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THE WILLARD G PIERCE AND JESSIE M PIERCE FOUNDATION

THE WILLARD G PIERCE AND JESSIE M PIERCE FOUNDATION

Hastings, MI, US
•
501(c)3
•
EIN
38-2820095
•
WWW.CEDARCREEKINSTITUTE.ORG
•
Private Operating Foundation
Private Foundation
Family Foundation
Regional Funder
funder logo

THE WILLARD G PIERCE AND JESSIE M PIERCE FOUNDATION

Hastings, MI, US
•
501(c)3
•
EIN
38-2820095
•
WWW.CEDARCREEKINSTITUTE.ORG
•
Private Operating Foundation
Private Foundation
Family Foundation
Regional Funder
Overview
Programs
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Income Statement
Balance Sheet
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Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)

$29,098,676

Investments
83%
Property, Plant, & Equipment (net)
15%
Cash & Equivalents
<1%
Other Assets
<1%
Prepaid Expenses
<1%
Inventories
<1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)

$3,334,582

Other Liabilities
98%
Payables & Accruals
2%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Tax-Exempt Bond Liabilities
N/A
Custodial & Escrow Liabilities
N/A
Assets
2023
2024
Change
Cash & Equivalents
$412,268
$235,903
-43%
Receivables (Non-Related)
$8,465
$5,346
-37%
Related-Party Receivables
-
-
-
Inventories
$8,313
$7,554
-9%
Prepaid Expenses
$33,037
$39,204
+19%
Investments
$22,810,065
$24,235,235
+6%
Property, Plant, & Equipment (net)
$4,657,739
$4,467,054
-4%
Other Assets
$109,055
$108,380
-1%
Total Assets
$28,038,942
$29,098,676
+4%
Liabilities
2023
2024
Change
Payables & Accruals
$72,235
$55,210
-24%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
N/A
N/A
N/A
Custodial & Escrow Liabilities
N/A
N/A
N/A
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$3,286,879
$3,279,372
0%
Total Liabilities
$3,359,114
$3,334,582
-1%
Net assets
2023
2024
Change
Restricted Net Assets
$505,000
$526,000
+4%
Unrestricted Net Assets
$24,174,828
$25,238,094
+4%
Net assets
2023
2024
Change
Net assets
+$24,679,828
+$25,764,094
+4%
Balance Sheet
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