Heather And John Picerne Foundation
- Assets
- $2.6k
- Revenue
- $111.0k
- Investments
- $0.0
- Employees
- 0
- Location
- East Greenwich, RI
- Founding
- 10/2015
- Data as of
- 12/2021
- EIN
- 47-4840347
Organization Overview
Heather And John Picerne Foundation is located in East Greenwich, RI. The organization was established in 2015. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Heather And John Picerne 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 12/2021, Heather And John Picerne Foundation generated $111.0k 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 (23.1%) each year. All expenses for the organization totaled $110.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (23.1%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Heather And John Picerne Foundation has awarded 33 individual grants totaling $1,950,000. 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 |
|---|---|---|---|
John G Picerne Director, Treasurer | 0 | $0 | |
Heather Picerne Director, President | 0 | $0 | |
E Colby Cameron Director, Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $111,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $111,000 |
| 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 | $358 |
| Total operating and administrative expenses | $358 |
| Contributions, gifts, grants paid | $110,500 |
| Total expenses and disbursements | $110,858 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,599 |
| 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 | $2,599 |
| 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, Heather And John Picerne Foundation has awarded $110,500 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
Providence, RI PURPOSE: GENERAL CHARITABLE PURPOSES | $30,000 |
West Warwick, RI PURPOSE: GENERAL CHARITABLE PURPOSES | $25,000 |
Newport, RI PURPOSE: GENERAL CHARITABLE PURPOSES | $15,000 |
IRISHE GEORGIAN SOCIETY PURPOSE: GENERAL CHARITABLE PURPOSES | $10,000 |
WALNUT HILL SCHOOL FOR THE ARTS PURPOSE: GENERAL CHARITABLE PURPOSES | $10,000 |
Los Angeles, CA PURPOSE: GENERAL CHARITABLE PURPOSES | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Steven & Alexandra Cohen Foundation Inc Stamford, CT | $524,605,658 | $98,007,018 |
Liberty Mutual Foundation Inc Boston, MA | $40,383,671 | $39,283,240 |
Mercer Family Foundation Waltham, MA | $54,165,721 | $38,341,516 |
Brooks Family Foundation Boston, MA | $0 | $26,552,695 |
Yawkey Foundation Ii Dedham, MA | $0 | $18,548,394 |
High Meadows Foundation Boston, MA | $7,499,132 | $11,021,494 |
Synchrony Foundation Stamford, CT | $74,474,766 | $12,637,293 |
Gavin Foundation Inc South Boston, MA | $19,688,054 | $21,343,242 |
Jp Fletcher Foundation Inc Cambridge, MA | $29,829,221 | -$3,521,275 |
Dalio Foundation Inc Westport, CT | $1,484,061,978 | $687,569,757 |
Seedlings Foundation Branford, CT | $139,526,871 | $5,281,922 |
Allen H & Selma W Berkman Charitable Trust Boston, MA | $738,750 | $104,320 |