Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
THE WILLARD G PIERCE AND JESSIE M
PIERCE FOUNDATION
Number and street (or P.O. box number if mail is not delivered to street address)701 W CLOVERDALE ROAD
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
HASTINGS, MI49058
A Employer identification number

38-2820095
B Telephone number (see instructions)

(269) 721-4190
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$35,285,143J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 363,717
2 Check bullet.............
3 Interest on savings and temporary cash investments 17,188 17,188 17,188
4 Dividends and interest from securities... 578,237 578,237 578,237
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 329,520
b Gross sales price for all assets on line 6a 11,452,568
7 Capital gain net income (from Part IV, line 2)... 328,677
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances 2,320
b Less: Cost of goods sold.... 1,756
c Gross profit or (loss) (attach schedule)..... Click to see attachment 564 564
11 Other income (attach schedule)....... Click to see attachment 143,038   143,038
12 Total. Add lines 1 through 11........ 1,432,264 924,102 739,027
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 134,968 13,521 7,753 113,694
14 Other employee salaries and wages...... 582,257 13,658 62,888 518,964
15 Pension plans, employee benefits....... 103,358 3,917 10,180 89,261
16a Legal fees (attach schedule)......... Click to see attachment 863   330 1,153
b Accounting fees (attach schedule)....... Click to see attachment 16,240     16,240
c Other professional fees (attach schedule).... Click to see attachment 1,860     1,860
17 Interest............... 45,749 1,144   44,605
18 Taxes (attach schedule) (see instructions)... Click to see attachment 18,963 18,963    
19 Depreciation (attach schedule) and depletion... Click to see attachment 228,715 5,718 44,886
20 Occupancy.............. 58,821 1,446 4,541 47,698
21 Travel, conferences, and meetings....... 3,086   471 3,724
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 455,100 106,166 26,755 330,184
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,649,980 164,533 157,804 1,167,383
25 Contributions, gifts, grants paid....... 37,067 37,067
26 Total expenses and disbursements. Add lines 24 and 25 1,687,047 164,533 157,804 1,204,450
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -254,783
b Net investment income (if negative, enter -0-) 759,569
c Adjusted net income (if negative, enter -0-)... 581,223
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 1,374 1,321 1,321
2 Savings and temporary cash investments......... 398,681 232,009 232,009
3 Accounts receivable bullet16,226
Less: allowance for doubtful accounts bullet   29,452 16,226 16,226
4 Pledges receivable bullet97,619
Less: allowance for doubtful accounts bullet   539,470 97,619 97,619
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use.............. 7,297 7,410 7,410
9 Prepaid expenses and deferred charges.......... 39,721 35,692 35,692
10a Investments—U.S. and state government obligations (attach schedule) 130,680    
b Investments—corporate stock (attach schedule)....... 5,773,901 Click to see attachment6,634,545 6,634,545
c Investments—corporate bonds (attach schedule)....... 307,304 Click to see attachment228,108 228,108
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 16,657,476 Click to see attachment18,709,153 18,709,153
14 Land, buildings, and equipment: basis bullet9,213,194
Less: accumulated depreciation (attach schedule) bullet4,013,088 5,002,704 Click to see attachment5,200,106 9,213,195
15 Other assets (describe bullet) Click to see attachment110,580 Click to see attachment109,865 Click to see attachment109,865
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 28,998,640 31,272,054 35,285,143
Liabilities 17 Accounts payable and accrued expenses.......... 93,156 71,280
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment3,587,183 Click to see attachment3,482,403
23 Total liabilities (add lines 17 through 22)......... 3,680,339 3,553,683
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 24,816,676 27,215,371
25 Net assets with donor restrictions............ 501,625 503,000
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 25,318,301 27,718,371
30 Total liabilities and net assets/fund balances (see instructions). 28,998,640 31,272,054
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
25,318,301
2
Enter amount from Part I, line 27a .....................
2
-254,783
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
2,654,853
4
Add lines 1, 2, and 3 ..........................
4
27,718,371
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
27,718,371
Form 990-PF (2020)
Form 990-PF (2020)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a MORGAN STANLEY - SEE ATTACHED P 2019-01-01 2020-12-31
b MORGAN STANLEY - SEE ATTACHED P 2020-01-01 2020-12-31
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 5,966,197   5,358,832 607,365
b 5,483,571   5,762,259 -278,688
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       607,365
b       -278,688
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 328,677
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved 		(b)
Reserved 		(c)
Reserved 		(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 10,558
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 10,558
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 10,558
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 9,228
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 9,228
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 4
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 1,334
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
 
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletMI
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
    Yes
     
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.CEDARCREEKINSTITUTE.ORG
    14
    The books are in care ofbulletMICHELLE SKEDGELL Telephone no.bullet (269) 721-4470

    Located atbullet701 W CLOVERDALE RDHASTINGSMI ZIP+4bullet49058
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    CARL SCHOESSEL PRESIDENT
    1.08     		3,400 0 0
    701 W CLOVERDALE ROAD
    HASTINGS,MI49058
    JAMES R TOBUREN TREASURER
    1.56     		4,650 0 0
    701 W CLOVERDALE ROAD
    HASTINGS,MI49058
    MATT ZIMMERMAN TRUSTEE
    0.67     		2,700 0 0
    701 W CLOVERDALE ROAD
    HASTINGS,MI49058
    DAVE ARNOLD TRUSTEE
    0.31     		0 0 0
    701 W CLOVERDALE ROAD
    HASTINGS,MI49058
    WILLARD L PIERCE TRUSTEE
    0.67     		2,700 0 0
    701 W CLOVERDALE ROAD
    HASTINGS,MI49058
    SHARON VANLOON TRUSTEE
    0.62     		2,600 0 0
    701 W CLOVERDALE ROAD
    HASTINGS,MI49058
    JAMES DECAMP VICE-PRESIDE
    1.02     		3,300 0 0
    701 W CLOVERDALE ROAD
    HASTINGS,MI49058
    MICHELLE SKEDGELL EXECUTIVE DI
    40.00     		115,618 1,156 0
    701 W CLOVERDALE ROAD
    HASTINGS,MI49058
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    SARA SYSWERDA BFS DIRECTOR
    40.00     		72,367 724  
    701 W CLOVERDALE ROAD
    HASTINGS,MI49058
    RICK HEMERLING FINANCE DIRE
    40.00     		54,944 549  
    701 W CLOVERDALE ROAD
    HASTINGS,MI49058
    CATHY HART-JANSMA DEVELOPMENT
    40.00     		51,828 518  
    701 W CLOVERDALE RD
    HASTINGS,MI49058
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 BIOLOGICAL FIELD STATION PROGRAMS - IN 2020, DESPITE THE CORONAVIRUS PANDEMIC, THE INSTITUTE WAS ABLE TO SUCCESSFULLY EXECUTE ITS SUMMER RESEARCH PROGRAM. THE RESEARCH GRANTS CONTINUED TO FOCUS ON LAND MANAGEMENT AND STEWARDSHIP AS A RESULT OF STRATEGIC PLANNING IN 2018. A TOTAL OF 11 PROJECTS AND 5 NATURAL RESOURCE FELLOWSHIPS WERE FUNDED IN 2020, WITH A TOTAL OF 18 STUDENTS RECEIVING SOME LEVEL OF FINANCIAL SUPPORT FROM THE INSTITUTE. STUDENTS AND FACULTY MENTORS CONDUCTED SUMMER RESEARCH PROJECTS RANGING FROM STUDIES OF INVASIVES SPECIES AND THREATENED SPECIES TO RESEARCH PROJECTS WITH A WRITING OR ART FOCUS. BECAUSE OF COVID-19 MUCH LESS MONITORING HAPPENED IN 2020, COMPARED TO PREVIOUS YEARS. GRAND VALLEY STATE UNIVERSITY DID DO WORK WITH EASTERN MASSASAUGA RATTLESNAKE MONITORING, AND MICHIGAN STATE UNIVERSITY DID WORK ON INSECT HERBIVORY ON PLANTS. BOTH PROJECTS WILL CONTINUE THROUGH 2021. 437,878
    2 COMMUNITY ENVIRONMENTAL EDUCATION PROGRAMS - THE INSTITUTE HAD SOME WONDERFUL SUCCESS WITH TRANSITIONING OVER TO VIRTUAL PROGRAMS AS A RESULT OF THE CORONAVIRUS PANDEMIC. NEARLY 245 PROGRAMS WERE HELD, WHICH WAS SLIGHTLY LESS THAN WHAT WAS HELD IN 2019, BUT PARTICIPATION, BECAUSE OF THE LARGER VIRTUAL AUDIENCE, GREW FROM APPROXIMATELY 13,234 IN 2019 TO 15,813 IN 2020. A PERMANENT STORYWALK WAS INSTALLED ALONG A TRAIL AT THE INSTITUTE AND THE NO FAMILY LEFT INDOORS PROGRAM ENCOURAGED FAMILIES TO GET OUTSIDE AND ENJOY NATURE. 178,927
    3 SCHOOL & GROUP PROGRAMS - THROUGHOUT THE PANDEMIC, INSTITUTE STAFF CONTINUED TO PROVIDE SCIENCE CURRICULUM SUPPORT, PROFESSIONAL DEVELOPMENT, AND COACHING SUPPORT FOR TEACHERS IN THE 48 HASTINGS AREA SCHOOL SYSTEM ELEMENTARY CLASSROOMS. ALONG WITH THIS, THE INSTITUTE PROVIDED 180 ONLINE AND IN-PERSON PROGRAMS FOR STUDENTS AND TEACHERS, MAKING 3,228 CONTACTS. STEAM (SCIENCE, TECHNOLOGY, ENGINEERING, ART, AND MATH) KITS WERE DISTRIBUTED THROUGHOUT BARRY COUNTY AND DURING THE SCHOOL WINTER BREAK SEASON, WITH APPROXIMATELY 700 KITS DISTRIBUTED. 167,510
    4 PROFESSIONAL EDUCATION - BECAUSE OF THE INABILITY TO HOLD IN-PERSON MEETINGS THROUGH MOST OF 2020, THE NUMBER OF PROFESSIONAL EDUCATIONAL PROGRAMS WAS GREATLY REDUCED. THE INSTITUTE DID PRESENT A VIRTUAL HERPETOLOGY CONFERENCE THAT ATTRACTED OVER 200 ATTENDEES FROM 11 COUNTRIES. IN THE FALL THE INSTITUTE HOSTED A NATIONAL WILD TURKEY FEDERATION LEARN TO HUNT AND ALSO WAS ABLE TO HOST PLEIN AIR ARTISTS FOR A RETREAT. 7,759
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 N/A  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    22,262,858
    b
    Average of monthly cash balances.......................
    1b
    379,756
    c
    Fair market value of all other assets (see instructions)................
    1c
    109,865
    d
    Total (add lines 1a, b, and c).........................
    1d
    22,752,479
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    22,752,479
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    341,287
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    22,411,192
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,120,560
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
     
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
     
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
     
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
     
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
     
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
     
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    1,204,450
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    428,074
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    1,632,524
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,632,524
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2019     		(c)
    2019     		(d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7  
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 1,632,524
    a Applied to 2019, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2020 distributable amount.....  
    e Remaining amount distributed out of corpus 1,632,524
    5 Excess distributions carryover applied to 2020.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 1,632,524
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		 
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020....  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
    581,223 944,577 687,692 911,036 3,124,528
    b 85% of line 2a ......... 494,040 802,890 584,538 774,381 2,655,849
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		1,632,524 1,418,377 1,320,959 1,324,123 5,695,983
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		1,632,524 1,418,377 1,320,959 1,324,123 5,695,983
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		747,040 739,731 742,405 726,149 2,955,325
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
     
    bThe form in which applications should be submitted and information and materials they should include:
    PIERCE CEDAR CREEK INSTITUTE NO LONGER ACCEPTS APPLICATIONS FOR NEW GRANTS.
    cAny submission deadlines:
    NO SUBMISSIONS ARE ACCEPTED.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NO NEW FUNDING IS BEING CONSIDERED.
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    FIRST PRESBYTERIAN CHURCH
    405 NORTH M37 HIGHWAY
    HASTINGS,MI49058     		NONE PC GENERAL FUND 12,077
    BARRY COUNTY CARES
    305 S MICHIGAN AVE
    HASTINGS,MI49058     		NONE PC AID TO FAMILIES 6,038
    CHARLTON PARK VILLAGE FOU
    525 W APPLE ST
    HASTINGS,MI49058     		NONE PC GENERAL FUND 12,077
    BALTIMORE TOWNSHIP
    3100 E DOWLING RD
    HASTINGS,MI49058     		NONE GOV GENERAL FUND 2,500
    HOPE TOWNSHIP
    5463 S M-43
    HASTINGS,MI49058     		NONE GOV GENERAL FUND 1,500
    BARRY COUNTY ROAD COMMISSION
    1725 W M-43 HWY
    HASTINGS,MI49083     		NONE GOV GENERAL FUND 2,500
    HASTINGS EDUCATION ENRICHMENT FND
    232 GRANT STREET
    HASTINGS,MI49058     		NONE PC SCHOLARSHIP 375
    Total .................................bullet 3a 37,067
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    aEDUCATION & COMMUNITY PROGR         13,273
    bBFS PROGRAM         24,000
    cCURRICULUM DEVELOPMENT INCO         33,500
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....         37,432
    3 Interest on savings and temporary cash
    investments ...........     		    14 17,188  
    4 Dividends and interest from securities....     14 578,237  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    1 329,520  
    9 Net income or (loss) from special events:     3 4,464  
    10 Gross profit or (loss) from sales of inventory     3 564  
    11 Other revenue:
    aMISCELLANEOUS INCOME     		    1 4,481  
    bFACILITY RENTAL     41 14,082  
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   948,536 108,205
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,056,741
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    1A THE INCOME REPRESENTS FEES FOR COMMUNITY ECOLOGY AND ENVIRONMENTAL RELATED CLASSES.
    1B THE INCOME REPRESENTS FEES FROM VARIOUS COLLEGES RELATED TO ENVIRONMENTAL PROGRAMS.
    1C THE INCOME REPRESENTS CHARGES FOR DEVELOPING, WRITING, AND SUPPLYING A SCIENCE CURRCULUM FOR NEIGHBORING SCHOOL SYSTEMS.
    2 MEMBERSHIP FEES
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2020)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2020
    Name of the organization
    THE WILLARD G PIERCE AND JESSIE M
    PIERCE FOUNDATION
    Employer identification number

    38-2820095
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020) Page 2
    Name of organization
    THE WILLARD G PIERCE AND JESSIE M
    PIERCE FOUNDATION         		Employer identification number
    38-2820095
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    FLEXFAB HORIZONS INTERNATIONAL-FHI
     
    102 COOK ROAD
     
    HASTINGS, MI49058

    		$ 51,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    7
    LARRY AND NOEL HAYWARD
    11442 LOON CALL DRIVE
     
    DELTON, MI490467805

    		$ 7,600


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    DECAMP FOUNDATION
    3485 W M 179 HWY
     
    HASTINGS, MI49058

    		$ 18,500


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    8
    BRIAN AND STEPHANIE HART
    11346 SLEEPY HOLLOW DRIVE
     
    BATTLE CREEK, MI490178784

    		$ 5,400


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
    TIM DIANE VALLILEE
    7185 30TH ST SE
     
    ADA, MI49301

    		$ 10,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    9
    CAROL JOHNSON
    7465 STONEY CREEK DRIVE
     
    AUGUSTA, MI49012

    		$ 5,220


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Name of organization
    THE WILLARD G PIERCE AND JESSIE M
    PIERCE FOUNDATION         		Employer identification number
    38-2820095
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    4
    JACK SUE STEEBY
    23644 N ULDRIKS DR
     
    BATTLE CREEK, MI49017

    		$ 10,930


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    10
    FRANK BALLO
    9300 ENZIAN ROAD
     
    DELTON, MI49046

    		$ 5,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    5
    DOUG MARGARET DECAMP
    3485 W M179 HWY
     
    HASTINGS, MI49058

    		$ 23,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    6
    JAMES AND ADELE LOCKWOOD
    4687 CORDES ROAD
     
    DELTON, MI49046

    		$ 10,120


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 3
    Name of organization
    THE WILLARD G PIERCE AND JESSIE M
    PIERCE FOUNDATION         		Employer identification number

    38-2820095
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 4
    Name of organization
    THE WILLARD G PIERCE AND JESSIE M
    PIERCE FOUNDATION         		Employer identification number

    38-2820095
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2020 AccountingFeesSchedule
    Name:
    THE WILLARD G PIERCE AND JESSIE M
     
    PIERCE FOUNDATION
    EIN:
    38-2820095
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    WALKER, FLUKE & SHELDON, PLC 13,540     13,540
    PAYROLL 2.0 LLC 2,700     2,700

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2020 DepreciationSchedule
    Name:
    THE WILLARD G PIERCE AND JESSIE M
     
    PIERCE FOUNDATION
    EIN:
    38-2820095
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    BFS-EQUIPMENT - SEE ATTACHED LIST   31,577 31,208     483      
    BUILDING & IMPROV - SEE ATTACHED LIST   7,069,880 3,153,909     188,255 5,718 44,886  
    EQUIPMENT - SEE ATTACHED LIST   220,473 159,836     13,952      
    FURNITURE & FIXTURES - SEE ATTACHED LIST   367,842 349,522     3,204      
    LAND IMROVEMENTS - SEE ATTACHED LIST   272,743 69,094     15,073      
    VEHICLES - SEE ATTACHED LIST   44,285 29,112     7,748      

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2020 GainLossSaleOtherAssetsSch
    Name:
    THE WILLARD G PIERCE AND JESSIE M
     
    PIERCE FOUNDATION
    EIN:
    38-2820095
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    VARIOUS EQUIPMENT 2019-01 PURCHASE 2020-12   2,800 6,100     843 4,143

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    THE WILLARD G PIERCE AND JESSIE M
     
    PIERCE FOUNDATION
    EIN:
    38-2820095
    Name of Bond End of Year Book Value End of Year Fair Market Value
    MORGAN STANLEY (SEE ATTACHED) 228,108 228,108

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    THE WILLARD G PIERCE AND JESSIE M
     
    PIERCE FOUNDATION
    EIN:
    38-2820095
    Name of Stock End of Year Book Value End of Year Fair Market Value
    MORGAN STANLEY (SEE ATTACHED) 6,634,545 6,634,545

    TY 2020 InvestmentsOtherSchedule2
    Name:
    THE WILLARD G PIERCE AND JESSIE M
     
    PIERCE FOUNDATION
    EIN:
    38-2820095
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    MONEY MARKET FUNDS-MORGAN STANLEY FMV 16,216,490 16,216,490
    HEDGE FUNDS-MORGAN STANLEY FMV 2,492,663 2,492,663

    TY 2020 LandEtcSchedule2
    Name:
    THE WILLARD G PIERCE AND JESSIE M
     
    PIERCE FOUNDATION
    EIN:
    38-2820095
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    BUILDINGS AND IMPROVEMENTS 7,243,354 3,338,600 3,904,754 7,243,354
    FURNITURE AND FIXTURES 367,842 352,726 15,116 367,842
    LAND IMPROVEMENTS 272,742 84,167 188,575 272,743
    EQUIPMENT & TOOLS 230,073 169,644 60,429 230,073
    BFS- EQUIPMENT 34,977 31,091 3,886 34,977
    VEHICLES 44,285 36,860 7,425 44,285
    LAND 1,019,921   1,019,921 1,019,921


    TY 2020 LegalFeesSchedule
    Name:
    THE WILLARD G PIERCE AND JESSIE M
     
    PIERCE FOUNDATION
    EIN:
    38-2820095
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    VARNUM LLP 863   330 1,153


    TY 2020 OtherAssetsSchedule
    Name:
    THE WILLARD G PIERCE AND JESSIE M
     
    PIERCE FOUNDATION
    EIN:
    38-2820095
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    OTHER ASSETS 109,865 109,865 109,865
    ACCRUED INTEREST RECEIVABLE 715    


    TY 2020 OtherExpensesSchedule
    Name:
    THE WILLARD G PIERCE AND JESSIE M
     
    PIERCE FOUNDATION
    EIN:
    38-2820095
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOOD SERVICE SALES-BRUNCH        
    COST OF GOODS SOLD 11,806   11,806  
    EXPENSES        
    ADVERTISING AND PRINTING 13,285   1,038 12,603
    BANK SERVICE FEES 3,749     3,749
    DUES AND SUBSCRIPTIONS 1,559   263 1,258
    INSURANCE 50,687 451 1,415 44,792
    MISCELLANEOUS 811   38 773
    POSTAGE AND MAILINGS 4,510   99 4,411
    RWB INVESTMENT FEES 17,588 17,588    
    SCHOLARSHIPS AND RESEARCH 112,965     108,449
    SMITH BARNEY INVESTMENT FEES 87,042 87,042    
    SUPPLIES AND MAINTENANCE 93,732 377 8,768 95,844
    CONTRACT SERVICES 57,366 708 3,328 58,305


    TY 2020 OtherIncomeSchedule2
    Name:
    THE WILLARD G PIERCE AND JESSIE M
     
    PIERCE FOUNDATION
    EIN:
    38-2820095
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    EDUCATION & COMMUNITY PROGRAM 13,273   13,273
    BFS PROGRAM 24,000   24,000
    CURRICULUM DEVELOPMENT INCOME 33,500   33,500
    MEMBERSHIPS 37,432   37,432
    FOOD SERVICE SALES-BRUNCH 16,270   16,270
    MISCELLANEOUS INCOME 4,481   4,481
    FACILITY RENTAL 14,082   14,082


    TY 2020 OtherIncreasesSchedule
    Name:
    THE WILLARD G PIERCE AND JESSIE M
     
    PIERCE FOUNDATION
    EIN:
    38-2820095
    Description Amount
    UNREALIZED GAIN ON SECURITIES 2,654,853


    TY 2020 OtherLiabilitiesSchedule
    Name:
    THE WILLARD G PIERCE AND JESSIE M
     
    PIERCE FOUNDATION
    EIN:
    38-2820095
    Description Beginning of Year - Book Value End of Year - Book Value
    LINE OF CREDIT 3,587,183 3,482,403


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    THE WILLARD G PIERCE AND JESSIE M
     
    PIERCE FOUNDATION
    EIN:
    38-2820095
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INDIRECT OTHER PROFESSIONAL FEES 1,860     1,860


    TY 2020 SalesOfInventoryList 
    Name:
    THE WILLARD G PIERCE AND JESSIE M
     
    PIERCE FOUNDATION
    EIN:
    38-2820095

    Category Gross Sales Cost of Goods Sold Net (Gross Sales Minus
    Cost of Goods Sold)
    GIFT SHOP SALES 2,320 1,756 564

    TY 2020 TaxesSchedule
    Name:
    THE WILLARD G PIERCE AND JESSIE M
     
    PIERCE FOUNDATION
    EIN:
    38-2820095
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN/EXCISE TAX 18,963 18,963