The Loupassi Foundation is a private grantmaking foundation based in Richmond, Virginia. Established in 1999, it operates as a 501(c)(3) organization with a focus on generating investment income to support charitable causes.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.8M
+3.7% YoY
Annual Giving
$648K
-0.7% YoY
Grant Count
27
+22.7% YoY
Avg Grant Size
$24K
-19.1% YoY
Mission & Focus Areas
The foundation primarily funds charities, medical charities, and education. Its core funding priorities include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
Grantmaking
The foundation primarily funds organizations in Virginia, Tennessee, and Pennsylvania.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $4,828,937
- Total Revenues: $825,095
- Total Expenses: $660,683
- Total Giving: $647,525
Revenue Sources:
- Grants and contributions: $500,000
- Investment income and dividends: $224,565
Historical Assets (2023):
- Total Assets: $4,660,000
- Total Liabilities: $0
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,828,937 | $4,656,482 | $4,557,022 |
| Revenue | $825,095 | $775,713 | $818,680 |
| Expenses | $660,683 | $668,289 | $420,958 |
| Qualifying Distributions | $647,672 | $652,817 | $414,437 |
| Net Investment Income | $318,109 | $319,266 | $313,784 |
| Distributable Amount | $484,621 | $404,879 | $410,667 |
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
141 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CAROL LOUPASSI | Foundation Mgr. | 6 | — |
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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The Roth Family Foundation
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Assets
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Total Given
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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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