PENNER FAMILY FOUNDATION
2025 · Form 990PF · revenue $14.3M · expenses $26.1M · assets $85.5M
- EIN
- 81-0831228
- Address
- PO BOX 1860, BENTONVILLE, AR 72712-1860
- NTEE code
- T20
- Subsection
- 501(c)(3)
- Ruling year
- 2017
- Cross-check
- ProPublica Nonprofit Explorer
Each tax year counts once: when a return was amended, only the latest return for that period is used below (superseded returns stay listed, greyed, under Finances).
People paid by the organization
No one listed on these returns was paid.
Unpaid officers and directors · 6 people
| Name | Latest title | Years | Organizations |
|---|---|---|---|
| Erron Smith | Assistant Secretary | 2020-2025 | 9 |
| Luke Mitchell | Assistant Treasurer | 2023-2025 | 10 |
| Carrie W Penner | DIRECTOR, PRESIDENT | 2018-2025 | 3 |
| Gregory B Penner | DIRECTOR, VP, SECRETARY, TREASURER | 2018-2025 | 1 |
| Robert Smith (former) | ASSISTANT TREASURER (UNTIL 12/15/23) | 2018-2023 | 13 |
| Richard Chapman (former) | ASS'T SECRETARY | 2018-2019 | 9 |
People by year
2025 · 4 people listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| LUKE MITCHELL | Assistant Treasurer | 1 | $0 | - | $0 | $0 | 10 |
| GREGORY B PENNER | DIRECTOR, VP, SECRETARY, TREASURER | 3 | $0 | - | $0 | $0 | 1 |
| CARRIE W PENNER | DIRECTOR, PRESIDENT | 3 | $0 | - | $0 | $0 | 3 |
| ERRON SMITH | Assistant Secretary | 1 | $0 | - | $0 | $0 | 9 |
2024 · 4 people listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| CARRIE W PENNER | DIRECTOR, PRESIDENT | 3 | $0 | - | $0 | $0 | 3 |
| GREGORY B PENNER | DIRECTOR,V.P., SECRETARY, TREASURER | 3 | $0 | - | $0 | $0 | 1 |
| Erron SMITH | Assistant Secretary | 1 | $0 | - | $0 | $0 | 9 |
| Luke Mitchell | Assistant Treasurer | 1 | $0 | - | $0 | $0 | 10 |
2023 · 5 people listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| CARRIE W PENNER | DIRECTOR, PRESIDENT | 3 | $0 | - | $0 | $0 | 3 |
| GREGORY B PENNER | DIRECTOR, V.P., SECRETARY, TREASURER | 3 | $0 | - | $0 | $0 | 1 |
| ERRON SMITH | ASSISTANT SECRETARY | 1 | $0 | - | $0 | $0 | 9 |
| LUKE MITCHELL | ASSISTANT TREASURER (AS OF 12/15/23) | 1 | $0 | - | $0 | $0 | 10 |
| ROBERT A SMITH | ASSISTANT TREASURER (UNTIL 12/15/23) | 1 | $0 | - | $0 | $0 | 13 |
2022 · 4 people listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| CARRIE W PENNER | DIRECTOR, PRESIDENT | 3 | $0 | - | $0 | $0 | 3 |
| GREGORY B PENNER | DIRECTOR, V.P., SECRETARY, TREASURER | 3 | $0 | - | $0 | $0 | 1 |
| ERRON SMITH | ASSISTANT SECRETARY | 1 | $0 | - | $0 | $0 | 9 |
| ROBERT A SMITH | ASSISTANT TREASURER | 1 | $0 | - | $0 | $0 | 13 |
2021 · 4 people listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| ROBERT A SMITH | ASSISTANT TREASURER | 1 | $0 | - | $0 | $0 | 13 |
| CARRIE W PENNER | DIRECTOR, PRESIDENT | 3 | $0 | - | $0 | $0 | 3 |
| GREGORY B PENNER | DIRECTOR, V.P., SECRETARY, TREASURER | 3 | $0 | - | $0 | $0 | 1 |
| ERRON SMITH | ASSISTANT SECRETARY | 1 | $0 | - | $0 | $0 | 9 |
2020 · 4 people listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| Erron Smith | Ass't Secretary | 1 | $0 | - | $0 | $0 | 9 |
| Robert A Smith | Ass't Treasurer | 1 | $0 | - | $0 | $0 | 13 |
| Carrie W Penner | DIRECTOR; PRESIDENT | 3 | $0 | - | $0 | $0 | 3 |
| Gregory B Penner | DIRECTOR; V.P. SECRETARY/TREAS | 3 | $0 | - | $0 | $0 | 1 |
2019 · 4 people listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| CARRIE W PENNER | DIRECTOR;PRESIDENT | 3 | $0 | - | $0 | $0 | 3 |
| GREGORY B PENNER | DIRECTOR; V.P. SECRETARY/TREAS | 3 | $0 | - | $0 | $0 | 1 |
| RICHARD D CHAPMAN | ASS'T SECRETARY | 1 | $0 | - | $0 | $0 | 9 |
| ROBERT A SMITH | ASS'T TREASURER | 2 | $0 | - | $0 | $0 | 13 |
2018 · 4 people listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| CARRIE W PENNER | DIRECTOR;PRESIDENT | 2 | $0 | - | $0 | $0 | 3 |
| GREGORY B PENNER | DIRECTOR; V.P. SECRETARY/TREAS | 2 | $0 | - | $0 | $0 | 1 |
| RICHARD D CHAPMAN | ASS'T SECRETARY | 1 | $0 | - | $0 | $0 | 9 |
| ROBERT A SMITH | ASS'T TREASURER | 1 | $0 | - | $0 | $0 | 13 |
Highest-paid independent contractors
2025 · 2 contractors · $285K
| Name | Location | Service | Paid |
|---|---|---|---|
| WALTON ENTERPRISES LLC | BENTONVILLE, AR | ADMINISTRATIVE/MANAGEMENT FEES | $180,915 |
| GOLDMAN SACHS | CHICAGO, IL | INVESTMENT MANAGEMENT | $104,253 |
2024 · 3 contractors · $474K
| Name | Location | Service | Paid |
|---|---|---|---|
| WALTON ENTERPRISES LLC | BENTONVILLE, AR | ADMINISTRATIVE/MANAGEMENT FEES | $215,740 |
| GOLDMAN SACHS | CHICAGO, IL | INVESTMENT MANAGEMENT | $138,522 |
| PROPPER DALEY LLC | WASHINGTON, DC | CONSULTING | $120,000 |
2023 · 2 contractors · $358K
| Name | Location | Service | Paid |
|---|---|---|---|
| WALTON ENTERPRISES LLC | BENTONVILLE, AR | ADMINISTRATIVE/MANAGEMENT FEES | $191,986 |
| GOLDMAN SACHS | CHICAGO, IL | INVESTMENT MANAGEMENT | $166,447 |
2022 · 2 contractors · $251K
| Name | Location | Service | Paid |
|---|---|---|---|
| GOLDMAN SACHS | CHICAGO, IL | INVESTMENT MANAGEMENT | $134,635 |
| WALTON ENTERPRISES LLC | BENTONVILLE, AR | ADMINISTRATIVE/MANAGEMENT FEES | $116,757 |
2021 · 2 contractors · $243K
| Name | Location | Service | Paid |
|---|---|---|---|
| WALTON ENTERPRISES LLC | BENTONVILLE, AR | ADMINISTRATIVE/MANAGEMENT FEES | $124,754 |
| GOLDMAN SACHS | CHICAGO, IL | INVESTMENT MANAGEMENT | $118,398 |
2020 · 2 contractors · $251K
| Name | Location | Service | Paid |
|---|---|---|---|
| GOLDMAN SACHS | CHICAGO, IL | INVESTMENT MANAGEMENT | $140,312 |
| WALTON ENTERPRISES LLC | BENTONVILLE, AR | ADMINISTRATIVE/MANAGEMENT FEES | $110,193 |
2019 · 1 contractor · $152K
| Name | Location | Service | Paid |
|---|---|---|---|
| GOLDMAN SACHS | CHICAGO, IL | INVESTMENTS | $151,812 |
2018 · 1 contractor · $148K
| Name | Location | Service | Paid |
|---|---|---|---|
| GOLDMAN SACHS | CHICAGO, IL | INVESTMENTS | $148,166 |
Who the money went to
Grants this organization reported paying: Schedule I Part II of the Form 990, or the grants-paid list on the 990-PF. Open a year for every recipient. Recipients link to their own page when the grant names an EIN we have (990-PF grants list no EIN, so those link only on an exact, unique name and state). Grants to individuals are counted; their names are not shown.
2025 · 81 grants to organizations · $25.3M
2024 · 82 grants to organizations · $31.3M
2023 · 77 grants to organizations · $28.9M
2022 · 76 grants to organizations · $15.6M
2021 · 78 grants to organizations · $17.1M
2020 · 73 grants to organizations · $17.7M
2019 · 52 grants to organizations · $16.7M
2018 · 25 grants to organizations · $11.1M
Negative amounts are returned or refunded grants; they are listed last and left out of the totals of grants paid.
Who gave
Contributors listed on Schedule B of the Form 990-PF: name, city and state as filed (street addresses are not shown), with total and noncash contributions for the year. A link to an organization's page is tagged Fuzzy with its name-similarity score (0 to 1) when it rests on name and state; Schedule B lists no EIN, so no link here is an exact identifier match.
2022 · 1 contributor · $11.2M
| # | Contributor | Type | City, state | Total | Noncash | Source |
|---|---|---|---|---|---|---|
| 1 | CARRIE PENNER | Organization or other | BENTONVILLE, AR | $11,217,960 | $11,217,960 | Form 990PF Sch. B, 2022 · filing |
Contributors listed here are as reported on the filing. Unusual is not the same as improper. Many of these patterns have ordinary explanations. Check the filing.
Finances
Newest first. Each filing: its name on one row, its figures on the row beneath. Greyed filings are superseded by a later return for the same period and are left out everywhere else on this page.
| Revenue | Expenses | Assets | Net assets | Contributions | Program revenue | Officer pay | Employees | Volunteers |
|---|---|---|---|---|---|---|---|---|
| 2025 · Form 990PF | ||||||||
| $14,300,000 | $26,098,976 | $85,479,533 | $85,479,533 | - | - | - | - | - |
| 2024 · Form 990PF | ||||||||
| $10,886,348 | $32,329,858 | $97,278,509 | $97,278,509 | - | - | - | - | - |
| 2023 · Form 990PF | ||||||||
| $3,892,554 | $29,966,934 | $118,722,019 | $118,722,019 | - | - | - | - | - |
| 2022 · Form 990PF | ||||||||
| $15,459,133 | $16,770,556 | $144,796,399 | $144,796,399 | $11,217,960 | - | - | - | - |
| 2021 · Form 990PF | ||||||||
| $15,983,833 | $19,347,122 | $146,107,822 | $146,107,822 | $0 | - | - | - | - |
| 2020 · Form 990PF | ||||||||
| -$3,258,513 | $19,515,730 | $149,471,111 | $149,471,111 | - | - | - | - | - |
| 2019 · Form 990PF | ||||||||
| $7,890,113 | $18,743,001 | $172,245,354 | $172,245,354 | $0 | - | $0 | - | - |
| 2018 · Form 990PF | ||||||||
| $4,943,204 | $14,271,139 | $183,098,242 | $183,098,242 | $0 | - | $0 | - | - |
Where the money went
Every expense line on each return, biggest first: Form 990 Part IX (with its program, management and fundraising columns), 990-EZ Part I, or 990-PF Part I. Event marks lines the organization itself describes as events. “Events” in each summary adds those lines, conferences and meetings, and the direct costs of fundraising events. Unusual is not the same as improper. Many of these patterns have ordinary explanations. Check the filing.
2025 · Form 990PF · $26,098,976 spent · pay $0 · grants $25,331,409 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| Contributions, gifts, grants paid | $25,331,409 | 97.1% | |
| Other expenses | $342,720 | 1.3% | |
| Fees: other professional | $278,509 | 1.1% | |
| Fees: accounting | $66,044 | 0.3% | |
| Taxes | $55,012 | 0.2% | |
| Interest | $24,634 | 0.1% | |
| Fees: legal | $648 | 0.0% | |
| Total | $26,098,976 | 100% |
2024 · Form 990PF · $32,329,858 spent · pay $0 · grants $31,313,738 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| Contributions, gifts, grants paid | $31,313,738 | 96.9% | |
| Fees: other professional | $480,841 | 1.5% | |
| Other expenses | $353,257 | 1.1% | |
| Taxes | $72,217 | 0.2% | |
| Interest | $55,891 | 0.2% | |
| Fees: accounting | $50,288 | 0.2% | |
| Fees: legal | $3,626 | 0.0% | |
| Total | $32,329,858 | 100% |
2023 · Form 990PF · $29,966,934 spent · pay $0 · grants $28,861,200 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| Contributions, gifts, grants paid | $28,861,200 | 96.3% | |
| Other expenses | $364,033 | 1.2% | |
| Fees: other professional | $316,457 | 1.1% | |
| Taxes | $296,319 | 1.0% | |
| Interest | $68,850 | 0.2% | |
| Fees: accounting | $58,153 | 0.2% | |
| Fees: legal | $1,922 | 0.0% | |
| Total | $29,966,934 | 100% |
2022 · Form 990PF · $16,770,556 spent · pay $0 · grants $15,608,500 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| Contributions, gifts, grants paid | $15,608,500 | 93.1% | |
| Other expenses | $486,651 | 2.9% | |
| Fees: other professional | $237,620 | 1.4% | |
| Taxes | $202,603 | 1.2% | |
| Interest | $199,546 | 1.2% | |
| Fees: accounting | $35,394 | 0.2% | |
| Fees: legal | $242 | 0.0% | |
| Total | $16,770,556 | 100% |
2021 · Form 990PF · $19,347,122 spent · pay $0 · grants $17,136,000 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| Contributions, gifts, grants paid | $17,136,000 | 88.6% | |
| Interest | $710,700 | 3.7% | |
| Other expenses | $673,906 | 3.5% | |
| Taxes | $555,712 | 2.9% | |
| Fees: other professional | $229,282 | 1.2% | |
| Fees: accounting | $41,154 | 0.2% | |
| Fees: legal | $368 | 0.0% | |
| Total | $19,347,122 | 100% |
2020 · Form 990PF · $19,515,730 spent · pay $0 · grants $17,665,000 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| Contributions, gifts, grants paid | $17,665,000 | 90.5% | |
| Other expenses | $1,338,932 | 6.9% | |
| Fees: other professional | $277,236 | 1.4% | |
| Taxes | $153,861 | 0.8% | |
| Interest | $80,684 | 0.4% | |
| Fees: accounting | $17 | 0.0% | |
| Total | $19,515,730 | 100% |
2019 · Form 990PF · $18,743,001 spent · pay $0 · grants $16,656,600 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| Contributions, gifts, grants paid | $16,656,600 | 88.9% | |
| Interest | $1,042,756 | 5.6% | |
| Other expenses | $618,649 | 3.3% | |
| Taxes | $214,096 | 1.1% | |
| Fees: other professional | $188,151 | 1.0% | |
| Fees: accounting | $22,749 | 0.1% | |
| Total | $18,743,001 | 100% |
2018 · Form 990PF · $14,271,139 spent · pay $0 · grants $11,078,000 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| Contributions, gifts, grants paid | $11,078,000 | 77.6% | |
| Interest | $1,437,133 | 10.1% | |
| Other expenses | $1,254,039 | 8.8% | |
| Taxes | $315,969 | 2.2% | |
| Fees: other professional | $185,534 | 1.3% | |
| Fees: legal | $388 | 0.0% | |
| Fees: accounting | $76 | 0.0% | |
| Total | $14,271,139 | 100% |