Pipe Dreams Foundation Inc

Private foundation · Grantmaker Louisville, KY EIN: 87-4100547

Pipe Dreams Foundation Inc is a private foundation based in Louisville, Kentucky. Its 2024 filing reports grants to charitable organizations working in areas including junior golf, children’s health, domestic-violence services, entrepreneurship, mental-health support, and assistance to seniors and families.

Pipe Dreams Foundation Inc at a glance

In short: Pipe Dreams Foundation Inc gave $458K across 11 grants in 2024 (avg $42K), top state Ohio. 91% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$458,100
+161.8% vs 2023
Grants made (2024)
11
+266.7% vs 2023
Average grant
$41,645
-28.6% vs 2023
Median grant
$20,000
Total assets
$11,741,395
+37.4% vs 2023
New grantees (estimate)
91% first-time grantees (10 of 11, 2024; small sample)
Primary geography
Ohio (38% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to Pipe Dreams Foundation Inc

Accepts unsolicited proposals
No
How to Apply

The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.

Contact

Mailing address: 100 Witherspoon St, Louisville, KY 40202
Phone: (502) 318-6642

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Pipe Dreams Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Justin Thomas Foundation: $170KJustin Thomas Foundation$170KMiami University Foundation: $100KMiami University Foundation$100KFirst Tee Foundation: $75KFirst Tee Foundation$75KImpact Golf Foundation: $35KImpact Golf Foundation$35KSt Vincent De Paul Louisville: $25KSt Vincent De Paul Louisville$25KAwesome Center for Entrepreneurship: $20KAwesome Center forEntrepreneurship$20KNorton Children Hospital Foundation: $20KNorton Children HospitalFoundation$20KKids Cancer Alliance: $10KKids Cancer Alliance$10KLost Tree Foundation: $3KLost Tree Foundation$3KNAMI Louisville: $500NAMI Louisville$500

The largest 2024 recipient was Justin Thomas Foundation ($170K). Together the top 10 received $458K.

Grant Size Distribution

18 grants across all recorded years

14<$50K1$50–100K3$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 14 grants of 18 (78%).

Geographic Focus

Where this funder awards grants

In 2024, grant dollars went to recipients in Ohio (38%), Washington, DC (37%), Kentucky (16%), California (8%), and Florida (1%).

Grant Distribution by State

7states

Share of 2024 grant dollars across all 11 itemized grants.

Cities

LouisvilleGlenviewBakersfieldColumbusFrankfortHoustonLexingtonNorth Palm BeachOxfordToledoWashington

Is Pipe Dreams Foundation Inc open to new grantees?

91%

first-time grantees, 2024

In 2024, 10 of 11 grantees (91%) were first-time recipients. With only 11 grantees, that is a small sample: one grantee more or less moves the share by about 9 points. First grants averaged $43K; repeat grants $25K. How we count

Medians: $20K first-time, $25K repeat.

  • 9% of 2024 grantees were also funded in 2023. Method
  • In 2024 it paid out 100% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2022–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K0 grants2021 4 grants2022 3 grants2023 11 grants2024

From 2022 to 2024, annual grant giving ranged from $24K (2022) to $458K (2024). In 2024 it made 11 grants totaling $458K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Justin Thomas Foundation Washington, DCImpact children in need, support junior golf programs, and provide assistance to military families$170,000
Miami University Foundation Oxford, OHSupport of Miami University$100,000
First Tee Foundation Toledo, OHReinforcing values like integrity, respect and perseverance through the game of golf$75,000
Impact Golf Foundation Bakersfield, CAProviding children with golf equipment, access to golf facilities, and providing mentorship$35,000
St Vincent De Paul Louisville Louisville, KYProvide clothing and shelter to those fleeing domestic violence$25,000
Awesome Center for Entrepreneurship Lexington, KYRaise awareness of the impact that entrepreneurship has made in the commonwealth$20,000
Norton Children Hospital Foundation Louisville, KYSupport norton children's hospital and norton children's medical center$20,000
Kids Cancer Alliance Louisville, KYEnhance the quality of life for children with cancer and their families$10,000
Lost Tree Foundation North Palm Beach, FLWorking Together to Strengthen the Surrounding Communities$2,500
NAMI Louisville Louisville, KYStrengthen families and individuals affected by mental illness through education, support and advocacy$500
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$11,741,395$3,667,600$494,173$458,10011$459,646$1,132,637$461,870
2023$8,542,608$2,739,711$193,376$175,0003$178,750$225,519$327,672
2022$5,996,273$2,531,000$34,727$23,5004$25,675$21,948$177,017
2021$3,500,000$3,500,000—————$4,723

Under IRS private-foundation payout rules, Pipe Dreams Foundation Inc reported a distributable amount of $462K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2024 grants included support for golf programs and organizations, children’s health, shelter and clothing for people fleeing domestic violence, entrepreneurship awareness, mental-health education and support, and services for seniors and families.

Among the grantees, Awesome Center for Entrepreneurship described its mission as raising awareness of entrepreneurship’s impact in Kentucky and encouraging others to pursue similar endeavors. Kids Cancer Alliance described its mission as enhancing the quality of life for children with cancer and their families through recreational and support programs.

Grantmaking

In 2024, the foundation made 11 grants totaling $458,100. The median grant was $20,000; individual grants ranged from $100 to $170,000. Notable grants included $170,000 to the Justin Thomas Foundation, $100,000 to Miami University Foundation, $75,000 to First Tee Foundation, and $35,000 to Impact Golf Foundation. Other recipients included St Vincent de Paul Louisville ($25,000), Awesome Center for Entrepreneurship ($20,000), Norton Children Hospital Foundation ($20,000), and Kids Cancer Alliance ($10,000).

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists James Kirchdorfer Jr, Dana Kirchdorfer, and Mark Kirchdorfer as directors.

Pipe Dreams Foundation Inc's 2024 filing lists 3 officers; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Dana Kirchdorfer

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • James Kirchdorfer Jr.

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Mark Kirchdorfer

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2021–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Pipe Dreams Foundation Inc

How much does Pipe Dreams Foundation Inc give each year?

Pipe Dreams Foundation Inc gave $458K across 11 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $175K across 3 grants.

What is Pipe Dreams Foundation Inc's typical grant size?

Pipe Dreams Foundation Inc's median grant in 2024 was $20,000, and its average grant was $41,645, across 11 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Pipe Dreams Foundation Inc that year got $43K on average.

Where does Pipe Dreams Foundation Inc give grants?

Pipe Dreams Foundation Inc's top state is Ohio, with 38% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were District of Columbia (37%) and Kentucky (16%). The most frequent recipient cities were Louisville, KY (4 grants).

Does Pipe Dreams Foundation Inc give general operating support?

Not in 2024: none of the 11 grants with a stated purpose on Pipe Dreams Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support.

Who are Pipe Dreams Foundation Inc's largest grantees?

Pipe Dreams Foundation Inc's largest 2024 grantees include Justin Thomas Foundation ($170,000), Miami University Foundation ($100,000) and First Tee Foundation ($75,000), according to its 2024 IRS Form 990-PF. Together they received 75% of its itemized 2024 grant dollars.

How large is Pipe Dreams Foundation Inc?

Pipe Dreams Foundation Inc reported $11.7M in total assets on its 2024 IRS Form 990-PF. It paid out $460K in qualifying distributions that year, against a required minimum of $462K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What does Pipe Dreams Foundation Inc fund?

No mission statement for the foundation is provided. See mission & focus areas ↑

How do I apply for a grant from Pipe Dreams Foundation Inc?

The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Pipe Dreams Foundation Inc's EIN?

Pipe Dreams Foundation Inc's EIN (Employer Identification Number) is 87-4100547. IRS Form 990 filing data is available on this page for 2021–2024.

Does Pipe Dreams Foundation Inc accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2024

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Cite this profile

Grantable. (2026). Pipe Dreams Foundation Inc funder profile. GrantGraph. Retrieved October 14, 2026, from https://grantable.co/funders/pipe-dreams-foundation-inc-morg_53d2c6094f6b42d9a83674fda88ec2b7

BibTeX
@misc{grantable_874100547_2026,
  author       = {{Grantable}},
  title        = {{Pipe Dreams Foundation Inc funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/pipe-dreams-foundation-inc-morg_53d2c6094f6b42d9a83674fda88ec2b7},
  note         = {Accessed 2026-10-14. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from Pipe Dreams Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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