Nonprofit · EIN 22-2770138
PIERSON FAMILY FOUNDATION INC
Tax-exempt · PARSIPPANY, NJ 07054
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-PF | $396,978 | $591,414 | -$194,436 | $6,513,773 | $5,500 | $6,508,273 |
| June 30, 2024 | 990-PF (amended) | $1,010,854 | $519,521 | $491,333 | $6,648,259 | $0 | $6,648,259 |
| June 30, 2023 | 990-PF (amended) | $136,975 | $642,688 | -$505,713 | $6,221,402 | $0 | $6,221,402 |
Financial details: 990-PF for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $100,000
- Dividends
- $175,464
- Interest
- $23
- Net gain from sales of assets
- $121,491
Expenses
- Grants and similar amounts paid
- $505,600
- Disbursements for charitable purposes
- $521,067
- Excise tax on investment income
- $4,235
Balance sheet and other
- Total assets, start of year
- $6,648,259
- Total assets, end of year
- $6,513,773
- Total liabilities, end of year
- $5,500
- Net assets, end of year
- $6,508,273
- Fair market value of assets
- $11,983,189
- Qualifying distributions
- $521,067
- Net investment income
- $375,011
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JENNIFER PIERSON PO BOX 644, PEAPACK, NJ 07977 | VICE-PRESIDENT | 0 | $0 |
| NANCY PIERSON PO BOX 644, PEAPACK, NJ 07977 | President | 0 | $0 |
| PHOEBE PIERSON 1119 KELLY HILL ROAD, PAWLET, VT 05761 | TRUSTEE | 0 | $0 |
| SALLY PIERSON PO BOX 376, BROOKSIDE, NJ 07924 | Secretary | 0 | $0 |
990-PF for the year ended June 30, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAMES PIERSON PO BOX 644, PEAPACK, NJ 07977 | PRESIDENT | 0 | $0 |
| JENNIFER PIERSON PO BOX 644, PEAPACK, NJ 07977 | VICE-PRESIDENT | 0 | $0 |
| NANCY PIERSON PO BOX 644, PEAPACK, NJ 07977 | TREASURER | 0 | $0 |
| PHOEBE PIERSON 1119 KELLY HILL ROAD, PAWLET, VT 05761 | TRUSTEE | 0 | $0 |
| SALLY PIERSON PO BOX 376, BROOKSIDE, NJ 07924 | Secretary | 0 | $0 |
990-PF for the year ended June 30, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAMES PIERSON PO BOX 644, PEAPACK, NJ 07977 | PRESIDENT | 0 | $0 |
| JENNIFER PIERSON PO BOX 644, PEAPACK, NJ 07977 | VICE-PRESIDENT | 0 | $0 |
| NANCY PIERSON PO BOX 644, PEAPACK, NJ 07977 | TREASURER | 0 | $0 |
| PHOEBE PIERSON 1119 KELLY HILL ROAD, PAWLET, VT 05761 | TRUSTEE | 0 | $0 |
| SALLY PIERSON PO BOX 376, BROOKSIDE, NJ 07924 | Secretary | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 322 US HIGHWAY 46 WEST 210, PARSIPPANY, NJ 07054-0000
- In care of
- % WILLIAM MARGUILIES TRUSTEE
- Signed the 990-PF
- JENNIFER PIERSON, VICE-PRESIDENT
- Phone
- (973) 882-8810
- Return prepared by
- P&K CPAs LLC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990-PF on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-PF on file |
IRS record
- EIN
- 22-2770138
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1987
- Accounting year ends
- June
- Files
- Form 990-PF
- Assets (IRS master file)
- $6,513,773
- Income (IRS master file)
- $14,929,977
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | June 2025 | $396,978 | $591,414 | $6,513,773 | XML |
| 990-PF | June 2024 | $1,010,854 | $519,521 | $6,648,259 | XML |
| 990-PF | June 2023 | $136,975 | $642,688 | $6,221,402 | XML |
| 990-PF | June 2022 | – | – | – | IRS |
| 990-PF | June 2021 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 22-2770138).
Questions about PIERSON FAMILY FOUNDATION INC
- What is the EIN of PIERSON FAMILY FOUNDATION INC?
- The employer identification number (EIN) of PIERSON FAMILY FOUNDATION INC is 22-2770138.
- Is PIERSON FAMILY FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1987.
- Are donations to PIERSON FAMILY FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does PIERSON FAMILY FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of PIERSON FAMILY FOUNDATION INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PIERSON FAMILY FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended June 2025.
- Who are the officers and directors of PIERSON FAMILY FOUNDATION INC?
- The 990-PF for the year ended June 30, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does PIERSON FAMILY FOUNDATION INC have?
- On its 990-PF for the year ended June 30, 2025 it reported revenue of $396,978, expenses of $591,414 and total assets of $6,513,773 at year end.
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