Penniman Foundation Inc
Penniman Foundation Inc is a private foundation focused on Health, based in LIGHTHOUSE POINT, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $389K in total assets. In 2024, it awarded 16 grants totaling $40K. Net investment income was $30K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$389K
-2.7% YoY
Annual Giving
$40K
+47.5% YoY
Grant Count
16
+33.3% YoY
Avg Grant Size
$3K
+10.6% YoY
Under IRS private-foundation payout rules, Penniman Foundation Inc reported a distributable amount of $36K for 2024 — the minimum it must pay out in qualifying distributions.
About Penniman Foundation Inc
Based on IRS filings
Penniman Foundation Inc is a private foundation focused on Health, based in LIGHTHOUSE POINT, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $389K in total assets. In 2024, it awarded 16 grants totaling $40K. Net investment income was $30K.
Ready to take the next step with Penniman Foundation Inc?
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 | $389,242 | $399,884 | $408,602 |
| Revenue | $31,198 | $21,643 | $40,997 |
| Expenses | $42,201 | $29,864 | $28,216 |
| Qualifying Distributions | $41,200 | $28,250 | $27,025 |
| Net Investment Income | $30,292 | $30,016 | $39,806 |
| Distributable Amount | $36,427 | $33,282 | $34,315 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
58 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Providence St Joseph's Foundation ($10,000), Boca Raton Regional Hospital Foundation ($5,000), Mayo Clinic ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ASHEVILLE SCHOOL ASHEVILLE, NC | GENERAL FUNDS | $1,000 |
| BOCA RATON REGIONAL HOSPITAL FOUNDATION BOCA RATON, FL | GENERAL FUNDS | $5,000 |
| CATO INSTITUTE WASHINGTON, DC | GENERAL FUNDS | $1,500 |
| DAVE MILLER MEMORIAL FUND FORT LAUDERDALE, FL | SCHOLARSHIPS | $500 |
| FISHER HOUSE FOUNDATION ROCKVILLE, MD | GENERAL FUNDS | $3,000 |
| FSGA FOUNDATION TAMPA, FL | GENERAL FUNDS | $1,000 |
| HEARTS WITH HANDS ASHEVILLE NC SWANNANOA, NC | GENERAL FUNDS | $2,000 |
| KENT DENVER FUND ENGLEWOOD, CO | GENERAL FUNDS | $1,000 |
| MAYO CLINIC PHOENIX, AZ | GENERAL FUNDS | $5,000 |
| PARK NICOLLET FOUNDATION ST LOUIS PARK, MN | GENERAL FUNDS | $500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOHN G PENNIMAN | PRESIDENT | 1 | — |
| JANE M GRINNEY | DIRECTOR | 1 | — |
| KIMBERLY S PENNIMAN | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Penniman Foundation Inc?
Penniman Foundation Inc is a private foundation focused on Health, based in LIGHTHOUSE POINT, FL. It holds $389K in total assets as of 2024.
How large is Penniman Foundation Inc?
As of 2024, Penniman Foundation Inc holds $389K in total assets with $31K in annual revenue. It awarded 16 grants totaling $40K in 2024.
Where does Penniman Foundation Inc operate?
Penniman Foundation Inc has awarded grants in Alabama, Arizona, California, Colorado, District of Columbia, Florida, Illinois, Maryland, Michigan, Minnesota, North Carolina, New York, Tennessee, Texas.
What size grants does Penniman Foundation Inc award?
In 2024, Penniman Foundation Inc awarded 16 grants totaling $40K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Penniman Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Penniman Foundation Inc reported a distributable amount of $36K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Penniman Foundation Inc's EIN?
Penniman Foundation Inc's EIN (Employer Identification Number) is 38-1859967. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Penniman Foundation Inc's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Virgil P Warren Fdn Tr Ua
ORLANDO, FL
Assets
$4.2M
Grants
14
Total Given
$96K
Palm Valley Academy Parent-teacher
PONTE VEDRA, FL
Assets
$261K
Grants
1
Total Given
$78K
The Fritch Foundation
FT LAUDERDALE, FL
Assets
—
Grants
17
Total Given
$167K
Leiman Asterisk Foundation Inc
DELRAY BEACH, FL
Assets
$1.2M
Grants
2
Total Given
$62K
Rachel Memorial Foundation
SANTA RSA BCH, FL
Assets
—
Grants
6
Total Given
$10K
My Brother'ssister's Keeper Charitable
ROYAL PALM BEACH, FL
Assets
$462K
Grants
1
Total Given
$50K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Penniman Foundation Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Penniman Foundation Inc to a real strategy.