David And Nicole Tepper Charitable Foundation Inc
- Assets
- $48.3m
- Revenue
- $15.7m
- Investments
- $32.4m
- Employees
- 0
- Location
- Short Hills, NJ
- Founding
- Data as of
- 12/2023
- EIN
- 85-2618674
Organization Overview
David And Nicole Tepper Charitable Foundation Inc is located in Short Hills, NJ. 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. David And Nicole Tepper Charitable 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 12/2023, David And Nicole Tepper Charitable Foundation Inc generated $15.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (24.6%) each year. All expenses for the organization totaled $8.8m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, David And Nicole Tepper Charitable Foundation Inc has awarded 105 individual grants totaling $18,417,917. 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.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Tepper President & Director | 1 | $0 | |
Nicole Tepper Vice President & Director | 15 | $0 | |
Larry Rogers Secretary & Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $15,000,000 |
| Interest on Savings | $244,480 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $349,576 |
| Capital Gain Net Income | $349,576 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $73,735 |
| Total Revenue | $15,667,791 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $103,750 |
| Pension plans, employee benefits | $30,551 |
| Interest | $0 |
| Taxes | $73,735 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $5,015 |
| Printing and publications | $0 |
| Other expenses | $38,635 |
| Total operating and administrative expenses | $257,943 |
| Contributions, gifts, grants paid | $8,510,018 |
| Total expenses and disbursements | $8,767,961 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,839,603 |
| 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 | $32,449,053 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $48,288,656 |
| 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, David And Nicole Tepper Charitable Foundation Inc has awarded $8,510,018 in support to 37 organizations.
| Grant Recipient | Amount |
|---|---|
AKIN'S PATH DBA THE DREAMBUILDERS FOUNDATION INC PURPOSE: GENERAL SUPPORT | $10,000 |
AMERICAN CANCER SOCIETY WESTERN NCSC PURPOSE: GENERAL SUPPORT | $5,000 |
AMERICAN FRIENDS OF MAGEN DAVID ADOM PURPOSE: GENERAL SUPPORT | $200,000 |
AMERICAN HEART ASSOCIATION INC PURPOSE: GENERAL SUPPORT | $100,000 |
ATRIUM HEALTH FOUNDATION PURPOSE: GENERAL SUPPORT | $300,000 |
BEST BUDDIES INTERNATIONAL INC PURPOSE: GENERAL SUPPORT | $75,000 |