Vernon O Sipe Charitable
Vernon O Sipe Charitable is a private foundation, based in Saint Louis, MO. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.2M in total assets. In 2025, it awarded 3 grants totaling $60K. Net investment income was $22K.
Key facts about Vernon O Sipe Charitable
In short: Vernon O Sipe Charitable gave $60K across 3 grants in 2025 (avg $20K), mostly in North Carolina. Source: 2025 IRS Form 990-PF.
- EIN
- 56-6416579
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $60,000
- Grants made (2025)
- 3
- Average grant
- $20,000
- Median grant
- $6,000
- Total assets
- $1,151,102
- Primary geography
- North Carolina (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
$1.2M
-4.0% YoY
Annual Giving
$60K
+3.4% YoY
Grant Count
3
+0.0% YoY
Avg Grant Size
$20K
+3.4% YoY
Under IRS private-foundation payout rules, Vernon O Sipe Charitable reported a distributable amount of $70K for 2025 — the minimum it must pay out in qualifying distributions.
How Vernon O Sipe Charitable gives
- Giving held roughly steady from 2022 to 2025 (−7%). Method
- In 2025 it paid out 90% 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.
Ready to take the next step with Vernon O Sipe Charitable?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $58K (2024) to $65K (2020). In 2025 it made 3 grants totaling $60K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was Sipes Orchard Home Inc ($48K). Together the top 3 received $60K.
Grant Size Distribution
15 grants across all recorded years
The most common grant size was under $50K: 12 grants of 15 (80%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Sipes Orchard Home Inc Conover, NC | General Operating | $48,000 |
| Lenoir Rhyne University Hickory, NC | General Operating | $6,000 |
| Mt Zion Lutheran Church Conover, NC | General Operating | $6,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $1,151,102 | $1,199,643 | $1,221,380 |
| Revenue | $33,946 | $57,125 | $22,340 |
| Expenses | $82,539 | $78,786 | $97,592 |
| Qualifying Distributions | $63,085 | $61,254 | $67,526 |
| Net Investment Income | $21,973 | $33,568 | $20,629 |
| Distributable Amount | $70,117 | $64,889 | $63,260 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2025
Leadership & Key People
Officers and directors from IRS filings
Vernon O Sipe Charitable's only listed officer is Wells Fargo Bank N A, Trustee on every filing since 2020 (compensated).
Officers on the 2025 filing
Wells Fargo Bank N A
Trustee
On filings since 2020
1 hr/week
$18K (2020) → $19K (2025)
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $19K, to Wells Fargo Bank N a (Trustee).
Frequently asked questions about Vernon O Sipe Charitable
How much does Vernon O Sipe Charitable give each year?
Vernon O Sipe Charitable gave $60K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $58K across 3 grants.
What is Vernon O Sipe Charitable's typical grant size?
Vernon O Sipe Charitable's median grant in 2025 was $6,000, and its average grant was $20,000, across 3 grants on its 2025 IRS Form 990-PF.
Where does Vernon O Sipe Charitable give grants?
Vernon O Sipe Charitable gives mostly in North Carolina: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Conover, NC (2 grants).
Does Vernon O Sipe Charitable give general operating support?
Yes: 100% of Vernon O Sipe Charitable's 2025 grants with a stated purpose (3 of 3) were for general or operating support, per its 2025 IRS Form 990-PF.
How large is Vernon O Sipe Charitable?
Vernon O Sipe Charitable reported $1.2M in total assets on its 2025 IRS Form 990-PF. It paid out $63K in qualifying distributions that year, against a required minimum of $70K (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 Vernon O Sipe Charitable's EIN?
Vernon O Sipe Charitable's EIN (Employer Identification Number) is 56-6416579. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Vernon O Sipe Charitable by hand.
Explore Open Grants
Browse active grant opportunities in Vernon O Sipe Charitable's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in Missouri
Catawba County United Way Inc
Hickory, NC
Catawba County United Way supports local nonprofits and community programs in education, income and health, primarily in Catawba County and surrounding counties. Its 2025 grants ranged from $2,000 to $105,000, with a median of $27,000; it offers application cycles through an agency portal, but the profile does not state whether it accepts unsolicited requests.
Assets
$2.2M
Grants
17
Total Given
$677K
Hayden Foundation
Williamsburg, MI
Assets
$1.5M
Grants
74
Total Given
$142K
North Carolina Community Foundation Inc
Raleigh, NC
The North Carolina Community Foundation supports charitable organizations and community programs in areas such as human services, education, youth development, health, food and nutrition, and the arts. Its typical grant was $15,000 in 2025; it serves communities statewide, with an emphasis on rural North Carolina, and accepts applications through specific affiliate, giving-circle, and other grant programs.
Assets
$569.1M
Grants
732
Total Given
$30.6M
Sipe Viola Charitable Tuw
Saint Louis, MO
Assets
$426K
Grants
3
Total Given
$25K
The Cohen Family Foundation
Mount Pleasant, SC
The Cohen Family Foundation supports Jewish organizations, schools, universities, and community organizations, primarily in South Carolina and Georgia. Its 2024 grants ranged from $200 to $250,000, with a median of $10,000. It gives only to preselected charities and does not accept unsolicited funding requests.
Assets
$3.2M
Grants
19
Total Given
$613K
Duke Energy Foundation
Charlotte, NC
The Duke Energy Foundation funds workforce and local economic development, disaster resilience, conservation, clean water, and economic opportunity in North Carolina, South Carolina, Florida, Ohio, Kentucky, and Indiana. Its 2024 grants had a median of $25,000; applications for grants of $20,000 or less are accepted year-round, after applicants discuss proposals with a state representative.
Assets
$1.9M
Grants
41
Total Given
$25.6M
Pfefferkorn Foundation Inc
Winston-Salem, NC
The Pfefferkorn Foundation supports education, scholarships and financial aid, residential care, and community services, primarily in North Carolina, with additional giving in Virginia and Michigan. Its 2025 grants ranged from $1,000 to $50,000, with a median of $4,000; it gives only to preselected organizations and does not accept unsolicited requests.
Assets
$5.1M
Grants
31
Total Given
$268K
The Yount Foundation INC
Hickory, NC
The Yount Foundation supports charitable organizations through grants designated “Community Support,” with 2024 awards ranging from $800 to $275,000 and a median of $20,000. Its 2024 grants went mainly to organizations in Virginia and North Carolina, as well as Missouri, Texas, and California. It gives only to preselected organizations and does not accept unsolicited requests.
Assets
$272K
Grants
29
Total Given
$1.3M
Catawba County Partnership for Children
Hickory, NC
Ensuring every child in Catawba county enters kindergarten prepared for lifelong success.
Assets
$907K
Grants
8
Total Given
$3.5M
George Foundation Inc
Hickory, NC
The foundation supports a range of arts, education, human services, and community organizations, primarily in North Carolina, especially the Hickory and Catawba Valley area. Its 2025 grants ranged from $500 to $400,000, with a median of $5,000. A 2023 filing requests a letter-format application and says giving is not limited to preselected organizations; no deadline is listed.
Assets
$19.4M
Grants
58
Total Given
$1.4M
Greater Horizons
Kansas City, MO
Greater Horizons distributes donor-advised fund grants to eligible U.S. charities and institutions across a wide range of causes; international organizations may also be supported after additional due diligence. In 2024, its grants had a median of $15,000, though amounts varied widely. Grants are requested by fund holders, and no general application process for organizations seeking funding is described.
Assets
$2.8B
Grants
3,282
Total Given
$212.2M
St Louis Community Foundation Inc
St. Louis, MO
The foundation supports nonprofits through its own community priorities and funds it administers for private and family foundations, including economic mobility, youth connections, and a range of other donor-directed causes. In 2024, grants ranged from $5,050 to $4 million, with a median of $20,000; community-impact funding focuses mainly on high-need ZIP codes in Missouri and Illinois, though grants also go elsewhere. It does not state whether it accepts unsolicited requests; applicants should check each funder’s criteria and deadlines.
Assets
$494.4M
Grants
839
Total Given
$63.9M
More Funders in Missouri
Vernon O Sipe Charitable down — hundreds of funders to go?