Minnie Stevens Piper Foundation
- Assets
- $15.4m
- Revenue
- $2.6m
- Investments
- $13.9m
- Employees
- 0
- Location
- San Antonio, TX
- Founding
- 11/1952
- Data as of
- 12/2021
- EIN
- 74-1292695
Organization Overview
Minnie Stevens Piper Foundation is located in San Antonio, TX. The organization was established in 1952. 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. Minnie Stevens Piper 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, Minnie Stevens Piper Foundation generated $2.6m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 15.8% each year . All expenses for the organization totaled $2.0m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
STUDENT AID LIBRARY AND INFORMATION CENTER. SEE STMT 18.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joyce M Ellis E.d. & Secre | 40 | $177,939 | |
Jeanette Arellano Asst E.d. | 40 | $109,339 | |
Laura Herrera Bookkeeper | 40 | $61,318 | |
Ariana Stubbs Bookkeeper | 40 | $52,428 | |
Paul T Curl President | 2 | $6,000 | |
Herbert W Hill Jr Treasurer | 2 | $6,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $50,600 |
| Interest on Savings | $218 |
| Dividends & Interest | $375,876 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $914,336 |
| Capital Gain Net Income | $914,336 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,276,361 |
| Total Revenue | $2,617,391 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $201,939 |
| Other employee salaries and wages | $414,355 |
| Pension plans, employee benefits | $350,822 |
| Interest | $0 |
| Taxes | $43,758 |
| Depreciation | $8,663 |
| Occupancy | $131,408 |
| Travel, conferences, and meetings | $2,903 |
| Printing and publications | $6,533 |
| Other expenses | $191,320 |
| Total operating and administrative expenses | $1,530,301 |
| Contributions, gifts, grants paid | $470,500 |
| Total expenses and disbursements | $2,000,801 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,156,201 |
| 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 | $309,287 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $30,764 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $39,123 |
| Net Land, buildings, and equipment | $16,371 |
| Other assets | $2,520 |
| Total assets | $15,403,925 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $548,121 |
| 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 | $548,121 |
Grants Awarded
Over the last fiscal year, Minnie Stevens Piper Foundation has awarded $470,500 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
PIPER SCHOLARS PROGRAM PURPOSE: SCHOLARDSHIP AWARDS | $320,500 |
VARIOUS CONTRIBUTIONS SEE STMT 20 PURPOSE: SEE STMT 20 | $100,000 |
PIPER PROFESSOR PROGRAM PURPOSE: SUPERIOR TEACHING AWARDS | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New Mexico Educational Assistance Foundation Albuquerque, NM | $392,805,656 | $19,955,288 |
Greater Texas Foundation Bryan, TX | $0 | $15,972,442 |
Post Oak School Bellaire, TX | $33,296,853 | $15,447,844 |
American Indian Graduate Center Inc Albuquerque, NM | $28,393,677 | $10,605,933 |
Robert G Carr & Nona K Carr Scholarship Foundation San Angelo, TX | $175,014,798 | $4,176,344 |
Abell-Hanger Foundation Midland, TX | $130,201,135 | $12,262,823 |
J F Maddox Foundation Hobbs, NM | $240,372,497 | $15,567,055 |
Indigenous Education Inc Albuquerque, NM | $3,738,546 | $7,442,761 |
Higher Education Servicing Corp In Arlington, TX | $44,544,807 | $11,853,938 |
Brazos Higher Education Service Corporation Inc Waco, TX | $152,724,525 | $12,631,577 |
Smart Bowling Scholarship Funding Corporation Arlington, TX | $97,151,764 | $16,570,188 |
New Mexico Student Loan Guarantee Corporation Albuquerque, NM | $15,866,075 | $3,044,592 |