Let It Ride Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEWPORT BEACH, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $408K in total assets. In 2024, it awarded 1 grants totaling $16K. Net investment income was $13K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$408K
Annual Giving
$16K
Grant Count
1
Avg Grant Size
$16K
Under IRS private-foundation payout rules, Let It Ride Foundation reported a distributable amount of $19K for 2024 — the minimum it must pay out in qualifying distributions.
About Let It Ride Foundation
Based on IRS filings
Let It Ride Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEWPORT BEACH, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $408K in total assets. In 2024, it awarded 1 grants totaling $16K. Net investment income was $13K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $408,198 | $301,828 | $400,147 |
| Revenue | $12,714 | $10,941 | $16,361 |
| Expenses | $10,212 | $28,863 | $34,180 |
| Qualifying Distributions | — | $18,186 | $15,318 |
| Net Investment Income | $12,714 | $10,941 | $16,361 |
| Distributable Amount | $19,140 | $16,495 | $18,186 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
3 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Tunnel to Towers Foundation ($16,216).
| Recipient | Purpose | Amount |
|---|---|---|
| TUNNEL TO TOWERS FOUNDATION STATEN ISLAND, NY | SUPPORT VETERANS | $16,216 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MINDY WEISS | PRESIDENT | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Let It Ride Foundation?
Let It Ride Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in NEWPORT BEACH, CA. It holds $408K in total assets as of 2024.
How large is Let It Ride Foundation?
As of 2024, Let It Ride Foundation holds $408K in total assets with $13K in annual revenue. It awarded 1 grants totaling $16K in 2024.
Where does Let It Ride Foundation operate?
Let It Ride Foundation has awarded grants in New York.
What size grants does Let It Ride Foundation award?
In 2024, Let It Ride Foundation awarded 1 grants totaling $16K — an average of about $16K per grant, based on its IRS Form 990 filings.
How much is Let It Ride Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Let It Ride Foundation reported a distributable amount of $19K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Let It Ride Foundation's EIN?
Let It Ride Foundation's EIN (Employer Identification Number) is 20-2712552. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Let It Ride Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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