Penick Village Foundation Inc
Penick Village Foundation continues its mission to raise and distribute funds to penick village, inc.
Penick Village Foundation Inc at a glance
In short: Penick Village Foundation Inc gave $789K across 1 grant in 2025 (avg $789K), mostly in North Carolina. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $788,903
- +4.2% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $788,903
- +4.2% vs 2024
- Median grant
- $788,903
- Total assets
- $2,897,094
- -9.3% vs 2024
- Primary geography
- North Carolina (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Penick Village Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Penick Village Inc ($789K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $500K–1M range: 3 grants of 5 (60%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How Penick Village Foundation Inc gives
- Giving grew 24% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $332K (2021) to $789K (2025). In 2025 it made 1 grant totaling $789K.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Penick Village Inc Southern Pines, NC | General Support | $788,903 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $2,897,094 | $774,444 | $993,713 | $788,903 | 1 | $179,424 |
| 2024 | $3,193,712 | $409,111 | $909,616 | $757,358 | 1 | $85,622 |
| 2023 | $3,162,560 | $1,792,416 | $761,434 | $417,585 | 1 | $318,537 |
| 2022 | $1,996,780 | $733,887 | $713,449 | $634,971 | 1 | $103,615 |
| 2021 | $2,472,410 | $528,200 | $344,333 | $331,953 | 1 | $130,496 |
| 2020 | $2,044,527 | $470,075 | $344,665 | $337,632 | Total only | $19,424 |
| 2019 | $1,836,590 | $743,130 | $672,772 | $661,375 | 1 | $11,297 |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
About Penick Village Foundation Inc
Based on IRS filings
Penick Village Foundation Inc is a public charity focused on Housing & Shelter, based in Southern Pines, NC. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $2.9M in total assets. In 2025, it awarded 1 grant totaling $789K. Net investment income was $179K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Penick Village Foundation Inc is led by Alva Cromartie, CEO on every filing since 2021; none of the 16 officers listed in 2025 report compensation.
Officers on the 2025 filing
Alva Cromartie
CEO
On filings since 2021
1 hr/week
No compensation reported
Jim Heisey
President
On filings since 2019
1 hr/week
No compensation reported
Bob Darst
Trustee
Board Member → Treasurer, 2020
Treasurer → Trustee, 2025
On filings since 2019
1 hr/week
No compensation reported
Kelly Chandley
Trustee
Board Member → Trustee, 2024
On filings since 2021
1 hr/week
No compensation reported
Patty Pottle
Trustee
Board Member → Trustee, 2024
On filings since 2021
1 hr/week
No compensation reported
Jim Tart
Trustee
On filings since 2024
1 hr/week
No compensation reported
Joanne Davis
Trustee
On filings since 2024
1 hr/week
No compensation reported
Karyn Kline
Trustee
On filings since 2024
1 hr/week
No compensation reported
Anne Hocutt
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Chault Broughton
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Jim Lewis
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Joanne Valdes
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Hugh Bingham
Treasurer
Board Member → Trustee, 2024
Trustee → Treasurer, 2025
On filings since 2019
1 hr/week
No compensation reported
Jim Davis
Vice President
Board Member → Vice President, 2023
On filings since 2020
1 hr/week
No compensation reported
Christopher Mooney
CFO
On filings since 2024
1 hr/week
No compensation reported
Nancy Ellis
Secretary
Trustee → Secretary, 2025
On filings since 2024
1 hr/week
No compensation reported
Former officers (19)
- Former: Adair Woronoff (2019–2024) — Secretary
- Former: Janice Dixon (2019–2024) — Trustee
- Former: Terry Kees (2019–2024) — Cfo-Retired -
- Former: Lane West (2020–2024) — Trustee
- Former: Micah Niebauer (2021–2024) — Trustee
- Former: Barbara Holderby (2019–2023) — Board Member
- Former: Caroline Eddy (2021–2023) — CDO
- Former: John Frizzell (2021–2023) — Board Member
- Former: Lynne Healy (2021–2023) — Board Member
- Former: Susanna Loh (2023) — Board Member
- Former: Jeffrey I. Hutchins (2019–2022) — Former CEO
- Former: John Earp (2019–2022) — Vice President
- Former: Kay Bozarth (2019–2022) — Board Member
- Former: Susanna Kiluk (2021–2022) — Board Member
- Former: Elizabeth Oettinger (2019–2020) — Board Member
- Former: Keri Van Scoyoc (2019–2020) — Board Member
- Former: Pat Auch (2019–2020) — Board Member
- Former: Jim Sloan (2019) — Board Member
- Former: Lydia Gill (2019) — Secretary
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Penick Village Foundation Inc
How much does Penick Village Foundation Inc give each year?
Penick Village Foundation Inc gave $789K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $757K across 1 grant.
How large is Penick Village Foundation Inc?
Penick Village Foundation Inc reported $2.9M in total assets on its 2025 IRS Form 990. Its revenue that year was $774K.
What is Penick Village Foundation Inc?
Penick Village Foundation Inc is a public charity focused on Housing & Shelter, based in Southern Pines, NC. It holds $2.9M in total assets as of 2025.
Where does Penick Village Foundation Inc operate?
Penick Village Foundation Inc has awarded grants in North Carolina.
What is Penick Village Foundation Inc's EIN?
Penick Village Foundation Inc's EIN (Employer Identification Number) is 20-1055492. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2022 (received by the IRS August 15, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS August 15, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS August 8, 2025)
- Added Form 990 for fiscal year 2019 (received by the IRS August 11, 2020)
- Updated Form 990 for fiscal year 2021 (received by the IRS August 14, 2022)
- Added Form 990 for fiscal year 2025 (received by the IRS August 14, 2026)
- Updated Form 990 for fiscal year 2020 (received by the IRS August 11, 2021)
- IRS filings on file for fiscal years 2020–2024
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Figures come from Penick Village Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Penick Village Foundation Inc down — hundreds of funders to go?