The Penny Foundation
Funding Overview
From IRS Form 990 filings · 2021–2025
Total received
$2.7M
Foundation funders
25
Grants recorded
42
Years covered
2021–2025
Who funds The Penny Foundation?
The Penny Foundation is funded by 25 grantmakers, led by The Ford Foundation ($1.2M), Reinvent Stockton Foundation ($510K), National Urban League Inc ($150K). In total, IRS Form 990 filings record $2.7M in grants to The Penny Foundation between 2021–2025.
Funding over time
Grant dollars and counts received per year
From 2021 to 2025, annual grant giving ranged from $36K (2025) to $1.2M (2021). In 2025 it made 4 grants totaling $36K.
What grants has The Penny Foundation received?
Individual grants from IRS Form 990 filings, newest first
| Year | Funder | Purpose | Amount |
|---|---|---|---|
| 2025 | Zyne Family Foundation Inc | SUPPORT NEEDS OF ORGANIZATION | $11,000 |
| 2025 | Cawaco Resource Conservation & Development Council Inc | COMMUNITY DEVELOPMENT | $10,000 |
| 2025 | National League of Cities Institute Inc | TO IMPROVE THE FINANCIAL STABILITY OF RESIDENTS WHO ARE AT RISK OF LOSING INCOME AND ASSETS, AND (RE)ENTERING THE JUDICIAL SYSTEM DUE TO UNPAID DEBT TO CITY GOVERNMENTS | $10,000 |
| 2025 | Goodwyn Mills & Cawood Charitable | COMMUNITY SPONSORSHIP | $5,000 |
| 2024 | National Urban League Inc | DIRECT GRANTS TO SMALL BUSINESSES | $150,000 |
| 2024 | New Venture Fund | ENVIRONMENTAL PROGRAMS | $140,000 |
| 2024 | NAACP Empowerment Programs Inc | BCVF GRANT TO STRENGTHEN CIVIC ENGAGEMENT AND VOTER PARTICIPATION IN BLACK COMMUNITIES | $106,325 |
| 2024 | BVM Capacity Building Institute Inc | GOTV/Voter Registration | $75,000 |
| 2024 | Tides Foundation | EQUITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT | $50,000 |
| 2024 | National League of Cities Institute Inc | IMPROVE FINANCIAL STABILITY OF RESIDENTS | $30,000 |
| 2024 | Alabama Power Foundation Inc | GENERAL/OPERATING | $10,000 |
| 2024 | Goodwyn Mills & Cawood Charitable | COMMUNITY SPONSORSHIP | $2,500 |
| 2024 | Better Place Foundation | COMMUNITY SUPPORT | $2,500 |
| 2023 | The Ford Foundation | CORE SUPPORT FOR THE GARDEN GRANT'S GLOBAL PILOT OF "GROW SOMETHING BEAUTIFUL" TO FACILITATE NEW OPPORTUNITIES FOR ARTISTS TO GALVANIZE THEIR COMMUNITIES AND AMPLIFY THE CONVERSATIONS IN EXPANDING THE UTILIZATION OF ART AS A TOOL OF CIVIC ENGAGEMENT | $200,000 |
| 2023 | The Ford Foundation | CORE SUPPORT FOR THE GARDEN GRANT'S GLOBAL PILOT OF "GROW SOMETHING BEAUTIFUL" TO FACILITATE NEW OPPORTUNITIES FOR ARTISTS TO GALVANIZE THEIR COMMUNITIES AND AMPLIFY THE CONVERSATIONS IN EXPANDING THE UTILIZATION OF ART AS A TOOL OF CIVIC ENGAGEMENT | $200,000 |
| 2023 | The Ford Foundation | CORE SUPPORT FOR THE GARDEN GRANT'S GLOBAL PILOT OF "GROW SOMETHING BEAUTIFUL" TO FACILITATE NEW OPPORTUNITIES FOR ARTISTS TO GALVANIZE THEIR COMMUNITIES AND AMPLIFY THE CONVERSATIONS IN EXPANDING THE UTILIZATION OF ART AS A TOOL OF CIVIC ENGAGEMENT | $200,000 |
| 2023 | Alabama Power Foundation Inc | GENERAL/OPERATING | $60,000 |
| 2023 | Moore Impact Inc | FOR GENERAL OPERATING SUPPORT | $50,000 |
| 2023 | NEO Philanthropy Inc | Program Grant | $25,000 |
| 2023 | The Daniel Foundation of Alabama | CHARITABLE | $15,000 |
| 2023 | Solidaire Network Inc | General Support for 501(c)(3) activities for Woke Vote | $15,000 |
| 2023 | Alabama Power Foundation Inc | GENERAL/OPERATING | $10,000 |
| 2023 | The Allstate Foundation | ALLSTATE FOUNDATIONS 2023 REQUEST FOR PROPOSALS INCLUSIVE ECONOMIC OPPORTUNITY | $5,000 |
| 2023 | Protective Life Foundation | 2023 AUGUST SPONSOR | $5,000 |
| 2023 | Goodwyn Mills & Cawood Charitable | COMMUNITY SPONSORSHIP | $2,500 |
| 2023 | Enterprise Holdings Foundation | Program Support | $2,500 |
| 2022 | Protective Life Foundation | NORTHSIDE GRANTS, OPERATING SUPPORT | $18,000 |
| 2022 | RSF Social Finance Inc | FOR THE SMITHFIELD COMMUNITY MARKET | $15,000 |
| 2022 | The Community Foundation of Greater Birmingham | THRIVING COMMUNITIES | $15,000 |
| 2022 | Reinvent Stockton Foundation | GUARANTEED INCOME PILOT FOR THAT CITY | $10,000 |
Showing 30 most recent of 42 recorded grants.
Frequently Asked Questions
Who funds The Penny Foundation?
The Penny Foundation is funded by 25 grantmakers, led by The Ford Foundation ($1.2M), Reinvent Stockton Foundation ($510K), National Urban League Inc ($150K). In total, IRS Form 990 filings record $2.7M in grants to The Penny Foundation between 2021–2025.
Who is The Penny Foundation's largest funder?
The Ford Foundation is the largest recorded funder of The Penny Foundation, with $1.2M across 6 grants (2021–2023).
How much grant funding has The Penny Foundation received?
IRS 990 filings record $2.7M in grants to The Penny Foundation across 42 grants from 25 funders between 2021–2025. Filings are published on a delay, so recent grants may not appear yet.
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Grant data is drawn from IRS Form 990 filings via Grantable's GrantGraph™. Filings are published on a delay; recent grants may not appear yet.
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