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Nonprofit · EIN 81-0831228

PENNER FAMILY FOUNDATION

Tax-exempt · BENTONVILLE, AR 72712

Financials

$3.9M$30M2023$10.9M$32.3M2024$14.3M$26.1M2025
Revenue Expenses · by fiscal year end
Financials of PENNER FAMILY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$14,300,000$26,098,976-$11,798,976$85,479,533$0$85,479,533
December 31, 2024990-PF$10,886,348$32,329,858-$21,443,510$97,278,509$0$97,278,509
December 31, 2023990-PF$3,892,554$29,966,934-$26,074,380$118,722,019$0$118,722,019
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$1,785,622
Net gain from sales of assets
$10,014,606
Other income
$2,499,772

Expenses

Grants and similar amounts paid
$25,331,409
Disbursements for charitable purposes
$25,526,223
Excise tax on investment income
$190,809

Balance sheet and other

Total assets, start of year
$97,278,509
Total assets, end of year
$85,479,533
Total liabilities, end of year
$0
Net assets, end of year
$85,479,533
Fair market value of assets
$115,715,324
Qualifying distributions
$25,526,223
Net investment income
$14,300,000

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
LUKE MITCHELL
PO BOX 1860, BENTONVILLE, AR 72712
Assistant Treasurer1$0
GREGORY B PENNER
PO BOX 1860, BENTONVILLE, AR 72712
DIRECTOR, VP, SECRETARY, TREASURER3$0
CARRIE W PENNER
PO BOX 1860, BENTONVILLE, AR 72712
DIRECTOR, PRESIDENT3$0
ERRON SMITH
PO BOX 1860, BENTONVILLE, AR 72712
Assistant Secretary1$0
990-PF for the year ended December 31, 2024: 4 people
NameTitleHours / weekCompensation
CARRIE W PENNER
PO BOX 1860, BENTONVILLE, AR 72712
DIRECTOR, PRESIDENT3$0
GREGORY B PENNER
PO BOX 1860, BENTONVILLE, AR 72712
DIRECTOR,V.P., SECRETARY, TREASURER3$0
Erron SMITH
PO BOX 1860, BENTONVILLE, AR 72712
Assistant Secretary1$0
Luke Mitchell
PO BOX 1860, BENTONVILLE, AR 72712
Assistant Treasurer1$0
990-PF for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
CARRIE W PENNER
PO BOX 1860, BENTONVILLE, AR 72712
DIRECTOR, PRESIDENT3$0
GREGORY B PENNER
PO BOX 1860, BENTONVILLE, AR 72712
DIRECTOR, V.P., SECRETARY, TREASURER3$0
ERRON SMITH
PO BOX 1860, BENTONVILLE, AR 72712
ASSISTANT SECRETARY1$0
LUKE MITCHELL
PO BOX 1860, BENTONVILLE, AR 72712
ASSISTANT TREASURER (AS OF 12/15/23)1$0
ROBERT A SMITH
PO BOX 1860, BENTONVILLE, AR 72712
ASSISTANT TREASURER (UNTIL 12/15/23)1$0

Address and contacts

Address (IRS master file)
PO BOX 1860, BENTONVILLE, AR 72712-1860
In care of
% KARI HARRIS
Signed the 990-PF
ROBERT A SMITH, ASSISTANT TREASURER
Phone
(479) 464-1570
Return prepared by
WALTON ENTERPRISES LLC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
81-0831228
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2017
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$85,479,533
Income (IRS master file)
$46,498,406

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$14,300,000$26,098,976$85,479,533XML
990-PFDecember 2024$10,886,348$32,329,858$97,278,509XML
990-PFDecember 2023$3,892,554$29,966,934$118,722,019XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-TDecember 2020–––IRS
990-PFDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 81-0831228).

Questions about PENNER FAMILY FOUNDATION

What is the EIN of PENNER FAMILY FOUNDATION?
The employer identification number (EIN) of PENNER FAMILY FOUNDATION is 81-0831228.
Is PENNER FAMILY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
Are donations to PENNER FAMILY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does PENNER FAMILY FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of PENNER FAMILY FOUNDATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PENNER FAMILY FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of PENNER FAMILY FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does PENNER FAMILY FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $14,300,000, expenses of $26,098,976 and total assets of $85,479,533 at year end.

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