The William C Bullitt Foundation Inc
The William C. Bullitt Foundation Inc. is a private charitable grantmaking foundation established in 2001 and based in New York, NY. The foundation was created in 2007 with proceeds from the estate of Anne Bullitt at the behest of founder Robert M. Pennoyer, who served as a board member and guided the foundation from its inception until his death in August 2023 at age 98. The foundation supports the well-being of people, society, and the natural environment through strategic grantmaking.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$12.8M
+0.1% YoY
Annual Giving
$1.0M
+6.5% YoY
Grant Count
46
-4.2% YoY
Avg Grant Size
$23K
+11.2% YoY
Mission & Focus Areas
The foundation gives primarily to organizations that:
- Promote government integrity and protect civil liberties and human rights
- Help economically and socially disadvantaged children and families achieve the tools necessary to lead independent and productive lives
- Protect the natural environment through land conservation and raising public awareness of environmental threats and solutions
Primary funding areas include:
- Education
- Philanthropy, voluntarism, and grantmaking
- Human services
- Economically disadvantaged and low-income individuals
- Environmental conservation and natural resources
- Land resources
- International human rights
- Family services
- Child welfare
Grantmaking
How to Apply
** The foundation does not accept applications.
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Geographic Focus
Where this funder awards grants
The foundation funds primarily in New York, Connecticut, and the District of Columbia. It also supports projects in cities including New York, San Francisco, and Washington, as well as international work in Karachi.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | Amount |
|---|---|
| Total Assets | $12,767,081 |
| Total Giving (2024) | $1,047,300 |
| Total Revenues (2023) | $961,099 |
| Total Expenses (2023) | $1,496,386 |
| Number of Employees | 1 |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $12,767,081 | $12,756,716 | $13,292,003 |
| Revenue | $1,554,153 | $961,099 | $-1,509,231 |
| Expenses | $1,543,788 | $1,496,386 | $1,598,022 |
| Qualifying Distributions | $1,247,538 | $1,206,201 | $1,256,868 |
| Net Investment Income | $1,295,939 | $746,039 | — |
| Distributable Amount | $1,056,267 | $895,859 | $966,334 |
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
236 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Tracy Pennoyer — Trustee and President (serves without compensation)
- Sharon Myrie — Trustee and Vice-President (serves without compensation)
- Christina Pennoyer — Trustee and Director (compensated; received $134,723)
- Robert M. Pennoyer — Founder and board member (deceased August 13, 2023, age 98)
Robert M. Pennoyer brought decades of experience as a lawyer and board member for several other foundations, including the Rockefeller Foundation and the John Merck Fund. His values—empathy for the less advantaged, love of country and democracy, and women's rights—are instilled in the foundation and inform its ongoing work.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TRACY PENNOYER | TRUSTEE & PRESIDENT | 1 | — |
| SHARON MYRIE | TRUSTEE & VICE-PRESIDENT | 1 | — |
| DANA HISCOCK | TRUSTEE & TREASURER | 1 | — |
| CHRISTINA PENNOYER | TRUSTEE & DIRECTOR | 30 | $134,723 |
| MEGAN BELL | TRUSTEE & SECRETARY | 1 | — |
| JUSTIN ZAREMBY | TRUSTEE & ASSISTANT SECRETARY | 1 | — |
| EMILY AUCHINCLOSS | TRUSTEE | 1 | — |
| MOLLY GREATHEAD | TRUSTEE | 1 | — |
Contact Information
Address: 420 Lexington Avenue, Suite 331, New York, NY 10170
Phone: (212) 594-1447
Website: www.wcbullittfound.org
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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