Perseid Foundation (Formerly Tennessee | Foundation Profile

GrantBay analyzes IRS Form 990-PF data to help grant seekers find fit funders like Perseid Foundation (Formerly Tennessee. Data shown is extracted from Form 990-PF filings.

EIN: 62-1617593

Foundation Overview

Based in Louisville, TN, Perseid Foundation (Formerly Tennessee has awarded 8 grants totaling $407,836 to organizations in Massachusetts and Kentucky. Individual grants range from $25,000 to $103,918, with a median award of $37,500.

Latest Tax Year
2024
Total Giving (all years)
$407,836
Total Assets
$5,228
Median Grant (all grants)
$37,500

Latest Form 990-PF Snapshot

Total Grants
4
Median Grant
$37,500
% Median Grant Decline
-42% (vs previous year)
Data extracted from IRS Form 990-PF filings. Last filing year: March 2026

Foundation Intelligence

Advanced analytics and strategic insights to help nonprofit organizations assess grant opportunities and optimize their application strategies

New Applicant Friendliness
Emerging Foundation: 50%

2 of 4 recipients (50%) were new grantees. Recent establishment means most partnerships are naturally new. Pattern may not reflect long-term preferences.

Geographic Focus
Massachusetts

75% of all grants are concentrated in Massachusetts, demonstrating highly focused geographic giving. This foundation prioritizes deep community impact in its primary service area. Within Massachusetts, funding concentrates in Cambridge (100%).

Funding Trajectory
-42%

Declining funding trend with 42% decrease over 1 years may indicate reduced grant opportunities or shifting foundation priorities. This trajectory suggests more competitive application environment.

Program Areas
Education + General Purposes

Dual focus on education (67%) and general purposes, indicating strategic concentration in complementary program areas.

Where is The Money Going?

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Grants & Funding

Analyzing past grantees provides valuable insights into Perseid Foundation (Formerly Tennessee's funding preferences, organizational priorities, and grant making patterns. This historical data helps potential applicants understand the foundation's strategic focus and identify successful funding approaches.

Name Amount Location Purpose Year
Aurelia Institute $25,000 Cambridge, MA, US Perseid Foundation Donated This Money To Aurelia Institute To Sponsor A Stem Camp For Children In Massachusetts. 2024
Massachusetts Institute Of Technology - Space Exploration Institute $50,000 Cambridge, MA, US Perseid Foundation Donated This Money To Mit Sei To Sponsor Various Initiatives By This Program. 2024
Aurelia Institute $25,000 Cambridge, MA, US Perseid Foundation Donated This Money To Aurelia Institute To Sponsor A Stem Camp For Children In Massachusetts. 2024
Massachusetts Institute Of Technology - Space Exploration Institute $50,000 Cambridge, MA, US Perseid Foundation Donated This Money To Mit Sei To Sponsor Various Initiatives By This Program. 2024
Aurelia Institute $25,000 Cambridge, MA, US Perseid Foundation Donated This Money To Aurelia Institute To Sponsor A Stem Camp For Children In Massachusetts. 2023
Middlesboro Independent Schools $103,918 Middlesboro, KY, US Perseid Foundation Donated This Money To Middlesboro Independent Schools To Develop A Stem Program To Help Foster A Love For Science In Southeastern Kentucky. 2023
Aurelia Institute $25,000 Cambridge, MA, US Perseid Foundation Donated This Money To Aurelia Institute To Sponsor A Stem Camp For Children In Massachusetts. 2023
Middlesboro Independent Schools $103,918 Middlesboro, KY, US Perseid Foundation Donated This Money To Middlesboro Independent Schools To Develop A Stem Program To Help Foster A Love For Science In Southeastern Kentucky. 2023

Foundations Similar to Perseid Foundation (Formerly Tennessee

Discover 5 foundations with comparable assets ($2,480-$6,677), similar grant patterns, and geographic focus in TN that may also align with your organization's funding needs and grant seeking strategy.

Foundation Name Total Assets Typical Grant Size Service Area Similarity Match

EIN: 81-0745785 | 2 grants awarded
$4,378
(≈ Similar)
$19,596
median grant
Knoxville, TN
Same state
92%
Excellent match

EIN: 62-1763812 | 6 grants awarded
$4,306
(≈ Similar)
$55,000
median grant
Selmer, TN
Same state
91%
Excellent match

EIN: 58-6045873 | 30 grants awarded
$6,530
(↑ Larger)
$21,677.5
median grant
Knoxville, TN
Same state
88%
Excellent match

EIN: 92-0461654 | 7 grants awarded
$6,677
(↑ Larger)
$21,972
median grant
Nashville, TN
Same state
86%
Excellent match

EIN: 84-4568069 | 6 grants awarded
$2,480
(↓ Smaller)
$25,000
median grant
Memphis, TN
Same state
74%
Good match

Contact Information

Official contact details for Perseid Foundation (Formerly Tennessee as registered with the IRS. These details are essential for grant applications, correspondence, and due diligence processes.

EIN 62-1617593
Website N/A
Address 3200 PRIDE RD Louisville, TN 37777-3336

Key People (3)

Board members, trustees, and key staff who oversee Perseid Foundation (Formerly Tennessee's grant making decisions and strategic direction. Understanding leadership composition can provide insights into foundation priorities and potential networking opportunities.

Director / President John P Shoffner
Director / Secretary Jamie S Bowling
Director James J Shoffner

Forms 990-PF

IRS Form 990-PF filings provide comprehensive financial information, grant details, and operational data. These documents are essential resources for understanding foundation capacity, giving patterns, and strategic priorities.

Form 990-PF Research Tips
  • Review Part XV for detailed grant recipient information and funding purposes
  • Check Part I for total assets, annual giving amounts, and payout requirements
  • Examine Part VIII for key personnel compensation and board structure
  • Look for trends across multiple years to understand giving patterns

About This Foundation Profile

This comprehensive foundation profile for Perseid Foundation (Formerly Tennessee is powered by Grant Bay's advanced foundation research platform. Our system analyzes IRS Form 990-PF filings, grant histories, and philanthropic patterns to provide nonprofit organizations with actionable intelligence for grant seeking success.

Data Sources & Accuracy

All information is derived from official IRS filings and public records. Grant Bay processes thousands of Form 990-PF documents to extract grant details, financial data, and organizational information. Data accuracy depends on foundation reporting quality and IRS filing completeness.

Research Applications

Use this profile for prospect research, grant strategy development, application preparation, and relationship building. Combine this data with additional research on foundation priorities, application processes, and board member backgrounds for comprehensive grant seeking strategies.

Data Currency: Last updated March 2026 based on IRS Form 990-PF filings. Foundation information reflects most recent available tax year data.