Susan Lynde Duval Phipps Foundation Inc

Foundation · Grantmaker 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.

Key facts about Susan Lynde Duval Phipps Foundation Inc

EIN
54-2015359
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$346,000
Grants made (2024)
36
Average grant
$9,611
Median grant
$5,000
Total assets
$13,561,362
Primary geography
Virginia (39% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Susan Lynde Duval Phipps Foundation Inc funds

By grant dollars, the top recipient states for Susan Lynde Duval Phipps Foundation Inc's 36 itemized 2024 grants were Virginia (39%), District of Columbia (20%) and New York (16%). The most frequent recipient cities were Washington, DC (8 grants), McLean, VA (4 grants), Annandale, VA (2 grants) and New York, NY (2 grants). None of its 36 grants with a stated purpose were described as general or operating support. Recurring purposes include "To Support Charitalbe Purpose of Organization" (8 grants), "To Support Charitable Purpose of Organization" (6 grants) and "To Aid in Rescue and Rehabilitation of Animals" (3 grants).

How Susan Lynde Duval Phipps Foundation Inc gives

  • 67% of 2024 grantees were also funded in 2023. Method
  • In 2024 it paid out 52% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized IRS Form 990-PF grant lists (2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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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

Share of all 36 itemized 2024 grant dollars.

Cities

WashingtonMcleanArlingtonFairfaxGarrisonSilver SpringWakefieldAlexandriaAnnandaleCharlottesvilleEdgewaterFalls ChurchGreat FallsNew YorkSanta BarbaraAshevilleBronxCentrevilleSan DiegoBaltimore

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

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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 Trust: $35KNorthern Va Conservation Trust$35KPotomac Conservancy: $35KPotomac Conservancy$35KCapital Caring: $25KCapital Caring$25KDirect Relief: $20KDirect Relief$20KInternational Relief Teams: $20KInternational Relief Teams$20KSouthern Environmental Law Center: $20KSouthern Environmental LawCenter$20KThe Garden Conservancy: $20KThe Garden Conservancy$20KWorld Central Kitchen: $20KWorld Central Kitchen$20KDoctors Without Borders: $15KDoctors Without Borders$15KAmerican Horticultural Society: $10KAmerican Horticultural Society$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 recipients include Northern Va Conservation Trust ($35,000), Potomac Conservancy ($35,000), Capital Caring ($25,000).

RecipientPurposeAmount
NORTHERN VA CONSERVATION TRUST Annandale, VATO SUPPORT CHARITABLE PURPOSE OF ORGANIZATION$35,000
POTOMAC CONSERVANCY Silver Spring, MDTO SUPPORT PROTECTION OF THE POTOMAC RIVER WATERSHED$35,000
CAPITAL CARING Falls Church, VATO SUUPORT HIGHEST QUALITY ADVANCED ILLNESS CARE$25,000
DIRECT RELIEF Santa Barbara, CATO SUPPORT AND AID IN HUMANITARIAN, CLIMATE, AND COMMUNITY CRISES$20,000
INTERNATIONAL RELIEF TEAMS New York, NYTO SUPPORT AND AID IN HUMANITARIAN, CLIMATE, AND COMMUNITY CRISES$20,000
SOUTHERN ENVIRONMENTAL LAW CENTER Charlottesville, VATO AID IN PROTECTION OF ENVIRONMENT AND NATURAL RESOURCES$20,000
THE GARDEN CONSERVANCY Garrison, NYTO SUPPORT CHARITALBE PURPOSE OF ORGANIZATION$20,000
WORLD CENTRAL KITCHEN Washington, DCTO HELP SUPPORT PROVISION OF MEALS IN RESPONSE TO HUMANITARIAN, CLIMATE, AND COMMUNITY CRISES$20,000
DOCTORS WITHOUT BORDERS New York, NYTO SUPPORT CHARITABLE PURPOSE OF ORGANIZATION$15,000
AMERICAN HORTICULTURAL SOCIETY Alexandria, VATO SUPPORT EDUCATION ON THE CRITICAL ROLE OF PLANTS AND GARDENS IN CREATING HEALTHY LIVABLE COMMUNITIES$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS 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 September 2026. Sourced from IRS Form 990-PF filings.

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