The Pearson Foundation Inc
- Assets
- $1.0m
- Revenue
- $85.7k
- Investments
- $1.0m
- Employees
- 0
- Location
- Niwot, CO
- Founding
- 05/2000
- Data as of
- 12/2021
- EIN
- 22-3640618
Organization Overview
The Pearson Foundation Inc is located in Niwot, CO. The organization was established in 2000. 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. Pearson Foundation Inc 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 12/2021, Pearson Foundation Inc generated $85.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 24.4% each year . All expenses for the organization totaled $65.7k during the year ending 12/2021. While expenses have increased by 20.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Pearson Foundation Inc has awarded 39 individual grants totaling $183,290. 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.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $770 |
| Interest on Savings | $2 |
| Dividends & Interest | $48,683 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $36,201 |
| Capital Gain Net Income | $36,201 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $85,656 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $720 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $6,015 |
| Contributions, gifts, grants paid | $59,654 |
| Total expenses and disbursements | $65,669 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $39,124 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $303,182 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,041,797 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, The Pearson Foundation Inc has awarded $59,654 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
Boulder, CO PURPOSE: GENERAL OPERATING EXPENSES | $25,000 |
ST MARY MAGDALENE PURPOSE: GENERAL OPERATING EXPENSES | $12,250 |
Boulder, CO PURPOSE: GENERAL OPERATING EXPENSES | $6,000 |
Denver, CO PURPOSE: GENERAL OPERATING EXPENSES | $5,000 |
THE LAFAYETTE EMPOWERMENT CENTER PURPOSE: GENERAL OPERATING EXPENSES | $5,000 |
Boulder, CO PURPOSE: GENERAL OPERATING EXPENSES | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Moreno Family Foundation Phoenix, AZ | $117,327,204 | $12,846,787 |
The Dixie And Anne Leavitt Foundation Cedar City, UT | $52,405,557 | $11,398,374 |
Py Foundation Artesia, NM | $56,655,367 | $3,921,217 |
The Cielo Foundation Boulder, CO | $91,518,762 | $7,665,188 |
Merle Chambers Fund Denver, CO | $66,462,880 | $7,349,081 |
Gods Light In The Darkness Foundation Carlbad, NM | $31,530,012 | $790,978 |
Scott W And Betsy D Thornton Family Foundation Park City, UT | $4,627,448 | $2,183,609 |
Mutual Of Omaha Foundation Omaha, NE | $120,899,798 | $13,368,524 |
Claire M Hubbard Foundation Omaha, NE | $31,541,308 | $3,169,912 |
Eugene V And Clare Thaw Charitable Trust Santa Fe, NM | $97,006,761 | $1,880,279 |
Maffei Foundation Denver, CO | $13,828,182 | $18,020,171 |
D F Dillon Foundation Lincoln, NE | $47,396,549 | $3,325,825 |