Kipp Nelson Foundation
- Assets
- $1.9m
- Revenue
- $184.6k
- Investments
- $1.8m
- Employees
- 0
- Location
- Ketchum, ID
- Founding
- 04/1998
- Data as of
- 12/2021
- EIN
- 13-3936467
Organization Overview
Kipp Nelson Foundation is located in Ketchum, ID. The organization was established in 1998. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Kipp Nelson Foundation 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 12/2021, Kipp Nelson Foundation generated $184.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 72.7% each year . All expenses for the organization totaled $381.6k during the year ending 12/2021. While expenses have increased by 14.8% per year over the past 7 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 2015, Kipp Nelson Foundation has awarded 40 individual grants totaling $1,142,991. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kipp Nelson Director | 0 | $0 | |
Carlos A Cordeiro Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,479 |
| Dividends & Interest | $26,998 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $155,108 |
| Capital Gain Net Income | $155,108 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $184,585 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $30,140 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $80,748 |
| Printing and publications | $0 |
| Other expenses | $200 |
| Total operating and administrative expenses | $122,910 |
| Contributions, gifts, grants paid | $258,700 |
| Total expenses and disbursements | $381,610 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $26,694 |
| 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 | $148,086 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,863,137 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $45,578 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $45,578 |
Grants Awarded
Over the last fiscal year, Kipp Nelson Foundation has awarded $258,700 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
USSA PURPOSE: GENERAL | $254,700 |
Richmond, VT PURPOSE: GENERAL | $2,000 |
Snowmass Village, CO PURPOSE: GENERAL | $1,000 |
APU NORDIC SKI CENTER PURPOSE: GENERAL | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Leonard & Beryl Buck Foundation Las Vegas, NV | $1,159,755,958 | $49,528,085 |
Carpenters-Employers Vacation Trust Of Western Washington Seattle, WA | $5,203,144 | $22,846,334 |
Board Of Trustees Agc Trust Of Montana Spokane, WA | $18,871,331 | $11,144,345 |
Wattis Dumke Foundation Inc Ketchum, ID | $124,566 | $75,918 |
Tw Ld Mceachearn Las Vegas, NV | $148,667,574 | $29,051,713 |
Rea Charitable Trust Las Vegas, NV | $108,024,869 | $14,015,969 |
Tongass Timber Trust Mukilteo, WA | $5,700,029 | $5,800,281 |
William H And Carrie Gottsche Foundation Thermopolis, WY | $15,267,869 | $5,413,273 |
The Dalai Lama Foundation Shoreline, WA | $6,300,895 | $851,528 |
Carrico Family Foundation Medford, OR | $33,120,720 | $4,067,868 |
Emerald Gate Charitable Trust Jackson, WY | $143,120,759 | $36,236,406 |
William A Badger Foundation 80108800 Las Vegas, NV | $45,476,386 | $5,276,997 |