THE CULP FAMILY FOUNDATION
https://N/A
$68K
Total Assets (2023)
$2.0M
Avg Yearly Giving (2023–2023)
$2.0M
Giving on File
(1 yr)
(1 yr)
23
Grants on File
$85K
Avg Grant Size
About
DURING THE CURRENT YEAR, THE FOUNDATION MADE THE FOLLOWING DISTRIBUTIONS. THESE DISTRIBUTIONS REPRESENT A WINDING DOWN OF THE FOUNDATION'S OPERATIONS. THE FINAL YEAR FOR THE FOUNDATION WILL BE 2024. A RESOLUTION OR PLAN OF LIQUIDATION WAS NOT ADOPTED BY THE FOUNDATION.
Application Information
Accepts Unsolicited Proposals
No — Preselected Only
Phone
9529432300
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2020 | N/A | $1.6M | $764K | N/A |
| 2021 | N/A | $2.2M | $909K | N/A |
| 2023 | $2.0M | $68K | $94K | 23 |
Grant Size Distribution
Based on 23 grants on record
Minimum
$75
25th Pctl
$1K
Median
$2K
Average
$85K
75th Pctl
$16K
Maximum
$1.7M
Geographic Distribution
Key Personnel
| Name | Title | Compensation |
|---|---|---|
| KIM A CULP | PRESIDENT | — |
| CAROL J CULP | TREASURER | — |
| KATHRYN CULP KERFOOT | DIRECTOR | — |
Grants Awarded (23 total)
| Recipient | Location | Amount | Purpose | Year |
|---|---|---|---|---|
| NATIONAL PHILANTHROPIC TRUST | JENKINTOWN, PA | $1,682,982 | CHARITABLE | 2023 |
| ST JOHN'S UNIVERSITY | COLLEGEVILLE, MN | $100,000 | CHARITABLE | 2023 |
| MINNEAPOLIS JEWISH FEDERATION | MINNETONKA, MN | $50,000 | CHARITABLE | 2023 |
| ITASCA COUNTY HOUSING & REDEVELOPMENT AUTHORITY | GRAND RAPIDS, MN | $40,000 | CHARITABLE | 2023 |
| MINNEAPOLIS HEART INSTITUTE FOUNDATION | MINNEAPOLIS, MN | $20,000 | CHARITABLE | 2023 |
| MAYO CLINIC | ROCHESTER, MN | $15,595 | CHARITABLE | 2023 |
| CHILDREN'S FOUNDATION | PORTLAND, OR | $10,000 | CHARITABLE | 2023 |
| THE RETREAT | WAYZATA, MN | $10,000 | CHARITABLE | 2023 |
| 3 STRINGS | MINNEAPOLIS, MN | $5,000 | CHARITABLE | 2023 |
| MY VERY OWN BED | MINNEAPOLIS, MN | $5,000 | CHARITABLE | 2023 |
| THE LEUKEMIA AND LYMPHOMA SOCIETY | RYE BROOK, NY | $5,000 | CHARITABLE | 2023 |
| MINNESOTA CHILL FOUNDATION | BROOKLYN PARK, MN | $2,500 | CHARITABLE | 2023 |
| CRISTO REY JESUIT HIGH SCHOOL | MINNEAPOLIS, MN | $2,000 | CHARITABLE | 2023 |
| ACHIEVE TWIN CITIES | MINNEAPOLIS, MN | $1,000 | CHARITABLE | 2023 |
| SANDY HOOK PROMISE FOUNDATION | NEWTON, CT | $1,000 | CHARITABLE | 2023 |
| DIVISION OF INDIAN WORK | MINNEAPOLIS, MN | $1,000 | CHARITABLE | 2023 |
| MN SPECIAL HOCKEY | SAGINAW, MN | $1,000 | CHARITABLE | 2023 |
| FRESH ENERGY | ST PAUL, MN | $1,000 | CHARITABLE | 2023 |
| ST JUDE CHILDREN'S RESEARCH HOSPITAL | MEMPHIS, TN | $1,000 | CHARITABLE | 2023 |
| THE BOND BETWEEN | MINNETONKA, MN | $1,000 | CHARITABLE | 2023 |
| THE THIELEN FOUNDATION INC | MINNEAPOLIS, MN | $1,000 | CHARITABLE | 2023 |
| MAKE-A-WISH FOUNDATION | PHOENIX, AZ | $1,000 | CHARITABLE | 2023 |
| ALLINA HEALTH FOUNDATION (COURAGE KENNY REHABILITATION INSTITUTE) | MINNEAPOLIS, MN | $75 | CHARITABLE | 2023 |