Robert L Pierce Foundation
Robert L Pierce Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in COVINGTON, LA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 11 grants totaling $91K. Net investment income was $25K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.2M
-2.1% YoY
Annual Giving
$91K
+96.6% YoY
Grant Count
11
+83.3% YoY
Avg Grant Size
$8K
+7.2% YoY
Under IRS private-foundation payout rules, Robert L Pierce Foundation reported a distributable amount of $83K for 2024 — the minimum it must pay out in qualifying distributions.
About Robert L Pierce Foundation
Based on IRS filings
Robert L Pierce Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in COVINGTON, LA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 11 grants totaling $91K. Net investment income was $25K.
Focus Areas
Ready to take the next step with Robert L Pierce Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,204,015 | $1,229,796 | $1,189,279 |
| Revenue | $83,273 | $53,990 | $82,993 |
| Expenses | $106,506 | $66,018 | $101,890 |
| Qualifying Distributions | $91,400 | $51,000 | $87,500 |
| Net Investment Income | $24,780 | $22,432 | $36,549 |
| Distributable Amount | $83,202 | $74,999 | $74,010 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
39 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include St Scholastica Academy ($25,000), Echo Community ($25,000), Fore Kids Foundation Inc ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| FORE KIDS FOUNDATION INC AVONDALE, LA | TO SUPPORT THE ORGANIZATION'S GIVING FUND | $15,000 |
| GALATOIRE FOUNDATION INC NEW ORLEANS, LA | GENERAL OPERATING SUPPORT | $4,500 |
| PERPETUAL ABUNDANCE OF LOVE METAIRIE, LA | FOR GENERAL OPERATING SUPPORT | $10,000 |
| ST SCHOLASTICA ACADEMY COVINGTON, LA | FOR GENERAL OPERATING SUPPORT | $25,000 |
| THE KELLY GIBSON FOUNDATION NEW ORLEANS, LA | GENERAL OPERATING SUPPORT | $7,500 |
| THE SAINT PAUL'S SCHOOL FOUNDATION COVINGTON, LA | FOR GENERAL OPERATING SUPPORT | $500 |
| HOPE HOUSE INC NEW ORLEANS, LA | FOR GENERAL OPERATING SUPPORT | $200 |
| MORE THAN FORE COVINGTON, LA | FOR GENERAL OPERATING SUPPORT | $1,000 |
| ECHO COMMUNITY FOLSOM, LA | FOR GENERAL OPERATING SUPPORT | $25,000 |
| ST TAMMANY OUTREACH FOR THE PREVENTION OF SUICIDE INC STOPS COVINGTON, LA | FOR GENERAL OPERATING SUPPORT | $2,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CHAVGNEY G PIERCE | DIRECTOR | 1 | — |
| SHONNA PIERCE | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Robert L Pierce Foundation?
Robert L Pierce Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in COVINGTON, LA. It holds $1.2M in total assets as of 2024.
How large is Robert L Pierce Foundation?
As of 2024, Robert L Pierce Foundation holds $1.2M in total assets with $83K in annual revenue. It awarded 11 grants totaling $91K in 2024.
Where does Robert L Pierce Foundation operate?
Robert L Pierce Foundation has awarded grants in Florida, Illinois, Louisiana, Texas.
What size grants does Robert L Pierce Foundation award?
In 2024, Robert L Pierce Foundation awarded 11 grants totaling $91K — an average of about $8K per grant, based on its IRS Form 990 filings.
How much is Robert L Pierce Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Robert L Pierce Foundation reported a distributable amount of $83K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Robert L Pierce Foundation's EIN?
Robert L Pierce Foundation's EIN (Employer Identification Number) is 80-0324450. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Robert L Pierce Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
The Greater New Orleans Foundation
NEW ORLEANS, LA
Assets
$513.0M
Grants
623
Total Given
$34.6M
Shell Usa Company Foundation
HOUSTON, TX
Assets
$52.3M
Grants
4,650
Total Given
$16.0M
Northshore Community Foundation
COVINGTON, LA
Assets
$38.4M
Grants
83
Total Given
$2.7M
Edward Jones Foundation
ST LOUIS, MO
Assets
$138.9M
Grants
6,618
Total Given
$20.3M
Jpmorgan Chase Foundation
NEW YORK, NY
Assets
$1.2B
Grants
10,334
Total Given
$202.5M
Textron Charitable Trust Dtd 122353
PROVIDENCE, RI
Assets
$9.5M
Grants
1,199
Total Given
$4.2M
Gs Donor Advised Philanthropy Fund
NEW YORK, NY
Assets
$12.7B
Grants
7,424
Total Given
$3.0B
Baird Foundation Inc
MILWAUKEE, WI
Assets
—
Grants
3,751
Total Given
$6.6M
The Blackbaud Giving Fund
CHARLESTON SC, SC
Assets
$52.7M
Grants
1,860
Total Given
$41.4M
Morgan Stanley Global Impact Funding Trust Inc
INDIANAPOLIS, IN
Assets
$9.1B
Grants
19,253
Total Given
$1.2B
Network for Good
WASHINGTON, DC
Assets
$96.2M
Grants
4,733
Total Given
$216.2M
Vanguard Charitable Endowment Program
SOUTHEASTERN, PA
Assets
$22.2B
Grants
24,269
Total Given
$3.0B
More Funders in Louisiana
Data last updated April 2026. Sourced from IRS Form 990-PF filings.