Peaster Foundation
Peaster Foundation is a private foundation, based in Flora, MS. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $213K in total assets.
Peaster Foundation at a glance
- Total assets
- $213,459
- -0.0% vs 2024
- Revenue (2025)
- $1,632
- -22.5% vs 2024
- Expenses (2025)
- $1,645
- -18.6% vs 2024
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
Who Peaster Foundation funds
How this funder distributes its grants
Grant Size Distribution
7 grants across all recorded years
The most common grant size was under $50K: 6 grants of 7 (86%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
How Peaster Foundation gives
- In 2022 it paid out well above 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 2021 to 2022, annual grant giving ranged from $34K (2022) to $221K (2021). In 2022 it made 3 grants totaling $34K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Puritan Reformed Theological Seminary Grand Rapids, MI | Religious | $32,000 |
| Consulting Services Foundation Jackson, MS | Religious | $2,000 |
| Lexington Odd Fellows Cemetery Lexington, MS | Religious | $250 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2025 | $213,459 | $1,632 | $1,645 | — | — | — | $10,513 |
| 2024 | $213,472 | $2,107 | $2,020 | — | — | — | $10,512 |
| 2023 | $213,385 | $1,282 | $1,175 | — | — | — | $10,507 |
| 2022 | $213,278 | $201,724 | $36,000 | $34,250 | 3 | $34,250 | $2,682 |
| 2021 | $47,554 | $1,063 | $221,495 | $220,500 | 4 | $220,500 | $8,223 |
| 2020 | $267,986 | $1,193 | $995 | — | — | — | $13,194 |
| 2019 | $267,788 | $269 | $2,450 | — | — | — | $13,236 |
Under IRS private-foundation payout rules, Peaster Foundation reported a distributable amount of $11K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Peaster Foundation is led by Thomas G Peaster, President, Treasurer & Director on every filing since 2019; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Thomas G Peaster
President, Treasurer & Director
On filings since 2019
No compensation reported
Laura L Peaster Nelson
Director
On filings since 2019
No compensation reported
Linda Peaster
Vice President, Secretary & Director
On filings since 2019
No compensation reported
Margaret M Peaster
Director
On filings since 2019
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "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 Peaster Foundation
How large is Peaster Foundation?
Peaster Foundation reported $213K in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $2K.
Where does Peaster Foundation operate?
Peaster Foundation has awarded grants in Georgia, Michigan, Mississippi, South Carolina.
How much is Peaster Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Peaster Foundation reported a distributable amount of $11K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Peaster Foundation's EIN?
Peaster Foundation's EIN (Employer Identification Number) is 64-0926072. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated October 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 2024 (received by the IRS September 5, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
- Added Form 990-PF for fiscal year 2019 (received by the IRS July 14, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 13, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS September 6, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS October 11, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS September 22, 2024)
Explore Open Grants
Browse active grant opportunities in Peaster Foundation's focus areas in our free grants database
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