Pennoni Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 23 grants totaling $83K. Net investment income was $69K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.2M
+73.0% YoY
Annual Giving
$83K
+110.0% YoY
Grant Count
23
+9.5% YoY
Avg Grant Size
$4K
+91.7% YoY
Under IRS private-foundation payout rules, Pennoni Family Foundation reported a distributable amount of $74K for 2024 — the minimum it must pay out in qualifying distributions.
About Pennoni Family Foundation
Based on IRS filings
Pennoni Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 23 grants totaling $83K. Net investment income was $69K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,212,835 | $700,951 | $707,144 |
| Revenue | $615,582 | $50,039 | $68,544 |
| Expenses | $103,698 | $56,482 | $108,388 |
| Qualifying Distributions | $92,694 | $47,483 | $100,290 |
| Net Investment Income | $69,445 | $42,383 | $60,654 |
| Distributable Amount | $74,382 | $45,215 | $48,503 |
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
115 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Lankenau Medical Center Foundation ($30,000), Drexel University ($13,000), St John Neumann Church ($12,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ACADEMY OF NATURAL SCIENCES OF PHILADELPHIA PHILADELPHIA, PA | General & Unrestricted | $2,500 |
| AMERICAN FOUNDATION FOR SUICIDE PREVENTION NEW YORK, NY | General & Unrestricted | $250 |
| BRIDGE TO RECOVERY FOUNDATION RIDLEY PARK, PA | General & Unrestricted | $500 |
| CHILDRENS CANCER FUND THORNWOOD, NY | General & Unrestricted | $500 |
| COUNTRY DAY SCHOOL OF SACRED HEART BRYN MAWR, PA | Elena A Santora Scholarship Fund | $1,000 |
| DREXEL UNIVERSITY PHILADELPHIA, PA | General & Unrestricted | $5,000 |
| DREXEL UNIVERSITY PHILADELPHIA, PA | Men's Lacrosse Program | $2,000 |
| DREXEL UNIVERSITY PHILADELPHIA, PA | Drexel Student-Athletes FUND | $13,000 |
| FRIENDS OF JOHN PAUL II FOUNDATION OF PHILADELPHIA PHILADELPHIA, PA | General & Unrestricted | $1,000 |
| HABITAT FOR HUMANITY OF MONTGOMERY & DELAWARE COUN WEST NORRITON, PA | General & Unrestricted | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Andrew J Pennoni | VP, Dir, Sec, Pres | 1 | — |
| Celestino R Pennoni | Dir, Pres | 2 | — |
| David Pennoni | Dir | 1 | — |
| Vincent Pennoni | Dir | 1 | — |
| Diane Wendling | Dir | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Pennoni Family Foundation?
Pennoni Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $1.2M in total assets as of 2024.
How large is Pennoni Family Foundation?
As of 2024, Pennoni Family Foundation holds $1.2M in total assets with $616K in annual revenue. It awarded 23 grants totaling $83K in 2024.
Where does Pennoni Family Foundation operate?
Pennoni Family Foundation has awarded grants in California, District of Columbia, Delaware, Michigan, New Jersey, New York, Pennsylvania, Virginia.
What size grants does Pennoni Family Foundation award?
In 2024, Pennoni Family Foundation awarded 23 grants totaling $83K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Pennoni Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Pennoni Family Foundation reported a distributable amount of $74K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Pennoni Family Foundation's EIN?
Pennoni Family Foundation's EIN (Employer Identification Number) is 20-2631757. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Pennoni Family Foundation'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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