Richard H Sutphin Family Foundation is located in Cincinnati, OH. The organization was established in 2006. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Richard H Sutphin Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 05/2023, Richard H Sutphin Family Foundation generated $39.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (16.4%) each year. All expenses for the organization totaled $4.4m during the year ending 05/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Richard H Sutphin Family Foundation has awarded 154 individual grants totaling $1,087,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Caroline F Sutphin President/trustee | 10 | $0 | |
Wendy S Ritch Trustee | 10 | $0 | |
Melissa S Marx Trustee | 10 | $0 | |
Richard H Sutphin Jr Trustee | 10 | $0 | |
Ann M Seller Assistant Secretary | 0.5 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $8,261 |
| Interest on Savings | $0 |
| Dividends & Interest | $21,939 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $8,892 |
| Capital Gain Net Income | $8,892 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $39,092 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,529 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $250 |
| Total operating and administrative expenses | $21,017 |
| Contributions, gifts, grants paid | $4,386,860 |
| Total expenses and disbursements | $4,407,877 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Over the last fiscal year, Richard H Sutphin Family Foundation has awarded $131,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
BEECHWOOD HOME PURPOSE: SERVICES FOR THOSE WITH INCURABLE, NEUROLOGICAL, CHRONIC, AND DISABLING CONDITIONS. | $5,000 |
MARIO ST GEORGE BOIARDI FOUNDATION PURPOSE: TO PROVIDE FINANCIAL ASSISTANCE TO ELEMENTARY AND HIGH SCHOOL STUDENTS WHO SEEK ENRICHING EXTRACURRICULAR ACTIVITIES | $8,000 |
CINCINNATI PARKS FOUNDATION PURPOSE: TO PRESERVE AND REVITALIZE NEIGHBORHOOD PARKS IN CINCINNATI, OH | $8,000 |
CURE ALZHEIMERS FUND PURPOSE: TO FUND RESEARCH WITH THE HIGHEST PROBABILITY OF SLOWING, STOPPING OR REVERSING ALZHEIMER'S DISEASE. | $10,000 |
MASSACHUSETTS GENERAL HOSPITAL PURPOSE: BEHAVIORAL HEALTH RESEARCH, MUSIC THERAPY, AND CANCER RESEARCH | $100,000 |