Pearson Family Foundation is a private foundation focused on Diseases, Disorders & Medical Disciplines, based in MIDLOTHIAN, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $390K in total assets. In 2024, it awarded 7 grants totaling $93K. Net investment income was $19K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$390K
+37.0% YoY
Annual Giving
$93K
-15.0% YoY
Grant Count
7
+0.0% YoY
Avg Grant Size
$13K
-15.0% YoY
Under IRS private-foundation payout rules, Pearson Family Foundation reported a distributable amount of $18K for 2024 — the minimum it must pay out in qualifying distributions.
About Pearson Family Foundation
Based on IRS filings
Pearson Family Foundation is a private foundation focused on Diseases, Disorders & Medical Disciplines, based in MIDLOTHIAN, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $390K in total assets. In 2024, it awarded 7 grants totaling $93K. Net investment income was $19K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $390,025 | $284,778 | $380,029 |
| Revenue | $198,657 | $15,185 | $29,397 |
| Expenses | $93,410 | $110,108 | $48,032 |
| Qualifying Distributions | $93,410 | $110,108 | $48,032 |
| Net Investment Income | $18,871 | $16,585 | $27,311 |
| Distributable Amount | $17,768 | $16,871 | $18,896 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
39 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include University of Richmond ($45,000), Youth Life Foundation of Richmond ($26,500), East West Communities Foundation ($7,500).
| Recipient | Purpose | Amount |
|---|---|---|
| Wounded Warrior Richmond, VA | Continue to fundorganizations primary stated purpose | $200 |
| East West Communities Foundation Midlothian, VA | Continue to fundorganizations primary stated purpose | $7,500 |
| Youth Life Foundation of Richmond Richmond, VA | Continue to fundorganizations primary stated purpose | $26,500 |
| Little Hands of Virginia Glen Allen, VA | Continue to fundorganizationsprimary stated purpose | $1,000 |
| Steward School Richmond, VA | Continue to fundorganizationsprimary stated purpose | $7,500 |
| Collegiate School Richmond, VA | Continue to fundorganizationsprimary stated purpose | $5,000 |
| University of Richmond Richmond, VA | Continue to fundorganizationsprimary stated purpose | $45,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Larry G Pearson | Director | 1 | — |
| Kathryn H Pearson | Director | 1 | — |
| Christopher Pearson | Director | 1 | — |
| Kathryn E Pearson | Director | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Pearson Family Foundation?
Pearson Family Foundation is a private foundation focused on Diseases, Disorders & Medical Disciplines, based in MIDLOTHIAN, VA. It holds $390K in total assets as of 2024.
How large is Pearson Family Foundation?
As of 2024, Pearson Family Foundation holds $390K in total assets with $199K in annual revenue. It awarded 7 grants totaling $93K in 2024.
Where does Pearson Family Foundation operate?
Pearson Family Foundation has awarded grants in Virginia.
What size grants does Pearson Family Foundation award?
In 2024, Pearson Family Foundation awarded 7 grants totaling $93K — an average of about $13K per grant, based on its IRS Form 990 filings.
How much is Pearson Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Pearson Family Foundation reported a distributable amount of $18K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Pearson Family Foundation's EIN?
Pearson Family Foundation's EIN (Employer Identification Number) is 20-8215845. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Pearson Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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