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 Pierce Family Charitable Foundation
 
% Foundation Source
Number and street (or P.O. box number if mail is not delivered to street address)Foundation Source 501 Silverside Rd
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Wilmington, DE198091377
A Employer identification number

26-1459612
B Telephone number (see instructions)

(800) 839-1754
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$3,297,921J 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) 0
2 Check bullet.............
3 Interest on savings and temporary cash investments 1,631 1,631  
4 Dividends and interest from securities... 68,922 68,922  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 276,218
b Gross sales price for all assets on line 6a 1,719,928
7 Capital gain net income (from Part IV, line 2)... 276,218
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 168,672 22 168,650
12 Total. Add lines 1 through 11........ 515,443 346,793 168,650
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 558,159 33,952   524,207
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 500      
19 Depreciation (attach schedule) and depletion... Click to see attachment 1,226   0
20 Occupancy..............        
21 Travel, conferences, and meetings....... 10,567     10,567
22 Printing and publications.......... 599     599
23 Other expenses (attach schedule)....... Click to see attachment 44,660 427   44,233
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 615,711 34,379 0 579,606
25 Contributions, gifts, grants paid....... 857,979 854,600
26 Total expenses and disbursements. Add lines 24 and 25 1,473,690 34,379 0 1,434,206
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -958,247
b Net investment income (if negative, enter -0-) 312,414
c Adjusted net income (if negative, enter -0-)... 168,650
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.............      
2 Savings and temporary cash investments......... 471,803 272,052 272,052
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
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..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 163,208 Click to see attachment128,775 140,780
b Investments—corporate stock (attach schedule)....... 2,497,038 Click to see attachment1,865,748 2,830,924
c Investments—corporate bonds (attach schedule)....... 154,155 Click to see attachment62,608 50,327
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet6,129
Less: accumulated depreciation (attach schedule) bullet2,291 5,064 Click to see attachment3,838 3,838
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 3,291,268 2,333,021 3,297,921
Liabilities 17 Accounts payable and accrued expenses..........    
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)    
23 Total liabilities (add lines 17 through 22)......... 0 0
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...........    
25 Net assets with donor restrictions............    
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 3,291,268 2,333,021
29 Total net assets or fund balances (see instructions)..... 3,291,268 2,333,021
30 Total liabilities and net assets/fund balances (see instructions). 3,291,268 2,333,021
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
3,291,268
2
Enter amount from Part I, line 27a .....................
2
-958,247
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
2,333,021
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
2,333,021
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 Publicly-traded Securities      
b
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 1,719,928   1,443,710 276,218
b
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       276,218
b
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 2 276,218
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 4,343
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 4,343
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 4,343
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 3,305
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 1,040
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 4,345
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 2
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet2 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
 
No
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)
    bulletDE, IL
    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
     
    No
    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 addressbullet  
    14
    The books are in care ofbulletFoundation Source Telephone no.bullet (800) 839-1754

    Located atbullet501 Silverside Road Suite 123WilmingtonDE ZIP+4bullet198091377
    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
     
     
    ........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
    Denis Pierce Pres, Dir
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Martha V Pierce Sec
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    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
     
    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
    McCalla Raymer Leibert Pierce LLC Philanthropic 455,113
    1 N Dearborn St Suite 1200
    Chicago,IL60602
    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 SEE ATTACHED 481,299
    2  
    3  
    4  
    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  
    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
    3,134,110
    b
    Average of monthly cash balances.......................
    1b
    357,331
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    3,491,441
    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
    0
    3
    Subtract line 2 from line 1d.........................
    3
    3,491,441
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    52,372
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    3,439,069
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    171,953
    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
    171,953
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    4,343
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    4,343
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    167,610
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    167,610
    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
    167,610
    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
    1,434,206
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    3,379
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    1,437,585
    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
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,437,585
    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 7 167,610
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only.......  
    b Total for prior years:2018, 2017, 2016  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 1,604,166
    b From 2016...... 1,407,720
    c From 2017...... 1,281,394
    d From 2018...... 1,294,083
    e From 2019...... 1,177,891
    fTotal of lines 3a through e........ 6,765,254
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 1,437,585
    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..... 167,610
    e Remaining amount distributed out of corpus 1,269,975
    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 8,035,229
    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 ..........     		0
    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) ...     		1,604,166
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		6,431,063
    10 Analysis of line 9:
    a Excess from 2016.... 1,407,720
    b Excess from 2017.... 1,281,394
    c Excess from 2018.... 1,294,083
    d Excess from 2019.... 1,177,891
    e Excess from 2020.... 1,269,975
    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
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    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 ....     		         
    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...     		         
    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).)
    Denis Pierce
    Martha V Pierce
    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 email 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:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    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
    ALAMEDA EMERGENCY FOOD
    PO BOX 2167
    ALAMEDA,CA94501     		N/A PC General & Unrestricted 1,000
    ALBANY PARK THEATER PROJECT
    PO BOX 25072
    CHICAGO,IL60625     		N/A PC General & Unrestricted 2,000
    ALL CHICAGO MAKING HOMELESSNESS HISTORY
    651 W WASHINGTON BLVD STE 504
    CHICAGO,IL60661     		N/A PC General & Unrestricted 10,000
    AMERICAN INDIAN CENTER INC
    3401 W AINSLIE ST
    CHICAGO,IL60625     		N/A PC General & Unrestricted 1,000
    AMERICAN SOCIETY FOR THE PREVENTION OF CRUELTY TO
    424 E 92ND ST
    NEW YORK,NY10128     		N/A PC General & Unrestricted 1,000
    BLACKROOTS ALLIANCE
    11211 S SAINT LAWRENCE AVE
    CHICAGO,IL60628     		N/A PC General & Unrestricted 1,500
    BREAKTHROUGH URBAN MINISTRIES INC
    PO BOX 47200
    CHICAGO,IL60647     		N/A PC General & Unrestricted 5,000
    BRENT SOPEL FOUNDATION
    820 N RIDGE AVE
    ARLINGTON HTS,IL60004     		N/A PC General & Unrestricted 500
    BROKEN NOSE THEATRE
    1331 N MILWAUKEE AVE
    CHICAGO,IL60622     		N/A PC General & Unrestricted 500
    CARA PROGRAM
    237 S DESPLAINES ST
    CHICAGO,IL60661     		N/A PC General & Unrestricted 3,700
    CENTER FOR CHANGING LIVES
    1955 N ST LOUIS AVE STE 101
    CHICAGO,IL60647     		N/A PC General & Unrestricted 32,500
    CENTER FOR CHANGING LIVES
    1955 N ST LOUIS AVE STE 101
    CHICAGO,IL60647     		N/A PC Capacity building project 5,000
    CENTER FOR CHANGING LIVES
    1955 N ST LOUIS AVE STE 101
    CHICAGO,IL60647     		N/A PC Professional Development Fund 2,000
    CENTER FOR CHANGING LIVES
    1955 N ST LOUIS AVE STE 101
    CHICAGO,IL60647     		N/A PC Technology expenses fund 5,000
    CENTER FOR LEARNING ABILITIES ORG
    2800 W N SHORE AVE
    CHICAGO,IL60645     		N/A PC General & Unrestricted 2,000
    CENTER FOR VICTIMS OF TORTURE
    2356 UNIVERSITY AVE W
    SAINT PAUL,MN55114     		N/A PC General & Unrestricted 1,500
    CHICAGO CARES INC
    641 W LAKE ST STE 200
    CHICAGO,IL60661     		N/A PC AMPT: Advancing Nonprofits Program 52,500
    CHICAGO COALITION FOR THE HOMELESS
    70 E LAKE ST STE 720
    CHICAGO,IL60601     		N/A PC General & Unrestricted 5,500
    CHICAGO COALITION FOR THE HOMELESS
    70 E LAKE ST STE 720
    CHICAGO,IL60601     		N/A PC HR capacity building project 5,000
    CHICAGO FOUNDATION FOR WOMEN
    140 S DEARBORN ST STE 400
    CHICAGO,IL60603     		N/A PC General & Unrestricted 11,000
    CHICAGO FURNITURE BANK INC
    135 S LA SALLE ST STE 2000
    CHICAGO,IL60603     		N/A PC General & Unrestricted 5,000
    CHICAGO HOUSE AND SOCIAL SERVICE AGENCY
    2229 S MICHIGAN AVE STE 304
    CHICAGO,IL60616     		N/A PC Project Restoration Campaign 10,000
    CHICAGO LAWYERS COMMITTEE FOR CIVIL RIGHTS UNDER L
    100 N LASALLE ST STE 600
    CHICAGO,IL60606     		N/A PC Equitable Community Development program 5,000
    CHICAGO RELIGIOUS LEADERSHIP NETWORK ON LATIN AMER
    5655 S UNIVERSITY AVE RM 23
    CHICAGO,IL60637     		N/A PC General & Unrestricted 20,000
    CHICAGO STREET MEDICINE
    5743 W GRAND AVE
    CHICAGO,IL60639     		N/A PC General & Unrestricted 1,000
    CHICAGO WOMEN IN PHILANTHROPY
    4210 W IRVING PARK RD
    CHICAGO,IL60641     		N/A PC Charitable Event 1,000
    CHOPIN THEATRE PRODUCTIONS NFP
    1543 W DIVISION ST
    CHICAGO,IL60642     		N/A PC General & Unrestricted 500
    CITY LIT THEATRE COMPANY
    1020 W BRYN MAWR AVE
    CHICAGO,IL60660     		N/A PC General & Unrestricted 500
    CLARETIAN ASSOCIATES INC
    9108 S BRANDON AVE
    CHICAGO,IL60617     		N/A PC General & Unrestricted 5,000
    COMMON PURPOSE US INC
    400 ATLANTIC AVE
    BOSTON,MA02110     		N/A PC Chicago200 project 1,000
    CONNECTIONS FOR THE HOMELESS INC
    2121 DEWEY AVE
    EVANSTON,IL60201     		N/A PC General & Unrestricted 12,000
    CONNECTIONS FOR THE HOMELESS INC
    2121 DEWEY AVE
    EVANSTON,IL60201     		N/A PC Hilda's Place Project 700
    COVENANT HOUSE CALIFORNIA
    1325 N WESTERN AVE
    LOS ANGELES,CA90027     		N/A PC Oakland, CA facility fund and programs 1,000
    COVENANT HOUSE ILLINOIS INC
    PO BOX 101276
    CHICAGO,IL60610     		N/A PC General & Unrestricted 5,500
    CREATIVETS
    672 A WESTBORO DR
    NASHVILLE,TN37209     		N/A PC General & Unrestricted 500
    CROSSHATCH CENTER FOR ART AND ECOLOGY
    PO BOX 929
    BELLAIRE,MI49615     		N/A PC General & Unrestricted 2,000
    CROSSROADS FUND
    3411 W DIVERSEY AVE STE 20
    CHICAGO,IL60647     		N/A PC General & Unrestricted 1,000
    CROSSROADS FUND
    3411 W DIVERSEY AVE STE 20
    CHICAGO,IL60647     		N/A PC Charitable Event 2,500
    CROSSROADS FUND
    3411 W DIVERSEY AVE STE 20
    CHICAGO,IL60647     		N/A PC Chicago Racial Justice Pooled Fund 45,000
    CROSSROADS FUND
    3411 W DIVERSEY AVE STE 20
    CHICAGO,IL60647     		N/A PC Technology Funders Collaborative Project 5,000
    CROSSROADS FUND
    3411 W DIVERSEY AVE STE 20
    CHICAGO,IL60647     		N/A PC The Chicago Independent Media Alliance 2020 Fund 2,500
    DEBORAHS PLACE
    2822 W JACKSON BLVD
    CHICAGO,IL60612     		N/A PC General & Unrestricted 10,000
    EVANSTON SCHOLARS
    1234 SHERMAN AVE STE 214
    EVANSTON,IL60202     		N/A PC General & Unrestricted 1,000
    FACING FORWARD TO END HOMELESSNESS
    642 N KEDZIE AVE
    CHICAGO,IL60612     		N/A PC General & Unrestricted 30,000
    FACING FORWARD TO END HOMELESSNESS
    642 N KEDZIE AVE
    CHICAGO,IL60612     		N/A PC Professional Development Fund 2,000
    FACING FORWARD TO END HOMELESSNESS
    642 N KEDZIE AVE
    CHICAGO,IL60612     		N/A PC technology expenses fund 5,000
    FCNL EDUCATION FUND
    245 2ND ST NE
    WASHINGTON,DC20002     		N/A PC General & Unrestricted 3,000
    FOR LOVE OF WATER
    153 1/2 E FRONT ST
    TRAVERSE CITY,MI49684     		N/A PC General & Unrestricted 5,000
    FOREFRONT
    200 W MADISON ST 2ND FL
    CHICAGO,IL60606     		N/A PC Peer Skill Share Program 15,000
    FOREFRONT
    200 W MADISON ST 2ND FL
    CHICAGO,IL60606     		N/A PC Chicago African Americans in Philanthropy 1,000
    FOUNDATION FOR LOUISIANA
    4354 S SHERWOOD FOREST BLVD STE 100
    BATON ROUGE,LA70816     		N/A PC Association of Black Foundation Executives for the voice. vision. value. project 2,500
    FRIENDS OF THE CHILDREN - CHICAGO
    231 N PINE AVE
    CHICAGO,IL60644     		N/A PC General & Unrestricted 1,000
    FUNDERS TOGETHER TO END HOMELESSNES S INC
    89 S ST STE 603
    BOSTON,MA02111     		N/A PC General & Unrestricted 1,000
    GARFIELD PARK COMMUNITY COUNCIL
    300 N CENTRAL PARK AVE
    CHICAGO,IL60624     		N/A PC General & Unrestricted 5,000
    GOOD NEWS PARTNERS
    1600 W JONQUIL TERRACE
    CHICAGO,IL60626     		N/A PC General & Unrestricted 10,000
    GOODWILL INDUSTRIES OF NORTHERN MICHIGAN INC
    2279 S AIRPORT RD W
    TRAVERSE CITY,MI49684     		N/A PC Food Rescue program 2,000
    GROUNDWORK CENTER FOR RESILIENT COMMUNITIES INC
    148 E FRONT ST STE 301
    TRAVERSE CITY,MI49684     		N/A PC General & Unrestricted 10,000
    GROWING HOME INC
    825 W 69TH ST
    CHICAGO,IL60621     		N/A PC General & Unrestricted 700
    HARMONY HOPE & HEALING
    703 W MONROE ST
    CHICAGO,IL60661     		N/A PC General & Unrestricted 5,000
    HEARTLAND ALLIANCE FOR HUMAN NEEDS & HUMAN RIGHTS
    208 S LASALLE ST STE 1300
    CHICAGO,IL60604     		N/A PC National Immigrant Justice Center 5,000
    HELP HOPE LIVE INC
    2 RADNOR CORPORATE CTR STE 100 100
    RADNOR,PA19087     		N/A PC General & Unrestricted 500
    HOUSE THEATRE OF CHICAGO
    4020 N ROCKWELL ST
    CHICAGO,IL60618     		N/A PC General & Unrestricted 500
    HOUSING ACTION ILLINOIS
    67 E MADISON ST STE 1603
    CHICAGO,IL60603     		N/A PC General & Unrestricted 5,000
    HOUSING OPPORTUNITIES & MAINTENANCE FOR THE ELDERL
    1419 W CARROLL AVE STE 2
    CHICAGO,IL60607     		N/A PC General & Unrestricted 5,000
    HOUSING OPPORTUNITIES & MAINTENANCE FOR THE ELDERL
    1419 W CARROLL AVE STE 2
    CHICAGO,IL60607     		N/A PC Online Security Training Fund for Staff 1,100
    HOUSING OPPORTUNITIES FOR WOMEN INC
    1607 W HOWARD ST 2ND FL
    CHICAGO,IL60626     		N/A PC General & Unrestricted 10,700
    HUMAN NATURE SCHOOL
    1200 W 11TH ST
    TRAVERSE CITY,MI49684     		N/A PC General & Unrestricted 1,000
    IGNITE ORG
    180 N MICHIGAN AVE STE 1900
    CHICAGO,IL60601     		N/A PC General & Unrestricted 15,000
    IGNITE ORG
    180 N MICHIGAN AVE STE 1900
    CHICAGO,IL60601     		N/A PC Technology expenses fund 10,000
    ILLINOIS ARTS ALLIANCE
    200 W MADISON ST FL 3
    CHICAGO,IL60606     		N/A PC General & Unrestricted 1,000
    INSPIRATION CORPORATION
    4554 N BROADWAY ST STE 207
    CHICAGO,IL60640     		N/A PC General & Unrestricted 5,000
    INTERFAITH ACTION OF EVANSTON
    1509 RIDGE AVE
    EVANSTON,IL60201     		N/A PC General & Unrestricted 1,000
    INTERFAITH COMMUNITY FOR DETAINED IMMIGRANTS
    5401 S CORNELL AVE
    CHICAGO,IL60615     		N/A PC fundraising capacity building project 6,100
    INVISIBLE PEOPLE
    7119 W SUNSET BLVD
    LOS ANGELES,CA90046     		N/A PC General & Unrestricted 5,000
    ISRAELITE PORTUGUESE FRATERNITY OF CHICAGO
    1819 W HOWARD ST
    EVANSTON,IL60202     		N/A PC General & Unrestricted 2,000
    LA CASA NORTE
    3533 W N AVE
    CHICAGO,IL60647     		N/A PC General & Unrestricted 13,100
    LATIN AMERICA WORKING GROUP EDUCATION FUND
    2029 P ST NW STE 301
    WASHINGTON,DC20036     		N/A PC General & Unrestricted 3,000
    LATINO POLICY FORUM
    180 N MICHIGAN AVE STE 1250
    CHICAGO,IL60601     		N/A PC Charitable Event 3,000
    LITTLE SISTERS OF THE POOR CHICAGO INC
    2325 N LAKEWOOD AVE
    CHICAGO,IL60614     		N/A PC St. Mary's Home Project 500
    LITTLE VILLAGE ENVIRONMENTAL JUSTICE ORGANIZATION
    2445 S SPAULDING AVE
    CHICAGO,IL60623     		N/A PC General & Unrestricted 500
    LOCAL INITIATIVES SUPPORT CORPORATION - CHICAGO
    10 S RIVERSIDE PLZ STE 1700
    CHICAGO,IL60606     		N/A PC Charitable Event 2,500
    LYTE COLLECTIVE
    2333 N KILDARE AVE
    CHICAGO,IL60639     		N/A PC General & Unrestricted 10,000
    MARGARETS VILLAGE
    7315 S YALE AVE
    CHICAGO,IL60621     		N/A PC General & Unrestricted 17,500
    MARGARETS VILLAGE
    7315 S YALE AVE
    CHICAGO,IL60621     		N/A PC facility assessment consultant fund 1,750
    MATTHEW HOUSE
    3728 SO INDIANA AVE
    CHICAGO,IL60653     		N/A PC General & Unrestricted 17,500
    METROPOLITAN FAMILY SERVICES
    ONE N DEARBORN ST STE 1000
    CHICAGO,IL60602     		N/A PC President's Summer Fellowship Program 7,500
    METROPOLITAN PLANNING COUNCIL
    140 S DEARBORN ST STE 1400
    CHICAGO,IL60603     		N/A PC General & Unrestricted 1,250
    METROPOLITAN TENANTS ORGANIZATION
    1727 S INDIANA AVE
    CHICAGO,IL60616     		N/A PC General & Unrestricted 5,000
    MICHAEL REESE HEALTH TRUST
    150 N WACKER DR STE 2320
    CHICAGO,IL60606     		N/A PC Chicago Funders Together Program to End Homelessness 25,000
    MICHIGAN LEAGUE OF CONSERVATION VOTERS EDUCATION F
    3029 MILLER RD
    ANN ARBOR,MI48103     		N/A PC General & Unrestricted 5,000
    MOTHERS DEMAND ACTION CORPORATION
    11 MARLBORO ST
    HAMDEN,CT06517     		N/A PC General & Unrestricted 500
    NEIGHBORHOOD HOUSING SERVICES OF CHICAGO INC
    1279 N MILWAUKEE AVE
    CHICAGO,IL60622     		N/A PC General & Unrestricted 5,000
    NEIGHBORHOOD NETWORK ALLIANCE
    1818 E 71ST ST
    CHICAGO,IL60649     		N/A PC General & Unrestricted 500
    NEW MOMS INC
    5317 W CHICAGO AVE
    CHICAGO,IL60651     		N/A PC General & Unrestricted 30,500
    NEW MOMS INC
    5317 W CHICAGO AVE
    CHICAGO,IL60651     		N/A PC Capacity building project 5,000
    NEW MOMS INC
    5317 W CHICAGO AVE
    CHICAGO,IL60651     		N/A PC Professional Development fund 2,000
    NEW MOMS INC
    5317 W CHICAGO AVE
    CHICAGO,IL60651     		N/A PC Technology expenses fund 5,000
    NIGHT MINISTRY
    1735 N ASHLAND AVE STE 2000
    CHICAGO,IL60622     		N/A PC Professional Development fund 2,000
    NIGHT MINISTRY
    1735 N ASHLAND AVE STE 2000
    CHICAGO,IL60622     		N/A PC Technology expenses fund 5,000
    NIGHT MINISTRY
    1735 N ASHLAND AVE STE 2000
    CHICAGO,IL60622     		N/A PC The Crib Program 25,000
    NISGUA
    337 17TH ST STE 212
    OAKLAND,CA94612     		N/A PC General & Unrestricted 5,000
    NON-PROFIT TECHNOLOGY ENTERPRISE NETWORK
    621 SW ALDER ST STE 310
    PORTLAND,OR97205     		N/A PC General & Unrestricted 1,000
    NON-PROFIT TECHNOLOGY ENTERPRISE NETWORK
    621 SW ALDER ST STE 310
    PORTLAND,OR97205     		N/A PC Scholarship Fund 2,000
    NORTH PARK UNIVERSITY
    3225 W FOSTER AVE
    CHICAGO,IL60625     		N/A PC Charitable Event 2,500
    NORTHERN MICHIGAN ENVIRONMENTAL ACTION COUNCIL INC
    PO BOX 1166
    TRAVERSE CITY,MI49685     		N/A PC General & Unrestricted 1,000
    NORTHWEST SIDE HOUSING CENTER
    5233 W DIVERSEY AVE
    CHICAGO,IL60639     		N/A PC General & Unrestricted 25,000
    NORTHWEST SIDE HOUSING CENTER
    5233 W DIVERSEY AVE
    CHICAGO,IL60639     		N/A PC accounting support fund 5,000
    NORTHWEST SIDE HOUSING CENTER
    5233 W DIVERSEY AVE
    CHICAGO,IL60639     		N/A PC capacity building project 7,000
    NORTHWEST SIDE HOUSING CENTER
    5233 W DIVERSEY AVE
    CHICAGO,IL60639     		N/A PC Professional Development fund 2,000
    NORTHWEST SIDE HOUSING CENTER
    5233 W DIVERSEY AVE
    CHICAGO,IL60639     		N/A PC technology expenses fund 5,000
    ORPHANAGE OUTREACH INC
    7954 W FETLOCK TRL
    PEORIA,AZ85383     		N/A PC General & Unrestricted 1,000
    OUR ART OF GIVING
    3943 N FRANCISCO AVE
    CHICAGO,IL60618     		N/A PC Chicago LGBT Senior Citizens Fund 500
    PEOPLE FOR COMMUNITY RECOVERY
    13330 S CORLISS AVE
    CHICAGO,IL60827     		N/A PC General & Unrestricted 1,000
    PIVEN THEATRE WORKSHOP
    927 NOYES ST
    EVANSTON,IL60201     		N/A PC Ensemble Play at Cook County (EPIC) program 7,500
    RENAISSANCE SOCIAL SERVICES INC
    2501 W WASHINGTON BLVD STE 401
    CHICAGO,IL60612     		N/A PC General & Unrestricted 10,000
    ROBERT R MCCORMICK FOUNDATION
    205 N MICHIGAN AVE STE 4300
    CHICAGO,IL60601     		N/A PC Pathways Initiative 5,000
    ROLE MODEL MOVEMENT INC NFP
    47 W POLK ST STE 100
    CHICAGO,IL60605     		N/A PC General & Unrestricted 500
    SAFE HUMANE
    PO BOX 7342
    CHICAGO,IL60680     		N/A PC General & Unrestricted 500
    SARAHS CIRCLE
    4838 N SHERIDAN RD
    CHICAGO,IL60640     		N/A PC general operations fund, HR consulting project 21,000
    SEEDS
    PO BOX 2454
    TRAVERSE CITY,MI49685     		N/A PC General & Unrestricted 2,500
    SEPHARDIC COMMUNITY SHAARE MIZRAH
    2949 W TOUHY AVE
    CHICAGO,IL60645     		N/A PC Geshem Fund 1,000
    SKYART NFP
    3026 E 91ST ST
    CHICAGO,IL60617     		N/A PC General & Unrestricted 1,000
    SNOW CITY ARTS FOUNDATION
    1653 W CONGRESS PKWY KIDSTON 103
    CHICAGO,IL60612     		N/A PC General & Unrestricted 500
    SOUTHSIDERS ORGANIZED FOR UNITY AND LIBERATION
    11211 S SAINT LAWRENCE AVE
    CHICAGO,IL60628     		N/A PC General & Unrestricted 1,000
    SPANISH COALITION FOR HOUSING
    1922 N PULASKI RD
    CHICAGO,IL60639     		N/A PC General & Unrestricted 10,000
    ST LEONARD'S MINISTRIES
    2100 W WARREN BLVD
    CHICAGO,IL60612     		N/A PC General & Unrestricted 5,000
    SWEETWATER FOUNDATION INC
    5749 S PERRY AVE
    CHICAGO,IL60621     		N/A PC General & Unrestricted 1,000
    THE BOULEVARD OF CHICAGO INC
    3456 W FRANKLIN BLVD
    CHICAGO,IL60624     		N/A PC General & Unrestricted 25,000
    THE HONEYCOMB PROJECT INC NFP
    1658 N MILWAUKEE AVE STE 190
    CHICAGO,IL60647     		N/A PC General & Unrestricted 500
    THE RENAISSANCE COLLABORATIVE INC
    3757 S WABASH AVE
    CHICAGO,IL60653     		N/A PC General & Unrestricted 27,500
    THE TREVOR PROJECT INC
    PO BOX 69232
    WEST HOLLYWOOD,CA90069     		N/A PC General & Unrestricted 1,000
    THE VIVIAN G HARSH SOCIETY INC
    PO BOX 438157
    CHICAGO,IL60643     		N/A PC General & Unrestricted 500
    TITLE TRACK
    6332 M 72 W
    WILLIAMSBURG,MI49690     		N/A PC General & Unrestricted 2,000
    TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA - PENN
    3535 MARKET ST STE 750
    PHILADELPHIA,PA19104     		N/A PC Center for Studies of Addiction 1,000
    UNDERSCORE THEATER COMPANY
    PO BOX 408748
    CHICAGO,IL60640     		N/A PC General & Unrestricted 500
    UNITED WAY OF METROPOLITAN CHICAGO INC
    231196 MOMENTUM PL
    CHICAGO,IL60689     		N/A PC Truth, Racial Healing, and Transformation Fund 10,000
    UNITY PARENTING AND COUNSELING INC
    600 W CERMAK RD STE 300
    CHICAGO,IL60616     		N/A PC Ujima Village Project 5,000
    VISIONARY VENTURES NFP CORPORATION
    232 S OAK ST
    ITASCA,IL60143     		N/A PC General & Unrestricted 1,000
    WOMENS DAYTIME DROP-IN CENTER
    2218 ACTON ST
    BERKELEY,CA94702     		N/A PC General & Unrestricted 1,000
    WORKERS CENTER FOR RACIAL JUSTICE NFP
    2243 E 71ST ST
    CHICAGO,IL60649     		N/A PC General & Unrestricted 2,000
    YOUNG CHICAGO AUTHORS
    1180 N MILWAUKEE AVE STE 2
    CHICAGO,IL60642     		N/A PC General & Unrestricted 500
    YOUTH OUTLOOK
    1828 OLD NAPERVILLE RD
    NAPERVILLE,IL60563     		N/A PC General & Unrestricted 1,000
    Margarets Village
    7315 S Yale Ave
    Chicago,IL60621     		n/a PC general & unrestricted (see attached general explanation) 3,379
    Total .................................bullet 3a 857,979
    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
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 1,631  
    4 Dividends and interest from securities....     14 68,922  
    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 ............     		    18 276,218  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aCLASS ACTION LAWSUIT PROCEEDS     		    01 22  
    bEXEMPT-FUNCTION INCOME         168,650
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   346,793 168,650
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    515,443
    (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.)
    11a Income received from grant-making and philanthropic consulting services that further the foundation's own exempt purposes.
    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

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

    TY 2020 DepreciationSchedule
    Name:
    The Pierce Family Charitable Foundation
    EIN:
    26-1459612
    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
    COMPUTER 2018-10-01 3,329 832 SL 5 666   0  
    COMPUTER 2019-08-06 2,800 233 SL 5 560   0  

    TY 2020 GeneralExplanationAttachment
    Name:
    The Pierce Family Charitable Foundation
    EIN:
    26-1459612
    Identifier Return Reference Explanation
    form 990-pf, parts I and XV: FORM 990-PF, PARTS I AND XV: TOTAL Part I, Line 25, Column (a) and Part XV, Line 3a: $857,979 Less amount counted as a qualifying distribution on Part XII, Line 2: $3,379 TOTAL Part I, Line 25, Column (d): $854,600
    IN-KIND GRANTS PART I LINE 25 AND PART XV LINE 3A DISTRIBUTIONS OF PROPERTY VALUE AT FAIR MARKET VALUE AT DATE OF DISTRIBUTION METHOD FOR DETERMINING VALUE OF LAPTOPS: PURCHASE PRICE TOTAL FAIR MARKET VALUE OF PROPERTY: $3,379 TOTAL BOOK VALUE OF PROPERTY: $3,379 TOTAL AMOUNT OF GRANTS: $3,379 FORM 990-PF, PART III, LINE 3 - OTHER INCREASES/DECREASES: $- DETAILS OF ITEMS GRANTED: DESCRIPTION OF PROPERTY: LAPTOPS UNITS: 3 DATE OF DISTRIBUTION: 5/12/2020 GRANT RECIPIENT: MARGARETS VILLAGE FMV OF PROPERTY: $3,379 BOOK VALUE OF PROPERTY: $3,379 TOTAL AMOUNT OF GRANT: $3,379
    DCA Part IX-A (990-PF) - Summary of Direct Charitable Activities The Pierce Family Foundation is working to increase the efficiency and effectiveness of local public charities committed to addressing urban housing and homelessness issues by providing these charities with operational and strategic consultants, upgraded computer hardware and software, and management training.

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    The Pierce Family Charitable Foundation
    EIN:
    26-1459612
    Name of Bond End of Year Book Value End of Year Fair Market Value
    AUSTRALIAN GOVT BOND - 5.750% 62,608 50,327

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    The Pierce Family Charitable Foundation
    EIN:
    26-1459612
    Name of Stock End of Year Book Value End of Year Fair Market Value
    3M CO 17,315 29,015
    ABIOMED 4,310 6,160
    ACCENTURE PLC 12,384 42,055
    ACTIVISION BLIZZARD INC 3,932 6,871
    ADOBE SYSTEMS, INC 6,463 19,505
    ADVANCED MICRO DEVICES INC 6,058 12,197
    AGILENT TECHNOLOGIES INC 2,253 2,370
    AIA GROUP LTD ADR 6,622 9,580
    AIRBNB 2,159 2,349
    AKAMAI TECH COM STK 997 2,520
    AKZO NOBEL NV-ADR 2,151 3,678
    ALBANY INTERNATIONAL CORP 2,913 2,937
    ALBEMARLE CP 2,043 3,098
    ALCON INC 4,141 5,740
    ALIBABA GROUP HOLDING LTD 26,294 39,331
    ALIGN TECHNOLOGY, INC 4,004 9,084
    ALLIANZ FIXED INCOME SHARES SE 66,108 66,590
    ALLIANZ FIXED INCOMESHARES SER 64,461 66,215
    ALLSTATE CORP 5,098 8,465
    ALPHABET INC CL A 24,471 45,569
    ALPHABET INC CL C 3,243 8,759
    AMAZON COM 23,882 68,395
    AMCOR LTD ORD SHS 1,894 2,048
    AMER INTERNATIONAL GROUP INC 10,631 9,692
    AMERICAN EXPRESS CO 2,333 2,902
    ANSYS INC 502 2,910
    AON PLC CL A 3,271 5,282
    APPLE INC 20,584 63,691
    APPLIED MATERIALS INC 2,921 6,386
    ARCHER DANIELS MDLND 5,816 7,763
    ARCHROCK INC 2,273 2,866
    ARROW ELECTRONICS INC 1,751 2,043
    ASHTEAD GROUP PLC 1,441 4,548
    ASML HOLDING NV NY REG SHS 4,040 5,365
    ASSA ABLOY UNSP/ADR 2,198 3,173
    ASTRAZENECA 2,811 3,249
    AT&T, INC 8,322 7,161
    ATLASSIAN CORP PLC 1,867 3,040
    BALL CP 2,468 3,354
    BANCO BRADESCO S.A. SPONS ADR 2,011 1,546
    BANK OF AMER CORP SER G PFD CL 70,698 88,812
    BECTON DICKINSON & CO 8,800 27,524
    BEIERSDORF AG ADR EACH REPR 0. 2,004 2,087
    BIO RAD LABS INC CL A 627 3,498
    BIOMARIN PHARMACEUTICAL INC 2,626 2,631
    BLACK KNIGHT, INC 1,363 3,446
    BLACKROCK FUNDS II, STRATEGIC 205,801 209,734
    BLACKROCK INC 2,250 2,886
    BOOKING HOLDINGS INC 6,390 11,136
    BORG WARNER INC 1,535 1,507
    BOSTON PPTYS INC 1,039 945
    BOSTON SCIENTIFIC 2,199 2,517
    BRISTOL-MYERS SQUIBB CO 5,700 6,761
    BRITISH AMERICAN TOBACCO PLC 1,539 1,612
    BROADCOM INC 9,693 15,763
    BROOKFIELD ASSET MANAGEMENT CL 2,964 4,540
    CABOT CP 1,562 1,571
    CABOT OIL & GAS CORP 16,803 18,462
    CALRSBERG AS SP ADR REP B 1,439 2,506
    CAMECO CORPORATION 622 1,541
    CANADIAN NATL RAILWAY CO 2,577 5,053
    CARDINAL HEALTH INC 9,798 8,302
    CARNIVAL CORP 470 1,148
    CATERPILLAR INC 6,541 9,465
    CBRE GROUP 1,283 2,948
    CENTENE CORP 1,015 1,801
    CF INDUSTRIES HOLDINGS, INC 1,918 2,632
    CGI INC 4,002 6,186
    CHEVRON CORP 21,171 17,143
    CHINA MENGNIU DAIRY COMPANY AD 1,943 3,060
    CHIPOTLE MEX GRILL 2,469 5,547
    CHUBB LIMITED 5,282 5,695
    CIGNA CORPORATION 12,846 15,197
    CIRRUS LOGIC INC 1,338 2,055
    CISCO SYSTEMS INC 12,187 23,807
    CITIGROUP INC 6,001 6,043
    CLOSE BROTHERS GROUP 25 P ORD 1,553 2,573
    COCA COLA EUROPEAN PARTNERS PL 1,887 2,990
    COGNIZANT TECHNOLOGY SOLUTIONS 6,062 8,687
    COHERENT INC CAL 2,273 2,400
    COMCAST CORP 26,062 38,619
    COMPASS GROUP PLC ADR 1,737 2,828
    CONAGRA FOODS INC 6,074 7,361
    CONOCOPHILLIPS 11,212 9,838
    CORP OFFICE PPTY TR 2,200 2,504
    COSTAR GROUP, INC 3,547 9,243
    COSTCO WHOLESALE CORPORATION 16,320 32,026
    CRACKER BARREL OLD COUNTRY STO 2,072 2,375
    CREDICORP LTD 2,878 3,936
    CRH PLC - AMERICAN DEPOSITARY 1,526 1,533
    CRITEO SA 1,591 1,661
    CROWN CASTLE INTL 16,007 31,838
    CSL LTD 601 1,652
    CVS CAREMARK CORP 8,433 8,606
    D R HORTON 503 2,068
    DANAHER CORP 880 2,888
    DARDEN RESTAURANTS INC 696 1,906
    DASSAULT SYS SA SPN ADR 2,631 4,277
    DBS GROUP HLDGS SPON ADR 1,827 2,814
    DEUTSCHE BOERSE ADR 3,303 4,563
    DIAGEO PLC ADS 1,905 2,223
    DIGITAL RLTY TR INC 11,020 26,507
    DIODES 2,561 3,173
    DISCOVER FINL SVCS COM 8,077 8,781
    DOCUSIGN INC 2,893 2,668
    DOLLAR TREE INC 6,178 7,995
    DOMINION ENERGY INC 1,990 1,880
    DU PONT DE NEMOURS 10,012 9,102
    DUKE ENERGY CO 4,305 4,853
    EASTMAN CHEMICAL CO 1,093 1,805
    EATON CORP PLC 3,199 4,685
    EATON VANCE CORP COM 906 2,038
    EDISON INTL 8,579 9,172
    EDWARDS LIFESCIENCES 1,807 5,291
    ELI LILLY & CO 2,914 3,377
    EQUINIX, INC 2,641 3,571
    EQUITY RESIDENTIAL PPTYS TR 8,114 7,944
    ERSTE BK DER OEST SP 1,239 2,122
    ESTEE LAUDER COMPANIES INC 5,008 5,856
    EXACT SCIENCES CORPORATION 4,905 7,817
    EXPERIAN GROUP LTD S/ADR 1,950 3,189
    FACEBOOK INC 13,712 20,760
    FANUC LIMITED UNSPONSORED 4,519 6,592
    FERRARI NV 1,417 2,525
    FIDELITY NATIONAL INFORMATION 1,754 3,254
    FIRSTCASH INC 1,315 2,451
    FISERV INC 1,970 3,530
    FLUTTER ENTMT PLC ADR 2,921 5,737
    FORMFACTOR INC. 2,995 3,183
    GATX CORP INC 1,789 2,662
    GOLDMAN SACHS GROUP 2,981 3,692
    GOLDMAN SACHS PFD SER D - 4.00 74,109 88,339
    GRUPO AEROPORTUARIO DEL ADR 2,376 3,005
    HDFC BANK LTD ADR 3,874 6,214
    HEINEKEN N V S ADR 4,756 6,310
    HEXCEL CP DELAWARE 1,364 2,231
    HOLOGIC, INC 1,598 2,768
    HONEYWELL INTL 11,876 14,889
    HORACE MANN EDUCATOR 1,464 2,018
    HOULIHAN LOKEY INC 2,296 3,227
    HOYA CORP SPONS ADR 1,657 3,886
    HUDSON PACIFIC PROPERTIES INC 2,262 2,258
    HUNTINGTON INGALLS INDUSTRIES 781 1,875
    ICON PLC - AMERICAN DEPOSITARY 2,650 3,315
    IDEXX CORP 3,435 8,498
    ILLINOIS TOOL WORKS 3,108 4,485
    ILLUMINA INC COM 3,653 7,030
    ING GROUP N V SPONSORED ADR 1,981 3,191
    INTEL CORP 9,475 10,014
    INTERNATIONAL PAPER CO 15,369 17,700
    INTUIT 8,732 12,535
    IQVIA HOLDINGS INC 3,213 3,942
    JD.COM, INC 4,026 5,186
    JOHNSON & JOHNSON 26,244 45,168
    JP MORGAN CHASE 17,162 37,994
    KDDI CP UNSP ADR 2,662 3,191
    KEYCORP 1,232 1,904
    KIMBERLY CLARK CORP 2,823 3,236
    KNORR BREMSE ADR 2,944 3,546
    KOITO MANUFACTURING 2,824 3,686
    KOMATSU LTD 3,839 4,567
    KUBOTA CORPORATION 1,863 3,641
    KUENE & NAGEL INTL AG ADR 2,847 4,185
    L3HARRIS TECHNOLOGIES 8,085 29,298
    LABORATORY CORP AMER HLDGS 22,574 40,710
    LENNAR CORP 14,337 26,681
    LINDE PLC COM 3,618 5,534
    LOCKHEED MARTIN CORP 2,223 2,485
    LOGITECH INTERNATIONAL 924 1,944
    LOWES COMPANIES INC 7,159 10,112
    LULULEMON ATHLETICA INC 2,564 2,784
    LVMH MOET HENN UNSP 3,858 6,735
    MAGNA INTERNATIONAL INC 1,308 3,894
    MARSH AND MCLENNAN COMPANIES I 2,758 3,276
    MARUI CO LTD ADR OTC 2,457 2,290
    MASTERCARD INC 2,220 7,139
    MATCH GROUP INC 3,789 4,536
    MCKESSON CORP 2,410 2,783
    MEDTRONIC PLC 4,008 6,091
    MERCK & CO INC 8,908 11,288
    MICHELIN CIE GEN UNSP/ADR 2,896 3,472
    MICROSOFT CORP 8,069 19,573
    MONDELEZ INTERNATIONAL INC 8,603 11,636
    MONOLITHIC POWER SYSTEMS, INC 295 3,296
    MOODYS CORP 1,972 3,483
    MOOG INC CL A 1,414 2,062
    MORGAN STANLEY PFD SER A 40,272 49,900
    MOTOROLA SOLUTIONS INC 7,581 7,823
    MSCI INC 3,947 10,270
    MYRIAD GENETICS, INC 2,491 2,392
    NASDAQ OMX GROUP 1,133 3,451
    NESTLE S.A 8,315 10,720
    NETFLIX INC 1,779 2,704
    NEW ORIENTAL ED & TECHNOLOGY G 5,180 12,635
    NIDEC CORPORATION ADR 2,917 6,942
    NIKE INC-CL B 8,478 17,967
    NORFOLK SOUTHERN CORP 9,225 23,761
    NORTHROP GRUMMAN CORP 10,584 11,275
    NOVARTIS AG ADR 3,906 4,722
    NOVO NORDISK A S 2,241 2,515
    NVIDIA CORP 7,069 54,831
    NXP SEMICONDUCTORS 2,309 2,703
    OLYMPUS CORP S/ADR 4,364 4,600
    ON SEMICONDUCTOR 1,039 4,091
    OPEN TEXT CORP 2,207 2,773
    ORACLE CORP 5,019 8,151
    ORASURE TECHNOLOGIES INC 2,546 2,076
    OTSUKA HOLDINGS CO 2,370 2,593
    PAYPAL HOLDINGS, INC 6,400 18,268
    PENN NATIONAL GAMING 1,391 5,614
    PEPSICO INC 14,341 30,105
    PERNOD-RECARD SA 1,814 2,608
    PHILIP MORRIS INTL 4,781 4,967
    PIONEER NAT RES CO 666 911
    PNC FINANCIAL GROUP INC 2,384 3,427
    PPG INDUSTRIES INC 3,027 4,471
    PROSUS NV ADR 2,705 3,883
    RAYMOND JAMES FINANCIAL INC 845 2,009
    RAYTHEON TECHNOLOGIES CORP 7,732 8,796
    RECKITT BENCKISER GROUP 2,451 2,772
    REINSURANCE GROUP AMER INC 1,277 1,970
    RENTOKIL INITIAL PLC SPON ADR 2,115 3,560
    REPUBLIC SVCS INC 556 1,733
    ROCHE HOLDING LTD ADR 7,004 7,891
    ROKU INC 1,349 2,988
    RYDER SYSTEM 2,351 3,088
    SAFRAN SA - UNSPON ADR 1,468 3,546
    SALESFORCE.COM 5,768 12,239
    SANDS CHINA LTD UNSP ADR 3,733 4,058
    SANDVIK AB SPONS ADR 5,020 6,221
    SANOFI-AVENTIS SPONSORED ADR 2,346 2,284
    SAREPTA THERAPEUTICS INC 3,159 4,774
    SBA COMMUNICATIONS CORP 766 1,975
    SCHNEIDER ELEC UNSP/ADR 2,766 4,979
    SERVICE NOW 4,069 14,311
    SHERWIN-WILLIAMS CO 2,882 5,144
    SMC CORPORATION 1,897 2,603
    SMITH A O CORP DEL COM 1,778 1,809
    SNAP ON INC 993 2,396
    SONOCO PRODUCTS COMPANY 847 1,422
    SONY CORP ADR 6,269 10,312
    SOUTHERN CO 5,551 5,897
    SPLUNK INC 4,775 6,965
    SQUARE INC 4,524 9,794
    STANLEY BLACK & DECKER INC 2,927 3,750
    STERICYCLE INC 2,226 2,496
    STERLING BANCORP (N.Y.) 1,740 1,888
    SYMRISE AG UNSPONSORED 1,905 3,260
    SYNEOS HEALTH INC 2,287 2,725
    T-MOBILE US INC 17,137 21,037
    TAIWAN SEMICONDUCTOR MFG CO LT 1,309 6,651
    TARGET CORPORATION 11,918 27,539
    TE CONNECTIVITY LTD 2,618 2,664
    TELEDYNE TECH INC 795 3,920
    TENCENT HOLDINGS LIMITED 3,973 5,320
    TESLA MOTORS INC 2,113 3,528
    TEXAS INSTRUMENTS INC 5,092 8,207
    THERMO FISHER SCIENTIFIC INC 1,487 3,726
    TOTAL FINA ELF S.A 1,326 2,431
    TRANE TECHNOLOGIES PLC 5,146 9,000
    TRANSUNION COM USD0.01 2,406 2,877
    TRAVELERS COMPANIES INC 14,976 30,601
    TRUIST FINANCIAL CORPORATION 7,719 9,346
    TWILIO INC 2,849 3,047
    UBER 5,931 8,262
    UBS AG 1,319 2,331
    UNILEVER PLC AMER 2,585 3,320
    UNION PACIFIC 2,322 4,581
    UNITED OVRSEAS BK LTD ADR 1,881 1,743
    UNITED PARCEL SERVICE 12,950 33,680
    UNITEDHEALTH GROUP INC 8,504 12,274
    US BANCORP 2,683 2,889
    V F CORP 6,091 14,947
    VEEVA SYSTEMS INC 897 2,450
    VERIZON COMMUNICATIONS 30,093 35,015
    VIATRIS ORD SHS 8,455 8,639
    VISA INC 5,707 19,030
    WAL-MART DE MEX V SP/ADR 5,524 6,022
    WALT DISNEY HOLDINGS CO 7,613 12,501
    WEC ENERGY GROUP, INC 872 1,749
    WIX COM LTD 1,743 2,750
    WOLTERS KLUWER S/ADR 3,002 5,120
    WOLVERINE WORLDWIDE 2,179 1,813
    WOODWARD INC 1,116 2,674
    WORKDAY INC 2,020 2,636
    YUM CHINA HOLDINGS INC 3,522 4,339
    ZOETIS INC 1,599 3,641

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    The Pierce Family Charitable Foundation
    EIN:
    26-1459612
    US Government Securities - End of Year Book Value:

    128,775
    US Government Securities - End of Year Fair Market Value:

    140,780
    State & Local Government Securities - End of Year Book Value:


     
    State & Local Government Securities - End of Year Fair Market Value:


     


    TY 2020 LandEtcSchedule2
    Name:
    The Pierce Family Charitable Foundation
    EIN:
    26-1459612
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    COMPUTER 3,329 1,498 1,831 1,831
    COMPUTER 2,800 793 2,007 2,007


    TY 2020 OtherExpensesSchedule
    Name:
    The Pierce Family Charitable Foundation
    EIN:
    26-1459612
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrative Fees 26,325     26,325
    Bank Charges 427 427    
    Cell Phone Expense 4,270     4,270
    Equipment Maintenance 2,484     2,484
    COMPUTERS/ELECTRONIC DEVICES 864     864
    Foundation Dues & Memberships 5,187     5,187
    Indemnification Insurance 1,068     1,068
    Office Supplies 1,170     1,170
    Postage/Delivery Service 9     9
    State or Local Filing Fees 50     50
    Website Hosting/Support 2,806     2,806


    TY 2020 OtherIncomeSchedule2
    Name:
    The Pierce Family Charitable Foundation
    EIN:
    26-1459612
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Class Action Lawsuit Proceeds 22 22  
    exempt-function income 168,650   168,650


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    The Pierce Family Charitable Foundation
    EIN:
    26-1459612
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administration of Foundation 35,237     35,237
    Investment Management Services 33,952 33,952    
    Philanthropic Consulting Srvcs 477,000     477,000
    TECHNOLOGY SUPPORT SERVICES 11,970     11,970


    TY 2020 TaxesSchedule
    Name:
    The Pierce Family Charitable Foundation
    EIN:
    26-1459612
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    990-PF Estimated Tax for 2020 500