Penshorn Joshua 24 Foundation
Penshorn Joshua 24 Foundation is a private foundation based in Milwaukee, Wisconsin. Its 2024 filing reports grants to charitable organizations, including schools, ministries, and social-service organizations.
Penshorn Joshua 24 Foundation at a glance
In short: Penshorn Joshua 24 Foundation gave $1.3M across 39 grants in 2024 (avg $33K), top state Minnesota. 21% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $1,276,600
- -1.6% vs 2023
- Grants made (2024)
- 39
- -2.5% vs 2023
- Average grant
- $32,733
- +0.9% vs 2023
- Median grant
- $15,000
- Total assets
- $1,619,839
- +0.3% vs 2023
- New grantees (estimate)
- 21% first-time grantees (8 of 39, 2024)
- Primary geography
- Minnesota (47% 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 Penshorn Joshua 24 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 0634, Milwaukee, WI 53201-0634
Phone: (651) 466-8710
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Penshorn Joshua 24 Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was MN Adult & Teen Challenge ($140K). Together the top 10 received $926K.
Grant Size Distribution
159 grants across all recorded years
The most common grant size was under $50K: 137 grants of 159 (86%).
Geographic Focus
Where this funder awards grants
In 2024, Minnesota received 47% of grant dollars, North Carolina 16%, Missouri 11%, Indiana 9%, and Michigan 5%. The listed recipients also include organizations in California.
Grant Distribution by State
Share of 2024 grant dollars across all 39 itemized grants.
States
Cities
Is Penshorn Joshua 24 Foundation open to new grantees?
21%
first-time grantees, 2024
In 2024, 8 of 39 grantees (21%) were first-time recipients. First grants averaged $49K; repeat grants $29K. How we count
Medians: $5K first-time, $15K repeat.
- 62% of 2024 grantees were also funded in 2023. Method
- Giving grew 98% from 2021 to 2024. Method
- In 2024 it paid out 102% 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 $602K (2020) to $1.3M (2023). In 2024 it made 39 grants totaling $1.3M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| MN Adult & Teen Challenge Minneapolis, MN | General Operating | $140,000 |
| Concordia Seminary St Louis St. Louis, MO | General Operating | $121,000 |
| Concordia Seminary Ft Wayne Fort Wayne, IN | General Operating | $116,000 |
| Can Do Canines New Hope, MN | General Operating | $115,000 |
| Samaritans Purse Boone, NC | General Operating | $100,000 |
| Brite Initiative Fayetteville, NC | General Operating | $100,000 |
| Hope Academy Minneapolis, MN | General Operating | $70,000 |
| New Life Family Services Richfield, MN | General Operating | $70,000 |
| Lamp Ministry Inc New Haven, MI | General Operating | $50,000 |
| Heritage Christian Academy Maple Grove, MN | General Operating | $44,100 |
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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 | $1,619,839 | $1,392,763 | $1,388,307 | $1,276,600 | 39 | $1,289,592 | $1,298,564 | $1,262,956 |
| 2023 | $1,615,384 | $410,198 | $1,405,676 | $1,297,100 | 40 | $1,309,775 | $318,850 | $1,242,481 |
| 2022 | $2,610,862 | $348,854 | $1,177,249 | $1,067,600 | 32 | $1,080,789 | $238,145 | $1,313,470 |
| 2021 | $3,439,257 | $269,616 | $772,355 | $646,053 | 27 | $657,631 | $188,141 | $1,090,786 |
| 2020 | $3,941,996 | $5,355,295 | $706,376 | $602,000 | 21 | — | $1,436,298 | $672,470 |
Under IRS private-foundation payout rules, Penshorn Joshua 24 Foundation reported a distributable amount of $1.3M 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 foundation mission is stated in the available information. Its 2024 grantees describe a range of activities: Hope Academy says it operates a K–12 school providing a classical Christian education in urban Minneapolis; New Life Family Services describes itself as a faith-based medical clinic and social-service agency focused on pregnancy, parenting, and adoption support; and Can Do Canines says it creates partnerships between specially trained dogs and people. Samaritan’s Purse describes its work as providing spiritual and physical aid to people affected by war, poverty, natural disasters, disease, and famine.
Grantmaking
In 2024, the foundation made 39 grants totaling $1,276,600. Grants ranged from $1,000 to $140,000, with a median of $15,000. Among the largest were $140,000 to MN Adult & Teen Challenge, $121,000 to Concordia Seminary St Louis, $116,000 to Concordia Seminary Ft Wayne, $115,000 to Can Do Canines, and $100,000 each to Samaritan’s Purse and Brite Initiative. The listed purposes for these grants were general operating.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists John Penshorn as president, Terri Penshorn as vice-president, and Don Demorett as director.
Penshorn Joshua 24 Foundation is led by John Penshorn, President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
John Penshorn
President
On filings since 2020
1 hr/week
No compensation reported
Don Demorett
Director
On filings since 2020
1 hr/week
No compensation reported
Terri Penshorn
Vice President
On filings since 2020
1 hr/week
No compensation reported
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.
Frequently asked questions about Penshorn Joshua 24 Foundation
How much does Penshorn Joshua 24 Foundation give each year?
Penshorn Joshua 24 Foundation gave $1.3M across 39 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.3M across 40 grants.
What is Penshorn Joshua 24 Foundation's typical grant size?
Penshorn Joshua 24 Foundation's median grant in 2024 was $15,000, and its average grant was $32,733, across 39 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Penshorn Joshua 24 Foundation that year got $49K on average.
Where does Penshorn Joshua 24 Foundation give grants?
Penshorn Joshua 24 Foundation's top state is Minnesota, with 47% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were North Carolina (16%) and Missouri (11%). The most frequent recipient cities were Minneapolis, MN (5 grants), St. Louis, MO (2 grants), Madison, WI (2 grants) and Houston, TX (2 grants).
Does Penshorn Joshua 24 Foundation give general operating support?
Yes: 100% of Penshorn Joshua 24 Foundation's 2024 grants with a stated purpose (39 of 39) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Penshorn Joshua 24 Foundation's largest grantees?
Penshorn Joshua 24 Foundation's largest 2024 grantees include MN Adult & Teen Challenge ($140,000), Concordia Seminary St Louis ($121,000) and Concordia Seminary Ft Wayne ($116,000), according to its 2024 IRS Form 990-PF. Together they received 30% of its itemized 2024 grant dollars.
How large is Penshorn Joshua 24 Foundation?
Penshorn Joshua 24 Foundation reported $1.6M in total assets on its 2024 IRS Form 990-PF. It paid out $1.3M in qualifying distributions that year, against a required minimum of $1.3M (roughly 5% of its investment assets).
What does Penshorn Joshua 24 Foundation fund?
No foundation mission is stated in the available information. See mission & focus areas ↑
How do I apply for a grant from Penshorn Joshua 24 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 Penshorn Joshua 24 Foundation's EIN?
Penshorn Joshua 24 Foundation's EIN (Employer Identification Number) is 46-1586597. IRS Form 990 filing data is available on this page for 2020–2024.
Does Penshorn Joshua 24 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 October 4, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 10, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS August 22, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 10, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 13, 2025)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Penshorn Joshua 24 Foundation funds
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Cite this profile
Grantable. (2026). Penshorn Joshua 24 Foundation funder profile. GrantGraph. Retrieved October 22, 2026, from https://grantable.co/funders/penshorn-joshua-24-foundation-morg_b8415395432b4762986d2e14ccaf0be5
BibTeX
@misc{grantable_461586597_2026,
author = {{Grantable}},
title = {{Penshorn Joshua 24 Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/penshorn-joshua-24-foundation-morg_b8415395432b4762986d2e14ccaf0be5},
note = {Accessed 2026-10-22. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Penshorn Joshua 24 Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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