The Pegasus Springs Foundation | Foundation Profile
GrantBay analyzes IRS Form 990-PF data to help grant seekers find fit funders like The Pegasus Springs Foundation. Data shown is extracted from Form 990-PF filings.
EIN: 82-6117572
Foundation Overview
Based in Reading, MA, The Pegasus Springs Foundation has awarded 22 grants totaling $1,138,265 to organizations in Colorado, Massachusetts and 3 other states across the US. Individual grants range from $520 to $335,000, with a median award of $22,785.
Latest Form 990-PF Snapshot
Foundation Intelligence
Advanced analytics and strategic insights to help nonprofit organizations assess grant opportunities and optimize their application strategies
New Applicant Friendliness
3 of 7 recipients (43%) were new grantees. Foundation maintains loyal partnerships while remaining open to qualified new applicants with strong proposals.
Geographic Focus
59% of grants are awarded in Massachusetts, with additional funding distributed across 4 other locations. The foundation balances regional focus with broader geographic diversity. Within Massachusetts, funding concentrates in Reading (62%), Boston (15%), Wakefield (8%).
Funding Trajectory
Strong 813% growth in annual giving over 6 years indicates expanding philanthropic capacity and increasing opportunities for grant seekers. This upward trajectory suggests growing foundation resources and commitment.
Program Areas
Highly focused on education with 100% of funding dedicated to this sector. This specialization indicates deep expertise and committed investment in the field.
Where is The Money Going?
Grants & Funding
Analyzing past grantees provides valuable insights into The Pegasus Springs Foundation'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 |
|---|---|---|---|---|
| L&p Educational Services | $25,000 | Boston, MA, US | Educational | 2023 |
| Pegasus Springs Education Collective | $75,000 | Reading, MA, US | Educational | 2023 |
| Town Of Reading | $40,000 | Reading, MA, US | Educational | 2023 |
| Natioanl Teachers Hall Of Fame | $10,000 | Emporia, KS, US | Educational | 2023 |
| Metco | $49,500 | Roxbury, MA, US | Educational Support | 2023 |
| Salem State | $21,200 | Salem, MA, US | Education | 2023 |
| Walsh And Associates | $7,500 | Minneapolis, MN, US | Education | 2023 |
| L&p Educational Services | $20,000 | Boston, MA, US | Educational | 2022 |
| Pegasus Springs Education Collective | $335,000 | Reading, MA, US | Educational | 2022 |
| Town Of Reading | $20,500 | Reading, MA, US | Educational | 2022 |
| Natioanl Teachers Hall Of Fame | $10,000 | Emporia, KS, US | Educational | 2022 |
| The School Reform Initiative | $42,000 | Denver, CO, US | Educational | 2021 |
| Pegasus Springs Education Collective | $120,000 | Reading, MA, US | Educational | 2021 |
| Town Of Reading | $10,000 | Reading, MA, US | Educational | 2021 |
| National Teachers Hall Of Fame | $5,000 | Emporia, KS, US | Educational | 2020 |
| The School Reform Initiative | $70,000 | Denver, CO, US | Educational | 2020 |
| Pegasus Springs Education Collective | $222,000 | Reading, MA, US | Educational | 2020 |
| Town Of Reading | $675 | Reading, MA, US | Educational | 2020 |
| Ma Partnership For Youth | $520 | Wakefield, MA, US | Educational | 2020 |
| Blue Ribbon Schools Of Excellence | $24,370 | Chapin, SC, US | Educational | 2018 |
| The School Reform Initiative | $5,000 | Denver, CO, US | Educational | 2018 |
| Blue Ribbon Schools Of Excellence | $25,000 | Chapin, SC, US | Educational | 2017 |
Foundations Similar to The Pegasus Springs Foundation
Discover 5 foundations with comparable assets ($1,889,545-$1,923,981), similar grant patterns, and geographic focus in MA 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 |
|---|---|---|---|---|
|
The Willowbank Foundation
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Irvin And Marion Erb Charitable Trust
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Beech Tree Trust
EIN: 04-6942305 | 21 grants awarded |
$1,892,429
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$17,755
median grant |
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|
Santos Family Foundation
EIN: 04-3493830 | 57 grants awarded |
$1,889,545
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$17,000
median grant |
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|
Marc E Leland Foundation
EIN: 95-4078342 | 66 grants awarded |
$1,923,981
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Related Foundation Resources in MA:
Contact Information
Official contact details for The Pegasus Springs Foundation as registered with the IRS. These details are essential for grant applications, correspondence, and due diligence processes.
| EIN | 82-6117572 |
| Website | http://www.pegasussprings.org |
| Address | 30 PARTRIDGE RD Reading, MA 01867-1168 |
Key People (5)
Board members, trustees, and key staff who oversee The Pegasus Springs Foundation's grant making decisions and strategic direction. Understanding leadership composition can provide insights into foundation priorities and potential networking opportunities.
| President | Lorraine Martin |
|---|---|
| Director | Craig Martin |
| Treasurer | Lorraine Martin |
| Clerk | Craig Martin |
| Director | Lorraine Martin |
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 The Pegasus Springs Foundation 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
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