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EIN 58-1368915

Lipscomb Family Foundation

IRS 501(c) type
501(c)(3)
Num. employees
1
City
Minneapolis
State
Minnesota
Year formed
1979
Most recent tax filings
2023-12-01
NTEE code, primary
T20: Private Foundations
Description
The Lipscomb Family Foundation is a private foundation located in Denver, CO that primarily funds operational support. Last year, the foundation made 58 grants to organizations such as the Community Foundation Of Western NC.
Total revenues
$828,588
2023
Total expenses
$996,901
2023
Total assets
$13,263,554
2023
Num. employees
1
2023

Grants made by Lipscomb Family Foundation

GranteeGrant descriptionAmount
Columbia Ymca EndowmentOperational Support$25,000
Homeless No MoreOperational Support$25,000
Educational Advisory FoundationOperational Support$25,000
...and 37 more grants made totalling $373,250

Personnel at Lipscomb Family Foundation

NameTitleCompensation
Margaret FosterExecutive Director$120,000

Financials for Lipscomb Family Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Investment income and dividends$243,174
Net rental income$0
Net gain from sale of non-inventory assets$585,167
Gross sales of inventory$0
Miscellaneous revenues$247
Total revenues$828,588

Form 990s for Lipscomb Family Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-01990PFView PDF
2022-122023-10-18990PFView PDF
2021-122022-08-15990PFView PDF
2020-122021-09-15990PFView PDF
2019-122021-06-14990PFView PDF
...and 8 more Form 990s
Data update history
January 26, 2025
Posted financials
Added Form 990PF for fiscal year 2023
January 12, 2025
Used new vendors
Identified 1 new vendor, including
November 29, 2023
Posted financials
Added Form 990PF for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990PF for fiscal year 2021
May 17, 2023
Updated personnel
Identified 4 new personnel
Nonprofit Types
Grantmaking organizationsPrivate foundationsFamily foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedTax deductible donationsAccepts online donations
General information
Address
5108 W 74th St Box 390024
Minneapolis, MN 55439
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
County
Hennepin County, MN
Website URL
lipscombfoundation.org/ 
Phone
(803) 765-4567
IRS details
EIN
58-1368915
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
1979
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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