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Picerne Nfp Housing Inc. is a private corporation based in WARWICK, RI. The foundation received its IRS ruling in 2018. The principal officer is Brian Tougas. It holds total assets of $40K. Annual income is reported at N/A. Total assets have decreased from $226K in 2019 to $41K in 2023. The foundation is governed by 4 officers and trustees. The foundation operates in the area of human services. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. According to available records, Picerne Nfp Housing Inc. has made 6 grants totaling $167K, with a median grant of $29K. Annual giving has decreased from $162K in 2022 to $5K in 2023. Individual grants have ranged from $5K to $50K, with an average award of $28K. The foundation has supported 5 unique organizations. The foundation primarily supports organizations in New Hampshire, Texas, Nevada, which account for 50% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
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 Nfp Housing Inc. primarily funds organizations in the area of human services. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in NH, TX, NV.
Picerne Nfp Housing Inc. has distributed a total of $167K across 6 grants. The median grant size is $29K, with an average of $28K. Individual grants have ranged from $5K to $50K.
Picerne Nfp Housing Inc. typically selects its grantees rather than accepting unsolicited proposals.
Picerne Nfp Housing Inc. is headquartered in WARWICK, RI. While based in RI, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ronald Rs Picerne | PRESIDENT | $0 | $0 | N/A |
| Brian Tougas | VICEPRESIDENT/TREASURER | $0 | $0 | N/A |
| Nic Reuter | SECRETARY | $0 | $0 | N/A |
| Fred Difusco | SECRETARY | $0 | $0 | N/A |
Total Giving
$8K
Total Assets
$41K
Fair Market Value
$41K
Net Worth
$41K
Grants Paid
$5K
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
$2K
Total Grants
6
Total Giving
$167K
Average Grant
$28K
Median Grant
$29K
Unique Recipients
5
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| David R Picerne Charitable Foundation2022 DONATION | Las Vegas, NV | $50K | 2022 |
| The Public Education Foundation2022 DONATION | Quincy, MA | $5K | 2023 |
| His Mansion MinistriesIN NAME OF RAYMOND & DONNA URITESCU | Deering, NH | $50K | 2022 |
| Nazareth AcademyPETERCHAK/PICERNE COMMITMENT TO THE ENDOWMENT FUND | Victoria, TX | $50K | 2022 |
| Scottsdale Artists' School2022 DONATION | Scottsdale, AZ | $7K | 2022 |