Walter S Pierce Foundation Inc

Foundation · Grantmaker Tampa, FL EIN: 23-7292648

Walter S Pierce Foundation Inc is a private foundation, based in Tampa, FL. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $937K in total assets. In 2025, it awarded 11 grants totaling $47K. Net investment income was $483K.

Key facts about Walter S Pierce Foundation Inc

In short: Walter S Pierce Foundation Inc gave $47K across 11 grants in 2025 (avg $4K), mostly in Florida. 0% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

EIN
23-7292648
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$47,000
Grants made (2025)
11
Average grant
$4,273
Median grant
$3,500
New grantees (estimate)
0% first-time grantees (0 of 10, 2025)
Total assets
$937,034
Primary geography
Florida (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$937K

+86.8% YoY

Annual Giving

$47K

+20.5% YoY

Grant Count

11

-8.3% YoY

Avg Grant Size

$4K

+31.5% YoY

Under IRS private-foundation payout rules, Walter S Pierce Foundation Inc reported a distributable amount of $45K for 2025 — the minimum it must pay out in qualifying distributions.

Is Walter S Pierce Foundation Inc open to new grantees?

0%

first-time grantees, 2025

In 2025, 0 of 10 grantees (0%) were first-time recipients. How we count

  • 100% of 2025 grantees were also funded in 2024. Method
  • Giving grew 25% from 2022 to 2025. Method
  • In 2025 it paid out 104% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2021–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 11 itemized 2025 grant dollars.

States

Cities

TampaTierra Verde

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K13 grants202112 grants202212 grants202312 grants202411 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Cristo Rey Tampa High School: $13KCristo Rey Tampa High School$13KJesuit Tuition Assistance: $6KJesuit Tuition Assistance$6KMetropolitan Ministries: $5KMetropolitan Ministries$5KChildren's Home Network: $4KChildren's Home Network$4KFeeding Tampa Bay: $4KFeeding Tampa Bay$4KLove Inc of Metro Tampa: $4KLove Inc of Metro Tampa$4KMeals on Wheels of Tampa: $4KMeals on Wheels of Tampa$4KJudeo Christian Health Clinic Inc: $3KJudeo Christian Health ClinicInc$3KSt Lawrence Catholic Church: $3KSt Lawrence Catholic Church$3KLife Path Hospice: $2KLife Path Hospice$2K

Grant Size Distribution

60 grants across all recorded years

60<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
CRISTO REY TAMPA HIGH SCHOOL Tampa, FLPROVIDES FUNDS TO HIGH SCHOOL$12,500
JESUIT TUITION ASSISTANCE Tampa, FLJESUIT HIGH SCHOOL TUITION FUND$5,500
METROPOLITAN MINISTRIES Tampa, FLPROVIDES FOOD & ASSISTANCE TO THE NEEDY$5,000
CHILDREN'S HOME NETWORK Tampa, FLPROVIDES HOUSING FOR FOSTER CHILDREN$4,000
FEEDING TAMPA BAY Tampa, FLPROVIDES FOOD FOR THE HOMELESS$4,000
LOVE INC OF METRO TAMPA Tampa, FLHELPS CHURCHES TO HELP PEOPLE$3,500
MEALS ON WHEELS OF TAMPA Tampa, FLPROVIDES FOOD AND HOME SERVICES FOR THE NEEDY$3,500
JUDEO CHRISTIAN HEALTH CLINIC INC Tampa, FLPROVIDES MEDICAL SERVICE TO THE NEEDY$3,000
ST LAWRENCE CATHOLIC CHURCH Tampa, FLOPERATION MATTHEW 25 OUTREACH MINISTRY$3,000
LIFE PATH HOSPICE Tampa, FLPROVIDES HOME AND HEALTH SERVICES FOR THE DYING$1,500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K20212022202320242025
Metric202520242023
Total Assets$937,034$501,538$497,600
Revenue$482,557$42,999$43,835
Expenses$47,061$39,061$50,061
Qualifying Distributions$47,000$39,000$50,000
Net Investment Income$482,557$42,999$43,835
Distributable Amount$45,408$45,390$38,991

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2025

Leadership & Key People

Officers and directors from IRS filings

Walter S Pierce Foundation Inc is led by Froment J. Gonzalez, President on every filing since 2021; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Froment J. Gonzalez

    President

    On filings since 2021

    No compensation reported

  • Sam S. Ferlita CPA

    V.p. & Treasurer

    On filings since 2021

    No compensation reported

  • William H. Cauthen

    V.p. & Secretary

    On filings since 2021

    No compensation reported

Data from IRS Form 990 filings, 2021–2025. "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 Walter S Pierce Foundation Inc

How much does Walter S Pierce Foundation Inc give each year?

Walter S Pierce Foundation Inc gave $47K across 11 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $39K across 12 grants.

What is Walter S Pierce Foundation Inc's typical grant size?

Walter S Pierce Foundation Inc's median grant in 2025 was $3,500, and its average grant was $4,273, across 11 grants on its 2025 IRS Form 990-PF.

Where does Walter S Pierce Foundation Inc give grants?

Walter S Pierce Foundation Inc gives mostly in Florida: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Tampa, FL (11 grants).

Does Walter S Pierce Foundation Inc give general operating support?

Not in 2025: none of the 11 grants with a stated purpose on Walter S Pierce Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support.

Who are Walter S Pierce Foundation Inc's largest grantees?

Walter S Pierce Foundation Inc's largest 2025 grantees include Cristo Rey Tampa High School ($12,500), Jesuit Tuition Assistance ($5,500) and Metropolitan Ministries ($5,000), according to its 2025 IRS Form 990-PF. Together they received 49% of its itemized 2025 grant dollars.

How large is Walter S Pierce Foundation Inc?

Walter S Pierce Foundation Inc reported $937K in total assets on its 2025 IRS Form 990-PF. It paid out $47K in qualifying distributions that year, against a required minimum of $45K (roughly 5% of its investment assets).

What is Walter S Pierce Foundation Inc's EIN?

Walter S Pierce Foundation Inc's EIN (Employer Identification Number) is 23-7292648. IRS Form 990 filing data is available on this page for 2021–2025.

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

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