Also known as: FOUNDATION
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Picerne Charitable Trust is a private trust based in PHOENIX, AZ. The foundation received its IRS ruling in 1996. It holds total assets of $23.9M. Annual income is reported at $6.6M. Total assets have grown from $775K in 2010 to $18.9M in 2022. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2023. The foundation primarily funds organizations in Florida, Rhode Island and Massachusetts. According to available records, Picerne Charitable Trust has made 258 grants totaling $3.5M, with a median grant of $4K. Individual grants have ranged from N/A to $378K, with an average award of $14K. The foundation has supported 129 unique organizations. The foundation primarily supports organizations in Rhode Island, Nevada, Florida, which account for 54% of all grants. Grantmaking reaches organizations across 28 states. Contributions to this foundation are tax-deductible.
Smallest Grant
N/A
Median Grant
$4K
Average Grant
$14K
Largest Grant
$378K
Based on 129 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Picerne Charitable Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 258 grants. Its grantmaking reaches organizations primarily in RI, NV, FL.
Picerne Charitable Trust has distributed a total of $3.5M across 258 grants. The median grant size is $4K, with an average of $14K. Individual grants have ranged from N/A to $378K.
Picerne Charitable Trust typically selects its grantees rather than accepting unsolicited proposals. Relatives of members of the scholarship committee, or of your officers, directors, or substantial contributors will not be eligible for a scholarship award. No member of the immediate family of any officer of the foundation will be eligible to receive scholarship awards.
Picerne Charitable Trust is headquartered in PHOENIX, AZ. While based in AZ, the foundation distributes grants to organizations across 28 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ronald Rs Picerne | TRUSTEE | $0 | $0 | N/A |
| David R Picerne | TREASURER | $0 | $0 | N/A |
Total Giving
$1.9M
Total Assets
$18.9M
Fair Market Value
$37.9M
Net Worth
$18.9M
Grants Paid
$1.8M
Contributions
$780K
Net Investment Income
$2.3M
Distribution Amount
$1.8M
Total: $18M
Total Grants
258
Total Giving
$3.5M
Average Grant
$14K
Median Grant
$4K
Unique Recipients
129
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Brown UniversitySUPPORT CHARITABLE OPERATIONS | Providence, RI | $133K | 2022 |
| David R Picerne Charitable FoundationSUPPORT CHARITABLE OPERATIONS | Phoenix, AZ | $75K | 2022 |
| Pilgrim High SchoolSUPPORT CHARITABLE OPERATIONS | Warwick, RI | $36K | 2022 |
| American ExpressSUPPORT CHARITABLE OPERATIONS | Las Vegas, NV | $32K | 2022 |
| The Public Education FoundationSUPPORT CHARITABLE OPERATIONS | Las Vegas, NV | $378K | 2022 |
| Cranston High School EastSUPPORT CHARITABLE OPERATIONS | Cranston, RI | $109K | 2022 |
| Cranston High School WestSUPPORT CHARITABLE OPERATIONS | Cranston, RI | $85K | 2022 |
| Massachusetts General HospitalSUPPORT CHARITABLE OPERATIONS | Boston, MA | $60K | 2022 |
| Toll Gate High SchoolSUPPORT CHARITABLE OPERATIONS | Warwick, RI | $51K | 2022 |
| East Providence High SchoolSUPPORT CHARITABLE OPERATIONS | East Providence, RI | $38K | 2022 |
| Johnston Senior High SchoolSUPPORT CHARITABLE OPERATIONS | Johnston, RI | $35K | 2022 |
| Toys For TotsSUPPORT CHARITABLE OPERATIONS | Triangle, VA | $35K | 2022 |
| University Of Rhode Island FoundationSUPPORT CHARITABLE OPERATIONS | Kingston, RI | $30K | 2022 |
| Save Our Library CampaignSUPPORT CHARITABLE OPERATIONS | Narragansett, RI | $30K | 2022 |
| University Of Florida Office For Student Financial AffairsSUPPORT CHARITABLE OPERATIONS | Gainesville, FL | $29K | 2022 |
| Ucf Office Of Student Financial AssistanceSUPPORT CHARITABLE OPERATIONS | Orlando, FL | $27K | 2022 |
| Florida State UniversitySUPPORT CHARITABLE OPERATIONS | Tallahassee, FL | $26K | 2022 |
| Nazareth AcademySUPPORT CHARITABLE OPERATIONS | La Grange Park, IL | $25K | 2022 |
| University Of Central Florida Of Student Financial AssistanceSUPPORT CHARITABLE OPERATIONS | Orlando, FL | $23K | 2022 |
| Three SquareSUPPORT CHARITABLE OPERATIONS | Las Vegas, NV | $20K | 2022 |
| Middletown High SchoolSUPPORT CHARITABLE OPERATIONS | Middletown, RI | $20K | 2022 |
| Serving Our Kids FoundationSUPPORT CHARITABLE OPERATIONS | Henderson, NV | $20K | 2022 |
| Rush University Medical CenterSUPPORT CHARITABLE OPERATIONS | Chicago, IL | $20K | 2022 |
| King Philip Regional High SchoolSUPPORT CHARITABLE OPERATIONS | Wrenthem, MA | $16K | 2022 |
| Altamonte Springs PoliceSUPPORT CHARITABLE OPERATIONS | Altamonte Springs, FL | $15K | 2022 |
| Cru Campus Ministry DonationsSUPPORT CHARITABLE OPERATIONS | Orlando, FL | $15K | 2022 |
TUCSON, AZ
PHOENIX, AZ
PARADISE VLY, AZ