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.
Stevan & Cynthia Pearce Charitable at a glance
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.
- Annual giving (2025)
- $45,917
- -30.4% vs 2024
- Grants made (2025)
- 8
- +166.7% vs 2024
- Average grant
- $5,740
- -73.9% vs 2024
- Median grant
- $1,750
- Total assets
- $1,682,993
- +23.9% vs 2024
- Primary geography
- New Mexico (89% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Stevan & Cynthia Pearce Charitable funds
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%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 8 itemized grants.
States
Cities
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.
Giving History
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.
Grants by year
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 |
Ready to take the next step with Stevan & Cynthia Pearce Charitable?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,682,993 | $374,544 | $49,804 | $45,917 | 8 | $45,917 | $164,443 | $72,605 |
| 2024 | $1,358,253 | $722 | $67,688 | $66,000 | 3 | $66,000 | $9,380 | $17,407 |
| 2023 | $1,291,683 | $173,003 | $56,116 | $48,613 | 4 | $48,613 | $167,000 | $58,247 |
| 2022 | $1,174,796 | $48,845 | $66,226 | $58,920 | 8 | $58,920 | $24,292 | $66,925 |
| 2021 | $1,192,177 | $141,133 | $100,881 | $92,674 | 12 | — | $84,889 | $70,200 |
| 2020 | $1,151,925 | $73,452 | $68,081 | $59,390 | 12 | — | $67,372 | $63,561 |
| 2019 | $1,146,554 | $64,401 | $67,239 | $60,399 | 13 | — | $26,607 | $65,152 |
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.
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.
Data update history
(4)
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
Live grants for the work Stevan & Cynthia Pearce Charitable funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Stevan & Cynthia Pearce Charitable's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in New Mexico
Christian Community Foundation Inc
Colorado Springs, CO
WaterStone supports domestic and international nonprofits, including Christian ministries and charitable and educational organizations, through donor-directed grants; eligible organizations must be IRS-recognized 501(c)(3)s whose mission aligns with its Statement of Faith. Its 2025 grants had a median of $20,000, with awards ranging from $5,028 to $11 million, and were concentrated in Texas and Colorado. Grant recommendations come from donor-advised fund holders; the profile does not state that it accepts unsolicited requests.
Assets
$746.4M
Grants
1,651
Total Given
$161.8M
Duke Energy Foundation
Charlotte, NC
The Duke Energy Foundation funds workforce and local economic development, disaster resilience, conservation, clean water, and economic opportunity in North Carolina, South Carolina, Florida, Ohio, Kentucky, and Indiana. Its 2024 grants had a median of $25,000; applications for grants of $20,000 or less are accepted year-round, after applicants discuss proposals with a state representative.
Assets
$1.9M
Grants
41
Total Given
$25.6M
Chattanooga Christian Community Foundation
Chattanooga, TN
The foundation supports 501(c)(3) charities and Christian ministries, with grants for community needs, education, children and families, and other charitable work; its 2024 median grant was $18,250, though awards varied widely. Giving is concentrated in Tennessee, especially the Chattanooga area, with grants also reaching other states; it does not describe a general open application process—one giving circle uses member nominations, and Unidos en Compasión accepts applications by invitation.
Assets
$136.1M
Grants
567
Total Given
$36.4M
Dallas Seminary Foundation
Dallas, TX
Dallas Seminary Foundation primarily supports Dallas Theological Seminary, scholarships, theological education, ministry training, and related Christian ministries; in 2025, its grants ranged from $5,300 to $6.126 million, with a median of $17,100. Most 2025 grant dollars went to Texas, with additional funding in several other states. The profile does not state whether it accepts unsolicited requests.
Assets
$122.2M
Grants
125
Total Given
$14.8M
Dreamspring
Albuquerque, NM
DreamSpring primarily provides loans, training, and business support to underserved entrepreneurs and small businesses, rather than grants; recent filings report no grants, though a 2020 grant of $15,000 is recorded. It serves entrepreneurs in 27 states, and no typical grant size or process for unsolicited grant requests is stated.
Assets
$66.4M
Grants
356
Total Given
$4.8M
Santa Fe Community Foundation
Santa Fe, NM
The Santa Fe Community Foundation funds 501(c)(3) nonprofits working in health, education, economic opportunity, the environment, arts and culture, and other community priorities; its main focus is Mora, Rio Arriba, San Miguel, and Santa Fe counties, though some funds support work statewide. In 2024, grants ranged from $5,250 to $1,517,500, with a median of $16,006. It accepts proposals through competitive grant cycles and fund-specific opportunities; no grants were open at the time described.
Assets
$144.1M
Grants
302
Total Given
$12.4M
More similar funders
More Funders in New Mexico
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Stevan & Cynthia Pearce Charitable's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Stevan & Cynthia Pearce Charitable down — hundreds of funders to go?