The Culpeper Library Foundation Inc

Private foundation · Grantmaker Culpeper, VA EIN: 54-1748524

The Culpeper Library Foundation Inc is a private foundation, based in Culpeper, VA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $901K in total assets. In 2025, it awarded 1 grant totaling $47K. Net investment income was $49K.

Key facts about The Culpeper Library Foundation Inc

In short: The Culpeper Library Foundation Inc gave $47K across 1 grant in 2025 (avg $47K), mostly in Virginia. Source: 2025 IRS Form 990-PF.

EIN
54-1748524
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$47,476
Grants made (2025)
1
Average grant
$47,476
Median grant
$47,476
Total assets
$901,237
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

$901K

+2.4% YoY

Annual Giving

$47K

+5.9% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$47K

+5.9% YoY

Under IRS private-foundation payout rules, The Culpeper Library Foundation Inc reported a distributable amount of $51K for 2025 — the minimum it must pay out in qualifying distributions.

How The Culpeper Library Foundation Inc gives

  • Giving held roughly steady from 2022 to 2025 (−2%). Method
  • In 2025 it paid out 93% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

Culpeper

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

From 2021 to 2025, annual grant giving ranged from $45K (2024) to $48K (2022). In 2025 it made 1 grant totaling $47K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Culpeper Library: $47KCulpeper Library$47K

The largest 2025 recipient was Culpeper Library ($47K).

Grant Size Distribution

5 grants across all recorded years

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

The most common grant size was under $50K: 5 grants of 5 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Culpeper Library Culpeper, VAFund Operations$47,476

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$25K$50K$75K$100K2021 2022 2023 2024 2025
Metric202520242023
Total Assets$901,237$880,077$862,528
Revenue$79,763$73,066$71,798
Expenses$58,603$55,517$56,895
Qualifying Distributions$47,476$44,836$45,810
Net Investment Income$48,627$50,105$56,682
Distributable Amount$51,015$47,476$44,836

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2025

Leadership & Key People

Officers and directors from IRS filings

The Culpeper Library Foundation Inc is led by John J. Davies, Chairman of the Board on every filing since 2021; none of the 10 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • John J. Davies

    Chairman of the Board

    On filings since 2021

    1 hr/week

    No compensation reported

  • Anthony Rozwadowski

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Bruce Clark

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Elizabeth O'Reilly

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Peggy Place

    Director

    Library Board Representative → Director, 2024

    On filings since 2021

    1 hr/week

    No compensation reported

  • Alan Myers

    Vice Chair

    On filings since 2021

    1 hr/week

    No compensation reported

  • Kim Jebson

    Library Board Representative

    Director → Library Board Representative, 2024

    On filings since 2021

    1 hr/week

    No compensation reported

  • Quintin Mullins

    Treasurer

    On filings since 2021

    1 hr/week

    No compensation reported

  • Kim Ramey

    Library Board Representative

    Vice President & Trust Advisor → Library Board Representative, 2024

    On filings since 2022

    1 hr/week

    No compensation reported

  • Bryan McCormick

    Secretary

    Director → Secretary, 2024

    On filings since 2023

    1 hr/week

    No compensation reported

Former officers (3)
  • Former: Karen Carroll (2021–2024) — Director
  • Former: Ray Knott (2023–2024) — Director
  • Former: Gregg Grunow (2021–2022) — Secretary

Data from IRS Form 990 filings, 2021–2025. "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 The Culpeper Library Foundation Inc

How much does The Culpeper Library Foundation Inc give each year?

The Culpeper Library Foundation Inc gave $47K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $45K across 1 grant.

How large is The Culpeper Library Foundation Inc?

The Culpeper Library Foundation Inc reported $901K in total assets on its 2025 IRS Form 990-PF. It paid out $47K in qualifying distributions that year, against a required minimum of $51K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

Where does The Culpeper Library Foundation Inc operate?

The Culpeper Library Foundation Inc has awarded grants in Virginia.

What is The Culpeper Library Foundation Inc's EIN?

The Culpeper Library Foundation Inc's EIN (Employer Identification Number) is 54-1748524. IRS Form 990 filing data is available on this page for 2021–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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