Clarence & Ella Pennel Memorial Trust
Clarence & Ella Pennel Memorial Trust is a private foundation, based in Columbus, OH. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $494K in total assets. In 2025, it awarded 2 grants totaling $22K. Net investment income was $42K.
Clarence & Ella Pennel Memorial Trust at a glance
In short: Clarence & Ella Pennel Memorial Trust gave $22K across 2 grants in 2025 (avg $11K), mostly in Michigan. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $21,584
- -38.5% vs 2024
- Grants made (2025)
- 2
- +0.0% vs 2024
- Average grant
- $10,792
- -38.5% vs 2024
- Median grant
- $10,792
- Total assets
- $493,560
- +1.1% vs 2024
- Primary geography
- Michigan (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Clarence & Ella Pennel Memorial Trust funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was Saginaw Soc for Crippled ($11K). Together the top 2 received $22K.
Grant Size Distribution
10 grants across all recorded years
The most common grant size was under $50K: 10 grants of 10 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
States
Cities
How Clarence & Ella Pennel Memorial Trust gives
- Giving grew 35% from 2022 to 2025. Method
- In 2025 it paid out 82% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $16K (2022) to $38K (2021). In 2025 it made 2 grants totaling $22K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Saginaw Soc for Crippled Saginaw, MI | General Operating | $10,792 |
| Holy Cross Services Saginaw, MI | General Operating | $10,792 |
Ready to take the next step with Clarence & Ella Pennel Memorial Trust?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $493,560 | $43,256 | $36,093 | $21,584 | 2 | $33,259 | $41,891 | $40,631 |
| 2024 | $487,977 | $64,093 | $47,948 | $35,088 | 2 | $46,325 | $62,811 | $38,243 |
| 2023 | $469,163 | $19,590 | $36,474 | $25,008 | 2 | $35,294 | $19,913 | $35,232 |
| 2022 | $488,798 | $16,303 | $28,801 | $15,966 | 2 | $26,514 | $15,070 | $35,644 |
| 2021 | $499,993 | $47,390 | $50,423 | $37,502 | 2 | $49,026 | $45,708 | $39,680 |
| 2020 | $503,393 | $14,920 | $34,721 | $23,554 | 3 | — | $14,000 | $34,275 |
| 2019 | $523,188 | $34,647 | $39,878 | $28,480 | 3 | — | $33,031 | $33,846 |
Under IRS private-foundation payout rules, Clarence & Ella Pennel Memorial Trust reported a distributable amount of $41K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Clarence & Ella Pennel Memorial Trust's only listed officer is Huntington National Bank, Trustee on every filing since 2019 (compensated).
Officers on the 2025 filing
Huntington National Bank
Trustee
On filings since 2019
1 hr/week
$10K (2019) → $12K (2025)
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $12K, to Huntington National Bank (Trustee).
Frequently asked questions about Clarence & Ella Pennel Memorial Trust
How much does Clarence & Ella Pennel Memorial Trust give each year?
Clarence & Ella Pennel Memorial Trust gave $22K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $35K across 2 grants.
How large is Clarence & Ella Pennel Memorial Trust?
Clarence & Ella Pennel Memorial Trust reported $494K in total assets on its 2025 IRS Form 990-PF. It paid out $33K in qualifying distributions that year, against a required minimum of $41K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does Clarence & Ella Pennel Memorial Trust operate?
Clarence & Ella Pennel Memorial Trust has awarded grants in Michigan.
What is Clarence & Ella Pennel Memorial Trust's EIN?
Clarence & Ella Pennel Memorial Trust's EIN (Employer Identification Number) is 38-6040423. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS May 26, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 11, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 9, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 11, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 6, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 7, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS April 10, 2026)
- IRS filings on file for fiscal years 2019–2025
Explore Open Grants
Browse active grant opportunities in Clarence & Ella Pennel Memorial Trust's focus areas in our free grants database
Similar Funders
Funders with grantees in common
Bennie C Wickens Foundation Inc
Lansing, MI
The foundation supports food assistance, child care, youth mentoring, education, and services for people in need, primarily in Michigan, with some funding in Hawaii. Recent grants ranged from $5,000 to $15,000, typically around $10,000. It accepts requests: applicants can obtain an application from the Wickens Foundation Grant Committee and must include a current 501(c)(3) determination letter.
Assets
$1.6M
Grants
11
Total Given
$105K
Multifamily Coalition
Troy, MI
Assets
$23.4M
Grants
9
Total Given
$47K
Elizabeth Allan & Warren Shelden Fund
Grosse Pointe, MI
The fund supports nonprofits in health care, youth, education, hunger relief, the environment, arts, and community work, primarily in Michigan, with most grants going to the Detroit area. Its 2024 grants ranged from $7,500 to $1.1 million, with a median of $25,000. It has no formal application procedure; submissions are preferred in November, and the fund does not award grants to individuals.
Assets
$23.5M
Grants
57
Total Given
$4.1M
Herm and Shirley Geers Foundation
Kewadin, MI
The Herm and Shirley Geers Foundation supports charitable organizations in areas including Christian ministry, food security, housing, international development, and services for people with developmental disabilities. Its 2025 grants ranged from $4,000 to $75,000, with a median of $15,500; funding went mainly to Michigan and Washington organizations. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$2.1M
Grants
24
Total Given
$506K
Cinnaire Corporation
Lansing, MI
Cinnaire primarily supports affordable housing and community development, including housing for low-income residents, community facilities, and economic opportunity, mainly across the Midwest and Mid-Atlantic. Its 2024 grants ranged from $141 to $50,000, with a median of $5,000. It does not accept unsolicited funding requests; contributions go to preselected organizations, and its recoverable grant program is invitation-only.
Assets
$72.2M
Grants
19
Total Given
$177K
The Chicago Community Trust
Chicago, IL
The Chicago Community Trust funds eligible nonprofits working to narrow the wealth gap and meet urgent needs, with priorities including economic mobility, education, jobs, homeownership, and community development in metropolitan Chicago and Cook County. Its 2025 grants had a median of $26,500, though amounts varied widely; the profile does not state whether it accepts unsolicited requests.
Assets
$7.1B
Grants
4,316
Total Given
$1.2B
More similar funders
More Funders in Ohio
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Clarence & Ella Pennel Memorial Trust's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Clarence & Ella Pennel Memorial Trust down — hundreds of funders to go?