The Amy and Chip Pearson Family Foundation is a private independent foundation based in Saint Paul, Minnesota. Established in 2017, it operates as a 501(c)(3) organization with tax-exempt status granted in July 2017. The foundation manages approximately $7.4 million in assets and focuses on philanthropic grantmaking across multiple sectors and geographic regions.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7.5M
+1.6% YoY
Annual Giving
$493K
-1.4% YoY
Grant Count
27
-12.9% YoY
Avg Grant Size
$18K
+13.2% YoY
Under IRS private-foundation payout rules, Amy and Chip Pearson reported a distributable amount of $359K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation does not specify particular subject areas of focus in its public filings. However, its grant history demonstrates support across several areas including:
- Education
- Community development and services
- Entrepreneurship
- Human services
Grantmaking
The foundation does not accept applications.
Grant Range
$5,000
How to Apply
**
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Geographic Focus
Where this funder awards grants
The foundation funds projects across multiple U.S. states and cities, including:
States: Massachusetts, Maryland, Minnesota, Tennessee, Virginia, and Wisconsin
Cities: Arlington, Boston, Brooklyn Park, Cable, Fort Snelling, Grand Rapids, Memphis, Middletown, Minneapolis, North Mankato, Osceola, and Saint Paul
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year 2023:
- Total Assets: $7.4 million
- Total Revenue: $398,366
- Total Expenses: $612,922
- Total Liabilities: $8,600
- Investment Income and Dividends: $258,423
Historical Giving Trends:
- 2023: $364,000 in grants (42 grants)
- 2022: $320,000 in grants (28 grants)
- 2021: $495,000 in grants (33 grants)
- 2020: $209,000 in grants (16 grants)
The foundation's revenue is primarily derived from investment income rather than contributions.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $7,515,657 | $7,400,253 | $7,541,364 |
| Revenue | $578,919 | $398,366 | $1,612,065 |
| Expenses | $597,944 | $612,922 | $464,565 |
| Qualifying Distributions | $572,192 | $584,995 | $427,552 |
| Net Investment Income | $574,041 | $395,098 | $1,601,143 |
| Distributable Amount | $359,340 | $364,635 | $412,475 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
161 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include St Paul Academy and Summit School ($191,000), Neighborhood House ($100,000), Milkweed Editions ($33,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CREATIVE ENTERPRISE ZONE ST PAUL, MN | COMMUNITY ECONOMIC DEVELOPMENT | $5,000 |
| ST PAUL ACADEMY AND SUMMIT SCHOOL ST PAUL, MN | EDUCATION | $191,000 |
| NEIGHBORHOOD HOUSE ST PAUL, MN | COMMUNITY | $100,000 |
| MILKWEED EDITIONS MINNEAPOLIS, MN | ENTREPRENEURSHIP | $33,000 |
| CAMBA TRAILS CABLE, WI | ENVIRONMENT | $1,000 |
| FRIENDS OF THE MISSISSIPPI RIVER ST PAUL, MN | ENVIRONMENT | $5,000 |
| MILL CITY FARMERS MARKET MINNEAPOLIS, MN | ENTREPRENEURSHIP | $15,000 |
| ST PAUL CENTRAL HIGH SCHOOL ST PAUL, MN | EDUCATION | $5,000 |
| THE BAKKEN MUSEUM MINNEAPOLIS, MN | EDUCATION | $2,000 |
| THE COOKIE CART MINNEAPOLIS, MN | ENTREPRENEURSHIP | $5,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Amy C. L. Pearson – Chair/Secretary (1 hour per week, no compensation)
- Christopher J. Pearson – Vice Chair/Treasurer (1 hour per week, no compensation)
- Brendan Davis Pearson – Director (1 hour per week, no compensation)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CHRISTOPHER PEARSON | VICE CHAIR T | 1 | — |
| BRENDAN PEARSON | DIRECTOR | 1 | — |
| AMY PEARSON | CHAIR SECRET | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Amy and Chip Pearson fund?
The foundation does not specify particular subject areas of focus in its public filings. However, its grant history demonstrates support across several areas including: • Education • Community development and services • Entrepreneurship • Human services
How do I apply for a grant from Amy and Chip Pearson?
**Grant Activity:** • Made 31-33 grants in 2023 • Total giving: approximately $500,000 annually • Median grant size: $5,000 • Grant range: $1,000–$166,000 **Recent Grant Recipients (2023):** • St. Paul Academy and Summit School: $166,000 (Education) • Neighborhood House: $90,000 (Community) • Milkweed Editions: $34,000 (Entrepreneurship) • Neighborhood Development Center: $25,000 (Entrepreneurship) • Second Harvest Heartland: $20,000 (Community) • Mill City Farmers Market Charitable Fund: $15,0…
Where does Amy and Chip Pearson make grants?
The foundation funds projects across multiple U.S. states and cities, including: **States:** Massachusetts, Maryland, Minnesota, Tennessee, Virginia, and Wisconsin **Cities:** Arlington, Boston, Brooklyn Park, Cable, Fort Snelling, Grand Rapids, Memphis, Middletown, Minneapolis, North Mankato, Osceola, and Saint Paul
What size grants does Amy and Chip Pearson award?
In 2024, Amy and Chip Pearson awarded 27 grants totaling $493K — an average of about $18K per grant, based on its IRS Form 990 filings.
How much is Amy and Chip Pearson required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Amy and Chip Pearson reported a distributable amount of $359K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Amy and Chip Pearson's EIN?
Amy and Chip Pearson's EIN (Employer Identification Number) is 47-5277448. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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