Albert I Pierce Foundation
- Assets
- $4.4k
- Revenue
- $1.0
- Investments
- $0.0
- Employees
- 0
- Location
- Albuquerque, NM
- Founding
- 02/2005
- Data as of
- 12/2021
- EIN
- 43-2032907
Organization Overview
Albert I Pierce Foundation is located in Albuquerque, NM. The organization was established in 2005. 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. Albert I Pierce 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, Albert I Pierce Foundation generated $1.0 in total revenue. All expenses for the organization totaled $7.6k during the year ending 12/2021.
Since 2014, Albert I Pierce Foundation has awarded 125 individual grants totaling $849,275. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PROVIDES SUPPORT TO ACTIVITIES OF THE EXECUTIVE DIRECTOR WHO SERVES AS A LEADER FOR SEVERAL NON-PROFIT ORGANIZATIONS (MANY OF WHICH ARE SUPPORTED BY THE FOUNDATION AND ALL OF WHICH ALIGN WITH THE MISSION OF THE FOUNDATION). THE SUPPORT INCLUDES PROVIDING AN OFFICE AND PAYROLL FOR A COLLEGE INTERN TO ASSIST THE EXECUTIVE DIRECTOR. THE EXECUTIVE DIRECTOR RECEIVES NO COMPENSATION FOR HER SERVICES. SOME OF THE ACTIVITIES OF THE EXECUTIVE DIRECTOR FOR THE YEAR IN QUESTION INCLUDE THE FOLLOWING. 1.NEW MEXICO SCIENCE TEACHERS ASSOCIATION - TREASURER & HEAD OF FINANCE AND TECHNOLOGY COMMITTEES 2.ENVIRONMENTAL EDUCATION ASSOCIATION OF NM - POLICY AND ENVIRONMENTAL LITERACY COMMITTEE 3.NMSTA/EEANM STATE CONFERENCE - TREASURER AND CO- REGISTRAR 4.PROJECT LEARNING TREE NM - STEERING COMMITTEE, POLICY COMMITTEE, VOLUNTEER AS A WORKSHOP LEADER 5.NORTH AMERICAN ASSOCIATION OF ENVIRONMENTAL EDUCATION - FINANCE AND DEVELOPMENT COMMITTEE, ARTS AND CULTURE COMMISSION CO-CHAIR
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terry S Pierce Chairman | 2 | $0 | |
Debra Thrall-Pierce Exec. Dir. | 10 | $0 | |
Toby Appel Director | 1 | $0 | |
Lisa Henley Director | 1 | $0 | |
Paul Miko Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $3,595 |
| Contributions, gifts, grants paid | $4,000 |
| Total expenses and disbursements | $7,595 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $4,438 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,438 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Albert I Pierce Foundation has awarded $4,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
NATIONAL ATOMIC MUSEUM FOUNDATION PURPOSE: GENERAL PURPOSES | $1,000 |
EXPLORA PURPOSE: GENERAL PURPOSES | $2,500 |
UPTOWN GARDEN CLUB PURPOSE: GENERAL PURPOSES | $500 |