Hipskind Fam Charitable Tr
- Assets
- $441.2k
- Revenue
- $24.9k
- Investments
- $364.4k
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 04/2002
- Data as of
- 12/2023
- EIN
- 35-2056320
Organization Overview
Hipskind Fam Charitable Tr is located in Indianapolis, IN. The organization was established in 2002. 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. Hipskind Fam Charitable Tr 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, Hipskind Fam Charitable Tr generated $24.9k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $5.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (18.7%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Hipskind Fam Charitable Tr has awarded 62 individual grants totaling $223,500. 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 |
|---|---|---|---|
Julianne Agnes Hipskind Trustee | 0 | $0 | |
J Timothy Hipskind Trustee | 0 | $0 | |
James F Hipskind Trustee | 0 | $0 | |
Maureen T Lowell Trustee | 0 | $0 | |
Suzanne E Mchugh Trustee | 0 | $0 | |
Kevin P Hipskind Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $178 |
| Dividends & Interest | $9,469 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $15,241 |
| Capital Gain Net Income | $15,241 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $24,888 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $237 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $5,175 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $5,175 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $76,792 |
| 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 | $122,420 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $441,163 |
| 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, Hipskind Fam Charitable Tr has awarded $24,820 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
ST MATTHEW CATHOLIC CHURCH PURPOSE: CHARITABLE | $5,000 |
PROVIDENCE CRISTO REY HS PURPOSE: CHARITABLE | $5,000 |
VILLAGE PROJECT AFRICA PURPOSE: CHARITABLE | $2,940 |
LYDIA'S HOUSE INC PURPOSE: CHARITABLE | $3,000 |
SCHOOL OF HOPE PURPOSE: CHARITABLE | $6,000 |
FRANCISCAN MISSION ASSOCIATES PURPOSE: CHARITABLE | $2,880 |