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Robert U & Mabel O Lipscomb is a private trust based in CHICAGO, IL. The foundation received its IRS ruling in 1985. The principal officer is Jp Morgan Services Inc.. It holds total assets of $1.8M. Annual income is reported at $1.8M. Tax records are available from 2018 to 2024. According to available records, Robert U & Mabel O Lipscomb has made 11 grants totaling $275K, with a median grant of $27K. Annual giving has decreased from $192K in 2023 to $82K in 2024. Individual grants have ranged from $7K to $32K, with an average award of $25K. The foundation has supported 4 unique organizations. Grant recipients are concentrated in Texas. 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.
Robert U & Mabel O Lipscomb is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 11 grants. Its grantmaking reaches organizations primarily in TX.
Robert U & Mabel O Lipscomb has distributed a total of $275K across 11 grants. The median grant size is $27K, with an average of $25K. Individual grants have ranged from $7K to $32K.
Foundation created to support named organizations and agencies that provide eye glasses, hearing aids, and other medical instruments or devices to aid the hearing & sight-impaired in west tx & south nm. An application form is available on the foundation's website.
Robert U & Mabel O Lipscomb is headquartered in CHICAGO, IL.
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Officer and trustee information is not yet available for this foundation. This data is typically reported in Part VIII of the 990-PF filing.
Total Giving
$122K
Total Assets
$1.7M
Fair Market Value
$2.1M
Net Worth
$1.7M
Grants Paid
$82K
Contributions
N/A
Net Investment Income
$27K
Distribution Amount
$99K
Total: $1.7M
Total Grants
11
Total Giving
$275K
Average Grant
$25K
Median Grant
$27K
Unique Recipients
4
Most Common Grant
$32K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| El Paso Baptist ClinicGENERAL | El Paso, TX | $27K | 2024 |
| Diocese Of El PasoGENERAL | El Paso, TX | $27K | 2024 |
| El Paso Museum Of ArtGENERAL | El Paso, TX | $27K | 2024 |
| Opportunity Center For The HomelessGENERAL | El Paso, TX | $7K | 2023 |