The Pg Penske Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in EL MONTE, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $812K in total assets. In 2024, it awarded 8 grants totaling $177K. Net investment income was $44K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$812K
+16.8% YoY
Annual Giving
$177K
-64.9% YoY
Grant Count
8
-42.9% YoY
Avg Grant Size
$22K
-38.5% YoY
Under IRS private-foundation payout rules, The Pg Penske Foundation Inc reported a distributable amount of $63K for 2024 — the minimum it must pay out in qualifying distributions.
About The Pg Penske Foundation Inc
Based on IRS filings
The Pg Penske Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in EL MONTE, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $812K in total assets. In 2024, it awarded 8 grants totaling $177K. Net investment income was $44K.
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 | $812,109 | $695,053 | $716,900 |
| Revenue | $294,158 | $481,329 | $862,692 |
| Expenses | $177,102 | $503,176 | $435,160 |
| Qualifying Distributions | $176,667 | $503,000 | $435,000 |
| Net Investment Income | $44,158 | $31,329 | $12,692 |
| Distributable Amount | $62,817 | $60,131 | $34,256 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
65 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include National Kidney Foundation ($50,000), Saint John's Health Center Foundation ($35,000), Boulder Crest Foundation ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALLIES FOR EVERY CHILD CULVER CITY, CA | GENERAL | $15,000 |
| BOULDER CREST FOUNDATION BLUEMONT, VA | GENERAL | $25,000 |
| HONORED FOUNDATION WASHINGTON, DC | GENERAL | $5,000 |
| NATIONAL KIDNEY FOUNDATION NEW YORK, NY | GENERAL | $50,000 |
| POSITIVE COACHING ALLIANCE OAKLAND, CA | GENERAL | $20,000 |
| SAINT JOHN'S HEALTH CENTER FOUNDATION SANTA MONICA, CA | GENERAL | $35,000 |
| THE JOHN THOMAS DYE SCHOOL LOS ANGELES, CA | GENERAL | $5,000 |
| UCLA DEVELOPMENT LOS ANGELES, CA | GENERAL | $21,667 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GREGORY W PENSKE | CHAIRMAN | 1 | — |
| PATRICIA DURHAM PENSKE | PRESIDENT | 1 | — |
| SOPHIA PENSKE | SECRETARY | 1 | — |
| NICHOLAS PENSKE | TREASURER | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Pg Penske Foundation Inc?
The Pg Penske Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in EL MONTE, CA. It holds $812K in total assets as of 2024.
How large is The Pg Penske Foundation Inc?
As of 2024, The Pg Penske Foundation Inc holds $812K in total assets with $294K in annual revenue. It awarded 8 grants totaling $177K in 2024.
Where does The Pg Penske Foundation Inc operate?
The Pg Penske Foundation Inc has awarded grants in California, District of Columbia, Delaware, Florida, Indiana, Maryland, New Jersey, New York, Pennsylvania, Utah, Virginia.
What size grants does The Pg Penske Foundation Inc award?
In 2024, The Pg Penske Foundation Inc awarded 8 grants totaling $177K — an average of about $22K per grant, based on its IRS Form 990 filings.
How much is The Pg Penske Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Pg Penske Foundation Inc reported a distributable amount of $63K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Pg Penske Foundation Inc's EIN?
The Pg Penske Foundation Inc's EIN (Employer Identification Number) is 82-3609938. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Pg Penske 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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