Pep Foundation Inc

Private foundation Summit, NJ EIN: 22-3376822

Pep Foundation Inc is a private foundation, 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.

Pep Foundation Inc at a glance

Total assets
$1,673,074
+15.0% vs 2024
Revenue (2025)
$1,292,451
+30.3% vs 2024
Qualifying distributions (2025)
$1,054,188
+9.1% vs 2024
Expenses (2025)
$1,073,893
+9.2% vs 2024
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated October 2026.

Your AI grants department

Ready to take the next step with Pep Foundation Inc?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesQualifying DistributionsNet Investment Income
2025$1,673,074$1,292,451$1,073,893$1,054,188$35,756
2024$1,455,041$991,956$983,008$966,003$33,379
2023$1,448,463$1,097,937$994,809$978,875$8,424
2022$1,343,638$866,667$909,350$881,260—
2021$1,386,007$653,024$791,683$773,316$24
2020$1,524,864$862,494$722,703——

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'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 October 2026. Sourced from IRS Form 990-PF filings.

Data update history

(7)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS April 6, 2022)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS August 23, 2023)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS August 23, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 9, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS April 1, 2025)
  6. Updated Form 990-PF for fiscal year 2025 (received by the IRS February 27, 2026)
  7. IRS filings on file for fiscal years 2020–2025

Explore Open Grants

Browse active grant opportunities in Pep Foundation Inc's focus areas in our free grants database

Similar Funders

Similar funders in New Jersey

The Robert Wood Johnson Foundation

Princeton, NJ

The Robert Wood Johnson Foundation funds efforts to improve health and health equity in the United States, including systems change addressing structural barriers to health. In 2024, its grants ranged from $125 to $12.15 million, with a median of $40,000. It typically funds through targeted programs and partnerships; whether it accepts unsolicited requests is not stated.

Philanthropy, Voluntarism & Grantmaking

Assets

$13.4B

Grants

3,093

Total Given

$622.6M

Community Foundation of New Jersey

Morristown, NJ

The Community Foundation of New Jersey supports a broad range of causes, including arts, education, health, human services, and the environment, through donor-directed and other charitable funds. Its 2024 itemized grants had a median of $19,759, with awards ranging widely; its current health grant opportunity serves Morris and Somerset counties. Eligible New Jersey nonprofits may apply to specific grant opportunities, subject to each opportunity’s guidelines.

Assets

$1.0B

Grants

1,321

Total Given

$93.8M

Crane Fund for Widows and Children

Englewood Cliffs, NJ

The Crane Fund for Widows and Children supports charitable organizations, including those working in healthcare and social services, children’s services, recreation, and basic needs, with grants across multiple states. Its 2024 grants ranged from $2,000 to $45,000, with a median of $4,500; it funds only preselected organizations and does not accept unsolicited requests.

Assets

$1.6M

Grants

985

Total Given

$4.5M

The Hyde and Watson Foundation

Warren Township, NJ

The Hyde and Watson Foundation funds capital projects in human services, education, health, arts and culture, and the environment. Most awards are $5,000–$20,000, with a 2024 median of $10,000, for eligible nonprofits in New York City and Essex, Morris, and Union counties in New Jersey. It accepts applications through an online portal during its stated application periods; the profile does not say whether it accepts unsolicited requests.

Assets

$88.2M

Grants

611

Total Given

$6.1M

Princeton Area Community Foundation Inc

Princeton, NJ

The foundation supports nonprofits and community programs in areas such as basic needs, education, health, housing, arts, and the environment, with competitive grants focused on under-resourced communities and women and girls. Its 2024 grants had a median of $15,000, and its discretionary grantmaking primarily serves Mercer County and nearby parts of New Jersey and eastern Bucks County, Pennsylvania. The profile describes competitive programs but does not state whether unsolicited requests are accepted.

Philanthropy, Voluntarism & Grantmaking

Assets

$279.6M

Grants

515

Total Given

$31.3M

Oceanfirst Foundation

Toms River, NJ

OceanFirst Foundation funds nonprofits working in health and wellness, housing, youth development and education, economic stability, quality of life, and higher education in communities served by OceanFirst Bank. In 2025 it awarded grants of $50 to $55,000, with a median of $2,200. It does not limit giving to preselected organizations; prospective applicants are directed to contact the foundation to discuss fit before applying through its online portal.

Philanthropy, Voluntarism & Grantmaking

Assets

$6.1M

Grants

425

Total Given

$1.6M

More similar funders

More Funders in New Jersey

The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Pep Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

Pep Foundation Inc down — hundreds of funders to go?

Want AI to do this for you?