Nicholas E Leep & Hilda Leep Foundation Inc
- Assets
- $0.0
- Revenue
- $21.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Highland, IN
- Founding
- 06/1968
- Data as of
- 05/2024
- EIN
- 35-6079803
Organization Overview
Nicholas E Leep & Hilda Leep Foundation Inc is located in Highland, IN. The organization was established in 1968. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Nicholas E Leep & Hilda Leep Foundation Inc 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 05/2024, Nicholas E Leep & Hilda Leep Foundation Inc generated $21.0k 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 (13.4%) each year. All expenses for the organization totaled $1.8m during the year ending 05/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Nicholas E Leep & Hilda Leep Foundation Inc has awarded 279 individual grants totaling $2,755,500. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bruce E Leep President | 5 | $0 | |
Mary Drimalla Sec/treas | 5 | $0 | |
Joyce Vandermolen Director | 1 | $0 | |
Barton D Leep Sr Director | 1 | $0 | |
Frederick Leep Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $148 |
| Dividends & Interest | $19,827 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $446,761 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,022 |
| Total Revenue | $20,997 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,273 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $307 |
| Total operating and administrative expenses | $10,905 |
| Contributions, gifts, grants paid | $1,757,000 |
| Total expenses and disbursements | $1,767,905 |
| 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 |
Grants Awarded
Over the last fiscal year, Nicholas E Leep & Hilda Leep Foundation Inc has awarded $1,757,000 in support to 31 organizations.
| Grant Recipient | Amount |
|---|---|
BETHSHAN VILLAGE PURPOSE: BUILDING FUND | $4,000 |
BIBLE LEAGUE PURPOSE: GENERAL FUND | $2,000 |
CHICAGO WESTSIDE CHRISTIAN SCHOOL PURPOSE: DIVERSE LEARNING PROGRAM | $200,000 |
CORNERSTONE ACADEMY PURPOSE: GENERAL FUND | $8,000 |
DONKA INC PURPOSE: GENERAL FUND | $10,000 |
EVERY CHILD MINISTRIES PURPOSE: GENERAL FUND | $10,000 |