Richard H and Scottie Pierce

ALBUQUERQUE, NM EIN: 20-7201885

Richard H and Scottie Pierce is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ALBUQUERQUE, NM. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $205K in total assets. In 2024, it awarded 6 grants totaling $61K. Net investment income was $8K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$205K

-21.6% YoY

Annual Giving

$61K

+1.7% YoY

Grant Count

+50.0% YoY

Avg Grant Size

$10K

-32.2% YoY

Under IRS private-foundation payout rules, Richard H and Scottie Pierce reported a distributable amount of $11K for 2024 — the minimum it must pay out in qualifying distributions.

About Richard H and Scottie Pierce

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New Mexico $142K (91%)

Idaho $7K (5%)

Maine $4K (3%)

California $1K (1%)

New Jersey $1K (1%)

New York $200 (0%)

Tennessee $150 (0%)

States

California Idaho Maine New Jersey New Mexico New York Tennessee

Cities

AlbuquerqueBoiseFalmouthFranklin LakesLaguna BeachManhattan BeachMemphisNew YorkSanta Fe

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$204,694	$261,131	$316,193
Revenue	$11,082	$10,460	$461
Expenses	$67,519	$65,522	$24,250
Qualifying Distributions	$64,576	$62,822	$19,250
Net Investment Income	$8,251	$7,760	—
Distributable Amount	$11,223	$13,641	$15,953

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

Grant Size Distribution

17 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Presbyterian Healthcare Foundation ($52,690), The Path ($6,075), Maine Cancer Foundation ($2,000).

Recipient	Purpose	Amount
DOCTORS WITHOUT BORDERS NEW YORK, NY	GENERAL FUNDS	$200
MAINE CANCER FOUNDATION FALMOUTH, ME	GENERAL FUNDS	$2,000
PRESBYTERIAN HEALTHCARE FOUNDATION ALBUQUERQUE, NM	GENERAL FUNDS, LAUGHTER CAMPAIGN CHALLENGE AND PHYSICIAN ENGAGEMENT	$52,690
SPECIAL OLYMPICS NEW MEXICO ALBUQUERQUE, NM	GENERAL FUNDS	$25
ST JUDE'S CHILDRENS HOSPITAL MEMPHIS, TN	GENERAL FUNDS	$150
THE PATH BOISE, ID	GENERAL FUNDS	$6,075

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
SCOTTIE PIERCE	TRUSTEE	3	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Richard H and Scottie Pierce?

Richard H and Scottie Pierce is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ALBUQUERQUE, NM. It holds $205K in total assets as of 2024.

How large is Richard H and Scottie Pierce?

As of 2024, Richard H and Scottie Pierce holds $205K in total assets with $11K in annual revenue. It awarded 6 grants totaling $61K in 2024.

Where does Richard H and Scottie Pierce operate?

Richard H and Scottie Pierce has awarded grants in California, Idaho, Maine, New Jersey, New Mexico, New York, Tennessee.

What size grants does Richard H and Scottie Pierce award?

In 2024, Richard H and Scottie Pierce awarded 6 grants totaling $61K — an average of about $10K per grant, based on its IRS Form 990 filings.

How much is Richard H and Scottie Pierce required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Richard H and Scottie Pierce reported a distributable amount of $11K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.