Frank Pernell Foundation
Frank Pernell Foundation is a private foundation, based in LAKEWOOD, CO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $707K in total assets. In 2024, it awarded 21 grants totaling $70K. Net investment income was $135K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$707K
+9.3% YoY
Annual Giving
$70K
+20.7% YoY
Grant Count
21
+16.7% YoY
Avg Grant Size
$3K
+3.4% YoY
Under IRS private-foundation payout rules, Frank Pernell Foundation reported a distributable amount of $45K for 2024 — the minimum it must pay out in qualifying distributions.
About Frank Pernell Foundation
Based on IRS filings
Frank Pernell Foundation is a private foundation, based in LAKEWOOD, CO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $707K in total assets. In 2024, it awarded 21 grants totaling $70K. Net investment income was $135K.
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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 | $707,209 | $647,224 | $630,730 |
| Revenue | $206,662 | $141,889 | $142,112 |
| Expenses | $77,097 | $65,236 | $56,637 |
| Qualifying Distributions | $74,344 | $62,296 | $54,062 |
| Net Investment Income | $134,649 | $69,655 | $68,355 |
| Distributable Amount | $44,918 | $39,920 | $38,900 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
83 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include One Acre Fund ($7,000), Horizons at Colorado Academy ($6,000), Sudu Salone ($6,000).
| Recipient | Purpose | Amount |
|---|---|---|
| A CHILDS NOTEBOOK SEATTLE, WA | SUPPORT ACCESS TO EDUCATION THROUGH SCHOLARSHIPS, INFRASTRUCTURE PROJECTS AND GRANTS TO LOCAL GRASSROOTS ORGANIZATIONS IN SOUTHEAST ASIA. | $5,000 |
| COLORADO LEGAL SERVICES DENVER, CO | PROVIDE HIGH QUALITY CIVIL LEGAL ASSISTANCE TO LOW-INCOME PERSONS THROUGHOUT THE STATE OF COLORADO. | $4,000 |
| DOCTORS WITHOUT BORDERS USA NEW YORK, NY | TO PROVIDE MEDICAL RELIEF WORLDWIDE. | $3,000 |
| FAR AWAY FRIENDS LAKEWOOD, CO | TRANSFORM EDUCATION IN RURAL UGANDA | $1,000 |
| FOOD BANK OF THE ROCKIES DENVER, CO | END HUNGER THROUGHOUT THE ROCKIES. | $2,000 |
| GLOBAL CONNECTIONS COLUMBUS, MS | TO DEVELOP AND SCALE AFFORDABLE, WORLD CLASS MEDICAL TECHNOLOGY TO EVERY CORNER OF THE WORLD. | $3,000 |
| GOLDEN CRESCENT CASA VICTORIA, TX | SUPPORT PROVIDING SERVICES FOR CHILDREN IN FOSTER CARE. | $2,000 |
| HEIFER INTERNATIONAL LITTLE ROCK, AR | PROVIDING RESOURCES TO ACCELERATE THE PATH TO LIVING INCOMES. | $2,000 |
| HORIZONS AT COLORADO ACADEMY DENVER, CO | TO PROVIDE CHILDREN LIVING AT OR BELOW PROVERTY LEVEL EVERY CHANCE TO THRIVE FROM PRE-KINDERGARDEN THROUGH HIGH SCHOOL GRADUATION. | $6,000 |
| MATTHEWS HOUSE FT COLLINS, CO | PROVIDE ESSENTIAL RESOURCES TO CHILDREN, TEENAGERS, AND FAMILIES FACING VARIOUS CHALLENGES. | $2,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KERRY M CANNON | PRESIDENT | — | — |
| MARGARET C MORRISSEY | SECRETARY | — | — |
Frequently Asked Questions
How large is Frank Pernell Foundation?
As of 2024, Frank Pernell Foundation holds $707K in total assets with $207K in annual revenue. It awarded 21 grants totaling $70K in 2024.
Where does Frank Pernell Foundation operate?
Frank Pernell Foundation has awarded grants in Arkansas, California, Colorado, District of Columbia, Illinois, Maryland, Missouri, Mississippi, New Jersey, New York, Texas, Utah, Washington.
What size grants does Frank Pernell Foundation award?
In 2024, Frank Pernell Foundation awarded 21 grants totaling $70K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Frank Pernell Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Frank Pernell Foundation reported a distributable amount of $45K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Frank Pernell Foundation's EIN?
Frank Pernell Foundation's EIN (Employer Identification Number) is 84-1094246. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Frank Pernell 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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