The Pegasus Springs Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in READING, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 6 grants totaling $246K. Net investment income was $238K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.6M
+1.3% YoY
Annual Giving
$246K
+7.9% YoY
Grant Count
6
-14.3% YoY
Avg Grant Size
$41K
+25.9% YoY
About The Pegasus Springs Foundation
Based on IRS filings
The Pegasus Springs Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in READING, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 6 grants totaling $246K. Net investment income was $238K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,636,051 | $1,614,799 | $1,655,744 |
| Revenue | $179,525 | $255,051 | $270,325 |
| Expenses | $261,684 | $242,675 | $402,947 |
| Qualifying Distributions | $246,300 | $228,200 | $385,500 |
| Net Investment Income | $238,316 | $53,616 | $120,959 |
| Distributable Amount | $82,643 | $85,819 | $82,878 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
25 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Lorraine Martin | President | 10 | — |
| Craig Martin | Director | 10 | — |
| Lorraine Martin | Treasurer | 10 | — |
| Craig Martin | Clerk | 10 | — |
| Lorraine Martin | Director | 10 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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