The Culp Family Foundation is a private foundation based in Mclean, Virginia. The foundation was established in 2013 and operates as a 501(c)(3) organization designated for philanthropic, educational, and charitable purposes.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$73K
-96.3% YoY
Grant Count
1
-95.7% YoY
Avg Grant Size
$73K
-14.3% YoY
Mission & Focus Areas
The foundation's primary funding focuses include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
Grantmaking
The foundation makes grants primarily in the form of general operating support. Recent grants include:
How to Apply
** The foundation does not accept unsolicited applications and only makes contributions to preselected charitable organizations.
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Maryland, the District of Columbia, and Virginia.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year 2024:
- Total Assets: $35,073,512
- Total Revenues: $65,468,831
- Total Expenses: $2,452,813
- Total Giving: $2,313,777
The foundation experienced significant revenue growth in 2024, with total grants and contributions of $49,984,969 and net gains from asset sales of $14,899,916.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | $67,819 | $1,848,925 |
| Revenue | $354 | $93,703 | $228,991 |
| Expenses | $73,173 | $1,986,025 | $380,452 |
| Qualifying Distributions | $72,933 | $1,962,079 | $336,364 |
| Net Investment Income | $354 | $22,728 | $33,221 |
| Distributable Amount | $6,067 | $80,283 | $94,249 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
111 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Kim A Culp, President
- Carol J Culp, Treasurer
- Kathryn Culp Kerfoot, Director
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KIM A CULP | PRESIDENT | — | — |
| CAROL J CULP | TREASURER | — | — |
| KATHRYN CULP KERFOOT | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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Clearway Minnesota (sm)
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—
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with The Culp Family Foundation on Grantable?
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