The organization is committed to advancing scientific research and improving the lives of individuals affected by Neurofibromatosis NF1.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.4M
+67.2% YoY
Annual Giving
$116K
-81.8% YoY
Grant Count
3
-40.0% YoY
Avg Grant Size
$39K
-69.7% YoY
About Pennys Flight Foundation Inc
Based on IRS filings
Pennys Flight Foundation Inc is a nonprofit organization focused on Medical Research, based in GLEN COVE, NY. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $2.4M in total assets. In 2024, it awarded 3 grants totaling $116K. Net investment income was $98K.
Focus Areas
Ready to take the next step with Pennys Flight 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 | $2,444,907 | $1,462,194 | $606,652 |
| Revenue | $2,062,467 | $1,683,901 | $645,390 |
| Expenses | $1,046,844 | $1,316,319 | $38,738 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $97,769 | $11,481 | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
8 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Childrens Tumor Foundation ($81,000), Childrens Tumor Foundation ($30,000), Cold Spring Harbor Laboratory ($5,200).
| Recipient | Purpose | Amount |
|---|---|---|
| Childrens Tumor Foundation New York, NY | Scientific Research | $81,000 |
| Childrens Tumor Foundation York, NY | Scientific Research | $30,000 |
| Cold Spring Harbor Laboratory Cold Spring Har, NY | Scientific Research | $5,200 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Katherine Doerge | Director | 20 | $132,000 |
| Megan Grant | Director | 5 | — |
| Scott Willard | Director | 5 | — |
| Carl Doerge | Director | 10 | — |
| Kearney Staniford | Director | 5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Pennys Flight Foundation Inc?
Pennys Flight Foundation Inc is a nonprofit organization focused on Medical Research, based in GLEN COVE, NY. It holds $2.4M in total assets as of 2024.
How large is Pennys Flight Foundation Inc?
As of 2024, Pennys Flight Foundation Inc holds $2.4M in total assets with $2.1M in annual revenue. It awarded 3 grants totaling $116K in 2024.
Where does Pennys Flight Foundation Inc operate?
Pennys Flight Foundation Inc has awarded grants in California, New York.
What size grants does Pennys Flight Foundation Inc award?
In 2024, Pennys Flight Foundation Inc awarded 3 grants totaling $116K — an average of about $39K per grant, based on its IRS Form 990 filings.
What is Pennys Flight Foundation Inc's EIN?
Pennys Flight Foundation Inc's EIN (Employer Identification Number) is 92-1211076. IRS Form 990 filing data is available on this page for 2022–2024.
Explore Open Grants
Browse active grant opportunities in Pennys Flight Foundation Inc's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
The Reich Family Charitable Trust
BROOKLYN, NY
Assets
$689K
Grants
1
Total Given
$453K
Launa Beuhler Foundation for
BROOKLYN, NY
Assets
$2K
Grants
4
Total Given
$20K
The Hilary Grace Foundation Inc
EAST AMHERST, NY
Assets
$126K
Grants
2
Total Given
$36K
Uw E J Madden Mem Open Hearts Club 10-214880
NEW YORK, NY
Assets
$1.3M
Grants
1
Total Given
$307K
Hindy's Foundation
BROOKLYN, NY
Assets
$142K
Grants
8
Total Given
$225K
Jeanne & Thomas Hardy Family Foundation
NEW YORK, NY
Assets
$3K
Grants
3
Total Given
$3K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Pennys Flight 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 Pennys Flight Foundation Inc to a real strategy.