T5 Foundation Inc

Private foundation · Grantmaker Lynchburg, VA EIN: 99-4212563

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.

Key facts about T5 Foundation Inc

In short: T5 Foundation Inc gave $13K across 6 grants in 2025 (avg $2K), mostly in Virginia. Source: 2025 IRS Form 990-PF.

EIN
99-4212563
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$13,000
Grants made (2025)
6
Average grant
$2,167
Median grant
$2,250
Total assets
$21,000
Primary geography
Virginia (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$21K

Annual Giving

$13K

+116.7% YoY

Grant Count

6

+20.0% YoY

Avg Grant Size

$2K

+80.6% YoY

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2025 grant dollars across all 6 itemized grants.

Cities

LynchburgCary

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K5 grants2024 6 grants2025

From 2024 to 2025, annual grant giving ranged from $6K (2024) to $13K (2025). In 2025 it made 6 grants totaling $13K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2025

Miriams House: $3KMiriams House$3KLynchburg Daily Bread: $3KLynchburg Daily Bread$3KBoonsboro Country Club: $3KBoonsboro Country Club$3KPark View Community Mission: $2KPark View Community Mission$2KFreedom 424: $2KFreedom 424$2KYMCA of Central Virginia: $1KYMCA of Central Virginia$1K

The largest 2025 recipient was Miriams House ($3K). Together the top 6 received $13K.

Grant Size Distribution

11 grants across all recorded years

11<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 11 grants of 11 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Miriams House Lynchburg, VAContribution$3,000
Lynchburg Daily Bread Lynchburg, VAContribution$2,500
Boonsboro Country Club Lynchburg, VAContribution$2,500
Park View Community Mission Lynchburg, VAContribution$2,000
Freedom 424 Lynchburg, VAContribution$2,000
YMCA of Central Virginia Lynchburg, VAContribution$1,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
$0$10K$20K$30K$40K2024 2025
Metric20252024
Total Assets$21,000—
Revenue$30,000$10,000
Expenses$13,000$6,000

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 14, 2025)
  2. Added Form 990-PF for fiscal year 2025 (received by the IRS May 11, 2026)
  3. IRS filings on file for fiscal year 2024

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.

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