Culp Family Foundation

Private foundation · Grantmaker McLean, VA EIN: 45-5394566

Culp Family Foundation is a private foundation based in McLean, Virginia. It makes grants to charitable organizations; its 2025 filing states that it contributes only to preselected organizations and does not accept unsolicited requests.

Culp Family Foundation at a glance

In short: Culp Family Foundation gave $2.7M across 13 grants in 2025 (avg $208K), mostly in Maryland. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$2,701,490
+16.8% vs 2024
Grants made (2025)
13
-27.8% vs 2024
Average grant
$207,807
+61.7% vs 2024
Median grant
$100,000
Total assets
$38,460,111
+9.7% vs 2024
Primary geography
Maryland (75% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

How to apply to Culp Family Foundation

Accepts unsolicited proposals
No
How to Apply

The foundation does not accept unsolicited requests. It makes contributions only to preselected charitable organizations.

Contact

Mailing address: 8401 Greensboro Dr 800, Mclean, VA 22102
Phone: (703) 893-0600

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Culp Family Foundation funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Washington College Tennis Center: $1.0MWashington College TennisCenter$1.0MDana Farber Cancer Institute: $500KDana Farber Cancer Institute$500KHarvard Business School: $400KHarvard Business School$400KJohn Hopkins: $125KJohn Hopkins$125KThe Potomac School: $107KThe Potomac School$107KChesapeake Bay Foundation: $100KChesapeake Bay Foundation$100KKit-Cares Inc: $100KKit-Cares Inc$100KWake Forest University: $100KWake Forest University$100KWASHINGTON COLLEGE 4 FTE's: $99KWASHINGTON COLLEGE 4 FTE's$99KWashington College GE Scholars: $90KWashington College GE Scholars$90K

The largest 2025 recipient was Washington College Tennis Center ($1.0M). Together the top 10 received $2.6M.

Grant Size Distribution

53 grants across all recorded years

8<$50K11$50–100K22$100–250K10$250–500K1$500K–1M1$1–5M$5M+

The most common grant size was in the $100–250K range: 22 grants of 53 (42%).

Geographic Focus

Where this funder awards grants

In 2024, Maryland received the largest share of grant dollars (53%), followed by Massachusetts (17%), New York (11%), the District of Columbia (6%), and Virginia (5%).

Grant Distribution by State

8states

Share of 2025 grant dollars across all 13 itemized grants.

Cities

ChestertownMcLeanAnnapolisBostonWashingtonBaltimoreBridgevilleWinston-SalemAnn ArborCambridgeDentonElizabethtownMerrifieldPort WashingtonRidgelySilver Spring

How Culp Family Foundation gives

  • 85% of 2025 grantees were also funded in 2024. Method
  • Giving grew 157% from 2022 to 2025. Method
  • In 2025 it paid out 61% 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 (2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M8 grants2019 3 grants2020 5 grants2021 8 grants2022 9 grants2023 18 grants2024 13 grants2025

From 2019 to 2025, annual grant giving ranged from $780K (2021) to $2.7M (2025). In 2025 it made 13 grants totaling $2.7M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Washington College Tennis Center Chestertown, MD2025 Grant for General Operating$1,000,000
Dana Farber Cancer Institute Chestertown, MD2025 Grant for General Operating$500,000
Harvard Business School Boston, MA2025 Grant for General Operating$400,000
John Hopkins Baltimore, MD2025 Grant for General Operating$125,000
The Potomac School McLean, VA2025 Grant for General Operating$107,143
Chesapeake Bay Foundation Annapolis, MD2025 Grant for General Operating$100,000
Kit-Cares Inc Chestertown, MD2025 Grant for General Operating$100,000
Wake Forest University Winston-Salem, NC2025 Grant for General Operating$100,000
WASHINGTON COLLEGE 4 FTE's Chestertown, MD2025 Grant for General Operating$99,347
Washington College GE Scholars Chestertown, MD2025 Grant for General Operating$90,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$38,460,111$18,054,421$3,139,883$2,701,49013$2,706,390$2,815,928$4,439,082
2024$35,073,512$65,468,831$2,452,813$2,313,77718$2,317,877$15,348,926$1,217,944
2023$13,498,615$221,588$1,758,771$1,640,1679$1,644,267$356,977$974,002
2022$15,022,841$394,286$1,132,745$1,051,0928$1,059,592$347,044$1,006,521
2021$15,761,300$833,674$889,310$780,0005$788,200$739,489$1,114,032
2020$15,816,936$1,081,574$1,170,344$1,050,0003—$973,376$955,293
2019$15,905,706$601,972$1,363,915$1,274,2508—$530,827$984,118

Under IRS private-foundation payout rules, Culp Family Foundation reported a distributable amount of $4.4M for 2025 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the foundation is provided. Its grants show support for a range of organizations. For example, the Sultana Education Foundation says its mission is to provide educational experiences exploring Chesapeake Bay history and solutions for a more sustainable ecosystem. The Chesapeake Bay Foundation describes its mission as “Save the Bay,” while The Potomac School says it prepares students for lives of purpose, achievement, and generosity of spirit.

Other 2024 recipients included Wake Forest University, which describes its work as higher education in liberal arts and graduate and professional fields, and Kent Attainable Housing, which says it works to build or renovate affordable homes and partner with low-income working families.

Grantmaking

In 2024, the foundation made 18 grants totaling $2,313,777. Grants ranged from $10,000 to $400,000, with a median of $100,000. The largest awards included $400,000 to Harvard Business School, $266,000 to Washington College GE Scholars, $250,000 each to Sultana Education Foundation and FOXG1 Research Foundation, and $190,634 to Washington College for “4 FTE’s.” The listed purposes for these grants were general operating support. Its 2025 filing, the latest on this page, reports 13 grants totaling $2.7 million.

Other 2024 recipients included The Potomac School ($107,143), Chesapeake Bay Foundation ($100,000), Wake Forest University ($100,000), and KIT-CARES Inc. ($100,000).

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists H. Lawrence Culp Jr. as president and Wendy H. Culp as secretary.

Culp Family Foundation is led by H. Lawrence Culp Jr., President on every filing since 2019; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • H. Lawrence Culp Jr.

    President

    On filings since 2019

    1 hr/week

    No compensation reported

  • Wendy H. Culp

    Secretary

    On filings since 2019

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2019–2025. "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 Culp Family Foundation

How much does Culp Family Foundation give each year?

Culp Family Foundation gave $2.7M across 13 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $2.3M across 18 grants.

What is Culp Family Foundation's typical grant size?

Culp Family Foundation's median grant in 2025 was $100,000, and its average grant was $207,807, across 13 grants on its 2025 IRS Form 990-PF.

Where does Culp Family Foundation give grants?

Culp Family Foundation gives mostly in Maryland: 75% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Massachusetts (15%). The most frequent recipient cities were Chestertown, MD (6 grants).

Does Culp Family Foundation give general operating support?

Yes: 100% of Culp Family Foundation's 2025 grants with a stated purpose (13 of 13) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are Culp Family Foundation's largest grantees?

Culp Family Foundation's largest 2025 grantees include Washington College Tennis Center ($1,000,000), Dana Farber Cancer Institute ($500,000) and Harvard Business School ($400,000), according to its 2025 IRS Form 990-PF. Together they received 70% of its itemized 2025 grant dollars.

How large is Culp Family Foundation?

Culp Family Foundation reported $38.5M in total assets on its 2025 IRS Form 990-PF. It paid out $2.7M in qualifying distributions that year, against a required minimum of $4.4M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What does Culp Family Foundation fund?

No mission statement for the foundation is provided. Its grants show support for a range of organizations. For example, the Sultana Education Foundation says its mission is to provide educational experiences exploring Chesapeake Bay history and solutions for a more sustainable ecosystem. See mission & focus areas ↑

How do I apply for a grant from Culp Family Foundation?

The foundation does not accept unsolicited requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Culp Family Foundation's EIN?

Culp Family Foundation's EIN (Employer Identification Number) is 45-5394566. IRS Form 990 filing data is available on this page for 2019–2025.

Does Culp Family Foundation 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 September 2026.

Data update history

(8)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS August 4, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS August 26, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS April 3, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 9, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS July 17, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS July 25, 2025)
  7. Added Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
  8. IRS filings on file for fiscal years 2019–2024

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Cite this profile

Grantable. (2026). Culp Family Foundation funder profile. GrantGraph. Retrieved October 19, 2026, from https://grantable.co/funders/culp-family-foundation-morg_4061f8b84a094c5297e07d0baecb3329

BibTeX
@misc{grantable_455394566_2026,
  author       = {{Grantable}},
  title        = {{Culp Family Foundation funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/culp-family-foundation-morg_4061f8b84a094c5297e07d0baecb3329},
  note         = {Accessed 2026-10-19. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from Culp Family Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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