Susan Lynde Duval Phipps Foundation Inc

MCLEAN, VA EIN: 54-2015359

Susan Lynde Duval Phipps Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MCLEAN, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $13.6M in total assets. In 2024, it awarded 36 grants totaling $346K. Net investment income was $978K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$13.6M

+107.6% YoY

Annual Giving

$346K

+130.7% YoY

Grant Count

36

+28.6% YoY

Avg Grant Size

$10K

+79.4% YoY

Under IRS private-foundation payout rules, Susan Lynde Duval Phipps Foundation Inc reported a distributable amount of $671K for 2024 — the minimum it must pay out in qualifying distributions.

About Susan Lynde Duval Phipps Foundation Inc

Based on IRS filings

Susan Lynde Duval Phipps Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MCLEAN, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $13.6M in total assets. In 2024, it awarded 36 grants totaling $346K. Net investment income was $978K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

8states

Cities

AlexandriaAnnandaleArlingtonAshevilleBaltimoreBronxCentrevilleCharlottesvilleEdgewaterFairfaxFalls ChurchGarrisonGreat FallsMcleanMerrifieldNew YorkNewtonRichmondSan DiegoSanta Barbara

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M$8M20202021202220232024
Metric202420232022
Total Assets$13,561,362$6,531,765$1,419,119
Revenue$7,454,462$5,304,055$269,613
Expenses$453,544$194,469$120,504
Qualifying Distributions$346,000$150,000$110,000
Net Investment Income$978,060$614,398$102,958
Distributable Amount$670,960$306,045$129,387

Giving Over Time

Total grant dollars and number of grants per year

$0$87K$173K$260K$346K5 grants20200 grants202117 grants202228 grants202336 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

NORTHERN VA CONSERVATION…$35KPOTOMAC CONSERVANCY$35KCAPITAL CARING$25KDIRECT RELIEF$20KINTERNATIONAL RELIEF TEAMS$20KSOUTHERN ENVIRONMENTAL L…$20KTHE GARDEN CONSERVANCY$20KWORLD CENTRAL KITCHEN$20KDOCTORS WITHOUT BORDERS$15KAMERICAN HORTICULTURAL S…$10K

Grant Size Distribution

86 grants across all recorded years

86<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Northern Va Conservation Trust ($35,000), Potomac Conservancy ($35,000), Capital Caring ($25,000).

RecipientPurposeAmount
AMERICAN HORTICULTURAL SOCIETY ALEXANDRIA, VATO SUPPORT EDUCATION ON THE CRITICAL ROLE OF PLANTS AND GARDENS IN CREATING HEALTHY LIVABLE COMMUNITIES$10,000
ANIMAL WELFARE LEAGUE OF ARLINGTON ARLINGTON, VATO AID IN RESCUE AND REHABILITATION OF ANIMALS$10,000
CAMPAIGN LEGAL CENTER WASHINGTON, DCTO SUPPORT CHARITALBE PURPOSE OF ORGANIZATION$10,000
CAPITAL AREA FOOD BANK WASHINGTON, DCTO SUPPORT PROVISION OF MEALS TO THOSE IN NEED$10,000
CAPITAL CARING FALLS CHURCH, VATO SUUPORT HIGHEST QUALITY ADVANCED ILLNESS CARE$25,000
COMMUNITY FOUNDAITON FOR WESTERN NC ASHEVILLE, NCTO SUPPORT CHARITALBE PURPOSE OF ORGANIZATION$5,000
DIRECT RELIEF SANTA BARBARA, CATO SUPPORT AND AID IN HUMANITARIAN, CLIMATE, AND COMMUNITY CRISES$20,000
DOCTORS WITHOUT BORDERS NEW YORK, NYTO SUPPORT CHARITABLE PURPOSE OF ORGANIZATION$15,000
EARTH SANGHA ANNANDALE, VATO SUPPORT CHARITABLE PURPOSE OF ORGANIZATION$1,000
EDUTUTOR OF VIRGINIA INC MERRIFIELD, VATO OFFER HIGH IMPACT VIRTUAL TUTORING BY TRAINED COLLEGE TUTORS TO VA STUDENTS IN HIGH-NEEDS SCHOOLS$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
CLAIRE GRAHAMVICE-PRESIDENT
DANIEL H DUVALPRESIDENT
KAREN K DUVALTREASURER
WILLIAM H DUVALDIRECTOR

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Susan Lynde Duval Phipps Foundation Inc?

Susan Lynde Duval Phipps Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MCLEAN, VA. It holds $13.6M in total assets as of 2024.

How large is Susan Lynde Duval Phipps Foundation Inc?

As of 2024, Susan Lynde Duval Phipps Foundation Inc holds $13.6M in total assets with $7.5M in annual revenue. It awarded 36 grants totaling $346K in 2024.

Where does Susan Lynde Duval Phipps Foundation Inc operate?

Susan Lynde Duval Phipps Foundation Inc has awarded grants in California, Connecticut, District of Columbia, Maryland, North Carolina, New York, Rhode Island, Virginia.

What size grants does Susan Lynde Duval Phipps Foundation Inc award?

In 2024, Susan Lynde Duval Phipps Foundation Inc awarded 36 grants totaling $346K — an average of about $10K per grant, based on its IRS Form 990 filings.

How much is Susan Lynde Duval Phipps Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Susan Lynde Duval Phipps Foundation Inc reported a distributable amount of $671K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Susan Lynde Duval Phipps Foundation Inc's EIN?

Susan Lynde Duval Phipps Foundation Inc's EIN (Employer Identification Number) is 54-2015359. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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