Pneuma Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SUMMIT, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $53K in total assets. In 2024, it awarded 28 grants totaling $35K. Net investment income was $2K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$53K
-49.2% YoY
Annual Giving
$35K
+173.8% YoY
Grant Count
28
+55.6% YoY
Avg Grant Size
$1K
+76.0% YoY
Under IRS private-foundation payout rules, Pneuma Foundation reported a distributable amount of $3K for 2024 — the minimum it must pay out in qualifying distributions.
About Pneuma Foundation
Based on IRS filings
Pneuma Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SUMMIT, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $53K in total assets. In 2024, it awarded 28 grants totaling $35K. Net investment income was $2K.
Focus Areas
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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 | $53,480 | $105,342 | $88,439 |
| Revenue | $4,367 | $1,882 | $2,956 |
| Expenses | $40,254 | $14,644 | $22,094 |
| Qualifying Distributions | $36,251 | $14,201 | $22,122 |
| Net Investment Income | $1,966 | $1,882 | $1,878 |
| Distributable Amount | $2,549 | $5,061 | $6,124 |
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 2024
Grant Size Distribution
128 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Oak Knoll School ($10,400), Jesuit Relief Services ($5,055), St Teresa of Avila ($3,800).
| Recipient | Purpose | Amount |
|---|---|---|
| BASICLIA NAT SHRINE WASHINGTON, DC | RELIGIOUS | $50 |
| BECKET FUND WASHINGTON, DC | RELIGIOUS | $500 |
| BHYC FOUNDATION BAYHEAD, NJ | LOCAL GIVING | $750 |
| CENTURIAN PROJECT FORT BRAGG, NC | MILITARY TRAUMA MISSION | $500 |
| CHRONES DISEASE FOUNDATION NEW YORK, NY | CURE DISEASE | $250 |
| DOMINICAN SISTERS OF MARY ANN ARBOR, MI | RELIGION | $100 |
| EVANGELIZO BOSTON, MA | RELIGIOUS | $200 |
| FAIRFIELD UNIVERSITY FAIRFIELD, CT | EDUCATION | $200 |
| FRANCISCAN CHARITIES INC NEWARK, NJ | RELIGIOUS | $1,500 |
| FROST VALLY YMCA CLARYVILLE, NY | COMMUNITY | $100 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| FLOYD J DONAHUE MD | PRESIDENT | — | — |
| LEBOA DONAHUE | VICE PRESIDE | — | — |
| MARY LEE TROUSDALE | SECRETARY | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Pneuma Foundation?
Pneuma Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SUMMIT, NJ. It holds $53K in total assets as of 2024.
How large is Pneuma Foundation?
As of 2024, Pneuma Foundation holds $53K in total assets with $4K in annual revenue. It awarded 28 grants totaling $35K in 2024.
Where does Pneuma Foundation operate?
Pneuma Foundation has awarded grants in Connecticut, District of Columbia, Florida, Illinois, Kentucky, Massachusetts, Michigan, North Carolina, New Jersey, New York, Pennsylvania, Tennessee, Wisconsin.
What size grants does Pneuma Foundation award?
In 2024, Pneuma Foundation awarded 28 grants totaling $35K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is Pneuma Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Pneuma Foundation reported a distributable amount of $3K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Pneuma Foundation's EIN?
Pneuma Foundation's EIN (Employer Identification Number) is 22-3459211. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Pneuma Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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