Walter S Pierce Foundation Inc
- Assets
- $501.5k
- Revenue
- $43.0k
- Investments
- $483.4k
- Employees
- 0
- Location
- Tampa, FL
- Founding
- 05/1973
- Data as of
- 06/2024
- EIN
- 23-7292648
Organization Overview
Walter S Pierce Foundation Inc is located in Tampa, FL. The organization was established in 1973. 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. Walter S Pierce 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 06/2024, Walter S Pierce Foundation Inc generated $43.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.3% each year. All expenses for the organization totaled $39.1k during the year ending 06/2024. While expenses have increased by 0.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Walter S Pierce Foundation Inc has awarded 78 individual grants totaling $224,516. 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 |
|---|---|---|---|
Sam S Ferlita CPA V.P. & Treasurer | 0 | $0 | |
William H Cauthen V.P. & Secretary | 0 | $0 | |
Froment J Gonzalez President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5 |
| Dividends & Interest | $9,889 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $33,105 |
| Capital Gain Net Income | $33,105 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $42,999 |
| 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 | $61 |
| Total operating and administrative expenses | $61 |
| Contributions, gifts, grants paid | $39,000 |
| Total expenses and disbursements | $39,061 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,118 |
| Savings and temporary cash investments | $0 |
| 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 | $501,538 |
| 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, Walter S Pierce Foundation Inc has awarded $39,000 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
CHILDREN'S HOME NETWORK PURPOSE: PROVIDES HOUSING FOR FOSTER CHILDREN | $2,000 |
CRISTO REY TAMPA HIGH SCHOOL PURPOSE: PROVIDES FUNDS TO HIGH SCHOOL | $8,000 |
FEEDING TAMPA BAY PURPOSE: PROVIDES FOOD FOR THE HOMELESS | $1,000 |
JESUIT TUITION ASSISTANCE PURPOSE: JESUIT HIGH SCHOOL TUITION FUND | $6,000 |
JUDEO CHRISTIAN HEALTH CLINIC INC PURPOSE: PROVIDES MEDICAL SERVICE TO THE NEEDY | $3,000 |
LIFE PATH HOSPICE PURPOSE: PROVIDES HOME AND HEALTH SERVICES FOR THE DYING | $1,000 |