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Lipe Foundation is a private corporation based in SAINT LOUIS, MO. The foundation received its IRS ruling in 2005. The principal officer is Wachovia Bank Nc6732. It holds total assets of $637K. Annual income is reported at $287K. 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 2020 to 2023. The foundation primarily funds organizations in North Carolina and Florida. According to available records, Lipe Foundation has made 3 grants totaling $36K, with a median grant of $9K. Individual grants have ranged from $9K to $18K, with an average award of $12K. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in North Carolina and Florida. Contributions to this foundation are tax-deductible.
Smallest Grant
$8K
Median Grant
$8K
Average Grant
$11K
Largest Grant
$16K
Based on 3 grants from the most recent 990-PF filing.
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.
Lipe Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in NC, FL.
Lipe Foundation has distributed a total of $36K across 3 grants. The median grant size is $9K, with an average of $12K. Individual grants have ranged from $9K to $18K.
Lipe Foundation typically selects its grantees rather than accepting unsolicited proposals.
Lipe Foundation is headquartered in SAINT LOUIS, MO. While based in MO, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Wells Fargo Bank N A | TRUSTEE | $12K | $0 | $12K |
Total Giving
$46K
Total Assets
$643K
Fair Market Value
$716K
Net Worth
$643K
Grants Paid
$34K
Contributions
N/A
Net Investment Income
$10K
Distribution Amount
$34K
Total Grants
3
Total Giving
$36K
Average Grant
$12K
Median Grant
$9K
Unique Recipients
3
Most Common Grant
$9K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Crossnore Communities For ChildrenGENERAL OPERATING | Crossnore, NC | $18K | 2022 |
| Shriners Hospital For ChildrenGENERAL OPERATING | Orlando, FL | $9K | 2022 |
| Masonic Home For Children At OxfordGENERAL OPERATING | Oxford, NC | $9K | 2022 |