Sharon and Claude B Pennington
Sharon and Claude B Pennington is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BATON ROUGE, LA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $37.4M in total assets. In 2024, it awarded 48 grants totaling $3.1M. Net investment income was $1.5M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$37.4M
+14.1% YoY
Annual Giving
$3.1M
Grant Count
48
Avg Grant Size
$65K
Under IRS private-foundation payout rules, Sharon and Claude B Pennington reported a distributable amount of $1.7M for 2024 — the minimum it must pay out in qualifying distributions.
About Sharon and Claude B Pennington
Based on IRS filings
Sharon and Claude B Pennington is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BATON ROUGE, LA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $37.4M in total assets. In 2024, it awarded 48 grants totaling $3.1M. Net investment income was $1.5M.
Focus Areas
Ready to take the next step with Sharon and Claude B Pennington?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2021 |
|---|---|---|---|
| Total Assets | $37,440,682 | $32,809,414 | — |
| Revenue | $2,453,890 | $553,185 | — |
| Expenses | $3,488,866 | $63,096 | — |
| Qualifying Distributions | $3,138,212 | $4,037 | — |
| Net Investment Income | $1,475,051 | $513,000 | — |
| Distributable Amount | $1,674,414 | $1,477,516 | — |
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
48 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include United Cajun Navy ($1,279,437), West Baton Rouge Sheriff's Office ($618,030), East Baton Rouge Sheriff's Office ($338,638).
| Recipient | Purpose | Amount |
|---|---|---|
| 18TH JUDICIAL DIST ATTORNEYS OFC PLAQUEMINE, LA | FLOCK CAMERA | $30,000 |
| BATON ROUGE EPICUREAN SOCIETY BATON ROUGE, LA | FETE ROUGE AWARDS DINNER TABLE | $2,000 |
| BATON ROUGE GENERAL FOUNDATION BATON ROUGE, LA | RAISE THE BARN SPONSORSHIP 2024 | $10,000 |
| BROC FOUNDATION BATON ROUGE, LA | BR ORTHOPEDIC CTR ROCK AND WINE | $800 |
| BELLA BOWMAN FOUNDATION BATON ROUGE, LA | BELLA'S BALL 2024 SILVER SPONSOR | $7,500 |
| CAPITAL REGION CRIME STOPPERS BATON ROUGE, LA | ANNUAL GIFT | $5,000 |
| CAPITAL RENAISSANCE INTL SCHOOL BATON ROUGE, LA | 2024 GIFT | $15,000 |
| CITY OF PLAQUEMINE POLICE DEPT PLAQUEMINE, LA | POLICE EQUIPMENT | $50,000 |
| CITY OF REFUGE MINISTRIES WHITE CASTLE, LA | CORE YOUTH DEVELOPMENT | $3,000 |
| CLAW UP BOOSTERS SHREVEPORT, LA | 2024 GIFT | $2,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CLAUDE PENNINGTON | OFFICER | — | — |
| SHARON PENNINGTON | OFFICER | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Sharon and Claude B Pennington?
Sharon and Claude B Pennington is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BATON ROUGE, LA. It holds $37.4M in total assets as of 2024.
How large is Sharon and Claude B Pennington?
As of 2024, Sharon and Claude B Pennington holds $37.4M in total assets with $2.5M in annual revenue. It awarded 48 grants totaling $3.1M in 2024.
Where does Sharon and Claude B Pennington operate?
Sharon and Claude B Pennington has awarded grants in Louisiana, Texas.
What size grants does Sharon and Claude B Pennington award?
In 2024, Sharon and Claude B Pennington awarded 48 grants totaling $3.1M — an average of about $65K per grant, based on its IRS Form 990 filings.
How much is Sharon and Claude B Pennington required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Sharon and Claude B Pennington reported a distributable amount of $1.7M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Sharon and Claude B Pennington's EIN?
Sharon and Claude B Pennington's EIN (Employer Identification Number) is 81-5336145. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Sharon and Claude B Pennington's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Team Lamada
BATON ROUGE, LA
Assets
—
Grants
0
Total Given
—
The Feather Fund NOLA
MANDEVILLE, LA
Assets
$3K
Grants
0
Total Given
—
Orleans Parish Prison Reform Coalition
NEW ORLEANS, LA
Assets
$156K
Grants
1
Total Given
$20K
Ballengee Family Foundation Trust
SHREVEPORT, LA
Assets
—
Grants
4
Total Given
$7K
Foundation for Louisiana
NEW ORLEANS, LA
Assets
$16.8M
Grants
99
Total Given
$2.1M
The Fellowship of Orthopaedic
METAIRIE, LA
Assets
$903K
Grants
0
Total Given
—
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Sharon and Claude B Pennington 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 Sharon and Claude B Pennington to a real strategy.