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Nonprofit · EIN 23-2932167

MARION BOULTON KIPPY STROUD FOUNDATION

Tax-exempt · PHILADELPHIA, PA 19103

Financials

$2M$2.8M2023$4.1M$3.2M2024
Revenue Expenses · by fiscal year end
Financials of MARION BOULTON KIPPY STROUD FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$4,109,346$3,153,990$955,356$41,944,716$0$41,944,716
December 31, 2023990-PF$2,029,798$2,789,359-$759,561$41,009,515$0$41,009,515
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$1,365,288
Net gain from sales of assets
$2,744,058

Expenses

Grants and similar amounts paid
$2,970,961
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$3,014,016
Excise tax on investment income
$55,757

Balance sheet and other

Total assets, start of year
$41,009,515
Total assets, end of year
$41,944,716
Total liabilities, end of year
$0
Net assets, end of year
$41,944,716
Fair market value of assets
$54,542,009
Qualifying distributions
$3,014,016
Net investment income
$4,109,346

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
ANN T LOFTUS
C/O BALLARD SPAHR LLP 1735 MARKET, ST FL51, PHILADELPHIA, PA 19103
CHAIR.& DIRECTOR1.5$0
OLGA VISO
C/O BALLARD SPAHR LLP 1735 MARKET, ST FL51, PHILADELPHIA, PA 19103
VICE CHAIR. & DIRECTOR1$0
JENNIFER GROSS
C/O BALLARD SPAHR LLP 1735 MARKET, ST FL51, PHILADELPHIA, PA 19103
SECRETARY & DIRECTOR1$0
GAIL HARRITY
C/O BALLARD SPAHR LLP 1735 MARKET, ST FL51, PHILADELPHIA, PA 19103
TREASURER & DIRECTOR1$0
PAULA MARINCOLA
C/O BALLARD SPAHR LLP 1735 MARKET, ST FL51, PHILADELPHIA, PA 19103
DIRECTOR1$0
LISA PHILIPS
C/O BALLARD SPAHR LLP 1735 MARKET, ST FL51, PHILADELPHIA, PA 19103
DIRECTOR1$0
JOHN RAVENAL
C/O BALLARD SPAHR LLP 1735 MARKET, ST FL51, PHILADELPHIA, PA 19103
DIRECTOR1$0
MARK ROSENTHAL
C/O BALLARD SPAHR LLP 1735 MARKET, ST FL51, PHILADELPHIA, PA 19103
DIRECTOR1$0
PATTERSON SIMS
C/O BALLARD SPAHR LLP 1735 MARKET, ST FL51, PHILADELPHIA, PA 19103
DIRECTOR1$0
JACOB VAN HEECKEREN
C/O BALLARD SPAHR LLP 1735 MARKET, ST FL51, PHILADELPHIA, PA 19103
DIRECTOR1$0
990-PF for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
ANN T LOFTUS
C/O BALLARD SPAHR LLP 1735 MARKET, ST FL51, PHILADELPHIA, PA 19103
CHAIR.& DIRECTOR1.5$0
OLGA VISO
C/O BALLARD SPAHR LLP 1735 MARKET, ST FL51, PHILADELPHIA, PA 19103
VICE CHAIR. & DIRECTOR1$0
JENNIFER GROSS
C/O BALLARD SPAHR LLP 1735 MARKET, ST FL51, PHILADELPHIA, PA 19103
SECRETARY & DIRECTOR1$0
GAIL HARRITY
C/O BALLARD SPAHR LLP 1735 MARKET, ST FL51, PHILADELPHIA, PA 19103
TREASURER & DIRECTOR1$0
PAULA MARINCOLA
C/O BALLARD SPAHR LLP 1735 MARKET, ST FL51, PHILADELPHIA, PA 19103
DIRECTOR1$0
LISA PHILIPS
C/O BALLARD SPAHR LLP 1735 MARKET, ST FL51, PHILADELPHIA, PA 19103
DIRECTOR1$0
JOHN RAVENAL
C/O BALLARD SPAHR LLP 1735 MARKET, ST FL51, PHILADELPHIA, PA 19103
DIRECTOR1$0
MARK ROSENTHAL
C/O BALLARD SPAHR LLP 1735 MARKET, ST FL51, PHILADELPHIA, PA 19103
DIRECTOR1$0
PATTERSON SIMS
C/O BALLARD SPAHR LLP 1735 MARKET, ST FL51, PHILADELPHIA, PA 19103
DIRECTOR1$0
JACOB VAN HEECKEREN
C/O BALLARD SPAHR LLP 1735 MARKET, ST FL51, PHILADELPHIA, PA 19103
DIRECTOR1$0

Address and contacts

Address (IRS master file)
BALLARD SPAHR 1735 MARKET ST FL51, PHILADELPHIA, PA 19103-0000
In care of
% A LOFTUS ESQ
Signed the 990-PF
ANN T LOFTUS, CHAIR.
Phone
(215) 864-8175
Return prepared by
BALLARD SPAHR LLP

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
23-2932167
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
1997
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$41,944,716
Income (IRS master file)
$6,452,968

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$4,109,346$3,153,990$41,944,716IRS
990-PFDecember 2023$2,029,798$2,789,359$41,009,515XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2019–––IRS
990-PFDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-2932167).

Questions about MARION BOULTON KIPPY STROUD FOUNDATION

What is the EIN of MARION BOULTON KIPPY STROUD FOUNDATION?
The employer identification number (EIN) of MARION BOULTON KIPPY STROUD FOUNDATION is 23-2932167.
Is MARION BOULTON KIPPY STROUD FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
Are donations to MARION BOULTON KIPPY STROUD FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does MARION BOULTON KIPPY STROUD FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of MARION BOULTON KIPPY STROUD FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MARION BOULTON KIPPY STROUD FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of MARION BOULTON KIPPY STROUD FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 10 people; 0 received compensation from the organization.
How much revenue does MARION BOULTON KIPPY STROUD FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $4,109,346, expenses of $3,153,990 and total assets of $41,944,716 at year end.

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