Funder DirectoryFRANK P PIERCE FOUNDATION INC
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Private foundation (trust)EIN 200597131Est. 2004-08

FRANK P PIERCE FOUNDATION INC

CHATTANOOGA, TN 37402

Total Assets

$24.3M

FY 2024

Annual Giving

$1.0M

FY 2024

Grants Made

20

FY 2024

Avg Grant

$52K

FY 2024

Grant Range

$5K–$333K

Typical

Deadlines

Applications

Focus Areas

Private Independent Foundations

Financial Snapshot

2024 filing

Total Revenue

$2.2M

Total Expenses

$1.4M

Qualifying Distributions

$1.0M

Distributable Amount

$1.2M

Min. Investment Return

$1.2M

Undistributed Income

$1.2M

Payout rate 89%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.89%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

20 grants

Grant sizes from minimum $5K through median $25K to maximum $333K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

5 years

Giving over time from 2020 to 2024. Peak $1.1M in 2021. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

57 grants

THE GENEROSITY TRUST
$1.3M
4 grants
MEMORIAL HEALTH CARE SYSTEM
$1M
1 grant
AMERICAN HEART ASSOCIATION
$667K
2 grants
CHEROKEE REGIONAL LIBRARY SYSTEM
$298K
3 grants
LIFT YOUTH CENTER INC
$275K
3 grants
YMCA NORTH GEORGIA CAMPAIGN
$200K
1 grant
UNIVERSITY OF CHATTANOOGA FOUNDATION INC
$110K
3 grants
CHATTANOOGA AREA FOOD BANK
$105K
2 grants

Grant Size Distribution

57 grants

<$10K
19
grants
$10–50K
21
grants
$50–250K
11
grants
$250K–1M
6
grants
$1–5M
$5M+

Geographic Focus

4 states

Tennessee
$3.0M
62% of total
Georgia
$1.2M
24% of total
Texas
$667K
14% of total
North Carolina
$25K
1% of total

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FRANK P PIERCE FOUNDATION INC — Grants, Financials & Contact | Grantivo