Pearson-Rappaport Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ALBANY, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 22 grants totaling $293K. Net investment income was $277K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.5M
-1.4% YoY
Annual Giving
$293K
+11.8% YoY
Grant Count
22
+4.8% YoY
Avg Grant Size
$13K
+6.7% YoY
Under IRS private-foundation payout rules, Pearson-Rappaport Foundation reported a distributable amount of $145K for 2024 — the minimum it must pay out in qualifying distributions.
About Pearson-Rappaport Foundation
Based on IRS filings
Pearson-Rappaport Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ALBANY, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 22 grants totaling $293K. Net investment income was $277K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,488,146 | $1,508,794 | $1,645,755 |
| Revenue | $289,715 | $143,897 | $266,971 |
| Expenses | $310,363 | $280,858 | $295,022 |
| Qualifying Distributions | $297,945 | $267,099 | $281,703 |
| Net Investment Income | $277,297 | $130,192 | $255,652 |
| Distributable Amount | $145,354 | $151,205 | $153,561 |
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
46 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Lost Tree Foundation ($75,000), Island Grown Initiative ($50,000), Martha's Vineyard Community Service ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Harbor Homes of Martha's Vineyard Vineyard Haven, MA | General Purpose | $2,500 |
| Island Grown Initiative Vineyard Haven, MA | General Purpose | $50,000 |
| Loggerhead Marinelife Center Juno Beach, FL | General Purpose | $10,000 |
| Lost Tree Foundation North Palm Beach, FL | General Purpose | $75,000 |
| Martha's Vineyard Museum Vineyard Haven, MA | General Purpose | $5,000 |
| Palm Beach County Food Bank Lake Worth Beach, FL | General Purpose | $10,000 |
| Red Stocking Fund Inc Edgartown, MA | General Purpose | $10,000 |
| Storm King Art Center New Windsor, NY | General Purpose | $10,000 |
| The Pet Cottage Jupiter, FL | General Purpose | $11,000 |
| VGC Foundation Edgartown, MA | General Purpose | $500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Jill P Rappaport | Trustee | 1 | — |
| Alan H Rappaport | Trustee | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Pearson-Rappaport Foundation?
Pearson-Rappaport Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ALBANY, NY. It holds $1.5M in total assets as of 2024.
How large is Pearson-Rappaport Foundation?
As of 2024, Pearson-Rappaport Foundation holds $1.5M in total assets with $290K in annual revenue. It awarded 22 grants totaling $293K in 2024.
Where does Pearson-Rappaport Foundation operate?
Pearson-Rappaport Foundation has awarded grants in Connecticut, District of Columbia, Florida, Kentucky, Massachusetts, Maryland, New York.
What size grants does Pearson-Rappaport Foundation award?
In 2024, Pearson-Rappaport Foundation awarded 22 grants totaling $293K — an average of about $13K per grant, based on its IRS Form 990 filings.
How much is Pearson-Rappaport Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Pearson-Rappaport Foundation reported a distributable amount of $145K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Pearson-Rappaport Foundation's EIN?
Pearson-Rappaport Foundation's EIN (Employer Identification Number) is 06-1484929. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Pearson-Rappaport 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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