The Preservation Fund
The Preservation Fund is a private foundation, based in Wilmington, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.3M in total assets. In 2024, it awarded 3 grants totaling $45K. Net investment income was $183K.
The Preservation Fund at a glance
In short: The Preservation Fund gave $45K across 3 grants in 2024 (avg $15K), mostly in Georgia. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $45,000
- +301.8% vs 2023
- Grants made (2024)
- 3
- +0.0% vs 2023
- Average grant
- $15,000
- +301.8% vs 2023
- Median grant
- $10,000
- Total assets
- $2,283,757
- -5.9% vs 2023
- Primary geography
- Georgia (56% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who The Preservation Fund funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
The largest 2024 recipient was Servehaiti Inc ($25K). Together the top 3 received $45K.
Grant Size Distribution
21 grants across all recorded years
The most common grant size was under $50K: 21 grants of 21 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 3 itemized grants.
Cities
How The Preservation Fund gives
- Giving grew 971% from 2021 to 2024. Method
- In 2024 it paid out 235% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $4K (2021) to $45K (2024). In 2024 it made 3 grants totaling $45K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Servehaiti Inc Atlanta, GA | General & Unrestricted | $25,000 |
| Alabama School of Fine Arts Foundation Inc Birmingham, AL | the promotion of arts education | $10,000 |
| Trustees of Columbia University in the City of New New York, NY | the School of International and Public Affairs ("SIPA") | $10,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $2,283,757 | $212,072 | $356,322 | $45,000 | 3 | $329,237 | $182,593 | $140,219 |
| 2023 | $2,428,007 | $166,155 | $316,458 | $11,200 | 3 | $257,174 | $99,541 | $120,720 |
| 2022 | $2,578,310 | $32,470 | $306,106 | $22,000 | 4 | $248,497 | $55,704 | $130,880 |
| 2021 | $2,851,946 | $303,452 | $272,170 | $4,200 | 5 | $218,086 | $255,309 | $151,509 |
| 2020 | $2,820,664 | $88,723 | $290,444 | $15,000 | 6 | — | $39,030 | $146,492 |
Under IRS private-foundation payout rules, The Preservation Fund reported a distributable amount of $140K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Preservation Fund is led by Ponchitta Pierce, Director & President on every filing since 2020; 1 of 8 officers listed in 2024 is compensated.
Officers on the 2024 filing
Ponchitta Pierce
Director & President
On filings since 2020
40 hrs/week
$150K (2020) → $214K (2024)
Andrew Young
Director & Secretary
Director, Secretary & Chair → Director & Secretary, 2023
On filings since 2020
1 hr/week
No compensation reported
Arpad Krizsan
Director
On filings since 2020
1 hr/week
No compensation reported
David H Slavit
Director & Treasurer
Director, Treasurer & Executive Vice President → Director & Treasurer, 2023
On filings since 2020
1 hr/week
No compensation reported
Marcus Charles Moore
Director
On filings since 2020
1 hr/week
No compensation reported
Rosalie Valentino
Director
On filings since 2020
1 hr/week
No compensation reported
Victor Haydel
Director
On filings since 2020
1 hr/week
No compensation reported
Billy Stewart
Director
On filings since 2021
1 hr/week
No compensation reported
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.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $214K, to Ponchitta Pierce (Dir, Pres).
Frequently asked questions about The Preservation Fund
How much does The Preservation Fund give each year?
The Preservation Fund gave $45K across 3 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $11K across 3 grants.
What is The Preservation Fund's typical grant size?
The Preservation Fund's median grant in 2024 was $10,000, and its average grant was $15,000, across 3 grants on its 2024 IRS Form 990-PF.
Where does The Preservation Fund give grants?
The Preservation Fund gives mostly in Georgia: 56% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Alabama (22%) and New York (22%).
Does The Preservation Fund give general operating support?
Yes: 33% of The Preservation Fund's 2024 grants with a stated purpose (1 of 3) were for general or operating support, per its 2024 IRS Form 990-PF.
How large is The Preservation Fund?
The Preservation Fund reported $2.3M in total assets on its 2024 IRS Form 990-PF. It paid out $329K in qualifying distributions that year, against a required minimum of $140K (roughly 5% of its investment assets).
What is The Preservation Fund's EIN?
The Preservation Fund's EIN (Employer Identification Number) is 13-3690790. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 16, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 16, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 15, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS February 28, 2025)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS January 29, 2026)
- IRS filings on file for fiscal years 2020–2024
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Browse active grant opportunities in The Preservation Fund's focus areas in our free grants database
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