1. Directory
  2. Minnesota
  3. Minneapolis
  4. Lipscomb Family Foundation
EIN 58-1368915

Lipscomb Family Foundation

IRS 501(c) type
501(c)(3)
Num. employees
1
City
Minneapolis
State
Minnesota
Year formed
1979
Most recent tax filings
2022-12-01
NTEE code, primary
T20: Private Foundations
Description
The Lipscomb Family Foundation is a private foundation located in Denver, CO that primarily funds operational support. Last year, the foundation made 58 grants to organizations such as the Community Foundation Of Western NC.
Total revenues
$247,093
2022
Total expenses
$1,072,294
2022
Total assets
$13,331,525
2022
Num. employees
1
2022

Grants made by Lipscomb Family Foundation

GranteeGrant descriptionAmount
Central Carolina Community FoundationOperational Support$37,000
Educational Advisory FoundationOperational Support$25,000
Homeless No MoreOperational Support$25,000
...and 31 more grants made totalling $353,850

Personnel at Lipscomb Family Foundation

NameTitleCompensation
Margaret FosterExecutive Director$120,000

Financials for Lipscomb Family Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Investment income and dividends$321,108
Net rental income$0
Net gain from sale of non-inventory assets$-74,085
Gross sales of inventory$0
Miscellaneous revenues$70
Total revenues$247,093

Form 990s for Lipscomb Family Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-10-18990PFView PDF
2021-122022-08-15990PFView PDF
2020-122021-09-15990PFView PDF
2019-122021-06-14990PFView PDF
2018-122020-01-17990PFView PDF
...and 7 more Form 990s
Data update history
November 29, 2023
Posted financials
Added Form 990PF for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990PF for fiscal year 2021
May 17, 2023
Updated personnel
Identified 4 new personnel
May 11, 2023
Used new vendors
Identified 1 new vendor, including
July 21, 2022
Posted financials
Added Form 990PF for fiscal year 2020
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedTax deductible donationsAccepts online donations
General information
Address
5108 W 75th St Box 390024
Minneapolis, MN 55439
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
County
Hennepin County, MN
Website URL
lipscombfoundation.org/ 
Phone
(803) 765-4567
IRS details
EIN
58-1368915
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
1979
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
Free account sign-up

Want updates when Lipscomb Family Foundation has new information, or want to find more organizations like Lipscomb Family Foundation?

Create free Cause IQ account
Cause IQ is a website that helps companies grow, maintain, and serve their nonprofit clients, and helps nonprofits find additional foundation funding. Our data and tools help professionals prospect for nonprofits, research opportunities, benchmark their clients, and enrich existing information.
Nonprofits
Product
Customers
About

© 2024 Nonprofit Metrics LLC
Terms of Service and Privacy Policy