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Perry & Teresa Pearson Foundation Inc. is a private corporation based in SALT LAKE CITY, UT. The foundation received its IRS ruling in 1991. The principal officer is L Wollin. It holds total assets of $1.5M. Annual income is reported at $719K. Total assets have grown from $690K in 2009 to $1.4M in 2022. The foundation is governed by 3 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in Iowa and Arizona. According to available records, Perry & Teresa Pearson Foundation Inc. has made 86 grants totaling $621K, with a median grant of $4K. The foundation has distributed between $153K and $303K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $303K distributed across 40 grants. Individual grants have ranged from N/A to $58K, with an average award of $7K. The foundation has supported 37 unique organizations. The foundation primarily supports organizations in Iowa, Arizona, Illinois, which account for 83% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$4K
Average Grant
$6K
Largest Grant
$22K
Based on 27 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Perry & Teresa Pearson Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 86 grants. Its grantmaking reaches organizations primarily in IA, AZ, IL.
Perry & Teresa Pearson Foundation Inc. has distributed a total of $621K across 86 grants. The median grant size is $4K, with an average of $7K. Individual grants have ranged from N/A to $58K.
Perry & Teresa Pearson Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Perry & Teresa Pearson Foundation Inc. is headquartered in SALT LAKE CITY, UT. While based in UT, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Perry Pearson | PRES P/T | $0 | $0 | N/A |
| Teresa Pearson | VP P/T | $0 | $0 | N/A |
| Lonnie Wollin | SECY P/T | $0 | $0 | N/A |
Total Giving
$197K
Total Assets
$1.4M
Fair Market Value
$2.6M
Net Worth
$1.4M
Grants Paid
$165K
Contributions
N/A
Net Investment Income
$122K
Distribution Amount
$124K
Total: $1.2M
Total Grants
86
Total Giving
$621K
Average Grant
$7K
Median Grant
$4K
Unique Recipients
37
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Pearson Lakes Art CenterEducational | Okoboji, IA | $34K | 2023 |
| Opportunity InternationalCharitable | Chicago, IL | $25K | 2023 |
| YmcaCharitable | Okoboji, IA | $21K | 2023 |
| Dickinson County ConservationEducational | Okoboji, IA | $20K | 2023 |
| Ability 360 IncCharitable | Phoenix, AZ | $17K | 2023 |
| Historic Arnolds ParkCharitable | Arnolds Park, IA | $10K | 2023 |
| Arnolds Park Fire & RescueCharitable | Arnolds Park, IA | $8K | 2023 |
| Oaxoca Street ChildrenCharitable | Benton, AR | $8K | 2023 |
| Dickinson County Nature CenterEducational | Okoboji, IA | $5K | 2023 |
| Tuscon Festival Of BooksEducational | Tuscon, AZ | $4K | 2023 |
| Music Instrument MuseumEducational | Minneapolis, MN | $3K | 2023 |
| Friends Of Lakeside LabEducational | Milford, IA | $3K | 2023 |
| Superstition Food BankCharitable | Apache Junction, AZ | $2K | 2023 |
| Feed My Starving ChildrenCharitable | Coon Rapids, MN | $2K | 2023 |
| Mesa Art CenterEducational | Mesa, AZ | $2K | 2023 |
| Scottsdale Center For ArtsEducational | Scottsdale, AZ | $1K | 2023 |
| Iowa Lakes Unitarian UniversalistCharitable | Okoboji, IA | $1K | 2023 |
| Nw Iowa Humane SocietyCharitable | Milford, IA | $570 | 2023 |
| Blue Water FestivalEducational | Arnolds Park, IA | $500 | 2023 |
| Boyce Thompson AboretumEducational | Superior, AZ | $5K | 2022 |
| Lakeside Hockey AssociationCharitable | Spirit Lake, IA | $5K | 2022 |
| Seasons CenterEducational | Spencer, IA | $5K | 2022 |
| Jazzed Up Big BandCharitable | Arnolds Park, IA | $3K | 2022 |
| Gold Canyon Arts CouncilCharitable | Gold Canyon, AZ | $3K | 2022 |