Penland Foundation FY2021 filing

Tax-deductible

Beaumont, TX501(c)(3)Foundations & GrantmakersEIN 20-5692339

501(c)(3) charity; gifts are tax-deductible.
Status: IRS Pub. 78

Before you give

FY2021 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990-PF
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $1.2M a year · 61% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
990-PF Pt I · 6 filings
Cash reserves
34 mo
of spending, in cash
Looks good: 34.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $10K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.9M
+295% vs prior year
Spent
$699K
Net assets
$6.4M
By yearFY2020–FY2025
Revenue
$1.9M
FY2021▲ +295%
Revenue by fiscal year
FY2020$488K
FY2021$1.9M
FY2022$2.2M
FY2023$2.0M
FY2024$1.5M
FY2025$3.7M
Expenses
$699K
FY2021▲ +14%
Expenses by fiscal year
FY2020$614K
FY2021$699K
FY2022$910K
FY2023$791K
FY2024$705K
FY2025$909K
Net assets
$6.4M
FY2021▲ +24%
Net assets by fiscal year
FY2020$5.2M
FY2021$6.4M
FY2022$7.7M
FY2023$9.1M
FY2024$9.9M
FY2025$12.7M

From the FY2021 Form 990 (year ending September 2021) · figures checked against the IRS filing · see the original

You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 2007.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 98% · $688K Operating & administrative 2% · $11K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

The filing lists no officers, directors or key staff.

Part VII, Section A · reportable compensation
See Penland Foundation executive salaries →

Programs and updates

A private foundation based in Beaumont, TX.

Provided by the organization

This section is blank until Penland Foundation claims this page.

Know this organization? Claim it to add your story

Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 83 grants · $892K · 2024–2024
Gift of LifeFY2024$112,000
C 3 FoundationFY2024$110,000
MD Anderson Cancer CenterFY2024$95,000
Girls' Haven INCTX · FY2024$65,000
Texas Children's HospitalFY2024$55,300
YmblFY2024$31,600
Public KnowledgeDC · FY2024$25,000
Moms for America INCMO · FY2024$25,000
Kountze Police DepartmentFY2024$25,000
Chambers County Youth Livestock ShoFY2024$18,073
Lamar UniversityFY2024$15,000
Alzheimer's AssociationFY2024$15,000
JnpFY2024$12,000
In Touch Ministries INCGA · FY2024$12,000
Christus Health Foundation SetxFY2024$12,000
St Catherine Siena SchoolFY2024$10,000
See all 83 grants →

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV19
Average grantPart XV$11K
Median grantPart XV$3K
Largest grantPart XV$112K
Top cause focusNTEEHuman Services (5%)

By the numbers

The FY2021 990-PF, line by line.

1The main four
Money in
$1.9M
Gifts and grants$1.8M
Investment income$155K
Other income$12K
Money out
$699K
Grants paid$688K
Running costs$11K
Owns and owes
$6.4M
net assets
Cash and savings$2.0M
Total assets$6.4M
Liabilities$0
2In more detail
Revenue in detail
Gifts and grants$1.8M
Investment income$155K
Other income$12K
Total revenue$1.9M
Assets in detailEnd of year
Cash and savings together$2.0M
Total assets$6.4M
Liabilities$0
Net assets$6.4M
Operations
Fiscal year endsSeptember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $3.7M$909K$2.8M$12.7M 990 PDF
FY2024 $1.5M$705K$833K$9.9M 990 PDF
FY2023 $2.0M$791K$1.2M$9.1M 990 PDF
FY2022 $2.2M$910K$1.3M$7.7M 990 PDF
FY2021 Viewing $1.9M$699K$1.2M$6.4M 990 PDF
FY2020 $488K$614K−$127K$5.2M 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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