The Carol and Rebecca Pennell Foundation
The Carol and Rebecca Pennell Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DENISON, TX. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $16K in total assets. In 2024, it awarded 4 grants totaling $95K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$16K
-29.4% YoY
Annual Giving
$95K
-45.4% YoY
Grant Count
4
-33.3% YoY
Avg Grant Size
$24K
-18.1% YoY
About The Carol and Rebecca Pennell Foundation
Based on IRS filings
The Carol and Rebecca Pennell Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DENISON, TX. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $16K in total assets. In 2024, it awarded 4 grants totaling $95K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $16,269 | $23,049 | $42,845 |
| Revenue | $90,345 | $156,281 | $148,447 |
| Expenses | $97,125 | $176,077 | $115,475 |
| Qualifying Distributions | $95,100 | $174,100 | $113,850 |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | $1,600 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
27 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| REBECCA ANN PENNELL | Trustee | — | — |
| JIM BOB WALTERS | Director | — | — |
| TERESA MEYERS | Director | — | — |
| SANDY ULMER | Director | — | — |
| CLAY JONES | Director | — | — |
| TOM AKINS | Director | — | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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