David Neal Pennington Foundation

SAN DIEGO, CA EIN: 01-0684612

David Neal Pennington Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAN DIEGO, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $979K in total assets. In 2024, it awarded 14 grants totaling $36K. Net investment income was $167K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$979K

+22.8% YoY

Annual Giving

$36K

+9.5% YoY

Grant Count

14

-22.2% YoY

Avg Grant Size

$3K

+40.8% YoY

Under IRS private-foundation payout rules, David Neal Pennington Foundation reported a distributable amount of $47K for 2024 — the minimum it must pay out in qualifying distributions.

About David Neal Pennington Foundation

Based on IRS filings

David Neal Pennington Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAN DIEGO, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $979K in total assets. In 2024, it awarded 14 grants totaling $36K. Net investment income was $167K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Cities

ChicagoIndioJacsonvilleLos AngelesMemphisNew YorkNewport BeachOrangePalm DesertPalm SpringsPhoenixSan DiegoTriangleWest Hollywood

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$64K$128K$192K$256K20202021202220232024
Metric202420232022
Total Assets$978,708$797,060$702,392
Revenue$233,111$139,848$185,790
Expenses$51,463$45,180$39,464
Qualifying Distributions$35,600$32,500$28,200
Net Investment Income$167,248$73,714
Distributable Amount$46,896$35,580$32,473

Giving Over Time

Total grant dollars and number of grants per year

$0$9K$18K$27K$36K13 grants202014 grants202114 grants202218 grants202314 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

AIDS ASSISTANCE PROJECT$7KST JUDES$4KAMFAR$3KPROJECT ANGEL FOOD$3KSPECIAL DELIVERY SAN DIE…$3KTHE TREVOR PROJECT$3KSAN DIEGO LGBT COMMUNITY…$3KMAKE A WISH$2KTOYS FOR TOTS$2KPROMISES 2 KIDS$2K

Grant Size Distribution

73 grants across all recorded years

73<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Aids Assistance Project ($7,000), St Judes ($3,600), Amfar ($3,000).

RecipientPurposeAmount
AIDS ASSISTANCE PROJECT PALM SPRINGS, CATO PROVIDE ASSISTANCE TO AIDS VICTIMS$7,000
AMERICAN CANCER SOCIETY PALM DESERT, CATO FURTHER THE CANCER RESEARCH$1,000
AMFAR NEW YORK, NYTO FURTHER THE RESEARCH OF A CURE FOR AIDS$3,000
FEEDING AMERICA CHICAGO, ILTO END HUNGER IN THE UNITED STATES$1,000
FEEDING SAN DIEGO SAN DIEGO, CATO CONNECT EVERY PERSON FACING HUNGER WITH NUTRIIOUS MEALS BY MAXIMIZING FOOD RESCUE$1,000
HOAG HOSPITAL FOUNDATION NEWPORT BEACH, CATO FURTHER THE CANCER RESEARCH$1,000
MAKE A WISH PHOENIX, AZTO GRANT THE WISH OF EVERY CHILD DIAGNOSED WITH A CRITICAL ILLNESS$2,000
PROJECT ANGEL FOOD LOS ANGELES, CATO PROVIDE FOOD TO AIDS PATIENTS$3,000
SPECIAL DELIVERY SAN DIEGO (MEAL DELIVERY) SAN DIEGO, CATO PROVIDE FOOD TO AIDS PATIENTS$3,000
ST JUDES MEMPHIS, TNTO ADVANCE CURES, AND MEANS OF PREVENTION, FOR PEDIATRIC CATASTOPHIC DISEASES THROUGH RESEARCH AND TREATMENT$3,600

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
DAVID N PENNINGTONDIRECTOR, PRESIDENT2
DONNA B JORDANDIRECTOR

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is David Neal Pennington Foundation?

David Neal Pennington Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAN DIEGO, CA. It holds $979K in total assets as of 2024.

How large is David Neal Pennington Foundation?

As of 2024, David Neal Pennington Foundation holds $979K in total assets with $233K in annual revenue. It awarded 14 grants totaling $36K in 2024.

Where does David Neal Pennington Foundation operate?

David Neal Pennington Foundation has awarded grants in Arizona, California, Florida, Illinois, New York, Tennessee, Virginia.

What size grants does David Neal Pennington Foundation award?

In 2024, David Neal Pennington Foundation awarded 14 grants totaling $36K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is David Neal Pennington Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, David Neal Pennington Foundation reported a distributable amount of $47K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is David Neal Pennington Foundation's EIN?

David Neal Pennington Foundation's EIN (Employer Identification Number) is 01-0684612. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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