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Pearson Art Foundation Inc. is a private corporation based in RIDGEWOOD, NJ. The foundation received its IRS ruling in 1970. The principal officer is Wollin & Neuschatz. It holds total assets of $1.9M. Annual income is reported at $161K. Total assets have decreased from $2.8M in 2010 to $2.1M in 2022. The foundation is governed by 5 officers and trustees. Exhibit art to the public Over 25,000 visitors anually. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. According to available records, Pearson Art Foundation Inc. has made 2 grants totaling $10K, with a median grant of $5K. Individual grants have ranged from N/A to $10K, with an average award of $5K. The foundation has supported 2 unique organizations. Grants have been distributed to organizations in Iowa and Arkansas. Contributions to this foundation are tax-deductible.
Exhibit art to the public Over 25,000 visitors anually
Exhibit art to the public Over 25,000 visitors anually. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in IA, AR.
Pearson Art Foundation Inc. has distributed a total of $10K across 2 grants. The median grant size is $5K, with an average of $5K. Individual grants have ranged from N/A to $10K.
Pearson Art Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Pearson Art Foundation Inc. is headquartered in RIDGEWOOD, NJ. While based in NJ, the foundation distributes grants to organizations across 2 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Perry Pearson | PRES PT | $50K | $0 | $50K |
| Kimberly Cooke | VP PT | $24K | $0 | $24K |
| Teresa Pearson | VP PT | $0 | $0 | N/A |
| Erika Pearson | VP PT | $0 | $0 | N/A |
| Lonnie Wollin | SECY/TREAS PT | $0 | $0 | N/A |
Total Giving
$180K
Total Assets
$2.1M
Fair Market Value
$2.2M
Net Worth
$2.1M
Grants Paid
$10K
Contributions
N/A
Net Investment Income
$102K
Distribution Amount
$68K
Total Grants
2
Total Giving
$10K
Average Grant
$5K
Median Grant
$5K
Unique Recipients
2
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Childrens MuseumEDUCATIONAL | Bentonville, AR | N/A | 2023 |
| Lake Okoboji Theater CampCHARITABLE | Okoboji, IA | $10K | 2023 |