Stevan & Cynthia Pearce Charitable

HOBBS, NM EIN: 01-0576324

Stevan & Cynthia Pearce Charitable is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOBBS, NM. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 3 grants totaling $85K. Net investment income was $224K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.4M

+10.3% YoY

Annual Giving

$85K

+74.3% YoY

Grant Count

3

-25.0% YoY

Avg Grant Size

$28K

+132.4% YoY

Under IRS private-foundation payout rules, Stevan & Cynthia Pearce Charitable reported a distributable amount of $63K for 2024 — the minimum it must pay out in qualifying distributions.

About Stevan & Cynthia Pearce Charitable

Based on IRS filings

Stevan & Cynthia Pearce Charitable is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOBBS, NM. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 3 grants totaling $85K. Net investment income was $224K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

10states
+2 more states

Cities

AlbuquerqueCedar CityDallasEl PasoHillsdaleHobbsLansingLouisvilleLovingtonPhoenixRichmondSherman OaksTupeloWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$63K$127K$190K$254K20202021202220232024
Metric202420232022
Total Assets$1,425,219$1,291,683$1,174,796
Revenue$230,490$173,003$48,845
Expenses$96,954$56,116$66,226
Qualifying Distributions$84,740$48,613$58,920
Net Investment Income$224,237$167,000$24,292
Distributable Amount$63,180$58,247$66,925

Giving Over Time

Total grant dollars and number of grants per year

$0$23K$46K$70K$93K12 grants202012 grants20218 grants20224 grants20233 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

LEGACY PREGNANCY RESOURC…$58KVERITAS CLASSICAL CHRIST…$22KACCESS PARTNERS$5K

Grant Size Distribution

39 grants across all recorded years

38<$50K1$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 Legacy Pregnancy Resource Center ($58,000), Veritas Classical Christian Academy ($21,740), Access Partners ($5,000).

RecipientPurposeAmount
ACCESS PARTNERS WASHINGTON, DCGENERAL SUPPORT$5,000
LEGACY PREGNANCY RESOURCE CENTER HOBBS, NMGENERAL SUPPORT$58,000
VERITAS CLASSICAL CHRISTIAN ACADEMY HOBBS, NMGENERAL SUPPORT$21,740

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
CYNTHIA PEARCEDIRECTOR2
STEVAN PEARCEDIRECTOR2
LORI BOVADIRECTOR2

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Stevan & Cynthia Pearce Charitable?

Stevan & Cynthia Pearce Charitable is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOBBS, NM. It holds $1.4M in total assets as of 2024.

How large is Stevan & Cynthia Pearce Charitable?

As of 2024, Stevan & Cynthia Pearce Charitable holds $1.4M in total assets with $230K in annual revenue. It awarded 3 grants totaling $85K in 2024.

Where does Stevan & Cynthia Pearce Charitable operate?

Stevan & Cynthia Pearce Charitable has awarded grants in Arizona, California, District of Columbia, Kentucky, Michigan, Mississippi, New Mexico, Texas, Utah, Virginia.

What size grants does Stevan & Cynthia Pearce Charitable award?

In 2024, Stevan & Cynthia Pearce Charitable awarded 3 grants totaling $85K — an average of about $28K per grant, based on its IRS Form 990 filings.

How much is Stevan & Cynthia Pearce Charitable required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Stevan & Cynthia Pearce Charitable reported a distributable amount of $63K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Stevan & Cynthia Pearce Charitable's EIN?

Stevan & Cynthia Pearce Charitable's EIN (Employer Identification Number) is 01-0576324. 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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