Pennies From Heaven Foundation Inc

BROOKS, GA EIN: 58-2419565

Pennies From Heaven Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BROOKS, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $8.8M in total assets. In 2024, it awarded 13 grants totaling $414K. Net investment income was $662K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$8.8M

+7.9% YoY

Annual Giving

$414K

+2.7% YoY

Grant Count

13

+8.3% YoY

Avg Grant Size

$32K

-5.2% YoY

About Pennies From Heaven Foundation Inc

Based on IRS filings

Pennies From Heaven Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BROOKS, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $8.8M in total assets. In 2024, it awarded 13 grants totaling $414K. Net investment income was $662K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

AtlantaBuchananFairburnFayettevilleForsythLagrangeMariettaMcdonoughNewnanPeachtree CornersSenoiaUnion CityWest Point

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M$4M20202021202220232024
Metric202420232022
Total Assets$8,765,650$8,121,294$8,406,826
Revenue$1,061,520$121,208$-519,304
Expenses$417,164$406,740$561,036
Qualifying Distributions$414,000$403,000$482,000
Net Investment Income$661,911$190,521$137,881
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$142K$284K$425K$567K11 grants202014 grants202114 grants202212 grants202313 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

SOUTHWEST CHRISTIAN CARE$50KCOWETA FORCE$50KSOBRIETY RESOUCE INC$50KRESTORATION ATLANTA$50KATLANTA MISSION$50KBELOVED ATLANTA$40KCHOOSING HIM MINISTRIES$30KNEW VENTURES CALUMET$20KTHE JOSEPH SAMS SCHOOL$15KCOMFORT CARE MINISTRIES$15K

Grant Size Distribution

64 grants across all recorded years

44<$50K14$50–100K6$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Southwest Christian Care ($50,000), Coweta Force ($50,000), Sobriety Resouce Inc ($50,000).

RecipientPurposeAmount
THE JOSEPH SAMS SCHOOL FAYETTEVILLE, GAGENERAL OPERTATIONS$15,000
SOUTHWEST CHRISTIAN CARE UNION CITY, GAGENERAL OPERATIONS$50,000
COWETA FORCE NEWNAN, GAGENERAL OPERATIONS$50,000
NEW AVENUE LIFE OUTREACH FORSYTH, GAGENERAL OPERTATIONS$14,000
BELOVED ATLANTA ATLANTA, GAGENERAL OPERATIONS$40,000
COMFORT CARE MINISTRIES BUCHANAN, GAGENERAL OPERTATIONS$15,000
SOBRIETY RESOUCE INC MARIETTA, GAGENERAL OPERTATIONS$50,000
RESTORATION ATLANTA ATLANTA, GAGENERAL OPERATIONS$50,000
THE BEDFORD SCHOOL FAIRBURN, GAGENERAL OPERATIONS$15,000
M46 DADS MCDONOUGH, GAGENERAL OPERATIONS$15,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
RANDOLPH MCCLAINCHAIRMAN
CAROL MCCLAINTREASURER
CHARLES B PYKE JRSECRETARY
MATTHEW S MCLAINDIRECTOR
CHRISTINA MCCLAIN MILLERDIRECTOR

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Pennies From Heaven Foundation Inc?

Pennies From Heaven Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BROOKS, GA. It holds $8.8M in total assets as of 2024.

How large is Pennies From Heaven Foundation Inc?

As of 2024, Pennies From Heaven Foundation Inc holds $8.8M in total assets with $1.1M in annual revenue. It awarded 13 grants totaling $414K in 2024.

Where does Pennies From Heaven Foundation Inc operate?

Pennies From Heaven Foundation Inc has awarded grants in Georgia.

What size grants does Pennies From Heaven Foundation Inc award?

In 2024, Pennies From Heaven Foundation Inc awarded 13 grants totaling $414K — an average of about $32K per grant, based on its IRS Form 990 filings.

What is Pennies From Heaven Foundation Inc's EIN?

Pennies From Heaven Foundation Inc's EIN (Employer Identification Number) is 58-2419565. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in Pennies From Heaven Foundation Inc'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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