Thomas J Pearsall Jr Charitable Foundation is located in Hillsborough, NC. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Thomas J Pearsall Jr Charitable 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 12/2022, Thomas J Pearsall Jr Charitable Foundation generated $257.9k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 37.1% each year . All expenses for the organization totaled $133.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Thomas J Pearsall Chairman And President | 0 | $0 | |
| Raymond Tarlton Co-Trustee | 0 | $0 | |
| Hill Allen Co-Trustee | 0 | $0 | 
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $250,546 | 
| Interest on Savings | $226 | 
| Dividends & Interest | $0 | 
| Net Rental Income | $0 | 
| Net Gain on Sale of Assets | $7,140 | 
| Capital Gain Net Income | $7,140 | 
| Net ST Capital Gain | $0 | 
| Income Modifications | $0 | 
| Profit on Inventory Sales | $0 | 
| Other Income | $0 | 
| Total Revenue | $257,912 | 
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 | 
| Other employee salaries and wages | $0 | 
| Pension plans, employee benefits | $0 | 
| Interest | $0 | 
| Taxes | $0 | 
| Depreciation | $0 | 
| Occupancy | $0 | 
| Travel, conferences, and meetings | $0 | 
| Printing and publications | $0 | 
| Other expenses | $0 | 
| Total operating and administrative expenses | $12,566 | 
| Contributions, gifts, grants paid | $121,000 | 
| Total expenses and disbursements | $133,566 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $183,142 | 
| Savings and temporary cash investments | $0 | 
| 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 | $0 | 
| Net Land, buildings, and equipment | $0 | 
| Other assets | $0 | 
| Total assets | $183,142 | 
| 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 | 
Over the last fiscal year, Thomas J Pearsall Jr Charitable Foundation has awarded $121,000 in support to 3 organizations.
| Grant Recipient | Amount | 
|---|---|
| PSYCHOANALYTIC CENTER OF THE CAROLINAS PURPOSE: CHARITABLE | $100,000 | 
| CHRIST CHURCH PURPOSE: CHARITABLE | $11,000 | 
| THE ISABEL O'NEIL FOUNDATION FOR THE ART OF THE PAINTED FINISH PURPOSE: CHARITABLE | $10,000 |