Found Penny Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CANYON COUNTRY, CA. IRS filing data is available from 2019 through 2024. In 2024, it awarded 1 grants totaling $37K. Net investment income was $2K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$37K
-97.5% YoY
Grant Count
1
-66.7% YoY
Avg Grant Size
$37K
-92.4% YoY
About Found Penny Foundation
Based on IRS filings
Found Penny Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CANYON COUNTRY, CA. IRS filing data is available from 2019 through 2024. In 2024, it awarded 1 grants totaling $37K. Net investment income was $2K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | $35,941 | $1,438,388 |
| Revenue | $3,168 | $48,997 | $49,989 |
| Expenses | $39,109 | $1,451,444 | $601,457 |
| Qualifying Distributions | $36,958 | $1,450,000 | $600,000 |
| Net Investment Income | $1,839 | $47,578 | $6,103 |
| Distributable Amount | — | $54,940 | $82,033 |
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
7 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Placerita Nature Center Association ($36,958).
| Recipient | Purpose | Amount |
|---|---|---|
| PLACERITA NATURE CENTER ASSOCIATION NEWHALL, CA | UNDESIGNATED | $36,958 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LOUIS A GARASI | Trustee | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Found Penny Foundation?
Found Penny Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CANYON COUNTRY, CA. It holds — in total assets as of 2024.
Where does Found Penny Foundation operate?
Found Penny Foundation has awarded grants in California.
What size grants does Found Penny Foundation award?
In 2024, Found Penny Foundation awarded 1 grants totaling $37K — an average of about $37K per grant, based on its IRS Form 990 filings.
What is Found Penny Foundation's EIN?
Found Penny Foundation's EIN (Employer Identification Number) is 35-6734885. IRS Form 990 filing data is available on this page for 2019–2024.
Explore Open Grants
Browse active grant opportunities in Found Penny Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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