James S and Gail P Riepe Charitable

WILMINGTON, DE EIN: 52-6287385

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.

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.

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

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

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Geographic Focus

Where this funder awards grants

The foundation's grantmaking focuses primarily on:

  • Maryland
  • Florida
  • New York

Grant Distribution by State

11states
+3 more states

Cities

AdelphiAnnapolisArlingtonAshevilleBaltimoreBurr RidgeChapel HillCockeysvilleCold Spring HarborCrownsvilleForest HillFreelandHagerstownHaileyHalethorpeHobe SoundJupiterMonktonNew YorkNobleboro

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.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$3M$7M$10M$14M20202021202220232024
Metric202420232022
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

Giving Over Time

Total grant dollars and number of grants per year

$0$443K$885K$1M$2M65 grants202057 grants202153 grants202245 grants202350 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

THE UNITED WAY OF CENTRA…$253KBALTIMORE COMMUNITY FOUN…$232KSAINT IGNATIUS LOYOLA AC…$108KT ROWE PRICE PROGRAM FOR…$102KBOYS & GIRLS CLUB OF MAR…$57KTHE EVERGLADES FOUNDATIO…$55KKIPP BALTIMORE INC$55KHABITAT FOR HUMANITY OF …$53KCRISTO REY JESUIT HIGH S…$50KBALTIMORE COMMUNITY FOUN…$25K

Grant Size Distribution

245 grants across all recorded years

219<$50K14$50–100K7$100–250K3$250–500K2$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include The United Way of Central Maryland Inc ($252,563), Baltimore Community Foundation Inc ($232,150), Saint Ignatius Loyola Academy ($108,270).

RecipientPurposeAmount
1000 FRIENDS OF FLORIDA INC TALLAHASSEE, FLGeneral & Unrestricted$5,000
BALTIMORE COMMUNITY FOUNDATION INC BALTIMORE, MDGeneral & Unrestricted (see attached general explanation)$232,150
BALTIMORE COMMUNITY FOUNDATION INC BALTIMORE, MDBCF Civic Leadership Fund$25,000
BALTIMORE EDUCATIONAL SCHOLARSHIP TRUST INC BALTIMORE, MDGeneral & Unrestricted$5,000
BALTIMORE MUSEUM OF ART INC BALTIMORE, MDGeneral & Unrestricted$5,000
BALTIMORE PUBLIC MEDIA CORPORATION BALTIMORE, MDGeneral & Unrestricted$15,000
BALTIMORE SCHOOL FOR THE ARTS FDN INC BALTIMORE, MDGeneral & Unrestricted$10,000
BANNER LAKE CLUB INC HOBE SOUND, FLGeneral & Unrestricted$2,500
BOYS & GIRLS CLUB OF MARTIN COUNTY INC HOBE SOUND, FLGeneral & Unrestricted (see attached general explanation)$56,506
CAVES VALLEY GOLF CLUB FOUNDATION INC OWINGS MILLS, MDGeneral & Unrestricted$5,000

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

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Allison B RiepeVP1
Christina N RiepeVP1
Gail P RiepeTrustee1
James S RiepeTrustee1
James S Riepe JrVP1

Recent News & Activity

Recent developments and announcements

2024

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 care

Frequently 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 June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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