Timothy M Pennington IV
Timothy M Pennington IV is a private foundation, based in Los Angeles, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $367K in total assets. In 2024, it awarded 1 grant totaling $70K. Net investment income was $15K.
Timothy M Pennington IV at a glance
In short: Timothy M Pennington IV gave $70K across 1 grant in 2024 (avg $70K), mostly in California. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $70,000
- +141.4% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $70,000
- +141.4% vs 2023
- Median grant
- $70,000
- Total assets
- $367,249
- -12.0% vs 2023
- Primary geography
- California (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Timothy M Pennington IV funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Boy Scouts of America ($70K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was under $50K: 4 grants of 5 (80%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How Timothy M Pennington IV gives
- Giving grew 536% from 2021 to 2024. Method
- In 2024 it paid out 234% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $11K (2021) to $70K (2024). In 2024 it made 1 grant totaling $70K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Boy Scouts of America Arroyo Grande, CA | To Further Tax Exempt Purpose of the Organization | $70,000 |
Ready to take the next step with Timothy M Pennington IV?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $367,249 | $21,912 | $72,085 | $70,000 | 1 | $70,000 | $14,837 | $29,906 |
| 2023 | $417,422 | $21,014 | $30,317 | $29,000 | 1 | $29,000 | $14,697 | $27,962 |
| 2022 | $426,725 | $4,118 | $28,483 | $27,000 | 1 | $27,000 | $10,520 | $29,097 |
| 2021 | $462,090 | $18,384 | $16,807 | $11,000 | 1 | $13,172 | $9,721 | $29,655 |
| 2020 | $449,513 | $18,532 | $30,864 | $25,000 | 1 | — | $9,887 | $27,031 |
Under IRS private-foundation payout rules, Timothy M Pennington IV reported a distributable amount of $30K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Timothy M Pennington IV is led by Melissa J. Pennington, President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Melissa J. Pennington
President
On filings since 2020
0.5 hrs/week
No compensation reported
Timothy M. Pennington III
Chairman
On filings since 2020
0.5 hrs/week
No compensation reported
Angela S. Pennington
Vice President & Secretary
On filings since 2020
0.3 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Timothy M Pennington IV
How much does Timothy M Pennington IV give each year?
Timothy M Pennington IV gave $70K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $29K across 1 grant.
How large is Timothy M Pennington IV?
Timothy M Pennington IV reported $367K in total assets on its 2024 IRS Form 990-PF. It paid out $70K in qualifying distributions that year, against a required minimum of $30K (roughly 5% of its investment assets).
Where does Timothy M Pennington IV operate?
Timothy M Pennington IV has awarded grants in California.
What is Timothy M Pennington IV's EIN?
Timothy M Pennington IV's EIN (Employer Identification Number) is 95-4462051. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Timothy M Pennington IV funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Timothy M Pennington IV's focus areas in our free grants database
Similar Funders
Funders with grantees in common
Living Waters Charitable Foundation
Wilmington, DE
Assets
$2.6M
Grants
1
Total Given
$10K
Woodward Governor Charitable Trust
Chicago, IL
Woodward Governor Charitable Trust reports grantmaking in Illinois, with 2024 awards totaling $3.7 million across 98 grants and 2023 awards totaling $1.45 million across 96 grants; its 2025 filing lists one $2.785 million grant. The profile does not specify funding areas or a typical grant size, and says the trust does not limit giving to preselected organizations; it does not clearly state whether it accepts unsolicited requests.
Assets
$4.3M
Grants
1
Total Given
$2.8M
Enterprise Holdings Foundation
Saint Louis, MO
The Enterprise Holdings Foundation supports charitable and educational nonprofits in communities where Enterprise Mobility operates, focusing on health, education, arts, and disaster relief; applicants must be actively supported by an Enterprise Mobility team member, spouse, or domestic partner. Giving varies widely: it reported 9,499 grants in 2024, but its 2025 filing showed one grant of $101.4 million, so that amount is not a typical award. Applications are accepted at any time through eligible Enterprise-affiliated applicants; the Foundation does not limit giving to preselected organizations.
Assets
$594.3M
Grants
1
Total Given
$101.4M
Anan Family Foundation
San Jose, CA
Assets
$550K
Grants
1
Total Given
$5K
Credit Suisse Americas Foundation
New York, NY
Before dissolving on October 16, 2024, Credit Suisse Americas Foundation made general operating grants, with its 2024 awards ranging from $6,954 to $811,880. Nearly all 2024 grant dollars went to organizations in Pennsylvania, with 1% going to Illinois; it accepted written proposals with an IRS determination letter, with deadlines of February 15 and August 15.
Assets
—
Grants
2
Total Given
$819K
Pennington Family Foundation
Los Angeles, CA
Assets
$2.4M
Grants
2
Total Given
$1.0M
More similar funders
More Funders in California
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Timothy M Pennington IV's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Timothy M Pennington IV down — hundreds of funders to go?