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Lipscomb Family Foundation is a private corporation based in MINNEAPOLIS, MN. The foundation received its IRS ruling in 1979. It holds total assets of $14.1M. Annual income is reported at $5.7M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Lipscomb Family Foundation has made 301 grants totaling $3.5M, with a median grant of $10K. The foundation has distributed between $655K and $1.4M annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $1.4M distributed across 120 grants. Individual grants have ranged from $440 to $112K, with an average award of $12K. The foundation has supported 105 unique organizations. The foundation primarily supports organizations in South Carolina, North Carolina, Georgia, which account for 91% of all grants. Grantmaking reaches organizations across 12 states. Contributions to this foundation are tax-deductible.
Lipscomb Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 301 grants. Its grantmaking reaches organizations primarily in SC, NC, GA.
Lipscomb Family Foundation has distributed a total of $3.5M across 301 grants. The median grant size is $10K, with an average of $12K. Individual grants have ranged from $440 to $112K.
The application deadline is FEBRUARY 1 AND SEPTEMBER 1. GEOGRAPHIC FOCUS: MIDLANDS OF SOUTH CAROLINA MISSION: THE POSITIVE DEVELOPMENT OF YOUTH.
Lipscomb Family Foundation is headquartered in MINNEAPOLIS, MN. While based in MN, the foundation distributes grants to organizations across 12 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Margaret Foster | EXECUTIVE DIRECTOR | $120K | $0 | $130K |
| Georgia L Cheek | TREASURER | $5K | $0 | $5K |
| Louise L Howell | TRUSTEE | $5K | $0 | $5K |
| Elizabeth L Tracy | TRUSTEE | $5K | $0 | $5K |
| Marshall Foster | PRESIDENT | $5K | $0 | $5K |
Total Giving
$997K
Total Assets
$13.3M
Fair Market Value
$16.1M
Net Worth
$13.3M
Grants Paid
$655K
Contributions
$0
Net Investment Income
$675K
Distribution Amount
$742K
Total: $13M
Total Grants
301
Total Giving
$3.5M
Average Grant
$12K
Median Grant
$10K
Unique Recipients
105
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| ThornwellOperational Support | Clinton, SC | $12K | 2023 |
| Community Foundation Of Western NcOperational Support | Asheville, NC | $100K | 2023 |
| Educational Advisory FoundationOperational Support | Atlanta, GA | $25K | 2023 |
| Homeless No MoreOperational Support | Columbia, SC | $25K | 2023 |
| Ymca Of ColumbiaOperational Support | Columbia, SC | $25K |
| Christopher Cheek |
| VICE PRESIDENT |
| $5K |
| $0 |
| $5K |
| Charlie Mather | TRUSTEE | $5K | $0 | $5K |
| Ben Cheek | TRUSTEE | $4K | $0 | $4K |
| Austin Howell | TRUSTEE | $2K | $0 | $2K |
| Savannah Tracy | SECRETARY | $0 | $0 | $0 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2015 | 990PF | View |
| 2023 |
| Young LifeOperational Support | Asheville, NC | $20K | 2023 |
| SistercareOperational Support | Cayce, SC | $18K | 2023 |
| Usc Educational FoundationOperational Support | Columbia, SC | $18K | 2023 |
| The Therapy PlaceOperational Support | Columbia, SC | $15K | 2023 |
| Sc Governor'S School For Science & MathOperational Support | Hartsville, SC | $15K | 2023 |
| Camp Cole FoundationOperational Support | Columbia, SC | $15K | 2023 |
| Junior AchievementOperational Support | Colorado Springs, CO | $15K | 2023 |
| Columbia Museum Of ArtOperational Support | Columbia, SC | $15K | 2023 |
| Sc Governor'S School For The ArtsOperational Support | Greenville, SC | $15K | 2023 |
| Koinonia Of ColumbiaOperational Support | Columbia, SC | $13K | 2023 |
| Universal Community Improvement OrgOperational Support | Irmo, SC | $12K | 2023 |
| Boy Scouts Indian Waters CouncilOperational Support | Columbia, SC | $12K | 2023 |
| Nurturing CenterOperational Support | Columbia, SC | $12K | 2023 |
| Boys And Girls Club Of The MidlandsOperational Support | Columbia, SC | $12K | 2023 |
| Serve & ConnectOperational Support | Columbia, SC | $12K | 2023 |
| Growing Home SoutheastOperational Support | Cayce, SC | $10K | 2023 |
| Bounty & SoulOperational Support | Black Mountain, NC | $10K | 2023 |
| Charleston Collegiate SchoolOperational Support | Johns Island, SC | $10K | 2023 |
| Children'S Attention HomeOperational Support | Rock Hill, SC | $10K | 2023 |
| United Way Of The MidlandsOperational Support | Columbia, SC | $10K | 2023 |
| Richland County Public Library FoundationOperational Support | Columbia, SC | $10K | 2023 |
| Power In ChangingOperational Support | Columbia, SC | $10K | 2023 |
| Mirci-Mental Illness Recovery Center IncOperational Support | Columbia, SC | $10K | 2023 |
| Dyslexia Resource CenterOperational Support | Baton Rouge, LA | $10K | 2023 |
| Etv Endowment Of ScOperational Support | Spartanburg, SC | $10K | 2023 |
| Healing SpeciesOperational Support | Orangeburg, SC | $10K | 2023 |
| Beautiful Gate CenterOperational Support | N Charleston, SC | $8K | 2023 |
| Boys FarmOperational Support | Newberry, SC | $8K | 2023 |
| Act Up DramaOperational Support | Camden, SC | $8K | 2023 |
| EdventureOperational Support | Columbia, SC | $8K | 2023 |
| Historic Columbia FoundationOperational Support | Columbia, SC | $7K | 2023 |
| Legacies BuiltOperational Support | Columbia, SC | $6K | 2023 |
| Black Mountain Counseling CenterOperational Support | Black Mountain, NC | $6K | 2023 |
| Re-Source Solutions FoundationOperational Support | Columbia, SC | $6K | 2023 |
| Reading PartnersOperational Support | N Charleston, SC | $5K | 2023 |
| Harvest Hope Food BankOperational Support | Greenville, SC | $5K | 2023 |
| Wings For KidsOperational Support | Charleston, SC | $5K | 2023 |
| Palmetto Place Children'S ShelterOperational Support | Columbia, SC | $5K | 2023 |
| Mars Hill UniversityOperational Support | Mars Hill, NC | $5K | 2023 |
| Child Advocates - Denver CasaOperational Support | Denver, CO | $5K | 2023 |
| Dream Catchers FoundationOperational Support | Columbia, SC | $5K | 2023 |
| Ezekiel MinistriesOperational Support | Columbia, SC | $5K | 2023 |
| Daystar Counseling MinistriesOperational Support | Nashville, TN | $5K | 2023 |
| East Cooper Community OutreachOperational Support | Mt Pleasant, SC | $5K | 2023 |
| Lowcountry Orphan ReliefOperational Support | North Charleston, SC | $5K | 2023 |
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