William And Kathryn Scripps Family Foundation Inc
- Assets
- $2.9m
- Revenue
- $493.2k
- Investments
- $1.8m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 02/2005
- Data as of
- 12/2021
- EIN
- 20-0514611
Organization Overview
William And Kathryn Scripps Family Foundation Inc is located in Wilmington, DE. The organization was established in 2005. 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. William And Kathryn Scripps Family 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 12/2021, William And Kathryn Scripps Family Foundation Inc generated $493.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (11.0%) each year. All expenses for the organization totaled $2.0m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, William And Kathryn Scripps Family Foundation Inc has awarded 59 individual grants totaling $4,824,461. 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 |
|---|---|---|---|
Shelby Scripps Dir | 1 | $0 | |
William H Scripps Pres, Dir, Sec | 3 | $0 | |
Kathryn Scripps Dir | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $331 |
| Dividends & Interest | $15,245 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $477,585 |
| Capital Gain Net Income | $1,610,240 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $493,161 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $40,560 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $12,634 |
| Total operating and administrative expenses | $66,337 |
| Contributions, gifts, grants paid | $1,950,000 |
| Total expenses and disbursements | $2,016,337 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,148,776 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,937,144 |
| 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, William And Kathryn Scripps Family Foundation Inc has awarded $1,950,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF COLORADO FOUNDATION PURPOSE: SCRIPPS FAMILY ENDOWED FUND FOR NEWS CORP | $700,000 |
La Jolla, CA PURPOSE: SCRIPPS INSTITUTE OF OCEANOGRAPHY | $450,000 |
UNIVERSITY OF COLORADO FOUNDATION PURPOSE: SCRIPPS FAMILY ENDOWED FUND FOR LEADERSHIP | $450,000 |
Mammoth Lakes, CA PURPOSE: MAMMOTH ARTS AND CULTURAL CENTER PROJECT | $100,000 |
La Jolla, CA PURPOSE: JEN SMITH OCEAN ACIDIFICATION PROGRAM | $100,000 |
La Jolla, CA PURPOSE: TRINET INNOVATION CHALLENGE | $75,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lor Foundation Inc West Chester, PA | $352,392,197 | $12,888,892 |
Grable Foundation Pittsburgh, PA | $386,701,292 | $35,946,563 |
Connelly Foundation West Conshohocken, PA | $387,913,026 | $27,891,431 |
The Abell Foundation Inc Baltimore, MD | $398,354,670 | $42,510,470 |
Bay And Paul Foundations Inc Wilmington, DE | $33,659,644 | $890,121 |
Gordon & Llura Gund Foundation Princeton, NJ | $18,024,465 | $6,191,436 |
Susquehanna Foundation Bala Cynwyd, PA | $640,733,550 | $61,262,452 |
Operating Engineers Trust Fund Of Washington D C & Vicinity Sparks, MD | $40,754,444 | $17,999,357 |
F M Kirby Foundation Inc Morristown, NJ | $303,494,554 | $34,334,700 |
E Rhodes And Leona B Carpenter Foundation Radnor, PA | $250,926,779 | $43,460,229 |
Victoria Foundation Inc Newark, NJ | $335,393,283 | $24,137,337 |
Kahlert Foundation Inc Sykesville, MD | $93,179,960 | $19,162,440 |