Ruth Lilly Philanthropic Foundation
- Assets
- $87.0m
- Revenue
- $5.0m
- Investments
- $83.5m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 03/2008
- Data as of
- 12/2023
- 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 12/2023, Ruth Lilly Philanthropic Foundation generated $5.0m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.0% each year. All expenses for the organization totaled $5.9m during the year ending 12/2023. 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 | $223,245 | |
Josiah Lilly IV Trustee | 1 | $135,000 | |
Josiah Lilly V Trustee | 1 | $165,000 | |
Megan Marsac Committee Member | 1 | $75,000 | |
George Lilly Commitee Member | 1 | $75,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,536,574 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,411,582 |
| Capital Gain Net Income | $2,411,582 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $86,389 |
| Total Revenue | $5,034,545 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $673,245 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $148,218 |
| Depreciation | $0 |
| Occupancy | $10,800 |
| Travel, conferences, and meetings | $24,041 |
| Printing and publications | $0 |
| Other expenses | $5,760 |
| Total operating and administrative expenses | $1,344,395 |
| Contributions, gifts, grants paid | $4,561,771 |
| Total expenses and disbursements | $5,906,166 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,170 |
| Savings and temporary cash investments | $3,495,948 |
| 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 | $83,525,155 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $87,032,273 |
| 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 |