Client Spotlight: Think Happy Thoughts Foundation, Inc.

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Name of Organization: Think Happy Thoughts Foundation, Inc.

Organization’s Location: Byrdstown, Tennessee, USA

Name of Executive Director/CEO/President: Jeff Piersall

Incorporation Date: May 20, 2020

IRS 501(c)(3) Determination Date: October 8, 2020

Nonprofit’s Purpose: Think Happy Thoughts Foundation supports charities and other good causes that support children and people’s freedoms through Christ.

We were referred to you by my CPA. My CPA knew this was a very niche type of accounting, and he very wisely referred us to you. We use Foundation Group for everything from soup to nuts.

It was a way for my wife and me to give back to our community and local programs as a way to tithe. Giving to youth is a big part of our hearts, like with with organizations like Saint Jude.

Covid created a massive need, but it was not the stimulus to getting started. We had actually been thinking about it for about five years to get to the point to have enough excess resources to fund the foundation. We have no plans for fundraising currently because it will be purely funded by me and my family.

The goal is for my wife to run it one day. She will become the primary lead further down the road after she finishes going through the adjustment period after retiring. The whole family is all in alignment philosophically, so it made sense for us all to be on the board together. My daughter actually worked with the Tim Tebow Foundation when they were focusing on special needs and autism one summer, and we were able to donate on her behalf. Giving back to youth and investing our resources where we’re available to is something that resonates deeply with our family.

We plan to tithe what we receive through my mergers and acquisitions from my business and use that to help smaller organizations continue their programs. We’re primarily focused on giving to organizations that focus on youth and Christian values. However, we also give where we see a need. Byrdstown is a fairly rural community, so when a woman’s house burned down, we felt the need to give. We’ve also give to larger organizations like The BarStool Fund that can reach a larger number of small businesses that were particularly hurt by Covid. I really admire what they are able to do on a large scale where 100% of the net proceeds to to the businesses with no strings attached. We operate similarly with 100% of the money going to the organizations we support since none of us take salaries. Money in, money out.

For me, nothing was overly difficult, other than some technology challenges, which is just because I’m not the best with technology. I much more prefer just talking to someone, and that’s not how it always works. But, working with Foundation Group made the process simple and straight forward.

The timing is perfect right now. For every business I close, I take a percentage of that and make a donation to my client’s charity of choice through the Foundation. For example, we’ve given to different youth organizations, athletic teams, churches, and youth groups. This is my way of saying a nice thank you to my clients as well as giving back to other nonprofits. We’re not interested in getting any attention or recognition or people knowing what we do. We would do it all anonymously if we could to keep things as simple as possible. We’ve been blessed and just want to bless others – that’s the core of who we are as a country and as a family.