Perseid Foundation (formerly Tennessee

LOUISVILLE, TN EIN: 62-1617593

Perseid Foundation (formerly Tennessee is a private foundation focused on Arts, Culture & Humanities, based in LOUISVILLE, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5K in total assets. In 2024, it awarded 2 grants totaling $75K. Net investment income was $112K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$5K

-90.9% YoY

Annual Giving

$75K

-41.8% YoY

Grant Count

2

+0.0% YoY

Avg Grant Size

$38K

-41.8% YoY

About Perseid Foundation (formerly Tennessee

Based on IRS filings

Perseid Foundation (formerly Tennessee is a private foundation focused on Arts, Culture & Humanities, based in LOUISVILLE, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5K in total assets. In 2024, it awarded 2 grants totaling $75K. Net investment income was $112K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

CambridgeMiddlesboro

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$75K$150K$225K$299K20202021202220232024
Metric202420232022
Total Assets$5,228$57,328$118
Revenue$131,938$272,148
Expenses$184,038$214,938
Qualifying Distributions$75,000$128,918
Net Investment Income$112,018$196,581
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$32K$64K$97K$129K0 grants20200 grants20210 grants20222 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Massachusetts Institute …$50KAurelia Institute$25K

Grant Size Distribution

4 grants across all recorded years

2<$50K1$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Massachusetts Institute of Technology - Space Exploration Institute ($50,000), Aurelia Institute ($25,000).

RecipientPurposeAmount
Aurelia Institute Cambridge, MAPerseid Foundation donated this money to Aurelia Institute to sponsor a STEM camp for children in Massachusetts.$25,000
Massachusetts Institute of Technology - Space Exploration Institute Cambridge, MAPerseid Foundation donated this money to MIT SEI to sponsor various initiatives by this program.$50,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
John P ShoffnerDirector / President2
Jamie S BowlingDirector / Secretary1
James J ShoffnerDirector1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Perseid Foundation (formerly Tennessee?

Perseid Foundation (formerly Tennessee is a private foundation focused on Arts, Culture & Humanities, based in LOUISVILLE, TN. It holds $5K in total assets as of 2024.

How large is Perseid Foundation (formerly Tennessee?

As of 2024, Perseid Foundation (formerly Tennessee holds $5K in total assets with $132K in annual revenue. It awarded 2 grants totaling $75K in 2024.

Where does Perseid Foundation (formerly Tennessee operate?

Perseid Foundation (formerly Tennessee has awarded grants in Kentucky, Massachusetts.

What size grants does Perseid Foundation (formerly Tennessee award?

In 2024, Perseid Foundation (formerly Tennessee awarded 2 grants totaling $75K — an average of about $38K per grant, based on its IRS Form 990 filings.

What is Perseid Foundation (formerly Tennessee's EIN?

Perseid Foundation (formerly Tennessee's EIN (Employer Identification Number) is 62-1617593. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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