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Dr M Lee Pearce Foundation Inc. is a private corporation based in MIAMI BEACH, FL. The foundation received its IRS ruling in 1985. The principal officer is % Patricia Hopkins. It holds total assets of $174.3M. Annual income is reported at $158.2M. According to available records, Dr M Lee Pearce Foundation Inc. has made 18 grants totaling $3M, with a median grant of $175K. The foundation has distributed between $1.4M and $1.5M annually from 2022 to 2023. Individual grants have ranged from $15K to $300K, with an average award of $164K. The foundation has supported 7 unique organizations. The foundation primarily supports organizations in New York, Ohio, District of Columbia, which account for 56% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Dr M Lee Pearce Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 18 grants. Its grantmaking reaches organizations primarily in NY, OH, DC.
Dr M Lee Pearce Foundation Inc. has distributed a total of $3M across 18 grants. The median grant size is $175K, with an average of $164K. Individual grants have ranged from $15K to $300K.
Dr M Lee Pearce Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Dr M Lee Pearce Foundation Inc. is headquartered in MIAMI BEACH, FL. While based in FL, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Charles Douglas | CHAIR, PRES. & DIRECTOR TIL 9/8 | $15K | $0 | $15K |
| Michael Carpenter | CHAIR, PRES. & DIRECTOR AS OF 10/18 | $15K | $0 | $15K |
| Robert Potts | VICE PRESIDENT & DIRECTOR | $13K | $0 | $13K |
| Jeffrey Bolton | DIRECTOR | $9K | $0 | $9K |
| Tatjana Rundek | DIRECTOR | $8K | $0 | $8K |
Total Giving
$2.2M
Total Assets
$36.9M
Fair Market Value
$41.3M
Net Worth
$35.7M
Grants Paid
$1.5M
Contributions
$0
Net Investment Income
$1.2M
Distribution Amount
$1.9M
Total: $35.8M
Total Grants
18
Total Giving
$3M
Average Grant
$164K
Median Grant
$175K
Unique Recipients
7
Most Common Grant
$200K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Harvard Medical SchoolMEDICAL RESEARCH | Boston, MA | $300K | 2023 |
| Feinstein Institutes For Medical ResearchQUALITY OF HUMAN LIFE SURVEY PROGRAM | Manhasset, NY | $300K | 2023 |
| The Cleveland OrchestraMIAMI RESIDENCY | Cleveland, OH | $300K | 2023 |
| The Washington National OperaPROGRAM SUPPORT | Washington, DC | $300K | 2023 |
| The Metropolitan Opera AssociationPROGRAM SUPPORT | New York, NY | $200K | 2023 |
| Yulieth Franco | DIRECTOR | $8K | $0 | $8K |
| Joseph Martin | DIRECTOR | $7K | $0 | $7K |
| Richard Inglis | SECRETARY & TREASURER TIL 12/14 | $3K | $0 | $3K |
| Scott Kent | MEMBER | $3K | $0 | $3K |
| Patricia Hopkins | ASSISTANT SECRETARY | $3K | $0 | $3K |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2015 | 990PF | View |
| New World SymphonyPROGRAM SUPPORT | Miami Beach, FL | $50K | 2023 |
| University Of Miami Frost School Of MusicMUSIC THERAPY AND BRAIN AGING | Coral Gables, FL | $43K | 2023 |
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