The Penobscot Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BROOKLYN, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 3 grants totaling $150K. Net investment income was $149K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.4M
Annual Giving
$150K
Grant Count
3
Avg Grant Size
$50K
About The Penobscot Fund
Based on IRS filings
The Penobscot Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BROOKLYN, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 3 grants totaling $150K. Net investment income was $149K.
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 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $1,407,275 | $1,513,837 | $1,576,441 |
| Revenue | $148,944 | $110,051 | $102,671 |
| Expenses | $166,229 | $172,655 | $21,665 |
| Qualifying Distributions | $150,000 | $150,000 | — |
| Net Investment Income | $148,944 | $110,051 | $102,671 |
| Distributable Amount | $77,114 | $74,568 | $91,614 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
16 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 |
|---|---|---|---|
| EUGENE BRADLEY MEYER | TRUSTEE | 1 | — |
| NICHOLAS D MEYER | TRUSTEE | 1 | — |
| JACOB B MEYER | TRUSTEE | 1 | — |
| NATHANIEL S MEYER | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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Total Given
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Druckenmiller Foundation
NEW YORK, NY
Assets
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Grants
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Total Given
$135.7M
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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