Scripps-Howard Foundation
- Assets
- $59.9m
- Revenue
- $11.9m
- Investments
- $57.8m
- Employees
- 0
- Location
- Cincinnati, OH
- Founding
- 08/2018
- Data as of
- 12/2023
- EIN
- 31-6025114
Organization Overview
Scripps-Howard Foundation is located in Cincinnati, OH. The organization was established in 2018. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Scripps-Howard 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 12/2023, Scripps-Howard Foundation generated $11.9m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 10.9% each year . All expenses for the organization totaled $9.5m during the year ending 12/2023. While expenses have increased by 4.1% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2022, Scripps-Howard Foundation has awarded 1,704 individual grants totaling $12,944,484. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Lead Trustee | 1 | $0 | |
Name Not Listed Secretary And Trustee | 1 | $0 | |
Name Not Listed President And CEO | 37.5 | $267,602 | |
Name Not Listed Treasurer And Trustee | 1 | $0 | |
Name Not Listed Trustee | 1 | $0 | |
Name Not Listed Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ignite Philanthropy | 12/30/19 | $52,240 |
Vida Capital | 12/30/19 | $76,881 |
Highland Consulting Associates Inc | 12/30/19 | $53,457 |
Acadian Asset Management | 12/30/19 | $59,214 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $7,816,865 |
| Interest on Savings | $813,955 |
| Dividends & Interest | $2,050,949 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,160,221 |
| Capital Gain Net Income | $1,715,395 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $56,550 |
| Total Revenue | $11,898,540 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $283,272 |
| Other employee salaries and wages | $844,688 |
| Pension plans, employee benefits | $208,912 |
| Interest | $0 |
| Taxes | $89,500 |
| Depreciation | $0 |
| Occupancy | $10,575 |
| Travel, conferences, and meetings | $103,839 |
| Printing and publications | $9,398 |
| Other expenses | $1,083,218 |
| Total operating and administrative expenses | $3,073,194 |
| Contributions, gifts, grants paid | $6,466,180 |
| Total expenses and disbursements | $9,539,374 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $648,358 |
| Savings and temporary cash investments | $1,482,362 |
| 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 | $28,786,167 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $59,946,932 |
| 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 |
Grants Awarded
Over the last fiscal year, Scripps-Howard Foundation has awarded $6,466,180 in support to 863 organizations.
| Grant Recipient | Amount |
|---|---|
4C FOR CHILDREN PURPOSE: MATCHING GIFT | $500 |
5 STRONG SCHOLARSHIP FOUNDATION PURPOSE: VOLUNTEER GIFT | $1,250 |
A MOTHERS ARMS PURPOSE: COMMUNITY MARKET GRANT | $1,000 |
ABANDONED CHILDREN'S FUND PURPOSE: MATCHING GIFT | $25 |
ABBYS LEGACY FOUNDATION PURPOSE: VOLUNTEER GIFT | $1,000 |
ABRAHAM LUSTGARTEN PURPOSE: SCRIPPS HOWARD AWARDS PRIZE | $10,000 |