Peravid Foundation Agency
Peravid Foundation Agency is a private foundation based in Milwaukee, Wisconsin. It primarily makes grants to educational, cultural, youth, environmental, and community-support organizations in Minnesota.
Peravid Foundation Agency at a glance
In short: Peravid Foundation Agency gave $533K across 53 grants in 2024 (avg $10K), mostly in Minnesota. 6% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $533,400
- +8.1% vs 2023
- Grants made (2024)
- 53
- -1.9% vs 2023
- Average grant
- $10,064
- +10.1% vs 2023
- Median grant
- $3,000
- Total assets
- $8,386,784
- +3.7% vs 2023
- New grantees (estimate)
- 6% first-time grantees (3 of 53, 2024)
- Primary geography
- Minnesota (84% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Peravid Foundation Agency
- How to Apply
-
Applications may be submitted in letter form outlining the request, with supporting materials at the applicant’s discretion. The foundation does not make grants to individuals or organizations requiring expenditure responsibility.
- Review Cycle
- November 1.
- Deadline
- November 1.
- Contact
Application contact: Ruby Pediangco
Mailing address: 800 Nicollet Mall, Minneapolis, MN 55402
Phone: (612) 303-2847
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Peravid Foundation Agency funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Guthrie Theatre ($105K). Together the top 10 received $388K.
Grant Size Distribution
263 grants across all recorded years
The most common grant size was under $50K: 249 grants of 263 (95%).
Geographic Focus
Where this funder awards grants
The foundation’s 2024 grant dollars were concentrated in Minnesota (84%) and Massachusetts (15%), with 1% going to Colorado. California and New York each accounted for 0% of grant dollars. Its filing describes Minnesota as the primary location for its grants.
Grant Distribution by State
Share of 2024 grant dollars across all 53 itemized grants.
Cities
Is Peravid Foundation Agency open to new grantees?
6%
first-time grantees, 2024
In 2024, 3 of 53 grantees (6%) were first-time recipients. First grants averaged $3K; repeat grants $10K. How we count
Medians: $5K first-time, $3K repeat.
- 89% of 2024 grantees were also funded in 2023. Method
- Giving grew 25% from 2021 to 2024. Method
- In 2024 it paid out 91% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $419K (2020) to $533K (2024). In 2024 it made 53 grants totaling $533K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Guthrie Theatre Minneapolis, MN | General Operating | $105,000 |
| Arts Partnership Saint Paul, MN | General Operating | $75,000 |
| Minneapolis Institute of Arts Minneapolis, MN | General Operating | $60,000 |
| Beacon Interfaith Housing Collab St. Paul, MN | General Operating | $40,000 |
| Ordway Center for Performing Arts St. Paul, MN | General Operatng | $35,000 |
| Twin Cities Public Television St. Paul, MN | General Operating | $20,000 |
| Community Foundation of Nantucket Nantucket, MA | General Operating | $17,500 |
| Pillsbury United Communities Minneapolis, MN | General Operating | $15,000 |
| Minnesota Opera Minneapolis, MN | General Operating | $10,000 |
| Nantucket Cottage Hospital Nantucket, MA | General Purpose | $10,000 |
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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 | $8,386,784 | $969,626 | $668,781 | $533,400 | 53 | $540,663 | $847,347 | $595,840 |
| 2023 | $8,088,147 | $926,098 | $617,776 | $493,500 | 54 | $504,885 | $820,378 | $512,057 |
| 2022 | $7,785,307 | $499,242 | $591,845 | $467,500 | 51 | $478,748 | $398,860 | $482,979 |
| 2021 | $7,894,849 | $1,342,876 | $538,237 | $427,000 | 56 | $439,487 | $1,234,580 | $524,336 |
| 2020 | $7,097,321 | $415,099 | $513,980 | $419,333 | 49 | — | $297,759 | $410,284 |
Under IRS private-foundation payout rules, Peravid Foundation Agency reported a distributable amount of $596K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s filing identifies educational, cultural, youth, environmental, and community-support organizations as its primary grant recipients, particularly in Minnesota. Its 2024 grantees illustrate this range: Twin Cities Public Television describes its mission as enriching lives and strengthening community through media; Pillsbury United Communities describes itself as a community builder working toward a just society; and the Nantucket Conservation Foundation describes its work as protecting and stewarding land and coastal shoreline and conserving natural resources.
Other 2024 recipients included arts and cultural organizations. For example, the Walker Art Center says it empowers people to experience the possibilities of art and ideas, while VocalEssence says it champions choral music through performances, commissions, and community engagement.
Grantmaking
In 2024, the foundation gave $533,400 through 53 grants. Grants ranged from $400 to $105,000, with a median of $3,000. The largest grants included $105,000 to Guthrie Theatre, $75,000 to Arts Partnership, $60,000 to Minneapolis Institute of Arts, and $40,000 to Beacon Interfaith Housing Collab. Each was listed for general operating support. Other notable grants included $35,000 to Ordway Center for Performing Arts for general operating support and $20,000 to Twin Cities Public Television for general operating support.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists David M. Lilly Jr. as president and treasurer, Diane P. Lilly as director, and Ruby Pediangco as secretary.
Peravid Foundation Agency is led by David M. Lilly Jr., President & Treasurer on every filing since 2020; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
David M. Lilly Jr.
President & Treasurer
On filings since 2020
No compensation reported
Diane P. Lilly
Director
On filings since 2020
No compensation reported
Ruby Pediangco
Secretary
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 Peravid Foundation Agency
How much does Peravid Foundation Agency give each year?
Peravid Foundation Agency gave $533K across 53 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $494K across 54 grants.
What is Peravid Foundation Agency's typical grant size?
Peravid Foundation Agency's median grant in 2024 was $3,000, and its average grant was $10,064, across 53 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Peravid Foundation Agency that year got $3K on average.
Where does Peravid Foundation Agency give grants?
Peravid Foundation Agency gives mostly in Minnesota: 84% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Massachusetts (15%). The most frequent recipient cities were Minneapolis, MN (20 grants), Nantucket, MA (13 grants) and St. Paul, MN (12 grants).
Does Peravid Foundation Agency give general operating support?
Yes: 100% of Peravid Foundation Agency's 2024 grants with a stated purpose (53 of 53) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Peravid Foundation Agency's largest grantees?
Peravid Foundation Agency's largest 2024 grantees include Guthrie Theatre ($105,000), Arts Partnership ($75,000) and Minneapolis Institute of Arts ($60,000), according to its 2024 IRS Form 990-PF. Together they received 45% of its itemized 2024 grant dollars.
How large is Peravid Foundation Agency?
Peravid Foundation Agency reported $8.4M in total assets on its 2024 IRS Form 990-PF. It paid out $541K in qualifying distributions that year, against a required minimum of $596K (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 does Peravid Foundation Agency fund?
The foundation’s filing identifies educational, cultural, youth, environmental, and community-support organizations as its primary grant recipients, particularly in Minnesota. See mission & focus areas ↑
How do I apply for a grant from Peravid Foundation Agency?
Applications may be submitted in letter form outlining the request, with supporting materials at the applicant’s discretion. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Peravid Foundation Agency's EIN?
Peravid Foundation Agency's EIN (Employer Identification Number) is 41-2008607. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 12, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 10, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 14, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 7, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 9, 2025)
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). Peravid Foundation Agency funder profile. GrantGraph. Retrieved October 14, 2026, from https://grantable.co/funders/peravid-foundation-agency-morg_da7112167a8c4788a1dbde6d5eb86ded
BibTeX
@misc{grantable_412008607_2026,
author = {{Grantable}},
title = {{Peravid Foundation Agency funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/peravid-foundation-agency-morg_da7112167a8c4788a1dbde6d5eb86ded},
note = {Accessed 2026-10-14. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Peravid Foundation Agency'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.
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