Earl W And Hazel C Pierson Foundation
- Assets
- $2.0m
- Revenue
- $53.6k
- Investments
- $1.9m
- Employees
- 0
- Location
- Dimebox, TX
- Founding
- 04/1993
- Data as of
- 12/2023
- EIN
- 76-0394931
Organization Overview
Earl W And Hazel C Pierson Foundation is located in Dimebox, TX. The organization was established in 1993. 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. Earl W And Hazel C Pierson Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2015, Earl W And Hazel C Pierson Foundation has awarded 144 individual grants totaling $982,450. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jerry M Armstrong Vice President | 1 | $0 | |
Jerry M Armstrong Jr President | 2 | $0 | |
Julie Armstrong Treasurer | 2 | $0 | |
Jack B Manning Secretary | 2 | $0 | |
Terri Armstrong Assistant Secretary | 1 | $0 | |
Gloria Borreca Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $20,083 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $33,525 |
| Capital Gain Net Income | $33,525 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $53,608 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,470 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $25,911 |
| Total operating and administrative expenses | $31,181 |
| Contributions, gifts, grants paid | $129,400 |
| Total expenses and disbursements | $160,581 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $31,017 |
| Savings and temporary cash investments | $66,438 |
| 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 | $1,972,091 |
| 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, Earl W And Hazel C Pierson Foundation has awarded $129,400 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
ARC OF BELL COUNTY ARC OF BELL COUNTY PURPOSE: DAY PROG SERVICES FOR MENTALLY DISABLED ADULTS | $7,400 |
B2B MINISTRY PURPOSE: MINISTRY FOR ABDANDONED OR TROUBLED CHILDREN | $5,000 |
ELIZABETH LUTHERAN CHURCH ELIZABETH LUTHERAN CHURCH-COMMUNITY KITCHEN PURPOSE: ASSISTANCE OF FOOD & SUPPLIES TO UNDERPRIVILEGED FAMILIES | $5,000 |
FIRST BAPTIST CHURCH SCHOOL PURPOSE: MISSION BASED ELEMENTARY SCHOOL | $15,000 |
GRACEWOOD PURPOSE: HOMES FOR ABUSED WOMEN & CHILDREN | $10,000 |
GRACE LAKE MINISTRIES PURPOSE: THERAPEUTIC EQUESTRIAN PROGRAM FOR DISABLED PERSONS | $5,000 |