Private Foundation

CULP FAMILY FOUNDATION

CULP FAMILY FOUNDATION, of MCLEAN, VA, is a Private Foundation tracked in Imperigo's IRS 990 database. The 2024 filing shows $65.5M in revenue, $2.5M in expenses, $35.1M in total assets. IRS filings disclose 68 grants awarded by this foundation, totaling roughly $10.1M.

EIN: 455394566 MCLEAN, VA Latest filing: 2024

Total Revenue$65.5M

Total Expenses$2.5M

Total Assets$35.1M

Grants Given68

Grant Total$10.1M

Filing Years2020–2024

Sample Grants Given

HARVARD BUSINESS SCHOOL

BOSTON, MA · 2024

2024 GRANT FOR GENERAL OPERATING

$400,000

WASHINGTON COLLEGE GE SCHOLARS

CHESTERTOWN, MD · 2024

2024 GRANT FOR GENERAL OPERATING

$266,000

SULTANA EDUCATION FOUNDATION

CHESTERTOWN, MD · 2024

2024 GRANT FOR GENERAL OPERATING

$250,000

FOXG1 RESEARCH FOUNDATION

PORT WASHINGTON, NY · 2024

2024 GRANT FOR GENERAL OPERATING

$250,000

WASHINGTON COLLEGE 4 FTE's

CHESTERTOWN, MD · 2024

2024 GRANT FOR GENERAL OPERATING

$190,634

Showing up to 5 of 68 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

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

2020 GRANT FOR GENERAL OPERATING

$1,050,000 3 grants

Financial Trends

Year	Revenue	Expenses	Assets
2024	$65.5M	$2.5M	$35.1M
2023	$222K	$1.8M	$13.5M
2022	$394K	$1.1M	$15.0M
2021	$834K	$889K	$15.8M
2020	$1.1M	$1.2M	$15.8M

Between 2020 and 2024, reported annual revenue grew from $1.1M to $65.5M (+5953%), with total assets most recently reported at $35.1M.

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.

See the full picture for CULP FAMILY FOUNDATION

Complete financials, all 68 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 498,000+ organizations.

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