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Pierson Family Foundation Inc. is a private corporation based in PARSIPPANY, NJ. The foundation received its IRS ruling in 1987. The principal officer is William Marguilies Trustee. It holds total assets of $6.7M. Annual income is reported at $9.8M. Total assets have grown from $4M in 2010 to $6.2M in 2022. The foundation is governed by 5 officers and trustees. Tax records are available from 2021 to 2023. According to available records, Pierson Family Foundation Inc. has made 3 grants totaling $1.5M, with a median grant of $553K. Annual giving has grown from $435K in 2022 to $1.1M in 2023. Individual grants have ranged from $435K to $553K, with an average award of $514K. Grant recipients are concentrated in New Jersey. Contributions to this foundation are tax-deductible.
No specific application information is available for this foundation. Check the 990-PF filings below for application guidelines, or visit the foundation's website if listed above.
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.
Pierson Family Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in NJ.
Pierson Family Foundation Inc. has distributed a total of $1.5M across 3 grants. The median grant size is $553K, with an average of $514K. Individual grants have ranged from $435K to $553K.
Pierson Family Foundation Inc. is a private foundation. To inquire about grants, you can look up the foundation using their EIN (222770138) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Pierson Family Foundation Inc. is headquartered in PARSIPPANY, NJ.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jennifer Pierson | VICE-PRESIDENT | $0 | $0 | N/A |
| Sally Pierson | Secretary | $0 | $0 | N/A |
| Phoebe Pierson | TRUSTEE | $0 | $0 | N/A |
| James Pierson | PRESIDENT | $0 | $0 | N/A |
| Nancy Pierson | TREASURER | $0 | $0 | N/A |
Total Giving
$617K
Total Assets
$6.2M
Fair Market Value
$10.9M
Net Worth
$6.2M
Grants Paid
$553K
Contributions
$200K
Net Investment Income
$143K
Distribution Amount
N/A
Total Grants
3
Total Giving
$1.5M
Average Grant
$514K
Median Grant
$553K
Unique Recipients
1
Most Common Grant
$553K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See Attached SchedulesVARIOUS | See Attached, NJ | $553K | 2023 |