Perseid Foundation (formerly Tennessee
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.
Key facts about Perseid Foundation (formerly Tennessee
- EIN
- 62-1617593
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $75,000
- Grants made (2024)
- 2
- Average grant
- $37,500
- Median grant
- $37,500
- Total assets
- $5,228
- Primary geography
- Massachusetts (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated April 2026.
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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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 2 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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 | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Massachusetts Institute of Technology - Space Exploration Institute ($50,000), Aurelia Institute ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Massachusetts Institute of Technology - Space Exploration Institute Cambridge, MA | Perseid Foundation donated this money to MIT SEI to sponsor various initiatives by this program. | $50,000 |
| Aurelia Institute Cambridge, MA | Perseid Foundation donated this money to Aurelia Institute to sponsor a STEM camp for children in Massachusetts. | $25,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| John P Shoffner | Director / President | 2 | — |
| Jamie S Bowling | Director / Secretary | 1 | — |
| James J Shoffner | Director | 1 | — |
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.