Jacob and Anita Penzer Foundation

Private foundation · Grantmaker Lawrence, NY EIN: 65-0710609

The Jacob and Anita Penzer Foundation is a private foundation based in Lawrence, New York. In 2024, it made 55 grants totaling $651,260 to charitable organizations, with grant purposes listed as general.

Key facts about Jacob and Anita Penzer Foundation

In short: Jacob and Anita Penzer Foundation gave $651K across 55 grants in 2024 (avg $12K), mostly in California. 43% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

EIN
65-0710609
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$651,260
Grants made (2024)
55
Average grant
$11,841
Median grant
$2,000
New grantees (estimate)
43% first-time grantees (23 of 54, 2024)
Total assets
$27,671,158
Primary geography
California (55% of itemized 2024 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. 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

$27.7M

-3.4% YoY

Annual Giving

$651K

-8.6% YoY

Grant Count

55

+1.9% YoY

Avg Grant Size

$12K

-10.2% YoY

Under IRS private-foundation payout rules, Jacob and Anita Penzer Foundation reported a distributable amount of $1.4M for 2024 — the minimum it must pay out in qualifying distributions.

Is Jacob and Anita Penzer Foundation open to new grantees?

43%

first-time grantees, 2024

In 2024, 23 of 54 grantees (43%) were first-time recipients. First grants averaged $5K; repeat grants $17K. How we count

Medians: $3K first-time, $2K repeat.

  • 48% of 2024 grantees were also funded in 2023. Method
  • Giving grew 76% from 2021 to 2024. Method
  • In 2024 it paid out 113% 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.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2024 grants show support for organizations working in areas including community development, arts and culture, education, nature conservation, food access, and services for people with developmental abilities.

For example, Eilat Charities says its mission is to strengthen the community of Eilat in Israel. Faena Arts describes its work as commissioning and producing public arts projects, while Zoo Miami Foundation says it works to inspire people to preserve nature. Urban Oasis Project describes its mission as making fresh, healthy food accessible in underserved areas of Miami-Dade County.

Grantmaking

In 2024, the foundation reported 55 grants totaling $651,260. Grants ranged from $180 to $345,790, with a median of $2,000. The largest listed grants were $345,790 to Eilat Charities, $57,940 to Areyvut Agricultural Jewish Learning, $39,660 to Chabad of the Puerto Rico, $31,156 to The Bass Museum, and $29,000 to HAFTR. Each was listed with the purpose “general.”

How to Apply

The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.

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Geographic Focus

Where this funder awards grants

In 2024, grant dollars by recipient state were reported as 55% to California, 24% to Florida, 10% to New York, 7% to Puerto Rico, and 1% to New Jersey.

Grant Distribution by State

21states

Share of 2024 grant dollars across all 55 itemized grants.

Cities

MiamiNew YorkLawrenceCedarhurstWoodmereLos AngelesBrooklynMiami BeachFar RockawayWashingtonAventuraCoral GablesHollywoodDoralInwoodAlexandriaDavieFort LauderdaleNew BrunswickPalm Beach

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K$800K81 grants2020 66 grants2021 55 grants2022 54 grants2023 55 grants2024

From 2020 to 2024, annual grant giving ranged from $298K (2020) to $712K (2023). In 2024 it made 55 grants totaling $651K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Eilat Charities: $346KEilat Charities$346KAreyvut Agricultural Jewish Learning: $58KAreyvut Agricultural JewishLearning$58KChabad of the Puerto Rico: $40KChabad of the Puerto Rico$40KThe Bass Museum: $31KThe Bass Museum$31KHaftr: $29KHaftr$29KKSPACE Miami: $15KKSPACE Miami$15KLocusts Projects: $14KLocusts Projects$14KArtists 4 Israel: $8KArtists 4 Israel$8KNational Association of Chevra Kadisha: $7KNational Association of ChevraKadisha$7KFaena Arts: $6KFaena Arts$6K

The largest 2024 recipient was Eilat Charities ($346K). Together the top 10 received $554K.

Grant Size Distribution

311 grants across all recorded years

298<$50K10$50–100K1$100–250K2$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 298 grants of 311 (96%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Eilat Charities Los Angeles, CAGeneral$345,790
Areyvut Agricultural Jewish Learning Davie, FLGeneral$57,940
Chabad of the Puerto Rico Carolina, PRGeneral$39,660
The Bass Museum Miami Beach, FLGeneral$31,156
Haftr Cedarhurst, NYGeneral$29,000
KSPACE Miami Aventura, FLGeneral$15,000
Locusts Projects Miami, FLGeneral$13,926
Artists 4 Israel Los Angeles, CAGeneral$8,400
National Association of Chevra Kadisha Richmond Hill, NYGeneral$7,000
Faena Arts Miami Beach, FLGeneral$6,109

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2024 $27,671,158 $634,954 $1,659,268 $651,260
2023 $28,651,832 $866,750 $1,755,295 $712,334
2022 $29,370,580 $2,162,064 $1,714,695 $697,613
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M$4M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$27,671,158$28,651,832$29,370,580
Revenue$634,954$866,750$2,162,064
Expenses$1,659,268$1,755,295$1,714,695
Qualifying Distributions$1,552,561$1,631,515$1,608,945
Net Investment Income$599,530$636,430—
Distributable Amount$1,377,338$1,447,527$1,407,874

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Richard Penzer as president and director; Ariel Penzer and Jacob Penzer as vice presidents and directors; Jacki Penzer as vice president, secretary, and director; and Michael Penzer as vice president and treasurer.

Jacob and Anita Penzer Foundation is led by Richard Penzer, President & Director on every filing since 2020; 4 of 5 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • Richard Penzer

    President & Director

    On filings since 2020

    40 hrs/week

    $419K (2020) → $221K (2024)

  • Ariel Penzer

    Vice President & Director

    On filings since 2020

    10 hrs/week

    $91K (2020) → $104K (2024)

  • Jacki Penzer

    Vice President, Secretary & Director

    On filings since 2020

    40 hrs/week

    $258K (2020) → $255K (2024)

  • Jacob Penzer

    Vice President & Director

    On filings since 2020

    18 hrs/week

    $98K (2020) → $42K (2024)

  • Michael Penzer

    Vice President, Treasurer & Ass'

    On filings since 2020

    4 hrs/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.

Compensation Overview

From 2024 IRS filing

Jacki Penzer — Vice Pres /Secretary /Dire: $255KJacki PenzerVice Pres /Secretary /Dire$255KRichard Penzer — President / Director: $221KRichard PenzerPresident / Director$221KAriel Penzer — Vice Pres / Director: $104KAriel PenzerVice Pres / Director$104KJacob Penzer — Vice Pres / Director: $42KJacob PenzerVice Pres / Director$42K

The highest reported compensation on the 2024 filing was $255K, to Jacki Penzer (Vice Pres /Secretary /Dire). 4 officers or directors reported compensation on that filing.

Contact

Mailing address: Co Richard Penzer 81 Harborview W, Lawrence, NY 11559
Phone: (516) 375-2190

Frequently asked questions about Jacob and Anita Penzer Foundation

How much does Jacob and Anita Penzer Foundation give each year?

Jacob and Anita Penzer Foundation gave $651K across 55 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $712K across 54 grants.

What is Jacob and Anita Penzer Foundation's typical grant size?

Jacob and Anita Penzer Foundation's median grant in 2024 was $2,000, and its average grant was $11,841, across 55 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Jacob and Anita Penzer Foundation that year got $5K on average.

Where does Jacob and Anita Penzer Foundation give grants?

Jacob and Anita Penzer Foundation gives mostly in California: 55% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Florida (24%) and New York (10%). The most frequent recipient cities were Miami, FL (12 grants), New York, NY (5 grants), Los Angeles, CA (3 grants) and Miami Beach, FL (3 grants).

Does Jacob and Anita Penzer Foundation give general operating support?

Yes: 100% of Jacob and Anita Penzer Foundation's 2024 grants with a stated purpose (55 of 55) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are Jacob and Anita Penzer Foundation's largest grantees?

Jacob and Anita Penzer Foundation's largest 2024 grantees include Eilat Charities ($345,790), Areyvut Agricultural Jewish Learning ($57,940) and Chabad of the Puerto Rico ($39,660), according to its 2024 IRS Form 990-PF. Together they received 68% of its itemized 2024 grant dollars.

How large is Jacob and Anita Penzer Foundation?

Jacob and Anita Penzer Foundation reported $27.7M in total assets on its 2024 IRS Form 990-PF. It paid out $1.6M in qualifying distributions that year, against a required minimum of $1.4M (roughly 5% of its investment assets).

What does Jacob and Anita Penzer Foundation fund?

No mission statement for the foundation is provided. Its 2024 grants show support for organizations working in areas including community development, arts and culture, education, nature conservation, food access, and services for people with developmental abilities. See mission & focus areas ↑

How do I apply for a grant from Jacob and Anita Penzer Foundation?

The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Jacob and Anita Penzer Foundation's EIN?

Jacob and Anita Penzer Foundation's EIN (Employer Identification Number) is 65-0710609. IRS Form 990 filing data is available on this page for 2020–2024.

Does Jacob and Anita Penzer 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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