The Pi Foundation Inc
The Pi Foundation Inc is a public charity based in Salt Lake City, Utah. Formed in 2002, it supports charitable giving through education, resources, and donor-advised funds, and says it financially supports a wide range of local and national organizations.
The Pi Foundation Inc at a glance
In short: The Pi Foundation Inc gave $5.9M across 24 grants in 2024 (avg $247K), mostly in Utah. 45% of 2024 grantees were new. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $5,932,312
- +18.8% vs 2023
- Grants made (2024)
- 24
- +4.3% vs 2023
- Average grant
- $247,180
- +13.8% vs 2023
- Median grant
- $18,576
- Total assets
- $32,244,162
- -6.9% vs 2023
- New grantees (estimate)
- 45% first-time grantees (10 of 22, 2024; small sample)
- Primary geography
- Utah (82% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Pi Foundation Inc
- Contact
Mailing address: 405 S Main Ste 800, Salt Lake City, UT 84111
Phone: (801) 530-7400
Website: https://thepifund.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Pi Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was LDS Church ($2.2M across 2 grants). Together the top 10 received $5.8M.
Grant Size Distribution
95 grants across all recorded years
The most common grant size was under $50K: 55 grants of 95 (58%).
Geographic Focus
Where this funder awards grants
In 2024, 82% of grant dollars went to recipients in Utah, 15% to Massachusetts, and 3% to Kansas. The filing also lists Texas and Idaho, each at 0%. The foundation describes its support as reaching a wide range of local and national organizations.
Grant Distribution by State
Share of 2024 grant dollars across all 24 itemized grants.
States
Cities
Is The Pi Foundation Inc open to new grantees?
45%
first-time grantees, 2024
In 2024, 10 of 22 grantees (45%) were first-time recipients. With only 22 grantees, that is a small sample: one grantee more or less moves the share by about 5 points. First grants averaged $143K; repeat grants $375K. How we count
Medians: $10K first-time, $125K repeat.
- 45% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+8%). Method
Estimate from itemized grant lists in IRS Form 990 filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $5.0M (2023) to $19.6M (2022). In 2024 it made 24 grants totaling $5.9M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| LDS Church Salt Lake City, UT | Support Charity Org | $2,234,364 |
| North Logan City North Logan, UT | Support Charity Org | $1,000,000 |
| Fidelity Donor Advised Fund Boston, MA | Support Charity Org | $869,450 |
| B H Roberts Foundation Holladay, UT | Support Charity Org | $527,416 |
| Tifie Humanitarian Bluffdale, UT | Support Charity Org | $256,000 |
| Intermountain Foundation Salt Lake City, UT | Support Charity Org | $252,500 |
| Rods Heroes Lehi, UT | Support Charity Org | $250,000 |
| Bishop Ward High School Kansas City, KS | Support Charity Org | $200,000 |
| Leadership Educational Achievement Smithfield, UT | Support Charity Org | $125,000 |
| Granite Education Foundation Salt Lake City, UT | Support Charity Org | $50,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $32,244,162 | $2,732,382 | $6,301,943 | $5,932,312 | 24 | $2,546,681 |
| 2023 | $34,650,142 | $7,857,032 | $5,339,033 | $4,993,652 | 23 | $2,687,601 |
| 2022 | $33,515,519 | $14,907,643 | $20,020,419 | $19,645,484 | 18 | $1,197,318 |
| 2021 | $42,544,136 | $12,945,919 | $5,848,011 | $5,486,995 | 16 | $3,627,295 |
| 2020 | $34,306,689 | $4,430,177 | $16,909,382 | $16,494,098 | 14 | $654,592 |
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The foundation’s stated mission is to “support, encourage, and foster charitable giving” through education, resources, and donor-advised funds. Its website describes donor-advised funds as accounts for charitable giving from which donors can recommend donations to charities.
Grantees’ stated missions show the range of organizations it supported in 2024. The B.H. Roberts Foundation says it researches, publishes media, and educates the public about Mormonism. The Intermountain Healthcare Foundation says it provides philanthropic leadership for IHC Health Services. Granite Education Foundation says it works to reduce barriers to learning and expand opportunities for students and educators in the Granite School District. Huntsman Cancer Foundation says its mission is to support research at Huntsman Cancer Institute.
Grantmaking
In 2024, the foundation reported 24 grants totaling $5,932,312. Grants ranged from $5,500 to $2,234,364, with a median grant of $18,576.
Among its largest 2024 grants were $2,234,364 to LDS Church, $1,000,000 to North Logan City, $869,450 to Fidelity Donor Advised Fund, and $527,416 to B.H. Roberts Foundation. Other grants included $256,000 to Tifie Humanitarian, $252,500 to Intermountain Foundation, $250,000 to Rods Heroes, and $200,000 to Bishop Ward High School. The listed grant purposes were “support charity org.”
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists L. S. McCullough II as president, Gregory C. Zaugg as vice president and treasurer, and L. Stanford McCullough IV as director. The fund’s website lists L. S. McCullough II as president and director, Gregory C. Zaugg as vice president and executive director, and L. Stanford McCullough IV as director.
The Pi Foundation Inc is led by L. S. McCullough II, President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
L. S. McCullough II
President
On filings since 2020
5 hrs/week
No compensation reported
L. Stanford McCullough IV
Director
On filings since 2022
5 hrs/week
No compensation reported
Gregory C. Zaugg
Vice President & Treasurer
Treasurer → Vice President & Treasurer, 2022
On filings since 2020
8 hrs/week
No compensation reported
Former officers (2)
- Former: Teresa M. Robison (2020–2023) — Secretary
- Former: Scott M. McCullough (2020–2021) — Trustee
Data from IRS Form 990 filings, 2020–2024. "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 The Pi Foundation Inc
How much does The Pi Foundation Inc give each year?
The Pi Foundation Inc gave $5.9M across 24 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $5.0M across 23 grants.
What is The Pi Foundation Inc's typical grant size?
The Pi Foundation Inc's median grant in 2024 was $18,576, and its average grant was $247,180, across 24 grants on its 2024 IRS Form 990. Organizations receiving their first grant from The Pi Foundation Inc that year got $143K on average.
Where does The Pi Foundation Inc give grants?
The Pi Foundation Inc gives mostly in Utah: 82% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The next largest state was Massachusetts (15%). The most frequent recipient cities were Salt Lake City, UT (8 grants) and Provo, UT (3 grants).
Does The Pi Foundation Inc give general operating support?
Not in 2024: none of the 24 grants with a stated purpose on The Pi Foundation Inc's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "Support Charity Org" (24 grants).
Who are The Pi Foundation Inc's largest grantees?
The Pi Foundation Inc's largest 2024 grantees include LDS Church ($2,240,164 across 2 grants), North Logan City ($1,000,000) and Fidelity Donor Advised Fund ($869,450), according to its 2024 IRS Form 990. Together they received 69% of its itemized 2024 grant dollars.
How large is The Pi Foundation Inc?
The Pi Foundation Inc reported $32.2M in total assets on its 2024 IRS Form 990. Its revenue that year was $2.7M.
What does The Pi Foundation Inc fund?
The foundation’s stated mission is to “support, encourage, and foster charitable giving” through education, resources, and donor-advised funds. Its website describes donor-advised funds as accounts for charitable giving from which donors can recommend donations to charities. See mission & focus areas ↑
How do I apply for a grant from The Pi Foundation Inc?
The Pi Foundation Inc has no public application process in the sources Grantable reviewed. Check thepifund.org for current guidelines, or contact the foundation directly before submitting a request.
What is The Pi Foundation Inc's EIN?
The Pi Foundation Inc's EIN (Employer Identification Number) is 35-2191048. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990 filings. Research dossier generated October 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 15, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 14, 2025)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in The Pi Foundation Inc's focus areas in our free grants database
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Cite this profile
Grantable. (2026). The Pi Foundation Inc funder profile. GrantGraph. Retrieved October 15, 2026, from https://grantable.co/funders/the-pi-foundation-inc-morg_9f5fee46c218455f963ec6b130d09ef9
BibTeX
@misc{grantable_352191048_2026,
author = {{Grantable}},
title = {{The Pi Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-pi-foundation-inc-morg_9f5fee46c218455f963ec6b130d09ef9},
note = {Accessed 2026-10-15. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The Pi Foundation Inc'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.
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