Pennebaker Foundation Inc
- Assets
- $405.8k
- Revenue
- $7.5k
- Investments
- $0.0
- Employees
- 0
- Location
- New London, IA
- Founding
- 07/1986
- Data as of
- 12/2022
- EIN
- 42-1274235
Organization Overview
Pennebaker Foundation Inc is located in New London, IA. The organization was established in 1986. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pennebaker Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Pennebaker Foundation Inc generated $7.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $23.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Pennebaker Foundation Inc has awarded 95 individual grants totaling $157,130. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NEW LONDON COMMUNITY SCHOOLS WERE AWARDED 3580 IN GRANTS FOR READING MATERIALS STEM ACTIVITIES AND SUPPLIES FOR STUDENTS
NEW LONDON JUNIOR BASEBALL ASSOCIATION WAS AWARDED 3500 TO SUPPORT CONSTRUCTION OF NEW CONCESSION STAND
NEW LONDON COMMUNITY CHILD CARE CENTER WAS AWARDED 2000 TO UPDATE FIXTURES AND FURNISHINGS AT THE CENTER
NEW LONDON TIGER TRAP SHOOTING WAS AWARDED 2000 TO SUPPORT THE START UP OF THE ORGANIZATION
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephanie Nelson Secretary And Treasurer | 1 | $0 | |
Larry Van Syoc President | 1 | $0 | |
Ana Lair Director | 1 | $0 | |
Matt Fitzpatrick Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $7,469 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $7,469 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $103 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $13 |
| Total operating and administrative expenses | $1,071 |
| Contributions, gifts, grants paid | $22,030 |
| Total expenses and disbursements | $23,101 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $71,695 |
| Savings and temporary cash investments | $334,103 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $405,798 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Pennebaker Foundation Inc has awarded $10,950 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
HENRY COUNTY HELP TO OTHERS H20 PURPOSE: DEVASTATION RESOURCES | $1,000 |
NEW LONDON FIRE RESCUE PURPOSE: UPGRADE 4 VACUUM SPLINTS | $1,044 |
MT UNION TTT PURPOSE: SUMMER CAMP FOR GIRLS IN HENRY COUNTY | $1,500 |
DOVER HISTORICAL SOCIETY PURPOSE: HVAC UPKEEP | $1,100 |
HENRY COUNTY HERITAGE TRUST PURPOSE: 20 ARCHIVAL STORAGE BOXES | $536 |
YOUNG HOUSE FAMILY SERVICES PURPOSE: FAMILY FUN DAYS FOR YOUTH AND FAMILIES | $1,000 |