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Nonprofiteer
← LIPPINCOTT FAMILY FOUNDATION INC

Form 990 for tax year 2024

Filed by LIPPINCOTT FAMILY FOUNDATION INC.

Totals

Total revenue
$6,620,227
Total expenses
$146,491
Contributions and grants received
$6,553,871
Grants paid
$110,600
Program service revenue
$0
Investment income
$66,356
Other revenue
$0
Total assets, end of year
$7,678,201
Total liabilities, end of year
$5,000
Net assets or fund balances, end of year
$7,673,201
Program services expenses (Part IX)
$110,600
Management and general expenses
$35,891
Fundraising expenses
$0
Program service expenses (Part III)
$110,600

Program services were 75.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1d · Related organizations

    $1,350,134

  • 1f · All other contributions, gifts and grants

    $5,203,737

  • 1g · Noncash contributions included above

    $6,095,618

  • 3 · Investment income

    total $53,948 · excluded $53,948

  • 7a · Gross sales of assets other than inventory

    securities $12,408

  • 7b · Less cost or other basis and sales expenses

    securities $0

  • 7c · Gain or loss

    securities $12,408

  • 7d · Net gain or loss

    total $12,408 · excluded $12,408

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $110,600 · program services $110,600

  • 11a · Fees: management

    total $30,833 · management and general $30,833

  • 11b · Fees: legal

    total $9 · management and general $9

  • 11f · Fees: investment management

    total $4,844 · management and general $4,844

  • 11g · Fees: other

    total $205 · management and general $205

Balance sheet

Part X, book values.

  • 11 · Investments: publicly traded securities

    beginning of year $1,116,477 · end of year $7,678,201

  • 18 · Grants payable

    beginning of year $750 · end of year $5,000

  • 27 · Net assets without donor restrictions

    beginning of year $1,115,727 · end of year $7,673,201

Mission and programs · 2024

Mission

TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF THE ARIZONA COMMUNITY FOUNDATION, AN AZ NONPROFIT CORPORATION, SO LONG AS THE ARIZONA COMMUNITY FOUNDATION, INC. REMAINS A QUALIFIED ORGANIZATION.

  • GRANTS TO CHARITABLE ORGANIZATIONS IN SUPPORT OF THE PURPOSES OF THE ARIZONA COMMUNITY FOUNDATION, INC.

    Expenses $110,600 · Grants $110,600

As filed on the 2024 return.

Listed in Part VII

  • Michael Debell

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Ann Lippincott

    CHAIR

    Total calculated
    $0
    Hours/week
    1
  • David Arkules

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Janet Mitchell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Vicki Ruby

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Anna Maria Chavez

    PRESIDENT

    Total calculated
    $594,208
    From this org
    $0
    From related orgs
    $572,500
    Other
    $21,708
    Hours/week
    1 + 45 related

    Schedule J breakdown matched by us

    Base
    $0 + $510,000 related
    Bonus
    $0 + $62,500 related
    Other
    $0
    Deferred
    $0 + $20,700 related
    Nontaxable benefits
    $0 + $1,008 related
    Filer's total
    $0 + $594,208 related
  • Stehanie Harrer

    SECRETARY & TREASURER

    Total calculated
    $155,931
    From this org
    $0
    From related orgs
    $147,065
    Other
    $8,866
    Hours/week
    1 + 45 related

    Schedule J breakdown matched by us

    Base
    $0 + $145,565 related
    Bonus
    $0 + $1,500 related
    Other
    $0
    Deferred
    $0 + $8,314 related
    Nontaxable benefits
    $0 + $552 related
    Filer's total
    $0 + $155,931 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

  • DESIGNATED SUPPORT TOWARDS PERSONNEL EXPENSES FOR A PART-TIME COORDINATOR TO EXPAND THE HIGH SCHOOL MENTAL HEALTH EDUCATION PROGRAM AND INTEGRATE STUDENT-LED WELLNESS CONNECT ION CLUBS IN LOCAL HIGH SCHOOLS

  • DESIGNATED SUPPORT FOR THE WOMENS ALUMNI NETWORK (WAN), FOR VOCATIONAL INTERVENTION AND SUPPORT, ALONG WITH WORKSHOPS AND ACTIVITIES FOR CHILDREN DURING WAN EVENTS AND MEETINGS

  • DESIGNATED SUPPORT TOWARDS PERSONNEL EXPENSES FOR THE SPANISH/ENGLISH BILINGUAL DIGITAL LITERACY PROGRAM MANAGER, NEW CONTENT, AND PROVIDING ONE-ON ONE COACHING SUPPORT

  • DESIGNATED SUPPORT TOWARDS A PORTION OF UNRESTRICTED SCHOLARSHIPS FOR 10 LOW-INCOME SINGLE MOM COLLEGE STUDENTS AT $5,000 EACH

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • A&C LAKESIDE INV

    INVESTMENT · AZ

  • CASSIDY CHARITABLE LP

    INVESTMENT · AZ

  • FTP HOLDINGS LLC

    INVESTMENT · AZ

  • LIBERTY INVESTMENTS LLLP

    INVESTMENT · AZ

  • PEDERSON POSSE LLC SERIES A

    INVESTMENT · AZ

  • PEDERSON POSSE LLC SERIES B

    INVESTMENT · AZ

Provenance

Return type
form_990
Tax year
2024
Filed
10 February 2026
IRS schema version
2024v5.5
Source object
202640449349302279

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