Earl N & Conrad E Riffe Memorial Scholarship Trust

Private foundation · Grantmaker Amarillo, TX EIN: 75-6325925

Earl N & Conrad E Riffe Memorial Scholarship Trust is a private foundation, based in Amarillo, TX. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $165K in total assets. In 2025, it awarded 4 grants totaling $10K. Net investment income was $4K.

Key facts about Earl N & Conrad E Riffe Memorial Scholarship Trust

In short: Earl N & Conrad E Riffe Memorial Scholarship Trust gave $10K across 4 grants in 2025 (avg $3K), mostly in Texas. Source: 2025 IRS Form 990-PF.

EIN
75-6325925
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$10,000
Grants made (2025)
4
Average grant
$2,500
Median grant
$2,500
Total assets
$165,452
Primary geography
Texas (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated October 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$165K

-2.8% YoY

Annual Giving

$10K

+33.3% YoY

Grant Count

4

+33.3% YoY

Avg Grant Size

$3K

+0.0% YoY

Under IRS private-foundation payout rules, Earl N & Conrad E Riffe Memorial Scholarship Trust reported a distributable amount of $5K for 2025 — the minimum it must pay out in qualifying distributions.

How Earl N & Conrad E Riffe Memorial Scholarship Trust gives

  • Giving held roughly steady from 2022 to 2025 (+0%). Method
  • In 2025 it paid out 202% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2025 grant dollars across all 4 itemized grants.

States

Cities

Stratford

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K$20K5 grants2020 4 grants2021 4 grants2022 5 grants2023 3 grants2024 4 grants2025

From 2020 to 2025, annual grant giving ranged from $8K (2024) to $18K (2023). In 2025 it made 4 grants totaling $10K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

20 grants across all recorded years

20<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 20 grants of 20 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
4 grants to individuals Recipients not named —$10,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20K$40K$60K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$165,452$170,186$139,981
Revenue$7,960$39,222$7,786
Expenses$12,697$9,017$18,473
Qualifying Distributions$10,000$7,500$17,500
Net Investment Income$3,681$36,077$7,627
Distributable Amount$4,946$7,916$7,945

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS November 9, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS November 7, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS October 2, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 6, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 9, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 26, 2026)
  7. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Earl N & Conrad E Riffe Memorial Scholarship Trust's only listed officer is Happy Trust Company Alisa FOX, Trustee on every filing since 2023 (compensated).

Officers on the 2025 filing

  • Happy Trust Company Alisa FOX

    Trustee

    On filings since 2023

    $814 (2023) → $918 (2025)

Former officers (1)
  • Former: Happy State Bank Alisa Scott (2020–2022) — Trustee

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Happy Trust Company Alisa Fox — Trustee: $918Happy Trust Company…Trustee$918

The highest reported compensation on the 2025 filing was $918, to Happy Trust Company Alisa Fox (Trustee).

Frequently asked questions about Earl N & Conrad E Riffe Memorial Scholarship Trust

How much does Earl N & Conrad E Riffe Memorial Scholarship Trust give each year?

Earl N & Conrad E Riffe Memorial Scholarship Trust gave $10K across 4 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $8K across 3 grants.

What is Earl N & Conrad E Riffe Memorial Scholarship Trust's typical grant size?

Earl N & Conrad E Riffe Memorial Scholarship Trust's median grant in 2025 was $2,500, and its average grant was $2,500, across 4 grants on its 2025 IRS Form 990-PF.

Where does Earl N & Conrad E Riffe Memorial Scholarship Trust give grants?

Earl N & Conrad E Riffe Memorial Scholarship Trust gives mostly in Texas: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there.

Does Earl N & Conrad E Riffe Memorial Scholarship Trust give general operating support?

Not in 2025: none of the 4 grants with a stated purpose on Earl N & Conrad E Riffe Memorial Scholarship Trust's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Education" (4 grants).

How large is Earl N & Conrad E Riffe Memorial Scholarship Trust?

Earl N & Conrad E Riffe Memorial Scholarship Trust reported $165K in total assets on its 2025 IRS Form 990-PF. It paid out $10K in qualifying distributions that year, against a required minimum of $5K (roughly 5% of its investment assets).

What is Earl N & Conrad E Riffe Memorial Scholarship Trust's EIN?

Earl N & Conrad E Riffe Memorial Scholarship Trust's EIN (Employer Identification Number) is 75-6325925. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated October 2026. Sourced from IRS Form 990-PF filings.

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