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J E Lipscomb Jr Trust is a private corporation based in PITTSBURGH, PA. The foundation received its IRS ruling in 1995. The principal officer is Pnc Bank. It holds total assets of $4.4M. Annual income is reported at $2.1M. Total assets have grown from $3.2M in 2010 to $4.3M in 2023. The foundation is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2024. According to available records, J E Lipscomb Jr Trust has made 4 grants totaling $906K, with a median grant of $226K. The foundation has distributed between $209K and $245K annually from 2021 to 2024. Grantmaking activity was highest in 2022 with $245K distributed across 1 grants. Individual grants have ranged from $209K to $245K, with an average award of $226K. Grant recipients are concentrated in Kentucky. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
J E Lipscomb Jr Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in KY.
J E Lipscomb Jr Trust has distributed a total of $906K across 4 grants. The median grant size is $226K, with an average of $226K. Individual grants have ranged from $209K to $245K.
J E Lipscomb Jr Trust typically selects its grantees rather than accepting unsolicited proposals.
J E Lipscomb Jr Trust is headquartered in PITTSBURGH, PA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Pnc Bank N A | TRUSTEE | $33K | $0 | $33K |
Total Giving
$256K
Total Assets
$4.3M
Fair Market Value
$5M
Net Worth
$4.3M
Grants Paid
$218K
Contributions
N/A
Net Investment Income
$83K
Distribution Amount
$230K
Total Grants
4
Total Giving
$906K
Average Grant
$226K
Median Grant
$226K
Unique Recipients
1
Most Common Grant
$209K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Second Presbyterian ChurchGENERAL SUPPORT | Louisville, KY | $218K | 2024 |
WEST CONSHOHOCKEN, PA
LIGONIER, PA
PITTSBURGH, PA