Penniman Foundation Inc

Foundation · Grantmaker Lighthouse Point, FL EIN: 38-1859967
HealthDiseases and conditionsHuman servicesYouth development

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.

Key facts about Penniman Foundation Inc

In short: Penniman Foundation Inc gave $40K across 16 grants in 2024 (avg $3K), top state California. 44% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

EIN
38-1859967
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$40,200
Grants made (2024)
16
Average grant
$2,513
Median grant
$1,250
New grantees (estimate)
44% first-time grantees (7 of 16, 2024)
Total assets
$389,242
Primary geography
California (25% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

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.

Is Penniman Foundation Inc open to new grantees?

44%

first-time grantees, 2024

In 2024, 7 of 16 grantees (44%) were first-time recipients. First grants averaged $2K; repeat grants $3K. How we count

Medians: $1K first-time, $2K repeat.

  • 50% of 2024 grantees were also funded in 2023. Method
  • Giving grew 91% 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.

Your AI grants department

Ready to take the next step with Penniman Foundation Inc?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

Grant Distribution by State

14states

Share of all 16 itemized 2024 grant dollars.

Cities

Fort LauderdaleWashingtonBoca RatonBurbankKey WestPhoenixRockvilleTampaAshevilleAnn ArborEnglewoodChicagoDenverHialeahHomesteadJupiterMemphisPompano BeachRockdaleSt Louis Park

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K8 grants202011 grants202111 grants202212 grants202316 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Providence St Joseph's Foundation: $10KProvidence St Joseph'sFoundation$10KBoca Raton Regional Hospital Foundation: $5KBoca Raton Regional HospitalFoundation$5KMayo Clinic: $5KMayo Clinic$5KUniversity of Michigan Annual Fund: $5KUniversity of Michigan AnnualFund$5KFisher House Foundation: $3KFisher House Foundation$3KUnited Way of Asheville Buncombe County: $3KUnited Way of AshevilleBuncombe County$3KHearts with Hands Asheville NC: $2KHearts with Hands Asheville NC$2KCato Institute: $2KCato Institute$2KAsheville School: $1KAsheville School$1KFsga Foundation: $1KFsga Foundation$1K

Grant Size Distribution

58 grants across all recorded years

58<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
PROVIDENCE ST JOSEPH'S FOUNDATION Burbank, CAGENERAL FUNDS$10,000
BOCA RATON REGIONAL HOSPITAL FOUNDATION Boca Raton, FLGENERAL FUNDS$5,000
MAYO CLINIC Phoenix, AZGENERAL FUNDS$5,000
UNIVERSITY OF MICHIGAN ANNUAL FUND Ann Arbor, MIGENERAL FUNDS$5,000
FISHER HOUSE FOUNDATION Rockville, MDGENERAL FUNDS$3,000
UNITED WAY OF ASHEVILLE BUNCOMBE COUNTY Asheville, NCGENERAL FUNDS$3,000
HEARTS WITH HANDS ASHEVILLE NC Swannanoa, NCGENERAL FUNDS$2,000
CATO INSTITUTE Washington, DCGENERAL FUNDS$1,500
ASHEVILLE SCHOOL Asheville, NCGENERAL FUNDS$1,000
FSGA FOUNDATION Tampa, FLGENERAL FUNDS$1,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20K$40K$60K20202021202220232024
Metric202420232022
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

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

Officers and directors from IRS filings

Penniman Foundation Inc is led by John G. Penniman, President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • John G. Penniman

    President

    On filings since 2020

    1 hr/week

    $1K (2020) → $0 (2024)

  • Jane M. Grinney

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Kimberly S. Penniman

    Director

    On filings since 2020

    1 hr/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 2020 IRS filing

John G Penniman — President: $1KJohn G PennimanPresident$1K

Frequently asked questions about Penniman Foundation Inc

How much does Penniman Foundation Inc give each year?

Penniman Foundation Inc gave $40K across 16 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $27K across 12 grants.

What is Penniman Foundation Inc's typical grant size?

Penniman Foundation Inc's median grant in 2024 was $1,250, and its average grant was $2,513, across 16 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Penniman Foundation Inc that year got $2K on average.

Where does Penniman Foundation Inc give grants?

Penniman Foundation Inc's top state is California, with 25% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Florida (19%) and North Carolina (15%). The most frequent recipient cities were Asheville, NC (2 grants).

Does Penniman Foundation Inc give general operating support?

Yes: 88% of Penniman Foundation Inc's 2024 grants with a stated purpose (14 of 16) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are Penniman Foundation Inc's largest grantees?

Penniman Foundation Inc's largest 2024 grantees include Providence St Joseph's Foundation ($10,000), Boca Raton Regional Hospital Foundation ($5,000) and Mayo Clinic ($5,000), according to its 2024 IRS Form 990-PF. Together they received 50% of its itemized 2024 grant dollars.

How large is Penniman Foundation Inc?

Penniman Foundation Inc reported $389K in total assets on its 2024 IRS Form 990-PF. It paid out $41K in qualifying distributions that year, against a required minimum of $36K (roughly 5% of its investment assets).

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.

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.

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

Your AI grants department

Here's the math on researching Penniman Foundation Inc by hand.

Explore Open Grants

Browse active grant opportunities in Penniman Foundation Inc's focus areas in our free grants database

Similar Funders

Funders that support many of the same organizations

Baird Foundation Inc

Milwaukee, WI

The foundation funds nonprofits in health and human services, education, the arts, youth, and other areas, with grants across multiple states and the largest share of 2025 funding going to Wisconsin. Its 2025 grants had a median of $500, though awards ranged widely; it gives only to preselected organizations and does not accept unsolicited requests.

Assets

$142.7M

Grants

3,862

Total Given

$7.0M

The Chicago Community Trust

Chicago, IL

The Chicago Community Trust funds nonprofits advancing economic mobility, narrowing the wealth gap, and meeting urgent needs, with priorities including Black and Latine income and assets, homeownership, and investment in underinvested communities. Its 2024 median grant was $25,000, though awards varied widely; funding generally benefits Chicago-region residents. It accepts applications for listed open opportunities through GrantCentral; the profile does not state whether it accepts unsolicited requests outside those opportunities.

Assets

$7.1B

Grants

4,316

Total Given

$1.2B

Mutual of America Foundation

New York, NY

Mutual of America Foundation makes grants for varied charitable purposes and recognizes U.S. nonprofits that build cross-sector community partnerships through its Community Partnership Award. In 2024, grants ranged from $25 to $250,000, with a median of $200; the award offers $75,000 or $100,000, and grant dollars were concentrated in New York, followed by Colorado and Washington, DC. It does not limit giving to preselected organizations; contact the foundation for application details.

Philanthropy, Voluntarism & Grantmaking

Assets

$136K

Grants

539

Total Given

$839K

Publix Super Markets Charities Inc

Lakeland, FL

Publix Super Markets Charities supports nonprofits addressing hunger, homelessness and housing, youth, education, and community needs in Florida, Georgia, Alabama, North Carolina, South Carolina, Tennessee, Virginia, and Kentucky. Its 2024 median grant was $2,500, though awards ranged widely; it accepts online requests from eligible organizations, with application periods varying by program.

Assets

$233.8M

Grants

3,269

Total Given

$52.5M

The Community Foundation for

Jacksonville, FL

The Community Foundation for Northeast Florida supports neighborhood strengthening, nonprofit capacity, education, aging adults, the arts, women and girls, young children, and early literacy, primarily in Baker, Clay, Duval, Nassau, St. Johns, and Putnam counties. Its 2024 median grant was $5,000; Program Support grants are available up to $25,000. It accepts applications for competitive grant programs, while donor-advised grants do not accept applications.

Philanthropy, Voluntarism & Grantmaking

Assets

$708.7M

Grants

2,470

Total Given

$78.0M

The Miami Foundation Inc

Miami, FL

The Miami Foundation funds nonprofits working on Greater Miami community priorities, including youth and families, economic opportunity, arts, health, equity, and climate resilience. Its 2023 grants had a median award of $21,585, though amounts vary widely; its grantmaking is focused on Miami-Dade County.

Philanthropy, Voluntarism & Grantmaking

Assets

$525.0M

Grants

879

Total Given

$57.2M

Community Foundation of Tampa Bay Inc

Tampa, FL

The Community Foundation of Tampa Bay funds nonprofits addressing economic opportunity, environmental sustainability, health, education, and community vitality in Hillsborough, Pinellas, Pasco, Hernando, and Citrus counties. Its annual competitive grants are typically $10,000–$50,000; it also accepts year-round requests for urgent, unforeseen needs of up to $250,000. Apply through the relevant grant opportunity; the profile does not state whether general unsolicited requests are accepted.

Philanthropy, Voluntarism & Grantmaking

Assets

$1.0B

Grants

698

Total Given

$54.3M

Gulf Coast Community Foundation Inc

Venice, FL

Gulf Coast Community Foundation funds arts and culture, civic and economic development, education, the environment, health and human services, and disaster response, with a focus on its Florida service area. Community grants provide up to $25,000 per organization per fiscal year; larger catalytic grants are available, and 2025 grants had a median of $16,251. It accepts unsolicited requests through scheduled Community Grant cycles; catalytic grants start with a letter of inquiry, and initiative grants are by invitation only.

Philanthropy, Voluntarism & Grantmaking

Assets

$533.7M

Grants

651

Total Given

$45.0M

Early Learning Coalition of Broward

Fort Lauderdale, FL

The Early Learning Coalition of Broward funds child care reimbursement and early-learning providers, including programs supporting child care and preschool, primarily in Broward County, Florida. Its 2025 grants ranged from $5,127 to $3,994,863, with a median of $158,921. The profile does not state whether it accepts unsolicited requests.

Human Services

Assets

$15.9M

Grants

636

Total Given

$152.2M

Leslie L Alexander Foundation Inc

Delray Beach, FL

The Leslie L Alexander Foundation supports animal rescue, education, children’s services, and other charitable work. In 2024, grants ranged from $600 to $1 million, with a median of $35,000; giving was concentrated in Florida and Texas, with awards also made elsewhere. It gives only to preselected organizations and does not accept unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$291.4M

Grants

622

Total Given

$28.4M

CSX Foundation Inc

Jacksonville, FL

Philanthropy, Voluntarism & Grantmaking

Assets

$9.7M

Grants

607

Total Given

$13.7M

The Pfizer Foundation Inc

New York, NY

The Pfizer Foundation funds locally led health programs that improve access to care and strengthen health systems, as well as health-crisis and disaster responses, worldwide. In 2024, grants ranged from $2 to $4 million, with a median of $200. It supports only preselected organizations and does not accept unsolicited requests.

Assets

$255.3M

Grants

9,306

Total Given

$23.2M

More Funders in Florida

Penniman Foundation Inc down — hundreds of funders to go?

Want AI to do this for you?