Adolph & Edith E Harries & Eleanor Harries Tippens Scholarship Fdn
- Assets
- $846.0k
- Revenue
- $59.5k
- Investments
- $850.5k
- Employees
- 0
- Location
- Parkersburg, WV
- Founding
- 07/1993
- Data as of
- 12/2023
- EIN
- 55-6118733
Organization Overview
Adolph & Edith E Harries & Eleanor Harries Tippens Scholarship Fdn is located in Parkersburg, WV. The organization was established in 1993. 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. Adolph & Edith E Harries & Eleanor Harries Tippens Scholarship Fdn 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, Adolph & Edith E Harries & Eleanor Harries Tippens Scholarship Fdn generated $59.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (18.7%) each year. All expenses for the organization totaled $181.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Adolph & Edith E Harries & Eleanor Harries Tippens Scholarship Fdn has awarded 106 individual grants totaling $993,819. 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
TO PROVIDE SCHOLARSHIPS FOR A MINIMUM OF 2 STUDENTS DURING THE SCHOOL YEAR, UNLESS SUFFICIENT FUNDS ALLOW THE SELECTION OF MORE THAN TWO STUDENTS. PROVIDED 15 SCHOLARSHIPS IN 2023.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $37,910 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $21,588 |
| Capital Gain Net Income | $21,588 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $59,498 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $9,438 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $113 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $11,101 |
| Contributions, gifts, grants paid | $170,141 |
| Total expenses and disbursements | $181,242 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$4 |
| Savings and temporary cash investments | -$4,502 |
| 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 | $724,471 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $845,956 |
| 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 | $1,820 |
| Total liabilities | $1,820 |
Grants Awarded
Over the last fiscal year, Adolph & Edith E Harries & Eleanor Harries Tippens Scholarship Fdn has awarded $170,141 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
ALLISON MARKS PURPOSE: SEE PART IX - A | $15,513 |
ARIANNA NEDEFF PURPOSE: SEE PART IX - A | $11,851 |
BEN FERREBEE PURPOSE: SEE PART IX - A | $9,728 |
AUSTIN GORDON PURPOSE: SEE PART IX - A | $17,586 |
HALLEY LANDIS PURPOSE: SEE PART IX - A | $23,025 |
CAROLINE BRUKER PURPOSE: SEE PART IX - A | $20,650 |