Pessin John E Foundation Trust

DETROIT, MI EIN: 20-5173303

Pessin John E Foundation Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DETROIT, MI. IRS filing data is available from 2020 through 2022. In 2022, it awarded 3 grants totaling $530.

Financial Overview

From 2022 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$530

-100.0% YoY

Grant Count

-70.0% YoY

Avg Grant Size

$176.667

-100.0% YoY

Under IRS private-foundation payout rules, Pessin John E Foundation Trust reported a distributable amount of $227 for 2022 — the minimum it must pay out in qualifying distributions.

About Pessin John E Foundation Trust

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

California $2.1M (34%)

District of Columbia $2.1M (33%)

New York $2.0M (31%)

Virginia $100K (2%)

States

California District of Columbia New York Virginia

Cities

AlamoAlbanyAntiochArlingtonNew YorkWalnut CreekWashington

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2022	2021	2020
Total Assets	—	$12,086	$4,603,817
Revenue	$5	$1,168,978	$317,868
Expenses	$12,091	$5,758,935	$665,069
Qualifying Distributions	$550	$5,701,941	—
Net Investment Income	—	$1,115,525	$208,800
Distributable Amount	$227	$89,269	$241,336

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2022

Grant Size Distribution

16 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2022 grants, the largest include Humane Society of the Us ($212), Spca International ($212), Tony La Russa's Animal ($106).

Recipient	Purpose	Amount
HUMANE SOCIETY OF THE US WASHINGTON, DC	SUPPORT OF DAILY OPERATIONS	$212
TONY LA RUSSA'S ANIMAL WALNUT CREEK, CA	SUPPORT OF DAILY OPERATIONS	$106
SPCA INTERNATIONAL NEW YORK, NY	SUPPORT OF DAILY OPERATIONS	$212

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2022 IRS filing

From 2022 filing

Name	Title	Hours	Compensation
COMERICA BANK TRUST NA	TRUSTEE	1	$200

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Pessin John E Foundation Trust?

Pessin John E Foundation Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DETROIT, MI. It holds — in total assets as of 2022.

Where does Pessin John E Foundation Trust operate?

Pessin John E Foundation Trust has awarded grants in California, District of Columbia, New York, Virginia.

What size grants does Pessin John E Foundation Trust award?

In 2022, Pessin John E Foundation Trust awarded 3 grants totaling $530 — an average of about $176.667 per grant, based on its IRS Form 990 filings.

How much is Pessin John E Foundation Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2022, Pessin John E Foundation Trust reported a distributable amount of $227 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Pessin John E Foundation Trust's EIN?

Pessin John E Foundation Trust's EIN (Employer Identification Number) is 20-5173303. IRS Form 990 filing data is available on this page for 2020–2022.