Pelo Foundation
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.
Pelo Foundation at a glance
In short: Pelo Foundation gave $8K across 3 grants in 2024 (avg $3K), mostly in California. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $8,000
- +0.0% vs 2023
- Grants made (2024)
- 3
- +0.0% vs 2023
- Average grant
- $2,667
- +0.0% vs 2023
- Median grant
- $2,500
- Total assets
- $175,196
- +16.0% vs 2023
- Primary geography
- California (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Pelo Foundation funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
The largest 2024 recipient was Urban Street Angels ($3K). Together the top 3 received $8K.
Grant Size Distribution
6 grants across all recorded years
The most common grant size was under $50K: 6 grants of 6 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 3 itemized grants.
States
Cities
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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2023 to 2024, annual grant giving ranged from $8K (2023) to $8K (2024). In 2024 it made 3 grants totaling $8K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Urban Street Angels San Diego, CA | Youth Homelessness | $3,000 |
| Classroom of the Future Foundation San Diego, CA | Education | $2,500 |
| Computers 2 Kids San Diego, CA | Education | $2,500 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2024 | $175,196 | $34,721 | $10,515 | $8,000 | 3 | $8,000 | $32,206 | $8,605 |
| 2023 | $151,075 | $7,564 | $10,640 | $8,000 | 3 | $8,000 | $4,924 | $8,423 |
| 2022 | $154,185 | $6,258 | $2,577 | — | — | — | $3,681 | $8,232 |
| 2021 | $150,496 | $7,951 | $3,046 | — | — | — | $5,000 | $8,727 |
| 2020 | $145,548 | $3,467 | $3,303 | — | — | — | $3,613 | $7,910 |
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.
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.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Pelo Foundation funds
Education Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Pelo Foundation's focus areas in our free grants database
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