William Hall Tippett And Ruth Rathell Tippett Foundation
- Assets
- $4.9m
- Revenue
- $248.6k
- Investments
- $4.9m
- Employees
- 0
- Location
- Carlsbad, CA
- Founding
- 05/2000
- Data as of
- 12/2023
- EIN
- 33-0903811
Organization Overview
William Hall Tippett And Ruth Rathell Tippett Foundation is located in Carlsbad, CA. The organization was established in 2000. 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. William Hall Tippett And Ruth Rathell Tippett 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, William Hall Tippett And Ruth Rathell Tippett Foundation generated $248.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $300.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, William Hall Tippett And Ruth Rathell Tippett Foundation has awarded 141 individual grants totaling $1,876,000. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lexy Harshman Chief Administrative Officer | 2 | $17,404 | |
Barbara Zobell President | 0.5 | $500 | |
Karen Zobell Vice President | 0.5 | $500 | |
Jeff Dunigan Secretary/cfo | 0.5 | $500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $127,106 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $118,601 |
| Capital Gain Net Income | $118,601 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,857 |
| Total Revenue | $248,564 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $18,904 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,038 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,170 |
| Printing and publications | $0 |
| Other expenses | $5,701 |
| Total operating and administrative expenses | $59,588 |
| Contributions, gifts, grants paid | $241,000 |
| Total expenses and disbursements | $300,588 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,588 |
| 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 | $4,889,840 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,900,428 |
| 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, William Hall Tippett And Ruth Rathell Tippett Foundation has awarded $241,000 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
ARMS WIDE OPEN PURPOSE: TO SUPPORT THE MUSICAL THEATRE PROGRAM. | $25,000 |
CHALLENGE CENTER THERAPY CENTER INC PURPOSE: TO SUPPORT THE AQUATICS, BALANCE AND CONDITIONING, AND AGE-ILITY 360 CLASSES FOR SENIORS. | $20,000 |
EPISCOPAL COMMUNITY SERVICES PURPOSE: TO SUPPORT THE EXPANSION OF THE KINDERMUSIK PROGRAM. | $20,000 |
FOUNDATION FOR GROSSMONT & CUYAMACA COLLEGES PURPOSE: TO SUPPORT SCHOLARSHIPS FOR THE FALL 2023 SEMESTER. | $10,000 |
FROSTED FACES FOUNDATION PURPOSE: TO SUPPORT THE SENIORS FOR SENIORS PROGRAM AND THE FINAL WISH PROGRAM. | $25,000 |
INSTITUTE OF CONTEMPORARY ART SAN DIEGO SAN DIEGO ART INSTITUTE PURPOSE: TO SUPPORT GENERAL OPERATING EXPENSES AND A STRATEGIC CONSULTANT. | $30,000 |