Dippell Family Foundation Inc
- Assets
- $997.9k
- Revenue
- -$80.9k
- Investments
- $935.5k
- Employees
- 0
- Location
- Great Neck, NY
- Founding
- 02/2009
- Data as of
- 12/2023
- EIN
- 26-1701174
Organization Overview
Dippell Family Foundation Inc is located in Great Neck, NY. The organization was established in 2009. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Dippell 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.
Since 2015, Dippell Family Foundation Inc has awarded 138 individual grants totaling $451,863. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT FOR 501 (C) 3 ORGANIZATIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
G Joseph Dippell Jr President | 5 | $15,000 | |
Janet Dippell Vice President | 5 | $15,000 | |
Meike Grunbaum Treasurer | 5 | $2,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $22,409 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$103,328 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$80,919 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $32,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $116 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $431 |
| Total operating and administrative expenses | $35,047 |
| Contributions, gifts, grants paid | $50,200 |
| Total expenses and disbursements | $85,247 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $752 |
| Savings and temporary cash investments | $61,660 |
| 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 | $997,905 |
| 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, Dippell Family Foundation Inc has awarded $50,200 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
HENRY LEE INSTITUTE OF FORENSIC SCIENSE PURPOSE: CHARITABLE | $5,000 |
NCPD SOA CHARITABLE FOUNDATION PURPOSE: CHARITABLE | $3,000 |
NASSAU COUNTY POLICE SUPERVISORS OFFICERS ASSC PURPOSE: CHARITABLE | $3,000 |
POLICE RESERVE OF NASSAU COUNTY PURPOSE: CHARITABLE | $2,775 |
SILVER SHIELD FOUNDATION PURPOSE: CHARITABLE | $5,000 |
TRAVIS MANION FOUNDATION PURPOSE: CHARITABLE | $2,000 |