Claudio and Penny Pincus Foundation
The Claudio and Penny Pincus Foundation is a private foundation based in Chatham, New Jersey. Its 2024 filing reports grants to charitable organizations, with all grant dollars going to recipients listed in New Jersey.
Key facts about Claudio and Penny Pincus Foundation
In short: Claudio and Penny Pincus Foundation gave $2.1M across 40 grants in 2024 (avg $52K), mostly in New Jersey. 18% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- EIN
- 26-1446530
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $2,072,490
- Grants made (2024)
- 40
- Average grant
- $51,812
- Median grant
- $12,500
- New grantees (estimate)
- 18% first-time grantees (7 of 40, 2024)
- Total assets
- $26,412,904
- Primary geography
- New Jersey (100% of itemized 2024 grant dollars)
- Accepts unsolicited proposals
- No
- How to apply
- The foundation does not accept unsolicited requests for funds and states that it makes contributions only to preselected charitable organizations. Full details ↓
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$26.4M
+5.5% YoY
Annual Giving
$2.1M
+52.2% YoY
Grant Count
40
+14.3% YoY
Avg Grant Size
$52K
+33.2% YoY
Under IRS private-foundation payout rules, Claudio and Penny Pincus Foundation reported a distributable amount of $1.7M for 2024 — the minimum it must pay out in qualifying distributions.
Is Claudio and Penny Pincus Foundation open to new grantees?
18%
first-time grantees, 2024
In 2024, 7 of 40 grantees (18%) were first-time recipients. First grants averaged $6K; repeat grants $61K. How we count
Medians: $5K first-time, $15K repeat.
- 73% of 2024 grantees were also funded in 2023. Method
- Giving grew 31% from 2021 to 2024. Method
- In 2024 it paid out 119% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grants include support for organizations with a range of activities. For example, JESPY House says its mission is to help adults with intellectual and developmental disabilities achieve their full potential and lead independent lives, promoting individual choice, self-direction, and independent community living.
Grantmaking
In 2024, the foundation made 40 grants totaling $2,072,490. Grants ranged from $300 to $915,710, with a median of $12,500. The largest awards included $915,710 to Jewish Communal Fund, $250,000 to American Jewish Joint Distribution, $170,000 to Friends of Seminario Rabinico Latin, and $100,000 to Beacon Hebrew Alliance. Each was reported for general charitable purposes. JESPY House received $5,360.
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Geographic Focus
Where this funder awards grants
All grant dollars in 2024 went to recipients listed in New Jersey.
Grant Distribution by State
Share of 2024 grant dollars across all 40 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $1.1M (2020) to $2.1M (2024). In 2024 it made 40 grants totaling $2.1M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Jewish Communal Fund ($916K). Together the top 10 received $1.8M.
Grant Size Distribution
166 grants across all recorded years
The most common grant size was under $50K: 123 grants of 166 (74%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Jewish Communal Fund Chatham, NJ | General Charitable Purposes | $915,710 |
| American Jewish Joint Distribution Chatham, NJ | General Charitable Purpose | $250,000 |
| Friends of Seminario Rabinico Latin Chatham, NJ | General Charitable Purpose | $170,000 |
| Beacon Hebrew Alliance Chatham, NJ | General Charitable Purpose | $100,000 |
| American Jewish Committee Chatham, NJ | General Charitable Purpose | $80,000 |
| Boston Symphony Orchestra Chatham, NJ | General Charitable Purposes | $75,000 |
| American Friends of Israel Philharm Chatham, NJ | General Charitable Purpose | $55,000 |
| Jewish Federation Metrowest Chatham, NJ | General Charitable Purpose | $52,000 |
| AMU Museum of the Jewish People Chatham, NJ | General Charitable Purpose | $50,000 |
| Jewish Federation of the Berkshires Chatham, NJ | General Charitable Purpose | $40,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants | Grant count |
|---|---|---|---|---|---|
| 2024 | $26,412,904 | $3,806,108 | $2,285,459 | $2,072,490 | 40 |
| 2023 | $25,030,605 | $1,085,172 | $1,562,967 | $1,361,372 | 35 |
| 2022 | $25,508,400 | $739,814 | $1,839,503 | $1,564,298 | 30 |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $26,412,904 | $25,030,605 | $25,508,400 |
| Revenue | $3,806,108 | $1,085,172 | $739,814 |
| Expenses | $2,285,459 | $1,562,967 | $1,839,503 |
| Qualifying Distributions | $2,072,490 | $1,361,372 | $1,564,298 |
| Net Investment Income | $2,561,017 | $883,577 | $565,771 |
| Distributable Amount | $1,737,753 | $1,512,119 | $1,588,294 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Claudio Pincus as president, Penny Pincus as treasurer, and Aaron Pincus and Daniel Pincus as vice presidents.
Claudio and Penny Pincus Foundation is led by Claudio Pincus, President on every filing since 2020; none of the 4 officers listed in 2024 report compensation.
Officers on the 2024 filing
Claudio Pincus
President
On filings since 2020
1 hr/week
No compensation reported
Aaron Pincus
Vice President
On filings since 2020
1 hr/week
No compensation reported
Daniel Pincus
Vice President
On filings since 2020
1 hr/week
No compensation reported
Penny Pincus
Treasurer
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Contact
Mailing address: PO Box 808, Chatham, NJ 07928
Phone: (973) 992-0505
Frequently asked questions about Claudio and Penny Pincus Foundation
How much does Claudio and Penny Pincus Foundation give each year?
Claudio and Penny Pincus Foundation gave $2.1M across 40 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.4M across 35 grants.
What is Claudio and Penny Pincus Foundation's typical grant size?
Claudio and Penny Pincus Foundation's median grant in 2024 was $12,500, and its average grant was $51,812, across 40 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Claudio and Penny Pincus Foundation that year got $6K on average.
Where does Claudio and Penny Pincus Foundation give grants?
Claudio and Penny Pincus Foundation gives mostly in New Jersey: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Chatham, NJ (38 grants).
Does Claudio and Penny Pincus Foundation give general operating support?
Yes: 100% of Claudio and Penny Pincus Foundation's 2024 grants with a stated purpose (40 of 40) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Claudio and Penny Pincus Foundation's largest grantees?
Claudio and Penny Pincus Foundation's largest 2024 grantees include Jewish Communal Fund ($915,710), American Jewish Joint Distribution ($250,000) and Friends of Seminario Rabinico Latin ($170,000), according to its 2024 IRS Form 990-PF. Together they received 64% of its itemized 2024 grant dollars.
How large is Claudio and Penny Pincus Foundation?
Claudio and Penny Pincus Foundation reported $26.4M in total assets on its 2024 IRS Form 990-PF. It paid out $2.1M in qualifying distributions that year, against a required minimum of $1.7M (roughly 5% of its investment assets).
What does Claudio and Penny Pincus Foundation fund?
No mission statement for the foundation is provided. Its 2024 grants include support for organizations with a range of activities. See mission & focus areas ↑
How do I apply for a grant from Claudio and Penny Pincus Foundation?
The foundation does not accept unsolicited requests for funds and states that it makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Claudio and Penny Pincus Foundation's EIN?
Claudio and Penny Pincus Foundation's EIN (Employer Identification Number) is 26-1446530. IRS Form 990 filing data is available on this page for 2020–2024.
Does Claudio and Penny Pincus Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
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