The Pegasus Foundation
- Assets
- $479.8k
- Revenue
- $614.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Brewster, MA
- Founding
- 03/1997
- Data as of
- 12/2023
- EIN
- 22-3487149
Organization Overview
The Pegasus Foundation is located in Brewster, MA. The organization was established in 1997. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pegasus Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Pegasus Foundation generated $614.8k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $423.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (12.6%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Pegasus Foundation has awarded 54 individual grants totaling $883,140. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE PEGASUS FOUNDATION IMPROVES ANIMAL WELFARE THROUGH EFFECTIVE GRANT MAKING AND EDUCATION IN THE UNITED STATES,THE CARIBBEAN,NATIVE AMERICAN LANDS,AFRICA AND ASIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTRIBUTIONS TO CHARITIES WORKING FOR ANIMAL WELFARE
HELP US HELP THEM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
George Wmalloy CPA Co-Trustee | OfficerTrustee | 1 | $0 |
Barbara Ubirdsey Co-Trustee | OfficerTrustee | 1 | $0 |
John Wgrandy Co-Trustee | OfficerTrustee | 1 | $0 |
Melissa Rubin Co-Trustee | OfficerTrustee | 1 | $0 |
Carter Luke Co-Trustee | OfficerTrustee | 1 | $0 |
Aleta Smith Co-Trustee | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $614,662 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $614,662 |
| Total Program Service Revenue | $0 |
| Investment income | $126 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $614,788 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $248,646 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $49,426 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,451 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $55,389 |
| Advertising and promotion | $5,944 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $16,636 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,231 |
| All other expenses | $0 |
| Total functional expenses | $423,936 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $429,443 |
| Savings and temporary cash investments | $50,402 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $479,845 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $479,845 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $479,845 |
Grants Awarded
Over the last fiscal year, The Pegasus Foundation has awarded $190,974 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
PROVINCETOWN CENTER FOR COASTAL STUDIES PURPOSE: CHARITABLE CONTRIBUTION | $15,000 |
COMPASS FARMS INC PURPOSE: CHARITABLE CONTRIBUTION | $22,406 |
SAVE THE CHIMPS INC PURPOSE: CHARITABLE CONTRIBUTION | $7,500 |
NALA'S NEW LIFE RESCUE PURPOSE: CHARITABLE CONTRIBUTION | $109,683 |
CAREING FIELDS FELINES INC PURPOSE: CHARITABLE CONTRIBUTION | $15,600 |
POPO PITBULLS INC PURPOSE: CHARITABLE CONTRIBUTION | $20,785 |