Bernice M Rise Testamentary Trust
Bernice M Rise Testamentary Trust is a private foundation, based in Salem, OR. IRS filing data is available from 2021 through 2026. As of 2026, the organization holds $75K in total assets. In 2026, it awarded 2 grants totaling $6K. Net investment income was $6K.
Bernice M Rise Testamentary Trust at a glance
In short: Bernice M Rise Testamentary Trust gave $6K across 2 grants in 2026 (avg $3K), mostly in Iowa. Source: 2026 IRS Form 990-PF.
- Annual giving (2026)
- $5,734
- +1.6% vs 2025
- Grants made (2026)
- 2
- +0.0% vs 2025
- Average grant
- $2,867
- +1.6% vs 2025
- Median grant
- $2,867
- Total assets
- $74,596
- -0.2% vs 2025
- Primary geography
- Iowa (50% of itemized 2026 grant dollars)
- Latest 990 filing
- Form 990-PF, 2026 View filing
Data from IRS Form 990-PF, 2026; updated September 2026.
Who Bernice M Rise Testamentary Trust funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2026
The largest 2026 recipient was Luther College ($3K). Together the top 2 received $6K.
Grant Size Distribution
10 grants across all recorded years
The most common grant size was under $50K: 10 grants of 10 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2026 grant dollars across all 2 itemized grants.
Cities
How Bernice M Rise Testamentary Trust gives
- Giving held roughly steady from 2023 to 2026 (−8%). Method
- In 2026 it paid out 99% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2026, annual grant giving ranged from $5K (2021) to $6K (2023). In 2026 it made 2 grants totaling $6K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Luther College Decorah, IA | Jacob a & Sarah Ronberg | $2,867 |
| Salem Public Library Salem, OR | Jacob a & Sarah Ronberg | $2,867 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2026 | $74,596 | $9,729 | $9,901 | $5,734 | 2 | $5,734 | $5,686 | $5,773 |
| 2025 | $74,768 | $10,651 | $9,726 | $5,644 | 2 | $5,644 | $6,597 | $5,734 |
| 2024 | $74,361 | $8,370 | $9,658 | $5,513 | 2 | $5,513 | $4,344 | $5,643 |
| 2023 | $75,131 | $10,711 | $10,627 | $6,240 | 2 | $6,240 | $6,391 | $5,513 |
| 2022 | $75,024 | $10,279 | $10,536 | $6,042 | 2 | $6,042 | $6,016 | $6,241 |
| 2021 | $75,281 | $13,510 | $9,516 | $5,152 | 2 | — | $9,247 | $6,041 |
Under IRS private-foundation payout rules, Bernice M Rise Testamentary Trust reported a distributable amount of $6K for 2026 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Bernice M Rise Testamentary Trust's only listed officer is Pioneer Trust Bank NA, Trustee on every filing since 2021 (compensated).
Officers on the 2026 filing
Pioneer Trust Bank NA
Trustee
On filings since 2021
1 hr/week
$2K (2021) → $2K (2026)
Data from IRS Form 990 filings, 2021–2026. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2026 IRS filing
The highest reported compensation on the 2026 filing was $2K, to Pioneer Trust Bank NA (Trustee).
Frequently asked questions about Bernice M Rise Testamentary Trust
How much does Bernice M Rise Testamentary Trust give each year?
Bernice M Rise Testamentary Trust gave $6K across 2 grants in 2026, according to its 2026 IRS Form 990-PF. In 2025 it gave $6K across 2 grants.
How large is Bernice M Rise Testamentary Trust?
Bernice M Rise Testamentary Trust reported $75K in total assets on its 2026 IRS Form 990-PF. It paid out $6K in qualifying distributions that year, against a required minimum of $6K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does Bernice M Rise Testamentary Trust operate?
Bernice M Rise Testamentary Trust has awarded grants in Iowa, Oregon.
What is Bernice M Rise Testamentary Trust's EIN?
Bernice M Rise Testamentary Trust's EIN (Employer Identification Number) is 93-6126351. IRS Form 990 filing data is available on this page for 2021–2026.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2026 (received by the IRS August 19, 2026)
- IRS filings on file for fiscal years 2021–2025
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