Leo D Ring Charitable Trust

Foundation · Grantmaker Marysville, KS EIN: 48-6348671

Leo D Ring Charitable Trust is a private foundation focused on Education, based in Marysville, KS. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $363K in total assets. In 2024, it awarded 26 grants totaling $48K. Net investment income was $64K.

Key facts about Leo D Ring Charitable Trust

EIN
48-6348671
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$48,000
Grants made (2024)
26
Average grant
$1,846
Median grant
$1,300
New grantees (estimate)
4% first-time grantees (1 of 26, 2024)
Total assets
$362,675
Primary geography
Kansas (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Who Leo D Ring Charitable Trust funds

By grant dollars, the top recipient states for Leo D Ring Charitable Trust's 26 itemized 2024 grants were Kansas (100%). The most frequent recipient cities were Marysville, KS (18 grants) and Blue Rapids, KS (2 grants). None of its 26 grants with a stated purpose were described as general or operating support. Recurring purposes include "Support Offiredepartment" (3 grants).

Is Leo D Ring Charitable Trust open to new grantees?

4%

first-time grantees, 2024

In 2024, 1 of 26 grantees (4%) were first-time recipients. First grants averaged $5K; repeat grants $2K. How we count

Medians: $5K first-time, $1K repeat.

  • 96% of 2024 grantees were also funded in 2023. Method
  • Giving held roughly steady from 2021 to 2024 (+11%). Method
  • In 2024 it paid out 231% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Next steps with Leo D Ring Charitable Trust

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$363K

-16.7% YoY

Annual Giving

$48K

+20.0% YoY

Grant Count

26

+4.0% YoY

Avg Grant Size

$2K

+15.4% YoY

Under IRS private-foundation payout rules, Leo D Ring Charitable Trust reported a distributable amount of $24K for 2024 — the minimum it must pay out in qualifying distributions.

About Leo D Ring Charitable Trust

Based on IRS filings

Leo D Ring Charitable Trust is a private foundation focused on Education, based in Marysville, KS. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $363K in total assets. In 2024, it awarded 26 grants totaling $48K. Net investment income was $64K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 26 itemized 2024 grant dollars.

States

Cities

MarysvilleBlue RapidsFrankfortAxtellBeattieOketoSummerfieldWaterville

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$24K$47K$71K$94K20202021202220232024
Metric202420232022
Total Assets$362,675$435,343$435,411
Revenue$71,010$56,276$52,514
Expenses$63,428$56,344$67,192
Qualifying Distributions$55,360$47,855$59,172
Net Investment Income$63,652$48,422$44,751
Distributable Amount$23,990$27,339$28,733

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$13K$26K$39K$51K26 grants202027 grants202126 grants202225 grants202326 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Marysville Community Foundation: $6KMarysville CommunityFoundation$6KMarshall Co Veterans Memorial: $5KMarshall Co Veterans Memorial$5KCommunity Memorial Hosp Foundation: $2KCommunity Memorial HospFoundation$2KMarshall Co Agency on Aging: $2KMarshall Co Agency on Aging$2KHelping Hands Food Pantry: $2KHelping Hands Food Pantry$2KPepc: $2KPepc$2KSt Gregorys Catholic School: $2KSt Gregorys Catholic School$2KEvangelical Church of Marysville: $2KEvangelical Church ofMarysville$2KGood Shepherd Luth School: $2KGood Shepherd Luth School$2KHabitat for Humanity: $2KHabitat for Humanity$2K

Grant Size Distribution

130 grants across all recorded years

130<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Marysville Community Foundation ($6,000), Marshall Co Veterans Memorial ($5,000), Community Memorial Hosp Foundation ($2,400).

RecipientPurposeAmount
MARYSVILLE COMMUNITY FOUNDATION Marysville, KSSUPPORTOF LOCALCOMMUNITY$6,000
MARSHALL CO VETERANS MEMORIAL Marysville, KSSUPPORT OFVETERANS$5,000
COMMUNITY MEMORIAL HOSP FOUNDATION Marysville, KSSUPPORT OFLOCAL HOSPITAL$2,400
MARSHALL CO AGENCY ON AGING Marysville, KSSUPPORT ELDERLYIN THE COMMUNITY$2,400
HELPING HANDS FOOD PANTRY Marysville, KSSUPPORT OFLOCAL FOODPANTRY$2,400
PEPC Marysville, KSSUPPORT OFCOMMUNITYPROGRAMS$2,400
ST GREGORYS CATHOLIC SCHOOL Marysville, KSSUPPORT OFELEMENTARYSCHOOL$2,400
EVANGELICAL CHURCH OF MARYSVILLE Marysville, KSSUPPORT OFLOCALCHURCH$1,900
GOOD SHEPHERD LUTH SCHOOL Marysville, KSSUPPORT OFELEMENTARYSCHOOL$1,900
HABITAT FOR HUMANITY Marysville, KSAFFORDABLEHOUSING FORLOW INCOME$1,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Robert Ballman — Trustee: $2KRobert BallmanTrustee$2KRichard Weber — Trustee: $2KRichard WeberTrustee$2K

From 2024 IRS filing

NameTitleHoursCompensation
Robert BallmanTrustee0.25$1,800
Richard WeberTrustee0.25$1,800

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Leo D Ring Charitable Trust?

Leo D Ring Charitable Trust is a private foundation focused on Education, based in Marysville, KS. It holds $363K in total assets as of 2024.

How large is Leo D Ring Charitable Trust?

As of 2024, Leo D Ring Charitable Trust holds $363K in total assets with $71K in annual revenue. It awarded 26 grants totaling $48K in 2024.

Where does Leo D Ring Charitable Trust operate?

Leo D Ring Charitable Trust has awarded grants in Kansas.

What size grants does Leo D Ring Charitable Trust award?

In 2024, Leo D Ring Charitable Trust awarded 26 grants totaling $48K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is Leo D Ring Charitable Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Leo D Ring Charitable Trust reported a distributable amount of $24K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Leo D Ring Charitable Trust's EIN?

Leo D Ring Charitable Trust's EIN (Employer Identification Number) is 48-6348671. IRS Form 990 filing data is available on this page for 2020–2024.

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

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