Pearson Family Foundation
- Assets
- $14.6m
- Revenue
- $569.6k
- Investments
- $14.5m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- Data as of
- 12/2022
- EIN
- 86-3173870
Organization Overview
Pearson Family Foundation is located in Wilmington, DE. According to its NTEE Classification (T30) the organization is classified as: Public 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 Family 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, Pearson Family Foundation generated $569.6k in total revenue. All expenses for the organization totaled $467.4k during the year ending 12/2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larry V Pearson Dir, Pres, Treas | 1 | $0 | |
Linda J Pearson Dir, Sec, VP | 1 | $0 | |
Timothy V Pearson Dir | 1 | $0 | |
Bradley J Pearson Dir | 1 | $0 | |
Lori M Hodges Dir | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,000,000 |
| Interest on Savings | $205 |
| Dividends & Interest | $219,728 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$650,312 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $569,621 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $71,600 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $36,653 |
| Total operating and administrative expenses | $137,370 |
| Contributions, gifts, grants paid | $330,000 |
| Total expenses and disbursements | $467,370 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $105,164 |
| 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 | $14,557,775 |
| 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, Pearson Family Foundation has awarded $330,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
NEBRASKA METHODIST HOSPITAL FOUNDATION PURPOSE: NICU EXPANSION FUND AT METHODIST WOMEN'S HOSPITAL | $200,000 |
Omaha, NE PURPOSE: EVOLVE JOSLYN CAPITAL CAMPAIGN | $100,000 |
Omaha, NE PURPOSE: GENERAL & UNRESTRICTED | $30,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Homefree Usa Inc Landover, MD | $5,280,798 | $17,895,333 |
Feeding Pennsylvania Lemoyne, PA | $10,818,120 | $21,841,545 |
University Of Pittsburgh And Upmc Medical And Health Sciences Fdn Pittsburgh, PA | $0 | $12,874,250 |
American Friends Of Leket Israel Inc Teaneck, NJ | $3,165,709 | $12,922,662 |
Pittsburgh Promise Foundation Pittsburgh, PA | $59,585,111 | $15,082,951 |
Pennsylvania Ems Provider Foundation Harrisburg, PA | $55,116 | $0 |
The M S Hershey Foundation Hershey, PA | $64,689,691 | $17,201,612 |
Asbury Foundation Inc Frederick, MD | $52,948,136 | $11,506,831 |
Howard S And Deborah Jonas Foundation Inc Newark, NJ | $31,913,606 | $3,298,041 |
American Friends Of Kohelet Policy Forum Philadelphia, PA | $260,078 | $121,500 |
Englewood Hospital And Medical Center Foundation Inc Englewood, NJ | $99,587,008 | $18,309,140 |
The Nicholas J And Anna K Bouras Summit, NJ | $115,819,881 | $10,500,209 |