Mary Cross Tippmann Foundation Charitable Trust
93% goes to programs $0 to raise $100 Strong reserves Growing revenue
Mary Cross Tippmann Foundation Charitable Trust is a 501(c)(3) organization based in Fort Wayne, Indiana, registered in 1998, with $8,738,776 in FY2024 revenue. CharityIndex grades it A, and it directs about 93% of spending to programs.
9009 Coldwater Road, Fort Wayne, IN, 46825 EIN 35-6665908 Since 1998
Revenue (FY2024)
$8.7M
▲ 42214.6% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$8.7M
Net assets
$187.5M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
A+Program efficiency40% of the rating93% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Mary Cross Tippmann Foundation Charitable Trust: 93% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
B+Financial health25% of the rating257 mo reserves · -0% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Mary Cross Tippmann Foundation Charitable Trust: 257 mo reserves · -0% margin earns a B+ on this criterion. See the exact thresholds →
AGovernance25% of the rating5 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Mary Cross Tippmann Foundation Charitable Trust: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Mary Cross Tippmann Foundation Charitable Trust: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To support public charities
Contact & location
- Address
- 9009 Coldwater Road, Fort Wayne, IN, 46825
- City
- Fort Wayne
- State
- Indiana
- Subcategory
- Private Foundations
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $11.1M (FY2020) to $8.7M (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $181KNet assets $187.5M
Operating margin
-0.1%
Spent more than it raised in the latest fiscal year.
Total assets
$187.7M
Total liabilities
$181K
Net assets
$187.5M
Salaries & benefits
$116K
1% of expenses
Board members
12
12 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $8,738,776▲42215% | $8,746,133▲5.5% | $187,522,434 | $187,703,008 | 990 |
| 2023 | -$20,750▼100% | $8,291,667▲42.7% | $187,529,791▼4.2% | $187,704,979▼4.2% | 990 |
| 2022 | $81,846,413▲1283% | $5,810,465▲9.4% | $195,842,208▲63.5% | $195,913,599▲63.4% | 990 |
| 2021 | $5,918,623▼46.7% | $5,313,313▲26.7% | $119,806,260▲0.5% | $119,867,301▲0.5% | 990 |
| 2020 | $11,097,731 | $4,193,628 | $119,200,951 | $119,249,811 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Cheryl Chalfant Mla — $107,215 (1.23% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Cheryl Chalfant Mla | Executive Director | 40 | $107,215 |
| Bobby Williams | Trustee | 1 | — |
| Carl Minick | Trustee | 1 | — |
| Chris Stroud | Trustee | 1 | — |
| Chris Tippmann | Trustee | 1 | — |
| Jacob Runyon | Trustee | 1 | — |
| Joe Wharton | Trustee | 1 | — |
| John V Tippmann Jr | President | 1 | — |
| John V Tippmann Sr | Chairman | 1 | — |
| Katie Burns | Secretary | 1 | — |
| Kevin Joyce | Vice President | 1 | — |
| Nick Gray | Treasurer | 1 | — |
| Randy Kammeyer | Trustee | 1 | — |
| William D Swift | Trustee (thru 2/16/24) | 1 | — |
Grants made · $8.2M in FY2024
95 grants totaling $8.2M in FY2024 — showing the 15 largest. All grants made by Mary Cross Tippmann Foundation Charitable Trust →
| Recipient | Purpose | Amount |
|---|---|---|
| Cultivate Culinary School and Catering Inc | General operating funds | $750,000 |
| Womens Care Center Inc | General operating | $580,000 |
| St Adalbert Catholic Church | General operating funds | $500,000 |
| Catholic Church Extension Society of Us of Amer | General operating | $485,000 |
| Bishop Luers High School | General operating | $352,500 |
| Catholic Relief Services | General operating | $350,000 |
| Bishop Dwenger High School | General operating | $340,000 |
| Covenant Christian School | General operating funds | $250,000 |
| St John the Baptist Catholic Church South Bend | General operating | $250,000 |
| The Fort Wayne Rescue Mission Ministries Inc | General operating | $240,000 |
| Our Lady of Good Hope Congregation | General operating | $220,000 |
| Lutheran South Association Inc | General operating funds | $200,000 |
| Fort Wayne Society of St Vincent Depaul Inc | General operating funds | $196,500 |
| Vincent Village Inc | General operating funds | $192,500 |
| Bridge of Grace Inc | General operating | $187,500 |
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Compare Mary Cross Tippmann Foundation Charitable Trust
Frequently asked questions
- Is Mary Cross Tippmann Foundation Charitable Trust a legitimate nonprofit?
- Yes. Mary Cross Tippmann Foundation Charitable Trust is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 35-6665908, based in Fort Wayne, Indiana. Donations are tax-deductible.
- What is Mary Cross Tippmann Foundation Charitable Trust's EIN?
- Mary Cross Tippmann Foundation Charitable Trust's Employer Identification Number (EIN) is 35-6665908.
- How much revenue does Mary Cross Tippmann Foundation Charitable Trust report?
- Mary Cross Tippmann Foundation Charitable Trust reported $8,738,776 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Mary Cross Tippmann Foundation Charitable Trust's spending goes to programs?
- Mary Cross Tippmann Foundation Charitable Trust spends about 93% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Mary Cross Tippmann Foundation Charitable Trust have?
- CharityIndex grades Mary Cross Tippmann Foundation Charitable Trust A, based on program efficiency and fundraising cost.
- How much does Mary Cross Tippmann Foundation Charitable Trust's highest-paid employee make?
- The highest reported compensation on Mary Cross Tippmann Foundation Charitable Trust's latest Form 990 is $107,215, paid to Cheryl Chalfant Mla (Executive Director).
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Data for Mary Cross Tippmann Foundation Charitable Trust (EIN 35-6665908) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.