Kip Kephart Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RICHMOND, VA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $865K in total assets. In 2025, it awarded 10 grants totaling $21K.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$865K
-7.0% YoY
Annual Giving
$21K
-29.8% YoY
Grant Count
10
+11.1% YoY
Avg Grant Size
$2K
-36.8% YoY
Under IRS private-foundation payout rules, Kip Kephart Foundation reported a distributable amount of $12K for 2025 — the minimum it must pay out in qualifying distributions.
About Kip Kephart Foundation
Based on IRS filings
Kip Kephart Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RICHMOND, VA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $865K in total assets. In 2025, it awarded 10 grants totaling $21K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $864,960 | $930,008 | $823,523 |
| Revenue | $532 | $184 | $78,375 |
| Expenses | $65,580 | $76,474 | $93,644 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | $11,874 | $18,813 | $19,718 |
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 2025
Grant Size Distribution
46 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Virginia Historical Society ($7,500), Vcu ($5,200), Richmond Ballet ($2,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CHARLES CITY SCHOOLS Charles City, VA | DONATION | $300 |
| HERITAGE LIBRARY New Kent, VA | DONATION | $1,018 |
| VARIOUS New Kent, VA | DONATION | $257 |
| NEW KENT COUNTY New Kent, VA | DONATION | $570 |
| RICHMOND BALLET Richmond, VA | DONATION | $2,000 |
| SURRY ELEMENTARY SCHOOL Dendron, VA | DONATION | $1,300 |
| UNIVERSITY OF RICHMOND Richmond, VA | DONATION | $1,250 |
| VALENTINE RICHMOND HISTORY CENTER Richmond, VA | DONATION | $1,250 |
| VCU Richmond, VA | DONATIONS | $5,200 |
| VIRGINIA HISTORICAL SOCIETY Richmond, VA | DONATION | $7,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Steve Rula Jr | President | 10 | $16,680 |
| Geraldine Hall | Treasurer | 1 | — |
| Neil S Kessler | Secretary | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Kip Kephart Foundation?
Kip Kephart Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in RICHMOND, VA. It holds $865K in total assets as of 2025.
How large is Kip Kephart Foundation?
As of 2025, Kip Kephart Foundation holds $865K in total assets with $532 in annual revenue. It awarded 10 grants totaling $21K in 2025.
Where does Kip Kephart Foundation operate?
Kip Kephart Foundation has awarded grants in Illinois, Missouri, New York, Pennsylvania, Utah, Virginia.
What size grants does Kip Kephart Foundation award?
In 2025, Kip Kephart Foundation awarded 10 grants totaling $21K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Kip Kephart Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Kip Kephart Foundation reported a distributable amount of $12K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Kip Kephart Foundation's EIN?
Kip Kephart Foundation's EIN (Employer Identification Number) is 54-1890463. IRS Form 990 filing data is available on this page for 2020–2025.
Explore Open Grants
Browse active grant opportunities in Kip Kephart Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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