The Pearson Foundation

EVANSVILLE, IN EIN: 35-6015590

The Pearson Foundation is a private foundation, based in EVANSVILLE, IN. IRS filing data is available from 2020 through 2021. In 2021, it awarded 8 grants totaling $174K. Net investment income was $1K.

Financial Overview

From 2021 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$174K

+2594.7% YoY

Grant Count

-20.0% YoY

Avg Grant Size

$22K

+3268.4% YoY

Under IRS private-foundation payout rules, The Pearson Foundation reported a distributable amount of $13K for 2021 — the minimum it must pay out in qualifying distributions.

About The Pearson Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

California $169K (94%)

Indiana $7K (4%)

Kentucky $3K (2%)

New York $600 (0%)

Georgia $100 (0%)

Tennessee $100 (0%)

States

California Georgia Indiana Kentucky New York Tennessee

Cities

AtlantaCorydonEvansvilleLaLos AngelesLouisvilleMemphisNew YorkSan Francisco

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2021	2020
Total Assets	—	$171,694
Revenue	$4,017	$3,139
Expenses	$175,711	$6,479
Qualifying Distributions	$173,807	—
Net Investment Income	$1,307	$3,110
Distributable Amount	$13,322	$11,780

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2021

Grant Size Distribution

18 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2021 grants, the largest include Schwab Charitable Fund ($166,335), Temple B'nai Israel ($1,500), The Temple ($1,500).

Recipient	Purpose	Amount
TEMPLE B'NAI ISRAEL EVANSVILLE, IN	RELIGIOUS PURPOSES	$1,500
THE TEMPLE LOUISVILLE, KY	RELIGIOUS PURPOSES	$1,500
EVANSVILLE JEWISH COMMUNITY COUNCIL EVANSVILLE, IN	RELIGIOUS PURPOSES	$1,500
STANDWITHUS LOS ANGELES, CA	CHARITABLE GIFT	$1,000
FRATERNAL ORDER OF POLICE - EVANSVI EVANSVILLE, IN	CHARITABLE GIFT	$50
HEARTLAND EQUINE RESCUE CORYDON, IN	CHARITABLE GIFT	$1,000
SCHWAB CHARITABLE FUND SAN FRANSISCO, CA	CHARITABLE	$166,335
SCHWAB CHARITABLE FUND SAN FRANSISCO, CA	CHARITABLE	$922

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2021 IRS filing

From 2021 filing

Name	Title	Hours	Compensation
CYNTHIA E PEARSON	TRUSTEE	—	—
CHARLES S PEARSON	TRUSTEE	—	—

Frequently Asked Questions

Where does The Pearson Foundation operate?

The Pearson Foundation has awarded grants in California, Georgia, Indiana, Kentucky, New York, Tennessee.

What size grants does The Pearson Foundation award?

In 2021, The Pearson Foundation awarded 8 grants totaling $174K — an average of about $22K per grant, based on its IRS Form 990 filings.

How much is The Pearson Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2021, The Pearson Foundation reported a distributable amount of $13K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.