Teapot Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CASPER, WY. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $3.5M in total assets. In 2024, it awarded 20 grants totaling $192K. Net investment income was $391K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.5M
Annual Giving
$192K
Grant Count
20
Avg Grant Size
$10K
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.
About Teapot Foundation
Based on IRS filings
Teapot Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CASPER, WY. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $3.5M in total assets. In 2024, it awarded 20 grants totaling $192K. Net investment income was $391K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $3,537,475 | $3,214,676 | $1,967,863 |
| Revenue | $390,848 | $1,505,625 | $2,003,017 |
| Expenses | $202,073 | $258,812 | $35,154 |
| Qualifying Distributions | $192,000 | $120,000 | $35,000 |
| Net Investment Income | $390,848 | $483,298 | $3,017 |
| Distributable Amount | $187,456 | $109,763 | $3,283 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
31 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Wyoming Agriculture in the Classroom ($35,000), Brain & Behavior Research Foundation ($20,000), Mercury One Inc ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Brain & Behavior Research Foundation New York, NY | To provide for grants for the research of mental illness. | $20,000 |
| Climb Wyoming Cheyenne, WY | To offer training and placement assistance to low income single mothers. | $10,000 |
| Hillsdale College Hillsdale, MI | To provide assistance to the school in providing higher education at a reasonable cost. | $5,000 |
| Mercury One Inc Irving, TX | To provide humanitarian aid nationally and abroad. | $15,000 |
| National Alliance on Mental Illness Baltimore, MD | To provide research in mental health issues. | $10,000 |
| National Alliance on Mental Illness Wyoming Casper, WY | To educate, support, and advocate for those affected by mental illness. | $5,000 |
| Platte River Trails Trust Casper, WY | To construct and maintain non-motorized paths along the Platte River in Natrona Co., Wyoming. | $5,000 |
| Prager University Foundation Hollywood, FL | To provide assistance to the school in providing higher education at a reasonable cost. | $5,000 |
| Shriners Hospital for Children Tampa, FL | To provide reduced or no cost specialty medical care to children nationally. | $10,000 |
| St Jude Children's Hospital Inc Memphis, TN | To provide reduced or no cost specialty medical care to children nationally. | $15,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Chris M Smith | Trustee | 3 | — |
| W Paul Stille | Trustee | 0.5 | — |
| Leonard Garcia | Trustee | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Teapot Foundation?
Teapot Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CASPER, WY. It holds $3.5M in total assets as of 2024.
How large is Teapot Foundation?
As of 2024, Teapot Foundation holds $3.5M in total assets with $391K in annual revenue. It awarded 20 grants totaling $192K in 2024.
Where does Teapot Foundation operate?
Teapot Foundation has awarded grants in District of Columbia, Florida, Louisiana, Maryland, Michigan, New York, South Dakota, Tennessee, Texas, Wyoming.
What size grants does Teapot Foundation award?
In 2024, Teapot Foundation awarded 20 grants totaling $192K — an average of about $10K per grant, based on its IRS Form 990 filings.
How much is Teapot Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Teapot Foundation reported a distributable amount of $187K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
Explore Open Grants
Browse active grant opportunities in Teapot Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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