Blanche Lipscomb Foundation Inc 26-28164
Blanche Lipscomb Foundation Inc is a private grantmaking foundation based in Atlanta, Georgia. The organization is designated as a 501(c)(3) tax-exempt entity and has been operating since August 1949. The foundation is located at 191 Peachtree Street NE, Suite 2000, Atlanta, GA 30303.
Key facts about Blanche Lipscomb Foundation Inc 26-28164
In short: Blanche Lipscomb Foundation Inc 26-28164 gave $225K across 16 grants in 2024 (avg $14K), mostly in Georgia. 25% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- EIN
- 58-6033155
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $225,000
- Grants made (2024)
- 16
- Average grant
- $14,063
- Median grant
- $10,000
- New grantees (estimate)
- 25% first-time grantees (4 of 16, 2024)
- Total assets
- $5,905,754
- Primary geography
- Georgia (91% of itemized 2024 grant dollars)
- Accepts unsolicited proposals
- No
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.9M
+235.4% YoY
Annual Giving
$225K
+0.0% YoY
Grant Count
16
+6.7% YoY
Avg Grant Size
$14K
-6.3% YoY
Under IRS private-foundation payout rules, Blanche Lipscomb Foundation Inc 26-28164 reported a distributable amount of $391K for 2024 — the minimum it must pay out in qualifying distributions.
Is Blanche Lipscomb Foundation Inc 26-28164 open to new grantees?
25%
first-time grantees, 2024
In 2024, 4 of 16 grantees (25%) were first-time recipients. First grants averaged $29K; repeat grants $9K. How we count
Medians: $23K first-time, $10K repeat.
- 75% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+13%). Method
- In 2024 it paid out 64% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Grantmaking
The foundation distributes approximately $220,000 annually through its grantmaking activities. Based on recent filing data:
Grant Range
** $5,000 to $45,000
Ready to take the next step with Blanche Lipscomb Foundation Inc 26-28164?
Geographic Focus
Where this funder awards grants
The foundation restricts its grantmaking to in-state recipients in Georgia.
Grant Distribution by State
Share of all 16 itemized 2024 grant dollars.
Cities
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
70 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| BEARINGS BIKE WORKS INC Atlanta, GA | GENERAL | $50,000 |
| JUMPSTART AUTOMOTIVE TRAINING CENTER Atlanta, GA | GENERAL | $25,000 |
| CONCRETE JUNGLE INC East Point, GA | GENERAL | $20,000 |
| GOOD SAMARITAN HEALTH CENTER St Augustine, FL | GENERAL | $20,000 |
| ROBERT W WOODRUFF ARTS CENTER Atlanta, GA | GENERAL | $15,000 |
| AGAPE Atlanta, GA | GENERAL | $10,000 |
| ATLANTA AREA COUNCIL BOY SCOUTS OF AMERICA Atlanta, GA | GENERAL | $10,000 |
| ATLANTA MISSION Atlanta, GA | GENERAL | $10,000 |
| FERNBANK MUSEUM Atlanta, GA | GENERAL | $10,000 |
| GEORGIA WORKS Atlanta, GA | GENERAL | $10,000 |
Financial History
Multi-year comparison from IRS filings
2022 Financial Summary:
- Total Assets: $1,741,387
- Total Giving: $220,000
- Revenue: $2,330
- Expenses: $246,000
- Total Liabilities: $0
The foundation files Form 990-PF with the IRS annually.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $5,905,754 | $1,761,047 | $1,741,387 |
| Revenue | $14,540 | $11,514 | $2,325 |
| Expenses | $271,800 | $256,490 | $246,100 |
| Qualifying Distributions | $248,400 | $238,245 | $227,300 |
| Net Investment Income | $1,874,402 | $148,758 | — |
| Distributable Amount | $390,669 | $202,690 | $217,433 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Blanche Lipscomb Foundation Inc 26-28164 is led by Richard A. Oglesby Jr., President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Richard A. Oglesby Jr.
President
On filings since 2020
1 hr/week
No compensation reported
Florida Ellis Huff
Vice President
On filings since 2020
1 hr/week
No compensation reported
Wd Ellis Jr.
Secretary
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Blanche Lipscomb Foundation Inc 26-28164
How much does Blanche Lipscomb Foundation Inc 26-28164 give each year?
Blanche Lipscomb Foundation Inc 26-28164 gave $225K across 16 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $225K across 15 grants.
What is Blanche Lipscomb Foundation Inc 26-28164's typical grant size?
Blanche Lipscomb Foundation Inc 26-28164's median grant in 2024 was $10,000, and its average grant was $14,063, across 16 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Blanche Lipscomb Foundation Inc 26-28164 that year got $29K on average.
Where does Blanche Lipscomb Foundation Inc 26-28164 give grants?
Blanche Lipscomb Foundation Inc 26-28164 gives mostly in Georgia: 91% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Florida (9%). The most frequent recipient cities were Atlanta, GA (14 grants).
Does Blanche Lipscomb Foundation Inc 26-28164 give general operating support?
Yes: 100% of Blanche Lipscomb Foundation Inc 26-28164's 2024 grants with a stated purpose (16 of 16) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Blanche Lipscomb Foundation Inc 26-28164's largest grantees?
Blanche Lipscomb Foundation Inc 26-28164's largest 2024 grantees include Bearings Bike Works Inc ($50,000), Jumpstart Automotive Training Center ($25,000) and Concrete Jungle Inc ($20,000), according to its 2024 IRS Form 990-PF. Together they received 42% of its itemized 2024 grant dollars.
How large is Blanche Lipscomb Foundation Inc 26-28164?
Blanche Lipscomb Foundation Inc 26-28164 reported $5.9M in total assets on its 2024 IRS Form 990-PF. It paid out $248K in qualifying distributions that year, against a required minimum of $391K (roughly 5% of its investment assets).
How do I apply for a grant from Blanche Lipscomb Foundation Inc 26-28164?
The foundation distributes approximately $220,000 annually through its grantmaking activities. Based on recent filing data: • **Total Assets:** $1,741,387 (as of 2022) • **Annual Giving:** $220,000 • **Number of Grants:** 14 grants annually • **Grant Range:** $5,000 to $45,000 • **Median Grant Size:** $10,000 • **Giving Rate:** 12.6% of assets The foundation does not accept unsolicited applications and operates on an invite-only basis for grant proposals.
What is Blanche Lipscomb Foundation Inc 26-28164's EIN?
Blanche Lipscomb Foundation Inc 26-28164's EIN (Employer Identification Number) is 58-6033155. IRS Form 990 filing data is available on this page for 2020–2024.
Does Blanche Lipscomb Foundation Inc 26-28164 accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
Here's the math on researching Blanche Lipscomb Foundation Inc 26-28164 by hand.
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