Allen & Eve Foundation Inc
- Assets
- $1.6m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Hunt Valley, MD
- Founding
- Data as of
- 12/2023
- EIN
- 85-3969260
Organization Overview
Allen & Eve Foundation Inc is located in Hunt Valley, MD. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Allen & Eve 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, Allen & Eve Foundation Inc generated $1.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (27.2%) each year.
Since 2021, Allen & Eve Foundation Inc has awarded 64 individual grants totaling $14,207,150. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cynthia Wong Lippe President | 1 | $0 | |
David Lippe Treasurer, Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,200,000 |
| Interest on Savings | $18,387 |
| Dividends & Interest | $188,108 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,452 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $146 |
| Total Revenue | $1,405,189 |
| 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 | $0 |
| Total operating and administrative expenses | $6,332 |
| Contributions, gifts, grants paid | $7,472,450 |
| Total expenses and disbursements | $7,478,782 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $453,767 |
| 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 | $1,106,315 |
| Total assets | $1,560,082 |
| 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, Allen & Eve Foundation Inc has awarded $7,472,450 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
COLUMBIA UNIVERSITY GRADUATE SCHOOL OF ARTS AND SCIENCES PURPOSE: ALLEN & EVE FELLOWSHIP FUND | $500,000 |
COLUMBIA UNIVERSITY GRADUATE SCHOOL OF ARTS AND SCIENCES PURPOSE: ANNUAL FUND | $30,000 |
BLANCAS HOUSE CORP PURPOSE: GENERAL SUPPORT | $2,500 |
CHILDREN AND SCREENS INSTITUTE OF DIGITAL MEDIA AND CHILD DEVELOPMENT INC PURPOSE: GENERAL SUPPORT | $10,000 |
COOL EFFECTS PURPOSE: GENERAL SUPPORT | $10,000 |
GALLERY NORTH INC PURPOSE: GENERAL SUPPORT | $2,000 |