Carol M Penn Family Foundation
- Assets
- $368.7k
- Revenue
- $145.0
- Investments
- $0.0
- Employees
- 0
- Location
- Belmont, CA
- Founding
- 02/2017
- Data as of
- 12/2023
- EIN
- 81-4275465
Organization Overview
Carol M Penn Family Foundation is located in Belmont, CA. The organization was established in 2017. 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. Carol M Penn Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2017, Carol M Penn Family Foundation has awarded 65 individual grants totaling $199,381. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carol M Penn President And Director | 0.5 | $0 | |
Laurence E Penn Vice President And Directo | 0.5 | $0 | |
Jonathan A Penn Secretary, Treasurer, & Vi | 0.5 | $0 | |
Valerie A Penn Vice President | 0.5 | $0 | |
Gregory E Penn Vice President | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $145 |
| 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 | $145 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $681 |
| Total operating and administrative expenses | $3,706 |
| Contributions, gifts, grants paid | $29,784 |
| Total expenses and disbursements | $33,490 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,787 |
| Savings and temporary cash investments | $341,959 |
| 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 | $4,932 |
| Other assets | $0 |
| Total assets | $368,678 |
| 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, Carol M Penn Family Foundation has awarded $29,784 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
THE SOLOMON GUGGENHEIM FOUNDATION PURPOSE: FOR GENERAL OPERATING SUPPORT | $1,584 |
AMERICAN FRIENDS OF MUSEUMS IN ISRAEL PURPOSE: FOR GENERAL OPERATING SUPPORT | $10,000 |
CENTRAL SYNAGOGUE PURPOSE: FOR GENERAL OPERATING SUPPORT | $2,200 |
TEMPLE EMANUEL OF GREAT NECK PURPOSE: FOR GENERAL OPERATING SUPPORT | $1,000 |
SAME SKY FOUNDATIONS AT TIDES PURPOSE: FOR GENERAL OPERATING SUPPORT | $1,000 |
HABITAT FOR HUMANITY INTERNATIONAL PURPOSE: FOR GENERAL OPERATING SUPPORT | $1,000 |