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

No grants recorded for .

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

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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