Timothy M Pennington IV Memorial Foundation
Preselected recipients only
Timothy M Pennington IV Memorial Foundation is a private foundation in Los Angeles, California. In tax year 2024 it gave $70,000 in 1 grant; the typical grant was $70,000 and the largest $70,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$70,000
- Number of grants1
- Typical grant$70,000
- Largest grant$70,000
- Assets$621,856
- New grantees0%
Giving in 2024 was up from $29,000 the year before.
0% of its 2024 grantees had not received a grant from it the year before, so most of its money goes to organizations it already funds.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $29,000 | 1 | $600,957 |
| 2024 | $70,000 | 1 | $621,856 |
How to apply
Timothy M Pennington IV Memorial 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 Timothy M Pennington IV Memorial Foundation funds
Where it gives
All of its grants went to recipients in California.
| State | Grants | Amount |
|---|---|---|
| California | 1 | $70,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Boy Scouts of America | To further tax exempt purpose of the organization | $70,000 |
Officers and trustees
- Timothy M Pennington III
- Melissa J Pennington
- Angela S Pennington
Questions people ask
Does Timothy M Pennington IV Memorial Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Timothy M Pennington IV Memorial Foundation give?
$70,000 in tax year 2024, across 1 grant, with a typical grant of $70,000.
Who runs Timothy M Pennington IV Memorial Foundation?
Its 2024 filing lists Timothy M Pennington III (Chairman), Melissa J Pennington (President) and Angela S Pennington (Vice Pres. & Secretary).
What does Timothy M Pennington IV Memorial Foundation fund?
Based on its grants, mainly youth programs.