Penn Family Foundation Inc
Preselected recipients only
Penn Family Foundation Inc is a private foundation in Colts Neck, New Jersey. In tax year 2024 it gave $8,250 in 11 grants; the typical grant was $500 and the largest $1,250. 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$8,250
- Number of grants11
- Typical grant$500
- Largest grant$1,250
- Assets$121,895
- New grantees64%
Giving in 2024 was up from $3,500 the year before.
64% of its 2024 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 |
|---|---|---|---|
| 2023 | $3,500 | 5 | $87,161 |
| 2024 | $8,250 | 11 | $121,895 |
How to apply
Penn Family Foundation Inc 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 Penn Family Foundation Inc funds
Where it gives
Its grants went to recipients in 4 states, the most to New Jersey.
| State | Grants | Amount |
|---|---|---|
| New Jersey | 7 | $5,750 |
| Florida | 2 | $1,000 |
| Tennessee | 1 | $1,000 |
| New York | 1 | $500 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Foundation for Stephanie Nicole Parze | To support organization's charitable purpose | $1,250 |
| St Jude Children's Research Hospital | To support organization's charitable purpose | $1,000 |
| Society for the Prevention of Teen Suicide (SPTS) | To support organization's charitable purpose | $1,000 |
| Spina Bifida Resource Network | To support organization's charitable purpose | $1,000 |
| Hypertrophic Cardiomyopathy Association (Hcma) | To support organization's charitable purpose | $1,000 |
| Fulfill | To support organization's charitable purpose | $500 |
| The Heal Foundation | To support organization's charitable purpose | $500 |
| Tunnel to Towers Foundation | To support organization's charitable purpose | $500 |
| Monmouth County SPCA | To support organization's charitable purpose | $500 |
| Ronald McDonald House | To support organization's charitable purpose | $500 |
| Shriners | To support organization's charitable purpose | $500 |
Officers and trustees
- James B Penn
- Gina Penn
- Joshua Penn
Questions people ask
Does Penn Family Foundation Inc accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Penn Family Foundation Inc give?
$8,250 in tax year 2024, across 11 grants, with a typical grant of $500.
Who runs Penn Family Foundation Inc?
Its 2024 filing lists James B Penn (Manager), Gina Penn (Manager) and Joshua Penn (Manager).
What does Penn Family Foundation Inc fund?
Based on its grants, mainly health and youth programs.