Ruth Lilly Philanthropic Foundation
- Assets
- $89.5m
- Revenue
- $12.2m
- Investments
- $85.7m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 03/2008
- Data as of
- 12/2021
- EIN
- 34-7206415
Organization Overview
Ruth Lilly Philanthropic Foundation is located in Wilmington, DE. The organization was established in 2008. 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. Ruth Lilly Philanthropic Foundation 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, Ruth Lilly Philanthropic Foundation generated $12.2m in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $8.6m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (24.4%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Arden Trust Company Trustee | 1 | $255,660 | |
Josiah Lilly V Trustee | 1 | $135,000 | |
George Lilly Commitee Member | 1 | $50,000 | |
Megan Marsac Committee Member | 1 | $50,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,708,256 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $9,538,281 |
| Capital Gain Net Income | $9,538,281 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$24,059 |
| Total Revenue | $12,222,478 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $625,660 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $84,687 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $17,120 |
| Total operating and administrative expenses | $1,278,877 |
| Contributions, gifts, grants paid | $7,309,345 |
| Total expenses and disbursements | $8,588,222 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $428,333 |
| Savings and temporary cash investments | $3,364,262 |
| 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 | $85,689,269 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $89,481,864 |
| 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 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Stadler Family Charitable Foundation Inc Titusville, NJ | $29,757,304 | $26,067,204 |
The Grateful Lives Foundation Wilmington, DE | $671,624,478 | $48,426,740 |
Lenfest Foundation Inc Philadelphia, PA | $0 | $560,962 |
Crystal Trust Ua Dtd 12-25-47 Irenee Dupont Jr Ttee Montchanin, DE | $288,226,063 | $32,506,410 |
Morgridge Family Foundation Wilmington, DE | $205,419,134 | $22,580,458 |
GDS Legacy Foundation Inc Wilmington, DE | $0 | $575,846 |
De Beaumont Foundation Inc Bethesda, MD | $183,698,152 | $47,357,470 |
Foundation For The Greatest Good Fulton, MD | $11,551,864 | $19,462,876 |
Young Mens Christian Association Of The Chesapeake Inc Easton, MD | $84,208,847 | $28,289,184 |
Living Legacy Foundation Wilmington, DE | $129,501,628 | $9,577,224 |
The Healey International Relief Foundation Inc Lumberton, NJ | $326,937 | $11,415,022 |
Zachary Smith Reynolds Trust Pittsburgh, PA | $187,892,547 | $20,789,622 |