1. Directory
  2. Delaware
  3. Wilmington
  4. The Penny Project Foundation
EIN 88-1593190

The Penny Project Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Wilmington
State
Delaware
Year formed
2022
Most recent tax filings
2023-12-01
NTEE code, primary
T20: Private Foundations
Description
The Penny Project Foundation is a private foundation located in Wilmington, DE that primarily funds general and unrestricted grants for various purposes including purchasing supplies to create teacher appreciation kits and supporting charitable events. They made 14 grants last year to grantees such as Book Fairies Inc.
Total revenues
$530,373
2023
Total expenses
$1,154,611
2023
Total assets
$559,926
2023
Num. employees
0
2023

Grants made by The Penny Project Foundation

GranteeGrant descriptionAmount
Governor's Early Literacy FoundationGeneral & Unrestricted$45,000
Book FairiesGeneral & Unrestricted$40,000
Little Free LibraryGeneral & Unrestricted (In-Kind Grants - See General Explanation)$36,953
...and 84 more grants made totalling $671,147

Personnel at The Penny Project Foundation

NameTitleCompensation
James TriandiflouDirector , President$0

Financials for The Penny Project Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$449,776
Investment income and dividends$8,853
Net rental income$0
Net gain from sale of non-inventory assets$70,744
Gross sales of inventory$0
Miscellaneous revenues$1,000
Total revenues$530,373

Form 990s for The Penny Project Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-15990PFView PDF
2022-122023-11-15990PFView PDF
Data update history
January 23, 2024
Updated personnel
Identified 6 new personnel
January 22, 2024
Posted financials
Added Form 990PF for fiscal year 2022
January 2, 2024
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Grantmaking organizationsPrivate foundationsFamily foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsState / local levelTax deductible donationsNo full-time employees
General information
Address
Foundation Source 501 Silverside Rd
Wilmington, DE 19809
Metro area
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
County
New Castle County, DE
Phone
(800) 839-1754
IRS details
EIN
88-1593190
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2022
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
Free account sign-up

Want updates when The Penny Project Foundation has new information, or want to find more organizations like The Penny Project Foundation?

Create free Cause IQ account
Cause IQ is a website that helps companies grow, maintain, and serve their nonprofit clients, and helps nonprofits find additional foundation funding. Our data and tools help professionals prospect for nonprofits, research opportunities, benchmark their clients, and enrich existing information.
Nonprofits
Product
Customers
About

© 2025 Nonprofit Metrics LLC
Terms of Service and Privacy Policy