Scripps-Howard Foundation
- Assets
- $57.4m
- Revenue
- $12.0m
- Investments
- $53.5m
- Employees
- 0
- Location
- Cincinnati, OH
- Founding
- 08/2018
- Data as of
- 12/2021
- 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 12/2021, Scripps-Howard Foundation generated $12.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.4% each year . All expenses for the organization totaled $8.5m during the year ending 12/2021. While expenses have increased by 3.6% per year over the past 7 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Liz Carter President & CEO | 37.5 | $286,766 | |
Meredith Delaney Director | 37.5 | $112,116 | |
Linda Morgan Director | 37.5 | $98,522 | |
Casey Ruschman Manager | 37.5 | $94,789 | |
Carrie High Director | 37.5 | $90,519 | |
Battinto Batts Director (thru 6/21) | 37.5 | $55,363 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Acadian Asset Management | 12/30/19 | $59,214 |
Ignite Philanthropy | 12/30/19 | $52,240 |
Highland Consulting Associates Inc | 12/30/19 | $53,457 |
Vida Capital | 12/30/19 | $76,881 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $6,816,271 |
| Interest on Savings | $190,521 |
| Dividends & Interest | $1,422,983 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,539,347 |
| Capital Gain Net Income | $3,269,219 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $59,972 |
| Total Revenue | $12,029,094 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $286,766 |
| Other employee salaries and wages | $461,076 |
| Pension plans, employee benefits | $160,285 |
| Interest | $0 |
| Taxes | $40,175 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $17,352 |
| Printing and publications | $14,486 |
| Other expenses | $1,127,031 |
| Total operating and administrative expenses | $2,548,341 |
| Contributions, gifts, grants paid | $5,968,464 |
| Total expenses and disbursements | $8,516,805 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,131,771 |
| Savings and temporary cash investments | $2,815,168 |
| 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 | $26,947,661 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $2,881 |
| Total assets | $57,417,924 |
| Accounts payable and accrued expenses | $942,552 |
| 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 | $942,552 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Scripps-Howard Foundation has recieved totaling $65,000.
| Awarding Organization | Amount |
|---|---|
Kroger Co Zero Hunger Zero Waste Foundation Cincinnati, OH PURPOSE: ORGANIZATION'S CHARITABLE PURPOSE | $50,000 |
The Phffoundation Inc Old Greenwich, CT PURPOSE: GENERAL PURPOSE | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lenfest Foundation Inc Philadelphia, PA | $0 | $560,962 |
Carol Ann And Ralph V Haile Jr Foundation Cincinnati, OH | $318,390,176 | $10,905,260 |
Mathile Family Foundation Dayton, OH | $0 | $5,909,915 |
John W Anderson Foundation Valparaiso, IN | $342,409,938 | $34,395,256 |
Gilbert Fam Foundation Detroit, MI | $16,505,480 | $22,733,689 |
Herbert Simon Family Foundation Indianapolis, IN | $26,075,189 | $9,696,254 |
Richard And Helen Devos Foundation Grand Rapids, MI | $31,037 | $11,215,000 |
Huntington Foundation Columbus, OH | $456,967 | $10,970,786 |
Zachary Smith Reynolds Trust Pittsburgh, PA | $187,892,547 | $20,789,622 |
Franciscan Health Foundation Inc Mishawaka, IN | $46,155,507 | $9,741,999 |
Asante Foundation Inc South Bend, IN | $170,490,031 | $16,382,298 |
The Steve & Amy Van Andel Foundation Grand Rapids, MI | $111,040,892 | $8,504,096 |