Krips Family Foundation is a private foundation focused on Education, based in HOUSTON, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $934K in total assets. In 2024, it awarded 10 grants totaling $37K. Net investment income was $51K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$934K
+15.3% YoY
Annual Giving
$37K
+61.5% YoY
Grant Count
10
+42.9% YoY
Avg Grant Size
$4K
+13.1% YoY
Under IRS private-foundation payout rules, Krips Family Foundation reported a distributable amount of $40K for 2024 — the minimum it must pay out in qualifying distributions.
About Krips Family Foundation
Based on IRS filings
Krips Family Foundation is a private foundation focused on Education, based in HOUSTON, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $934K in total assets. In 2024, it awarded 10 grants totaling $37K. Net investment income was $51K.
Focus Areas
Ready to take the next step with Krips Family Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $933,554 | $809,959 | $793,178 |
| Revenue | $39,155 | $42,779 | $45,979 |
| Expenses | $37,461 | $23,517 | $25,162 |
| Qualifying Distributions | $107,461 | $66,743 | $32,091 |
| Net Investment Income | $50,621 | $47,372 | $43,388 |
| Distributable Amount | $40,334 | $38,083 | $37,734 |
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
48 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Kelsey Research Foundation ($10,000), Kinkaid School Construction Program ($10,000), Jackson Hole Land Trust 5th of 5 ($4,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Jackson Hole Land Trust 5th of 5 Jackson, WY | Environmental Improvement Save the Block | $4,000 |
| Grand Teton Music Festival Jackson, WY | Cultural Improvement & Education | $3,500 |
| Ypsilanti Historical Society Ypsilanti, MI | Historical Preservation | $1,500 |
| Texas Children's Hospital Houston, TX | Support Childrens Medical Research | $2,500 |
| Kelsey Research Foundation Houston, TX | Support Medical Research | $10,000 |
| Kinkaid School Construction Program Houston, TX | Construction of New High School | $10,000 |
| The Kinkaid School Annual Fund Houston, TX | Support K-12 Education | $1,000 |
| Jackson Hole Land Trust Jackson, WY | Environmental Improvement R-Park | $2,000 |
| St John's Cemetery Preservation Ypsilanti, MI | Preserve Historical Cemetery | $1,000 |
| Kinkaid School Fund Houston, TX | Annual Fund Supporting K-12 Education | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Kathryn Krips Nelson | President Treasurer | 3 | — |
| William M Krips | Vice President | 3 | — |
| Judy H Krips | Secretary | 1 | — |
| Jonathan C Nelson MD | Vice President | 1 | — |
| Caroline E Nelson | Director | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Krips Family Foundation?
Krips Family Foundation is a private foundation focused on Education, based in HOUSTON, TX. It holds $934K in total assets as of 2024.
How large is Krips Family Foundation?
As of 2024, Krips Family Foundation holds $934K in total assets with $39K in annual revenue. It awarded 10 grants totaling $37K in 2024.
Where does Krips Family Foundation operate?
Krips Family Foundation has awarded grants in Michigan, Texas, Virginia, Wyoming.
What size grants does Krips Family Foundation award?
In 2024, Krips Family Foundation awarded 10 grants totaling $37K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Krips Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Krips Family Foundation reported a distributable amount of $40K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Krips Family Foundation's EIN?
Krips Family Foundation's EIN (Employer Identification Number) is 76-0555636. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Krips Family Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Greater Houston Community Foundation
HOUSTON, TX
Assets
$1.1B
Grants
1,724
Total Given
$232.3M
National Philanthropic Trust
JENKINTOWN, PA
Assets
$42.2B
Grants
18,583
Total Given
$5.1B
Morgan Stanley Global Impact Funding Trust Inc
INDIANAPOLIS, IN
Assets
$9.1B
Grants
19,253
Total Given
$1.2B
Vivian L Smith Foundation
HOUSTON, TX
Assets
$67.9M
Grants
141
Total Given
$4.3M
Vanguard Charitable Endowment Program
SOUTHEASTERN, PA
Assets
$22.2B
Grants
24,269
Total Given
$3.0B
Shell Usa Company Foundation
HOUSTON, TX
Assets
$52.3M
Grants
4,650
Total Given
$16.0M
Gs Donor Advised Philanthropy Fund
NEW YORK, NY
Assets
$12.7B
Grants
7,424
Total Given
$3.0B
The Brown Foundation Inc
HOUSTON, TX
Assets
$1.1B
Grants
222
Total Given
$84.3M
Natl Christian Charitable Fdn Inc
ALPHARETTA, GA
Assets
$6.1B
Grants
16,327
Total Given
$2.6B
The Blackbaud Giving Fund
CHARLESTON SC, SC
Assets
$52.7M
Grants
1,860
Total Given
$41.4M
The Bookout Family Foundation
HOUSTON, TX
Assets
$9.5M
Grants
16
Total Given
$866K
Sterling-Turner Foundation
HOUSTON, TX
Assets
$14.0M
Grants
106
Total Given
$3.4M
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Krips Family Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Krips Family Foundation to a real strategy.