Reinsch Pierce Family Foundation Inc

Organization Overview

Reinsch Pierce Family Foundation Inc is located in Arlington, VA. The organization was established in 2004. 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. Reinsch Pierce 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 12/2021, Reinsch Pierce Family Foundation Inc generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 19.2% each year . All expenses for the organization totaled $1.1m during the year ending 12/2021. While expenses have increased by 14.5% per year over the past 4 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 2020, Reinsch Pierce Family Foundation Inc has awarded 245 individual grants totaling $1,928,874. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION DOES NOT DIRECTLY PERFORM CHARITABLE ACTIVITIES, BUT PROVIDES GRANTS TO SUPPORT 139 DIFFERENT CHARITABLE ACTIVITIES. THE FOUR LARGEST TO RECEIVE GRANTS IN 2021 WERE THE VIRGINIA HOSPITAL CENTER $250,000, ARLINGTON COMMUNITY FOUNDATION $152,500, GEORGE MASON UNIVERSITY LAW SCHOOL $100,000 AND THE LEADERSHIP INSTITUTE $30,000.


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $917,747
Interest on Savings $67,587
Dividends & Interest $316,223
Net Rental Income$0
Net Gain on Sale of Assets $566,176
Capital Gain Net Income $566,176
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $1,867,733

Grants Awarded

Over the last fiscal year, Reinsch Pierce Family Foundation Inc has awarded $1,070,487 in support to 139 organizations.

Grant RecipientAmount

VIRGINIA HOSPITAL CENTER

Org PageRecipient Profile

Arlington, VA

PURPOSE: SUPPORT MEDICAL RESEARCH

$250,000

ARLINGTON COMMUNITY FOUNDATION

Org PageRecipient Profile

Arlington, VA

PURPOSE: SUPPORT ACTIVITIES WITH CHARITABLE OUTREACH

$152,500

GEORGE MASON UNIVERSITY LAW SCHOOL

PURPOSE: SUPPORT EDUCATION AND STRONG PUBLIC POLICY

$100,000

LEADERSHIP INSTITUTE

Org PageRecipient Profile

Arlington, VA

PURPOSE: SUPPORT STRONG PUBLIC POLICY AND EDUCATION

$30,000

THE MANHATTAN INSTITUTE

PURPOSE: SUPPORT STRONG PUBLIC POLICY AND TRADITIONAL AMERICAN VALUES

$25,000

SYNETIC THEATER

PURPOSE: SUPPORT THE ARTS AND EDUCATION

$25,000
View Grant Profile

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