EIN 82-1225311

Turning Point Endowment

IRS 501(c) type
501(c)(3)
Num. employees
0
State
Year formed
2017
Most recent tax filings
2022-06-01
Description
Turning Point Endowment (the Organization) is a non-profit organization. The Organizations mission is to support and benefit Turning Point USA NFPs charitable purposes and long-term vitality. Turning Point Endowment is a supporting organization to Turning Point usa.
Related structure
Turning Point Endowment is a subordinate organization under Turning Point USA.
Total revenues
$12,624,532
2022
Total expenses
$398,791
2022
Total assets
$55,992,781
2022
Num. employees
0
2022

Program areas at Turning Point Endowment

Turning Point Endowment is a supporting organization to Turning Point usa ("tpusa"), which is a 501c3 entity with a mission to educate students about the importance of fiscal responsibility, free markets, and capitalism. The organization supports tpusa through contributions and by maintaining investments to support tpusa's long-term vitality.

Who funds Turning Point Endowment

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Turning Point USAAwareness of Traditional American Values$11,000,000
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$44,750
The Petit Family Foundation / Parker Petit TteeDonation for General Funds$25,000

Personnel at Turning Point Endowment

NameTitleCompensation
Jim HoldenSecretary and Treasurer$0
Charles KirkPresident$0
William MontgomerySecretary$0

Financials for Turning Point Endowment

RevenuesFYE 06/2022
Total grants, contributions, etc.$11,043,050
Program services$0
Investment income and dividends$1,556,832
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$24,650
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$12,624,532

Form 990s for Turning Point Endowment

Fiscal year endingDate received by IRSFormPDF link
2022-062023-05-15990View PDF
2020-062021-05-25990View PDF
2019-062021-01-21990View PDF
2018-062019-10-12990View PDF
2017-062018-10-16990View PDF
Data update history
July 9, 2023
Posted financials
Added Form 990 for fiscal year 2022
May 13, 2023
Received grants
Identified 1 new grant, including a grant for $18,825,000 from Turning Point USA
August 21, 2021
Posted financials
Added Form 990 for fiscal year 2019
July 16, 2021
Posted financials
Added Form 990 for fiscal year 2020
June 23, 2021
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Grantmaking organizationsHuman service organizationsFamily service centersChapter / child organizationsCharities
Issues
Human services
Characteristics
Endowed supportTax deductible donationsNo full-time employees
General information
Address
4940 E Beverly Rd
Phoenix, AZ 85044
Metro area
Phoenix-Mesa-Chandler, AZ
County
Maricopa County, AZ
Phone
(844) 872-1776
IRS details
EIN
82-1225311
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2017
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
P50: Personal Social Services
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Subordinate organization
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