Panonica Foundation
- Assets
- $2.5m
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- Data as of
- 12/2022
- EIN
- 84-4266823
Organization Overview
Panonica Foundation is located in New York, NY. According to its NTEE Classification (R63) the organization is classified as: Censorship, Freedom of Speech & Press, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Panonica Foundation is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
Since 2020, Panonica Foundation has awarded 62 individual grants totaling $2,711,350. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE A MORE INFORMED PUBLIC BY SUPPORTING RESPONSIBLE JOURNALISM AND CIVIL RIGHTS LIBERTIES AND SOCIAL AND ECONOMIC JUSTICE FOR ALL IN THE U.S.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTION OF INFORMED CITIZENRY & RESPONSIBLE JOURNALISM
PROMOTION AND PROTECTION OF CIVIL RIGHTS AND LIBERTIES SOCIAL AND ECONOMIC JUSTICE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bruce Allen President | OfficerTrustee | 1 | $0 |
Yoko Allen Vice President Treasurer | OfficerTrustee | 1 | $0 |
Guy Molinari Secretary | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $0 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,942,700 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,942,820 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,542,505 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,542,505 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $2,542,505 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,542,505 |
Grants Awarded
Over the last fiscal year, Panonica Foundation has awarded $1,870,000 in support to 30 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN CIVIL LIBERTIES UNION FOUNDATION PURPOSE: to promote civil liberties | $100,000 |
AMERICANS UNITED FOR THE SEPARATION OF CHURCH & STATE PURPOSE: promote religious liberty | $10,000 |
ARCHIE EDWARDS BLUES HERITAGE FOUNDATION INC PURPOSE: support American musicians and musical traditions | $10,000 |
CENTER FOR INVESTIGATIVE REPORTING PURPOSE: support independent investigative journalism | $200,000 |
CENTER FOR RESPONSIVE POLITICS PURPOSE: suppport research on political donations | $15,000 |
CONSUMERS UNION PURPOSE: support consumer safety | $200,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Access Now New York, NY | $9,221,974 | $14,978,327 |
Panonica Foundation New York, NY | $2,542,505 | $0 |
National Coalition Against Censorship Inc New York, NY | $1,868,185 | $2,156,338 |
Everything Policy Inc Whitehouse Station, NJ | $82,800 | $384,838 |
New York State Newspapers Foundation Albany, NY | $735,691 | $109,154 |
Media Coalition Foundation Inc New York, NY | $42,784 | $220,475 |
The Deborah Project Inc Penn Valley, PA | $521,494 | $625,779 |
Dynaweb Foundation Middletown, NY | $531,166 | $4,510 |
Mit Free Speech Alliance Cambridge, MA | $309,161 | $343,048 |
Hidden Choices Inc Greens Farms, CT | $56,912 | $0 |
Spiked US Inc Hoboken, NJ | $0 | $0 |
Mlrc Institute New York, NY | $165,535 | $0 |