Halfpenny Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ARDMORE, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $823K in total assets. In 2024, it awarded 5 grants totaling $58K. Net investment income was $38K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$823K
-2.5% YoY
Annual Giving
$58K
+262.5% YoY
Grant Count
5
+25.0% YoY
Avg Grant Size
$12K
+190.0% YoY
Under IRS private-foundation payout rules, Halfpenny Foundation reported a distributable amount of $58K for 2024 — the minimum it must pay out in qualifying distributions.
About Halfpenny Foundation
Based on IRS filings
Halfpenny Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ARDMORE, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $823K in total assets. In 2024, it awarded 5 grants totaling $58K. Net investment income was $38K.
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 | $822,556 | $844,018 | $1,058,779 |
| Revenue | $37,987 | $87,686 | $29,065 |
| Expenses | $59,449 | $18,571 | $21,224 |
| Qualifying Distributions | $58,000 | $16,000 | $10,000 |
| Net Investment Income | $38,190 | $35,115 | $27,765 |
| Distributable Amount | $58,446 | $54,628 | $57,919 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
18 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include The Catholic Foundation ($30,000), Sunnycrest Home Inc ($10,000), Inglis House ($8,000).
| Recipient | Purpose | Amount |
|---|---|---|
| INGLIS HOUSE PHILADELPHIA, PA | TO HELP PROVIDE CARE FOR INDIVIDUALS WITH DISABILITIES. | $8,000 |
| SUNNYCREST HOME INC MORGANTOWN, PA | TO HELP PROVIDE CARE FOR INDIVIDUALS WITH DISABILITIES. | $5,000 |
| SHRINERS HOSPITAL FOR CHILDREN PHILADELPHIA, PA | TO HELP PROVIDE CARE FOR CHILDREN WITH ORTHOPAEDIC CONDITIONS, BURNS, SPINAL CORD INJURIES, AND CLEFT LIP AND PALATE ARE ELIGIBLE FOR CARE AND RECEIVE ALL SERVICES IN A FAMILY-CENTERED ENVIRONMENT, REGARDLESS OF THE PATIENTS' ABILITY TO PAY. | $5,000 |
| THE CATHOLIC FOUNDATION PHILADELPHIA, PA | TO PROVIDE SUPPORT TO PARISHES, SCHOOLS, VOCATIONS, AND MINISTRIES. | $30,000 |
| SUNNYCREST HOME INC MORGANTOWN, PA | TO HELP PROVIDE CARE FOR INDIVIDUALS WITH DISABILITIES. | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BERNARD J HALFPENNY | DIRECTOR/PRESIDENT | 1 | — |
| NANCY M HALFPENNY | DIRECTOR/SECRETARY/TREASUR | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Halfpenny Foundation?
Halfpenny Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ARDMORE, PA. It holds $823K in total assets as of 2024.
How large is Halfpenny Foundation?
As of 2024, Halfpenny Foundation holds $823K in total assets with $38K in annual revenue. It awarded 5 grants totaling $58K in 2024.
Where does Halfpenny Foundation operate?
Halfpenny Foundation has awarded grants in Florida, Pennsylvania.
What size grants does Halfpenny Foundation award?
In 2024, Halfpenny Foundation awarded 5 grants totaling $58K — an average of about $12K per grant, based on its IRS Form 990 filings.
How much is Halfpenny Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Halfpenny Foundation reported a distributable amount of $58K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Halfpenny Foundation's EIN?
Halfpenny Foundation's EIN (Employer Identification Number) is 83-1801344. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Halfpenny 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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