Proteus Foundation logo

Proteus Foundation

WINCHESTER, VA EIN: 54-2013543 Website

Proteus Foundation is a private foundation based in Winchester, Virginia, established in 2003. The foundation supports local charities and promotes conservation initiatives, with a particular focus on higher education, scientific research, urban initiatives, urban forest growth, theatres, and educational programs.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$8.7M

+8.2% YoY

Annual Giving

$416K

-7.6% YoY

Grant Count

27

+28.6% YoY

Avg Grant Size

$15K

-28.1% YoY

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

Mission & Focus Areas

The foundation's primary purpose is to support local charities in Highland County, Virginia; Staunton, Virginia; and Pittsburgh, Pennsylvania, while promoting conservation programs and activities.

The foundation also engages in computer programming in support of academic research in the area of complex adaptive systems, with plans to publish scientific papers on these findings upon completion.

Grantmaking

The foundation provides general operating and project support to nonprofit organizations.

Grant Range

$5,000–$265,000

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Geographic Focus

Where this funder awards grants

The foundation's primary geographic areas of interest are:

  • Highland County, Virginia
  • Staunton, Virginia
  • Pittsburgh, Pennsylvania

Grant Distribution by State

10states
+2 more states

Cities

BlacksburgBostonBoulderCambridgeCharlottesvilleCoronaDoe HillEncinitasFairfaxFranklinHarrisonburgHomesteadHopeLexingtonMcdowellMontereyPittsburghRoanokeSanta FeSewickley

Financial History

Multi-year comparison from IRS filings

As of 2024:

  • Total assets: $8,669,837
  • Total revenues: $1,179,832
  • Total expenses: $525,387
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$324K$649K$973K$1M20202021202220232024
Metric202420232022
Total Assets$8,669,837$8,015,392$8,051,153
Revenue$1,179,832$517,637$616,364
Expenses$525,387$553,398$604,588
Qualifying Distributions$416,000$450,000$475,000
Net Investment Income$1,088,248$431,136$523,191
Distributable Amount$464,326$444,133$465,294

Giving Over Time

Total grant dollars and number of grants per year

$0$120K$240K$359K$479K23 grants202025 grants202122 grants202221 grants202327 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

SWEETWATER CENTER FOR ARTS$88KCENTER FOR OPEN SCIENCE$50KMEDIATORS FOUNDATION$50KCOMMUNITY FOUNDATION OF …$28KGREEN FORESTS WORK$25KMASSACHUSETTS INSTITUTE …$25KSANTA FE INSTITUTE$25KFUTURE GENERATIONS UNIVE…$16KRADIANT HALL$10KTHE LINDSAY THEATER$10K

Grant Size Distribution

118 grants across all recorded years

104<$50K11$50–100K2$100–250K1$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
JAMES P RUTTDIRECTOR5
CELIA W RUTTDIRECTOR10
KATHLEEN WALKERDIRECTOR1

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. Research dossier generated April 2026.

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