Our Purpose Foundation

MCLEAN, VA EIN: 87-3786137

Our Purpose Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MCLEAN, VA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $4.4M in total assets. In 2024, it awarded 23 grants totaling $278K. Net investment income was $197K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.4M

-1.9% YoY

Annual Giving

$278K

+14.7% YoY

Grant Count

23

+4.5% YoY

Avg Grant Size

$12K

+9.7% YoY

About Our Purpose Foundation

Based on IRS filings

Our Purpose Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MCLEAN, VA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $4.4M in total assets. In 2024, it awarded 23 grants totaling $278K. Net investment income was $197K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

11states
+3 more states

Cities

AlexandriaArlingtonBerryvilleBluemontBostonBurlingtonErlangerFairfaxFalls ChurchFredericksburgHarrisonburgIndianaKennesawLeesburgLexingtonLouisaMcleanMineralMorgantownNashville

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$3M$4M$6M2021202220232024
Metric202420232022
Total Assets$4,436,289$4,520,603$4,694,572
Revenue$224,513$104,343$80,821
Expenses$309,976$271,311$294,130
Qualifying Distributions$280,736$244,940$277,230
Net Investment Income$196,734$83,559$61,566
Distributable Amount$256,540$233,241$233,034

Giving Over Time

Total grant dollars and number of grants per year

$0$69K$139K$208K$278K0 grants202126 grants202222 grants202323 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

WOLF TRAP ENCORE CIRCLE$25KCONNECT OUR KIDS$20KDOORWAYS FOR WOMEN$20KEMPOWER APPALACHIA FOUND…$20KFAIRWAYS FOR WARRIORS$20KSONGWRITING WITH SOLDIERS$20KTEENS OPPOSING POVERTY (…$20KUNITED FOR ALICE - RAPPA…$20KFOUNDATION FOR LAKE ANNA…$15KCODE OF SUPPORT$10K

Grant Size Distribution

71 grants across all recorded years

71<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

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

NameTitleHoursCompensation
JEFFREY DENNISTONPRESIDENT AND TREASURER1
KAREN DENNISTONVICE PRESIDENT AND SECRETARY1

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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