Karen & Drew Peslar Foundation

Organization Overview

Karen & Drew Peslar Foundation is located in Birmingham, MI. The organization was established in 1998. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Karen & Drew Peslar Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Karen & Drew Peslar Foundation generated $920.3k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 24.0% each year . All expenses for the organization totaled $636.3k during the year ending 12/2021. While expenses have increased by 11.2% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Karen & Drew Peslar Foundation has awarded 44 individual grants totaling $853,385. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $51
Dividends & Interest $92,561
Net Rental Income$0
Net Gain on Sale of Assets $827,476
Capital Gain Net Income $827,476
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $209
Total Revenue $920,297

Grants Awarded

Over the last fiscal year, Karen & Drew Peslar Foundation has awarded $427,893 in support to 22 organizations.

Grant RecipientAmount

LOYOLA HIGH SCHOOL

PURPOSE: FOR EDUCATIONAL PROGRAMMING

$199,393

DETROIT HISTORICAL SOCIETY

Org PageRecipient Profile

Detroit, MI

PURPOSE: FOR EDUCATIONAL PROGRAMMING

$50,000

FORGOTTEN HARVEST

Org PageRecipient Profile

Oak Park, MI

PURPOSE: FOR ASSISTANCE TO NEEDY FAMILIES

$20,000

DETROIT INSTITUTE OF ARTS

Org PageRecipient Profile

Detroit, MI

PURPOSE: FOR PROGRAMMING

$20,000

CRANBROOK INSTITUTE OF SCIENCE

PURPOSE: FOR EDUCATIONAL PROGRAMMING

$16,000

THE NATURE CONSERVANCY - MICHIGAN CHAPTER

PURPOSE: FOR PROGRAMMING

$15,000
View Grant Profile

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