The Cypess Family Private Foundation
The Cypess Family Private Foundation is a private foundation, based in Arlington, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $956K in total assets. In 2024, it awarded 3 grants totaling $45K. Net investment income was $54K.
The Cypess Family Private Foundation at a glance
In short: The Cypess Family Private Foundation gave $45K across 3 grants in 2024 (avg $15K), mostly in New York. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $45,440
- +26.2% vs 2023
- Grants made (2024)
- 3
- -25.0% vs 2023
- Average grant
- $15,147
- +68.3% vs 2023
- Median grant
- $15,000
- Total assets
- $956,191
- +6.5% vs 2023
- Primary geography
- New York (55% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
Who The Cypess Family Private Foundation funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
The largest 2024 recipient was Yeshiva Univerity ($25K). Together the top 3 received $45K.
Grant Size Distribution
16 grants across all recorded years
The most common grant size was under $50K: 16 grants of 16 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 3 itemized grants.
Cities
How The Cypess Family Private Foundation gives
- Giving fell 25% from 2021 to 2024. Method
- In 2024 it paid out 82% 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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $30K (2022) to $61K (2021). In 2024 it made 3 grants totaling $45K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Yeshiva Univerity New York, NY | Education | $25,000 |
| Yavneh of Princeton Princeton, NJ | Educaton | $15,000 |
| Miscellaneous Under 500 Various, NJ | Education and General Support | $5,440 |
Ready to take the next step with The Cypess Family Private 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 | $956,191 | $123,584 | $65,220 | $45,440 | 3 | $45,440 | $53,584 | $55,312 |
| 2023 | $897,827 | $5,632 | $52,792 | $35,993 | 4 | $35,993 | $20,695 | $47,155 |
| 2022 | $944,936 | $169,017 | $45,168 | $30,244 | 3 | $30,244 | $79,017 | $47,572 |
| 2021 | $818,846 | $101,490 | $78,160 | $60,796 | 3 | — | $24,761 | $39,224 |
| 2020 | $797,543 | $118,820 | $62,539 | $48,055 | 3 | — | $61,776 | $33,154 |
Under IRS private-foundation payout rules, The Cypess Family Private Foundation reported a distributable amount of $55K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Cypess Family Private Foundation's 2024 filing lists 4 officers; none of the 4 officers listed in 2024 report compensation.
Officers on the 2024 filing
Aaron Cypess
Director
On filings since 2020
1 hr/week
No compensation reported
Joshua Cypess
Director
On filings since 2020
1 hr/week
No compensation reported
Raymond Cypess
Director
On filings since 2020
1 hr/week
No compensation reported
Sandra Cypess
Director
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 The Cypess Family Private Foundation
How much does The Cypess Family Private Foundation give each year?
The Cypess Family Private Foundation gave $45K across 3 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $36K across 4 grants.
What is The Cypess Family Private Foundation's typical grant size?
The Cypess Family Private Foundation's median grant in 2024 was $15,000, and its average grant was $15,147, across 3 grants on its 2024 IRS Form 990-PF.
Where does The Cypess Family Private Foundation give grants?
The Cypess Family Private Foundation gives mostly in New York: 55% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was New Jersey (45%).
Does The Cypess Family Private Foundation give general operating support?
Yes: 33% of The Cypess Family Private Foundation's 2024 grants with a stated purpose (1 of 3) were for general or operating support, per its 2024 IRS Form 990-PF.
How large is The Cypess Family Private Foundation?
The Cypess Family Private Foundation reported $956K in total assets on its 2024 IRS Form 990-PF. It paid out $45K in qualifying distributions that year, against a required minimum of $55K (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.
What is The Cypess Family Private Foundation's EIN?
The Cypess Family Private Foundation's EIN (Employer Identification Number) is 46-0503472. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS August 24, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 12, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 12, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 23, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS June 6, 2025)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in The Cypess Family Private Foundation's focus areas in our free grants database
Similar Funders
Funders with grantees in common
Sentry Insurance Foundation Inc
Stevens Point, WI
The foundation supports education, workforce development, United Way, and local organizations that improve quality of life and build equitable communities, especially in Wisconsin and Hawaii, including Maui. Its 2024 grants had a median of $1,500, though awards ranged widely; it accepts requests by letter to Sentry Insurance stating the organization’s purpose and requested amount.
Assets
$9.9M
Grants
271
Total Given
$7.3M
Cozad Foundation
Champaign, IL
Assets
$106K
Grants
5
Total Given
$16K
Dr Scholl Foundation
Northbrook, IL
The Dr. Scholl Foundation funds nonprofit work in education, social services, healthcare, civic and cultural activities, and the environment, with consideration for other worthwhile projects. Grants average $5,000–$25,000, mostly in the United States; it also considers international requests when a board member has direct knowledge of the applicant.
Assets
$211.9M
Grants
410
Total Given
$8.9M
Illinois Prairie Community Foundation Inc
Bloomington, IL
The foundation funds eligible programs in education, health and wellness, youth, Jewish life, civic engagement, the environment, women and girls, arts and culture, and music education, generally serving residents of McLean, DeWitt, Livingston, or Logan counties in Illinois. Its 2025 grants had a median of $10,000, though awards ranged from $5,300 to $1 million. It directs applicants to use its online grant portal; whether it accepts unsolicited requests is not stated.
Assets
$27.5M
Grants
66
Total Given
$2.1M
The Pomeroy Family Foundation
Mechanicsburg, PA
The Pomeroy Family Foundation supported a range of charitable organizations, including education, humanitarian, and community-service groups; in 2023, grants had a median of $4,000 and ranged from $1,800 to $2,215,745. Most grant dollars went to organizations in Illinois, with smaller shares going to Virginia, Minnesota, Washington, and Pennsylvania. It accepted no unsolicited requests, and its 2023 filing says it distributed all assets and terminated its private-foundation status.
Assets
—
Grants
27
Total Given
$2.3M
The David & Colleen Anderson Charitable Foundation
Rockford, IL
The foundation supports a range of charitable causes, including culture, health, education, social welfare, youth services, and veteran affairs. In 2024, grants ranged from $100 to $6,000, with a median of $1,500; most funding went to Illinois, followed by Wisconsin, with smaller shares going to several other states. It gives only to preselected organizations and does not accept unsolicited requests.
Assets
$1.9M
Grants
83
Total Given
$152K
More similar funders
More Funders in Virginia
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from The Cypess Family Private 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.
The Cypess Family Private Foundation down — hundreds of funders to go?