The Penny Foundation is a Birmingham, Alabama-based community chest working to eliminating economic inequality in the Black community. The Penny Foundation connects people, organizations, and resources in the areas of family, economic, and community development through the lens of technology and innovation.
We accomplish our mission through grantmaking, programming, and donor advised funds. Our programs, funds and grants are informed by a staff, board of directors and volunteers who have an intimate understanding of the community’s history, culture, politics and population. We serve as a philanthropic vehicle for people to focus their resources in the Black community.
Lyord Watson, Jr.
Alabama Market President
Citizens Trust Bank
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Co-Founder, Chief Strategic Officer
BLOC Global Group
Teach for America Metro Atlanta
Accounting & Business Consultants