The Penates Foundation
The Penates Foundation is a private foundation based in Seabrook, New Hampshire. In filing year 2025, it reported 85 grants totaling $1,167,650, supporting organizations in areas including education, medical research, civic and community activities, culture and art, environmental conservation, and religion.
The Penates Foundation at a glance
In short: The Penates Foundation gave $1.2M across 85 grants in 2025 (avg $14K), top state Pennsylvania. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $1,167,650
- +57.2% vs 2024
- Grants made (2025)
- 85
- +14.9% vs 2024
- Average grant
- $13,737
- +36.8% vs 2024
- Median grant
- $5,000
- Total assets
- $37,097,528
- +7.5% vs 2024
- Primary geography
- Pennsylvania (26% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
How to apply to The Penates Foundation
- How to Apply
-
The filing lists Michele M. Cogan as the contact and a letter as the required form and materials. It states that there are no deadlines and no restrictions on awards. The filing says the foundation does not restrict giving to preselected organizations.
- Contact
Application contact: Michele M Cogan
Mailing address: 5 Batchelder Rd, Seabrook, NH 03874
Phone: (603) 926-5911
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Penates Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Marywood University ($253K). Together the top 10 received $662K.
Grant Size Distribution
243 grants across all recorded years
The most common grant size was under $50K: 233 grants of 243 (96%).
Geographic Focus
Where this funder awards grants
The foundation is based in Seabrook, New Hampshire. In 2025, recipients in Pennsylvania received 26% of grant dollars, those in New Hampshire 25%, New York 15%, Massachusetts 14%, and Maryland 6%. The grants also included recipients in other states.
Grant Distribution by State
Share of 2025 grant dollars across all 85 itemized grants.
States
Cities
How The Penates Foundation gives
- 62% of 2025 grantees were also funded in 2024. Method
- Giving grew 1658% from 2022 to 2025. Method
- In 2025 it paid out 79% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2025). 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 2019 to 2025, annual grant giving ranged from $66K (2022) to $1.2M (2025). In 2025 it made 85 grants totaling $1.2M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Marywood University Scranton, PA | Education | $253,000 |
| Sacred Heart School Hampton, NH | Education | $100,900 |
| New England Conservatory Boston, MA | Education | $51,500 |
| Fdn for National Institutes of Health Bethesda, MD | Medical Research | $50,000 |
| Live Free or Die Alliance Seabrook, NH | Civic/Community | $50,000 |
| Christian Fellowship MB Church Chicago, IL | General Support | $45,000 |
| Americans United for Life Washington, DC | General Fund | $30,000 |
| Sustainable Harvest Int'l Surry, NH | Environmental/Conservation | $30,000 |
| The Governor's Academy Byfield, MA | Education | $26,500 |
| Boch Center Boston, MA | Culture & Art | $25,000 |
Ready to take the next step with The Penates Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $37,097,528 | $1,076,277 | $1,482,587 | $1,167,650 | 85 | $1,359,130 | $935,120 | $1,713,010 |
| 2024 | $34,525,348 | $3,770,742 | $1,139,505 | $742,950 | 74 | $996,336 | $3,604,329 | $1,567,504 |
| 2023 | $29,270,900 | $10,076,148 | $706,381 | $427,380 | 53 | $612,942 | $2,821,209 | $1,158,683 |
| 2022 | $22,188,367 | $8,346,573 | $199,097 | $66,425 | 11 | $159,548 | $204,193 | $333,177 |
| 2021 | $11,375,783 | $1,512,058 | $352,250 | $155,200 | 20 | — | $43,194 | $460,418 |
| 2020 | $8,151,438 | $142,853 | $598,269 | $422,220 | 40 | — | $196,244 | $420,218 |
| 2019 | $8,928,075 | $346,333 | $776,755 | $575,250 | 49 | — | $209,821 | $440,985 |
Under IRS private-foundation payout rules, The Penates Foundation reported a distributable amount of $1.7M for 2025 — 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 statement is provided. Its 2025 grants show support for education, medical research, civic and community activities, culture and art, environmental conservation, religion, and general support.
Grantees’ own descriptions illustrate the range of organizations supported. Marywood University says it believes “education empowers people.” Citizens Count (Live Free or Die Alliance) describes its mission as making citizen engagement easier through unbiased information, civil discussion, and opportunities for citizens to take action. The New Hampshire Boat Museum says it works to foster appreciation of the state’s freshwater boating heritage through exhibits, experiences, and educational programs. The Trust for Public Land describes its work as creating parks and protecting land for people.
Grantmaking
In 2025, the foundation made 85 grants totaling $1,167,650. Grants ranged from $250 to $253,000, with a median grant of $5,000.
Among the largest reported grants were $253,000 to Marywood University for education; $100,900 to Sacred Heart School for education; $51,500 to New England Conservatory for education; and $50,000 to the Foundation for the National Institutes of Health for medical research. Other notable awards included $50,000 to Live Free or Die Alliance for civic/community purposes, $30,000 to Sustainable Harvest International for environmental/conservation purposes, and $25,000 each to Boch Center for culture and art and Camp Harbor View Foundation for civic and community purposes.
Other 2025 recipients included Leadership Roundtable ($25,000), Keystone College ($25,000), the New Hampshire Boat Museum ($25,000), and the Trust for Public Land ($25,000).
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Sandra G. Montrone as president/director; Michele M. Cogan as vice president/director; Robert Gagalis as treasurer; and Paul M. Montrone, Angelo M. Montrone, Anthony DiNovi, Fred Seigel, Kevin Clark, Jerome Montrone, and Patrick Collins as directors.
The Penates Foundation is led by Sandra G. Montrone, President & Director on every filing since 2019; none of the 10 officers listed in 2025 report compensation.
Officers on the 2025 filing
Sandra G. Montrone
President & Director
On filings since 2019
3 hrs/week
No compensation reported
Angelo M. Montrone
Director
On filings since 2019
1 hr/week
No compensation reported
Anthony Dinovi
Director
On filings since 2019
1 hr/week
No compensation reported
Fred Seigel
Director
On filings since 2019
1 hr/week
No compensation reported
Jerome Montrone
Director
On filings since 2019
1 hr/week
No compensation reported
Kevin Clark
Director
On filings since 2019
1 hr/week
No compensation reported
Michele M. Cogan See Note
Vice President & Director
On filings since 2019
40 hrs/week
No compensation reported
Paul M. Montrone See Note
Director
On filings since 2019
3 hrs/week
No compensation reported
Patrick Collins
Director
New on the 2025 filing
1 hr/week
No compensation reported
Robert Gagalis
Treasurer
On filings since 2023
1 hr/week
No compensation reported
Former officers (2)
- Former: Matthew Friel (2019–2024) — Director
- Former: John Crowley (2019–2022) — Treasurer
Data from IRS Form 990 filings, 2019–2025. "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 The Penates Foundation
How much does The Penates Foundation give each year?
The Penates Foundation gave $1.2M across 85 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $743K across 74 grants.
What is The Penates Foundation's typical grant size?
The Penates Foundation's median grant in 2025 was $5,000, and its average grant was $13,737, across 85 grants on its 2025 IRS Form 990-PF.
Where does The Penates Foundation give grants?
The Penates Foundation's top state is Pennsylvania, with 26% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were New Hampshire (25%) and New York (15%). The most frequent recipient cities were New York, NY (16 grants), Boston, MA (9 grants), Manchester, NH (6 grants) and Scranton, PA (5 grants).
Does The Penates Foundation give general operating support?
Yes: 28% of The Penates Foundation's 2025 grants with a stated purpose (24 of 85) were for general or operating support, per its 2025 IRS Form 990-PF. Recurring purposes include "Education" (15 grants), "Civic & Community" (9 grants) and "Culture & Art" (4 grants).
Who are The Penates Foundation's largest grantees?
The Penates Foundation's largest 2025 grantees include Marywood University ($253,000), Sacred Heart School ($100,900) and New England Conservatory ($51,500), according to its 2025 IRS Form 990-PF. Together they received 35% of its itemized 2025 grant dollars.
How large is The Penates Foundation?
The Penates Foundation reported $37.1M in total assets on its 2025 IRS Form 990-PF. It paid out $1.4M in qualifying distributions that year, against a required minimum of $1.7M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does The Penates Foundation fund?
No foundation mission statement is provided. Its 2025 grants show support for education, medical research, civic and community activities, culture and art, environmental conservation, religion, and general support. See mission & focus areas ↑
How do I apply for a grant from The Penates Foundation?
The filing lists Michele M. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Penates Foundation's EIN?
The Penates Foundation's EIN (Employer Identification Number) is 22-2536075. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(4)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS July 15, 2020)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 14, 2023)
- Added Form 990-PF for fiscal year 2025 (received by the IRS June 26, 2026)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in The Penates Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
IBM International Foundation
Armonk, NY
The IBM International Foundation funds education and workforce programs that build 21st-century and technology job skills, including initiatives for underserved students and job seekers. Its 2024 grants ranged from $10,000 to $8.48 million, with a median of $100,000, and went to organizations across several U.S. states, especially Delaware and Massachusetts. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$357.7M
Grants
16
Total Given
$11.7M
Aetna Foundation Inc
Hartford, CT
Aetna Foundation supported health and wellness, access to health care, and related community needs; its 2021 grants ranged from $5,000 to $1 million, with a median of $40,000, and went to organizations across multiple states, especially in D.C. and Connecticut. Its 2021 filing was marked final, so it appears to have ended or be winding down grantmaking; that filing said there were no restrictions on who could apply and pointed applicants to its website for application materials.
Assets
—
Grants
65
Total Given
$7.2M
Bristol-Myers Squibb Foundation Inc
Princeton, NJ
The Bristol-Myers Squibb Foundation supports health access and stronger health systems, with a focus on adult and pediatric cancers, blood disorders, brain health, and clinical-trial participation in the United States, Brazil, India, and ten Sub-Saharan African countries. In 2024, its median grant was about $134,000, though awards varied widely; it does not state whether it accepts unsolicited requests, and advises prospective applicants to contact the Foundation about its process.
Assets
$83.3M
Grants
144
Total Given
$67.7M
New Hampshire Charitable Foundation
Concord, NH
The New Hampshire Charitable Foundation supports nonprofits and students in New Hampshire across areas including health, education, housing, the environment, arts and civic life. Its 2024 grants had a median of $25,000, while its Responsive Grants offer eligible nonprofits up to $10,000; applications are accepted through that program on a rolling basis.
Assets
$1.2B
Grants
949
Total Given
$59.7M
Eastern Bank Foundation
Wakefield, MA
Eastern Bank Foundation supports economic inclusion and mobility, including small businesses, early childhood development, affordable housing, and workforce development. Its 2025 grants ranged from $50 to $2,002,500, with a median of $2,500, primarily in Massachusetts and also in New Hampshire and Rhode Island. It accepts online applications and does not limit giving to preselected organizations.
Assets
$266.7M
Grants
1,786
Total Given
$19.0M
Boston Foundation Inc
Boston, MA
The Boston Foundation funds nonprofits and community initiatives focused on equity and opportunity, including child well-being, economic opportunity, community wealth, and community leadership, primarily in Greater Boston. Its 2025 grants had a median of $25,000, while specific programs offer amounts such as $50,000; whether it accepts unsolicited requests is not stated.
Assets
$2.1B
Grants
2,375
Total Given
$228.4M
More similar funders
More Funders in New Hampshire
Cite this profile
Grantable. (2026). The Penates Foundation funder profile. GrantGraph. Retrieved October 11, 2026, from https://grantable.co/funders/the-penates-foundation-morg_6aa3ea31ec23454eb1ae6c3a43acf567
BibTeX
@misc{grantable_222536075_2026,
author = {{Grantable}},
title = {{The Penates Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-penates-foundation-morg_6aa3ea31ec23454eb1ae6c3a43acf567},
note = {Accessed 2026-10-11. 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 The Penates 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.
The Penates Foundation down — hundreds of funders to go?