Penrose Foundation
The Penrose Foundation is a private foundation established in 1993 and based in Fort Worth, Texas. It operates as a 501(c)(3) tax-exempt organization with a focus on educational initiatives and scholarship support.
Key facts about Penrose Foundation
- EIN
- 75-2456902
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $121,000
- Grants made (2025)
- 21
- Average grant
- $5,762
- Median grant
- $6,000
- Primary geography
- Texas (100% of itemized 2025 grant dollars)
- Deadline
- April 1 of the applicable year
Data from IRS Form 990-PF, 2025; updated September 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Penrose Foundation funds
By grant dollars, the top recipient states for Penrose Foundation's 21 itemized 2025 grants were Texas (100%). The most frequent recipient cities were Fort Worth, TX (17 grants). 24% of grants with a stated purpose were for general or operating support. Recurring purposes include "Educational" (16 grants).
How Penrose Foundation gives
- Giving held roughly steady from 2022 to 2025 (−1%). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with Penrose Foundation
- How to evaluate Penrose Foundation as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
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Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$121K
+2.5% YoY
Grant Count
21
-8.7% YoY
Avg Grant Size
$6K
+12.3% YoY
Mission & Focus Areas
The foundation's primary purpose is to award scholarships to students of Hispanic descent who maintain a minimum 3.0 grade point average. The foundation also supports educational initiatives and various charitable causes within Texas.
Grantmaking
Grant Range
$5,000
Review Cycle
April 1 of the applicable year
Ready to take the next step with Penrose Foundation?
Geographic Focus
Where this funder awards grants
The foundation primarily funds initiatives within Texas, with grantmaking concentrated in the Dallas-Fort Worth metropolitan area and surrounding cities including Arlington, Bedford, Euless, Fort Worth, Grand Prairie, Haltom City, Keller, Mansfield, River Oaks, Southlake, and Watauga.
Grant Distribution by State
Share of all 21 itemized 2025 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue (2024):
- Total assets: $1,342,962
- Total revenues: $114,632
- Total expenses: $152,041
- Investment income and dividends: $30,585
- Net gain from sale of non-inventory assets: $82,927
Historical Asset Growth:
- 2011: $864,000
- 2023: $1,400,000
- 2024: $1,342,962
Liabilities: $0 (2024)
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2025
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 2025
Grant Size Distribution
107 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest recipients include Abel Hernandez-Moreno ($6,000), Alejandra Specia ($6,000), Benjamin Dalton ($6,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ABEL HERNANDEZ-MORENO Fort Worth, TX | EDUCATIONAL | $6,000 |
| ALEJANDRA SPECIA Fort Worth, TX | EDUCATIONAL | $6,000 |
| BENJAMIN DALTON Grand Prairie, TX | EDUCATIONAL | $6,000 |
| CRYSTAL VEGA Fort Worth, TX | EDUCATIONAL | $6,000 |
| DERECK HERNANDEZ-CONTRERAS Fort Worth, TX | EDUCATIONAL | $6,000 |
| ELIJAH MHROUS Fort Worth, TX | EDUCATIONAL | $6,000 |
| EMILY PACHECO Fort Worth, TX | EDUCATIONAL | $6,000 |
| JENNIFER RIVERA Arlington, TX | EDUCATIONAL | $6,000 |
| MIGUEL ROCHA Watauga, TX | EDUCATIONAL | $6,000 |
| PHOENIX SAAVEDRA Keller, TX | EDUCATIONAL | $6,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Patricia P. Schieffer – Director and President
- Sharon Schieffer Mayes – Director and Vice President (compensated board member, $12,918 annually)
- The foundation is governed by 7 officers and trustees
Compensation Overview
From 2025 IRS filing
From 2025 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Patricia P Schieffer | Director/Pres | — | — |
| Sharon Schieffer Mayes | Director/VP | 10 | $12,918 |
| Yolanda Cornejo Garcia | Director | — | — |
| Robert P Evans | Director/Secretary | — | — |
| Susan N Schieffer | Director | — | — |
| Sharon S Baird | Director | — | — |
| J Thomas Schieffer | Director | — | — |
| Lucy P Eichenauer | Director | — | — |
Recent News & Activity
Recent developments and announcements
The foundation continues active grantmaking, with 22 grants awarded in 2024. Recent recipients have included organizations focused on food security, workforce development, community development, and neighborhood revitalization efforts across multiple states.
2025 Pennrose Foundation Grants First RoundFrequently Asked Questions
What does Penrose Foundation fund?
The foundation's primary purpose is to award scholarships to students of Hispanic descent who maintain a minimum 3.0 grade point average. The foundation also supports educational initiatives and various charitable causes within Texas.
How do I apply for a grant from Penrose Foundation?
**Grant Activity:** • Made 22 grants in 2024 • Total giving in 2024: $118,010–$124,000 • Median grant size: $5,000 • Grant range: $2,500–$15,000 • Historical grantmaking peaked in 2022 with $245,000 distributed across 44 grants • Total of 86 grants made historically, totaling $462,000 **Recent Grant Recipients (2024):** • Girls Incorporated of Tarrant County: $2,500 • Tarrant Area Food Bank: $2,500 • United Community Centers: $2,500 **Application Requirements:** • Applicants must be of Hispanic…
Where does Penrose Foundation make grants?
The foundation primarily funds initiatives within Texas, with grantmaking concentrated in the Dallas-Fort Worth metropolitan area and surrounding cities including Arlington, Bedford, Euless, Fort Worth, Grand Prairie, Haltom City, Keller, Mansfield, River Oaks, Southlake, and Watauga.
What size grants does Penrose Foundation award?
In 2025, Penrose Foundation awarded 21 grants totaling $121K — an average of about $6K per grant, based on its IRS Form 990 filings.
What is Penrose Foundation's EIN?
Penrose Foundation's EIN (Employer Identification Number) is 75-2456902. IRS Form 990 filing data is available on this page for 2020–2025.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.