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The Pi Foundation Inc

Foundation · Grantmaker SALT LAKE CITY, UT EIN: 35-2191048 Website

THE PI FOUNDATION'S MISSION IS TO SUPPORT, ENCOURAGE, AND FOSTER CHARITABLE GIVING. THE FOUNDATION DOES THIS THROUGH EDUCATION, RESOURCES, AND DONOR ADVISED FUNDS. THE FOUNDATION FINANCIALLY SUPPORTS A WIDE RANGE OF LOCAL AND NATIONAL ORGANIZATIONS.

Key facts about The Pi Foundation Inc

EIN
35-2191048
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$5,062,862
Grants made (2024)
23
Average grant
$220,124
Median grant
$12,151
Total assets
$32,244,162
Primary geography
Utah (96% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated April 2026.

Who The Pi Foundation Inc funds

By grant dollars, the top recipient states for The Pi Foundation Inc's 23 itemized 2024 grants were Utah (96%). The most frequent recipient cities were Salt Lake City, UT (8 grants) and Provo, UT (3 grants). None of its 23 grants with a stated purpose were described as general or operating support. Recurring purposes include "Support Charity Org" (23 grants).

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$32.2M

-6.9% YoY

Annual Giving

$5.1M

+1.4% YoY

Grant Count

23

+0.0% YoY

Avg Grant Size

$220K

+1.4% YoY

About The Pi Foundation Inc

Based on IRS filings

The Pi Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in SALT LAKE CITY, UT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $32.2M in total assets. In 2024, it awarded 23 grants totaling $5.1M. Net investment income was $2.5M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

10states
+2 more states

Cities

Salt Lake CityProvoBluffdaleOremDallasKansas CitySandySpanish ForkHolladayLoganMillcreekMt PleasantAnaheimBostonBountifulCoeur DaleneDraperFarmingtonGreenwood VillageLehi

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$6M$11M$17M$22M20202021202220232024
Metric202420232022
Total Assets$32,244,162$34,650,142$33,515,519
Revenue$2,732,382$7,857,032$14,907,643
Expenses$6,301,943$5,339,033$20,020,419
Qualifying Distributions———
Net Investment Income$2,546,681$2,687,601$1,197,318
Distributable Amount———

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$3M$4M$6M0 grants202016 grants202116 grants202223 grants202323 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Lds Church$2.2M · 2 grantsNorth Logan City$1.0MB H Roberts Foundation$527KTifie Humanitarian$256KIntermountain Foundation$253KRods Heroes$250KBishop Ward High School$200KLeadership Educational A…$125KGranite Education Founda…$50KMore Good Foundation$46K

Grant Size Distribution

78 grants across all recorded years

48<$50K7$50–100K7$100–250K7$250–500K4$500K–1M5$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Lds Church ($2,240,164 across 2 grants), North Logan City ($1,000,000), B H Roberts Foundation ($527,416).

RecipientPurposeAmount
LDS CHURCH SALT LAKE CITY, UTSUPPORT CHARITY ORG$2,234,364
NORTH LOGAN CITY NORTH LOGAN, UTSUPPORT CHARITY ORG$1,000,000
B H ROBERTS FOUNDATION HOLLADAY, UTSUPPORT CHARITY ORG$527,416
TIFIE HUMANITARIAN BLUFFDALE, UTSUPPORT CHARITY ORG$256,000
INTERMOUNTAIN FOUNDATION SALT LAKE CITY, UTSUPPORT CHARITY ORG$252,500
RODS HEROES LEHI, UTSUPPORT CHARITY ORG$250,000
BISHOP WARD HIGH SCHOOL KANSAS CITY, KSSUPPORT CHARITY ORG$200,000
LEADERSHIP EDUCATIONAL ACHIEVEMENT SMITHFIELD, UTSUPPORT CHARITY ORG$125,000
GRANITE EDUCATION FOUNDATION SALT LAKE CITY, UTSUPPORT CHARITY ORG$50,000
MORE GOOD FOUNDATION OREM, UTSUPPORT CHARITY ORG$45,833

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
L S MCCULLOUGH IIPRESIDENT5—
GREGORY C ZAUGGVP/TREASURER8—
L STANFORD MCCULLOUGH IVDIRECTOR5—

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Pi Foundation Inc?

The Pi Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in SALT LAKE CITY, UT. It holds $32.2M in total assets as of 2024.

How large is The Pi Foundation Inc?

As of 2024, The Pi Foundation Inc holds $32.2M in total assets with $2.7M in annual revenue. It awarded 23 grants totaling $5.1M in 2024.

Where does The Pi Foundation Inc operate?

The Pi Foundation Inc has awarded grants in Arizona, California, Colorado, Idaho, Kansas, Massachusetts, North Carolina, Texas, Utah, Washington.

What size grants does The Pi Foundation Inc award?

In 2024, The Pi Foundation Inc awarded 23 grants totaling $5.1M — an average of about $220K per grant, based on its IRS Form 990 filings.

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.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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