Dr. & Mrs. Paul Pierce Memorial Foundation

OVERVIEW: The Dr. & Mrs. Paul Pierce Memorial Foundation supports education, health, and human services organizations in Grayson County, Texas.

FUNDING AREAS: Education, health, and human services

IP TAKE: Nonprofit organizations in the Texas city of Sherman have been seeing a lot of this funder’s support lately.

PROFILE: Established in 1963, the Dr. & Mrs. Paul Pierce Memorial Foundation is a private grantmaking foundation in Texas. It aims to “support and promote quality education, human services and health care programming for underserved populations.” Managed by Bank of America’s Texas office, the foundation funds education, health, and human services efforts in Texas.

The Dr. & Mrs. Paul Pierce Memorial Foundation supports a broad range of cause in a small geographic region. It awards grants for unrestricted general operating support and program support. This funder has limited grant dollars available and only accepts grant applications from organizations that have operating budgets less than $20 million.

Grants range between about $5,000 and $15,000. Learn more about this funder’s local giving by examining its recent tax records. Grantmaking focuses on the state of Texas, and the foundation gives special preference to groups that serve the residents of Grayson County, Texas. Grants are for one-year periods only. Past local grantees include the House of Eli and the Grayson County Women Crisis Line.

This foundation accepts unsolicited grant applications from nonprofits. The annual application deadlines are January 1 and August 1, and applicants can expect to hear back with a funding decision within about two to three months after this date. Grantseekers must use the Bank of America online system to apply for a grant. Direct general questions to the staff at tx.philanthropic@ustrust.com or 800-357-7094.

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