The Claude Pepper Foundation INC

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The Claude Pepper Foundation serves as a lasting testament to senator pepper's vision and commitment.the Foundation preserves and promotes the ideas, values, public policy goals, and life of Claude Pepper to ensure that they are a continuing part of contemporary american political and social discourse. Federal and state lawmakers are provided information about these ideas to promote actions and policies that will result in a better quality of life for all americans. This goal is primarily achieved through the foundations's support of the Claude Pepper center at florida state university. Through the center's programs and operations, which include the Pepper library, the Pepper museum, and a collaboration with the Pepper institute on aging and public policy and other institutions, the Foundation disseminates research, conducts symposia, conferences, public outreach and other activities. The vast collection of resources housed at the Pepper center, which will include the papers of others

501(c)(3) charity; gifts are tax-deductible.
71¢ of each $1 spent went to programs.
Run by 7 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $58K a year · 20% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
71%
of spending
Fine: 71% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$42K
to officers and key staff · 18% of spending
Fine: pay to officers and key staff is 18% of spending; 15% to 20%.
Pt VII · Sec A
3 mo
of spending, in cash
Plus $4.3M in investments, Pt X · Ln 11–13
Fine: 2.6 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
11
of 15 voting members
Looks good: 11 of 15 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$260K
+5% vs prior year
Spent
$237K
To programs
71%
Net assets
$4.4M
By yearFY2020–FY2024
Revenue
$260K
FY2024▲ +5%
Tap a bar for its year
Revenue by fiscal year
FY2020$261K
FY2021$462K
FY2022$245K
FY2023$247K
FY2024$260K
Expenses
$237K
FY2024▲ +8%
Tap a bar for its year
Expenses by fiscal year
FY2020$265K
FY2021$241K
FY2022$222K
FY2023$219K
FY2024$237K
Net assets
$4.4M
FY2024▲ +9%
Tap a bar for its year
Net assets by fiscal year
FY2020$3.7M
FY2021$4.3M
FY2022$3.8M
FY2023$4.1M
FY2024$4.4M

From the FY2024 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 1987.

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

Where the money goes

71 cents of each dollar spent went to programs.

Program services 71% · $169K Management & general 20% · $47K Fundraising 9% · $21K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

15 people listed on the 990; $42K paid to officers and key staff.

Part VII, Section A · reportable compensation
Treasurer/Secretary
$42,000Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Stephen R Macnamara$42,000$42,000$42,000$42,000$45,500
Tom Herndon—$6,000$6,000$22,500$30,000
Larry Polivka———$12,500$30,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See The Claude Pepper Foundation INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Promotes public policy goals and ideas by informing lawmakers and supporting research.

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1 program · $169K · in their own filed words · FY2024
01

Analyze public policy issues; develop educational projects; support the claude pepper center, and the pepper institute on aging and public policy; provide grants to programs that benefit needy AND/OR elderly citizens.

$169Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 2 grants · $75K · 2020–2020
Close Up FoundationVA · FY2020$50,000
Alliance for Aging ResearchDC · FY2020$25,000

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$260K
Ln 12
Investment incomeLn 3$260K
Money outPt IX
$237K
Ln 25
Programscol B$169K
Managementcol C$47K
Fundraisingcol D$21K
Owns and owesPt X
$4.4M
net assets · Ln 32
Cash and savingsLn 1–2$51K
Total assetsLn 16$4.4M
LiabilitiesLn 26$0
PeoplePt VI, VII
15
listed · VII A
PaidVII A1
Voting boardVI 1a15
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Investment incomeLn 3$260K
Gains on assetsLn 7$149K
Total revenueLn 12$260K
Assets in detailPt X, end of year
CashLn 1$200
SavingsLn 2$50K
Cash and savings togetherLn 1–2$51K
InvestmentsLn 11–13$4.3M
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$27K
Total assetsLn 16$4.4M
LiabilitiesLn 26$0
Net assetsLn 32$4.4M
OperationsPt I, VI
EmployeesI 50
VolunteersI 67
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$486K$51K
InvestmentsLn 11–13$3.6M$4.3M
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$4.1M$4.4M
LiabilitiesLn 26$0$0
Net assetsLn 32$4.1M$4.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$115K$115K
Pay of current officers, directors and key staffLn 5$42K$21K$21K
Accounting feesLn 11c$12K$12K
Investment management feesLn 11f$32K$32K
Other fees for servicesLn 11g$32K$32K
Office expensesLn 13$176$45$113$18
TravelLn 17$3K$800$2K$320
Other expenses (24a–d)Ln 24$433$368$58$7
Total functional expensesLn 25$237K$169K$47K$21K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest ViewingFiled with the IRS Jun 18, 2025 $260K$237K$23K$4.4M 990 PDF
FY2023Filed with the IRS Aug 14, 2024 $247K$219K$28K$4.1M 990 PDF
FY2022Filed with the IRS Sep 26, 2023 $245K$222K$23K$3.8M 990 PDF
FY2021Filed with the IRS Aug 23, 2022 $462K$241K$221K$4.3M 990 PDF
FY2020Filed with the IRS Jul 21, 2021 $261K$265K−$4K$3.7M 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $259,694 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $246,832$259,694
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $246,832$259,694
I-13 Grants and similar amounts paidPrior year $89,263$114,750
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $48,000$42,000
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $81,557$80,159
I-18 Total expensesPrior year $218,820$236,909
I-19 Revenue less expensesPrior year $28,012$22,785
Part VI · Governance 11 of 15 board members independent, 3 to look at
VI-1a Voting members of the governing body15
VI-1b Independent voting members11
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $259,694 across 3 lines filed
VIII-3 Investment incomeExcluded from tax $110,549$110,549
VIII-7 Net gain or loss on sales of assetsExcluded from tax $149,145$149,145
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $259,694$259,694
Part IX · Statement of functional expenses $236,909 across 8 lines filed
IX-1 Grants to domestic organizationsPrograms $114,750$114,750
IX-5 Pay of current officers, directors and key staffPrograms $21,000 · Fundraising $21,000$42,000
IX-11c Accounting feesManagement $11,849$11,849
IX-11f Investment management feesPrograms $32,001$32,001
IX-11g Other fees for servicesManagement $32,500$32,500
IX-13 Office expensesPrograms $45 · Management $113 · Fundraising $18$176
IX-17 TravelPrograms $800 · Management $2,080 · Fundraising $320$3,200
IX-24 Other expenses (24a–d)Programs $368 · Management $58 · Fundraising $7$433
IX-25 Total functional expensesPrograms $168,964 · Management $46,600 · Fundraising $21,345$236,909
Part X · Balance sheet $4,424,786 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $200$200
X-2 Savings and temporary cash investmentsStart of year $485,654$50,481
X-10c Land, buildings and equipment, netStart of year $0$0
X-12 Other securitiesStart of year $3,557,376$4,347,105
X-15 Other assetsStart of year $27,000$27,000
X-16 Total assetsStart of year $4,070,230$4,424,786
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $4,070,230$4,424,786
X-32 Total net assets or fund balancesStart of year $4,070,230$4,424,786
X-33 Total liabilities and net assetsStart of year $4,070,230$4,424,786
Part XI · Reconciliation of net assets $4,424,786 net assets at year end
XI-1 Total revenue$259,694
XI-2 Total expenses$236,909
XI-3 Revenue less expenses$22,785
XI-4 Net assets at start of year$4,070,230
XI-5 Net unrealized gains (losses) on investments$331,771
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$4,424,786

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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