The Pegasus Springs Foundation

READING, MA EIN: 82-6117572

Financial Overview

From 2024 IRS Form 990-PF

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

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$111K$222K$332K$443K20202021202220232024
Metric202420232022
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

$0$96K$193K$289K$386K5 grants20203 grants20214 grants20227 grants20236 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

PEGASUS SPRINGS EDUCATIO…$130KSALEM STATE$32KBUILDING BRIDGES EDUCATION$30KTOWN OF READING$27KNATIONAL TEACHERS HALL O…$20KWALSH AND ASSOCIATES$8K

Grant Size Distribution

25 grants across all recorded years

19<$50K2$50–100K3$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does The Pegasus Springs Foundation fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Lorraine MartinPresident10
Craig MartinDirector10
Lorraine MartinTreasurer10
Craig MartinClerk10
Lorraine MartinDirector10

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

4states

Cities

BostonDenverEmporiaMinneapolisReadingRoxburySalemWakefield

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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