The Irving Penn Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $152.6M in total assets. In 2024, it awarded 1 grants totaling $1.4M. Net investment income was $364K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$152.6M
-0.8% YoY
Annual Giving
$1.4M
+10.0% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$1.4M
+10.0% YoY
About The Irving Penn Foundation
Based on IRS filings
The Irving Penn Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $152.6M in total assets. In 2024, it awarded 1 grants totaling $1.4M. Net investment income was $364K.
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 | $152,583,359 | $153,762,519 | $154,769,496 |
| Revenue | $758,086 | $842,083 | $2,417,509 |
| Expenses | $3,086,314 | $2,816,221 | $3,002,497 |
| Qualifying Distributions | $2,676,010 | $2,453,397 | $2,573,624 |
| Net Investment Income | $364,182 | $500,204 | $1,881,272 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
6 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 |
|---|---|---|---|
| LENNART DUREHED | DIRECTOR | 1 | — |
| TOM PENN | DIRECTOR, PRESIDENT & CHAIR | 40 | $289,636 |
| ARNIE HERRMANN | DIRECTOR, SECRETARY & TREASURER | 1 | — |
| ELIZABETH BROUN | DIRECTOR | 1 | — |
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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