The Pearlstone Fund Inc

BALTIMORE, MD EIN: 52-2179370

The Pearlstone Fund Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BALTIMORE, MD. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $7.0M in total assets. In 2025, it awarded 9 grants totaling $525K. Net investment income was $2.1M.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$7.0M

+29.0% YoY

Annual Giving

$525K

+8.9% YoY

Grant Count

9

-18.2% YoY

Avg Grant Size

$58K

+33.1% YoY

Under IRS private-foundation payout rules, The Pearlstone Fund Inc reported a distributable amount of $535K for 2025 — the minimum it must pay out in qualifying distributions.

About The Pearlstone Fund Inc

Based on IRS filings

The Pearlstone Fund Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BALTIMORE, MD. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $7.0M in total assets. In 2025, it awarded 9 grants totaling $525K. Net investment income was $2.1M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

AspenBaltimoreGlendaleHesperusShepherdstownTowson

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$600K$1M$2M$2M202020212022202320242025
Metric202520242023
Total Assets$6,971,259$5,403,534$5,367,418
Revenue$2,181,169$590,101$364,528
Expenses$613,444$553,985$609,407
Qualifying Distributions$525,000$482,245$540,010
Net Investment Income$2,092,725$518,361$295,131
Distributable Amount$534,694$492,128$488,446

Giving Over Time

Total grant dollars and number of grants per year

$0$138K$276K$414K$552K12 grants202013 grants20219 grants202210 grants202311 grants20249 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2025

The Associated$400KAspen Community Foundation$39KAspen Family Connections$30KAspen Santa Fe Ballet$20KJohns Hopkins Medical Ce…$15KAspen Film$10KAn End to Ignorance$5KBelieve in Tomorrow$5KEnoch Pratt Library - Co…$1K

Grant Size Distribution

52 grants across all recorded years

45<$50K2$50–100K1$100–250K4$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include The Associated ($400,000), Aspen Community Foundation ($39,000), Aspen Family Connections ($30,000).

RecipientPurposeAmount
Enoch Pratt Library - Contemporaries Baltimore, MDGeneral purpose of organization$1,000
An End to Ignorance Baltimore, MDGeneral purpose of organization$5,000
Believe in Tomorrow Baltimore, MDGeneral purpose of organization$5,000
Aspen Film Aspen, COGeneral purpose of organization$10,000
Johns Hopkins Medical Center Baltimore, MDGeneral purpose of organization$15,000
Aspen Santa Fe Ballet Aspen, COGeneral purpose of organization$20,000
Aspen Community Foundation Aspen, COGeneral purpose of organization$39,000
The Associated Baltimore, MDGeneral purpose of organization$400,000
Aspen Family Connections Aspen, COGeneral purpose of organization$30,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

NameTitleHoursCompensation
Richard L PearlstoneVP/SEC/TREAS/Trustee0.5
Esther S PearlstonePresident / Trustee0.5
Charles J SiegelVice President and Assitant Secretary0.5
PJustin PearlstoneTrustee0.5
Sanford D SchreiberVP/ Assistant Secretary / Trustee0.5
Jacqueline PearlstoneTrustee0.5
Remy PearlstoneTrustee0.5

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Pearlstone Fund Inc?

The Pearlstone Fund Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BALTIMORE, MD. It holds $7.0M in total assets as of 2025.

How large is The Pearlstone Fund Inc?

As of 2025, The Pearlstone Fund Inc holds $7.0M in total assets with $2.2M in annual revenue. It awarded 9 grants totaling $525K in 2025.

Where does The Pearlstone Fund Inc operate?

The Pearlstone Fund Inc has awarded grants in California, Colorado, Maryland, West Virginia.

What size grants does The Pearlstone Fund Inc award?

In 2025, The Pearlstone Fund Inc awarded 9 grants totaling $525K — an average of about $58K per grant, based on its IRS Form 990 filings.

How much is The Pearlstone Fund Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, The Pearlstone Fund Inc reported a distributable amount of $535K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Pearlstone Fund Inc's EIN?

The Pearlstone Fund Inc's EIN (Employer Identification Number) is 52-2179370. IRS Form 990 filing data is available on this page for 2020–2025.

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

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