Penny Lima Newhouse Foundation
Penny Lima Newhouse Foundation is a private foundation based in Wilmington, North Carolina. In its 2024 filing, it reported 14 grants totaling $5,835 to charitable organizations.
Penny Lima Newhouse Foundation at a glance
In short: Penny Lima Newhouse Foundation gave $6K across 14 grants in 2024 (avg $416.786), mostly in North Carolina. 36% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $5,835
- -13.1% vs 2023
- Grants made (2024)
- 14
- +7.7% vs 2023
- Average grant
- $417
- -19.3% vs 2023
- Median grant
- $155
- Total assets
- $400,376
- -20.8% vs 2023
- New grantees (estimate)
- 36% first-time grantees (5 of 14, 2024; small sample)
- Primary geography
- North Carolina (62% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Penny Lima Newhouse Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: PO Box 15194, Wilmington, NC 28408
Phone: (910) 612-7677
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Penny Lima Newhouse Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was WHQR Public Radio ($2K). Together the top 10 received $6K.
Grant Size Distribution
88 grants across all recorded years
The most common grant size was under $50K: 88 grants of 88 (100%).
Geographic Focus
Where this funder awards grants
The foundation’s 2024 grant dollars went to recipients in North Carolina (62%), New York (32%), Colorado (4%), and Florida (2%).
Grant Distribution by State
Share of 2024 grant dollars across all 14 itemized grants.
States
Cities
Is Penny Lima Newhouse Foundation open to new grantees?
36%
first-time grantees, 2024
In 2024, 5 of 14 grantees (36%) were first-time recipients. With only 14 grantees, that is a small sample: one grantee more or less moves the share by about 7 points. First grants averaged $136; repeat grants $573. How we count
Medians: $100 first-time, $250 repeat.
- 57% of 2024 grantees were also funded in 2023. Method
- Giving fell 74% from 2021 to 2024. Method
- In 2024 it paid out 107% 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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $6K (2024) to $23K (2021). In 2024 it made 14 grants totaling $6K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| WHQR Public Radio Wilmington, NC | General & Unrestricted | $1,950 |
| Braver Angels New York, NY | General & Unrestricted | $1,750 |
| Advanced Youth Outreach Wilmington, NC | General & Unrestricted | $500 |
| Carolina Beach Ocean Rescue Carolina Beach, NC | General & Unrestricted | $312 |
| Compassion & Choices Littleton, CO | General & Unrestricted | $258 |
| Planned Parenthood Wilmington, NC | General & Unrestricted | $250 |
| Humanists and Freethinkers Belville, NC | General & Unrestricted | $206 |
| Jeff Gordon Children's Foundation Charlotte, NC | General & Unrestricted | $104 |
| Bikers Against Drunk Driving Miami, FL | General & Unresticted | $100 |
| Friends of Aeon Brooklyn, NY | General & Unrestricted | $100 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $400,376 | $-2,204 | $75,339 | $5,835 | 14 | $28,883 | — | $27,081 |
| 2023 | $505,536 | $23,064 | $90,403 | $6,712 | 13 | $29,562 | — | $21,062 |
| 2022 | $536,546 | $35,432 | $84,343 | $17,906 | 24 | $42,675 | — | $30,568 |
| 2021 | $586,060 | $125,581 | $87,533 | $22,716 | 21 | $41,039 | $57,778 | $37,085 |
| 2020 | $564,654 | $82,207 | $78,230 | $16,790 | 16 | — | — | $26,402 |
Under IRS private-foundation payout rules, Penny Lima Newhouse Foundation reported a distributable amount of $27K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grants included support for organizations with varied missions. For example, Braver Angels describes its mission as strengthening civil society and reducing social polarization; Compassion & Choices says it works to improve care, expand options, and empower people to chart their end-of-life journeys. The Jeff Gordon Children’s Foundation says it supports children battling cancer through quality-of-life programs, treatment programs, and pediatric medical research. UNCW Corporation says it supports the University of North Carolina at Wilmington’s educational mission.
Grantmaking
In 2024, the foundation gave 14 grants totaling $5,835. Grants ranged from $40 to $1,950, with a median grant of $155.
Its largest reported grants included $1,950 to WHQR Public Radio and $1,750 to Braver Angels, both for general and unrestricted purposes. Other reported grants included $500 to Advanced Youth Outreach, $312 to Carolina Beach Ocean Rescue, $258 to Compassion & Choices, $250 to Planned Parenthood, $104 to the Jeff Gordon Children’s Foundation, and $90 to UNCW.
Leadership & Key People
Leadership team and compensation from IRS filings
DOC HAMM is listed as a director on the 2024 filing.
Penny Lima Newhouse Foundation is led by Doc Hamm, Director on every filing since 2020 — the only officer listed, and compensated.
Officers on the 2024 filing
Doc Hamm
Director
On filings since 2020
$27K (2020) → $41K (2024)
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 2024 IRS filing
The highest reported compensation on the 2024 filing was $41K, to Doc Hamm (Director).
Frequently asked questions about Penny Lima Newhouse Foundation
How much does Penny Lima Newhouse Foundation give each year?
Penny Lima Newhouse Foundation gave $6K across 14 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $7K across 13 grants.
What is Penny Lima Newhouse Foundation's typical grant size?
Penny Lima Newhouse Foundation's median grant in 2024 was $155, and its average grant was $417, across 14 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Penny Lima Newhouse Foundation that year got $136 on average.
Where does Penny Lima Newhouse Foundation give grants?
Penny Lima Newhouse Foundation gives mostly in North Carolina: 62% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was New York (32%). The most frequent recipient cities were Wilmington, NC (5 grants).
Does Penny Lima Newhouse Foundation give general operating support?
Yes: 100% of Penny Lima Newhouse Foundation's 2024 grants with a stated purpose (14 of 14) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Penny Lima Newhouse Foundation's largest grantees?
Penny Lima Newhouse Foundation's largest 2024 grantees include WHQR Public Radio ($1,950), Braver Angels ($1,750) and Advanced Youth Outreach ($500), according to its 2024 IRS Form 990-PF. Together they received 72% of its itemized 2024 grant dollars.
How large is Penny Lima Newhouse Foundation?
Penny Lima Newhouse Foundation reported $400K in total assets on its 2024 IRS Form 990-PF. It paid out $29K in qualifying distributions that year, against a required minimum of $27K (roughly 5% of its investment assets).
What does Penny Lima Newhouse Foundation fund?
No mission statement for the foundation is provided. Its 2024 grants included support for organizations with varied missions. See mission & focus areas ↑
How do I apply for a grant from Penny Lima Newhouse Foundation?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Penny Lima Newhouse Foundation's EIN?
Penny Lima Newhouse Foundation's EIN (Employer Identification Number) is 45-4900911. IRS Form 990 filing data is available on this page for 2020–2024.
Does Penny Lima Newhouse Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS January 6, 2022)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS October 2, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 15, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 21, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS January 27, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Penny Lima Newhouse Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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Browse active grant opportunities in Penny Lima Newhouse Foundation's focus areas in our free grants database
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