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
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
States
Cities
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
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
118 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 |
|---|---|---|---|
| JAMES P RUTT | DIRECTOR | 5 | — |
| CELIA W RUTT | DIRECTOR | 10 | — |
| KATHLEEN WALKER | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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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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