The Nicholas J Pisaris Foundation
The Nicholas J Pisaris Foundation is a private foundation based in Pittsboro, North Carolina. In its 2025 filing, it reported 16 grants totaling $52,300 to charitable, educational, and religious organizations.
Key facts about The Nicholas J Pisaris Foundation
In short: The Nicholas J Pisaris Foundation gave $52K across 16 grants in 2025 (avg $3K), mostly in Florida. 31% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- EIN
- 26-2940278
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $52,300
- Grants made (2025)
- 16
- Average grant
- $3,269
- Median grant
- $2,000
- New grantees (estimate)
- 31% first-time grantees (5 of 16, 2025)
- Total assets
- $600,202
- Primary geography
- Florida (59% of itemized 2025 grant dollars)
- Accepts unsolicited proposals
- No
- How to apply
- The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓
Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$600K
+4.1% YoY
Annual Giving
$52K
+141.6% YoY
Grant Count
16
+33.3% YoY
Avg Grant Size
$3K
+81.2% YoY
Under IRS private-foundation payout rules, The Nicholas J Pisaris Foundation reported a distributable amount of $34K for 2025 — the minimum it must pay out in qualifying distributions.
Is The Nicholas J Pisaris Foundation open to new grantees?
31%
first-time grantees, 2025
In 2025, 5 of 16 grantees (31%) were first-time recipients. First grants averaged $6K; repeat grants $2K. How we count
Medians: $1K first-time, $2K repeat.
- 69% of 2025 grantees were also funded in 2024. Method
- Giving grew 61% from 2022 to 2025. Method
- In 2025 it paid out 155% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants included support for universities, schools, a museum, a religious organization, and other charitable organizations. Among the grantees, Emory University describes its mission as creating, preserving, teaching, and applying knowledge in the service of humanity. St. Thomas University describes itself as a Catholic university committed to students’ academic and professional success and to developing ethical leaders.
Grantmaking
In filing year 2025, the foundation made 16 grants totaling $52,300. Grants ranged from $500 to $25,000, with a median grant of $2,000. The largest grants included $25,000 to Generosity Ministry, $4,800 to Galloway Ridge Foundation, $4,000 to Joseph W Stilwell Institute, and $3,000 to Michael C Carlos Museum.
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Geographic Focus
Where this funder awards grants
In 2025, Florida recipients received 59% of grant dollars, North Carolina 11%, Georgia 10%, New York 8%, and Massachusetts 8%.
Grant Distribution by State
Share of 2025 grant dollars across all 16 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $22K (2024) to $52K (2025). In 2025 it made 16 grants totaling $52K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Generosity Ministry ($25K). Together the top 10 received $48K.
Grant Size Distribution
67 grants across all recorded years
The most common grant size was under $50K: 67 grants of 67 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Generosity Ministry Delray Beach, FL | Charitable | $25,000 |
| Galloway Ridge Foundation Pittsboro, NC | Charitable | $4,800 |
| Joseph W Stilwell Institute Chelmsford, MA | Charitable | $4,000 |
| Michael C Carlos Museum Atlanta, GA | Educational | $3,000 |
| American Farm School New York, NY | Educational | $2,000 |
| American School Classical Studies Princeton, NJ | Educational | $2,000 |
| Emory University Atlanta, GA | Educational | $2,000 |
| King Baudouin Foundation New York, NY | Charitable | $2,000 |
| St Sophia Greek Orthodox Miami, FL | Religious | $2,000 |
| Florida International University Miami, FL | Educational | $1,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants |
|---|---|---|---|---|
| 2025 | $600,202 | $85,118 | $61,233 | $52,300 |
| 2024 | $576,317 | $108,246 | $29,168 | $21,650 |
| 2023 | $497,239 | $81,998 | $30,619 | $22,900 |
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $600,202 | $576,317 | $497,239 |
| Revenue | $85,118 | $108,246 | $81,998 |
| Expenses | $61,233 | $29,168 | $30,619 |
| Qualifying Distributions | $52,300 | $21,650 | $22,900 |
| Net Investment Income | $26,185 | $50,728 | $24,279 |
| Distributable Amount | $33,850 | $28,910 | $25,383 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2025
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Nicholas J Pisaris as president, and Susan Olix and Stephanie Pisaris as directors.
The Nicholas J Pisaris Foundation is led by Nicholas J. Pisaris, President on every filing since 2020; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Nicholas J. Pisaris
President
On filings since 2020
1 hr/week
No compensation reported
Stephanie Pisaris
Director
New on the 2025 filing
0.3 hrs/week
No compensation reported
Susan Olix
Director
New on the 2025 filing
0.3 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Contact
Mailing address: 3000 Galloway Ridge B-208, Pittsboro, NC 27312
Phone: (305) 377-0707
Frequently asked questions about The Nicholas J Pisaris Foundation
How much does The Nicholas J Pisaris Foundation give each year?
The Nicholas J Pisaris Foundation gave $52K across 16 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $22K across 12 grants.
What is The Nicholas J Pisaris Foundation's typical grant size?
The Nicholas J Pisaris Foundation's median grant in 2025 was $2,000, and its average grant was $3,269, across 16 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The Nicholas J Pisaris Foundation that year got $6K on average.
Where does The Nicholas J Pisaris Foundation give grants?
The Nicholas J Pisaris Foundation gives mostly in Florida: 59% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were North Carolina (11%) and Georgia (10%). The most frequent recipient cities were Miami, FL (4 grants), Pittsboro, NC (2 grants), Atlanta, GA (2 grants) and New York, NY (2 grants).
Does The Nicholas J Pisaris Foundation give general operating support?
Not in 2025: none of the 16 grants with a stated purpose on The Nicholas J Pisaris Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (8 grants) and "Educational" (7 grants).
Who are The Nicholas J Pisaris Foundation's largest grantees?
The Nicholas J Pisaris Foundation's largest 2025 grantees include Generosity Ministry ($25,000), Galloway Ridge Foundation ($4,800) and Joseph W Stilwell Institute ($4,000), according to its 2025 IRS Form 990-PF. Together they received 65% of its itemized 2025 grant dollars.
How large is The Nicholas J Pisaris Foundation?
The Nicholas J Pisaris Foundation reported $600K in total assets on its 2025 IRS Form 990-PF. It paid out $52K in qualifying distributions that year, against a required minimum of $34K (roughly 5% of its investment assets).
What does The Nicholas J Pisaris Foundation fund?
No mission statement for the foundation is provided. Its 2025 grants included support for universities, schools, a museum, a religious organization, and other charitable organizations. See mission & focus areas ↑
How do I apply for a grant from The Nicholas J Pisaris Foundation?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Nicholas J Pisaris Foundation's EIN?
The Nicholas J Pisaris Foundation's EIN (Employer Identification Number) is 26-2940278. IRS Form 990 filing data is available on this page for 2020–2025.
Does The Nicholas J Pisaris Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
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