Pelo Foundation

Private foundation · Grantmaker San Diego, CA EIN: 91-1430570
EducationReligionHuman services

Pelo Foundation is a private foundation focused on Education, based in San Diego, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $175K in total assets. In 2024, it awarded 3 grants totaling $8K. Net investment income was $32K.

Key facts about Pelo Foundation

In short: Pelo Foundation gave $8K across 3 grants in 2024 (avg $3K), mostly in California. Source: 2024 IRS Form 990-PF.

EIN
91-1430570
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$8,000
Grants made (2024)
3
Average grant
$2,667
Median grant
$2,500
Total assets
$175,196
Primary geography
California (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$175K

+16.0% YoY

Annual Giving

$8K

+0.0% YoY

Grant Count

3

+0.0% YoY

Avg Grant Size

$3K

+0.0% YoY

Under IRS private-foundation payout rules, Pelo Foundation reported a distributable amount of $9K for 2024 — the minimum it must pay out in qualifying distributions.

How Pelo Foundation gives

  • In 2024 it paid out 93% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2024 grant dollars across all 3 itemized grants.

States

Cities

San Diego

Giving Over Time

Total grant dollars and number of grants per year

$0$2K$4K$6K$8K0 grants2020 0 grants2021 0 grants2022 3 grants2023 3 grants2024

From 2023 to 2024, annual grant giving ranged from $8K (2023) to $8K (2024). In 2024 it made 3 grants totaling $8K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Urban Street Angels: $3KUrban Street Angels$3KClassroom of the Future Foundation: $3KClassroom of the FutureFoundation$3KComputers 2 Kids: $3KComputers 2 Kids$3K

The largest 2024 recipient was Urban Street Angels ($3K). Together the top 3 received $8K.

Grant Size Distribution

6 grants across all recorded years

6<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 6 grants of 6 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Urban Street Angels San Diego, CAYouth Homelessness$3,000
Classroom of the Future Foundation San Diego, CAEducation$2,500
Computers 2 Kids San Diego, CAEducation$2,500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$10K$20K$30K$40K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$175,196$151,075$154,185
Revenue$34,721$7,564$6,258
Expenses$10,515$10,640$2,577
Qualifying Distributions$8,000$8,000—
Net Investment Income$32,206$4,924$3,681
Distributable Amount$8,605$8,423$8,232

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Pelo Foundation is led by Richard L. Pelo, President on every filing since 2020 — the only officer listed, and uncompensated.

Officers on the 2024 filing

  • Richard L. Pelo

    President

    On filings since 2020

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "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 Pelo Foundation

How much does Pelo Foundation give each year?

Pelo Foundation gave $8K across 3 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $8K across 3 grants.

What is Pelo Foundation's typical grant size?

Pelo Foundation's median grant in 2024 was $2,500, and its average grant was $2,667, across 3 grants on its 2024 IRS Form 990-PF.

Where does Pelo Foundation give grants?

Pelo Foundation gives mostly in California: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were San Diego, CA (3 grants).

Does Pelo Foundation give general operating support?

Not in 2024: none of the 3 grants with a stated purpose on Pelo Foundation's 2024 IRS Form 990-PF were described as general or operating support.

How large is Pelo Foundation?

Pelo Foundation reported $175K in total assets on its 2024 IRS Form 990-PF. It paid out $8K in qualifying distributions that year, against a required minimum of $9K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What is Pelo Foundation?

Pelo Foundation is a private foundation focused on Education, based in San Diego, CA. It holds $175K in total assets as of 2024.

What is Pelo Foundation's EIN?

Pelo Foundation's EIN (Employer Identification Number) is 91-1430570. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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