Pipe Dreams Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOUISVILLE, KY. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $11.7M in total assets. In 2024, it awarded 11 grants totaling $458K. Net investment income was $1.1M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$11.7M
+37.4% YoY
Annual Giving
$458K
+161.8% YoY
Grant Count
11
+266.7% YoY
Avg Grant Size
$42K
-28.6% YoY
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.
About Pipe Dreams Foundation Inc
Based on IRS filings
Pipe Dreams Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOUISVILLE, KY. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $11.7M in total assets. In 2024, it awarded 11 grants totaling $458K. Net investment income was $1.1M.
Focus Areas
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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 | $11,741,395 | $8,542,608 | $5,996,273 |
| Revenue | $3,667,600 | $2,739,711 | $2,531,000 |
| Expenses | $494,173 | $193,376 | $34,727 |
| Qualifying Distributions | $459,646 | $178,750 | $25,675 |
| Net Investment Income | $1,132,637 | $225,519 | $21,948 |
| Distributable Amount | $461,870 | $327,672 | $177,017 |
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
18 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Justin Thomas Foundation ($170,000), Miami University Foundation ($100,000), First Tee Foundation ($75,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ST VINCENT DE PAUL LOUISVILLE LOUISVILLE, KY | PROVIDE CLOTHING AND SHELTER TO THOSE FLEEING DOMESTIC VIOLENCE | $25,000 |
| KIDS CANCER ALLIANCE LOUISVILLE, KY | ENHANCE THE QUALITY OF LIFE FOR CHILDREN WITH CANCER AND THEIR FAMILIES | $10,000 |
| NAMI LOUISVILLE LOUISVILLE, KY | STRENGTHEN FAMILIES AND INDIVIDUALS AFFECTED BY MENTAL ILLNESS THROUGH EDUCATION, SUPPORT AND ADVOCACY | $500 |
| JUSTIN THOMAS FOUNDATION WASHINGTON, DC | IMPACT CHILDREN IN NEED, SUPPORT JUNIOR GOLF PROGRAMS, AND PROVIDE ASSISTANCE TO MILITARY FAMILIES | $170,000 |
| MIAMI UNIVERSITY FOUNDATION OXFORD, OH | SUPPORT OF MIAMI UNIVERSITY | $100,000 |
| AWESOME CENTER FOR ENTREPRENEURSHIP LEXINGTON, KY | RAISE AWARENESS OF THE IMPACT THAT ENTREPRENEURSHIP HAS MADE IN THE COMMONWEALTH | $20,000 |
| CATHOLIC SERVICE APPEAL COLUMBUS, OH | HELPS POOR AND VULNERABLE SENIORS AND FAMILIES REACH THEIR FULL POTENTIAL | $100 |
| NORTON CHILDREN HOSPITAL FOUNDATION LOUISVILLE, KY | SUPPORT NORTON CHILDREN'S HOSPITAL AND NORTON CHILDREN'S MEDICAL CENTER | $20,000 |
| LOST TREE FOUNDATION NORTH PALM BEACH, FL | WORKING TOGETHER TO STRENGTHEN THE SURROUNDING COMMUNITIES | $2,500 |
| FIRST TEE FOUNDATION TOLEDO, OH | REINFORCING VALUES LIKE INTEGRITY, RESPECT AND PERSEVERANCE THROUGH THE GAME OF GOLF | $75,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JAMES KIRCHDORFER JR | DIRECTOR | 1 | — |
| DANA KIRCHDORFER | DIRECTOR | 1 | — |
| MARK KIRCHDORFER | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Pipe Dreams Foundation Inc?
Pipe Dreams Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOUISVILLE, KY. It holds $11.7M in total assets as of 2024.
How large is Pipe Dreams Foundation Inc?
As of 2024, Pipe Dreams Foundation Inc holds $11.7M in total assets with $3.7M in annual revenue. It awarded 11 grants totaling $458K in 2024.
Where does Pipe Dreams Foundation Inc operate?
Pipe Dreams Foundation Inc has awarded grants in California, District of Columbia, Florida, Illinois, Kentucky, Ohio, Texas.
What size grants does Pipe Dreams Foundation Inc award?
In 2024, Pipe Dreams Foundation Inc awarded 11 grants totaling $458K — an average of about $42K per grant, based on its IRS Form 990 filings.
How much is Pipe Dreams Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Pipe Dreams Foundation Inc reported a distributable amount of $462K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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