Cypess Family Private Foundation Inc
- Assets
- $944.9k
- Revenue
- $169.0k
- Investments
- $895.5k
- Employees
- 0
- Location
- Arlington, VA
- Founding
- 03/2003
- Data as of
- 11/2022
- EIN
- 46-0503472
Organization Overview
Cypess Family Private Foundation Inc is located in Arlington, VA. The organization was established in 2003. 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. Cypess Family Private 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 11/2022, Cypess Family Private Foundation Inc generated $169.0k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 12.5% each year . All expenses for the organization totaled $45.2k during the year ending 11/2022. You can explore the organizations financials more deeply in the financial statements section below.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Raymond Cypess Director | 1 | $0 | |
Dr Sandra Cypess Director | 1 | $0 | |
Dr Aaron Cypess Director | 1 | $0 | |
Joshua Cypess Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $90,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $37,542 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $41,475 |
| Capital Gain Net Income | $41,475 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $169,017 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10,724 |
| Total operating and administrative expenses | $14,924 |
| Contributions, gifts, grants paid | $30,244 |
| Total expenses and disbursements | $45,168 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $26,357 |
| Savings and temporary cash investments | $23,085 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $944,936 |
| 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, Cypess Family Private Foundation Inc has awarded $30,244 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
MISCELLANEOUS UNDER 500 PURPOSE: EDUCATION AND GENERAL SUPPORT | $3,623 |
RPRY PURPOSE: EDUCATION | $25,000 |
UNIVERSITY OF ILLINOIS FOUNDATION PURPOSE: EDUCATION | $1,621 |