reports total assets of $829K. Annual income is $8.6M.
Where is Penny Foundation located?
Penny Foundation is located in BIRMINGHAM, AL.
Is Penny Foundation a 501(c)(3)?
Yes, Penny Foundation is a 501(c)(3) tax-exempt organization. Its EIN is 82-3036091. Donations to this organization may be tax-deductible.
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