Pegasus Foundation FY2021 filing

Cleveland, OHPrivate foundation / grantmaker EIN 34-7137513Revenue $71K in FY2021Latest return filed Sep 26, 2025

On file with the IRSCleveland, OH

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FY2021 · Form 990-PFIndependent: from IRS data, not the org
Download 990
Latest return
FY2024
latest Form 990-PF
The latest return is for FY2024, 2 tax years back.
IRS e-file · Filing history
Surplus or deficit
0 of 5
filings with a surplus
Average deficit $289K a year · 464% of revenue · last 5 filings
A surplus in 0 of the last 5 filings.
990-PF Pt I · 5 filings
3.0 mo
of spending, in cash
3.0 months of spending in cash.
990-PF Pt II · Ln 1–2 · Pt I · Ln 26
Liabilities
$0
0% of total assets
Liabilities are 0% of assets.
990-PF Pt II · Ln 23
Revenue
$71K
+15% vs prior year
Spent
$90K
Net assets
$522K
By yearFY2020–FY2024
Revenue
$71K
FY2021▲ +15%
Tap a bar for its year
Revenue by fiscal year
FY2020$61K
FY2021$71K
FY2022$62K
FY2023$75K
FY2024$43K
Expenses
$90K
FY2021▲ +17%
Tap a bar for its year
Expenses by fiscal year
FY2020$77K
FY2021$90K
FY2022$89K
FY2023$87K
FY2024$1.4M
Net assets
$522K
FY2021▼ -4%
Tap a bar for its year
Net assets by fiscal year
FY2020$541K
FY2021$522K
FY2022$499K
FY2023$486K
FY2024$0

From the FY2021 Form 990 · see the original

You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 86% · $77K Operating & administrative 14% · $13K

Form 990-PF Part I, lines 24–26. Every line is in By the numbers.

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Who runs it and what they're paid

The filing lists no officers, directors or key staff.

Programs and updates

A private foundation based in Cleveland, OH.

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 4 grants · $1.4M · 2024–2024
Schwab's Donor Advised FundFY2024$1,391,137
Thomasville Art and Antiques ShowFY2024$900
Seal Future FundFY2024$400
Project PuffinFY2024$250

Grantmaking Profile

Patterns in foundation giving
Average grantPart XV$348K
Median grantPart XV$900
Largest grantPart XV$1.4M

By the numbers

The FY2021 990-PF, line by line.

1The main four
Money in
$71K
Investment income$71K
Money out
$90K
Grants paid$77K
Running costs$13K
Owns and owes
$522K
net assets
Cash and savings$22K
Total assets$522K
Liabilities$0
2In more detail
Revenue in detail
Investment income$71K
Total revenue$71K
Assets in detailEnd of year
Cash and savings together$22K
Total assets$522K
Liabilities$0
Net assets$522K
Operations
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Sep 26, 2025 $43K$1.4M−$1.4M$0 990 PDF
FY2023Filed with the IRS Nov 18, 2024 $75K$87K−$12K$486K 990 PDF
FY2022Filed with the IRS Nov 14, 2023 $62K$89K−$27K$499K 990 PDF
FY2021 ViewingFiled with the IRS Aug 17, 2022 $71K$90K−$19K$522K 990 PDF
FY2020Filed with the IRS Oct 5, 2021 $61K$77K−$16K$541K 990 PDF

Schedules filed Part IV

G · Fundraising L · Interested persons R · Related orgs

Form 990 e-file FY2021 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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