Perry & Teresa Pearson Foundation Inc
Perry & Teresa Pearson Foundation Inc is a private foundation based in Salt Lake City, Utah. The foundation was established in 1991 and operates as a 501(c)(3) tax-exempt organization.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.5M
+6.5% YoY
Annual Giving
$143K
-13.2% YoY
Grant Count
21
+10.5% YoY
Avg Grant Size
$7K
-21.5% YoY
Under IRS private-foundation payout rules, Perry & Teresa Pearson Foundation Inc reported a distributable amount of $132K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's grant-making priorities include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Arts, Culture & Humanities
- Arts Access & Participation
- Creative Writing
- Community and School Garden Programs
- Environmental Education
Grantmaking
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- Iowa
- Arizona
- Illinois
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Total Assets: $1,467,413 (as of 2024)
Total Giving: $143,370 (most recent fiscal year)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,467,413 | $1,378,497 | $1,442,409 |
| Revenue | $268,601 | $133,221 | $114,807 |
| Expenses | $179,687 | $197,132 | $185,708 |
| Qualifying Distributions | $143,370 | $165,256 | $151,315 |
| Net Investment Income | $230,770 | $121,526 | $101,640 |
| Distributable Amount | $132,482 | $123,572 | $132,135 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
104 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Pearson Lakes Art Center ($48,000), Bedell YMCA ($20,000), Opportunity International ($18,750).
| Recipient | Purpose | Amount |
|---|---|---|
| Ability 360 Inc Phoenix, AZ | Charitable | $5,000 |
| Alzheimers Association Chicago, IL | Charitable | $8,500 |
| Bedell YMCA Spirit Lake, IA | Charitable | $20,000 |
| Boyce Thompson Aboretum Superior, AZ | Educational | $2,000 |
| Camp Foster Spirit Lake, IA | Charitable | $1,600 |
| Dickinson County Nature Center Okoboji, IA | Educational | $250 |
| Dickinson County Trails Okoboji, IA | Educational | $3,000 |
| Feed My Starving Children Coon Rapids, MN | Charitable | $4,000 |
| Friends of Lakeside Lab Milford, IA | Educational | $2,050 |
| Jazzed Up Big Band Arnolds Park, IA | Charitable | $2,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PERRY PEARSON | PRES P/T | 1 | — |
| TERESA PEARSON | VP P/T | 1 | — |
| LONNIE WOLLIN | SECY P/T | 1 | — |
Contact Information
Address: C/O L Wollin, 3595 E Supernal Circle, Salt Lake City, UT 84121-0000
EIN: 13-3636275
Frequently Asked Questions
What does Perry & Teresa Pearson Foundation Inc fund?
The foundation's grant-making priorities include: • Education • Philanthropy, Voluntarism & Grantmaking • Arts, Culture & Humanities • Arts Access & Participation • Creative Writing • Community and School Garden Programs • Environmental Education
How do I apply for a grant from Perry & Teresa Pearson Foundation Inc?
**Grant Amounts:** Typical awards range from $90 to $57,875. **Annual Giving:** The foundation distributed $143,370 in grants based on its most recent IRS Form 990 filing (2024).
Where does Perry & Teresa Pearson Foundation Inc make grants?
The foundation primarily funds organizations in: • Iowa • Arizona • Illinois
What size grants does Perry & Teresa Pearson Foundation Inc award?
In 2024, Perry & Teresa Pearson Foundation Inc awarded 21 grants totaling $143K — an average of about $7K per grant, based on its IRS Form 990 filings.
How much is Perry & Teresa Pearson Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Perry & Teresa Pearson Foundation Inc reported a distributable amount of $132K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Perry & Teresa Pearson Foundation Inc's EIN?
Perry & Teresa Pearson Foundation Inc's EIN (Employer Identification Number) is 13-3636275. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Perry & Teresa Pearson Foundation Inc's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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