Hargrove Pierce Foundation
- Assets
- $4.4m
- Revenue
- $93.8k
- Investments
- $4.3m
- Employees
- 0
- Location
- New York, NY
- Founding
- 05/2003
- Data as of
- 12/2022
- EIN
- 92-0183406
Organization Overview
Hargrove Pierce Foundation is located in New York, NY. The organization was established in 2003. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Hargrove 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 12/2022, Hargrove Pierce Foundation generated $93.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.9%) each year. All expenses for the organization totaled $456.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Hargrove Pierce Foundation has awarded 260 individual grants totaling $2,418,257. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Hyde Pierce President | 0.5 | $0 | |
David Brian Hargrove Secretary/cfo | 0.5 | $0 | |
Candace Burnett Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $369 |
| Dividends & Interest | $141,773 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$48,312 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $93,830 |
| 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 | $680 |
| Total operating and administrative expenses | $32,966 |
| Contributions, gifts, grants paid | $423,126 |
| Total expenses and disbursements | $456,092 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,631 |
| Savings and temporary cash investments | $99,825 |
| 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 | $4,412,005 |
| 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, Hargrove Pierce Foundation has awarded $423,126 in support to 38 organizations.
| Grant Recipient | Amount |
|---|---|
ORCHESTRA OF ST LUKE'S PURPOSE: TO SUPPORT ORCHESTRA'S OPERATION AND PRODUCTION OF ONE OF AMERICA'S MOST VERSATILE AND DISTINGUISHED ORCHESTRAS TO PUBLIC. | $107,500 |
NYFOS PURPOSE: TO SUPPORT ORGANIZATION'S SERIES OF CONCERTS. | $5,000 |
THE ACTORS FUND PURPOSE: TO PROVIDE A SAFETY NET FOR PERFORMING ARTS AND ENTERTAINMENT PROFESSIONALS. | $10,000 |
FIRST NATION DEVELPMENT INSTITUTE PURPOSE: TO SUPPORT AMERICAN INDIAN COMMUNITIES. | $500 |
FEEDING AMERICA PURPOSE: TO SUPPORT HUNGER RELIEF PROGRAMS. | $25,500 |
IMMACULATE HEART OF MARY CHURCH PURPOSE: TO SUPPORT CHURCH PROGRAMS. | $1,000 |