Funder DirectoryCULP FAMILY FOUNDATION
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Private foundation (trust)EIN 455394566Est. 2013-01

CULP FAMILY FOUNDATION

MCLEAN, VA 22102

Total Assets

$73.2M

FY 2024

Annual Giving

$2.3M

FY 2024

Grants Made

18

FY 2024

Avg Grant

$129K

FY 2024

Grant Range

$10K–$400K

Typical

Deadlines

Applications

Focus Areas

Private Grantmaking Foundations

Financial Snapshot

2024 filing

Total Revenue

$65.5M

Total Expenses

$2.5M

Qualifying Distributions

$2.3M

Distributable Amount

$1.2M

Min. Investment Return

$1.4M

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

18 grants

Grant sizes from minimum $10K through median $100K to maximum $400K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

7 years

Giving over time from 2018 to 2024. Peak $2.3M in 2024. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

57 grants

THE POTOMAC SCHOOL
$2.2M
7 grants
HARVARD BUSINESS SCHOOL
$1.8M
4 grants
WASHINGTON COLLEGE GE SCHOLARS
$777K
3 grants
WASHINGTON COLLEGE PAT ALLENDER CHAIR
$500K
2 grants
THE ANIMAL SHELTER FOR KENT COUNTY
$500K
4 grants
CHESTERTOWN
$480K
1 grant
SULTANA EDUCATION FOUNDATION
$448K
2 grants
CHESAPEAKE BAY FOUNDATION
$400K
4 grants

Grant Size Distribution

57 grants

<$10K
12
grants
$10–50K
7
grants
$50–250K
25
grants
$250K–1M
13
grants
$1–5M
$5M+

Geographic Focus

9 states

Maryland
$4.1M
46% of total
Virginia
$2.2M
24% of total
Massachusetts
$2.1M
24% of total
New York
$250K
3% of total
District of Columbia
$148K
2% of total
North Carolina
$100K
1% of total
Michigan
$50K
1% of total
Pennsylvania
$35K
0% of total
Utah
$10K
0% of total

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CULP FAMILY FOUNDATION — Grants, Financials & Contact | Grantivo