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Pep Foundation is a private corporation based in SUMMIT, NJ. The foundation received its IRS ruling in 1996. The principal officer is Patrick J Welsh. It holds total assets of $1.7M. Annual income is reported at $1.3M. Total assets have grown from $551K in 2011 to $1.4M in 2023. The foundation is governed by 14 officers and trustees. Pep increases opportunity for a select group of motivated summit public school students with demonstrated financial need. Pep provides tuition assistance for college, tutoring, and academic enrichment, summer camp experiences and other support, ensuring that participants accomplish a post secondary education and become productive adults these are approximately 70 children in the program. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. Contributions to this foundation are tax-deductible.
Pep increases opportunity for a select group of motivated summit public school students with demonstrated financial need. Pep provides tuition assistance for college, tutoring, and academic enrichment, summer camp experiences and other support, ensuring that participants accomplish a post secondary education and become productive adults. There are approximately 75 children in the program.
Expenses: $881K
Pep increases opportunity for a select group of motivated summit public school students with demonstrated financial need. Pep provides tuition assistance for college, tutoring, and academic enrichment, summer camp experiences and other support, ensuring that participants accomplish a post secondary education and become productive adults these are approximately 70 children in the program.
Pep Foundation typically selects its grantees rather than accepting unsolicited proposals.
Pep Foundation is headquartered in SUMMIT, NJ.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Aysha Hussain | TRUSTEE | $0 | $0 | N/A |
| Michelle Demuth | TREASURER | $0 | $0 | N/A |
| Michael Block | TRUSTEE | $0 | $0 | N/A |
| Teri Suzuki | PRESIDENT | $0 | $0 | N/A |
| Martha Sayre | INTERIM EXECUTIVE DIRECTOR | $0 | $0 | N/A |
| Lara Drewes | TRUSTEE | $0 | $0 | N/A |
| Michelle Moon | SECRETARY | $0 | $0 | N/A |
| Judith Mccarthy | SECRETARY | $0 | $0 | N/A |
| Maurice Torres | TRUSTEE | $0 | $0 | N/A |
| Patrick J Welsh | SPONSOR TRUSTEE | $0 | $0 | N/A |
| Michael Ma | VICE PRESIDENT | $0 | $0 | N/A |
| Laurie Shen Tham | TRUSTEE | $0 | $0 | N/A |
| Carol A Welsh | SPONSOR TRUSTEE | $0 | $0 | N/A |
| Christopher Moon | TRUSTEE | $0 | $0 | N/A |
Total Giving
$995K
Total Assets
$1.4M
Fair Market Value
$1.4M
Net Worth
$1.4M
Grants Paid
N/A
Contributions
$1.1M
Net Investment Income
$8K
Distribution Amount
N/A
No individual grant records are available. Visit the foundation's 990-PF filings below for detailed grantee information.