T5 Foundation Inc
T5 Foundation Inc is a private foundation focused on Housing & Shelter, based in Lynchburg, VA. IRS filing data is available from 2024 through 2025. As of 2025, the organization holds $21K in total assets. In 2025, it awarded 6 grants totaling $13K.
T5 Foundation Inc at a glance
In short: T5 Foundation Inc gave $13K across 6 grants in 2025 (avg $2K), mostly in Virginia. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $13,000
- +116.7% vs 2024
- Grants made (2025)
- 6
- +20.0% vs 2024
- Average grant
- $2,167
- +80.6% vs 2024
- Median grant
- $2,250
- Total assets
- $21,000
- Primary geography
- Virginia (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who T5 Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2025
The largest 2025 recipient was Miriams House ($3K). Together the top 6 received $13K.
Grant Size Distribution
11 grants across all recorded years
The most common grant size was under $50K: 11 grants of 11 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 6 itemized grants.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2024 to 2025, annual grant giving ranged from $6K (2024) to $13K (2025). In 2025 it made 6 grants totaling $13K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Miriams House Lynchburg, VA | Contribution | $3,000 |
| Lynchburg Daily Bread Lynchburg, VA | Contribution | $2,500 |
| Boonsboro Country Club Lynchburg, VA | Contribution | $2,500 |
| Park View Community Mission Lynchburg, VA | Contribution | $2,000 |
| Freedom 424 Lynchburg, VA | Contribution | $2,000 |
| YMCA of Central Virginia Lynchburg, VA | Contribution | $1,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants |
|---|---|---|---|---|---|
| 2025 | $21,000 | $30,000 | $13,000 | $13,000 | 6 |
| 2024 | — | $10,000 | $6,000 | $6,000 | 5 |
Leadership & Key People
Officers and directors from IRS filings
T5 Foundation Inc is led by Kenneth Terrell, President on every filing since 2024; none of the 6 officers listed in 2025 report compensation.
Officers on the 2025 filing
Kenneth Terrell
President
On filings since 2024
1 hr/week
No compensation reported
Caleb Koons
Director
On filings since 2024
1 hr/week
No compensation reported
John Knouse
Director
On filings since 2024
1 hr/week
No compensation reported
Peyton Collins
Director
On filings since 2024
1 hr/week
No compensation reported
Ward Lammerts
Director
On filings since 2024
1 hr/week
No compensation reported
William Leavitt
Director
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 T5 Foundation Inc
How much does T5 Foundation Inc give each year?
T5 Foundation Inc gave $13K across 6 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $6K across 5 grants.
What is T5 Foundation Inc's typical grant size?
T5 Foundation Inc's median grant in 2025 was $2,250, and its average grant was $2,167, across 6 grants on its 2025 IRS Form 990-PF.
Where does T5 Foundation Inc give grants?
T5 Foundation Inc gives mostly in Virginia: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Lynchburg, VA (6 grants).
Does T5 Foundation Inc give general operating support?
Not in 2025: none of the 6 grants with a stated purpose on T5 Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Contribution" (6 grants).
Who are T5 Foundation Inc's largest grantees?
T5 Foundation Inc's largest 2025 grantees include Miriams House ($3,000), Lynchburg Daily Bread ($2,500) and Boonsboro Country Club ($2,500), according to its 2025 IRS Form 990-PF. Together they received 62% of its itemized 2025 grant dollars.
How large is T5 Foundation Inc?
T5 Foundation Inc reported $21K in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $30K.
What is T5 Foundation Inc?
T5 Foundation Inc is a private foundation focused on Housing & Shelter, based in Lynchburg, VA. It holds $21K in total assets as of 2025.
What is T5 Foundation Inc's EIN?
T5 Foundation Inc's EIN (Employer Identification Number) is 99-4212563. IRS Form 990 filing data is available on this page for 2024–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 14, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 11, 2026)
- IRS filings on file for fiscal year 2024
Live grants for the work T5 Foundation Inc funds
Housing & Shelter Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in T5 Foundation Inc's focus areas in our free grants database
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