Robert S & Helen Grey Trippet Foundation Inc
- Assets
- $9.2m
- Revenue
- $647.6k
- Investments
- $9.1m
- Employees
- 0
- Location
- Tulsa, OK
- Founding
- 01/1992
- Data as of
- 07/2024
- EIN
- 73-1390841
Organization Overview
Robert S & Helen Grey Trippet Foundation Inc is located in Tulsa, OK. The organization was established in 1992. 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. Robert S & Helen Grey Trippet 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 07/2024, Robert S & Helen Grey Trippet Foundation Inc generated $647.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (19.7%) each year. All expenses for the organization totaled $815.9k during the year ending 07/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Robert S & Helen Grey Trippet Foundation Inc has awarded 161 individual grants totaling $2,436,150. 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 |
|---|---|---|---|
Cory P Simpson President | 6.5 | $29,850 | |
Larry Grindstaff Vice-President | 3 | $22,200 | |
Scott Shea Simpson Vice-President | 3 | $22,200 | |
Robert C Simpson Jr Vice-President | 3 | $22,200 | |
Robert C Simpson Vice-President | 3 | $44,400 | |
Barbara R Kelley's Secr/treasurer | 15 | $49,200 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $369,724 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $277,862 |
| Capital Gain Net Income | $277,862 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $647,586 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $190,050 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,764 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $9,866 |
| Total operating and administrative expenses | $212,708 |
| Contributions, gifts, grants paid | $603,150 |
| Total expenses and disbursements | $815,858 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,589 |
| Savings and temporary cash investments | $107,256 |
| 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 | $9,095,001 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $9,205,846 |
| 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, Robert S & Helen Grey Trippet Foundation Inc has awarded $603,150 in support to 36 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN HEART ASSOCIATION PURPOSE: UNRESTRICTED | $4,000 |
AMERICAN RED CROSS PURPOSE: UNRESTRICTED | $7,500 |
FOLDS OF HONOR PURPOSE: UNRESTRICTED | $30,000 |
JOHN 316 MISSION PURPOSE: UNRESTRICTED | $3,000 |
INDIAN NATIONS COUNCIL BOY SCOUTS PURPOSE: UNRESTRICTED | $4,000 |
MAKE-A-WHISH FOUNDATION OF OKLAHOMA PURPOSE: UNRESTRICTED | $6,000 |