Ma Rikard Charitable Trust

NASHVILLE, TN EIN: 63-6231842

Philanthropy, Voluntarism & Grantmaking

MA Rikard Charitable Trust is a charitable foundation that provides grant funding to nonprofit organizations.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.6M

+0.0% YoY

Annual Giving

$325K

+28.1% YoY

Grant Count

+3.9% YoY

Avg Grant Size

$6K

+23.3% YoY

Under IRS private-foundation payout rules, Ma Rikard Charitable Trust reported a distributable amount of $283K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Grantmaking

The trust has demonstrated grant activity in recent years. A documented grant award includes:

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Geographic Focus

Where this funder awards grants

The trust has funded organizations in Hawaii, specifically supporting nonprofits in the state.

Note: Limited information about this funder is available in the verified sources provided. Grant professionals seeking additional details about MA Rikard Charitable Trust's mission, application procedures, funding priorities, leadership, or financial capacity should conduct further research through official foundation channels or direct inquiry.

Grant Distribution by State

Hawaii $416K (32%)

Georgia $338K (26%)

Alabama $298K (23%)

Tennessee $135K (10%)

Washington $81K (6%)

Oregon $13K (1%)

Pennsylvania $9K (1%)

Illinois $6K (0%)

+7 more states

States

Alabama Arizona District of Columbia Georgia Hawaii Illinois Maryland New York Ohio Oregon Pennsylvania Tennessee Utah Washington Wisconsin

Cities

AieaAlabasterAtlantaBayfieldBeatriceBellinghamBirminghamBrentwoodCincinnatiClarksburgCullmanDeerfieldDemingElbertaEleeleFoleyFranklinGainesvilleGulf ShoresHanalei

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$2,579,002	$2,578,650	$2,652,188
Revenue	$446,882	$302,546	$207,001
Expenses	$446,530	$376,084	$349,640
Qualifying Distributions	$390,221	$317,327	$305,270
Net Investment Income	$387,168	$243,789	$162,631
Distributable Amount	$282,921	$244,839	$267,532

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

250 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Oglethorpe University ($65,000), Alderwood Elementary School ($30,000), Kekula Ni'ihau O Kekaha - Preschool ($25,000).

Recipient	Purpose	Amount
ALABAMA CHILDREN'S HOSPITAL FOUNDATION BIRMINGHAM, AL	CHARITABLE	$10,000
ALDERWOOD ELEMENTARY SCHOOL BELLINGHAM, WA	CHARITABLE	$30,000
ALZHEIMER'S DISEASE RESEARCH CLARKSBURG, MD	CHARITABLE	$200
AMERICAN CANCER SOCIETY BIRMINGHAM, AL	CHARITABLE	$300
AMERICAN HEART ASSOCIATION PHOENIX, AZ	CHARITABLE	$300
AMERICAN LUNG ASSOC OF ALABAMA HOOVER, AL	CHARITABLE	$300
BALDWIN COUNTY HERITAGE MUSEUM ELBERTA, AL	CHARITABLE	$5,000
BE BOLD MINISTRIES SALEM, OR	CHARITABLE	$3,000
BELMONT UNIVERSITY NASHVILLE, TN	CHARITABLE	$20,000
BIG OAK RANCH INC SPRINGVILLE, AL	CHARITABLE	$6,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
SYNOVUS TRUST COMPANY	CO-TRUSTEE	10	$58,069
FRANK A RIKARD	CO-TRUSTEE	6	$12,000
GLENN A RIKARD	CO-TRUSTEE	6	$12,000
ELIZABETH R VON KRUSENSTIERN	CO-TRUSTEE	6	$12,000
JOHN VON KRUSENSTIERN	CO-TRUSTEE	6	$12,000

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

How do I apply for a grant from Ma Rikard Charitable Trust?

The trust has demonstrated grant activity in recent years. A documented grant award includes: • **$15,000 grant to Storybook Theatre of Hawaii** (September 2024) for charitable purposes

Where does Ma Rikard Charitable Trust make grants?

The trust has funded organizations in Hawaii, specifically supporting nonprofits in the state. --- **Note:** Limited information about this funder is available in the verified sources provided. Grant professionals seeking additional details about MA Rikard Charitable Trust's mission, application procedures, funding priorities, leadership, or financial capacity should conduct further research through official foundation channels or direct inquiry.

What size grants does Ma Rikard Charitable Trust award?

In 2024, Ma Rikard Charitable Trust awarded 53 grants totaling $325K — an average of about $6K per grant, based on its IRS Form 990 filings.

How much is Ma Rikard Charitable Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Ma Rikard Charitable Trust reported a distributable amount of $283K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.