Katharine B Sutphin Foundation Inc is located in Indianapolis, IN. The organization was established in 2015. 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. Katharine B Sutphin 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 12/2023, Katharine B Sutphin Foundation Inc generated $303.5k in total revenue. All expenses for the organization totaled $642.5k during the year ending 12/2023. While expenses have increased by 75.0% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Katharine B Sutphin Foundation Inc has awarded 34 individual grants totaling $976,500. 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Joanna B Taft President | 0.5 | $0 | |
Casey Roberts Director | 0.25 | $0 | |
David Wellwerts Director | 0.25 | $0 | |
Charlie Sutphin Treasurer | 0.25 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $438,160 |
Interest on Savings | $1,053 |
Dividends & Interest | $236,570 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | -$372,314 |
Capital Gain Net Income | $14,282 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $303,469 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $11,724 |
Depreciation | $0 |
Occupancy | $25,000 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $28,229 |
Total operating and administrative expenses | $103,502 |
Contributions, gifts, grants paid | $539,000 |
Total expenses and disbursements | $642,502 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $146,936 |
Savings and temporary cash investments | $510,722 |
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 | $29,692 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $12,988,545 |
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 |
Over the last fiscal year, Katharine B Sutphin Foundation Inc has awarded $539,000 in support to 13 organizations.
Grant Recipient | Amount |
---|---|
REDEEMER PRESBYTERIAN CHURCH PURPOSE: MATCHING GRANT | $5,000 |
IU FOUNDATION PURPOSE: MATCHING GRANT | $2,000 |
INTEND INDIANA PURPOSE: POLKLORE GRANT | $105,000 |
INDIANAPOLIS FILM PROJECT PURPOSE: KANKAN/THE KATE | $80,000 |
HERRON HIGH SCHOOL PURPOSE: MATCHING GRANT | $5,000 |
HARRISON CENTER PURPOSE: ARTIST SUPPORT GRANT | $100,000 |