L And L Nippert Charitable Foundation Inc
- Assets
- $56.2m
- Revenue
- $2.8m
- Investments
- $55.3m
- Employees
- 0
- Location
- Blue Ash, OH
- Founding
- 06/1992
- Data as of
- 12/2020
- EIN
- 31-1351011
Organization Overview
L And L Nippert Charitable Foundation Inc is located in Blue Ash, OH. The organization was established in 1992. 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. L And L Nippert Charitable 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 12/2020, L And L Nippert Charitable Foundation Inc generated $2.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (29.9%) each year. All expenses for the organization totaled $4.3m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, L And L Nippert Charitable Foundation Inc has awarded 450 individual grants totaling $23,930,549. 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 |
|---|---|---|---|
Dr Carter F Randolph President & Trustee | 5 | $30,000 | |
Lawrence H Kyte Jr Vice President & Trustee | 1 | $0 | |
Martin Cooper Secretary & Trustee | 1 | $0 | |
Brad Lindner Treasurer & Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $49,023 |
| Dividends & Interest | $1,787,907 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $952,252 |
| Capital Gain Net Income | $952,252 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,789,182 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $30,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $70,853 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $17,791 |
| Total operating and administrative expenses | $428,471 |
| Contributions, gifts, grants paid | $3,845,289 |
| Total expenses and disbursements | $4,273,760 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $836,864 |
| Savings and temporary cash investments | $0 |
| 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 | $5,770,295 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $27,625 |
| Total assets | $56,152,914 |
| 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, L And L Nippert Charitable Foundation Inc has awarded $4,722,879 in support to 71 organizations.
| Grant Recipient | Amount |
|---|---|
4C FOR CHILDREN PURPOSE: ORGANIZATION'S CHARITABLE PURPOSE | $100,000 |
ADVENTURE CREW PURPOSE: ORGANIZATION'S CHARITABLE PURPOSE | $25,000 |
AMERICAN RED CROSS PURPOSE: ORGANIZATION'S CHARITABLE PURPOSE | $25,000 |
BEECHWOOD HOME PURPOSE: ORGANIZATION'S CHARITABLE PURPOSE | $30,000 |
BIG BROTHERS BIG SISTERS OF BUTLER COUNTY PURPOSE: ORGANIZATION'S CHARITABLE PURPOSE | $64,908 |
BEECH ACRES PARENTING CENTER PURPOSE: ORGANIZATION'S CHARITABLE PURPOSE | $60,000 |