The Pennell Family Foundation is a private foundation focused on Arts, Culture & Humanities, based in GREENVILLE, SC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $12.2M in total assets. In 2024, it awarded 5 grants totaling $692K. Net investment income was $658K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$12.2M
-0.3% YoY
Annual Giving
$692K
+15.3% YoY
Grant Count
5
+150.0% YoY
Avg Grant Size
$138K
-53.9% YoY
Under IRS private-foundation payout rules, The Pennell Family Foundation reported a distributable amount of $702K for 2024 — the minimum it must pay out in qualifying distributions.
About The Pennell Family Foundation
Based on IRS filings
The Pennell Family Foundation is a private foundation focused on Arts, Culture & Humanities, based in GREENVILLE, SC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $12.2M in total assets. In 2024, it awarded 5 grants totaling $692K. Net investment income was $658K.
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 | $12,174,314 | $12,215,552 | $12,654,554 |
| Revenue | $741,839 | $249,284 | $1,306,939 |
| Expenses | $833,077 | $688,286 | $288,384 |
| Qualifying Distributions | $699,008 | $604,950 | $187,933 |
| Net Investment Income | $657,770 | $273,537 | $1,224,488 |
| Distributable Amount | $701,626 | $648,304 | $659,752 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
10 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Ymca of Greenville ($300,000), Neighborhood Cancer Connection ($125,000), Judson Community Partnership ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| JUDSON COMMUNITY PARTNERSHIP GREENVILLE, SC | TO PROVIDE GENERAL SUPPORT | $100,000 |
| KEVIN & BRITTANY KISNER FOUNDATION AIKEN, SC | TO PROVIDE GENERAL SUPPORT | $66,667 |
| MILL VILLAGE MINISTRIES GREENVILLE, SC | TO SUPPORT THE HONE GREENVILLE PROJECT | $100,000 |
| NEIGHBORHOOD CANCER CONNECTION GREENVILLE, SC | TO SUPPORT MOYER'S ROOM FOR CHILDREN'S NAMING | $125,000 |
| YMCA OF GREENVILLE GREENVILLE, SC | TO SUPPORT THE METROMONT AIRNASIUM | $300,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RICHARD H PENNELL JR | CHAIRPERSON | 1 | — |
| NANCY N PENNELL | TRUSTEE | 1 | — |
| ALLEN N PENNELL ALBERGOTTI | TRUSTEE | 1 | — |
| RICHARD H PENNELL III | TRUSTEE | 1 | — |
| JAMES D PENNELL | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Pennell Family Foundation?
The Pennell Family Foundation is a private foundation focused on Arts, Culture & Humanities, based in GREENVILLE, SC. It holds $12.2M in total assets as of 2024.
How large is The Pennell Family Foundation?
As of 2024, The Pennell Family Foundation holds $12.2M in total assets with $742K in annual revenue. It awarded 5 grants totaling $692K in 2024.
Where does The Pennell Family Foundation operate?
The Pennell Family Foundation has awarded grants in Georgia, South Carolina.
What size grants does The Pennell Family Foundation award?
In 2024, The Pennell Family Foundation awarded 5 grants totaling $692K — an average of about $138K per grant, based on its IRS Form 990 filings.
How much is The Pennell Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Pennell Family Foundation reported a distributable amount of $702K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Pennell Family Foundation's EIN?
The Pennell Family Foundation's EIN (Employer Identification Number) is 83-4694955. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Pennell Family 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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