Reported officers (all unpaid)
No paid executives reported in 2024. CULP FAMILY FOUNDATION reported 2 unpaid officers and board members on its 990-PF.
Grants paid
Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.
Total granted
$2.3M
Itemized grants
18
Median grant
$100k
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| HARVARD BUSINESS SCHOOL | BOSTON, MA | 2024 GRANT FOR GENERAL OPERATING | $400k |
| WASHINGTON COLLEGE GE SCHOLARS | CHESTERTOWN, MD | 2024 GRANT FOR GENERAL OPERATING | $266k |
| SULTANA EDUCATION FOUNDATION | CHESTERTOWN, MD | 2024 GRANT FOR GENERAL OPERATING | $250k |
| FOXG1 RESEARCH FOUNDATION | PORT WASHINGTON, NY | 2024 GRANT FOR GENERAL OPERATING | $250k |
| WASHINGTON COLLEGE 4 FTE's | CHESTERTOWN, MD | 2024 GRANT FOR GENERAL OPERATING | $191k |
| WASHINGTON COLLEGE PAT ALLENDER CHAIR | CHESTERTOWN, MD | 2024 GRANT FOR GENERAL OPERATING | $125k |
| JOHN HOPKINS | BALTIMORE, MD | 2024 GRANT FOR GENERAL OPERATING | $125k |
| THE POTOMAC SCHOOL | MCLEAN, VA | 2024 GRANT FOR GENERAL OPERATING | $107k |
| CHESAPEAKE BAY FOUNDATION | ANNAPOLIS, MD | 2024 GRANT FOR GENERAL OPERATING | $100k |
| KIT-CARES INC | CHESTERTOWN, MD | 2024 GRANT FOR GENERAL OPERATING | $100k |
| WAKE FOREST UNIVERSITY | WINSTONSALEM, NC | 2024 GRANT FOR GENERAL OPERATING | $100k |
| THE ANIMAL SHELTER FOR KENT COUNTY | CHESTERTOWN, MD | 2024 GRANT FOR GENERAL OPERATINGG | $70k |
| MARET SCHOOL | WASHINGTON, DC | 2024 GRANT FOR GENERAL OPERATING | $50k |
| AMERICAN RED CROSS | WASHINGTON, DC | 2024 GRANT FOR GENERAL OPERATING | $50k |
| UNIVERSITY OF MICHIGAN | ANN ARBOR, MI | 2024 GRANT FOR GENERAL OPERATING | $50k |
| AIRLINK | WASHINGTON, DC | 2024 GRANT FOR GENERAL OPERATING | $45k |
| OPEN DOORS | BRIDGEVILLE, PA | 2024 GRANT FOR GENERAL OPERATING | $25k |
| KENT ATTAINABLE HOUSING INC | CHESTERTOWN, MD | 2024 GRANT FOR GENERAL OPERATING | $10k |
Revenue and expenses over time
CULP FAMILY FOUNDATION reported revenue and expenses across 2 filing years.
This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.
What Philanthropy, Voluntarism & Grantmaking executives earn in Virginia
CULP FAMILY FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Virginia earns a median of $35,000.
These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 475 organizations across 475 filings (2021 – 2024).
See full Philanthropy, Voluntarism & Grantmaking pay data for Virginia →Common questions about CULP FAMILY FOUNDATION
What are CULP FAMILY FOUNDATION's revenue and expenses?
In 2024, CULP FAMILY FOUNDATION reported $65.5M in total revenue and $2.5M in total expenses on its IRS Form 990.
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This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.
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