Also known as: Members Foundation
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The Thomas L Pearson And The Pearson Family Members Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2014. The principal officer is Foundation Source. It holds total assets of $1.3M. Annual income is reported at $5.7M. Total assets have decreased from $5.6M in 2013 to $230K in 2023. 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 2015 to 2023. The foundation primarily funds organizations in Nebraska, Arizona and Utah. According to available records, The Thomas L Pearson And The Pearson Family Members Foundation has made 6 grants totaling $39K, with a median grant of $6K. Annual giving has grown from $9K in 2020 to $30K in 2022. Individual grants have ranged from $2K to $10K, with an average award of $7K. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in Utah and Nebraska and Arizona. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$10K
Average Grant
$8K
Largest Grant
$10K
Based on 3 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.
The Thomas L Pearson And The Pearson Family Members Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in UT, NE, AZ.
The Thomas L Pearson And The Pearson Family Members Foundation has distributed a total of $39K across 6 grants. The median grant size is $6K, with an average of $7K. Individual grants have ranged from $2K to $10K.
The Thomas L Pearson And The Pearson Family Members Foundation typically selects its grantees rather than accepting unsolicited proposals.
The Thomas L Pearson And The Pearson Family Members Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Timothy R Pearson | Dir, Pres | $0 | $0 | N/A |
| David L Pearson | VP | $0 | $0 | N/A |
| Philip K Pearson | VP | $0 | $0 | N/A |
| Thomas L Pearson | Dir, Treas, COB, SEC, VP | $0 | $0 | N/A |
Total Giving
$1.5M
Total Assets
$230K
Fair Market Value
$230K
Net Worth
$230K
Grants Paid
$30K
Contributions
N/A
Net Investment Income
$54K
Distribution Amount
$59K
Total Grants
6
Total Giving
$39K
Average Grant
$7K
Median Grant
$6K
Unique Recipients
3
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Tag Ranch IncGeneral & Unrestricted | Park City, UT | $10K | 2022 |
| Arlington Community Churchannual Christmas Fund for giving to children that are in need in the local church and local community. | Arlington, NE | $5K | 2022 |
| Leukemia & Lymphoma Society IncCharitable Event | Phoenix, AZ | $2K | 2020 |