The Petunia Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $386K in total assets. In 2024, it awarded 2 grants totaling $15K. Net investment income was $149K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$386K
+56.3% YoY
Annual Giving
$15K
+200.0% YoY
Grant Count
2
+100.0% YoY
Avg Grant Size
$8K
+50.0% YoY
Under IRS private-foundation payout rules, The Petunia Foundation reported a distributable amount of $19K for 2024 — the minimum it must pay out in qualifying distributions.
About The Petunia Foundation
Based on IRS filings
The Petunia Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $386K in total assets. In 2024, it awarded 2 grants totaling $15K. 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 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $385,890 | $246,969 | $221,521 |
| Revenue | $169,134 | $42,841 | $-3,347 |
| Expenses | $30,213 | $17,393 | $36,068 |
| Qualifying Distributions | $26,773 | $15,648 | $34,056 |
| Net Investment Income | $148,695 | $40,192 | $3,960 |
| Distributable Amount | $18,504 | $12,287 | $13,112 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
14 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Save Ukraine ($10,000), Duke University ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| DUKE UNIVERSITY DURHAM, NC | General & Unrestricted | $5,000 |
| SAVE UKRAINE EAST BRUNSWICK, NJ | General & Unrestricted | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Kevin Hermida | Dir, Pres, Sec, Treas | 1 | — |
| Luba Reznikova | Dir, VP | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Petunia Foundation?
The Petunia Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $386K in total assets as of 2024.
How large is The Petunia Foundation?
As of 2024, The Petunia Foundation holds $386K in total assets with $169K in annual revenue. It awarded 2 grants totaling $15K in 2024.
Where does The Petunia Foundation operate?
The Petunia Foundation has awarded grants in California, District of Columbia, Illinois, North Carolina, New Jersey, New York.
What size grants does The Petunia Foundation award?
In 2024, The Petunia Foundation awarded 2 grants totaling $15K — an average of about $8K per grant, based on its IRS Form 990 filings.
How much is The Petunia Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Petunia Foundation reported a distributable amount of $19K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Petunia Foundation's EIN?
The Petunia Foundation's EIN (Employer Identification Number) is 81-4657195. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Petunia 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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