Perry & Teresa Pearson Foundation Inc
Preselected recipients only
Perry & Teresa Pearson Foundation Inc is a private foundation in Ridgewood, New Jersey. In tax year 2024 it gave $169,646 in 18 grants; the typical grant was $7,000 and the largest $39,500. 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$169,646
- Number of grants18
- Typical grant$7,000
- Largest grant$39,500
- Assets$90,609
- New grantees44%
Giving in 2024 was up from $143,370 the year before.
44% 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 | $165,256 | 19 | $2.6 million |
| 2023 | $143,370 | 21 | $3.0 million |
| 2024 | $169,646 | 18 | $90,609 |
How to apply
Perry & Teresa Pearson 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 Perry & Teresa Pearson Foundation Inc funds
Where it gives
Its grants went to recipients in 5 states, the most to Iowa.
| State | Grants | Amount |
|---|---|---|
| Iowa | 10 | $101,500 |
| Illinois | 2 | $31,475 |
| Arizona | 4 | $26,171 |
| California | 1 | $7,000 |
| Minnesota | 1 | $3,500 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Pearson Lakes Art Center | Educational | $39,500 |
| Opportunity International | Charitable | $23,475 |
| Ability 360 Inc | Charitable | $20,000 |
| Bedell YMCA | Charitable | $20,000 |
| Historic Arnolds Park | Charitable | $12,500 |
| Dickinson County Trails | Educational | $10,000 |
| Lakeside Lab | Educational | $8,500 |
| Alzheimers Association | Charitable | $8,000 |
| 3D Robotics | Educational | $7,000 |
| Okoboji Foundation | Charitable | $7,000 |
| Music Instrument Museum | Educational | $3,500 |
| Boyce Thompson Arboretum | Educational | $2,500 |
| Gold Canyon Arts Council | Educational | $2,500 |
| Arts on the Grand | Charitable | $1,500 |
| Southwestern Steel Guitar Assoc | Educational | $1,171 |
| Iowa Lakes Unitarian Universalist | Charitable | $1,000 |
| Lakes Regional Health Fdn | Charitable | $1,000 |
| Okoboji Blue Water Festival | Charitable | $500 |
Officers and trustees
- Perry Pearson
- Teresa Pearson
- Lonnie Wollin
Questions people ask
Does Perry & Teresa Pearson Foundation Inc accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Perry & Teresa Pearson Foundation Inc give?
$169,646 in tax year 2024, across 18 grants, with a typical grant of $7,000.
Who runs Perry & Teresa Pearson Foundation Inc?
Its 2024 filing lists Perry Pearson (Dir / Pres), Teresa Pearson (Dir / VP) and Lonnie Wollin (Secy).
What does Perry & Teresa Pearson Foundation Inc fund?
Based on its grants, mainly education, arts and culture and environment and conservation.