The Pennyghael Foundation Inc is located in Baltimore, MD. The organization was established in 1997. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations.
For the year ending 12/2018, Pennyghael Foundation Inc generated $262.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (36.5%) each year. All expenses for the organization totaled $220.0k during the year ending 12/2018. You can explore the organizations financials more deeply in the financial statements section below.
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,427 |
| Interest on Savings | $0 |
| Dividends & Interest | $87,569 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $171,641 |
| Capital Gain Net Income | $166,420 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $262,637 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $737 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,115 |
| Total operating and administrative expenses | $7,279 |
| Contributions, gifts, grants paid | $212,750 |
| Total expenses and disbursements | $220,029 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,724 |
| Savings and temporary cash investments | $213,037 |
| 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 | $149,799 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,199,625 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Over the last fiscal year, The Pennyghael Foundation Inc has awarded $212,750 in support to 71 organizations.
| Grant Recipient | Amount |
|---|---|
300 COMMITTEE LAND TRUST THE PURPOSE: SUPPORT EXEMPT PURPOSES | $700 |
AIKEN EQUINE RESCUE PURPOSE: SUPPORT EXEMPT PURPOSES | $1,000 |
AMERICAN HORTICULTURAL SOCIETY PURPOSE: SUPPORT EXEMPT PURPOSES | $1,000 |
AMERICAN REPERTORY THEATRE PURPOSE: SUPPORT EXEMPT PURPOSES | $1,000 |
BALTIMORE ANIMAL RESCUE & CARE SHELTER INC (BARC) PURPOSE: SUPPORT EXEMPT PURPOSES | $2,000 |
BALTIMORE MUSEUM OF ART THE PURPOSE: SUPPORT EXEMPT PURPOSES | $1,500 |