David and Nicole Tepper Charitable
David and Nicole Tepper Charitable is a private foundation based in Short Hills, New Jersey. Its 2025 filing lists 46 grants totaling $21,528,189, including support for food banks, a university educational foundation, and organizations addressing community needs.
David and Nicole Tepper Charitable at a glance
In short: David and Nicole Tepper Charitable gave $21.5M across 46 grants in 2025 (avg $468K), mostly in North Carolina. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $21,528,189
- +66.7% vs 2024
- Grants made (2025)
- 46
- -9.8% vs 2024
- Average grant
- $468,004
- +84.8% vs 2024
- Median grant
- $153,125
- Total assets
- $70,627,277
- +16.4% vs 2024
- Primary geography
- North Carolina (56% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
How to apply to David and Nicole Tepper Charitable
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: Co Appaloosa Lp 51 Jfk Pkwy 250B, Short Hills, NJ 07078
Phone: (973) 597-2446
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who David and Nicole Tepper Charitable funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was University of South Carolina Educational Foundation ($2.8M). Together the top 10 received $14.9M.
Grant Size Distribution
193 grants across all recorded years
The most common grant size was under $50K: 64 grants of 193 (33%).
Geographic Focus
Where this funder awards grants
The 2025 grant dollars were distributed among recipients in North Carolina (56%), South Carolina (22%), Florida (14%), California (6%), and Georgia (1%).
Grant Distribution by State
Share of 2025 grant dollars across all 46 itemized grants.
States
Cities
How David and Nicole Tepper Charitable gives
- 70% of 2025 grantees were also funded in 2024. Method
- Giving grew 221% from 2022 to 2025. Method
- In 2025 it paid out 559% of its IRS minimum distribution (the 5% rule). 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
From 2020 to 2025, annual grant giving ranged from $284K (2020) to $21.5M (2025). In 2025 it made 46 grants totaling $21.5M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| University of South Carolina Educational Foundation Columbia, SC | General Support | $2,750,000 |
| Second Harvest Food Bank of Metrolina Inc Charlotte, NC | General Support | $2,158,000 |
| Food Bank of Central & Eastern NC Inc Raleigh, NC | General Support | $2,051,000 |
| Second Harvest Food Bank of Northwest NC Inc Winston-Salem, NC | General Support | $1,394,000 |
| Jewish Federation of Palm Beach County Inc West Palm Beach, FL | General Support | $1,230,000 |
| Vision to Learn Los Angeles, CA | General Support | $1,200,000 |
| Nourish up Charlotte, NC | General Support | $1,115,000 |
| Global Empowerment Mission Inc Doral, FL | General Support | $1,100,000 |
| Harvest Hope Food Bank Columbia, SC | General Support | $1,059,300 |
| Lowcountry Food Bank Inc Charleston, SC | General Support | $885,600 |
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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 | $70,627,277 | $31,802,547 | $21,858,203 | $21,528,189 | 46 | $21,832,158 | $1,776,502 | $3,902,846 |
| 2024 | $60,661,660 | $25,537,257 | $13,164,252 | $12,917,323 | 51 | $13,128,839 | $461,844 | $3,016,504 |
| 2023 | $48,288,656 | $15,667,791 | $8,767,961 | $8,510,018 | 37 | $8,665,816 | $591,056 | $2,316,293 |
| 2022 | $41,388,826 | $6,497,872 | $6,945,923 | $6,702,566 | 34 | $6,851,755 | $31,136 | $2,147,552 |
| 2021 | $41,839,376 | $27,891,740 | $3,834,510 | $2,921,443 | 25 | $2,931,481 | $27,374,023 | $1,992,968 |
| 2020 | $16,677,165 | $48,574,267 | $293,595 | $283,890 | 9 | — | $190 | $224,122 |
Under IRS private-foundation payout rules, David and Nicole Tepper Charitable reported a distributable amount of $3.9M for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
No formal mission statement for the foundation is provided in the available information. Its 2025 grants include support for hunger-relief organizations, higher education, vision care, Jewish community services, and disaster relief.
The grantees describe their work in their own terms. Second Harvest Food Bank of Metrolina says it works to feed people through partner agencies and community education about hunger. The Food Bank of Central & Eastern North Carolina describes its work as nourishing people, building solutions, and empowering communities. The University of South Carolina Educational Foundation says it supports the university’s academic, research, and charitable endeavors by stewarding gifts and providing resources for students and faculty. Vision To Learn says it provides free eye exams and glasses to students and low-income communities.
Grantmaking
In 2025, the foundation reported 46 grants totaling $21,528,189. Grants ranged from $2,000 to $2,750,000, with a median grant of $153,125.
The largest reported grants included $2,750,000 to the University of South Carolina Educational Foundation; $2,158,000 to Second Harvest Food Bank of Metrolina; $2,051,000 to the Food Bank of Central & Eastern North Carolina; $1,394,000 to Second Harvest Food Bank of Northwest North Carolina; and $1,230,000 to the Jewish Federation of Palm Beach County. Each was listed for general support.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists David Tepper as president and director, Nicole Tepper as vice president and director, and Larry Rogers as secretary and treasurer.
David and Nicole Tepper Charitable is led by David Tepper, President & Director on every filing since 2020; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
David Tepper
President & Director
On filings since 2020
1 hr/week
No compensation reported
Nicole Tepper
Vice President & Director
On filings since 2020
15 hrs/week
No compensation reported
Larry Rogers
Secretary & Treasurer
On filings since 2020
1 hr/week
No compensation reported
Former officers (1)
- Former: Randi Tepper (2020) — Director
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 David and Nicole Tepper Charitable
How much does David and Nicole Tepper Charitable give each year?
David and Nicole Tepper Charitable gave $21.5M across 46 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $12.9M across 51 grants.
What is David and Nicole Tepper Charitable's typical grant size?
David and Nicole Tepper Charitable's median grant in 2025 was $153,125, and its average grant was $468,004, across 46 grants on its 2025 IRS Form 990-PF.
Where does David and Nicole Tepper Charitable give grants?
David and Nicole Tepper Charitable gives mostly in North Carolina: 56% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were South Carolina (22%) and Florida (14%). The most frequent recipient cities were Charlotte, NC (18 grants), Columbia, SC (2 grants), Raleigh, NC (2 grants) and Palm Beach, FL (2 grants).
Does David and Nicole Tepper Charitable give general operating support?
Yes: 100% of David and Nicole Tepper Charitable's 2025 grants with a stated purpose (46 of 46) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are David and Nicole Tepper Charitable's largest grantees?
David and Nicole Tepper Charitable's largest 2025 grantees include University of South Carolina Educational Foundation ($2,750,000), Second Harvest Food Bank of Metrolina Inc ($2,158,000) and Food Bank of Central & Eastern NC Inc ($2,051,000), according to its 2025 IRS Form 990-PF. Together they received 32% of its itemized 2025 grant dollars.
How large is David and Nicole Tepper Charitable?
David and Nicole Tepper Charitable reported $70.6M in total assets on its 2025 IRS Form 990-PF. It paid out $21.8M in qualifying distributions that year, against a required minimum of $3.9M (roughly 5% of its investment assets).
What does David and Nicole Tepper Charitable fund?
No formal mission statement for the foundation is provided in the available information. Its 2025 grants include support for hunger-relief organizations, higher education, vision care, Jewish community services, and disaster relief. See mission & focus areas ↑
How do I apply for a grant from David and Nicole Tepper Charitable?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is David and Nicole Tepper Charitable's EIN?
David and Nicole Tepper Charitable's EIN (Employer Identification Number) is 85-2618674. IRS Form 990 filing data is available on this page for 2020–2025.
Does David and Nicole Tepper Charitable accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
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 August 10, 2026)
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). David and Nicole Tepper Charitable funder profile. GrantGraph. Retrieved October 10, 2026, from https://grantable.co/funders/david-and-nicole-tepper-charitable-morg_6f459b244cc3430789246f422f52cb7d
BibTeX
@misc{grantable_852618674_2026,
author = {{Grantable}},
title = {{David and Nicole Tepper Charitable funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/david-and-nicole-tepper-charitable-morg_6f459b244cc3430789246f422f52cb7d},
note = {Accessed 2026-10-10. 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 David and Nicole Tepper Charitable'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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