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The Pi Foundation Inc

The Pi Fund

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 352191048 ✦ Salt lake city, UT ✦ Designated as a 501(c)(3)

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Overview

What is The Pi Foundation Inc?

The Pi Foundation Inc, also known as The Pi Fund, is a nonprofit organization based in Salt Lake City, Utah. With a mission to encourage and foster charitable giving, the Foundation provides education and resources to support various local and national charities. They achieve this goal by offering donor-advised funds, allowing individuals to make charitable donations and recommend grants to their preferred organizations. The Pi Foundation financially supports a diverse range of causes, contributing to a positive impact within their community and beyond.


Official website here: www.thepifund.org

What are the reviews and ratings of this charity?

Charity Navigator Rating 77% - Three-Star out of Four Stars .ating.

The Pi Foundation Inc has earned a Three-Star rating from Charity Navigator, indicating a satisfactory level of accountability and finance management. The organization scored particularly well in areas such as having a fully independent board and maintaining a strong program expense ratio, reflecting its commitment to its mission and effective use of resources.

However, there are notable weaknesses. The foundation lacks financial statements, which significantly impacts its overall score. Additionally, the absence of a whistleblower policy raises concerns about transparency and governance practices. Despite these limitations, the organization demonstrates strong financial health, with no liabilities and an impressive working capital ratio, suggesting it is well-positioned to sustain its operations.


This AI summary has been generated from information found on Charity Navigator.

Is The Pi Foundation Inc legitimate?

The Pi Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Pi Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.thepifund.org

What is the mission statement of The Pi Foundation Inc?

The Pi Foundation Inc is dedicated to supporting and encouraging charitable giving. Through education and resources, as well as donor advised funds, the foundation aims to foster philanthropy. The foundation financially backs a diverse array of local and national organizations by providing grants to 501(c)(3) charities.


Official website here: www.thepifund.org

Who is the CEO of The Pi Foundation Inc?

Gregory C Zaugg is the President of The Pi Foundation Inc.


Official website here: www.thepifund.org

What is the revenue of The Pi Foundation Inc?

The Pi Foundation Inc's revenue in 2022 was $14,907,643.


Official website here: www.thepifund.org

Who are the executives of The Pi Foundation Inc and what are their salaries?


Here are 4 key members and their salaries:


L S Mccullough Ii (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
L Stanford Mccullough Iv (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregory C Zaugg (Vp/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teresa M Robison (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.thepifund.org

Where can I find the form 990 for The Pi Foundation Inc?

The Pi Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.thepifund.org

Learn more at the official website: www.thepifund.org

Mission Statement of The Pi Foundation Inc

The Pi Foundation, a leading philanthropic organization, is dedicated to promoting charitable giving by providing education, resources, and donor-advised funds. In pursuit of its mission, The Pi Foundation financially supports a diverse array of local and national charities.

By offering education and resources, The Pi Foundation inspires individuals to make a difference in their communities and beyond. Through its donor-advised funds, it enables donors to recommend the distribution of grants to their preferred charitable organizations, thus amplifying the impact of their philanthropic efforts. In essence, The Pi Foundation serves as a catalyst, bridging the gap between donors and the causes they care about.

The Pi Foundation's commitment to charitable giving extends far and wide. By supporting a multitude of charities, it addresses a broad spectrum of social, educational, and environmental needs. Through its philanthropic endeavors, The Pi Foundation strives to make a positive impact on the lives of countless individuals and communities.

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Impact




October, 2024

The Pi Foundation Inc significantly impacts the charitable landscape by actively promoting and facilitating philanthropic contributions. Through its dedicated efforts in education, resources, and donor-advised funds, the foundation empowers individuals and organizations to enhance their giving capabilities. By financially supporting a diverse array of local and national organizations, The Pi Foundation plays a critical role in fostering access to resources that amplify charitable initiatives. Its commitment to nurturing a culture of giving contributes to strengthening communities and addressing various social needs, ultimately making a positive difference in many lives.




This information is meant to be a general summary of The Pi Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$14,907,643 (2022)
Expenses
$20,020,419 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,197,318
  • Program Service Revenue: $241,719
  • Gross Receipts: $19,527,155

Assets and Liabilities:

  • Total Assets: $33,515,519
  • Total Liabilities: $0
  • Net Assets: $33,515,519

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

FEE INCOME

Revenue

$241,719

Organization Details

Founding Year

2002

Principal Officer

Gregory C Zaugg

Main Address

405 SOUTH MAIN SUITE 800, SALT LAKE CITY, UT, 84111

NTEE Category

Code: T30 - Philanthropy

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