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Filing year 2024

THE PENNY FOUNDATION

Birmingham, Alabama·EIN 82-3036091·NTEE T30 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$8.6M
Total assets
$829k
Total expenses
$8.5M
Reported officers
18
Mission

CONNECTING PEOPLE, ORGANIZATIONS, AND RESOURCES IN THE AREA OF EDUCATION, COMMUNITY DEVELOPMENT, AND ECONOMIC DEVELOPMENT.

Reported officers (all unpaid)

No paid executives reported in 2024. THE PENNY FOUNDATION reported 18 unpaid officers and board members on its 990.

Board Chair
Board Member
Board Member
Board Member
Board Member
Board Member
Board Member
Board Member
Treasurer
Board Member
Board Member
Board Member
Secretary
Board Member
Board Member
Board Member
CEO
CFO

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Financial trend

Revenue and expenses over time

THE PENNY FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$2.7M
$2.5M
2023
$8.6M
$8.5M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Alabama

THE PENNY FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Alabama earns a median of $10,858.

25th percentile
$5k
Median
$10,858
75th percentile
$33k
90th percentile
$98k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 513 organizations across 513 filings (2022 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Alabama
FAQ

Common questions about THE PENNY FOUNDATION

What are THE PENNY FOUNDATION's revenue and expenses?

In 2024, THE PENNY FOUNDATION reported $8.6M in total revenue and $8.5M in total expenses on its IRS Form 990.

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