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Filing year 2024

FRANK P PIERCE FOUNDATION INC

Chattanooga, Tennessee·EIN 20-0597131·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$2.2M
Total assets
$21M
Total expenses
$1.4M
Reported officers
2

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide.

President & Director
Board President
Median to 75th percentile
$35k
$38k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 1 unpaid individual.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at FRANK P PIERCE FOUNDATION INC equaled 2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
2%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$1M

Itemized grants

20

Median grant

$25k

RecipientLocationPurposeAmount
AMERICAN HEART ASSOCIATIONDALLAS, TXCHARITABLE DISTRIBUTION IN SUPPORT OF IMPROVING HEALTH OF NORTH GEORGIA COMMUNITIES$333k
CHEROKEE REGIONAL LIBRARY SYSTEMCHICKAMAUGA, GACHARITABLE DISTRIBUTION FOR THE TUTORING PROGRAM$139k
CHARLES H COOLIDGE MEDAL OF HONOR HERITAGE CENTERCHATTANOOGA, TNCHARITABLE DISTRIBUTION FOR 2025 MEDAL OF HONOR CELEBRATION$100k
THE GENEROSITY TRUST (DBA NAME OF THE CHATTANOOGA CHRISTIAN COMMUNITY FOUCHATTANOOGA, TNCHARITABLE DISTRIBUTION FOR THE PIERCE FOUNDATION FUND A DONOR ADVISED FUND$85k
UNIVERSITY OF TENNESSEE FOUNDATION INCKNOXVILLE, TNCHARITABLE DISTRIBUTION FOR BETSY PIERCE ENDOWED SCHOLARSHIP AT UTK SCHOOL OF MUSIC$75k
LIFT YOUTH CENTER INCRINGGOLD, GACHARITABLE DISTRIBUTION FOR RINGGOLD PROGRAMMING COSTS$50k
UNIVERSITY OF CHATTANOOGA FOUNDATION INCCHATTANOOGA, TNCHARITABLE DISTRIBUTION TO BE USED FOR THE NORTHWEST GEORGIA STUDENTS SCHOLARSHIP$50k
CHATTANOOGA OUTREACH INC DBA UNION GOSPEL MISSIONCHATTANOOGA, TNCHARITABLE DISTRIBUTION FOR 75TH ANNIVERSARY CAMPAIGN$25k
CHILDRENS ADVOCACY CENTER OF THE LOOKOUT MT JUDICIAL CIRCUITFORT OGLETHORPE, GACHARITABLE DISTRIBUTION FOR GENERAL PROGRAMMING NEEDS$25k
COMMUNITY FOUNDATION OF NORTHWEST GEORGIA INCDALTON, GACHARITABLE DISTRIBUTION FOR "SAVE THE DALTON BATTLEFIELDS" PROJECT$25k
RESTORE 634 INCLAFAYETTE, GACHARITABLE DISTRIBUTION FOR GENERAL PROGRAMMING NEEDS$25k
SAMARITANS PURSEBOONE, NCCHARITABLE DISTRIBUTION FOR HURRICANE HELENE DISASTER RELIEF$25k
WHITFIELD HEALTHCARE FOUNDATION INCDALTON, GACHARITABLE DISTRIBUTION FOR THE HAMILTON CARDIOVASCULAR INSTITUTE$25k
LOOKOUT MOUNTAIN FELLOWSHIP OF CHRISTIAN ATHLETESROCK SPRING, GACHARITABLE DISTRIBUTION FOR BIBLES TO STUDENTS$11k
FRIENDS OF SPECIAL CHILDRENCHATTANOOGA, TNCHARITABLE DISTRIBUTION, ABC EVENT FOR BENEFIT OF SIGNAL CENTERS, INC.$10k
MURPHY-HARPST CHILDREN'S CENTERS INCCEDARTOWN, GACHARITABLE DISTRIBUTION FOR PROGRAMS TO SERVE AT-RISK CHILDREN$10k
PARTNERSHIP FOR FAMILIES OF CHILDREN AND ADULTS INCCHATTANOOGA, TNCHARITABLE DISTRIBUTION FOR DEAF SERVICES DIVISION$10k
CATOOSA COUNTY STOCKING FULL OF LOVE INCRINGGOLD, GACHARITABLE DISTRIBUTION FOR ANNUAL EVENT$5k
CHATTANOOGA AREA FOOD BANKCHATTANOOGA, TNCHARITABLE DISTRIBUTION$5k
WALKER COUNTY GEORGIALAFAYETTE, GACHARITABLE DISTRIBUTION TO BE USED FOR AL MILLARD MEMORIAL STOCKING FULL OF LOVE PROGRAM SPONSORED BY SHERIFF'S OFFICE$5k
Compare this foundation's grantees

Held steady
from 2023

From $35k in 2023 to $35k in 2024.

$35k
2023
$35k
2024
In today's dollarsEst.
Down 3% in real terms$39k to $38k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board President pay held roughly steady from 2023 to 2024, while revenue rose 56%.

$35k in 2023 to $35k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about FRANK P PIERCE FOUNDATION INC

What does the Board President of FRANK P PIERCE FOUNDATION INC earn?

In 2024, the Board President of FRANK P PIERCE FOUNDATION INC received $35,400 in total compensation. This pay is above the median (the midpoint) for Board President roles among Philanthropy, Voluntarism & Grantmaking organizations nationwide, within the top half of comparable filings. Based on IRS Form 990 data.

How does Board President pay at FRANK P PIERCE FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide, the 2024 pay of the Board President at FRANK P PIERCE FOUNDATION INC falls between the median and the 75th percentile. In 2024, the highest total compensation at FRANK P PIERCE FOUNDATION INC equaled 2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are FRANK P PIERCE FOUNDATION INC's revenue and expenses?

In 2024, FRANK P PIERCE FOUNDATION INC reported $2.2M in total revenue and $1.4M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.