The Culpepper Foundation

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Final Termination Filing IRC 507(b)(1)(A) Section 1: Termination Statement The Culpepper Foundation, EIN 27-1138530, has completed a full distribution of all its net assets during the calendar year ending December 31, 2024. These liquidating distributions were made exclusively to The American Endowment Foundation, located at 5700 Darrow Road, Suite 118, Hudson, OH 44236, an organization described in IRC 170(b)(1)(A)(i) and 509(a)(1). In accordance with the requirements of IRC 507(b)(1)(A), the foundation affirms that: - All net assets were distributed to the endowment fund, which qualifies as a public charity and is not a private foundation. - No assets remain in the foundation as of the end of the 2024 tax year. - The foundation has not engaged in willful repeated acts of self-dealing or in any acts giving rise to termination under IRC 507(a). Accordingly, this return is filed as a final return, and the foundation respectfully requests recognition of termination of its private foundation status pursuant to 507(b)(1)(A). Section 2: Schedule of Final Asset Distributions This schedule accompanies the final Form 990-PF for The Culpepper Foundation, EIN 27-1138530, for the tax year ending December 31, 2024. It lists all distributions made in accordance with IRC 507(b)(1)(A), representing the complete distribution of the foundation's net assets to qualifying public charities under 170(b)(1)(A)(i)-(vi) and 509(a)(1). Recipient Organization: American Endowment Foundation Organization's EIN: 34-1747398 Organization's Address: 5700 Darrow Road, Suite 118, Hudson, OH 44236 Date(s) of Distribution: 11-21-24, 12-4-24 Amount Distributed: $249,870.10 (cash) Note: All distributions listed above were made to organizations qualifying under IRC 170(b)(1)(A)(i)-(vi) and 509(a)(1), and represent a full and final distribution of the foundation's net assets in accordance with IRC 507(b)(1)(A). Section 3: Statement Regarding Payment of Final Excise Tax by Board Manager/Trustee This return constitutes the final Form 990-PF for The Culpepper Foundation, EIN 27-1138530, for the tax year ending December 31, 2024. As the foundation has distributed all of its net assets in accordance with IRC 507(b)(1)(A) and has closed its bank accounts, the payment of the excise tax on net investment income was made personally by Robin Culpepper, Treasurer of the foundation. This payment was made solely to satisfy the foundation's outstanding federal tax obligation and was not made in satisfaction of any personal liability. This statement is included for transparency and to confirm that all tax obligations of the foundation have been fulfilled.

Financial Trends

Grant Size Distribution

Based on 57 grants on record

Geographic Distribution

Key Personnel

Grants Awarded (57 total)