William Lion Penzner Foundation
William Lion Penzner Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SANTA BARBARA, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $9.4M in total assets. In 2024, it awarded 8 grants totaling $232K. Net investment income was $642K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$9.4M
+0.7% YoY
Annual Giving
$232K
-5.2% YoY
Grant Count
8
+0.0% YoY
Avg Grant Size
$29K
-5.2% YoY
Under IRS private-foundation payout rules, William Lion Penzner Foundation reported a distributable amount of $430K for 2024 — the minimum it must pay out in qualifying distributions.
About William Lion Penzner Foundation
Based on IRS filings
William Lion Penzner Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SANTA BARBARA, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $9.4M in total assets. In 2024, it awarded 8 grants totaling $232K. Net investment income was $642K.
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 | $9,361,658 | $9,298,341 | $9,387,495 |
| Revenue | $642,226 | $465,000 | $638,539 |
| Expenses | $580,209 | $553,350 | $603,271 |
| Qualifying Distributions | $445,703 | $435,888 | $490,048 |
| Net Investment Income | $642,226 | $465,000 | $638,539 |
| Distributable Amount | $429,849 | $427,172 | $446,393 |
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
27 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Mary and Keith Hudson Ministries (arise) ($57,726), University of Ca - San Francisco Foundation ($50,000), Alzheimers Association ($40,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALZHEIMERS ASSOCIATION SANTA BARBARA, CA | MENTAL HEALTHASSISTING THE POOR AROUND THE WORLD | $40,000 |
| FIREWORK FOUNDATION ENCINO, CA | MENTAL HEALTH | $10,000 |
| MARY AND KEITH HUDSON MINISTRIES (ARISE) SANTA BARBARA, CA | WOMEN'S MENTAL HEALTH AND WELL-BEING | $57,726 |
| RONA BARRETT FOUNDATION SOLVANG, CA | ASSISTING SENIORS IN NEED | $25,000 |
| TURNER FOUNDATION SANTA BARBARA, CA | PROVIDING HOUSING IN COMMUNITY | $1,300 |
| UNIVERSITY OF CA - IRVINE IRVINE, CA | PSYCHIATRIC RESEARCH | $35,000 |
| UNIVERSITY OF CA - SAN FRANCISCO FOUNDATION SAN FRANCISCO, CA | DEMENTIA RESEARCH | $50,000 |
| AMERICAN HEART ASSOCIATION LOS ANGELES, CA | HEART HEALTH | $13,200 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOHNATHIN A IVERSON | TREASURER | 40 | $96,000 |
| CORDELL K IVERSON | BOARD CHAIRMAN | 20 | $50,656 |
| DYANNE C IVERSON | PRESIDENT | 40 | $96,000 |
| CORDELL IVERSON JR | SECRETARY | 20 | $50,656 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is William Lion Penzner Foundation?
William Lion Penzner Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SANTA BARBARA, CA. It holds $9.4M in total assets as of 2024.
How large is William Lion Penzner Foundation?
As of 2024, William Lion Penzner Foundation holds $9.4M in total assets with $642K in annual revenue. It awarded 8 grants totaling $232K in 2024.
Where does William Lion Penzner Foundation operate?
William Lion Penzner Foundation has awarded grants in California.
What size grants does William Lion Penzner Foundation award?
In 2024, William Lion Penzner Foundation awarded 8 grants totaling $232K — an average of about $29K per grant, based on its IRS Form 990 filings.
How much is William Lion Penzner Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, William Lion Penzner Foundation reported a distributable amount of $430K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is William Lion Penzner Foundation's EIN?
William Lion Penzner Foundation's EIN (Employer Identification Number) is 33-0840613. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in William Lion Penzner 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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