Found Penny Foundation
Preselected recipients only
Found Penny Foundation is a private foundation in Canyon Country, California. In tax year 2023 it gave $36,958 in 1 grant; the typical grant was $36,958 and the largest $36,958. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2023.
- Grants paid, 2023$36,958
- Number of grants1
- Typical grant$36,958
- Largest grant$36,958
- Assets$0
- New grantees100%
Giving in 2023 was down from $1.4 million the year before.
100% of its 2023 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2022 | $1.4 million | 3 | $35,941 |
| 2023 | $36,958 | 1 | $0 |
How to apply
Found Penny Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What Found Penny Foundation funds
Where it gives
All of its grants went to recipients in California.
| State | Grants | Amount |
|---|---|---|
| California | 1 | $36,958 |
Grants paid in 2023
| Recipient | Purpose | Amount |
|---|---|---|
| Placerita Nature Center Association | Undesignated | $36,958 |
Officers and trustees
- Louis A Garasi
Questions people ask
Does Found Penny Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Found Penny Foundation give?
$36,958 in tax year 2023, across 1 grant, with a typical grant of $36,958.
Who runs Found Penny Foundation?
Its 2023 filing lists Louis A Garasi (Trustee).
What does Found Penny Foundation fund?
Based on its grants, mainly environment and conservation.