The Michael J Pierce & Kathleen R Pierce Foundation

Foundation · Grantmaker VERO BEACH, FL EIN: 25-6719605

The Michael J Pierce & Kathleen R Pierce Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in VERO BEACH, FL. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $36K in total assets. Net investment income was $14.

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

$36K

+0.0% YoY

Revenue

$14

+133.3% YoY

Net Investment Income

$14

+133.3% YoY

Expenses

—

-100.0% YoY

Under IRS private-foundation payout rules, The Michael J Pierce & Kathleen R Pierce Foundation reported a distributable amount of $2K for 2023 — the minimum it must pay out in qualifying distributions.

About The Michael J Pierce & Kathleen R Pierce Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Florida $18K (55%)

Pennsylvania $10K (30%)

Ohio $5K (15%)

States

Florida Ohio Pennsylvania

Cities

ClevelandLorettoMountvilleVero Beach

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2023	2022	2021
Total Assets	$36,039	$36,025	$36,030
Revenue	$14	$6	$621
Expenses	—	$11	$10,000
Qualifying Distributions	—	—	$10,000
Net Investment Income	$14	$6	$824
Distributable Amount	$1,775	$1,774	$1,764

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2023

Grant Size Distribution

11 grants across all recorded years

Giving History

Grant recipients and amounts by year

No grants recorded for 2023.

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2023 IRS filing

From 2023 filing

Name	Title	Hours	Compensation
MICHAEL J PIERCE	TRUSTEE	10	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is The Michael J Pierce & Kathleen R Pierce Foundation?

The Michael J Pierce & Kathleen R Pierce Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in VERO BEACH, FL. It holds $36K in total assets as of 2023.

How large is The Michael J Pierce & Kathleen R Pierce Foundation?

As of 2023, The Michael J Pierce & Kathleen R Pierce Foundation holds $36K in total assets with $14 in annual revenue.

Where does The Michael J Pierce & Kathleen R Pierce Foundation operate?

The Michael J Pierce & Kathleen R Pierce Foundation has awarded grants in Florida, Ohio, Pennsylvania.

How much is The Michael J Pierce & Kathleen R Pierce Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2023, The Michael J Pierce & Kathleen R Pierce Foundation reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Michael J Pierce & Kathleen R Pierce Foundation's EIN?

The Michael J Pierce & Kathleen R Pierce Foundation's EIN (Employer Identification Number) is 25-6719605. IRS Form 990 filing data is available on this page for 2020–2023.