Pearce Family Foundation Inc
- Assets
- $1.9m
- Revenue
- $375.5k
- Investments
- $1.9m
- Employees
- 0
- Location
- Sandy Springs, GA
- Founding
- 12/2007
- Data as of
- 12/2023
- EIN
- 20-5862925
Organization Overview
Pearce Family Foundation Inc is located in Sandy Springs, GA. The organization was established in 2007. 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. Pearce Family Foundation Inc 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 12/2023, Pearce Family Foundation Inc generated $375.5k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $121.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Pearce Family Foundation Inc has awarded 19 individual grants totaling $335,000. 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 |
|---|---|---|---|
Eugene L Pearce III President | 0 | $0 | |
Elizabeth R Pearce Secretary/treas | 0 | $0 | |
Elizabeth R Pearce Director | 0 | $0 | |
Virginia P Seawell Director | 0 | $0 | |
Anne W Worrell Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $202,403 |
| Interest on Savings | $0 |
| Dividends & Interest | $84,851 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $88,225 |
| Capital Gain Net Income | $88,225 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $375,479 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $16,897 |
| Contributions, gifts, grants paid | $105,000 |
| Total expenses and disbursements | $121,897 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3 |
| Savings and temporary cash investments | $51,629 |
| 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 | $1,921,155 |
| 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, Pearce Family Foundation Inc has awarded $105,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
AGAPE YOUTH AND FAMILY CENTER PURPOSE: TO PROVIDE SUPPORT FOR OPERATIONS | $21,000 |
CAMP TWIN LAKES PURPOSE: TO PROVIDE FUNDING FOR OPERATIONS | $21,000 |
EMORY'S GOIZUETA ALZHEIMER'S DISEASE RESEARCH CENTER PURPOSE: TO PROVIDE FUNDING FOR OPERATIONS & RESEARCH | $21,000 |
PETS ARE LOVING SUPPORT PURPOSE: TO PROVIDE FUNDING FOR OPERATIONS | $21,000 |
WHITEFOORD COMMUNITY PROGRAM PURPOSE: TO PROVIDE FUNDING FOR OPERATIONS | $21,000 |