Pep Foundation Inc
Pep Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Summit, NJ. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.7M in total assets. In 2025, it made $1.1M in qualifying distributions. Net investment income was $36K.
Key facts about Pep Foundation Inc
- EIN
- 22-3376822
- Latest 990 filing
- Form 990-PF, 2025
- Total assets
- $1,673,074
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$1.7M
+15.0% YoY
Revenue
$1.3M
+30.3% YoY
Qualifying Distributions
$1.1M
+9.1% YoY
Expenses
$1.1M
+9.2% YoY
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Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2025
Grant Size Distribution
0 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2025.
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $1,673,074 | $1,455,041 | $1,448,463 |
| Revenue | $1,292,451 | $991,956 | $1,097,937 |
| Expenses | $1,073,893 | $983,008 | $994,809 |
| Qualifying Distributions | $1,054,188 | $966,003 | $978,875 |
| Net Investment Income | $35,756 | $33,379 | $8,424 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS April 6, 2022)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS August 23, 2023)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS August 23, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 9, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 1, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS February 27, 2026)
- IRS filings on file for fiscal years 2020–2025
Leadership & Key People
Officers and directors from IRS filings
Pep Foundation Inc is led by Teri Suzuki, Officer - President since 2024 (on filings since 2020); none of the 14 officers listed in 2025 report compensation.
Officers on the 2025 filing
Teri Suzuki
Officer - President
Trustee → President, 2023
President → Officer - President, 2024
On filings since 2020
0.5 hrs/week
No compensation reported
Carol A. Welsh
Sponsor Trustee
Trustee → Sponsor Trustee, 2023
On filings since 2020
0.5 hrs/week
No compensation reported
Christopher Moon
Trustee
On filings since 2020
0.5 hrs/week
No compensation reported
Martha Sayre
Trustee
Trustee → Interim Executive Director, 2023
Interim Executive Director → Trustee, 2024
On filings since 2020
0.5 hrs/week
No compensation reported
Patrick J. Welsh
Sponsor Trustee
Trustee → Sponsor Trustee, 2023
On filings since 2020
0.5 hrs/week
No compensation reported
Lara Drewes
Trustee
On filings since 2022
0.5 hrs/week
No compensation reported
Laurie Shen Tham
Trustee
On filings since 2023
0.5 hrs/week
No compensation reported
Maurice Torres
Trustee
On filings since 2023
0.5 hrs/week
No compensation reported
Karen Cotter
Trustee
On filings since 2024
0.5 hrs/week
No compensation reported
Nadine Ray
Trustee
On filings since 2024
0.5 hrs/week
No compensation reported
Tonyamarie Ramsay
Trustee
New on the 2025 filing
0.5 hrs/week
No compensation reported
Michael Ma
Officer - Vice President
Trustee → Vice President, 2023
Vice President → Officer - Vice President, 2024
On filings since 2020
0.5 hrs/week
No compensation reported
Michelle Demuth
Officer - Treasurer
Trustee → Treasurer, 2023
Treasurer → Officer - Treasurer, 2024
On filings since 2020
0.5 hrs/week
No compensation reported
Judith McCarthy
Officer - Secretary
Trustee → Secretary, 2023
Secretary → Officer - Secretary, 2024
On filings since 2022
0.5 hrs/week
No compensation reported
Former officers (8)
- Former: Aysha Hussain (2022–2024) — Trustee
- Former: Michelle Moon (2020–2023) — Secretary
- Former: Michael Block (2022–2023) — Trustee
- Former: Lynnette Diaz (2022) — Trustee
- Former: Donna Fisk (2020–2021) — Trustee
- Former: Lauren Nakachi (2020–2021) — Trustee
- Former: Roby Weinreich (2020–2021) — Trustee
- Former: Samantha Kanter (2020–2021) — Trustee
Data from IRS Form 990 filings, 2020–2025. "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 Pep Foundation Inc
How large is Pep Foundation Inc?
Pep Foundation Inc reported $1.7M in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $1.3M.
What is Pep Foundation Inc?
Pep Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Summit, NJ. It holds $1.7M in total assets as of 2025.
What is Pep Foundation Inc's EIN?
Pep Foundation Inc's EIN (Employer Identification Number) is 22-3376822. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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