Stevan & Cynthia Pearce Charitable
Stevan & Cynthia Pearce Charitable is a private foundation, based in Hobbs, NM. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $1.7M in total assets. In 2025, it awarded 8 grants totaling $46K. Net investment income was $164K.
Key facts about Stevan & Cynthia Pearce Charitable
In short: Stevan & Cynthia Pearce Charitable gave $46K across 8 grants in 2025 (avg $6K), mostly in New Mexico. Source: 2025 IRS Form 990-PF.
- EIN
- 01-0576324
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $45,917
- Grants made (2025)
- 8
- Average grant
- $5,740
- Median grant
- $1,750
- Total assets
- $1,682,993
- Primary geography
- New Mexico (89% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$1.7M
+23.9% YoY
Annual Giving
$46K
-30.4% YoY
Grant Count
8
+166.7% YoY
Avg Grant Size
$6K
-73.9% YoY
Under IRS private-foundation payout rules, Stevan & Cynthia Pearce Charitable reported a distributable amount of $73K for 2025 — the minimum it must pay out in qualifying distributions.
How Stevan & Cynthia Pearce Charitable gives
- Giving fell 22% from 2022 to 2025. Method
- In 2025 it paid out 63% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 8 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $46K (2025) to $93K (2021). In 2025 it made 8 grants totaling $46K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2025
The largest 2025 recipient was Veritas Classical Christian Academy ($18K). Together the top 8 received $46K.
Grant Size Distribution
35 grants across all recorded years
The most common grant size was under $50K: 34 grants of 35 (97%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Veritas Classical Christian Academy Hobbs, NM | General Support | $18,317 |
| Legacy Pregnancy Resource Center Hobbs, NM | General Support | $18,000 |
| Access Partners Washington, DC | General Support | $5,000 |
| New Mexico Family Action Foundation Aluquerque, NM | General Support | $2,500 |
| Rebound New Mexico Albuquerque, NM | General Support | $1,000 |
| Care Net Pregnancy Center of Albuquerque Albuquerque, NM | General Support | $500 |
| Roswell Symphony Foundation Roswell, NM | General Support | $500 |
| World Magazine Asheville, NC | General Support | $100 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $1,682,993 | $1,358,253 | $1,291,683 |
| Revenue | $374,544 | $722 | $173,003 |
| Expenses | $49,804 | $67,688 | $56,116 |
| Qualifying Distributions | $45,917 | $66,000 | $48,613 |
| Net Investment Income | $164,443 | $9,380 | $167,000 |
| Distributable Amount | $72,605 | $17,407 | $58,247 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS February 12, 2020)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 21, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS July 10, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Stevan & Cynthia Pearce Charitable's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Cynthia Pearce
Director
On filings since 2019
2 hrs/week
No compensation reported
Lori Bova
Director
On filings since 2019
2 hrs/week
No compensation reported
Former officers (1)
- Former: Stevan Pearce (2019–2024) — Director
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Stevan & Cynthia Pearce Charitable
How much does Stevan & Cynthia Pearce Charitable give each year?
Stevan & Cynthia Pearce Charitable gave $46K across 8 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $66K across 3 grants.
What is Stevan & Cynthia Pearce Charitable's typical grant size?
Stevan & Cynthia Pearce Charitable's median grant in 2025 was $1,750, and its average grant was $5,740, across 8 grants on its 2025 IRS Form 990-PF.
Where does Stevan & Cynthia Pearce Charitable give grants?
Stevan & Cynthia Pearce Charitable gives mostly in New Mexico: 89% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was District of Columbia (11%). The most frequent recipient cities were Hobbs, NM (2 grants) and Albuquerque, NM (2 grants).
Does Stevan & Cynthia Pearce Charitable give general operating support?
Yes: 100% of Stevan & Cynthia Pearce Charitable's 2025 grants with a stated purpose (8 of 8) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Stevan & Cynthia Pearce Charitable's largest grantees?
Stevan & Cynthia Pearce Charitable's largest 2025 grantees include Veritas Classical Christian Academy ($18,317), Legacy Pregnancy Resource Center ($18,000) and Access Partners ($5,000), according to its 2025 IRS Form 990-PF. Together they received 90% of its itemized 2025 grant dollars.
How large is Stevan & Cynthia Pearce Charitable?
Stevan & Cynthia Pearce Charitable reported $1.7M in total assets on its 2025 IRS Form 990-PF. It paid out $46K in qualifying distributions that year, against a required minimum of $73K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
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 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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