Pep Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SUMMIT, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it made $966K in qualifying distributions. Net investment income was $33K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.5M
+0.5% YoY
Revenue
$992K
-9.7% YoY
Qualifying Distributions
$966K
-1.3% YoY
Expenses
$983K
-1.2% YoY
About Pep Foundation Inc
Based on IRS filings
Pep Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SUMMIT, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it made $966K in qualifying distributions. Net investment income was $33K.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,455,041 | $1,448,463 | $1,343,638 |
| Revenue | $991,956 | $1,097,937 | $866,667 |
| Expenses | $983,008 | $994,809 | $909,350 |
| Qualifying Distributions | $966,003 | $978,875 | $881,260 |
| Net Investment Income | $33,379 | $8,424 | — |
| Distributable Amount | — | — | — |
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 2024
Grant Size Distribution
0 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TERI SUZUKI | OFFICER - PRESIDENT | 0.5 | — |
| JUDITH MCCARTHY | OFFICER - SECRETARY | 0.5 | — |
| MICHELLE DEMUTH | OFFICER - TREASURER | 0.5 | — |
| MICHAEL MA | OFFICER - VICE PRESIDENT | 0.5 | — |
| PATRICK J WELSH | SPONSOR TRUSTEE | 0.5 | — |
| CAROL A WELSH | SPONSOR TRUSTEE | 0.5 | — |
| NADINE RAY | TRUSTEE | 0.5 | — |
| MAURICE TORRES | TRUSTEE | 0.5 | — |
| MARTHA SAYRE | TRUSTEE | 0.5 | — |
| LAURIE SHEN THAM | TRUSTEE | 0.5 | — |
| LARA DREWES | TRUSTEE | 0.5 | — |
| KAREN COTTER | TRUSTEE | 0.5 | — |
| CHRISTOPHER MOON | TRUSTEE | 0.5 | — |
| AYSHA HUSSAIN | TRUSTEE | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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