1st and 10 Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in INDEPENDENCE, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 1 grants totaling $70K. Net investment income was $86K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.1M
+1.5% YoY
Annual Giving
$70K
+40.0% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$70K
+40.0% YoY
About 1st and 10 Foundation Inc
Based on IRS filings
1st and 10 Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in INDEPENDENCE, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 1 grants totaling $70K. Net investment income was $86K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,070,346 | $1,054,223 | $1,057,972 |
| Revenue | $96,981 | $55,893 | $42,977 |
| Expenses | $80,858 | $59,884 | $106,485 |
| Qualifying Distributions | $70,000 | $50,000 | $89,245 |
| Net Investment Income | $86,123 | $41,409 | $21,462 |
| Distributable Amount | $71,585 | $65,334 | $67,226 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
15 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JAMES C PENNINGTON | PRESIDENT/TRUSTEE | 5 | — |
| MARY ROBIN PENNINGTON | VP/TREAS/TRUSTEE | 5 | — |
| ANDREA PENNINGTON | SECRETARY | 1 | — |
| STEPHANIE LAFAUCI | ASST. SECRETARY | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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