The Dr M Lee Pearce Foundation Inc
Preselected recipients only
The Dr M Lee Pearce Foundation Inc is a private foundation in Miami Beach, Florida. In tax year 2024 it gave $5.1 million in 13 grants; the typical grant was $300,000 and the largest $999,350. 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$5.1 million
- Number of grants13
- Typical grant$300,000
- Largest grant$999,350
- Assets$174 million
- New grantees46%
Giving in 2024 was up from $1.5 million the year before.
46% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2022 | $715,000 | 5 | $38.4 million |
| 2023 | $1.5 million | 8 | $41.3 million |
| 2024 | $5.1 million | 13 | $174 million |
How to apply
The Dr M Lee Pearce Foundation Inc 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.
What The Dr M Lee Pearce Foundation Inc funds
Where it gives
Its grants went to recipients in 8 states, the most to New York.
| State | Grants | Amount |
|---|---|---|
| New York | 3 | $1.4 million |
| Massachusetts | 1 | $999,350 |
| Florida | 4 | $833,000 |
| Minnesota | 1 | $600,000 |
| District of Columbia | 1 | $300,000 |
| Illinois | 1 | $300,000 |
| Michigan | 1 | $300,000 |
| Ohio | 1 | $300,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Harvard Medical School | Medical research | $999,350 |
| Mayo Clinic | Medical research | $600,000 |
| Opera America | General support | $500,000 |
| The Metropolitan Opera Association | General support | $500,000 |
| The Feinstein Institutes for Medical Research | Quality of human life survey program | $425,000 |
| New World Symphony | Wallcast concert series | $400,000 |
| Northwestern University | Scholarship support | $300,000 |
| The Cleveland Orchestra | Florida residency | $300,000 |
| The Sphinx Organization | General support | $300,000 |
| The Washington National Opera | Program support | $300,000 |
| University of Miami - Miller School of Medicine | Medical research | $300,000 |
| University of Miami - Frost School of Music | Medical research and general support | $128,000 |
| University of Miami - Bascom Palmer Eye Institute | General support | $5,000 |
Officers and trustees
- Michael A Carpenter
- Robert Potts
- Jeffrey W Bolton
- Patricia E Hopkins
- Scott A Kent
- Susan Feder
- Yulieth Franco
- Joseph B Martin
- Tatjana Rundek MD PHD
- Marc Scorca
- Andre Terzic MD PHD
- Mark Volpe
Questions people ask
Does The Dr M Lee Pearce Foundation Inc accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does The Dr M Lee Pearce Foundation Inc give?
$5.1 million in tax year 2024, across 13 grants, with a typical grant of $300,000.
Who runs The Dr M Lee Pearce Foundation Inc?
Its 2024 filing lists Michael A Carpenter (Chair, Pres. & Director), Robert Potts (Vice President & Director), Jeffrey W Bolton (Treasurer, Director) and Patricia E Hopkins (Secretary) among 12 officers and trustees.
What does The Dr M Lee Pearce Foundation Inc fund?
Based on its grants, mainly health, science and research and arts and culture.