Walter S Pierce Foundation Inc
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
Share of all 11 itemized 2025 grant dollars.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
Grant Size Distribution
60 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| CRISTO REY TAMPA HIGH SCHOOL Tampa, FL | PROVIDES FUNDS TO HIGH SCHOOL | $12,500 |
| JESUIT TUITION ASSISTANCE Tampa, FL | JESUIT HIGH SCHOOL TUITION FUND | $5,500 |
| METROPOLITAN MINISTRIES Tampa, FL | PROVIDES FOOD & ASSISTANCE TO THE NEEDY | $5,000 |
| CHILDREN'S HOME NETWORK Tampa, FL | PROVIDES HOUSING FOR FOSTER CHILDREN | $4,000 |
| FEEDING TAMPA BAY Tampa, FL | PROVIDES FOOD FOR THE HOMELESS | $4,000 |
| LOVE INC OF METRO TAMPA Tampa, FL | HELPS CHURCHES TO HELP PEOPLE | $3,500 |
| MEALS ON WHEELS OF TAMPA Tampa, FL | PROVIDES FOOD AND HOME SERVICES FOR THE NEEDY | $3,500 |
| JUDEO CHRISTIAN HEALTH CLINIC INC Tampa, FL | PROVIDES MEDICAL SERVICE TO THE NEEDY | $3,000 |
| ST LAWRENCE CATHOLIC CHURCH Tampa, FL | OPERATION MATTHEW 25 OUTREACH MINISTRY | $3,000 |
| LIFE PATH HOSPICE Tampa, FL | PROVIDES HOME AND HEALTH SERVICES FOR THE DYING | $1,500 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| 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
- 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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