Penny Lima Newhouse Foundation

Foundation · Grantmaker Wilmington, NC EIN: 45-4900911

Penny Lima Newhouse Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in Wilmington, NC. IRS filing data is available from 2020 through 2024. In 2024, it awarded 14 grants totaling $6K.

Key facts about Penny Lima Newhouse Foundation

EIN
45-4900911
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$5,835
Grants made (2024)
14
Average grant
$417
Median grant
$155
New grantees (estimate)
36% first-time grantees (5 of 14, 2024)
Primary geography
North Carolina (62% 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).

Who Penny Lima Newhouse Foundation funds

By grant dollars, the top recipient states for Penny Lima Newhouse Foundation's 14 itemized 2024 grants were North Carolina (62%) and New York (32%). The most frequent recipient cities were Wilmington, NC (5 grants). 100% of grants with a stated purpose were for general or operating support.

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. 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

Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$6K

-13.1% YoY

Grant Count

14

+7.7% YoY

Avg Grant Size

$416.786

-19.3% YoY

About Penny Lima Newhouse Foundation

Based on IRS filings

Penny Lima Newhouse Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in Wilmington, NC. IRS filing data is available from 2020 through 2024. In 2024, it awarded 14 grants totaling $6K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

11states

Share of all 14 itemized 2024 grant dollars.

Cities

WilmingtonWashingtonBrooklynRaleighPortlandNew YorkResearch TriangleSan FranciscoArlingtonBelvilleCarolina BeachMiamiAmherstCharlotteHolly SpringsJacksonvilleLittletonMemphisPark CityPittsburgh

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120202021202220232024
Metric202420232022
Total Assets———
Revenue———
Expenses———
Qualifying Distributions———
Net Investment Income———
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$6K$11K$17K$23K16 grants202021 grants202124 grants202213 grants202314 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

WHQR Public Radio: $2KWHQR Public Radio$2KBraver Angels: $2KBraver Angels$2KAdvanced Youth Outreach: $500Advanced Youth Outreach$500Carolina Beach Ocean Rescue: $312Carolina Beach Ocean Rescue$312Compassion & Choices: $258Compassion & Choices$258Planned Parenthood: $250Planned Parenthood$250Humanists and Freethinkers: $206Humanists and Freethinkers$206Jeff Gordon Children's Foundation: $104Jeff Gordon Children'sFoundation$104Bikers Against Drunk Driving: $100Bikers Against Drunk Driving$100Friends of Aeon: $100Friends of Aeon$100

Grant Size Distribution

88 grants across all recorded years

88<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include WHQR Public Radio ($1,950), Braver Angels ($1,750), Advanced Youth Outreach ($500).

RecipientPurposeAmount
WHQR PUBLIC RADIO Wilmington, NCGENERAL & UNRESTRICTED$1,950
BRAVER ANGELS New York, NYGENERAL & UNRESTRICTED$1,750
ADVANCED YOUTH OUTREACH Wilmington, NCGENERAL & UNRESTRICTED$500
CAROLINA BEACH OCEAN RESCUE Carolina Beach, NCGENERAL & UNRESTRICTED$312
COMPASSION & CHOICES Littleton, COGENERAL & UNRESTRICTED$258
PLANNED PARENTHOOD Wilmington, NCGENERAL & UNRESTRICTED$250
HUMANISTS AND FREETHINKERS Belville, NCGENERAL & UNRESTRICTED$206
JEFF GORDON CHILDREN'S FOUNDATION Charlotte, NCGENERAL & UNRESTRICTED$104
BIKERS AGAINST DRUNK DRIVING Miami, FLGENERAL & UNRESTICTED$100
FRIENDS OF AEON Brooklyn, NYGENERAL & UNRESTRICTED$100

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Doc Hamm — Director: $41KDoc HammDirector$41K

From 2024 IRS filing

NameTitleHoursCompensation
Doc HammDirector—$40,500

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Penny Lima Newhouse Foundation?

Penny Lima Newhouse Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in Wilmington, NC. It holds — in total assets as of 2024.

Where does Penny Lima Newhouse Foundation operate?

Penny Lima Newhouse Foundation has awarded grants in California, Colorado, District of Columbia, Florida, North Carolina, New York, Oregon, Pennsylvania, Tennessee, Utah, Virginia.

What size grants does Penny Lima Newhouse Foundation award?

In 2024, Penny Lima Newhouse Foundation awarded 14 grants totaling $6K — an average of about $416.786 per grant, based on its IRS Form 990 filings.

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.

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

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