James S and Gail P Riepe Charitable
The James S and Gail P Riepe Charitable Foundation is a private foundation established in 1986 and based in Wilmington, Delaware. The foundation operates as a 501(c)(3) tax-exempt organization and has been tax-exempt since April 1987.
Key facts about James S and Gail P Riepe Charitable
- EIN
- 52-6287385
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $1,386,191
- Grants made (2024)
- 50
- Average grant
- $27,724
- Median grant
- $10,000
- New grantees (estimate)
- 9% first-time grantees (4 of 45, 2024)
- Total assets
- $47,195,969
- Primary geography
- Maryland (83% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who James S and Gail P Riepe Charitable funds
By grant dollars, the top recipient states for James S and Gail P Riepe Charitable's 50 itemized 2024 grants were Maryland (83%) and Florida (12%). The most frequent recipient cities were Baltimore, MD (29 grants), Hobe Sound, FL (5 grants), Owings Mills, MD (3 grants) and New York, NY (2 grants). 88% of grants with a stated purpose were for general or operating support.
Is James S and Gail P Riepe Charitable open to new grantees?
9%
first-time grantees, 2024
In 2024, 4 of 45 grantees (9%) were first-time recipients. First grants averaged $34K; repeat grants $30K. How we count
Medians: $13K first-time, $8K repeat.
- 89% of 2024 grantees were also funded in 2023. Method
- Giving fell 22% from 2021 to 2024. Method
- In 2024 it paid out 65% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with James S and Gail P Riepe Charitable
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$47.2M
+7.1% YoY
Annual Giving
$1.4M
-14.2% YoY
Grant Count
50
+11.1% YoY
Avg Grant Size
$28K
-22.8% YoY
Under IRS private-foundation payout rules, James S and Gail P Riepe Charitable reported a distributable amount of $2.3M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's giving priorities focus primarily on:
- Higher education
- Human services
- Philanthropy, voluntarism, and grantmaking
The foundation demonstrates particular commitment to educational advancement and community support services.
Grantmaking
In 2020, the foundation made a $5 million leadership gift to the University of Pennsylvania School of Veterinary Medicine to build the Gail P. Riepe Center for Advanced Veterinary Education at the New Bolton campus in Kennett Square, Pennsylvania. The center serves as the first dedicated classroom building at New Bolton and features multi-modal flex space with integrated technology for various learning formats.
Grant Range
$1,000–$517,120
Ready to take the next step with James S and Gail P Riepe Charitable?
Geographic Focus
Where this funder awards grants
The foundation's grantmaking focuses primarily on:
- Maryland
- Florida
- New York
Grant Distribution by State
Share of all 50 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total assets: $47,195,969
- Total giving: $1,386,191
- Total revenues: $4,642,579
- Total expenses: $1,626,571
- Number of employees: 0
As of 2023:
- Total assets: $44,100,000
- Total revenues: $1,840,000
- Total expenses: $1,810,000
- Total liabilities: $0
The foundation's primary revenue source is investment income and dividends.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $47,195,969 | $44,064,536 | $43,836,817 |
| Revenue | $4,642,579 | $1,842,316 | $471,619 |
| Expenses | $1,626,571 | $1,813,538 | $1,877,206 |
| Qualifying Distributions | $1,507,649 | $1,735,821 | $1,766,683 |
| Net Investment Income | $11,600,828 | $1,785,413 | $1,273,490 |
| Distributable Amount | $2,327,003 | $2,309,968 | $2,442,997 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
270 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include The United Way of Central Maryland Inc ($277,563 across 2 grants), Baltimore Community Foundation Inc ($257,150 across 2 grants), Saint Ignatius Loyola Academy ($126,270 across 2 grants).
| Recipient | Purpose | Amount |
|---|---|---|
| THE UNITED WAY OF CENTRAL MARYLAND INC Baltimore, MD | General & Unrestricted (see attached general explanation) | $252,563 |
| BALTIMORE COMMUNITY FOUNDATION INC Baltimore, MD | General & Unrestricted (see attached general explanation) | $232,150 |
| SAINT IGNATIUS LOYOLA ACADEMY Baltimore, MD | General & Unrestricted (see attached general explanation) | $108,270 |
| T ROWE PRICE PROGRAM FOR CHARITABLE GIVING INC Baltimore, MD | General & Unrestricted (see attached general explanation) | $102,004 |
| BOYS & GIRLS CLUB OF MARTIN COUNTY INC Hobe Sound, FL | General & Unrestricted (see attached general explanation) | $56,506 |
| THE EVERGLADES FOUNDATION INC Palmetto Bay, FL | General & Unrestricted (see attached general explanation) | $55,096 |
| KIPP BALTIMORE INC Baltimore, MD | GENERAL & UNRESTRICTED (see attached general explanation) | $55,096 |
| HABITAT FOR HUMANITY OF THE CHESAPEAKE INC Baltimore, MD | General & Unrestricted (see attached general explanation) | $52,920 |
| CRISTO REY JESUIT HIGH SCHOOL Baltimore, MD | General & Unrestricted (see attached general explanation) | $49,586 |
| BALTIMORE COMMUNITY FOUNDATION INC Baltimore, MD | BCF Civic Leadership Fund | $25,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Trustees and Officers:
- James S Riepe (Trustee) — Retired Vice Chairman of T. Rowe Price Group, Inc.; Chairman of the University of Pennsylvania's Board of Trustees; trustee of the Baltimore Museum of Art
- Gail P Riepe (Trustee) — Class of 1968, University of Pennsylvania; co-chair of The Power of Penn Vet Campaign; member of the Penn Vet Board of Overseers
- James S Riepe Jr (Vice President)
- Christina N Riepe (Vice President)
- Allison B Riepe (Vice President)
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Allison B Riepe | VP | 1 | — |
| Christina N Riepe | VP | 1 | — |
| Gail P Riepe | Trustee | 1 | — |
| James S Riepe | Trustee | 1 | — |
| James S Riepe Jr | VP | 1 | — |
Recent News & Activity
Recent developments and announcements
The foundation continues active grantmaking with significant support directed toward United Way of Central Maryland and the Baltimore Community Foundation in 2024. The foundation maintains its commitment to higher education through its ongoing relationship with the University of Pennsylvania and support for veterinary medical education advancement.
Riedel Foundation awards $10,000 grant to help kids leaving foster careFrequently Asked Questions
What does James S and Gail P Riepe Charitable fund?
The foundation's giving priorities focus primarily on: • Higher education • Human services • Philanthropy, voluntarism, and grantmaking The foundation demonstrates particular commitment to educational advancement and community support services.
How do I apply for a grant from James S and Gail P Riepe Charitable?
**Grant Activity:** • Total giving in 2024: $1,386,191 • Number of grants made in 2024: 66 grants • Typical grant range: $1,000–$517,120 **Recent Grant Examples (2024):** • The United Way of Central Maryland: $252,563 • Baltimore Community Foundation: $232,150 • T Rowe Price Charitable: $102,004 **Notable Major Gift:** In 2020, the foundation made a $5 million leadership gift to the University of Pennsylvania School of Veterinary Medicine to build the Gail P. Riepe Center for Advanced Veterinar…
Where does James S and Gail P Riepe Charitable make grants?
The foundation's grantmaking focuses primarily on: • Maryland • Florida • New York
What size grants does James S and Gail P Riepe Charitable award?
In 2024, James S and Gail P Riepe Charitable awarded 50 grants totaling $1.4M — an average of about $28K per grant, based on its IRS Form 990 filings.
How much is James S and Gail P Riepe Charitable required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, James S and Gail P Riepe Charitable reported a distributable amount of $2.3M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is James S and Gail P Riepe Charitable's EIN?
James S and Gail P Riepe Charitable's EIN (Employer Identification Number) is 52-6287385. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.