EIN 82-1225311

Turning Point Endowment

IRS 501(c) type
501(c)(3)
Num. employees
0
State
Year formed
2017
Most recent tax filings
2023-06-01
Description
Turning Point Endowment (the Organization) is a non-profit organization. The Organizations mission is to support and benefit Turning Point USA NFPs charitable purposes and long-term vitality. Turning Point Endowment is a supporting organization to Turning Point usa.
Related structure
Turning Point Endowment is a subordinate organization under Turning Point USA.
Total revenues
$1,980,990
2023
Total expenses
$498,704
2023
Total assets
$61,010,081
2023
Num. employees
0
2023

Program areas at Turning Point Endowment

Turning Point Endowment is a supporting organization to Turning Point usa ("tpusa"), which is a 501(c)(3) entity with a mission to educate students about the importance of fiscal responsibility, free markets, and capitalism. The organization supports tpusa through contributions and by maintaining investments to support tpusa's long-term vitality.

Who funds Turning Point Endowment

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$29,600
The Petit Family Foundation / Parker Petit TteeDonation for General Funds$25,000
The Autrey FoundationCharitable Gift$2,500

Personnel at Turning Point Endowment

NameTitleCompensation
Jim HoldenSecretary and Treasurer$0
Charles KirkPresident$0
William MontgomerySecretary$0

Financials for Turning Point Endowment

RevenuesFYE 06/2023
Total grants, contributions, etc.$30,600
Program services$0
Investment income and dividends$1,903,215
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$47,175
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,980,990

Form 990s for Turning Point Endowment

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-15990View PDF
2022-062023-05-15990View PDF
2021-062022-05-11990View PDF
2020-062021-05-25990View PDF
2019-062021-01-21990View PDF
...and 2 more Form 990s
Data update history
July 11, 2024
Received grants
Identified 2 new grant, including a grant for $11,000,000 from Turning Point USA
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 9, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 28, 2023
Used new vendors
Identified 1 new vendor, including
May 13, 2023
Received grants
Identified 1 new grant, including a grant for $18,825,000 from Turning Point USA
Nonprofit Types
Grantmaking organizationsHuman service organizationsFamily service centersChapter / child organizationsCharities
Issues
Human services
Characteristics
Endowed supportTax deductible donationsNo full-time employees
General information
Address
135 N Pennsylvania 1610
Indianapolis, IN 46204
Metro area
Indianapolis-Carmel-Anderson, IN
County
Marion County, IN
Phone
(844) 872-1776
IRS details
EIN
82-1225311
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2017
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
P50: Personal Social Services
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Subordinate organization
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