Robert S & Helen Grey Trippet Foundation Inc
- Assets
- $9.6m
- Revenue
- $379.2k
- Investments
- $9.5m
- Employees
- 0
- Location
- Tulsa, OK
- Founding
- 01/1992
- Data as of
- 07/2022
- 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 07/2022, Robert S & Helen Grey Trippet Foundation Inc generated $379.2k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $636.5k during the year ending 07/2022. While expenses have increased by 10.1% per year over the past 4 years. They've been increasing with an increasing level of total revenue. 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 92 individual grants totaling $1,369,250. 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 |
|---|---|---|---|
Robert C Simpson Jr Vice-Preside | 3 | $18,600 | |
Scott Shea Simpson Vice Preside | 3 | $18,600 | |
Larry Grindstaff Vice Preside | 3 | $18,600 | |
Cory Simpson Vice Preside | 3 | $18,600 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $298,286 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $80,897 |
| Capital Gain Net Income | $80,897 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $379,183 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $114,000 |
| Other employee salaries and wages | $43,800 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,351 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,922 |
| Total operating and administrative expenses | $170,460 |
| Contributions, gifts, grants paid | $466,000 |
| Total expenses and disbursements | $636,460 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $629 |
| Savings and temporary cash investments | $93,129 |
| 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 | $4,130,422 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $9,588,019 |
| 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 $466,000 in support to 32 organizations.
| Grant Recipient | Amount |
|---|---|
OKLAHOMA STATE UNIVERSITY PURPOSE: COLLEGE SCHOLARSHIPS | $147,250 |
UNIVERSITY OF OKLAHOMA FDN PURPOSE: COLLEGE SCHOLARSHIPS | $142,000 |
NORTHEASTERN STATE UNIVERSITY FDN PURPOSE: COLLEGE SCHOLARSHIPS | $101,750 |
FOLDS OF HONOR PURPOSE: UNRESTRICTED | $10,000 |
WOUNDED WARRIOR PROJECT PURPOSE: UNRESTRICED | $8,000 |
THOMAS GILCREASE MUSEUM PURPOSE: UNRESTRICTED | $8,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arnall Family Foundation Inc Oklahoma City, OK | $11,371,239 | $12,792,638 |
Houston Endowment Inc Houston, TX | $2,683,938,862 | $265,655,014 |
J E And L E Mabee Foundation Inc Midland, TX | $754,241,961 | $130,151,698 |
Rainwater Charitable Foundation Fort Worth, TX | $856,887,520 | $46,265,349 |
Crawford Taylor Foundation St Louis, MO | $738,101,888 | $69,635,068 |
The Samuel Roberts Noble Foundation Ardmore, OK | $1,183,090,626 | $85,581,097 |
Kinder Foundation Houston, TX | $141,449,180 | $60,608,944 |
Enterprise Holdings Foundation Saint Louis, MO | $398,583,830 | $68,157,541 |
Rees-Jones Foundation Dallas, TX | $0 | $116,553,438 |
Meadows Foundation Incorporated Dallas, TX | $777,502,701 | $134,484,682 |
Gates Family Foundation Denver, CO | $458,247,303 | $68,267,243 |
Rob And Melani Walton Foundation Bentonviille, AR | $541,056,642 | $120,568,910 |