The Carol And Rebecca Pennell Foundation | Foundation Profile

GrantBay analyzes IRS Form 990-PF data to help grant seekers find fit funders like The Carol And Rebecca Pennell Foundation. Data shown is extracted from Form 990-PF filings.

EIN: 27-6254977

Foundation Overview

Based in Denison, TX, The Carol And Rebecca Pennell Foundation has awarded 51 grants totaling $1,195,022 to organizations in Texas, Colorado and 4 other states, plus international recipients. Individual grants range from $200 to $166,990, with a median award of $12,000.

Latest Tax Year
2023
Total Giving (all years)
$1,195,022
Total Assets
$23,049
Median Grant (all grants)
$12,000

Latest Form 990-PF Snapshot

Total Grants
6
Median Grant
$30,250
% Median Grant Growth
+21% (vs previous year)
Data extracted from IRS Form 990-PF filings. Last filing year: February 2026

Foundation Intelligence

Advanced analytics and strategic insights to help nonprofit organizations assess grant opportunities and optimize their application strategies

New Applicant Friendliness
Closed Network: N/A

0 of 6 recipients (0%) were new grantees. Foundation maintains tight relationships with established partners. New applicants rarely succeed without insider connections.

Geographic Focus
Texas

41% of grants are awarded in Texas, with additional funding distributed across 6 other locations. The foundation balances regional focus with broader geographic diversity. Within Texas, funding concentrates in Denison (81%), Mckinney (10%), Sherman (5%).

Funding Trajectory
+177%

Strong 177% growth in annual giving over 7 years indicates expanding philanthropic capacity and increasing opportunities for grant seekers. This upward trajectory suggests growing foundation resources and commitment.

Program Areas
Community Projects + 2 others

Diversified giving across multiple program areas with primary emphasis on community projects (53%). This broad approach suggests openness to various causes and innovative cross-sector solutions.

Where is The Money Going?

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Grants & Funding

Analyzing past grantees provides valuable insights into The Carol And Rebecca Pennell Foundation's funding preferences, organizational priorities, and grant making patterns. This historical data helps potential applicants understand the foundation's strategic focus and identify successful funding approaches.

Name Amount Location Purpose Year
Mexico Ministries Inc $26,000 Denison, TX, US Church Building For Communities In Need 2023
Mexico Outreach $48,200 Colorado Springs, CO, US Mission Trips 2023
Denison Soup Kitchen $10,400 Denison, TX, US Assistance For The Hungry 2023
Bbfi - World Mission Service Center $50,000 Kansas City, MO, US Missionaries 2023
Fundamental Baptist Missions Intern $5,000 Hammond, IN, US Missions 2023
Casa Hogar Alegre $34,500 Tuxtla Gutierrez, Chiapas, MX Assistance For Children In Need 2023
Mexico Ministries Inc $17,000 Denison, TX, US Church Building For Communities In Need 2022
Mexico Outreach $43,050 Colorado Springs, CO, US Mission Trips 2022
Denison Soup Kitchen $3,800 Denison, TX, US Assistance For The Hungry 2022
Bbfi - World Mission Service Center $25,000 Kansas City, MO, US Missionaries 2022
Casa Hogar Alegre $25,000 Tuxtla Gutierrez, Chiapas, MX Assistance For Children In Need 2022
Mexico Ministries Inc $17,000 Denison, TX, US Church Building For Communities In Need 2022
Mexico Outreach $43,050 Colorado Springs, CO, US Mission Trips 2022
Denison Soup Kitchen $3,800 Denison, TX, US Assistance For The Hungry 2022
Bbfi - World Mission Service Center $25,000 Kansas City, MO, US Missionaries 2022
Casa Hogar Alegre $25,000 Tuxtla Gutierrez, Chiapas, MX Assistance For Children In Need 2022
Mexico Ministries Inc $12,000 Denison, TX, US Church Building For Communities In Need 2021
Mexico Outreach $4,200 Colorado Springs, CO, US Mission Trips 2021
Denison Soup Kitchen $3,200 Denison, TX, US Assistance For The Hungry 2021
Lighthouse Children's Home $6,000 Kosciusko, MS, US Assistance For Children In Need 2021
Bbfi - World Mission Service Center $68,200 Kansas City, MO, US Missionaries 2021
Casa Hogar Alegre $60,000 Tuxtla Gutierrez, Chiapas, MX Assistance For Children In Need 2021
Mexico Outreach $3,500 Colorado Springs, CO, US Mission Trips 2020
Denison Soup Kitchen $4,100 Denison, TX, US Assistance For The Hungry 2020
Lighthouse Children's Home $166,990 Kosciusko, MS, US Assistance For Children In Need 2020
Heartland Bible College $6,600 Oklahoma City, OK, US Scholarship 2020
Bbfi - World Mission Service Center $5,000 Kansas City, MO, US Missionaries 2020
Casa Hogar Alegre $15,000 Tuxtla Gutierrez, Chiapas, MX Assistance For Children In Need 2020
Mexico Ministries Inc $12,000 Denison, TX, US Church Building For Communities In Need 2018
Southside Baptist Church $200 Denison, TX, US Church Assistance - Rent 2018
Mexico Outreach $23,932 Colorado Springs, CO, US Mission Trips 2018
Denison Soup Kitchen $5,550 Denison, TX, US Assistance For The Hungry 2018
Lighthouse Children's Home $34,600 Kosciusko, MS, US Assistance For Children In Need 2018
Heartland Bible College $4,400 Oklahoma City, OK, US Scholarship 2018
Pogue Family Missions $25,000 Mckinney, TX, US Missions 2018
First Baptist Church - Sherman $1,500 Sherman, TX, US Missions 2018
Fundamental Baptist Missions Intern $22,000 Hammond, IN, US Missions 2018
Cal Farley's $1,000 Amarillo, TX, US Assistance For Children In Need 2017
Mexico Ministries Inc $24,000 Denison, TX, US Church Building For Communities In Need 2017
Southside Baptist Church $2,400 Denison, TX, US Church Assistance - Rent 2017
Mexico Outreach $70,100 Colorado Springs, CO, US Mission Trips 2017
Lighthouse Children's Home $2,000 Kosciusko, MS, US Assistance For Children In Need 2017
Heartland Bible College $4,400 Oklahoma City, OK, US Scholarship 2017
Bbfi - World Mission Service Center $42,500 Kansas City, MO, US Missionaries 2017
Pogue Family Missions $100,000 Mckinney, TX, US Tuxtepec Build 2017
Mexico Ministries Inc $47,500 Denison, TX, US Church Building For Communities In Need 2016
Oklahoma Baptist Homes For Children $1,000 Oklahoma City, OK, US Assistance For Girls In Need 2016
Southside Baptist Church $4,000 Denison, TX, US Church Assistance 2016
Mexico Outreach $7,350 Colorado Springs, CO, US Mission Trips 2016
Denison Soup Kitchen $1,000 Denison, TX, US Assistance For The Hungry 2016
Lighthouse Children's Home $2,000 Kosciusko, MS, US Assistance For Children In Need 2016

Foundations Similar to The Carol And Rebecca Pennell Foundation

Discover 5 foundations with comparable assets ($22,360-$23,812), similar grant patterns, and geographic focus in TX that may also align with your organization's funding needs and grant seeking strategy.

Foundation Name Total Assets Typical Grant Size Service Area Similarity Match

EIN: 82-4134126 | 10 grants awarded
$23,019
(≈ Similar)
$22,500
median grant
Dallas, TX
Same state
100%
Excellent match

EIN: 45-4664244 | 14 grants awarded
$23,429
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$12,162
median grant
Sugar Land, TX
Same state
99%
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EIN: 82-1931083 | 9 grants awarded
$23,590
(≈ Similar)
$19,551
median grant
Montgomery, TX
Same state
99%
Excellent match

EIN: 74-1157469 | 10 grants awarded
$22,360
(≈ Similar)
$10,000
median grant
Dallas, TX
Same state
99%
Excellent match

EIN: 47-0970040 | 16 grants awarded
$23,812
(≈ Similar)
$10,000
median grant
Sugar Land, TX
Same state
98%
Excellent match

Contact Information

Official contact details for The Carol And Rebecca Pennell Foundation as registered with the IRS. These details are essential for grant applications, correspondence, and due diligence processes.

EIN 27-6254977
Website N/A
Address 1817 WILD KINGDOM RD Denison, TX 75021-7209

Key People (6)

Board members, trustees, and key staff who oversee The Carol And Rebecca Pennell Foundation's grant making decisions and strategic direction. Understanding leadership composition can provide insights into foundation priorities and potential networking opportunities.

Trustee Rebecca Ann Pennell
Director Jim Bob Walters
Director Teresa Meyers
Director Sandy Ulmer
Director Clay Jones

Forms 990-PF

IRS Form 990-PF filings provide comprehensive financial information, grant details, and operational data. These documents are essential resources for understanding foundation capacity, giving patterns, and strategic priorities.

Form 990-PF Research Tips
  • Review Part XV for detailed grant recipient information and funding purposes
  • Check Part I for total assets, annual giving amounts, and payout requirements
  • Examine Part VIII for key personnel compensation and board structure
  • Look for trends across multiple years to understand giving patterns

About This Foundation Profile

This comprehensive foundation profile for The Carol And Rebecca Pennell Foundation is powered by Grant Bay's advanced foundation research platform. Our system analyzes IRS Form 990-PF filings, grant histories, and philanthropic patterns to provide nonprofit organizations with actionable intelligence for grant seeking success.

Data Sources & Accuracy

All information is derived from official IRS filings and public records. Grant Bay processes thousands of Form 990-PF documents to extract grant details, financial data, and organizational information. Data accuracy depends on foundation reporting quality and IRS filing completeness.

Research Applications

Use this profile for prospect research, grant strategy development, application preparation, and relationship building. Combine this data with additional research on foundation priorities, application processes, and board member backgrounds for comprehensive grant seeking strategies.

Data Currency: Last updated February 2026 based on IRS Form 990-PF filings. Foundation information reflects most recent available tax year data.