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EIN 20-5692339

Penland Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Beaumont
State
Texas
Year formed
2007
Most recent tax filings
2023-09-01
NTEE code, primary
T20: Private Foundations
Description
The Penland Foundation is a corporate foundation based in Beaumont, TX, that primarily funds various initiatives such as sponsorships, scholarships, and patient experience programs. Last year, it made 73 grants to support organizations like Christus Health Foundation Setx and others.
Total revenues
$1,992,139
2023
Total expenses
$791,142
2023
Total assets
$9,088,695
2023
Num. employees
0
2023

Grants made by Penland Foundation

GranteeGrant descriptionAmount
Julie Rogers Gift of Life ProgramDonation$111,500
MD Anderson Cancer CenterHeart of MD Anderson$45,000
Church in the CountryDonation$25,000
...and 22 more grants made totalling $269,400

Personnel at Penland Foundation

NameTitleCompensation
Joe PenlandChairman$0

Financials for Penland Foundation

RevenuesFYE 09/2023
Total grants, contributions, etc.$1,744,213
Investment income and dividends$237,341
Net rental income$0
Net gain from sale of non-inventory assets$0
Gross sales of inventory$0
Miscellaneous revenues$10,585
Total revenues$1,992,139

Form 990s for Penland Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-092024-01-05990PFView PDF
2022-092023-02-06990PFView PDF
2021-092022-02-11990PFView PDF
2020-092021-06-17990PFView PDF
2019-092020-02-18990PFView PDF
...and 9 more Form 990s
Data update history
November 25, 2023
Posted financials
Added Form 990PF for fiscal year 2021
June 19, 2023
Posted financials
Added Form 990PF for fiscal year 2022
October 13, 2021
Posted financials
Added Form 990PF for fiscal year 2020
September 29, 2021
Updated personnel
Identified 1 new personnel
September 23, 2021
Received grants
Identified 1 new grant, including a grant for $10,000 from Wilton and Effie Hebert Foundation
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
Education
Characteristics
Provides grantsPartially liquidatedTax deductible donationsNo full-time employees
General information
Address
6550 Tram Rd
Beaumont, TX 77713
Metro area
Beaumont-Port Arthur, TX
County
Jefferson County, TX
Phone
(409) 722-4594
IRS details
EIN
20-5692339
Fiscal year end
September
Taxreturn type
Form 990-PF
Year formed
2007
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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