Charlie Tippmann Foundation Charitable Tr

The information for the Charlie Tippmann Foundation Charitable Trust is as of the organization's most recent filing in December 2019. This organization is located in Fort Wayne, IN and has been in existence for 13 years, following its founding in 2006.

Organization Classification

The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.

The Charlie Tippmann Foundation Charitable Trust's NTEE code is T20. The "T" tells us that the organization is classified along with Philanthropy, Voluntarism & Grantmaking Foundations. The "20" tells us that the organization is a Private Grantmaking Foundation. The NTEE describes Private Grantmaking Foundations as nongovernmental, nonprofit organizations with funds and programs managed by trustees or directors established to maintain charitable activities serving the common welfare, primarily through grantmaking.

Every organization is also governed by a specific section of the Internal Revenue Code. The most common type is a 501(c)(3) organization. However, there are actually 29 different types of organizations that are identified by the Internal Revenue Code. This organization happens to be a 501(c)(3) organization. The IRS describes these organizations as those engaged in Religious, Educational, Charitable, Scientific, Literary, Public Safety, Amateur Sports, or Prevention of Cruelty to Children or Animals work.

Perhaps the most accurate way to get a sense of what the organization hopes to achieve is by looking at its mission. The mission of the Charlie Tippmann Foundation Charitable Trust is to support the purposes of various qualified charitable organizations for charitable, religious, and educational purposes.

Program Areas

The Trust is a charitable organization operated exclusively to support the purposes of various qualified charitable organizations. This past year, the Trust supported a variety of organizations, as detailed in Schedule A.

Organization Staffing

The Charlie Tippmann Foundation Charitable Tr is run by Dennis J Tippmann Jr, who is the President. The organization has no employees, however it does have 9 volunteers supporting their mission.

Board Governance

The Charlie Tippmann Foundation Charitable Trust is well-governed with a nine-member voting board with nine independent members, which helps to minimize potential conflicts of interest. All board and committee meetings are documented, and the organization has a conflict of interest policy, as well as a written whistleblower policy and document retention policy. The organization also provides copies of the 990 to the board prior to filing, which helps to ensure transparency and accountability. However, the organization does not substantiate and review leadership or officer's salaries, which may be an area of improvement. Overall, the Charlie Tippmann Foundation Charitable Trust is well-governed and is taking the necessary steps to ensure transparency and accountability.

Grant History

Our dataset has five years of grant history for the Charlie Tippmann Foundation Charitable Tr. In that period, they have awarded a total of 116 grants, with an average check size of $16,747. The majority of the grants have been awarded in the Philanthropy, Voluntarism & Grantmaking Foundations sector. Additionally, the organization most frequently awards grants in the state of Indiana (38), Maryland (4), Ohio (1), Missouri (2), Virginia (1), and South Dakota (1).

Organization Growth

The Charlie Tippmann Foundation Charitable Trust has experienced mixed growth over the past four years. Investment income and total revenue decreased, while grants paid and total expenses increased. Additionally, the number of volunteers increased over that same time period.