Walter S Pierce Foundation Inc

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.

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.

About Walter S Pierce Foundation Inc

Based on IRS filings

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

TampaTierra Verde

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$133K$265K$398K$531K20212022202320242025
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

Giving Over Time

Total grant dollars and number of grants per year

$0$13K$25K$38K$50K13 grants202112 grants202212 grants202312 grants202411 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

CRISTO REY TAMPA HIGH SC…$13KJESUIT TUITION ASSISTANCE$6KMETROPOLITAN MINISTRIES$5KCHILDREN'S HOME NETWORK$4KFEEDING TAMPA BAY$4KLOVE INC OF METRO TAMPA$4KMEALS ON WHEELS OF TAMPA$4KJUDEO CHRISTIAN HEALTH C…$3KST LAWRENCE CATHOLIC CHU…$3KLIFE 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

Among its reported 2025 grants, the largest include Cristo Rey Tampa High School ($12,500), Jesuit Tuition Assistance ($5,500), Metropolitan Ministries ($5,000).

RecipientPurposeAmount
CHILDREN'S HOME NETWORK TAMPA, FLPROVIDES HOUSING FOR FOSTER CHILDREN$4,000
CRISTO REY TAMPA HIGH SCHOOL TAMPA, FLPROVIDES FUNDS TO HIGH SCHOOL$12,500
FEEDING TAMPA BAY TAMPA, FLPROVIDES FOOD FOR THE HOMELESS$4,000
JESUIT TUITION ASSISTANCE TAMPA, FLJESUIT HIGH SCHOOL TUITION FUND$5,500
JUDEO CHRISTIAN HEALTH CLINIC INC TAMPA, FLPROVIDES MEDICAL SERVICE TO THE NEEDY$3,000
LIFE PATH HOSPICE TAMPA, FLPROVIDES HOME AND HEALTH SERVICES FOR THE DYING$1,500
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
METROPOLITAN MINISTRIES TAMPA, FLPROVIDES FOOD & ASSISTANCE TO THE NEEDY$5,000
THE SOCIETY OF SAINT VINCENT DE PAUL TAMPA, FLPROVIDES PERSON-TO-PERSON SERVICE TO INDIVIDUALS IN NEED$1,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

NameTitleHoursCompensation
SAM S FERLITA CPAV.P. & TREASURER
WILLIAM H CAUTHENV.P. & SECRETARY
FROMENT J GONZALEZPRESIDENT

Frequently Asked Questions

How large is Walter S Pierce Foundation Inc?

As of 2025, Walter S Pierce Foundation Inc holds $937K in total assets with $483K in annual revenue. It awarded 11 grants totaling $47K in 2025.

Where does Walter S Pierce Foundation Inc operate?

Walter S Pierce Foundation Inc has awarded grants in Florida.

What size grants does Walter S Pierce Foundation Inc award?

In 2025, Walter S Pierce Foundation Inc awarded 11 grants totaling $47K — an average of about $4K per grant, based on its IRS Form 990 filings.

How much is Walter S Pierce Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Walter S Pierce Foundation Inc reported a distributable amount of $45K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

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.

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

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