Christopher And Nancy Pierce Charitable Foundation
- Assets
- $1.6m
- Revenue
- $77.8k
- Investments
- $1.6m
- Employees
- 0
- Location
- Cumberland Foreside, ME
- Founding
- 02/2006
- Data as of
- 12/2022
- EIN
- 20-1966343
Organization Overview
Christopher And Nancy Pierce Charitable Foundation is located in Cumberland Foreside, ME. The organization was established in 2006. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Christopher And Nancy Pierce Charitable Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Christopher And Nancy Pierce Charitable Foundation generated $77.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $120.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Christopher And Nancy Pierce Charitable Foundation has awarded 60 individual grants totaling $573,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher A Pierce President & Treasurer | 0.2 | $0 | |
Nancy S Pierce Vice President | 0.1 | $0 | |
Jotham D Pierce Jr Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $88,110 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$10,340 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $77,770 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,370 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,648 |
| Total operating and administrative expenses | $19,806 |
| Contributions, gifts, grants paid | $100,500 |
| Total expenses and disbursements | $120,306 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $14,165 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,582,184 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Christopher And Nancy Pierce Charitable Foundation has awarded $100,500 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
CATHOLIC CHARITIES OF MAINE PURPOSE: UNRESTRICTED GENERAL SUPPORT | $10,000 |
BOYS AND GIRLS CLUB OF SOUTHERN MAINE PURPOSE: UNRESTRICTED GENERAL SUPPORT | $5,000 |
THE MITCHELL INSTITUTE PURPOSE: UNRESTRICTED GENERAL SUPPORT | $25,000 |
THE TRAVIS MILLS FOUNDATION PURPOSE: UNRESTRICTED GENERAL SUPPORT | $3,000 |
ST MARY OF THE VISITION PARISH FATHER KEVIN MARTIN PURPOSE: FATHER KEVIN MARTIN | $5,000 |
ST MARY OF THE VISITION PARISH PURPOSE: UNRESTRICTED GENERAL SUPPORT | $7,500 |