Ernest C & Caryl K Pierson Foundation

RIO VERDE, AZ EIN: 20-5753399

Ernest C & Caryl K Pierson Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RIO VERDE, AZ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.0M in total assets. In 2024, it awarded 7 grants totaling $72K. Net investment income was $2K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.0M

-6.1% YoY

Annual Giving

$72K

+860.0% YoY

Grant Count

7

+250.0% YoY

Avg Grant Size

$10K

+174.3% YoY

Under IRS private-foundation payout rules, Ernest C & Caryl K Pierson Foundation reported a distributable amount of $53K for 2024 — the minimum it must pay out in qualifying distributions.

About Ernest C & Caryl K Pierson Foundation

Based on IRS filings

Ernest C & Caryl K Pierson Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RIO VERDE, AZ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.0M in total assets. In 2024, it awarded 7 grants totaling $72K. Net investment income was $2K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Cities

BloomingtonBozemanColorado SpringsColumbusEvanstonMalibuMinneapolisRio VerdeWoodbury

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$23K$46K$69K$92K20202021202220232024
Metric202420232022
Total Assets$1,006,828$1,071,965$1,071,029
Revenue$19,215$13,686$4,379
Expenses$83,404$12,750$8,190
Qualifying Distributions$74,642$10,125$8,165
Net Investment Income$1,689$11,061$4,187
Distributable Amount$52,749$52,312$52,777

Giving Over Time

Total grant dollars and number of grants per year

$0$18K$36K$54K$72K4 grants20205 grants20213 grants20222 grants20237 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

MPLS PARK & REC$22KMN ORCHESTRA$18KCENTRAL LUTHERAN CHURCH$10KEDINA YOUNG LIFE$10KPEGASUS$5KVERDES CHURCH$5KPEPPERDINE UNIVERSITY$3K

Grant Size Distribution

21 grants across all recorded years

21<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Mpls Park & Rec ($22,000), Mn Orchestra ($17,500), Central Lutheran Church ($10,000).

RecipientPurposeAmount
CENTRAL LUTHERAN CHURCH MINNEAPOLIS, MNGENERAL SUPPORT$10,000
EDINA YOUNG LIFE COLORADO SPRINGS, COGENERAL SUPPORT$10,000
PEGASUS BOZEMAN, MTGENERAL SUPPORT$5,000
VERDES CHURCH RIO VERDE, AZGENERAL SUPPORT$5,000
MN ORCHESTRA MINNEAPOLIS, MNGENERAL SUPPORT$17,500
PEPPERDINE UNIVERSITY MALIBU, CAGENERAL SUPPORT$2,500
MPLS PARK & REC MINNEAPOLIS, MNGENERAL SUPPORT$22,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
ERNEST C PIERSONTRUSTEE1
CARYL K PIERSONTRUSTEE1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Ernest C & Caryl K Pierson Foundation?

Ernest C & Caryl K Pierson Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RIO VERDE, AZ. It holds $1.0M in total assets as of 2024.

How large is Ernest C & Caryl K Pierson Foundation?

As of 2024, Ernest C & Caryl K Pierson Foundation holds $1.0M in total assets with $19K in annual revenue. It awarded 7 grants totaling $72K in 2024.

Where does Ernest C & Caryl K Pierson Foundation operate?

Ernest C & Caryl K Pierson Foundation has awarded grants in Arizona, California, Colorado, Illinois, Minnesota, Montana, Ohio.

What size grants does Ernest C & Caryl K Pierson Foundation award?

In 2024, Ernest C & Caryl K Pierson Foundation awarded 7 grants totaling $72K — an average of about $10K per grant, based on its IRS Form 990 filings.

How much is Ernest C & Caryl K Pierson Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Ernest C & Caryl K Pierson Foundation reported a distributable amount of $53K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Ernest C & Caryl K Pierson Foundation's EIN?

Ernest C & Caryl K Pierson Foundation's EIN (Employer Identification Number) is 20-5753399. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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