The Leo and Peggy Pierce Family Foundation: Form 990PF, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: The Leo and Peggy Pierce Family Foundation (EIN 59-7109847)
Tax period: 2012-01-01 to 2012-12-31
Filed: 2013-11-07
IRS object ID: 201303119349100230
Schema version: 2012v2.1
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990-PF
Schedule B
Accounting Fees Schedule
Depreciation Schedule
Investments Corp Stock Schedule
Land Etc Schedule2
Other Expenses Schedule
Other Income Schedule2
Other Increases Schedule
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-11-07T16:23:37-06:00	Timestamp
Tax Period End Date	2012-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	GRANT THORNTON LLP	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	2001 MARKET STREET SUITE 3100	AddressLine1
City	PHILADELPHIA	City
State	PA	State
ZIP Code	19103	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnType
Tax Period Begin Date	2012-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	597109847	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	The Leo and Peggy Pierce Family Foundation	BusinessNameLine1

Field	Value	IRS element (for citing)
In Care Of Name	% CONSTANCE BUCKLEY	InCareOfName
Name Control	LEOA	NameControl
Phone	6108622105	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	300 Barr Harbor Dr Suite 280	AddressLine1
Address Line2	Suite	AddressLine2
City	W Conshohocken	City
State	PA	State
ZIP Code	19428	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	CONSTANCE BUCKLEY	Name
Title	Trustee	Title
Phone	6108622105	Phone
Date Signed	2013-10-26	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	Michael S Jackson	Name
Phone	2155614200	Phone

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2016-03-07 17:11:31Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Address Change	X	AddressChange
Exempt PF	X	ExemptPF
FMV Assets EOY	16832542	FMVAssetsEOY
Method Of Accounting Cash	X	MethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Received Rev And Expnss	745825	ContriReceivedRevAndExpnss
Interest On Savings Rev And Expnss	84573	InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm	84573	InterestOnSavingsNetInvstIncm
Dividends Rev And Expnss	516406	DividendsRevAndExpnss
Dividends Net Invst Incm	516406	DividendsNetInvstIncm
Net Gain Sale Assets Rev And Expnss	145639	NetGainSaleAssetsRevAndExpnss
Gross Sales Price	7840269	GrossSalesPrice
Capital Gain Net Incm Net Invst Incm	145639	CapitalGainNetIncmNetInvstIncm
Other Income Rev And Expnss	18682	OtherIncomeRevAndExpnss
Other Income Net Invst Incm	5205	OtherIncomeNetInvstIncm
Total Revenue And Expenses	1511125	TotalRevenueAndExpenses
Total Net Investment Income	751823	TotalNetInvestmentIncome
Oth Empl Slrs Wgs Rev And Expnss	44000	OthEmplSlrsWgsRevAndExpnss
Oth Empl Slrs Wgs Net Invst Incm	8800	OthEmplSlrsWgsNetInvstIncm
Oth Empl Slrs Wgs Dsbrs Chrtbl Prps	35200	OthEmplSlrsWgsDsbrsChrtblPrps
Pension Empl Bnft Rev And Expnss	3250	PensionEmplBnftRevAndExpnss
Pension Empl Bnft Net Invst Incm	650	PensionEmplBnftNetInvstIncm
Pension Empl Bnft Dsbrs Chrtbl Prps	2600	PensionEmplBnftDsbrsChrtblPrps
Legal Fees Rev And Expnss	24558	LegalFeesRevAndExpnss
Legal Fees Net Invst Incm	4912	LegalFeesNetInvstIncm
Legal Fees Adj Net Incm	0	LegalFeesAdjNetIncm
Legal Fees Dsbrs Chrtbl Prps	19646	LegalFeesDsbrsChrtblPrps
Accounting Fees Rev And Expnss	17425	AccountingFeesRevAndExpnss
Accounting Fees Net Invst Incm	3485	AccountingFeesNetInvstIncm
Accounting Fees Adj Net Incm	0	AccountingFeesAdjNetIncm
Accounting Fees Dsbrs Chrtbl Prps	13940	AccountingFeesDsbrsChrtblPrps
Other Prof Fees Rev And Expnss	9269	OtherProfFeesRevAndExpnss
Other Prof Fees Net Invst Incm	1854	OtherProfFeesNetInvstIncm
Other Prof Fees Dsbrs Chrtbl Prps	7415	OtherProfFeesDsbrsChrtblPrps
Taxes Rev And Expnss	49983	TaxesRevAndExpnss
Taxes Net Invst Incm	12534	TaxesNetInvstIncm
Taxes Dsbrs Chrtbl Prps	4651	TaxesDsbrsChrtblPrps
Occupancy Rev And Expnss	3437	OccupancyRevAndExpnss
Occupancy Net Invst Incm	687	OccupancyNetInvstIncm
Occupancy Dsbrs Chrtbl Prps	2750	OccupancyDsbrsChrtblPrps
Trav Conf Meeting Rev And Expnss	76	TravConfMeetingRevAndExpnss
Trav Conf Meeting Dsbrs Chrtbl Prps	76	TravConfMeetingDsbrsChrtblPrps
Other Expenses Rev And Expnss	112166	OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm	110436	OtherExpensesNetInvstIncm
Other Expenses Dsbrs Chrtbl Prps	1730	OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss	264164	TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm	143358	TotOprExpensesNetInvstIncm
Tot Opr Expenses Adj Net Incm	0	TotOprExpensesAdjNetIncm
Tot Opr Expenses Dsbrs Chrtbl Prps	88008	TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss	683700	ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps	683700	ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss	947864	TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm	143358	TotalExpensesNetInvstIncm
Total Expenses Adj Net Incm	0	TotalExpensesAdjNetIncm
Total Expenses Dsbrs Chrtbl Prps	771708	TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses	563261	ExcessOfRevenueOverExpenses
Net Investment Income	608465	NetInvestmentIncome

Balance Sheets BalanceSheets

Field	Value	IRS element (for citing)
Savings And Temp Cash Invst BOY	533485	SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY	701591	SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV	701591	SavingsAndTempCashInvstEOYFMV
Investments Corp Stock BOY	14076122	InvestmentsCorpStockBOY
Investments Corp Stock EOY	14488244	InvestmentsCorpStockEOY
Investments Corp Stock EOYFMV	16130951	InvestmentsCorpStockEOYFMV
Total Assets BOY	14609607	TotalAssetsBOY
Total Assets EOY	15189835	TotalAssetsEOY
Total Assets EOYFMV	16832542	TotalAssetsEOYFMV
Total Liabilities EOY	0	TotalLiabilitiesEOY
Org That Do Not Follow SFAS117	X	OrgThatDoNotFollowSFAS117
Retained Earnings BOY	14609607	RetainedEarningsBOY
Retained Earnings EOY	15189835	RetainedEarningsEOY
Total Net Assets BOY	14609607	TotalNetAssetsBOY
Total Net Assets EOY	15189835	TotalNetAssetsEOY
Total Liabilities Net Assets BOY	14609607	TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY	15189835	TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Field	Value	IRS element (for citing)
Total Net Assets Fund Balances BOY	14609607	TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses	563261	ExcessOfRevenueOverExpenses
Other Increases	16967	OtherIncreases
Subtotal	15189835	Subtotal
Total Net Assets Fund Balances EOY	15189835	TotalNetAssetsFundBalancesEOY

Capital Gains And Losses CapitalGainsAndLosses

Capital Gains And Losses Info CapitalGainsAndLossesInfo (6 entries)

Description Of AssetDescriptionOfAsset	Gross Sales PriceGrossSalesPrice	Cost Or Other BasisCostOrOtherBasis	Gain Or LossGainOrLoss	Gains Minus Excess Or LossesGainsMinusExcessOrLosses	How AcquiredHowAcquired
RECORDS MAINTAINED BY FOUNDATION	3027095	2996996	30099	30099
SCHEDULE K-1S	1683	0	1683	1683
SCHEDULE K-1S LONG TERM	0	2590	-2590	-2590
RECORDS MAINTAINED BY FOUNDATION	4779237	4695044	84193	84193
RECORDS MAINTAINED BY FOUNDATION - ADJ TO BASIS
CAPITAL GAIN DIVIDENDS			32254		P

Field	Value	IRS element (for citing)
Capital Gain Net Income	145639	CapitalGainNetIncome

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

Field	Value	IRS element (for citing)
Liable For4942 Tax	false	LiableFor4942Tax
Qualifying Distributions Year1	705255	QualifyingDistributionsYear1
Noncharitable Assets Year1	15799978	NoncharitableAssetsYear1
Distribution Ratio Year1	0.044636	DistributionRatioYear1
Qualifying Distributions Year2	698736	QualifyingDistributionsYear2
Noncharitable Assets Year2	14683836	NoncharitableAssetsYear2
Distribution Ratio Year2	0.047585	DistributionRatioYear2
Qualifying Distributions Year3	923427	QualifyingDistributionsYear3
Noncharitable Assets Year3	13303221	NoncharitableAssetsYear3
Distribution Ratio Year3	0.069414	DistributionRatioYear3
Qualifying Distributions Year4	785682	QualifyingDistributionsYear4
Noncharitable Assets Year4	15792052	NoncharitableAssetsYear4
Distribution Ratio Year4	0.049752	DistributionRatioYear4
Qualifying Distributions Year5	807692	QualifyingDistributionsYear5
Noncharitable Assets Year5	18392581	NoncharitableAssetsYear5
Distribution Ratio Year5	0.043914	DistributionRatioYear5
Total Distribution Ratio	0.255301	TotalDistributionRatio
Average Distribution Ratio	0.05106	AverageDistributionRatio
Net Noncharitable Assets	15828102	NetNoncharitableAssets
Adjusted Noncharitable Assets	808183	AdjustedNoncharitableAssets
One Percent Net Investment Income	6085	OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One	814268	AdjNonchrtblAssetsAndOnePct
Qualifying Distributions	771708	QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Field	Value	IRS element (for citing)
Investment Income Excise Tax	12169	InvestmentIncomeExciseTax
Subtotal	12169	Subtotal
Tax Based On Investment Income	12169	TaxBasedOnInvestmentIncome
Est Tax Payments And Overpayment	18000	EstTaxPaymentsAndOverpayment
Tax Paid With Extension	6000	TaxPaidWithExtension
Total Credits And Payments	24000	TotalCreditsAndPayments
Penalty For Underpayment	54	PenaltyForUnderpayment
Overpayment	11777	Overpayment
Amount Credited To Next Year	11777	AmountCreditedToNextYear

Statements Regarding Activities StatementsRegardingActivities

Field	Value	IRS element (for citing)
Legislative Political Activities	false	LegislativePoliticalActivities
More Than100 Spent	false	MoreThan100Spent
Form1120 POL Filed	false	Form1120POLFiled
Activities Not Prev Reported	false	ActivitiesNotPrevReported
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylaws
Unrelated Bus Income Over1000	true	UnrelatedBusIncomeOver1000
Form990 T Filed	true	Form990TFiled
Termination Etc	false	TerminationEtc
Requirements Of Sect508e	true	RequirementsOfSect508e
At Least5000 In Assets	true	AtLeast5000InAssets
States Filed With	FL	StatesFiledWith
States Filed With	PA	StatesFiledWith
Form990 PF Filed With AG	true	Form990PFFiledWithAG
Private Operating Foundation	false	PrivateOperatingFoundation
New Substantial Contributors	true	NewSubstantialContributors
Interest In Controlled Entity	false	InterestInControlledEntity
Applicable Insurance Contract	false	ApplicableInsuranceContract
Comply With Public Inspection Rqr	true	ComplyWithPublicInspectionRqr
Website Address	www.piercefamilyfdn.org	WebsiteAddress

Books In Care Of Business Name BooksInCareOfBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	CONSTANCE BUCKLEY	BusinessNameLine1

Field	Value	IRS element (for citing)
Books In Care Of Phone Number	6108622105	BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

Field	Value	IRS element (for citing)
Address Line1	300 BARR HARVOR DR SUITE 280	AddressLine1
City	w CONSHOHOCKEN	City
State	PA	State
ZIP Code	19428	ZIPCode

Field	Value	IRS element (for citing)
Foreign Bank	false	ForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

Field	Value	IRS element (for citing)
Sale Or Exchange With Dsqfly Person	false	SaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly Person	false	BorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly Person	false	FurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly Person	false	PayCompensationToDsqflyPerson
Transfer Assets To Dsqfly Person	false	TransferAssetsToDsqflyPerson
Payment To Government Offical	false	PaymentToGovernmentOffical
Uncorrected Prior Acts	false	UncorrectedPriorActs
Undistributed Income Prior Years	false	UndistributedIncomePriorYears
Business Holdings	false	BusinessHoldings
Jeopardy Investments	false	JeopardyInvestments
Uncorrected Jeopardy Investments	false	UncorrectedJeopardyInvestments
Influence Legislation	false	InfluenceLegislation
Influence Election	false	InfluenceElection
Grants To Individuals	false	GrantsToIndividuals
Grants To Organizations	false	GrantsToOrganizations
Noncharitable Purpose	false	NoncharitablePurpose
Relying Curr Notice Disaster Asst2	X	RelyingCurrNoticeDisasterAsst2
Rcv Funds To Pay Prsnl Bnft Contract	false	RcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft Contract	false	PayPremiumsPrsnlBnftContract
Prohibited Tax Shelter Transactn	false	ProhibitedTaxShelterTransactn

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (3 entries)

Address Line1USAddress/AddressLine1	CityUSAddress/City	StateUSAddress/State	ZIP CodeUSAddress/ZIPCode	TitleTitle	Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition	CompensationCompensation
LEO W PIERCE SR
300 Barr Harbor Dr Suite 280	W Conshohocken	PA	19428	MANAGING TRUSTEE	0	0
MICHAEL PIERCE
300 Barr Harbor Dr Suite 280	W Conshohocken	PA	19428	TRUSTEE	0	0
CONSTANCE BUCKLEY
300 Barr Harbor Dr Suite 280	W Conshohocken	PA	19428	TRUSTEE	0	0

Field	Value	IRS element (for citing)
Summary Of Direct Charitable Acty		SummaryOfDirectCharitableActy
Sum Of Program Related Investments		SumOfProgramRelatedInvestments

Minimum Investment Return MinimumInvestmentReturn

Field	Value	IRS element (for citing)
Avg Monthly FMV Of Securities	15347516	AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances	721623	AvgMonthlyCashBalances
FMV All Other Noncharitable Assets	0	FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets	16069139	TotalFMVOfUnusedAssets
Acquisition Indebtedness	0	AcquisitionIndebtedness
Adj Total FMV Of Unused Assets	16069139	AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable	241037	CashDeemedCharitable
Net Noncharitable Assets	15828102	NetNoncharitableAssets
Minimum Investment Return	791405	MinimumInvestmentReturn

Distributable DistributableAmount

Field	Value	IRS element (for citing)
Minimum Investment Return	791405	MinimumInvestmentReturn
Tax Based On Investment Income	12169	TaxBasedOnInvestmentIncome
Total Tax	12169	TotalTax
Distributable Amount Before Adj	779236	DistributableAmountBeforeAdj
Distributable Amount Before Ded	779236	DistributableAmountBeforeDed
Distributable Amount As Adjusted	779236	DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

Field	Value	IRS element (for citing)
Expenses And Contributions	771708	ExpensesAndContributions
Program Related Investments Total	0	ProgramRelatedInvestmentsTotal
Amounts Paid Acq Charitable Assets	0	AmountsPaidAcqCharitableAssets
Amounts Set Aside Suitability Test	0	AmountsSetAsideSuitabilityTest
Amounts Set Aside Cash Distri Test	0	AmountsSetAsideCashDistriTest
Qualifying Distributions	771708	QualifyingDistributions
Adj Qualifying Distributions	771708	AdjQualifyingDistributions

Undistributed Income UndistributedIncome

Field	Value	IRS element (for citing)
Distributable Amount As Adjusted	779236	DistributableAmountAsAdjusted
Undistributed Income Prior Year	708454	UndistributedIncomePriorYear
Prior Year1	2010	PriorYear1
Prior Year2	2009	PriorYear2
Prior Year3	2008	PriorYear3
Excess Distri Carryover Year1	0	ExcessDistriCarryoverYear1
Total Excess Distri Carryover	0	TotalExcessDistriCarryover
Qualifying Distributions	771708	QualifyingDistributions
Applied To Year1	708454	AppliedToYear1
Applied To Current Year	63254	AppliedToCurrentYear
Remaining Distri From Corpus	0	RemainingDistriFromCorpus
Excess Distri Cyov App CY Corpus	0	ExcessDistriCyovAppCYCorpus
Excess Distri Cyov Applied CY	0	ExcessDistriCyovAppliedCY
Total Corpus	0	TotalCorpus
Undistributed Income CY	715982	UndistributedIncomeCY
Excess Distri Cyov To Next Year	0	ExcessDistriCyovToNextYear
Excess From Current Year	0	ExcessFromCurrentYear

Field	Value	IRS element (for citing)
Private Operating Foundations		PrivateOperatingFoundations

Supplementary Information SupplementaryInformation

Field	Value	IRS element (for citing)
Contributing Manager	LEO W PIERCE SR	ContributingManager

Appication Submission Info AppicationSubmissionInfo

Field	Value	IRS element (for citing)
Recipient Name	Connie Buckley	RecipientName

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	300 Barr Harbor Dr Ste 280	AddressLine1
City	W Conshohocken	City
State	PA	State
ZIP Code	19428	ZIPCode

Field	Value	IRS element (for citing)
Recipient Phone Number	6108622105	RecipientPhoneNumber
Form And Info And Materials	PLEASE SEE ATTACHED STATEMENT	FormAndInfoAndMaterials
Submission Deadlines	PLEASE SEE ATTACHED STATEMENT	SubmissionDeadlines
Restrictions On Awards	PLEASE SEE ATTACHED STATEMENT	RestrictionsOnAwards

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (52 entries)

Address Line1RecipientUSAddress/AddressLine1	CityRecipientUSAddress/City	StateRecipientUSAddress/State	ZIP CodeRecipientUSAddress/ZIPCode	Recipient RelationshipRecipientRelationship	Recipient Foundation StatusRecipientFoundationStatus	Purpose Of Grant Or ContributionPurposeOfGrantOrContribution	AmountAmount	Address Line2RecipientUSAddress/AddressLine2
Homeless Family Center
715 4th Place	Vero Beach	FL	32962	NONE	PUBLIC CHARITY	GENERAL	$50,000
Faith Friendship Villa
128 West Main Street	Mountville	PA	17554	NONE	PUBLIC CHARITY	GENERAL	$25,000
InterFaith Hospitality Network
1449 Dekalb Street	Norristown	PA	19401	NONE	PUBLIC CHARITY	GENERAL	$5,000
Mercy Neighborhood Ministries
1939 W Venango Street	Philadelphia	PA	19140	NONE	PUBLIC CHARITY	GENERAL	$50,000
St John's University
8000 Utopia Parkway	Queens	NY	11439	NONE	PUBLIC CHARITY	GENERAL	$5,000
Cabrini College
610 King of Prussia Road	Radnor	PA	190873698	NONE	PUBLIC CHARITY	GENERAL	$10,000
Make a Wish Foundation
1054 New Holland Ave	Lancaster	PA	17601	NONE	PUBLIC CHARITY	GENERAL	$6,000
SENIOR RESOURCE CENTER
988 Woodcock Road 200	Orlando	FL	32803	NONE	PUBLIC CHARITY	GENERAL	$25,000
Mother's Home
51 N MacDade Blvd	Darby	PA	19023	NONE	PUBLIC CHARITY	GENERAL	$10,000
American Red Cross
2221 Chestnut Street	Philadelphia	PA	19103	NONE	PUBLIC CHARITY	GENERAL	$10,000
Florida University Foundation
PO BOX 14425	Gainesville	FL	32604	NONE	PUBLIC CHARITY	GENERAL	$100,000
St John's Prep School
1733 West Girard Ave	Philadelphia	PA	19130	NONE	PUBLIC CHARITY	GENERAL	$5,000
The Salvation Army
701 North Broad Street	Philadelphia	PA	19123	NONE	PUBLIC CHARITY	GENERAL	$25,000
Augustinian Defenders of the Rights of the Poor
259 North Lawrence Street	Philadelphia	PA	19106	NONE	PUBLIC CHARITY	GENERAL	$2,500
Baker Industries
184 Pennsylvania Ave	Malvern	PA	19355	NONE	PUBLIC CHARITY	GENERAL	$10,500
Breakthrough of Greater Philadelphia
34 West Coulter Street	Philadelphia	PA	19144	NONE	PUBLIC CHARITY	GENERAL	$10,000
Big Picture Philadelphia
126 W Dauphin Street	Philadelphia	PA	19133	NONE	PUBLIC CHARITY	GENERAL	$5,000
Breakthrough of Greater Philadelphia
34 West Coulter Street	Philadelphia	PA	19144	NONE	PUBLIC CHARITY	GENERAL	$10,000
Calcutta House
1601 W girard Avenue	Philadelphia	PA	19130	NONE	PUBLIC CHARITY	GENERAL	$10,000
Carson Valley
7500 Germantown Avenue	Philadelphia	PA	19119	NONE	PUBLIC CHARITY	GENERAL	$10,000
Center for Hunger
1505 Race Street 11th Floor	Philadelphia	PA	19102	NONE	PUBLIC CHARITY	GENERAL	$75,000
Chester County Food Bank
1208 Horseshoe Pike	Downingtonw	PA	19335	NONE	PUBLIC CHARITY	GENERAL	$7,500
Chestnut Hill Meals on Wheels
8765 Stenton Avenue	Wyndmoor	PA	19038	NONE	PUBLIC CHARITY	GENERAL	$5,000
Childspace Cooperative Development Inc
5517 Greene Street	Philadelphia	PA	19144	NONE	PUBLIC CHARITY	GENERAL	$2,500
Common Market
2901 West Hunting Park Ave	Philadelphia	PA	19129	NONE	PUBLIC CHARITY	GENERAL	$10,000
Community Outreach Partnership
2212 Spruce Street	Philadelphia	PA	19103	NONE	PUBLIC CHARITY	GENERAL	$7,500
Cradle of Hope
1657 The Fairway 140	Jenkintown	PA	19046	NONE	PUBLIC CHARITY	GENERAL	$5,000
Cradles to Crayons
30 Clipper Road	West Conshocken	PA	19428	NONE	PUBLIC CHARITY	GENERAL	$5,500
DePaul USA
5725 Spargue Street	Philadelphia	PA	19138	NONE	PUBLIC CHARITY	GENERAL	$5,000
DePaul USA
5725 Sprague Street	Philadelphia	PA	19138	NONE	PUBLIC CHARITY	GENERAL	$10,000
DrexelCentering Pregnancy & Parenting Programs
3141 Chestnut Street	Philadelphia	PA	19104	NONE	PUBLIC CHARITY	GENERAL	$25,000
Endow A Home
PO Box 4199	Philadelphia	PA	19144	NONE	PUBLIC CHARITY	GENERAL	$3,000
Gearing Up
1221 Locust Street Suite 105	Philadelphia	PA	19146	NONE	PUBLIC CHARITY	GENERAL	$10,000
Hope Partnership for Education
1701 North 8th Street	Philadelphia	PA	19122	NONE	PUBLIC CHARITY	GENERAL	$7,500
Hope Springs Equestrian Therapy Inc
PO Box 156	Chester Springs	PA	19425	NONE	PUBLIC CHARITY	GENERAL	$2,000
IHN of Northwest Philadelphia
7047 Germantown Avenue	Philadelphia	PA	19119	NONE	PUBLIC CHARITY	GENERAL	$5,000
Intergency Council of Norristown Inc
1430 DelKalb Street	Norristown	PA	19404	NONE	PUBLIC CHARITY	GENERAL	$5,000
KidsSmiles
5828 Market Street	Philadelphia	PA	19139	NONE	PUBLIC CHARITY	GENERAL	$5,000	Entrance B
Liberty Lutheran
5201 Old York Road	Philadelphia	PA	19141	NONE	PUBLIC CHARITY	GENERAL	$5,000
Little Brothers Friends of the Elderly
642 North Broad Street	Philadelphia	PA	19130	NONE	PUBLIC CHARITY	GENERAL	$10,000
Mission Kids
160 West Germantown Pike	Norristown	PA	19401	NONE	PUBLIC CHARITY	GENERAL	$15,000
National Adoption Center
1500 Walnut Street 701	Philadelphia	PA	19102	NONE	PUBLIC CHARITY	GENERAL	$5,000
Norristown Ministries Inc
530 Church Street 1st Floor	Norristown	PA	19401	NONE	PUBLIC CHARITY	GENERAL	$7,500
Our Mother of Sorrows Outreach Program
303 Chesterfield Avenue	Centreville	MD	21617	NONE	PUBLIC CHARITY	GENERAL	$5,000
Philadelphia Children's Alliance
42 South 15th Street Suite 300	Philadelphia	PA	19102	NONE	PUBLIC CHARITY	GENERAL	$15,000
Philadelphia VIP
1500 Walnut Street	Philadelphia	PA	19102	NONE	PUBLIC CHARITY	GENERAL	$5,000	Suite 400
Sacred Heart Church
Third Reed Street	Philadelphia	PA	19147	NONE	PUBLIC CHARITY	GENERAL	$10,000
Smith the Kids Place in the Park
East Fairmount Park	Philadelphia	PA	19121	NONE	PUBLIC CHARITY	GENERAL	$2,500
St Patrick's Learning Center
317 West Pike Street	Canonsburg	PA	15317	NONE	PUBLIC CHARITY	GENERAL	$4,200
Supportive Older Women's Network (SOWN)
4100 Main Street 200	Philadelphia	PA	19127	NONE	PUBLIC CHARITY	GENERAL	$5,000
The Clinic
143 Church Street	Phoenixville	PA	19460	NONE	PUBLIC CHARITY	GENERAL	$10,000
The Learning Alliance
1398 Wilmington Pike	West Chester	PA	19382	NONE	PUBLIC CHARITY	GENREAL	$5,000

Field	Value	IRS element (for citing)
Tot Grant Or Contri Paid During Year	683700	TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

Field	Value	IRS element (for citing)
Fees Contracts From Govt Agencies		FeesContractsFromGovtAgencies
Membership Dues And Assessments		MembershipDuesAndAssessments
Int On Savings And Temp Cash Invst		IntOnSavingsAndTempCashInvst

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

Field	Value	IRS element (for citing)
Exclusion Code	14	ExclusionCode
Exclusion	$600,979	ExclusionAmount

Field	Value	IRS element (for citing)
Net Rental Incm Re Debt Fincd Prop		NetRentalIncmReDebtFincdProp
Net Rntl Incm Re Not Debt Fincd Prop		NetRntlIncmReNotDebtFincdProp
Net Rental Incm Personal Property		NetRentalIncmPersonalProperty
Other Investment Income Part VII		OtherInvestmentIncomePartVII

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

Field	Value	IRS element (for citing)
Exclusion Code	18	ExclusionCode
Exclusion	$145,639	ExclusionAmount

Field	Value	IRS element (for citing)
Net Income Loss From Special Events		NetIncomeLossFromSpecialEvents
Gross Profit Loss Sales Of Invntry		GrossProfitLossSalesOfInvntry

Other Revenue Described OtherRevenueDescribed

Field	Value	IRS element (for citing)
Description	OTHER INCOME	Description
Exclusion Code	18	ExclusionCode
Exclusion	$18,682	ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

Field	Value	IRS element (for citing)
Exclusion	$765,300	ExclusionAmount

Field	Value	IRS element (for citing)
Total Part XVIA	765300	TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Noncharitable EO	false	TrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EO	false	TrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssets
Purchase Assets Noncharitable EO	false	PurchaseAssetsNoncharitableEO
Rental Of Facilities Etc	false	RentalOfFacilitiesEtc
Reimbursement Arrangements	false	ReimbursementArrangements
Loans Or Loan Guarantees	false	LoansOrLoanGuarantees
Performance Of Services Etc	false	PerformanceOfServicesEtc
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtc
Relationships Noncharitable E Os	false	RelationshipsNoncharitableEOs

Schedule B IRS990ScheduleB

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	X	Organization501c3ExemptPF
General Rule	X	GeneralRule

Contributor Info ContributorInfo (9 entries)

Contributor NumberContributorNumber	Contributor Name IndividualContributorNameIndividual	Address Line1ContributorAddressUS/AddressLine1	CityContributorAddressUS/City	StateContributorAddressUS/State	ZIP CodeContributorAddressUS/ZIPCode	Aggregate ContributionsAggregateContributions	Person Contribution TypePersonContributionType	Noncash Contribution TypeNoncashContributionType
1	Mary Pierce	19 Scarlet Oak Dr	Haverford	PA	19041	159600	X	X
2	Barbara Quinn	711 Sturbridge Drive	Bryn Mawr	PA	19010	81499	X
3	Connie Buckley	705 Ashurst Road	Havertown	PA	19083	81499	X
4	Leo Pierce Jr	311 Edgehill Road	Wayne	PA	19087	76499	X
5	Kathryn Cox	731 E Manoa Road	Havertown	PA	19083	81499	X
6	Mary Pierce	19 Scarlet Oak Dr	Haverford	PA	19041	76499	X
7	Michael Pierce	650 Ocean Road	Vero Beach	FL	32963	81499	X
8	Peter Pierce	269 Hilldale Road	Villanova	PA	19085	81499	X
9	Leo Pierce Jr	311 Edgehill Road	Wayne	PA	19010	25682	X	X

Noncash Property NoncashProperty (2 entries)

Contributor Number From Part IContributorNumberFromPartI	Noncash Property DescriptionNoncashPropertyDescription	Fair Market ValueFairMarketValue	Date ReceivedDateReceived
1	5,000 Shares - Iron Mountain Stock	159600	2012-04-01
9	1,107 Shs Thornburg International	25682	2012-04-01

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

Field	Value	IRS element (for citing)
Category	GRANT THORNTON, LLP	Category
Amount	$17,425	Amount
Net Investment Income	3485	NetInvestmentIncome
Disbursements Charitable Prps	13940	DisbursementsCharitablePrps

Depreciation Schedule DepreciationSchedule

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock (12 entries)

Name Of StockNameOfStock	EOY Book ValueEOYBookValue	EOYFMVEOYFMV
MERRILL LYNCH #53M-04011	327439	344750
MERRILL LYNCH #53M-04100	524781	529399
MERRILL LYNCH #53M-04104	409803	581933
MERRILL LYNCH #53M-04144	810964	844737
MERRILL LYNCH #53M-04155	928108	1018117
MSDW 13185030	4922298	5200336
MERRILL LYNCH #53M-04203	524275	596345
MERRILL LYNCH #04230	622040	719445
MERRILL LYNCH #04234	480926	491506
MERRILL LYNCH #04235	561335	636173
MSDW 38277030	4108676	4902169
MERRILL LYNCH #02156	267599	266041

Land Etc Schedule2 LandEtcSchedule2

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (8 entries)

DescriptionDescription	Revenue And Expenses Per BooksRevenueAndExpensesPerBooks	Net Investment IncomeNetInvestmentIncome	Disbursements Charitable PrpsDisbursementsCharitablePrps
INVESTMENT MANAGEMENT FEES	106924	106924
OTHER EXPENSES	257	257
POSTAGE	110	110
OFFICE SUPPLIES	649	649
DUES/SUBSCRIPTIONS	1720	1290	430
INSURANCE	396	396
PAYROLL FEES	1625	325	1300
MISC MEETING EXP	485	485

Other Income Schedule2 OtherIncomeSchedule2

Other Income OtherIncome (5 entries)

DescriptionDescription	Revenue And Expenses Per BooksRevenueAndExpensesPerBooks	Net Investment IncomeNetInvestmentIncome
K-1 INVESTMENT INCOME	-2056	-2056
OTHER INCOME MSDW 85030	2149	2149
MSDW 85030 Option Premium	410	410
Non-Div Distributions	13477
MSDW Ordinary gain	4702	4702

Other Increases Schedule OtherIncreasesSchedule

Other Increases OtherIncreases

Field	Value	IRS element (for citing)
Description	OTHER INCREASE	Description
Amount	$16,967	Amount

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees OtherProfessionalFees

Field	Value	IRS element (for citing)
Category	PROFESSIONAL SERVICES	Category
Amount	$9,269	Amount
Net Investment Income	1854	NetInvestmentIncome
Disbursements Charitable Prps	7415	DisbursementsCharitablePrps

Taxes Schedule TaxesSchedule

Taxes Taxes (3 entries)

CategoryCategory	AmountAmount	Net Investment IncomeNetInvestmentIncome	Disbursements Charitable PrpsDisbursementsCharitablePrps
OTHER TAXES PAID	$32,798
PAYROLL TAXES PAID	$5,814	1163	4651
FOREIGN TAXES PAID	$11,371	11371

The Leo and Peggy Pierce Family Foundation: Form 990PF, tax year 2012

Return header ReturnHeader

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Preparer Firm US Address PreparerFirmUSAddress

Filer Filer

Name Name

US Address USAddress

Officer Officer

Preparer Preparer

Form 990-PF IRS990PF

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Balance Sheets BalanceSheets

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Capital Gains And Losses CapitalGainsAndLosses

Capital Gains And Losses Info CapitalGainsAndLossesInfo (6 entries)

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Statements Regarding Activities StatementsRegardingActivities

Books In Care Of Business Name BooksInCareOfBusinessName

Books In Care Of US Address BooksInCareOfUSAddress

Statements Regarding Acty4720 StatementsRegardingActy4720

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (3 entries)

Minimum Investment Return MinimumInvestmentReturn

Distributable DistributableAmount

Qualifying Distributions QualifyingDistributions

Undistributed Income UndistributedIncome

Supplementary Information SupplementaryInformation

Appication Submission Info AppicationSubmissionInfo

Recipient US Address RecipientUSAddress

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (52 entries)

Analysis Income Producing Acty AnalysisIncomeProducingActy

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

Other Revenue Described OtherRevenueDescribed

Subtotals Part XVIA SubtotalsPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo (9 entries)

Noncash Property NoncashProperty (2 entries)

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

Depreciation Schedule DepreciationSchedule

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock (12 entries)

Land Etc Schedule2 LandEtcSchedule2

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (8 entries)

Other Income Schedule2 OtherIncomeSchedule2

Other Income OtherIncome (5 entries)

Other Increases Schedule OtherIncreasesSchedule

Other Increases OtherIncreases

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees OtherProfessionalFees

Taxes Schedule TaxesSchedule

Taxes Taxes (3 entries)

Comments