The Peckerwood Foundation

SIGNAL MOUNTAIN, TN EIN: 58-1586433

The Peckerwood Foundation is a private foundation, based in SIGNAL MOUNTAIN, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.5M in total assets. In 2024, it awarded 4 grants totaling $507K. Net investment income was $89K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.5M

+9.0% YoY

Annual Giving

$507K

+114.1% YoY

Grant Count

+33.3% YoY

Avg Grant Size

$127K

+60.6% YoY

Under IRS private-foundation payout rules, The Peckerwood Foundation reported a distributable amount of $198K for 2024 — the minimum it must pay out in qualifying distributions.

About The Peckerwood Foundation

Based on IRS filings

Ready to take the next step with The Peckerwood Foundation?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Tennessee $1.4M (100%)

States

Tennessee

Cities

ChattanoogaSignal Mountain

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$4,451,888	$4,085,744	$4,115,790
Revenue	$220,433	$153,884	$380,838
Expenses	$646,185	$352,033	$209,060
Qualifying Distributions	$514,467	$262,868	$108,053
Net Investment Income	$88,715	$41,947	$170,489
Distributable Amount	$198,403	$208,980	$240,237

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Grant Size Distribution

13 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Land Purchase for Exempt Purpose of Foundation ($350,000), Mccoy Farm and Gardens ($76,000), The University of Tennessee ($49,910).

Recipient	Purpose	Amount
IMPROVEMENTS MADE FOR EXEMPT PURPOSE OF FOUNDATION SIGNAL MOUNTAIN, TN	ENVIRONMENTAL	$31,125
MCCOY FARM AND GARDENS SIGNAL MOUNTAIN, TN	ENVIRONMENTAL	$76,000
THE UNIVERSITY OF TENNESSEE CHATTANOOGA, TN	ENVIRONMENTAL	$49,910
LAND PURCHASE FOR EXEMPT PURPOSE OF FOUNDATION SIGNAL MOUNTAIN, TN	ENVIRONMENTAL	$350,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
STARR KRUESI WEEKES	TRUSTEE	—	—
PAUL JOHN KRUESI III	TRUSTEE	—	—
JULIE BEACH	MANAGER	—	—
PENNY MCGEE	MANAGER	—	—

Frequently Asked Questions

How large is The Peckerwood Foundation?

As of 2024, The Peckerwood Foundation holds $4.5M in total assets with $220K in annual revenue. It awarded 4 grants totaling $507K in 2024.

Where does The Peckerwood Foundation operate?

The Peckerwood Foundation has awarded grants in Tennessee.

What size grants does The Peckerwood Foundation award?

In 2024, The Peckerwood Foundation awarded 4 grants totaling $507K — an average of about $127K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Peckerwood Foundation reported a distributable amount of $198K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.