The Penniman Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOSTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $121K in total assets. In 2024, it awarded 43 grants totaling $27K. Net investment income was $5K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$121K
-16.5% YoY
Annual Giving
$27K
-14.3% YoY
Grant Count
43
+0.0% YoY
Avg Grant Size
$638.721
-14.3% YoY
Under IRS private-foundation payout rules, The Penniman Foundation Inc reported a distributable amount of $9K for 2024 — the minimum it must pay out in qualifying distributions.
About The Penniman Foundation Inc
Based on IRS filings
The Penniman Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOSTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $121K in total assets. In 2024, it awarded 43 grants totaling $27K. Net investment income was $5K.
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 | $121,289 | $145,275 | $163,543 |
| Revenue | $5,110 | $722 | $5,664 |
| Expenses | $32,628 | $37,212 | $36,949 |
| Qualifying Distributions | $27,465 | $32,065 | $29,000 |
| Net Investment Income | $5,110 | $3,743 | $5,664 |
| Distributable Amount | $9,108 | $7,813 | $9,958 |
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
203 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Friends of the Public Garden ($3,000), Uncf ($2,000), Uncommonorg ($2,000).
| Recipient | Purpose | Amount |
|---|---|---|
| 3L PLACE SOMERVILLE, MA | GENERAL SUPPORT | $350 |
| ACLU - AMERICAN CIVIL LIBERTIES UNION NEW YORK, NY | GENERAL SUPPORT | $350 |
| ADL FIGHTING ANTI-SEMITISM AND HATE NEW YORK, NY | GENERAL SUPPORT | $350 |
| AMAGANSETT FIRE DEPARTMENT AMAGANSETT, NY | GENERAL SUPPORT | $250 |
| AMAGANSETT FREE LIBRARY AMAGANSETT, NY | GENERAL SUPPORT | $500 |
| AMAGANSETT VILLAGE IMPROVEMENT SOCIETY AMAGANSETT, NY | GENERAL SUPPORT | $500 |
| ANIMAL RESCUE LEAGUE OF BOSTON BOSTON, MA | GENERAL SUPPORT | $500 |
| ARF EAST HAMPTON, NY | GENERAL SUPPORT | $500 |
| BEACON HILL CIVIC ASSOCIATION BOSTON, MA | GENERAL SUPPORT | $750 |
| BEACON HILL VILLAGE BOSTON, MA | GENERAL SUPPORT | $500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SUSANA LOPEZ | PRESIDENT | — | — |
| DOUGLAS LEVIN | TREASURER | — | — |
| J ROBERT CASEY | CLERK | — | — |
| SUSANA LOPEZ | DIRECTOR | — | — |
| DOUGLAS LEVIN | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Penniman Foundation Inc?
The Penniman Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOSTON, MA. It holds $121K in total assets as of 2024.
How large is The Penniman Foundation Inc?
As of 2024, The Penniman Foundation Inc holds $121K in total assets with $5K in annual revenue. It awarded 43 grants totaling $27K in 2024.
Where does The Penniman Foundation Inc operate?
The Penniman Foundation Inc has awarded grants in California, Connecticut, District of Columbia, Illinois, Massachusetts, Maryland, Minnesota, Missouri, Montana, New York, Texas.
What size grants does The Penniman Foundation Inc award?
In 2024, The Penniman Foundation Inc awarded 43 grants totaling $27K — an average of about $638.721 per grant, based on its IRS Form 990 filings.
How much is The Penniman Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Penniman Foundation Inc reported a distributable amount of $9K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Penniman Foundation Inc's EIN?
The Penniman Foundation Inc's EIN (Employer Identification Number) is 04-3472730. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Penniman Foundation Inc'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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