Private Foundation

CULP FAMILY FOUNDATION

CULP FAMILY FOUNDATION, of MCLEAN, VA, is a Private Foundation tracked in Imperigo's IRS 990 database. The 2025 filing shows $18.1M in revenue, $3.1M in expenses, $38.5M in total assets. IRS filings disclose 81 grants awarded by this foundation, totaling roughly $12.8M.

EIN: 455394566 MCLEAN, VA Private Grantmaking Foundations NTEE: T20 Latest filing: 2025

Total Revenue$18.1M

Total Expenses$3.1M

Total Assets$38.5M

Grants Given81

Grant Total$12.8M

Filing Years2021–2025

Sample Grants Given

WASHINGTON COLLEGE TENNIS CENTER

CHESTERTOWN, MD · 2025

2025 GRANT FOR GENERAL OPERATING

$1,000,000

DANA FARBER CANCER INSTITUTE

CHESTERTOWN, MD · 2025

2025 GRANT FOR GENERAL OPERATING

$500,000

HARVARD BUSINESS SCHOOL

BOSTON, MA · 2025

2025 GRANT FOR GENERAL OPERATING

$400,000

JOHN HOPKINS

BALTIMORE, MD · 2025

2025 GRANT FOR GENERAL OPERATING

$125,000

THE POTOMAC SCHOOL

MCLEAN, VA · 2025

2025 GRANT FOR GENERAL OPERATING

$107,143

Showing up to 5 of 81 total records — full history available with membership.

Officers & Directors

PRESIDENT H Lawrence Culp Jr

SECRETARY Wendy H Culp

Officer compensation and complete director data available with membership.

Top Grant Purposes

2025 GRANT FOR GENERAL OPERATING

$2,701,490 13 grants

2024 GRANT FOR GENERAL OPERATING

$2,243,777 17 grants

2023 GRANT FOR GENERAL OPERATING

$1,640,167 9 grants

2019 GRANT FOR GENERAL OPERATING

$1,274,250 8 grants

2022 GRANT FOR GENERAL OPERATING

$1,051,092 8 grants

Financial Trends

Year	Revenue	Expenses	Assets
2025	$18.1M	$3.1M	$38.5M
2024	$65.5M	$2.5M	$35.1M
2023	$222K	$1.8M	$13.5M
2022	$394K	$1.1M	$15.0M
2021	$834K	$889K	$15.8M

Between 2021 and 2025, reported annual revenue grew from $834K to $18.1M (+2066%), with total assets most recently reported at $38.5M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in CT, DC, IL, MA, MD, MI, and 4 other states.

CTDCILMAMDMINCNYPAUT

Full geographic grant map with state-by-state breakdown available with membership.

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Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports

Sample Grants Given

Officers & Directors

Top Grant Purposes

Financial Trends

Grant Geography

Similar Organizations in VA

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