Robert L Pierce Foundation
- Assets
- $1.3m
- Revenue
- $67.1k
- Investments
- $1.1m
- Employees
- 0
- Location
- Covington, LA
- Founding
- 07/2010
- Data as of
- 12/2020
- EIN
- 80-0324450
Organization Overview
Robert L Pierce Foundation is located in Covington, LA. The organization was established in 2010. 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. Robert L Pierce 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 12/2020, Robert L Pierce Foundation generated $67.1k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $85.4k during the year ending 12/2020. While expenses have increased by 1.4% per year over the past 6 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 2015, Robert L Pierce Foundation has awarded 82 individual grants totaling $569,651. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shonna Pierce Director | 0 | $0 | |
Chavgney G Pierce Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $11,000 |
| Interest on Savings | $20 |
| Dividends & Interest | $50,311 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,797 |
| Capital Gain Net Income | $5,797 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $67,128 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $446 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $17,412 |
| Contributions, gifts, grants paid | $68,000 |
| Total expenses and disbursements | $85,412 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $28,491 |
| Savings and temporary cash investments | $15,776 |
| 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 | $180,000 |
| Investments—mortgage loans | $0 |
| Investments—other | $4 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,296,164 |
| 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, Robert L Pierce Foundation has awarded $73,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
THE LOUISIANA OPEN INC PURPOSE: FOR GENERAL OPERATING SUPPORT | $20,000 |
Mandeville, LA PURPOSE: FOR GENERAL OPERATING SUPPORT | $15,000 |
Avondale, LA PURPOSE: TO SUPPORT THE ORGANIZATION'S GIVING FUND | $15,000 |
Metairie, LA PURPOSE: FOR GENERAL OPERATING SUPPORT | $10,000 |
THE KELLY GIBSON FOUNDATION PURPOSE: GENERAL OPERATING SUPPORT | $7,500 |
Dallas, TX PURPOSE: FOR GENERAL OPERATING SUPPORT | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jane P And Wiley L Mossy Jr Foundation Houston, TX | $339,084 | $6,855,893 |
Oakwood Foundation Charitable Tr Tupelo, MS | $13,916,638 | $13,351,239 |
Gene And Jerry Jones Family-Dallas Cowboys Charities Frisco, TX | $3,095,461 | $7,273,707 |
Marshall Legacy Foundation Metairie, LA | $37,157,594 | $21,197,543 |
Marshall Heritage Foundation Metairie, LA | $15,210,686 | $21,134,216 |
Mary E Bivins Trust Amarillo, TX | $23,577,867 | $7,091,283 |
Norman H Read 1985 Trust Amarillo, TX | $61,022,769 | $8,703,971 |
Arlene And Joseph Meraux Charitable Foundation Violet, LA | $95,291,949 | $9,307,858 |
East Texas Medical Center Regional Healthcare System Tyler, TX | $164,248,819 | $57,646,365 |
James A Buddy Davidson Charitable Foundation Midland, TX | $104,683,845 | $20,028,427 |
Tejemos Foundation San Antonio, TX | $56,096,568 | $3,968,002 |
H E B Tournament Of Champions Charitable Tr San Antonio, TX | $9,707,479 | $8,431,787 |