Pierce Family Foundation

Organization Overview

Pierce Family Foundation is located in Farmington, NM. The organization was established in 2015. 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. Pierce 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, Pierce Family Foundation generated $173.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (38.7%) each year. All expenses for the organization totaled $161.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Pierce Family Foundation has awarded 66 individual grants totaling $501,500. 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

CONTRIBUTIONS TO FIFTEEN CHARITIES TO SUPPORT COMMUNITY PROJECTS


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Board, Officers & Key Employees

Name (title)Compensation
Jason L Nelson
Secretary
$0
John B Pierce
Vice President
$0
Susan Nelson
Treasurer
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $172
Dividends & Interest $42,272
Net Rental Income$0
Net Gain on Sale of Assets $130,975
Capital Gain Net Income $130,975
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $20
Total Revenue $173,439

Grants Awarded

Over the last fiscal year, Pierce Family Foundation has awarded $118,500 in support to 15 organizations.

Grant RecipientAmount

Page, AZ

PURPOSE: TO SUPPORT CHARITABLE ACTIVITIES

$22,000

CHILDHAVEN FOUNDATION

Org PageRecipient Profile

Farmington, NM

PURPOSE: TO SUPPORT CHARITABLE ACTIVITIES

$20,000

SAN JUAN COLLEGE FOUNDATION

Org PageRecipient Profile

Farmington, NM

PURPOSE: TO SUPPORT CHARITABLE ACTIVITIES

$10,000

ST JOHN'S EPISCOPAL CHURCH

PURPOSE: TO SUPPORT CHARITABLE ACTIVITIES

$10,000

SAN JUAN MEDICAL FOUNDATION

PURPOSE: TO SUPPORT CHARITABLE ACTIVITIES

$10,000

Salt Lake City, UT

PURPOSE: TO SUPPORT CHARITABLE ACTIVITIES

$8,000
View Grant Profile

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