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PANONICA FOUNDATION
NEW YORK, NY · EIN 844266823 · Form 990 · FY2024 · NTEE R63 · Civil Rights & Advocacy · Medium ($1M-$10M)
revenue
$5.5M
expenses
$4.0M
net assets
$4.0M
employees
0
program ratio
100%
mission · from form 990

PROMOTE A MORE INFORMED PUBLIC BY SUPPORTING RESPONSIBLE JOURNALISM AND CIVIL RIGHTS LIBERTIES AND SOCIAL AND ECONOMIC JUSTICE FOR ALL IN THE U.S.

profile · synthesized from sources

PANONICA FOUNDATION is a New York-based nonprofit that advances civil rights, social and economic justice, and an informed public through support for journalism, higher education, and the arts. The organization operates nationally, primarily by funding external initiatives that align with its mission of promoting responsible journalism and protecting civil liberties. It does not generate program revenue and relies on grants to support its work.

irs program accomplishments · form 990 part iii · fy2024

What they reported doing

  1. #1 primary $191K
    SUPPORT FOR ARTS HISTORY CULTURE HIGHER EDUCATION AND PROTECTION OF ANIMALS
  2. #2 $1.11M
    PROMOTION OF INFORMED PUBLIC AND RESPONSIBLE JOURNALISM
named programs · 4 · from sources

What they call their work

Arts, Culture, and Animal Protection
Supports arts, history, culture, and animal protection through grantmaking
Protection of Civil Rights and Liberties
Grants focused on advancing social and economic justice and protecting civil rights and liberties in the U.S.
Support for Higher Education
Funding initiatives that support institutions and programs in higher education
Support for Responsible Journalism
Provides grants to promote an informed public through support of responsible journalism
activities · 4 groups

What they do

  • Art Museum Funding and Support 1 activity
    • Funding arts, culture, history, and animal protection initiatives
      Provides grants to support organizations and projects in the arts, historical preservation, cultural advancement, and animal protection.
  • Human Rights Advocacy Funding 1 activity
    • Funding civil rights, liberties, and social and economic justice efforts
      Provides financial support to organizations and initiatives working to advance civil rights, protect individual liberties, and promote equity in social and economic systems.
  • University-Specific Endowment and Program Funding 1 activity
    • Funding higher education initiatives
      Supports programs and institutions focused on advancing higher education through financial grants.
  • Public Media Funding 1 activity
    • Funding initiatives to promote an informed public and responsible journalism
      Funds programs and organizations that aim to strengthen public knowledge and support ethical, accountable journalism.
financials · form 990 · fy2024
revenue
Total revenue$5.50M
Contributions & grants$5.50M100%
Program service revenue$00%
Investment income$00%
Other revenue$0
expenses
Total expenses$4.01M
Program expenses100%
Admin / overhead0%
Fundraising0%
Salaries & benefits$0
Grants paid out$4.01M
Largest expense lineCompensation
balance sheet
Total assets$3.98M
Cash$3.98M
Investments$0
Liabilities$0
Net assets$3.98M
Liquid reserves11.9 mo
5 years on record · 2020–2024
leadership · form 990 part vii · fy2024

Who runs it

board members · 2
  • Bruce Allen — President
  • Yoko Allen — Vice President Treasurer