Rip Foundation
- Assets
- $45.6k
- Revenue
- -$1.6k
- Investments
- $28.0k
- Employees
- 0
- Location
- Lakewood, OH
- Founding
- 08/1997
- Data as of
- 12/2022
- EIN
- 31-1531644
Organization Overview
Rip Foundation is located in Lakewood, OH. The organization was established in 1997. 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. Rip Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS FOR HIGHER EDUCATION AND COMMUNITY OUTREACH SUPPORT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert P Noble Jr Trustee | 2 | $0 | |
Charlotte Still Noble President | 2 | $0 | |
Faith Noble Treasurer | 2 | $0 | |
Vicki Noble Trustee | 2 | $0 | |
Robert Manning Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $845 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$2,429 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$1,584 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $490 |
| Total operating and administrative expenses | $490 |
| Contributions, gifts, grants paid | $25,600 |
| Total expenses and disbursements | $26,090 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,601 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $45,646 |
| 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, Rip Foundation has awarded $25,600 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
THE IONA COMMUNITY PURPOSE: CHARITABLE CONTRIBUTION | $500 |
THE HOOD SQUAD 216 PURPOSE: CHARITABLE CONTRIBUTION | $500 |
CEIRS PURPOSE: CHARITABLE CONTRIBUTION | $100 |
GIGI'S PLAYHOUSE PURPOSE: CHARITABLE CONTRIBUTION | $250 |
TRIALS FOR HOPE PURPOSE: CHARITABLE CONTRIBUTION | $500 |
SOUTH CAROLINA APPLESEED PURPOSE: CHARITABLE CONTRIBUTION | $300 |