Calipari Foundation Inc
- Assets
- $171.2k
- Revenue
- $205.1k
- Investments
- $0.0
- Employees
- 2
- Location
- Lexington, KY
- Founding
- 09/2012
- Data as of
- 12/2021
- EIN
- 45-5475355
Organization Overview
Calipari Foundation Inc, operating under the name The Calipari Foundation Inc, is located in Lexington, KY. The organization was established in 2012. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Calipari Foundation Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Calipari Foundation Inc 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, Calipari Foundation Inc generated $205.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (20.9%) each year. All expenses for the organization totaled $127.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (25.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Calipari Foundation Inc has awarded 150 individual grants totaling $4,479,786. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE FOR THE PHYSICAL, EDUCATIONAL, LEADERSHIP, AND DEVELOPMENTAL NEEDS OF PEOPLE AND COMMUNITIES, WHILE ENCOURAGING AND EQUIPPING OTHERS TO DO THE SAME.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATIONS WERE MADE TO ORGANIZATIONS MEETING THE MISSION OF THE CALIPARI FOUNDATION
DONATIONS WERE MADE TO ORGANIZATIONS MEETING THE MISSION OF THE CALIPARI FOUNDATION
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ellen Calipari Vice President | OfficerTrustee | 1 | $0 |
Jeff Zurcher Sec/treasurer | OfficerTrustee | 5 | $0 |
John Calipari President | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $205,109 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $205,109 |
| Total Program Service Revenue | $0 |
| Investment income | $34 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $205,143 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $15,000 |
| Grants and other assistance to domestic individuals. | $7,002 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $90,000 |
| Compensation of current officers, directors, key employees. | $90,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,885 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $635 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $706 |
| Advertising and promotion | $218 |
| Office expenses | $160 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,882 |
| All other expenses | $5,144 |
| Total functional expenses | $127,632 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $141,244 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $30,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $171,244 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $171,244 |
| Total liabilities and net assets/fund balances | $171,244 |
Grants Awarded
Over the last fiscal year, Calipari Foundation Inc has awarded $106,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
Miamisburg, OH PURPOSE: NON PROFIT ACTIVITY SUPPORT | $50,000 |
Cary, NC PURPOSE: NON PROFIT ACTIVITY SUPPORT | $11,000 |
FORT FREEDOM INC PURPOSE: NON PROFIT ACTIVITY SUPPORT | $10,000 |
Cincinnati, OH PURPOSE: NON PROFIT ACTIVITY SUPPORT | $5,000 |
UNIVERSITY OF MASSACHUSETTS PURPOSE: NON PROFIT ACTIVITY SUPPORT | $5,000 |
Sarasota, FL PURPOSE: NON PROFIT ACTIVITY SUPPORT | $5,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Calipari Foundation Inc has recieved totaling $85,000.
| Awarding Organization | Amount |
|---|---|
E Kenneth And Esther Marie Hatton Foundation Cincinnati, OH PURPOSE: GENERAL SUPPORT TO THEIR CHARITIES | $60,000 |
Amy And Brian France Foundation Charlotte, NC PURPOSE: GENERAL PURPOSE | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Cincinnati Foundation Cincinnati, OH | $616,325,698 | $119,970,948 |
Schuler Education Foundation Lake Forest, IL | $54,673,241 | $7,067,242 |
Gary Sinise Foundation Nashville, TN | $79,715,180 | $58,070,139 |
Johnson Charitable Gift Fund Cincinnati, OH | $240,192,248 | $106,272,377 |
Young Mens Christian Association Of Greater Cincinnati Cincinnati, OH | $89,901,831 | $29,563,808 |
Veterans United Foundation Columbia, MO | $54,107,159 | $30,165,811 |
Jefferson Scholars Foundation Charlottesville, VA | $761,742,846 | $36,629,374 |
The Pauley Family Foundation Richmond, VA | $2,022,061,315 | $1,899,350,410 |
College Foundation Of The University Of Virginia Charlottesville, VA | $252,362,262 | $51,045,128 |
Independent Charitable Gift Fund Hudson, OH | $203,452,465 | $150,370,213 |
Philanthropic Impact Foundation Nashville, TN | $919,847 | $18,241,201 |
University Of Louisville Real Estate Foundation Louisville, KY | $156,388,720 | $20,770,834 |