The Liberty Cap Foundation

Foundation · Grantmaker Solvang, CA EIN: 26-3901942

The Liberty Cap Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Solvang, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.2M in total assets. In 2024, it awarded 6 grants totaling $11K. Net investment income was $30K.

Key facts about The Liberty Cap Foundation

EIN
26-3901942
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$10,970
Grants made (2024)
6
Average grant
$1,828
Median grant
$1,794
Total assets
$4,162,092
Primary geography
New York (33% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who The Liberty Cap Foundation funds

By grant dollars, the top recipient states for The Liberty Cap Foundation's 6 itemized 2024 grants were New York (33%), Tennessee (18%) and Kentucky (16%). None of its 6 grants with a stated purpose were described as general or operating support. Recurring purposes include "Grant for educational research" (5 grants).

How The Liberty Cap Foundation gives

  • In 2023 it paid out well above its IRS minimum distribution (the 5% rule). Method

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

Next steps with The Liberty Cap Foundation

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.2M

-38.0% YoY

Annual Giving

$11K

Grant Count

6

Avg Grant Size

$2K

About The Liberty Cap Foundation

Based on IRS filings

The Liberty Cap Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Solvang, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.2M in total assets. In 2024, it awarded 6 grants totaling $11K. Net investment income was $30K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Share of all 6 itemized 2024 grant dollars.

Cities

BrooklynLouisvilleMemphisNew YorkPortlandSan FranciscoValrico

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$55K$111K$166K$222K20202021202220232024
Metric202420232022
Total Assets$4,162,092$6,717,342$7,062,795
Revenue$-1,398,467—$133,490
Expenses$201,449$118,357$6,545
Qualifying Distributions$201,346$81,978—
Net Investment Income$29,901—$133,490
Distributable Amount—$6,702$3,081

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$3K$5K$8K$11K0 grants20200 grants20211 grants20220 grants20236 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

Early American Coppers Inc: $2KEarly American Coppers Inc$2KLeanna Spurrier: $2KLeanna Spurrier$2KJarred Ranney: $2KJarred Ranney$2KWilliam Alexander: $2KWilliam Alexander$2KKatie Bishop: $2KKatie Bishop$2KJoy Kmt: $2KJoy Kmt$2K

Grant Size Distribution

7 grants across all recorded years

7<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Early American Coppers Inc ($2,000), Leanna Spurrier ($1,794), Jarred Ranney ($1,794).

RecipientPurposeAmount
Early American Coppers Inc Memphis, TNCharitable Donation$2,000
Leanna Spurrier Louisville, KYGrant for educational research$1,794
Jarred Ranney Valrico, FLGrant for educational research$1,794
William Alexander New York, NYGrant for educational research$1,794
Katie Bishop Brooklyn, NYGrant for educational research$1,794
Joy Kmt Portland, ORGrant for educational research$1,794

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

NameTitleHoursCompensation
Patricia Husak 13President7.5—
Melanie Eckford-Prossor 3Secretary22—
Charles F Heck 13Director Treasurer20—
James Robinson 1Director5—

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Liberty Cap Foundation?

The Liberty Cap Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Solvang, CA. It holds $4.2M in total assets as of 2024.

How large is The Liberty Cap Foundation?

As of 2024, The Liberty Cap Foundation holds $4.2M in total assets with $-1,398,467 in annual revenue. It awarded 6 grants totaling $11K in 2024.

Where does The Liberty Cap Foundation operate?

The Liberty Cap Foundation has awarded grants in California, Florida, Kentucky, New York, Oregon, Tennessee.

What size grants does The Liberty Cap Foundation award?

In 2024, The Liberty Cap Foundation awarded 6 grants totaling $11K — an average of about $2K per grant, based on its IRS Form 990 filings.

What is The Liberty Cap Foundation's EIN?

The Liberty Cap Foundation's EIN (Employer Identification Number) is 26-3901942. IRS Form 990 filing data is available on this page for 2020–2024.

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

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