The Pierce Family Charitable Foundation
EIN 261459612About
As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2021, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $845,163. This amount represents 25% or more of the Foundation's net assets of $3,297,921 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2021. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XIV, Line 3a; each such grant was made solely for the charitable purpose specified therein.
Focus Areas
Application Information
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2020 | $858K | $3.3M | $515K | 143 |
| 2021 | $845K | $2.8M | $1.1M | 152 |
| 2022 | $907K | $1.0M | $491K | 136 |
| 2023 | $678K | $0 | $117K | 79 |
Grant Size Distribution
Based on 510 grants on record
Geographic Distribution
Officers & Directors
Grants Awarded (510 total)
| Purpose | ||||
|---|---|---|---|---|
| Chicago Cares Inc | Chicago, IL | $52,500 | AMPT: Advancing Nonprofits Program | 2020 |
| Chicago Cares Inc | Chicago, IL | $50,000 | AMPT: Advancing Nonprofits | 2021 |
| Chicago Cares Inc | Chicago, IL | $50,000 | AMPT: Advancing Nonprofits fund | 2023 |
| All Chicago Making Homelessness History | Chicago, IL | $50,000 | Agency Emergency Fund | 2022 |
| Chicago Cares Inc | Chicago, IL | $50,000 | AMPT: Advancing Nonprofits | 2022 |
| Michael Reese Health Trust | Elgin, IL | $50,000 | Chicago Funders Together to End Homelessness: Housing Justice Fund | 2022 |
| Crossroads Fund | Chicago, IL | $45,000 | Chicago Racial Justice Pooled Fund | 2020 |
| Crossroads Fund | Chicago, IL | $40,000 | Racial Justice Pooled Fund | 2023 |
| Michael Reese Health Trust | Elgin, IL | $40,000 | Chicago Funders Together to End Homelessness general operations fund and to support staff positions within the city... | 2023 |
| Center for Changing Lives | Chicago, IL | $32,500 | General & Unrestricted | 2020 |
| New Moms Inc | Chicago, IL | $30,500 | General & Unrestricted | 2020 |
| Facing Forward to End Homelessness | Chicago, IL | $30,000 | General & Unrestricted | 2020 |
| Chicago Religious Leadership Network on Latin Amer | Chicago, IL | $30,000 | General & Unrestricted | 2023 |
| The Renaissance Collaborative Inc | Chicago, IL | $27,500 | General & Unrestricted | 2020 |
| Michael Reese Health Trust | Chicago, IL | $25,000 | Chicago Funders Together Program to End Homelessness | 2020 |
| Night Ministry | Chicago, IL | $25,000 | The Crib Program | 2020 |
| Northwest Side Housing Center | Chicago, IL | $25,000 | General & Unrestricted | 2020 |
| The Boulevard of Chicago Inc | Chicago, IL | $25,000 | General & Unrestricted | 2020 |
| Chicago Community Foundation | Chicago, IL | $25,000 | Office of Equity & Racial Justice | 2021 |
| Covenant House Illinois Inc | Chicago, IL | $25,000 | Capital campaign | 2021 |
| Grantmakers for Effective Organizations | Washington, DC | $25,000 | Charitable Event | 2021 |
| Latinos Progresando | Chicago, IL | $25,000 | new Community Center capital campaign | 2021 |
| Michael Reese Health Trust | Elgin, IL | $25,000 | Chicago Funders Together to End Homelessness | 2021 |
| Covenant House Illinois Inc | Chicago, IL | $25,000 | capital campaign | 2023 |
| Michael Reese Health Trust | Elgin, IL | $25,000 | Chicago Funders Together to End Homelessness | 2023 |