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Nonprofit · EIN 46-2943706

JANE AND ARTHUR FLIPPO ENDOWMENT FOUNDATION

Tax-exempt · RICHMOND, VA 23230

Financials

$221K$115K2023$399K$220K2024
Revenue Expenses · by fiscal year end
Financials of JANE AND ARTHUR FLIPPO ENDOWMENT FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$398,946$219,540$179,406$13,175,539$0$13,175,539
December 31, 2023990$220,988$115,016$105,972$13,373,527$0$13,373,527
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$38,483
Other revenue
$360,463

Expenses

Grants and similar amounts paid
$141,678
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$11,084
Program services (functional)
$141,678
Management and general (functional)
$77,862

Balance sheet and other

Total assets, start of year
$13,373,527
Total assets, end of year
$13,175,539
Total liabilities, end of year
$0
Net assets, end of year
$13,175,539
Net assets without donor restrictions
$13,175,539
Gross unrelated business income
$360,463
Gross receipts
$398,946
Employees
0
Volunteers
6
Year formed
2013
State of legal domicile
VA

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 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
SHERRIE ARMSTRONGTREASURER
Trustee or director, Officer
0.5$0$443,614$57,284
SYLVIA S ACORSCHAIR
Trustee or director, Officer
1$0$0$0
ANNE G CROSSSECRETARY
Trustee or director, Officer
0.5$0$0$0
GRAYSON S JOHNSONAPPOINTED DIRECTOR
Trustee or director
0.5$0$0$0
J FRANKLIN JONES JRLEGACY DIRECTOR
Trustee or director
0.5$0$0$0
FARHAD AGHDAMIAPPOINTED DIRECTOR
Trustee or director
0.5$0$0$0
NORMAN L LONGLEGACY DIRECTOR
Trustee or director
0.5$0$0$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
SHERRIE ARMSTRONGTREASURER
Trustee or director, Officer
0.5$0$484,280$64,424
FARHAD AGHDAMIAPPOINTED DIRECTOR
Trustee or director
0.5$0$0$0
ANNE G CROSSSECRETARY
Trustee or director, Officer
0.5$0$0$0
GRAYSON S JOHNSONAPPOINTED DIRECTOR
Trustee or director
0.5$0$0$0
J FRANKLIN JONES JRLEGACY DIRECTOR
Trustee or director
0.5$0$0$0
NORMAN L LONGLEGACY DIRECTOR
Trustee or director
0.5$0$0$0
SYLVIA S ACORSCHAIR
Trustee or director, Officer
1$0$0$0

Address and contacts

Address (IRS master file)
3409 MOORE ST, RICHMOND, VA 23230-4443
Principal officer (990 for 2024)
SHERRIE ARMSTRONG, 3409 MOORE STREET, RICHMOND, VA 23230
Signed the 990
SHERRIE ARMSTRONG, TREASURER
Phone
(804) 330-7400
Return prepared by
BROWN EDWARDS & COMPANY LLP

Mission

THE FOUNDATION SUPPORTS LITERARY, SCIENTIFIC, AND EDUCATIONAL PROGRAMS, WITH PREFERENCE GIVEN TO ORGANIZATIONS PRINCIPALLY SERVING HANOVER, CAROLINE AND KING WILLIAM COUNTIES.

990 for the year ended December 31, 2024

Program accomplishments

  • THE FOUNDATION SUPPORTS LITERARY, SCIENTIFIC, AND EDUCATIONAL PROGRAMS, WITH PREFERENCE GIVEN TO ORGANIZATIONS PRINCIPALLY SERVING HANOVER, CAROLINE AND KING WILLIAM COUNTIES.
    Expenses $141,678 · grants $141,678

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. 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 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
46-2943706
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type I
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2014
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$13,175,539
Income (IRS master file)
$398,946

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$398,946$219,540$13,175,539XML
990-TDecember 2024–––IRS
990December 2023$220,988$115,016$13,373,527XML
990-TDecember 2023–––IRS
990December 2022$933,645$127,517$13,479,020IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 2020–––IRS
990December 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 46-2943706).

Questions about JANE AND ARTHUR FLIPPO ENDOWMENT FOUNDATION

What is the EIN of JANE AND ARTHUR FLIPPO ENDOWMENT FOUNDATION?
The employer identification number (EIN) of JANE AND ARTHUR FLIPPO ENDOWMENT FOUNDATION is 46-2943706.
Is JANE AND ARTHUR FLIPPO ENDOWMENT FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to JANE AND ARTHUR FLIPPO ENDOWMENT FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does JANE AND ARTHUR FLIPPO ENDOWMENT FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of JANE AND ARTHUR FLIPPO ENDOWMENT 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 JANE AND ARTHUR FLIPPO ENDOWMENT FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of JANE AND ARTHUR FLIPPO ENDOWMENT FOUNDATION?
The 990 for the year ended December 31, 2024 names SHERRIE ARMSTRONG.
Who are the officers and directors of JANE AND ARTHUR FLIPPO ENDOWMENT FOUNDATION?
The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
How much revenue does JANE AND ARTHUR FLIPPO ENDOWMENT FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $398,946, expenses of $219,540 and total assets of $13,175,539 at year end.

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