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Private Foundation · MA · Private Grantmaking Foundations

The Pegasus Springs Foundation Inc

Reading, MA  ·  EIN 826117572  ·  Website ↗  ·  990s on ProPublica ↗

Assets

$1.6M

Total Giving

$1.1M

Grants on File

19

Average Grant

$57K

Giving Radius

Where The Pegasus Springs Foundation Inc Has Given

AK — no grants on file AL — no grants on file AR — no grants on file AZ — no grants on file CA — no grants on file CO — $112K across 2 grants CT — no grants on file DC — no grants on file DE — no grants on file FL — no grants on file GA — no grants on file HI — no grants on file IA — no grants on file ID — no grants on file IL — no grants on file IN — no grants on file KS — $25K across 3 grants KY — no grants on file LA — no grants on file MA — $939K across 13 grants MD — no grants on file ME — no grants on file MI — no grants on file MN — $8K across 1 grant MO — no grants on file MS — no grants on file MT — no grants on file NC — no grants on file ND — no grants on file NE — no grants on file NH — no grants on file NJ — no grants on file NM — no grants on file NV — no grants on file NY — no grants on file OH — no grants on file OK — no grants on file OR — no grants on file PA — no grants on file RI — no grants on file SC — no grants on file SD — no grants on file TN — no grants on file TX — no grants on file UT — no grants on file VA — no grants on file VT — no grants on file WA — no grants on file WI — no grants on file WV — no grants on file WY — no grants on file
Historical grants to 10 recipients across 4 states. Top concentrations: READING ($823K, 8 grants), DENVER ($112K, 2 grants), ROXBURY ($50K, 1 grant), BOSTON ($45K, 2 grants), EMPORIA ($25K, 3 grants).

Section I

How to Apply

No application guidelines on file — check the foundation's website directly.

On Unsolicited Proposals no

Section IV

Recent Grants

Recipient Amount Year
Ma Partnership for Youth $520 2020
The School Reform Initiative $70K 2020
National Teachers Hall of Fame $5K 2020
Town of Reading $675 2020
Pegasus Springs Education Collective $222K 2020
Pegasus Springs Education Collective $120K 2021
Town of Reading $10K 2021
The School Reform Initiative $42K 2021
Town of Reading $20K 2022
L&P Educational Services $20K 2022
Pegasus Springs Education Collective $335K 2022
Natioanl Teachers Hall of Fame $10K 2022
L&P Educational Services $25K 2023
Walsh and Associates $8K 2023
Salem State $21K 2023
Metco $50K 2023
Natioanl Teachers Hall of Fame $10K 2023
Town of Reading $40K 2023
Pegasus Springs Education Collective $75K 2023

19 grants total

Section V

Board of Directors

  • Lorraine Martin President
  • Craig Martin Director
  • Lorraine Martin Treasurer
  • Craig Martin Clerk
  • Lorraine Martin Director
  • Lorraine Martin President
  • Craig Martin Director
  • Lorraine Martin Treasurer
  • Craig Martin Clerk
  • Lorraine Martin Director
  • Lorraine Martin President
  • Craig Martin Director
  • Lorraine Martin Treasurer
  • Craig Martin Clerk
  • Lorraine Martin Director
  • Lorraine Martin President
  • Craig Martin Director
  • Lorraine Martin Treasurer
  • Craig Martin Clerk
  • Lorraine Martin Director

Section VI

Filing History

Year-by-year financial summary from IRS 990-PF filings. Total assets and qualifying distributions show the foundation's growth and giving trajectory.

Year Total Assets Qualifying Distributions Total Revenue Total Expenses
2023 $1.6M $86K $255K $243K
2022 $1.7M $83K $270K $403K
2021 $1.8M $96K $309K $190K
2020 $1.6M $83K $327K $314K
2019 $1.6M $68K $489K $453K

Section VII

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