Walter G Canipe Foundation

SMYRNA, GA EIN: 58-1712262

The Walter G Canipe Foundation is a private family foundation based in Smyrna, Georgia. Established in 1985 in North Carolina, the foundation focuses its philanthropic efforts on education, religious institutions, and children and youth services.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$3.3M

-2.9% YoY

Annual Giving

$191K

+6.1% YoY

Grant Count

-2.4% YoY

Avg Grant Size

$5K

+8.8% YoY

Under IRS private-foundation payout rules, Walter G Canipe Foundation reported a distributable amount of $186K for 2025 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's giving priorities include:

Education
Religious institutions
Children and youth services
Human services
Philanthropy, voluntarism, and grantmaking

The foundation has demonstrated particular interest in elementary school mentoring programs and educational support initiatives.

Grantmaking

The foundation does not accept unsolicited applications and operates on an invite-only basis.

Grant Range

$1,000–$25,000

How to Apply

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in Georgia, California, and North Carolina.

Grant Distribution by State

Georgia $512K (69%)

California $107K (14%)

North Carolina $84K (11%)

Tennessee $14K (2%)

Kentucky $12K (2%)

New York $8K (1%)

District of Columbia $8K (1%)

Alabama $2K (0%)

States

Alabama California District of Columbia Georgia Kentucky North Carolina New York Tennessee

Cities

AthensAtlantaBrookhavenCarmelCossnoreDurhamJohns CreekMariettaMemphisMisennheimerMontereyMontgomerySalinasSavannahSmyrnaStaten IslandWashingtonWilliamsburgWinstonsalem

Financial History

Multi-year comparison from IRS filings

Total Assets: $3,316,479 (most recent filing)
Total Annual Giving: $180,000–$191,000
Giving Rate: Approximately 5.3% of assets
EIN: 58-1712262

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2025	2024	2023
Total Assets	$3,316,479	$3,414,664	$2,832,373
Revenue	$131,213	$798,643	$196,095
Expenses	$229,398	$216,352	$205,042
Qualifying Distributions	$191,000	$180,000	$172,000
Net Investment Income	$92,815	$762,291	$163,053
Distributable Amount	$185,881	$164,066	$166,302

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 2025

Grant Size Distribution

162 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Benedictine Military School Annual ($22,000), Theatrical Outfit ($17,500), St James Catholic Church ($16,834).

Recipient	Purpose	Amount
ALLIANCE THEATRE ATLANTA, GA	PRODUCTIONS/COMMUNITY ACTIVITIES	$4,000
ATLANTA SYMPHONY ORCHESTRA ATLANTA, GA	ORCHESTRA PROGRAMMING & OUTREACH	$3,000
BENEDICTINE MILITARY SCHOOL ANNUAL SAVANNAH, GA	CATHOLIC EDUCATION/FAITH/SERVICE	$22,000
BIG SUR LAND TRUST MONTEREY, CA	YOUTH OUTDOOR CONSERVATION/EDUCATION	$2,000
CHILDREN'S HEALTHCARE OF ATLANTA FO ATLANTA, GA	SUPPORT FOR CHILDREN'S HOSPITAL	$3,000
CUMBERLAND COLLEGE WILLIAMSBURG, KY	COMMUNITY OUTREACH/TEACHING	$3,000
DADS GARAGE ATLANTA, GA	IMPROVISATION THEATRE/EDUCATION FUND	$2,500
DOROTHYS PLACE SALINAS, CA	FOOD & SHELTER FOR HOMELESS	$4,000
DUKE DIVINITY SCHOOL DURHAM, NC	FOR TEACHING, RESEARCH & SERVICES	$3,500
DUKE UNIVERSITY DURHAM, NC	RESEARCH/TEACHING/PATIENT CARE	$12,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

Name	Title	Hours	Compensation
W KENT CANIPE	PRES-TREAS	—	—
ANNE CANIPE	DIRECTOR	—	—
VIRGINIA CANIPE SWAN	DIRECTOR	—	—
JANE CANIPE ROOKS	V PRES-SEC	—	—
BRIAN ROOKS	DIRECTOR	—	—
MATTHEW ROOKS	DIRECTOR	—	—

Recent News & Activity

Recent developments and announcements

2024

The foundation announced Fall 2024 grant recipients, indicating ongoing active grantmaking. Recent grants include $1,000 to Path To Shine for elementary school mentoring programs.

Frequently Asked Questions

What does Walter G Canipe Foundation fund?

The foundation's giving priorities include: • Education • Religious institutions • Children and youth services • Human services • Philanthropy, voluntarism, and grantmaking The foundation has demonstrated particular interest in elementary school mentoring programs and educational support initiatives.

How do I apply for a grant from Walter G Canipe Foundation?

**Grant Characteristics:** • Typical award range: $500–$43,250 • Median grant amount: $3,000 • Grant range: $1,000–$25,000 **Application Process:** The foundation does not accept unsolicited applications and operates on an invite-only basis. **Recent Activity:** The foundation awarded approximately $191,000 in total giving across 41 grants in recent fiscal years, with annual giving around $180,000–$191,000.

Where does Walter G Canipe Foundation make grants?

The foundation primarily funds organizations in Georgia, California, and North Carolina.

What size grants does Walter G Canipe Foundation award?

In 2025, Walter G Canipe Foundation awarded 40 grants totaling $191K — an average of about $5K per grant, based on its IRS Form 990 filings.

How much is Walter G Canipe Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Walter G Canipe Foundation reported a distributable amount of $186K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.