Teapot Foundation
Teapot Foundation is a private foundation based in Casper, Wyoming. Its 2024 filing says it does not restrict giving to preselected organizations, and that the majority of its grants will support organizations promoting agricultural activities, health and mental health, education, community services, and crisis assistance.
Teapot Foundation at a glance
In short: Teapot Foundation gave $192K across 20 grants in 2024 (avg $10K), top state Wyoming. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $192,000
- Grants made (2024)
- 20
- Average grant
- $9,600
- Median grant
- $7,500
- Total assets
- $3,537,475
- Primary geography
- Wyoming (48% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
How to apply to Teapot Foundation
- Accepts unsolicited proposals
- Yes
- How to Apply
-
The foundation accepts unsolicited requests. Applications should be submitted by mail or email to Chris M Smith. The filing lists no award restrictions, but says the majority of grants will go to organizations promoting agricultural activities, health and mental health activities, education, community services, and crisis assistance.
- Contact
Application contact: Chris M Smith
Mailing address: 141 S Center Suite 200, Casper, WY 82601
Phone: (307) 265-3800
Email: contact@lrileyco.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Teapot Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Wyoming Agriculture in the Classroom ($35K). Together the top 10 received $148K.
Grant Size Distribution
31 grants across all recorded years
The most common grant size was under $50K: 31 grants of 31 (100%).
Geographic Focus
Where this funder awards grants
In 2024, 48% of grant dollars went to recipients in Wyoming. The other leading recipient states were Florida (13%), New York (10%), Texas (8%), and Tennessee (8%). The listed grants also include recipients in other states.
Grant Distribution by State
Share of 2024 grant dollars across all 20 itemized grants.
States
Cities
How Teapot Foundation gives
- Giving grew 449% from 2021 to 2024. Method
- In 2024 it paid out 102% 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
From 2021 to 2024, annual grant giving ranged from $35K (2021) to $192K (2024). In 2024 it made 20 grants totaling $192K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Wyoming Agriculture in the Classroom Cheyenne, WY | To educate students in about the agriculture business. | $35,000 |
| Brain & Behavior Research Foundation New York, NY | To provide for grants for the research of mental illness. | $20,000 |
| Mercury One Inc Irving, TX | To provide humanitarian aid nationally and abroad. | $15,000 |
| St Jude Children's Hospital Inc Memphis, TN | To provide reduced or no cost specialty medical care to children nationally. | $15,000 |
| Ucross Foundation Clearmon, WY | To provide support and housing to individuals working in the arts industries. | $15,000 |
| Climb Wyoming Cheyenne, WY | To offer training and placement assistance to low income single mothers. | $10,000 |
| National Alliance on Mental Illness Baltimore, MD | To provide research in mental health issues. | $10,000 |
| Shriners Hospital for Children Tampa, FL | To provide reduced or no cost specialty medical care to children nationally. | $10,000 |
| Wounded Warrior Project Jacksonville, FL | To provide support and assistance to vetrans. | $10,000 |
| The Cajun Army Inc Baton Rouge, LA | To provide natural disaster relief and clean up assistance. | $7,500 |
Ready to take the next step with Teapot Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $3,537,475 | $390,848 | $202,073 | $192,000 | 20 | $192,000 | $390,848 | $187,456 |
| 2022 | $3,214,676 | $1,505,625 | $258,812 | $120,000 | 10 | $120,000 | $483,298 | $109,763 |
| 2021 | $1,967,863 | $2,003,017 | $35,154 | $35,000 | 1 | $35,000 | $3,017 | $3,283 |
Under IRS private-foundation payout rules, Teapot Foundation reported a distributable amount of $187K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 filing identifies agricultural activities, health and mental health, education, community services, and crisis assistance as areas expected to receive the majority of grants.
Grantees’ own descriptions illustrate the range of organizations supported. Ucross Foundation says it fosters artists and groups by providing time, studio space, and living accommodations. Mercury One describes its work as humanitarian aid and education, including assistance to veterans and people in crisis. Wounded Warrior Project says it focuses on the well-being of post-9/11 veterans, active-duty service members, and their families. Wyoming Community Foundation says it connects people with causes to build a better Wyoming, while Platte River Trails Trust describes its mission as developing a recreational and transportation trail corridor.
Grantmaking
In 2024, the foundation gave 20 grants totaling $192,000. Grants ranged from $1,000 to $35,000, with a median of $7,500.
The largest 2024 grants included $35,000 to Wyoming Agriculture in the Classroom for agricultural education; $20,000 to Brain & Behavior Research Foundation for mental illness research; and $15,000 each to Mercury One for humanitarian aid, St Jude Children’s Hospital for reduced- or no-cost specialty care for children, and Ucross Foundation for support and housing for people working in the arts. Other notable awards were $10,000 each to Climb Wyoming, National Alliance on Mental Illness, Shriners Hospital for Children, and Wounded Warrior Project; $7,500 each to The Cajun Army and Wyoming Community Foundation; and $5,000 to Hillsdale College.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Chris M Smith, W Paul Stille, and Leonard Garcia as trustees.
Teapot Foundation's 2024 filing lists 3 officers; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Chris M Smith
Trustee
New on the 2024 filing
3 hrs/week
No compensation reported
Leonard Garcia
Trustee
New on the 2024 filing
0.5 hrs/week
No compensation reported
W Paul Stille
Trustee
New on the 2024 filing
0.5 hrs/week
No compensation reported
Former officers (1)
- Former: Leo Riley Co (2021–2022) — Trustee & CPA Firm
Data from IRS Form 990 filings, 2021–2024. "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 Teapot Foundation
How much does Teapot Foundation give each year?
Teapot Foundation gave $192K across 20 grants in 2024, according to its 2024 IRS Form 990-PF.
What is Teapot Foundation's typical grant size?
Teapot Foundation's median grant in 2024 was $7,500, and its average grant was $9,600, across 20 grants on its 2024 IRS Form 990-PF.
Where does Teapot Foundation give grants?
Teapot Foundation's top state is Wyoming, with 48% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Florida (13%) and New York (10%). The most frequent recipient cities were Casper, WY (3 grants) and Cheyenne, WY (2 grants).
Does Teapot Foundation give general operating support?
Not in 2024: none of the 20 grants with a stated purpose on Teapot Foundation's 2024 IRS Form 990-PF were described as general or operating support.
Who are Teapot Foundation's largest grantees?
Teapot Foundation's largest 2024 grantees include Wyoming Agriculture in the Classroom ($35,000), Brain & Behavior Research Foundation ($20,000) and Mercury One Inc ($15,000), according to its 2024 IRS Form 990-PF. Together they received 36% of its itemized 2024 grant dollars.
How large is Teapot Foundation?
Teapot Foundation reported $3.5M in total assets on its 2024 IRS Form 990-PF. It paid out $192K in qualifying distributions that year, against a required minimum of $187K (roughly 5% of its investment assets).
What does Teapot Foundation fund?
No mission statement for the foundation is provided. Its 2024 filing identifies agricultural activities, health and mental health, education, community services, and crisis assistance as areas expected to receive the majority of grants. See mission & focus areas ↑
How do I apply for a grant from Teapot Foundation?
The foundation accepts unsolicited requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Teapot Foundation's EIN?
Teapot Foundation's EIN (Employer Identification Number) is 87-3878379. IRS Form 990 filing data is available on this page for 2021–2024.
Does Teapot Foundation accept unsolicited proposals?
Yes, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2024
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Cite this profile
Grantable. (2026). Teapot Foundation funder profile. GrantGraph. Retrieved October 14, 2026, from https://grantable.co/funders/teapot-foundation-morg_b7558c6781004bbb9c697a6e74cc59f8
BibTeX
@misc{grantable_873878379_2026,
author = {{Grantable}},
title = {{Teapot Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/teapot-foundation-morg_b7558c6781004bbb9c697a6e74cc59f8},
note = {Accessed 2026-10-14. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Teapot Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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