Skip to main content

Nonprofit · EIN 34-7206415

RUTH LILLY PHILANTHROPIC FOUNDATION

Also known as 20000110730

Tax-exempt · WILMINGTON, DE 19808

Financials

$5M$5.9M2023$7.7M$7.1M2024
Revenue Expenses · by fiscal year end
Financials of RUTH LILLY PHILANTHROPIC FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$7,656,153$7,089,749$566,404$90,591,775$0$90,591,775
December 31, 2023990-PF$5,034,545$5,906,166-$871,621$87,032,273$0$87,032,273
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$2,833,709
Net gain from sales of assets
$4,819,798
Other income
$2,646

Expenses

Grants and similar amounts paid
$5,670,823
Compensation of officers, directors and key employees
$709,921
Disbursements for charitable purposes
$6,290,164
Excise tax on investment income
$95,674

Balance sheet and other

Total assets, start of year
$87,032,273
Total assets, end of year
$90,591,775
Total liabilities, end of year
$0
Net assets, end of year
$90,591,775
Fair market value of assets
$130,200,817
Qualifying distributions
$6,290,164
Net investment income
$7,630,144

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
ARDEN TRUST COMPANY
2711 CENTERVILLE ROAD STE 200, WILMINGTON, DE 19808
TRUSTEE1$259,921
JOSIAH LILLY V
2711 CENTERVILLE ROAD STE 200, WILMINGTON, DE 19808
TRUSTEE1$165,000
JOSIAH LILLY IV
2711 CENTERVILLE ROAD STE 200, WILMINGTON, DE 19808
TRUSTEE1$135,000
MEGAN MARSAC
2711 CENTERVILLE ROAD STE 200, WILMINGTON, DE 19808
COMMITTEE MEMBER1$75,000
GEORGE LILLY
2711 CENTERVILLE ROAD STE 200, WILMINGTON, DE 19808
COMMITEE MEMBER1$75,000
990-PF for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
ARDEN TRUST COMPANY
500 DELAWARE AVENUE SUITE 900, WILMINGTON, DE 19801
TRUSTEE1$223,245
JOSIAH LILLY V
500 DELAWARE AVENUE SUITE 900, WILMINGTON, DE 19801
TRUSTEE1$165,000
JOSIAH LILLY IV
500 DELAWARE AVENUE SUITE 900, WILMINGTON, DE 19801
TRUSTEE1$135,000
MEGAN MARSAC
500 DELAWARE AVENUE SUITE 900, WILMINGTON, DE 19801
COMMITTEE MEMBER1$75,000
GEORGE LILLY
500 DELAWARE AVENUE SUITE 900, WILMINGTON, DE 19801
COMMITEE MEMBER1$75,000

Address and contacts

Address (IRS master file)
2711 CENTERVILLE RD STE 200, WILMINGTON, DE 19808-1646
In care of
% PNC BANK NA
Signed the 990-PF
ARDEN TRUST COMPANY, TRUSTEE
Phone
(302) 246-5400
Return prepared by
KPMG 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
34-7206415
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
2008
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$90,591,775
Income (IRS master file)
$28,762,349

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$7,656,153$7,089,749$90,591,775XML
990-TDecember 2024–––IRS
990-PFDecember 2023$5,034,545$5,906,166$87,032,273XML
990-TDecember 2023–––IRS
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-TDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-TDecember 2020–––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 34-7206415).

Questions about RUTH LILLY PHILANTHROPIC FOUNDATION

What is the EIN of RUTH LILLY PHILANTHROPIC FOUNDATION?
The employer identification number (EIN) of RUTH LILLY PHILANTHROPIC FOUNDATION is 34-7206415.
Is RUTH LILLY PHILANTHROPIC FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
Are donations to RUTH LILLY PHILANTHROPIC FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does RUTH LILLY PHILANTHROPIC FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of RUTH LILLY PHILANTHROPIC 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 RUTH LILLY PHILANTHROPIC 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 RUTH LILLY PHILANTHROPIC FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 5 people; 5 received compensation from the organization, the highest $259,921 (ARDEN TRUST COMPANY, TRUSTEE).
How much revenue does RUTH LILLY PHILANTHROPIC FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $7,656,153, expenses of $7,089,749 and total assets of $90,591,775 at year end.

Other nonprofits in WILMINGTON

All nonprofits in WILMINGTON · Delaware · Philanthropy, voluntarism and grantmaking foundations