The Kiphart Family Foundation is an independent 501(c)(3) philanthropic organization classified as a grantmaking foundation. Based in Key Largo, Florida, the foundation has been tax-exempt since July 2019 (EIN: 83-2450434). The foundation is located at 31 Ocean Reef Drive, Suite C101, Key Largo, FL 33037.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$400K
+464.6% YoY
Annual Giving
$3.0M
+52.5% YoY
Grant Count
12
+20.0% YoY
Avg Grant Size
$253K
+27.1% YoY
Mission & Focus Areas
The foundation supports global health research and initiatives with a focus on addressing the root causes of health inequities in West Africa and low- and middle-income communities around the world. Its work emphasizes research, education, and interdisciplinary efforts aimed at alleviating disease, improving infrastructure, and promoting community health and well-being.
Grantmaking
The foundation has demonstrated significant grantmaking activity. In 2024, the foundation awarded approximately $2.0 million in grants across 10 grants. Historical giving data shows total giving of approximately $1.99 million to $3.04 million depending on the reporting period. The average grant size is approximately $914.
Grant Range
is approximately $914.
Average Grant
is approximately $914.
How to Apply
in available sources and does not maintain a public website.
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Geographic Focus
Where this funder awards grants
The foundation supports various cities and states across the United States, including major metropolitan areas such as New York, Chicago, and Boston. Geographic focus areas include California, Colorado, Florida, Illinois, Massachusetts, New York, Ohio, and other states.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total Assets: $70,900
- Annual Expenses: $2,049,572
- Total Liabilities: $0
- Revenue: -$60,400 (negative)
The foundation operates with an expense ratio significantly exceeding revenue, indicating it distributes assets accumulated over time rather than relying on annual revenue generation.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $400,385 | $70,920 | $2,451,780 |
| Revenue | $3,366,213 | $-60,352 | $4,308,050 |
| Expenses | $3,040,174 | $2,049,572 | $3,036,079 |
| Qualifying Distributions | $3,039,737 | $1,993,192 | $3,035,529 |
| Net Investment Income | $14,312 | $19,804 | $3,804,520 |
| Distributable Amount | $15,967 | $26,333 | — |
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
89 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Susan R. Kiphart serves as President, Secretary, and Treasurer of the foundation. The foundation is named after Susan Kiphart and her husband, Richard Kiphart, who died in 2016. Other family members hold key positions within the organization.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SUSAN R KIPHART | PRESIDENT, SECRETARY & TRE | 1 | — |
| CHRIS CAPPS | VICE PRESIDENT | 1 | — |
| ELLEN KIPHART VALENTINE | DIRECTOR | — | — |
| JILL KIPHART GLUCK | DIRECTOR | — | — |
| REBECCA KIPHART CAPPS | DIRECTOR | — | — |
Recent News & Activity
Recent developments and announcements
In February 2021, the Kiphart Family Foundation announced a $25 million gift to the University of Chicago to establish the Susan and Richard Kiphart Center for Global Health and Social Development. The center is housed within the Crown Family School of Social Work, Policy, and Practice and is administered in partnership with the university's Biological Sciences Division. This gift built upon the foundation's prior support of the university's Center for Global Health, whose activities were folded into the new Kiphart Center.
Kiphart Family Foundation awards $25 million for global health center - KeMeKSubject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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