Tucker W Hipps Memorial Foundation
- Assets
- $388.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Piedmont, SC
- Founding
- 10/2018
- Data as of
- 12/2021
- EIN
- 35-2602818
Organization Overview
Tucker W Hipps Memorial Foundation is located in Piedmont, SC. The organization was established in 2018. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tucker W Hipps Memorial 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, Tucker W Hipps Memorial Foundation generated $61.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (26.2%) each year. All expenses for the organization totaled $53.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE MISSION OF TUCKER W. HIPPS MEMORIAL FOUNDATION IS TO SUPPORT OTHER NON-PROFIT CORPORATIONS, "HELPING PEOPLE HELP OTHERS". ORGANIZATIONS SUCH AS PALMETTO BOYS STATE AND PUBLIC UNIVERSITIES RECEIVE SCHOLARSHIPS IN TUCKER HIPPS' NAME TO OFFSET COLLEGE EXPENSES. OTHER ACTIVITIES SUPPORT EDUCATION AND AWARENESS CONCERNING HAZING ON INTERMEDIATE AND SECONDARY CAMPUSES AND HELPING ORGANIZATIONS THAT HELP HOMELESS AND UNDERPRIVILEDGED PEOPLE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cynthia Tucker-Hipps President | 1 | $0 | |
Gary M Hipps Jr Treasurer | 1 | $0 | |
Jennifer Burnett Secretary | 1 | $0 | |
Doug Brune Director | 1 | $0 | |
Sally Foister Director | 1 | $0 | |
Donnie Tucker Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $61,581 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $7,888 |
| Gain or Loss | $20 |
| Net Income from Gaming & Fundraising | -$8,076 |
| Other Revenue | $0 |
| Total Revenue | $61,413 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $4,383 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $693 |
| Total expenses | $53,076 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $388,401 |
| Other assets | $0 |
| Total assets | $388,401 |
| Total liabilities | $0 |
| Net assets or fund balances | $388,401 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Tucker W Hipps Memorial Foundation has recieved totaling $2,667.
| Awarding Organization | Amount |
|---|---|
Deborah Dunklin Tipton Charitable Foundation Germantown, TN PURPOSE: GENERAL OPERATING SUPPORT | $2,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $167 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Beemok Family Foundation Charleston, SC | $51,753,352 | $227,490 |
Watson-Brown Foundation Inc Thomson, GA | $0 | $9,697,974 |
Laura Holland Uzzell Foundation Morrisville, NC | $14,769,987 | $6,660,101 |
Alef Fund Inc Atlanta, GA | $10,107,377 | $6,194,898 |
University Of West Georgia Foundation Inc Carrollton, GA | $86,140,941 | $10,389,838 |
South Carolina Educational Credit For Exceptional Needs Children Fun Columbia, SC | $1,181,238 | $5,546,279 |
Coca-Cola Scholars Foundation Inc Atlanta, GA | $71,605,468 | $31,599,185 |
Arete Scholars Fund Dacula, GA | $8,445,771 | $4,355,145 |
The Fund For Theological Education Inc Decatur, GA | $34,735,752 | $8,780,727 |
Sunshine Lady Foundation Inc Morehead City, NC | $18,426,319 | $1,888,098 |
Gwinnett County Public Schools Foundation Fund Inc Suwanee, GA | $3,101,670 | $4,575,972 |
Alpha Delta Pi Foundation Inc Atlanta, GA | $21,876,237 | $5,695,284 |