Southpoint Family Foundation
Southpoint Family Foundation is a private foundation, based in Wilmington, DE. IRS filing data is available from 2024 through 2025. As of 2025, the organization holds $499K in total assets. In 2025, it awarded 1 grant totaling $10K. Net investment income was $7K.
Southpoint Family Foundation at a glance
In short: Southpoint Family Foundation gave $10K across 1 grant in 2025 (avg $10K), mostly in Arizona. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $10,000
- Grants made (2025)
- 1
- Average grant
- $10,000
- Median grant
- $10,000
- Total assets
- $499,485
- +97.4% vs 2024
- Primary geography
- Arizona (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated November 2026.
Who Southpoint Family Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Turning Point USA Inc ($10K).
Grant Size Distribution
1 grant across all recorded years
The most common grant size was under $50K: 1 grant of 1 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How Southpoint Family Foundation gives
- In 2025 it paid out 119% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2025 it made 1 grant totaling $10K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Turning Point USA Inc Phoenix, AZ | General & Unrestricted | $10,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $499,485 | $265,972 | $19,488 | $10,000 | 1 | $18,411 | $6,592 | $15,428 |
| 2024 | $253,001 | $260,001 | $7,000 | — | — | $7,000 | $1 | $374 |
Under IRS private-foundation payout rules, Southpoint Family Foundation reported a distributable amount of $15K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Southpoint Family Foundation is led by Jeff Worthen, President & Director on every filing since 2024; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Jeff Worthen
President & Director
On filings since 2024
1 hr/week
No compensation reported
Machiea Worthen
Director, Secretary & Treasurer
On filings since 2024
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2024–2025. "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 Southpoint Family Foundation
How much does Southpoint Family Foundation give each year?
Southpoint Family Foundation gave $10K across 1 grant in 2025, according to its 2025 IRS Form 990-PF.
How large is Southpoint Family Foundation?
Southpoint Family Foundation reported $499K in total assets on its 2025 IRS Form 990-PF. It paid out $18K in qualifying distributions that year, against a required minimum of $15K (roughly 5% of its investment assets).
Where does Southpoint Family Foundation operate?
Southpoint Family Foundation has awarded grants in Arizona.
What is Southpoint Family Foundation's EIN?
Southpoint Family Foundation's EIN (Employer Identification Number) is 33-2036655. IRS Form 990 filing data is available on this page for 2024–2025.
Data last updated November 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS September 22, 2026)
- IRS filings on file for fiscal year 2024
Live grants for the work Southpoint Family Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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