The Benjamin & Corinne Pierce Charitable Foundation Inc is located in Tupelo, MS. Benjamin & Corinne Pierce Charitable 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 12/2016, Benjamin & Corinne Pierce Charitable Foundation Inc generated $30.0 in total revenue. All expenses for the organization totaled $404.2k during the year ending 12/2016.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2016
Describe the Organization's Mission:
Part 3 - Line 1
THE CORPORATION IS A SUPPORTING ORGANIZATION OF CREATE FOUNDATION, A MISSISSIPPI NONPROFIT CORPORATION WHICH QUALIFIES AS A TAX EXEMPT PUBLICLY SUPPORTED ORGANIZATION UNDER SECTION 509(A)(1) OF THE INTERNAL REVENUE CODE OF 1986. THE ORGANIZATION ENGAGES SOLELY IN ACTIVITIES THAT SUPPORT OR BENEFIT CREATE FOUNDATION, INC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS WERE MADE TO VARIOUS CHARITABLE ORGAN- IZATIONS INCLUDING PUBLIC SCHOOLS AND UNIVERSITIES TO IMPROVE EDUCATION AND COMMUNITY LIFE AND TO PROMOTE CHAR- ITABLE GIVING. SCHOLARSHIPS WERE PROVIDED TO LOCAL STUDENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mrs Corinne Pierce Director | OfficerTrustee | $0 | |
Mr Mike Clayborne Secretary | OfficerTrustee | $0 | |
Mrs Mary Jones President | Trustee | $0 | |
Mr Wendell Trapp Jr Director | Trustee | $0 | |
Mr Benjamin Pierce Director | Trustee | $0 | |
Mr Hoot Wilder Director | Trustee | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Investment income | $30 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $30 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $361,290 |
Grants and other assistance to domestic individuals. | $16,250 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $404,168 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $0 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Unrestricted restricted net Assets | $0 |
Temporarily restricted net Assets | $0 |
Permanently restricted net Assets or current funds | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total net assets or fund balances | $0 |
Over the last fiscal year, The Benjamin & Corinne Pierce Charitable Foundation Inc has awarded $309,790 in support to 5 organizations.
Grant Recipient | Amount |
---|---|
CREATE FOUNDATION (DISSOLUTION) | | | $183,290 |
THE LIGHTHOUSE FOUNDATION OF CORINT | | | $84,000 |
BOYS AND GIRLS CLUBBOONEVILLE | | | $20,000 |
CREATE FOUNDATION INC | | | $12,500 |
MS STATE UNIVERSITY- SMALL TOWN CTR | | | $10,000 |
Organization Name | Assets | Revenue |
---|---|---|
Deep East Texas Electric Co-Operative Inc San Augustine, TX | $258,283,792 | $99,942,050 |
Nhnfp Healthcare Inc Atlanta, GA | $223,126,263 | $90,563,041 |
Georgia Tech Foundation Inc Atlanta, GA | $3,057,656,645 | $246,304,114 |
Memorial Hermann Hospital Based Physician Group Houston, TX | $12,517,571 | $82,920,785 |
Providence Health Alliance Inc St Louis, MO | $27,745,143 | $62,779,739 |
Public Interest Registry Reston, VA | $67,348,678 | $103,286,594 |
Aspire Health Partners Inc Orlando, FL | $88,783,924 | $102,481,660 |
Dixie Electric Power Assn Laurel, MS | $277,061,319 | $96,509,999 |
Ach Child And Family Services Fort Worth, TX | $163,813,747 | $98,425,348 |
Alexian Brothers Ambulatory Group St Louis, MO | $321,335,814 | $68,677,417 |
United States Catholic Conference Ada, OK | $58,995,230 | $102,251,380 |
Florida Charter Educational Foundation Inc Ft Lauderdale, FL | $156,543,730 | $97,506,587 |