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EIN 92-1211076

Pennys Flight Foundation

IRS 501(c) type
501(c)(3)
Num. employees
1
City
Glen Cove
State
New York
Year formed
2022
Most recent tax filings
2023-12-01
NTEE code, primary
G20: Birth Defects and Genetic Diseases
Description
The Pennys Flight Foundation is committed to advancing scientific research and improving the lives of individuals affected by Neurofibromatosis (NF1). The nonprofit supports its charitable mission through grants and donations, as well as by selling merchandise and other personal property to bring attention to their cause.
Total revenues
$1,683,901
2023
Total expenses
$1,316,319
2023
Total assets
$1,462,194
2023
Num. employees
1
2023

Program areas at Pennys Flight Foundation

Penny's Flight Foundation was started in December 2022. The nonprofit intends to use grants and donations to support is charitable mission by supporting research for Neurofibromatosis. The nonprofit sells merchandise and other personal property to bring awareness and help generate revenue in support of it's mission.

Grants made by Pennys Flight Foundation

GranteeGrant descriptionAmount
Cold Spring Harbor LaboratoryScientific Research$545,567
The Hospital for Special Surgery FundPatient Support$35,000
Children's Tumor FoundationScientific Research$25,000
...and 2 more grants made

Who funds Pennys Flight Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Robert I. Schattner FoundationMedical Services$250,000
Tsunami FoundationGeneral Support$100,000
Theodore J Forstmann Charitable TrustGeneral Exempt Purpose$100,000
...and 22 more grants received totalling $804,552

Personnel at Pennys Flight Foundation

NameTitleCompensation
Carl DoergeDirector$0

Financials for Pennys Flight Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$1,651,262
Program services$0
Investment income and dividends$11,481
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$21,158
Miscellaneous revenues$0
Total revenues$1,683,901

Form 990s for Pennys Flight Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-15990View PDF
2022-122023-11-13990View PDF
Data update history
November 26, 2024
Received grants
Identified 6 new grant, including a grant for $20,000 from The Walrath Family Foundation
August 26, 2024
Received grants
Identified 8 new grant, including a grant for $100,000 from Theodore J Forstmann Charitable Trust
May 18, 2024
Received grants
Identified 1 new grant, including a grant for $10,000 from The Jean and Louis Dreyfus Foundation
January 24, 2024
Updated personnel
Identified 4 new personnel
January 23, 2024
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Grantmaking organizationsDisease research fundraisersDisease-focused nonprofitsCharities
Issues
HealthDiseases and disorders
Characteristics
Conducts researchTax deductible donationsAccepts online donations
General information
Address
65 Duck Pond Rd
Glen Cove, NY 11542
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
Nassau County, NY
Website URL
pennysflight.org/ 
IRS details
EIN
92-1211076
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2022
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
G20: Birth Defects and Genetic Diseases
NAICS code, primary
813212: Health and Disease Research Fundraising Organizations
Parent/child status
Independent
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