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Pyramid Peak Foundation is a private corporation based in MEMPHIS, TN. The foundation received its IRS ruling in 2012. The principal officer is Melissa Russell. It holds total assets of $150.9M. Annual income is reported at $9.3M. Total assets have grown from $41.6M in 2011 to $150.9M in 2024. The foundation is governed by 4 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2024. According to available records, Pyramid Peak Foundation has made 4 grants totaling $171.1M, with a median grant of $45.6M. Annual giving has decreased from $77.6M in 2020 to $13.8M in 2022. Grantmaking activity was highest in 2021 with $79.7M distributed across 1 grants. Individual grants have ranged from $250K to $79.7M, with an average award of $42.8M. The foundation has supported 2 unique organizations. Grants have been distributed to organizations in Tennessee and Texas. Contributions to this foundation are tax-deductible.
The Foundation performs no direct charitable activities. The exempt purpose is carried out via contributions to existing charitable organizations.
Expenses: $77.6M
Pyramid Peak Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in TN, TX.
Pyramid Peak Foundation has distributed a total of $171.1M across 4 grants. The median grant size is $45.6M, with an average of $42.8M. Individual grants have ranged from $250K to $79.7M.
Pyramid Peak Foundation typically selects its grantees rather than accepting unsolicited proposals.
Pyramid Peak Foundation is headquartered in MEMPHIS, TN. While based in TN, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Melissa R Russell | CFO/Treasurer | $245K | $59K | $305K |
| James R Boyd | Director | $0 | $0 | N/A |
| Andrew R Mccarroll | Director | $0 | $0 | N/A |
| O Mason Hawkins | President/Director | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$150.9M
Fair Market Value
N/A
Net Worth
$150.9M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
4
Total Giving
$171.1M
Average Grant
$42.8M
Median Grant
$45.6M
Unique Recipients
2
Most Common Grant
$250K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Community Fdn Of Greater Memphisvarious | Memphis, TN | $13.8M | 2022 |
| Project Grad UsaEducation | Houston, TX | $250K | 2020 |
UNION CITY, TN
CHATTANOOGA, TN
NASHVILLE, TN