Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 2009.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
98 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Something off? Claim to add context
Who runs it and what they're paid
5 people listed on the 990.
On this list? Claim this org
Something off? Claim to add context
Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2Yes
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Offers educational and charitable programs globally.
Questions for Pearse Lyons Ace Foundation INC
Your first name shows with your question. Pearse Lyons Ace Foundation INC answers here, for everyone.
Know this org? Add your story
The foundation raised funds and provided relief to kentucky tornado victims, eastern kentucky flood victims, ukraine war victims support, and fire disaster support. The foundation raised funds and provided assistance to those in need through the permanently disabled jockeys fund, henry childers foundation, and catholic action center.
The vocal scholarship program is a competition held in partnership with the university of kentucky. It is open to all new voice students who plan to attend the university of kentucky. The competition awards tuition and other grants to graduate and undergraduate students.
Haiti Relief Fund
To provide direct assistance to the haitian people with the goal of rebuilding lives. The foundation supports two haitian primary schools and provides full financial support for the schools' operations, including teacher salaries, maintenance, supplies and meals for the children.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2022 990, line by line.
Download 990
| Line | Start FY22 | End FY22 |
|---|---|---|
| Cash and savingsLn 1–2 | $272K | $244K |
| Total assetsLn 16 | $272K | $244K |
| LiabilitiesLn 26 | $0 | $0 |
| Net assetsLn 32 | $272K | $244K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $170K | $170K | ||
| Grants to domestic individualsLn 2 | $5K | $5K | ||
| Grants and assistance to foreign recipientsLn 3 | $65K | $65K | ||
| Accounting feesLn 11c | $2K | $2K | ||
| Other expenses (24a–d)Ln 24 | $24K | $20K | $4K | |
| Total functional expensesLn 25 | $266K | $260K | $6K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest | $310K | $404K | −$95K | $116K | 990 PDF |
| FY2024 | $232K | $297K | −$65K | $211K | 990 PDF |
| FY2023 | $237K | $205K | $32K | $276K | 990 PDF |
| FY2022 Viewing | $238K | $266K | −$28K | $244K | 990 PDF |
| FY2021 | $257K | $90K | $168K | $272K | 990 PDF |
| FY2020 | $159K | $94K | $65K | $104K | 990 PDF |
More to add? Claim this org
Schedules filed Part IV
See the full FY2022 990 (6 parts)
Part I · Summary $238,466 revenue, 12 lines filed
Part VI · Governance 5 of 5 board members independent, 5 to look at
Part VIII · Statement of revenue $238,466 across 5 lines filed
Part IX · Statement of functional expenses $266,033 across 5 lines filed
Part X · Balance sheet $244,120 assets, 5 lines filed
Part XI · Reconciliation of net assets $244,120 net assets at year end
Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File
Similar organizations you could support · Compare with another nonprofit
Names, privacy, and removal requests More
The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.
Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.
We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.
Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.
If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.
Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.
If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.
Your org? Add context
Made it to the end? Claim this org