Sippy Foundation
- Assets
- $926.9k
- Revenue
- $17.4k
- Investments
- $783.5k
- Employees
- 0
- Location
- Missoula, MT
- Founding
- 07/2014
- Data as of
- 12/2023
- EIN
- 46-3795865
Organization Overview
Sippy Foundation is located in Missoula, MT. The organization was established in 2014. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., 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. Sippy 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, Sippy Foundation generated $17.4k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 27.2% each year . All expenses for the organization totaled $60.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Sippy Foundation has awarded 41 individual grants totaling $223,000. 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 |
|---|---|---|---|
Brian Sippy President | 1 | $0 | |
Mary J Sippy Secretary | 0.1 | $0 | |
Annette L Crator Treasurer | 31 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $572 |
| Dividends & Interest | $19,125 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$2,260 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $17,437 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $295 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,220 |
| Total operating and administrative expenses | $4,190 |
| Contributions, gifts, grants paid | $56,500 |
| Total expenses and disbursements | $60,690 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24,269 |
| Savings and temporary cash investments | $119,050 |
| 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 | $566,177 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $926,865 |
| 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, Sippy Foundation has awarded $56,500 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
FRIENDS OF MISSOULA PARKS INC PURPOSE: FRIENDS OF THE URBAN FOREST PROGRAM | $5,000 |
CAPTAINS FOR CLEAN WATER PURPOSE: OPERATIONS | $1,000 |
MISSOULA ART MUSEUM PURPOSE: OPERATIONS | $5,000 |
CLAY STUDIO OF MISSOULA PURPOSE: ANNEX EXPANSION | $1,000 |
CLAY STUDIO OF MISSOULA PURPOSE: FELLOWSHIP PROGRAM | $7,000 |
CHURCH OF THE RESURRECTION UNITED M PURPOSE: HUNGER MINISTRY'S FOOD MOBILE | $10,000 |