Arnold S Penner Foundation Inc
- Assets
- $2.3m
- Revenue
- $629.3k
- Investments
- $1.8m
- Employees
- 0
- Location
- New York, NY
- Founding
- 05/1998
- Data as of
- 02/2023
- EIN
- 13-3935352
Organization Overview
Arnold S Penner Foundation Inc is located in New York, NY. The organization was established in 1998. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arnold S Penner Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 02/2023, Arnold S Penner Foundation Inc generated $629.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (17.1%) each year. All expenses for the organization totaled $926.9k during the year ending 02/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Arnold S Penner Foundation Inc has awarded 466 individual grants totaling $7,269,771. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amy Berley Director | 0.1 | $0 | |
Nancy Berley Director | 0.1 | $0 | |
Jennifer Berley Director | 0.1 | $0 | |
Mark Berley Director | 0.1 | $0 | |
Arnold S Penner Dec 07252023 President & CEO | 0.1 | $0 | |
Madaleine Berley Treasurer | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $438,750 |
| Interest on Savings | $0 |
| Dividends & Interest | $138,068 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $15,569 |
| Capital Gain Net Income | $15,569 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $36,918 |
| Total Revenue | $629,305 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,576 |
| Total operating and administrative expenses | $46,660 |
| Contributions, gifts, grants paid | $880,266 |
| Total expenses and disbursements | $926,926 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $487,810 |
| Savings and temporary cash investments | $13,791 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $5,660 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,297,611 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $567,216 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $567,216 |
Grants Awarded
Over the last fiscal year, Arnold S Penner Foundation Inc has awarded $880,266 in support to 61 organizations.
| Grant Recipient | Amount |
|---|---|
TZIVOS HASHEM PURPOSE: EDUCATIONAL | $61,000 |
CONGREGATION TIFERETH TORAH PURPOSE: CHARITABLE | $50,000 |
ENCOURAGE KIDS FOUNDATION PURPOSE: EDUCATIONAL | $55,000 |
UNITED LUBAVITCHER PURPOSE: CHARITABLE | $85,000 |
YESHIVA UNIVERSITY PURPOSE: EDUCATIONAL | $25,000 |
ISRAEL GUIDE DOG CENTER FOR THE BLIND PURPOSE: CHARITABLE | $32,000 |