Virginia G Piper Charitable Trust 08-11-95 is located in Phoenix, AZ. The organization was established in 1996. 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. Virginia G Piper Charitable Trust 08-11-95 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 03/2023, Virginia G Piper Charitable Trust 08-11-95 generated $23.9m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $37.3m during the year ending 03/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Virginia G Piper Charitable Trust 08-11-95 has awarded 2,482 individual grants totaling $309,202,473. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
(SEE STATEMENT)
(SEE STATEMENT)
(SEE STATEMENT)
(SEE STATEMENT)
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Trustee | 4.47 | $46,764 | |
Name Not Listed Trustee | 1.55 | $46,764 | |
Name Not Listed Trustee | 4.31 | $46,764 | |
Name Not Listed Trustee | 1.88 | $46,764 | |
Name Not Listed Trustee | 4.72 | $46,764 | |
Name Not Listed Trustee | 2 | $46,764 |
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cambridge Associates Llc | 3/30/23 | $775,000 |
Jennifer Bonnett Dba Nonprofit Lifecycles Institute | 3/30/23 | $260,406 |
Wgm Associates Llc | 3/30/23 | $213,939 |
Crowe Llp | 3/30/23 | $145,493 |
Alliance Of Arizona Nonprofits | 3/30/23 | $100,948 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $200 |
| Interest on Savings | $19 |
| Dividends & Interest | $6,180,284 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $17,540,146 |
| Capital Gain Net Income | $10,137,944 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $102,506 |
| Total Revenue | $23,907,785 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,572,390 |
| Other employee salaries and wages | $1,325,802 |
| Pension plans, employee benefits | $820,428 |
| Interest | $0 |
| Taxes | $220,765 |
| Depreciation | $431,087 |
| Occupancy | $210,510 |
| Travel, conferences, and meetings | $115,733 |
| Printing and publications | $37,371 |
| Other expenses | $2,180,842 |
| Total operating and administrative expenses | $9,099,720 |
| Contributions, gifts, grants paid | $28,169,835 |
| Total expenses and disbursements | $37,269,555 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $500 |
| Savings and temporary cash investments | $48,917,693 |
| 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 | $344,540 |
| Net Investments - land, buildings, equipment | $1,377,838 |
| Investments—mortgage loans | $0 |
| Investments—other | $309,636,995 |
| Net Land, buildings, and equipment | $8,473,079 |
| Other assets | $183,151 |
| Total assets | $442,496,970 |
| Accounts payable and accrued expenses | $821,060 |
| Grants payable | $22,043,053 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $1,952,000 |
| Total liabilities | $24,816,113 |
Over the last fiscal year, Virginia G Piper Charitable Trust 08-11-95 has awarded $45,284,752 in support to 607 organizations.
| Grant Recipient | Amount |
|---|---|
50TH STREET GIRL AND BOY SCOUT YOUTH PROGRAM PURPOSE: A TRUSTEE ADVISED GRANT TO PROVIDE GENERAL SUPPORT IN HONOR OF ORLANDO EPTING. | $1,500 |
A NEW LEAF PURPOSE: HOLIDAY GRANT | $5,000 |
A NEW LEAF PURPOSE: SUPPORT NONPROFIT RECOVERY TO OFFSET COVID-19 CRISIS IMPACTS. | $50,000 |
ABOUT CARE INC PURPOSE: HOLIDAY GRANT | $3,500 |
ABILITY360 PURPOSE: HOLIDAY GRANT | $5,000 |
ABOUT CARE INC PURPOSE: SUPPORT NONPROFIT RECOVERY TO OFFSET COVID-19 CRISIS IMPACTS. | $25,000 |