Virginia G Piper Charitable Trust 08-11-95
- Assets
- $496.5m
- Revenue
- $85.7m
- Investments
- $435.4m
- Employees
- 0
- Location
- Phoenix, AZ
- Founding
- 09/1996
- Data as of
- 03/2022
- EIN
- 86-6247076
Organization Overview
Virginia G Piper Charitable Trust 08-11-95 is located in Phoenix, AZ. The organization was established in 1996. 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. Virginia G Piper Charitable Trust 08-11-95 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 03/2022, Virginia G Piper Charitable Trust 08-11-95 generated $85.7m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 22.5% each year . All expenses for the organization totaled $164.4m during the year ending 03/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Virginia G Piper Charitable Trust 08-11-95 has awarded 1,875 individual grants totaling $263,917,721. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
(SEE STATEMENT)
(SEE STATEMENT)
(SEE STATEMENT)
(SEE STATEMENT)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Trustee | 3.31 | $44,292 | |
Terri Clark Literacy Director | 40 | $224,647 | |
Karen Woodhouse Vision Screening Dir | 40 | $172,685 | |
Ellen Solowey Program Officer | 40 | $160,869 | |
Gary Romero Director Of Grants | 40 | $116,311 | |
Krista Ivey Accounting Officer | 40 | $113,142 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cambridge Associates Llc | 3/30/22 | $775,000 |
Wgm Associates Llc | 3/30/22 | $162,003 |
Crowe Llp | 3/30/22 | $124,667 |
Network For Good Inc | 3/30/22 | $122,060 |
Alliance Of Arizona Nonprofits | 3/30/22 | $113,606 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $56 |
| Dividends & Interest | $4,486,307 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $81,202,040 |
| Capital Gain Net Income | $77,450,432 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $85,713,153 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,483,556 |
| Other employee salaries and wages | $1,495,076 |
| Pension plans, employee benefits | $899,593 |
| Interest | $416 |
| Taxes | $852,837 |
| Depreciation | $420,177 |
| Occupancy | $166,935 |
| Travel, conferences, and meetings | $142,015 |
| Printing and publications | $51,189 |
| Other expenses | $1,964,602 |
| Total operating and administrative expenses | $9,287,264 |
| Contributions, gifts, grants paid | $155,088,342 |
| Total expenses and disbursements | $164,375,606 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $500 |
| Savings and temporary cash investments | $50,694,024 |
| 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 | $210,163 |
| Net Investments - land, buildings, equipment | $1,307,930 |
| Investments—mortgage loans | $0 |
| Investments—other | $352,077,960 |
| Net Land, buildings, and equipment | $8,781,446 |
| Other assets | $195,506 |
| Total assets | $496,549,315 |
| Accounts payable and accrued expenses | $901,336 |
| Grants payable | $26,066,170 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $2,453,100 |
| Total liabilities | $29,420,606 |
Grants Awarded
Over the last fiscal year, Virginia G Piper Charitable Trust 08-11-95 has awarded $165,475,084 in support to 728 organizations.
| Grant Recipient | Amount |
|---|---|
SOCIETY OF ST VINCENT DE PAUL PURPOSE: SUPPORT THE TRUSTEES' NOW IS THE MOMENT CELEBRATION OF OUR COMMUNITY. | $7,500,000 |
THE PHOENIX SYMPHONY PURPOSE: SUPPORT THE TRUSTEES' NOW IS THE MOMENT CELEBRATION OF OUR COMMUNITY. | $7,500,000 |
THE SALVATION ARMY PURPOSE: SUPPORT THE TRUSTEES' NOW IS THE MOMENT CELEBRATION OF OUR COMMUNITY FOR THE SOUTHWEST DIVISION. | $7,500,000 |
ARIZONA STATE UNIVERSITY FOUNDATION PURPOSE: SUPPORT THE TRUSTEES' NOW IS THE MOMENT CELEBRATION OF OUR COMMUNITY TO SUPPORT THE DEVELOPMENT AND DEPLOYMENT OF THE MOST ADVANCED DECISION TOOL REGARDING THE WATER FUTURES OF MARICOPA COUNTY AND GREATER ARIZONA. | $5,000,000 |
WESTERN SPIRIT SCOTTSDALE'S MUSEUM OF THE WEST PURPOSE: SUPPORT THE TRUSTEES' NOW IS THE MOMENT CELEBRATION OF OUR COMMUNITY. | $5,000,000 |
Omaha, NE PURPOSE: SUPPORT THE TRUSTEES' NOW IS THE MOMENT CELEBRATION OF OUR COMMUNITY FOR THE ARIZONA HEALTH SCIENCES CAMPUS TO SUPPORT THE PARTNERSHIP WITH SOCIETY OF ST. VINCENT DE PAUL AND COLLABORATIONS WITH OTHER MARICOPA COUNTY NONPROFITS. | $5,000,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Virginia G Piper Charitable Trust 08-11-95 has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Jimmy A Payne Family Foundation Scottsdale, AZ PURPOSE: TO SUPPORT THE EFFORTS OF THE TRUST | $10,000 |
Jimmy A Payne Family Foundation Scottsdale, AZ PURPOSE: TO SUPPORT THE EFFORTS OF THE TRUST | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chan Zuckerberg Initiative Foundation Palo Alto, CA | $7,102,375,761 | $894,057,700 |
David And Lucile Packard Foundation Los Altos, CA | $0 | $658,614,112 |
Gordon E And Betty I Moore Foundation Palo Alto, CA | $0 | $528,454,632 |
Gerson Bakar Foundation San Francisco, CA | $2,671,857,395 | $1,929,752,035 |
Carl Victor Page Memorial Foundation Palo Alto, CA | $3,530,742,616 | $1,087,074,441 |
Virginia G Piper Charitable Trust 08-11-95 Phoenix, AZ | $496,549,315 | $85,713,153 |
The Heising-Simons Foundation Los Altos, CA | $866,467,309 | $244,878,185 |
Bin Lin And Daisy Liu Family Foundation Fremont, CA | $227,760,848 | $146,668,013 |
Sequoia Climate Fund Irvine, CA | $47,430,446 | $181,073,206 |
Koum Family Foundation Palo Alto, CA | $2,010,566,070 | $59,411,015 |
The David Geffen Foundation Los Angeles, CA | $481,191,890 | $36,420,193 |
Waverley Street Foundation Palo Alto, CA | $2,988,003,660 | $1,311,729,919 |