From public IRS filings
Penny Foundation
BIRMINGHAM, AL · Philanthropy & Voluntarism
Built from IRS filings (latest Form 990: tax year 2024). Penny Foundation has not reviewed or approved this page. Kindora is not affiliated with it.
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Mission
CONNECTING PEOPLE, ORGANIZATIONS, AND RESOURCES IN THE AREA OF EDUCATION, COMMUNITY DEVELOPMENT, AND ECONOMIC DEVELOPMENT.
Financials (IRS Form 990)
Total revenue
$8.6M
Total expenses
$8.5M
Total assets
$829K
Program expense ratio
100%
Source: IRS Form 990, tax year 2024.
Who funds Penny Foundation
$1.1M in foundation grants on record from 25 funders — matched from IRS 990 grant line items. Some matches may be approximate.
| Funder | Total given | Grants |
|---|---|---|
| Ford Foundation | $200K | 1 |
| National Urban League | $150K | 1 |
| New Venture Fund | $140K | 1 |
| Naacp Empowerment Programs | $106K | 1 |
| Alabama Power Foundation | $85K | 4 |
| Bvm Capacity Building Institute | $75K | 1 |
| Moore Impact | $50K | 1 |
| Tides Foundation | $50K | 1 |
| National League of Cities Institute | $40K | 2 |
| Neo Philanthropy | $25K | 1 |
Leadership
LYORD WATSON — FOUNDER CEO (Principal officer)
Names of officers and trustees come from the organization's public filings and leave this page when a later filing drops them. If you are named here and object, write to privacy@kindora.co.