The Piersol Foundation Inc

KANSAS CITY, MO EIN: 48-1105869

The Piersol Foundation Inc is a private foundation, based in KANSAS CITY, MO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $483K in total assets. In 2024, it awarded 1 grants totaling $49K. Net investment income was $61K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$483K

-10.7% YoY

Annual Giving

$49K

+1.2% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$49K

+1.2% YoY

Under IRS private-foundation payout rules, The Piersol Foundation Inc reported a distributable amount of $49K for 2024 — the minimum it must pay out in qualifying distributions.

About The Piersol Foundation Inc

Based on IRS filings

Ready to take the next step with The Piersol Foundation Inc?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Kansas $267K (100%)

States

Kansas

Cities

Lecompton

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$482,572	$540,456	$572,663
Revenue	$70,763	$91,268	$114,231
Expenses	$128,647	$123,475	$124,752
Qualifying Distributions	$52,265	$51,115	$62,310
Net Investment Income	$61,041	$57,982	$90,221
Distributable Amount	$48,864	$47,982	$51,415

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Statement No 1 ($48,725).

Recipient	Purpose	Amount
Statement No 1 Lecompton, KS	Charitable	$48,725

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
Elinor K Tourtellot	Pres,Secr, Dir	5	—
Michael K Tourtellot	VP,Treas,Dir	1	—
George S Tourtellot	Director	—	—
Brooke K Tourtellot	Director	2.5	$55,800

Frequently Asked Questions

How large is The Piersol Foundation Inc?

As of 2024, The Piersol Foundation Inc holds $483K in total assets with $71K in annual revenue. It awarded 1 grants totaling $49K in 2024.

Where does The Piersol Foundation Inc operate?

The Piersol Foundation Inc has awarded grants in Kansas.

What size grants does The Piersol Foundation Inc award?

In 2024, The Piersol Foundation Inc awarded 1 grants totaling $49K — an average of about $49K per grant, based on its IRS Form 990 filings.

How much is The Piersol Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Piersol Foundation Inc reported a distributable amount of $49K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.