Peace Love & Joy Inc
Peace Love & Joy Inc is a private foundation, based in Washington, DC. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $106K in total assets. In 2025, it awarded 4 grants totaling $23K. Net investment income was $1K.
Peace Love & Joy Inc at a glance
In short: Peace Love & Joy Inc gave $23K across 4 grants in 2025 (avg $6K), top state Virginia. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $23,160
- +78.2% vs 2024
- Grants made (2025)
- 4
- +100.0% vs 2024
- Average grant
- $5,790
- -10.9% vs 2024
- Median grant
- $5,500
- Total assets
- $105,941
- -9.2% vs 2024
- Primary geography
- Virginia (47% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Peace Love & Joy Inc funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2025
The largest 2025 recipient was Washington Performing Arts ($7K). Together the top 4 received $23K.
Grant Size Distribution
13 grants across all recorded years
The most common grant size was under $50K: 13 grants of 13 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 4 itemized grants.
Cities
How Peace Love & Joy Inc gives
- Giving grew 209% from 2022 to 2025. Method
- In 2025 it paid out 288% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $8K (2022) to $23K (2025). In 2025 it made 4 grants totaling $23K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Washington Performing Arts Washington, DC | Unrestricted | $7,160 |
| Piedmont Environmental Council Warrenton, VA | Unrestricted | $6,000 |
| Clifton Institute Wartrenton, VA | Unrestricted | $5,000 |
| Young Concert Artists New York, NY | Unrestricted | $5,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $105,941 | $12,674 | $23,345 | $23,160 | 4 | $23,160 | $1,475 | $8,052 |
| 2024 | $116,612 | $4,135 | $13,187 | $13,000 | 2 | $13,000 | $2,511 | $8,225 |
| 2023 | $125,664 | $2,613 | $12,673 | $11,000 | 2 | $12,500 | $2,633 | $7,533 |
| 2022 | $135,724 | $5,458 | $9,800 | $7,500 | 2 | $9,650 | $3,214 | $6,746 |
| 2021 | $140,066 | $5,260 | $12,713 | $10,500 | 3 | $12,500 | $3,047 | $8,258 |
| 2020 | $147,519 | $5,941 | $11,221 | $9,000 | 4 | — | $3,596 | $7,627 |
Under IRS private-foundation payout rules, Peace Love & Joy Inc reported a distributable amount of $8K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Peace Love & Joy Inc is led by Fereshteh Simone, President on every filing since 2022 — the only officer listed, and uncompensated.
Officers on the 2025 filing
Fereshteh Simone
President
On filings since 2022
5 hrs/week
No compensation reported
Former officers (1)
- Former: Fera Simone (2020–2021) — President
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Peace Love & Joy Inc
How much does Peace Love & Joy Inc give each year?
Peace Love & Joy Inc gave $23K across 4 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $13K across 2 grants.
What is Peace Love & Joy Inc's typical grant size?
Peace Love & Joy Inc's median grant in 2025 was $5,500, and its average grant was $5,790, across 4 grants on its 2025 IRS Form 990-PF.
Where does Peace Love & Joy Inc give grants?
Peace Love & Joy Inc's top state is Virginia, with 47% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were District of Columbia (31%) and New York (22%).
Does Peace Love & Joy Inc give general operating support?
Yes: 100% of Peace Love & Joy Inc's 2025 grants with a stated purpose (4 of 4) were for general or operating support, per its 2025 IRS Form 990-PF.
How large is Peace Love & Joy Inc?
Peace Love & Joy Inc reported $106K in total assets on its 2025 IRS Form 990-PF. It paid out $23K in qualifying distributions that year, against a required minimum of $8K (roughly 5% of its investment assets).
What is Peace Love & Joy Inc's EIN?
Peace Love & Joy Inc's EIN (Employer Identification Number) is 22-2559525. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS October 13, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS June 21, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS October 26, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS September 17, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 8, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS April 11, 2026)
- IRS filings on file for fiscal years 2020–2025
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Figures come from Peace Love & Joy Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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