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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Philanthropy, Voluntarism & Grantmaking The Penny Foundation

The Penny Foundation

Fiscal year ending 2024. Filed on September 12, 2025.

PO Box 13181
Birmingham, Alabama 35203

The Penny Foundation (EIN: 82-3036091) has filed an IRS Form 990 since fiscal year 2018. In its fiscal year 2024 IRS Form 990 filing, The Penny Foundation, a 501(c)(3) charitable organization, reported compensation for 2 out of 5 total employees. Among the employees shown here, the average compensation is $0.

Revenue, expenses, and employee compensation

Revenue

$8,600,524

Expenses

$8,514,371

Employee compensation

$476,859
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Lyord Wastson
Chief Executive Officer
$0
Tracy Reese Moore
Chief Financial Officer
$0

Benchmark Employee Compensation

Non-Employee Board Members

Bob Dickerson
Board Member
Brittney Taylor
Board Member
Charlie Glover
Board Chair
Corey Green
Board Member
Eboni Little
Board Member
Floresha Watkins
Board Member
Herschell Hamilton
Board Member
Janine Smith
Board Member
John Long
Board Member
Julian Grant
Board Member
Khadijah Abdullah
Board Member
Lisa Williams
Secretary

Mission Statement

CONNECTING PEOPLE, ORGANIZATIONS, AND RESOURCES IN THE AREA OF EDUCATION, COMMUNITY DEVELOPMENT, AND ECONOMIC DEVELOPMENT.

Revisions to this organization profile

September 12, 2025:
2024 The Penny Foundation 990 filed
June 26, 2024:
2023 The Penny Foundation 990 filed
November 14, 2023:
2022 The Penny Foundation 990 filed

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