Private foundation · New York, NY

The Irving Penn Foundation

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Typical grant size
$910K – $1.2M – $1.3M
25th · median · 75th percentile
Unique recipients
2
Repeat grantees
1
funded 2+ years

Application procedures · from 2024 990-PF

Leadership · from 2024 990-PF

Tom Penn
DIRECTOR, PRESIDENT & CHAIR
$290K
Arnie Herrmann
DIRECTOR, SECRETARY & TREASURER
Elizabeth Broun
DIRECTOR
Lennart Durehed
DIRECTOR

Source: IRS Form 990-PF, Part VII. Officers, directors, and trustees as reported by the foundation.

Payout rate · TY 2024
0.9%
grants paid ÷ assets · ~5% IRS minimum
'21
'22
'23
'24
6
Total grants awarded
$7.0M
Total amount
$1.2M
Average grant
$2.3M
Largest grant

Giving by year

2024
$1.4M
1 grants
2023
$1.2M
1 grants
2022
$1.2M
1 grants
2021
$3.1M
3 grants

Top recipients

3 grants · NY · ✓ Exact match
$3.9M
Metropolitan Museum of Art (see Attachment E)
1 grant · NY
$2.3M
Moderna Museet Stockholm
1 grant
$800K
1 grant · DC · ✓ Exact match
$3K

Recipient names are as reported on the 990-PF. ✓ Exact match = EIN matched to IRS records by exact name + state; ≈ likely match = EIN inferred from a closely similar name. The recipient EIN is never stated on the form — it is DoubleNine’s match.

Recent grants · most recent filings first

Metropolitan Museum of Art
TO PROMOTE APPRECIATION AND UNDERSTANDING OF FINE ARTS (SEE ATTACHMENT)
NY · TY 2024
$1.4M
Metropolitan Museum of Art
TO PROMOTE APPRECIATION AND UNDERSTANDING OF FINE ARTS (SEE ATTACHMENT)
NY · TY 2023
$1.2M
Metropolitan Museum of Art
TO PROMOTE APPRECIATION AND UNDERSTANDING OF FINE ARTS (SEE ATTACHMENT)
NY · TY 2022
$1.2M
Metropolitan Museum of Art (see Attachment E)
TO PROMOTE APPRECIATION AND UNDERSTANDING OF FINE ARTS
NY · TY 2021
$2.3M
Moderna Museet Stockholm
TO PROMOTE APPRECIATION AND UNDERSTANDING OF FINE ARTS
TY 2021
$800K
The Aspen Institute
TO PROMOTE APPRECIATION AND UNDERSTANDING OF FINE ARTS
DC · TY 2021
$3K

Source: IRS Form 990-PF, Part XV. Up to 50 most recent grants shown.