Pegasus Foundation
Preselected recipients only
Pegasus Foundation is a private foundation in Tallahassee, Florida. In tax year 2024 it gave $1.4 million in 4 grants; the typical grant was $650 and the largest $1.4 million. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$1.4 million
- Number of grants4
- Typical grant$650
- Largest grant$1.4 million
- Assets$0
- New grantees25%
Giving in 2024 was up from $83,500 the year before.
25% of its 2024 grantees had not received a grant from it the year before, a mix of repeat and new grantees.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $83,500 | 34 | $1.3 million |
| 2024 | $1.4 million | 4 | $0 |
How to apply
Pegasus Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
Where it gives
Its grants went to recipients in 4 states, the most to California.
| State | Grants | Amount |
|---|---|---|
| California | 1 | $1.4 million |
| Utah | 1 | $900 |
| New York | 1 | $400 |
| Maine | 1 | $250 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Schwab's Donor Advised Fund | Final year transfer to donor advisor fund | $1.4 million |
| Thomasville Art and Antiques Show | Annual fund | $900 |
| Seal Future Fund | Annual fund | $400 |
| Project Puffin | Annual fund scientific education | $250 |
Officers and trustees
- Melville H Ireland Jr
- Elizabeth R Ireland
- Peter Ireland
- William Ireland
- Jennifer Ireland
Questions people ask
Does Pegasus Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Pegasus Foundation give?
$1.4 million in tax year 2024, across 4 grants, with a typical grant of $650.
Who runs Pegasus Foundation?
Its 2024 filing lists Melville H Ireland Jr (President), Elizabeth R Ireland (Trustee), Peter Ireland (Trustee) and William Ireland (Trustee) among 5 officers and trustees.