Allison Everett Pearson Foundation
- Assets
- $925.2k
- Revenue
- $67.3k
- Investments
- $925.2k
- Employees
- 0
- Location
- Clinton, IA
- Founding
- 08/1968
- Data as of
- 11/2023
- EIN
- 42-6122181
Organization Overview
Allison Everett Pearson Foundation is located in Clinton, IA. The organization was established in 1968. 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. Allison Everett Pearson 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 11/2023, Allison Everett Pearson Foundation generated $67.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $63.9k during the year ending 11/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Allison Everett Pearson Foundation has awarded 179 individual grants totaling $488,000. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION ACCOMPLISHES ITS CHARITABLE PURPOSE SOLELY THROUGH A PROGRAM OF MAKING CONTRIBUTIONS TO QUALIFYING CHARITABLE, EDUCATIONAL, AND RELIGIOUS ORGANIZATIONS.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $29,216 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $38,061 |
| Capital Gain Net Income | $38,061 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $67,277 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $5,607 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,235 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $8,915 |
| Contributions, gifts, grants paid | $55,000 |
| Total expenses and disbursements | $63,915 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $925,232 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $925,232 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Allison Everett Pearson Foundation has awarded $55,000 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN LEGION PURPOSE: LEGION HALL RENOVATION | $1,500 |
BRIDGEVIEW COMMUNITY MENTAL PURPOSE: BUS PASSES | $4,000 |
CLINTON SYMPHONY ORCHESTRA PURPOSE: OUTDOOR PUBLIC CONCERT | $1,000 |
COMMUNITY FOUNDATION OF PURPOSE: GRADE LEVEL READING | $4,500 |
COMMUNITY FOUNDATION OF PURPOSE: IMAGINATION LIBRARY PROJECT | $2,000 |
COMMUNITY FOUNDATION OF PURPOSE: MILITARY MEMORIAL SITE | $2,000 |