Darsey Family Foundation Inc is a private foundation focused on Education, based in ALBANY, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $475K in total assets. In 2024, it awarded 4 grants totaling $42K. Net investment income was $123K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$475K
+19.5% YoY
Annual Giving
$42K
+304.8% YoY
Grant Count
4
+33.3% YoY
Avg Grant Size
$10K
+203.6% YoY
Under IRS private-foundation payout rules, Darsey Family Foundation Inc reported a distributable amount of $34K for 2024 — the minimum it must pay out in qualifying distributions.
About Darsey Family Foundation Inc
Based on IRS filings
Darsey Family Foundation Inc is a private foundation focused on Education, based in ALBANY, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $475K in total assets. In 2024, it awarded 4 grants totaling $42K. Net investment income was $123K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $475,098 | $397,481 | $410,998 |
| Revenue | $134,340 | $5,845 | $38,476 |
| Expenses | $56,723 | $19,362 | $11,236 |
| Qualifying Distributions | $45,410 | $12,430 | $4,855 |
| Net Investment Income | $123,027 | $596 | $32,095 |
| Distributable Amount | $33,912 | $29,495 | $27,884 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
17 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Flint Riverkeeper ($35,000), Helpling Hands Ending Hunger ($5,000), Keep Albany Beautiful ($1,000).
| Recipient | Purpose | Amount |
|---|---|---|
| KEEP ALBANY BEAUTIFUL ALBANY, GA | RECYCLING PROJECTS & BEATIFICATION | $1,000 |
| FLINT RIVERKEEPER ALBANY, GA | PROTECT FLINT RIVER ECOSYSTEM | $35,000 |
| HELPLING HANDS ENDING HUNGER TIFTON, GA | REDUCE FOOD WASTE | $5,000 |
| SCOUT TROUP 13 ALBANY, GA | PUBLIC SPACE BEAUTIFICATION | $895 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CHARLES B DARSEY | VICE PRESIDE | 0.25 | — |
| JAMES G JOHNSON | NON VOTING T | 0.01 | — |
| CHRIS DARSEY | TREASUROR | 0.25 | — |
| MAELU D CULPEPPER | SECRETARY | 0.25 | — |
| LEW CULPEPPER | PRESIDENT | 0.5 | — |
| ANDREW B DARSEY | TRUSTEE | 0.25 | — |
| CHASE HARVARD | NON VOTING T | 0.25 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Darsey Family Foundation Inc?
Darsey Family Foundation Inc is a private foundation focused on Education, based in ALBANY, GA. It holds $475K in total assets as of 2024.
How large is Darsey Family Foundation Inc?
As of 2024, Darsey Family Foundation Inc holds $475K in total assets with $134K in annual revenue. It awarded 4 grants totaling $42K in 2024.
Where does Darsey Family Foundation Inc operate?
Darsey Family Foundation Inc has awarded grants in Georgia.
What size grants does Darsey Family Foundation Inc award?
In 2024, Darsey Family Foundation Inc awarded 4 grants totaling $42K — an average of about $10K per grant, based on its IRS Form 990 filings.
How much is Darsey Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Darsey Family Foundation Inc reported a distributable amount of $34K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.