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Pierpont Foundation Inc

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

EIN: 465101425 ✦ Fairmont, WV ✦ Designated as a 501(c)(3)

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Overview

What is Pierpont Foundation Inc?

Pierpont Foundation Inc, based in Fairmont, West Virginia, serves as a charitable organization primarily focused on supporting Pierpont Community & Technical College. The foundation's purpose is to solicit, manage, and administer donations, aiming to provide financial aid to both students and faculty at the college. The organization's mission is to offer scholarships and various forms of financial assistance, ultimately contributing to the educational endeavors of the college community.


Official website here: www.pierpont.edu/giving

Is Pierpont Foundation Inc legitimate?

Pierpont Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pierpont 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.pierpont.edu/giving

What is the mission statement of Pierpont Foundation Inc?

The Pierpont Foundation Inc's primary role is to provide financial assistance in the form of scholarships and other forms of support to students and faculty at Pierpont Community & Technical College. This organization is committed to managing and administering donations on behalf of the college. Its mission is to contribute to the educational pursuits of the college's community by providing financial aid, thereby enabling students and faculty to thrive academically.


Official website here: www.pierpont.edu/giving

Who is the CEO of Pierpont Foundation Inc?

Rusty Elliott is the Chairman of Pierpont Foundation Inc.


Official website here: www.pierpont.edu/giving

What is the revenue of Pierpont Foundation Inc?

Pierpont Foundation Inc's revenue in 2022 was $142,794.


Official website here: www.pierpont.edu/giving

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


Here are 10 key members and their salaries:


John Funkhouser (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Barber Iii (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Lang (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Justin Lindsey (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Maifregeot (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Martin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lance Murray (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Natalie Tennant (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rusty Elliott (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Hypes (Foundation D)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.pierpont.edu/giving

Where can I find the form 990 for Pierpont Foundation Inc?

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


Official website here: www.pierpont.edu/giving

Learn more at the official website: www.pierpont.edu/giving

Mission Statement of Pierpont Foundation Inc

Pierpont Foundation Inc's mission is centered around providing financial assistance to students and faculty of Pierpont Community & Technical College. In essence, the organization serves as a philanthropic entity, soliciting, receiving, managing, and administering funds on behalf of the college. This aid takes the form of scholarships and other monetary support, making higher education more accessible to a wider range of individuals. By doing so, Pierpont Foundation Inc plays a crucial role in empowering the students and faculty of Pierpont Community & Technical College, enabling them to pursue their academic goals and make significant contributions to their respective fields.

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Impact




October, 2024

Pierpont Foundation Inc significantly enhances the educational landscape by providing vital scholarships and financial support to students and faculty at Pierpont Community & Technical College. Based in Fairmont, WV, the organization actively solicits, receives, manages, and administers gifts specifically aimed at fostering academic success and enrichment within the college community. Through these efforts, it plays a crucial role in empowering individuals to pursue their educational goals, thereby contributing to the overall growth and development of both students and the institution.




This information is meant to be a general summary of Pierpont 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
$142,794 (2022)
Expenses
$126,624 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$17,523
  • Program Service Revenue: $5,155
  • Gross Receipts: $1,365,178

Assets and Liabilities:

  • Total Assets: $715,451
  • Total Liabilities: $0
  • Net Assets: $715,451

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Programs

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

ADMINISTRATIVE FEES

Revenue

$4,737

OTHER INCOME

Revenue

$418

Organization Details

Founding Year

2013

Principal Officer

Rusty Elliott

Main Address

500 GALLIHER DRIVE, FAIRMONT, WV, 26554

NTEE Category

Code: B12 - Education

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