Darsey Family Foundation Inc
Darsey Family Foundation Inc is a private foundation focused on Education, based in Albany, GA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $489K in total assets. In 2025, it awarded 3 grants totaling $31K. Net investment income was $47K.
Darsey Family Foundation Inc at a glance
In short: Darsey Family Foundation Inc gave $31K across 3 grants in 2025 (avg $10K), mostly in Georgia. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $30,800
- -26.5% vs 2024
- Grants made (2025)
- 3
- -25.0% vs 2024
- Average grant
- $10,267
- -2.0% vs 2024
- Median grant
- $2,500
- Total assets
- $489,418
- +3.0% vs 2024
- Primary geography
- Georgia (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Darsey Family Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was Flint Riverkeeper ($28K). Together the top 3 received $31K.
Grant Size Distribution
17 grants across all recorded years
The most common grant size was under $50K: 17 grants of 17 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
States
Cities
How Darsey Family Foundation Inc gives
- Giving grew 927% from 2022 to 2025. Method
- In 2025 it paid out 86% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $3K (2022) to $42K (2021). In 2025 it made 3 grants totaling $31K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Flint Riverkeeper Albany, GA | Protect Flint River Ecosystem | $27,500 |
| Helpling Hands Ending Hunger Tifton, GA | Reduce Food Waste | $2,500 |
| Dougherty County BD of Commissioner Albany, GA | Tallulah Massey Pollinator Garden | $800 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $489,418 | $59,421 | $45,101 | $30,800 | 3 | $33,344 | $46,950 | $38,962 |
| 2024 | $475,098 | $134,340 | $56,723 | $41,895 | 4 | $45,410 | $123,027 | $33,912 |
| 2023 | $397,481 | $5,845 | $19,362 | $10,350 | 3 | $12,430 | $596 | $29,495 |
| 2022 | $410,998 | $38,476 | $11,236 | $3,000 | 2 | $4,855 | $32,095 | $27,884 |
| 2021 | $383,758 | $25,195 | $51,019 | $42,229 | 5 | $44,428 | $18,604 | $31,486 |
| 2020 | $409,582 | $16,223 | $39,564 | $32,000 | 3 | — | $2,916 | $25,860 |
Under IRS private-foundation payout rules, Darsey Family Foundation Inc reported a distributable amount of $39K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Darsey Family Foundation Inc is led by Lew Culpepper, President on every filing since 2020; none of the 7 officers listed in 2025 report compensation.
Officers on the 2025 filing
Lew Culpepper
President
On filings since 2020
0.8 hrs/week
No compensation reported
Andrew B. Darsey
Trustee
On filings since 2020
0.1 hrs/week
No compensation reported
Charles B. Darsey
Vice President
On filings since 2020
0.5 hrs/week
No compensation reported
Chase Harvard
Non Voting T
On filings since 2020
No compensation reported
Chris Darsey
Treasuror
On filings since 2020
0.1 hrs/week
No compensation reported
James G. Johnson
Non Voting T
On filings since 2020
No compensation reported
Maelu D. Culpepper
Secretary
On filings since 2020
0.5 hrs/week
No compensation reported
Former officers (1)
- Former: Paul McCord (2020) — Trustee
Data from IRS Form 990 filings, 2020–2025. "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 Darsey Family Foundation Inc
How much does Darsey Family Foundation Inc give each year?
Darsey Family Foundation Inc gave $31K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $42K across 4 grants.
What is Darsey Family Foundation Inc's typical grant size?
Darsey Family Foundation Inc's median grant in 2025 was $2,500, and its average grant was $10,267, across 3 grants on its 2025 IRS Form 990-PF.
Where does Darsey Family Foundation Inc give grants?
Darsey Family Foundation Inc gives mostly in Georgia: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Albany, GA (2 grants).
Does Darsey Family Foundation Inc give general operating support?
Not in 2025: none of the 3 grants with a stated purpose on Darsey Family Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support.
How large is Darsey Family Foundation Inc?
Darsey Family Foundation Inc reported $489K in total assets on its 2025 IRS Form 990-PF. It paid out $33K in qualifying distributions that year, against a required minimum of $39K (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 is Darsey Family Foundation Inc?
Darsey Family Foundation Inc is a private foundation focused on Education, based in Albany, GA. It holds $489K in total assets as of 2025.
What is Darsey Family Foundation Inc's EIN?
Darsey Family Foundation Inc's EIN (Employer Identification Number) is 02-0762799. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS July 9, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Darsey Family Foundation Inc funds
Education Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Darsey Family Foundation Inc's focus areas in our free grants database
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