Grace J Fippinger Foundation Inc
- Assets
- $4.5m
- Revenue
- $298.6k
- Investments
- $4.3m
- Employees
- 0
- Location
- Stamford, CT
- Founding
- 00/0000
- Data as of
- 12/2023
- EIN
- 22-3019876
Organization Overview
Grace J Fippinger Foundation Inc is located in Stamford, CT. The organization was established in 0000. 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. Grace J Fippinger 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 12/2023, Grace J Fippinger Foundation Inc generated $298.6k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 36.6% each year . All expenses for the organization totaled $314.1k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Grace J Fippinger Foundation Inc has awarded 250 individual grants totaling $1,910,467. 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 |
|---|---|---|---|
Eileen G Hynes Executive Director | 30 | $0 | |
Lorraine Pennoyer Director | 2 | $2,250 | |
Thomas W Hynes Director | 2 | $0 | |
Johanna Sweet Director | 2 | $750 | |
Michael Petrona Director | 2 | $2,000 | |
Liz Juster Director | 2 | $1,250 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3,329 |
| Dividends & Interest | $123,006 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $172,256 |
| Capital Gain Net Income | $172,256 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $298,591 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $82,807 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,358 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $976 |
| Printing and publications | $0 |
| Other expenses | $7,808 |
| Total operating and administrative expenses | $97,949 |
| Contributions, gifts, grants paid | $216,200 |
| Total expenses and disbursements | $314,149 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,161 |
| Savings and temporary cash investments | $192,230 |
| 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 | $4,481,891 |
| 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, Grace J Fippinger Foundation Inc has awarded $216,200 in support to 37 organizations.
| Grant Recipient | Amount |
|---|---|
HARLEM ACADEMY PURPOSE: EDUCATION | $10,000 |
HICKSVILLE HIGH SCHOOL PURPOSE: EDUCATION | $35,000 |
HORIZONS BRIDGEPORT PURPOSE: EDUCATION | $10,000 |
HUDSON LINK PURPOSE: EDUCATION | $16,000 |
PACIFIC HOUSE PURPOSE: HOMELESSNESS | $10,000 |
SAGE VETS PURPOSE: HEALTHCARE | $5,000 |