Piassick Family Foundation

Organization Overview

Piassick Family Foundation is located in Birmingham, AL. The organization was established in 2009. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Piassick Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Piassick Family Foundation generated $214.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (19.9%) each year. All expenses for the organization totaled $293.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Piassick Family Foundation has awarded 76 individual grants totaling $449,635. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE FINANCIAL SUPPORT TO NON-PROFIT ORGANIZATIONS BENEFITING THE CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY OR EDUCATIONAL NEEDS OF THE BIRMINGHAM AREA.


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $39,911
Net Rental Income$0
Net Gain on Sale of Assets $173,340
Capital Gain Net Income $173,340
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $1,186
Total Revenue $214,437

Grants Awarded

Over the last fiscal year, Piassick Family Foundation has awarded $267,980 in support to 40 organizations.

Grant RecipientAmount

ALABAMA SYMPHONY ORCHESTRA

PURPOSE: GENERAL SUPPORT

$55,000

BIRMINGHAM JEWISH FEDERATION

Org PageRecipient Profile

Birmingham, AL

PURPOSE: GENERAL SUPPORT

$50,000

BIRMINGHAM MUSEUM OF ART

PURPOSE: GENERAL SUPPORT

$25,000

COLLAT JEWISH FAMILY SERVICES

Org PageRecipient Profile

Birmingham, AL

PURPOSE: GENERAL SUPPORT

$23,000

BOOTH WESTERN ART MUSEUM

PURPOSE: GENERAL SUPPORT

$20,500

STEAMBOAT SPRINGS ART MUSEUM

PURPOSE: GENERAL SUPPORT

$16,000
View Grant Profile

Peer Organizations

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