Debbie and Larry Triplett Foundation

Private foundation · Grantmaker New Albany, OH EIN: 45-4101784

The Debbie and Larry Triplett Foundation is a private foundation based in New Albany, Ohio. It reported 11 grants totaling $52,049 in 2023, supporting charitable organizations that included Ohio institutions and organizations as well as recipients in Texas, Pennsylvania, and Illinois.

Key facts about Debbie and Larry Triplett Foundation

In short: Debbie and Larry Triplett Foundation gave $51K across 7 grants in 2024 (avg $7K), mostly in Ohio. Source: 2024 IRS Form 990-PF.

EIN
45-4101784
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$51,191
Grants made (2024)
7
Average grant
$7,313
Median grant
$2,757
Total assets
$980,202
Primary geography
Ohio (98% of itemized 2024 grant dollars)
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. Full details ↓

Data from IRS Form 990-PF, 2024; updated October 2026. 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

$980K

+5.0% YoY

Annual Giving

$51K

-1.6% YoY

Grant Count

7

-36.4% YoY

Avg Grant Size

$7K

+54.6% YoY

Under IRS private-foundation payout rules, Debbie and Larry Triplett Foundation reported a distributable amount of $48K for 2024 — the minimum it must pay out in qualifying distributions.

How Debbie and Larry Triplett Foundation gives

  • Giving held roughly steady from 2021 to 2024 (−15%). Method
  • In 2024 it paid out 107% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2023 grantees included Muskingum University, whose stated mission is to prepare learners to think critically, excel professionally, grow personally, and contribute ethically. Animal-care grantees included Speak for the Unspoken, which says it cares for animals needing appropriate or special-needs care and prepares them for adoption, and Hillside SPCA, which says it provides food, shelter, and medical care for homeless animals and offers adoption services and humane-treatment education.

Grantmaking

In 2023, the foundation made 11 grants totaling $52,049. Grant amounts ranged from $200 to $16,000, with a median grant of $600. The largest awards were $16,000 to Marysville Grace Brethren Church, $15,150 to Muskingum University, and $15,000 to Union County Foundation. Other listed grants included $2,041 to NG Foundation, $1,000 to PAWS Ohio, and $512 to Speak for the Unspoken. Each listed grant was reported as support of exempt purpose.

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Geographic Focus

Where this funder awards grants

In 2023, 94% of grant dollars went to recipients in Ohio. The remaining shares went to recipients in Texas (4%), Pennsylvania (1%), and Illinois (1%).

Grant Distribution by State

6states

Share of 2024 grant dollars across all 7 itemized grants.

Cities

ZanesvilleMarysvilleNew ConcordGahannaLancasterColorado SpringsColumbusGrove CityNew AlbanyPowellChicagoClevelandDenverGridleyKileenLansingPottsville

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K6 grants2020 9 grants2021 9 grants2022 11 grants2023 7 grants2024

From 2020 to 2024, annual grant giving ranged from $51K (2024) to $72K (2020). In 2024 it made 7 grants totaling $51K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Union County Foundation: $16KUnion County Foundation$16KMarysville Grace Brethren Church: $15KMarysville Grace BrethrenChurch$15KMuskingum University: $15KMuskingum University$15KUnion County Humane Society: $3KUnion County Humane Society$3KExtragive - Lancaster County Community Foundation: $1KExtragive - Lancaster CountyCommunity Foundation$1KDriven Foundation: $692Driven Foundation$692Speak for the Unspoken: $512Speak for the Unspoken$512

The largest 2024 recipient was Union County Foundation ($16K). Together the top 7 received $51K.

Grant Size Distribution

42 grants across all recorded years

42<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 42 grants of 42 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Union County Foundation Marysville, OHSupport of Exempt Purpose$15,750
Marysville Grace Brethren Church Marysville, OHSupport of Exempt Purpose$15,330
Muskingum University New Concord, OHSupport of Exempt Purpose$15,100
Union County Humane Society Marysville, OHSupport of Exempt Purpose$2,757
Extragive - Lancaster County Community Foundation Lancaster, PASupport of Exempt Purpose$1,050
Driven Foundation Gahanna, OHSupport of Exempt Purpose$692
Speak for the Unspoken Grove City, OHSupport of Exempt Purpose$512

Financial History

Multi-year comparison from IRS filings

Filing year Grants Grant total
2023 11 $52,049
2022 9 $54,210
2021 9 $60,104
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$25K$50K$75K$100K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$980,202$933,412$852,611
Revenue$84,896$50,316$25,158
Expenses$55,519$56,611$58,616
Qualifying Distributions$51,191$52,049$54,210
Net Investment Income$80,768$46,574$20,752
Distributable Amount$48,044$44,128$46,543

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS November 5, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS November 15, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS November 15, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS November 12, 2024)
  5. Added Form 990-PF for fiscal year 2024 (received by the IRS November 11, 2025)
  6. IRS filings on file for fiscal years 2020–2023

Leadership & Key People

Leadership team and compensation from IRS filings

The 2023 filing lists Larry Triplett as secretary and treasurer and Debbie Triplett as president.

Debbie and Larry Triplett Foundation is led by Debbie Triplett, President on every filing since 2020; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Debbie Triplett

    President

    On filings since 2020

    No compensation reported

  • Larry Triplett

    Secretary & Treasurer

    On filings since 2020

    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.

Contact

Mailing address: 7702 Charlotte Hull Ct, New Albany, OH 43054
Phone: (614) 211-1120

Frequently asked questions about Debbie and Larry Triplett Foundation

How much does Debbie and Larry Triplett Foundation give each year?

Debbie and Larry Triplett Foundation gave $51K across 7 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $52K across 11 grants.

What is Debbie and Larry Triplett Foundation's typical grant size?

Debbie and Larry Triplett Foundation's median grant in 2024 was $2,757, and its average grant was $7,313, across 7 grants on its 2024 IRS Form 990-PF.

Where does Debbie and Larry Triplett Foundation give grants?

Debbie and Larry Triplett Foundation gives mostly in Ohio: 98% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Marysville, OH (3 grants).

Who are Debbie and Larry Triplett Foundation's largest grantees?

Debbie and Larry Triplett Foundation's largest 2024 grantees include Union County Foundation ($15,750), Marysville Grace Brethren Church ($15,330) and Muskingum University ($15,100), according to its 2024 IRS Form 990-PF. Together they received 90% of its itemized 2024 grant dollars.

How large is Debbie and Larry Triplett Foundation?

Debbie and Larry Triplett Foundation reported $980K in total assets on its 2024 IRS Form 990-PF. It paid out $51K in qualifying distributions that year, against a required minimum of $48K (roughly 5% of its investment assets).

What does Debbie and Larry Triplett Foundation fund?

No mission statement for the foundation is provided. Its 2023 grantees included Muskingum University, whose stated mission is to prepare learners to think critically, excel professionally, grow personally, and contribute ethically. See mission & focus areas ↑

How do I apply for a grant from Debbie and Larry Triplett Foundation?

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 Debbie and Larry Triplett Foundation's EIN?

Debbie and Larry Triplett Foundation's EIN (Employer Identification Number) is 45-4101784. IRS Form 990 filing data is available on this page for 2020–2024.

Does Debbie and Larry Triplett Foundation 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 September 2026.

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