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 2025. As of 2025, the organization holds $57K in total assets. Net investment income was $52K.
Perseid Foundation (formerly Tennessee at a glance
- Total assets
- $56,914
- +988.6% vs 2024
- Revenue (2025)
- $58,999
- -55.3% vs 2024
- Net investment income (2025)
- $52,028
- -53.6% vs 2024
- Expenses (2025)
- $7,313
- -96.0% vs 2024
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Perseid Foundation (formerly Tennessee funds
How this funder distributes its grants
Grant Size Distribution
4 grants across all recorded years
The most common grant size was under $50K: 2 grants of 4 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2023 to 2024, annual grant giving ranged from $75K (2024) to $129K (2023). In 2024 it made 2 grants totaling $75K.
Grants by year
Grant recipients and amounts by year
| 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 |
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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 |
|---|---|---|---|---|---|---|---|
| 2025 | $56,914 | $58,999 | $7,313 | — | — | — | $52,028 |
| 2024 | $5,228 | $131,938 | $184,038 | $75,000 | 2 | $75,000 | $112,018 |
| 2023 | $57,328 | $272,148 | $214,938 | $128,918 | 2 | $128,918 | $196,581 |
| 2022 | $118 | — | — | — | — | — | — |
| 2021 | $118 | — | — | — | — | — | — |
| 2020 | $118 | — | — | — | — | — | — |
Leadership & Key People
Officers and directors from IRS filings
Perseid Foundation (formerly Tennessee is led by John P Shoffner, Director & President since 2023 (on filings since 2020); none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
John P Shoffner
Director & President
President & All Necessary → Director & President, 2023
On filings since 2020
2 hrs/week
No compensation reported
James J Shoffner
Director
On filings since 2023
1 hr/week
No compensation reported
Jamie S Bowling
Director & Secretary
On filings since 2023
1 hr/week
No compensation reported
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 Perseid Foundation (formerly Tennessee
How large is Perseid Foundation (formerly Tennessee?
Perseid Foundation (formerly Tennessee reported $57K in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $59K.
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 $57K in total assets as of 2025.
Where does Perseid Foundation (formerly Tennessee operate?
Perseid Foundation (formerly Tennessee has awarded grants in Kentucky, Massachusetts.
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 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
- IRS filings on file for fiscal years 2020–2024
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Figures come from Perseid Foundation (formerly Tennessee'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.
Perseid Foundation (formerly Tennessee down — hundreds of funders to go?