Ma Rikard Charitable Trust
MA Rikard Charitable Trust is a private foundation based in Nashville, Tennessee. It makes charitable grants to organizations, including educational institutions, libraries, a children’s hospital foundation, arts and cultural organizations, and animal-welfare organizations.
Ma Rikard Charitable Trust at a glance
In short: Ma Rikard Charitable Trust gave $357K across 50 grants in 2025 (avg $7K), top state Alabama. 8% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $357,000
- +9.9% vs 2024
- Grants made (2025)
- 50
- -5.7% vs 2024
- Average grant
- $7,140
- +16.5% vs 2024
- Median grant
- $4,000
- Total assets
- $2,556,808
- -0.9% vs 2024
- New grantees (estimate)
- 8% first-time grantees (4 of 50, 2025)
- Primary geography
- Alabama (26% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Ma Rikard Charitable Trust
- How to Apply
-
The 2023 filing says to submit a letter to Frank A. Rikard with a copy of the requesting organization’s latest determination letter. The filing lists no restrictions on awards.
- Contact
Application contact: Frank A Rikard
Mailing address: 21298 Cotton Creek Drive Unit 101, Gulf Shores, AL 36542
Phone: (615) 271-2172
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Ma Rikard Charitable Trust funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Oglethorpe University ($65K). Together the top 10 received $224K.
Grant Size Distribution
275 grants across all recorded years
The most common grant size was under $50K: 270 grants of 275 (98%).
Geographic Focus
Where this funder awards grants
The trust’s 2025 grants went to organizations in several states. Shares of grant dollars by recipient state were Alabama, 26%; Georgia, 20%; Tennessee, 19%; Hawaii, 19%; and Washington, 12%.
Grant Distribution by State
Share of 2025 grant dollars across all 50 itemized grants.
States
Cities
Is Ma Rikard Charitable Trust open to new grantees?
8%
first-time grantees, 2025
In 2025, 4 of 50 grantees (8%) were first-time recipients. First grants averaged $2K; repeat grants $8K. How we count
Medians: $2K first-time, $5K repeat.
- 90% of 2025 grantees were also funded in 2024. Method
- Giving grew 48% from 2022 to 2025. Method
- In 2025 it paid out 141% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $241K (2022) to $357K (2025). In 2025 it made 50 grants totaling $357K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Oglethorpe University Atlanta, GA | Charitable | $65,000 |
| Alderwood Elementary School Bellingham, WA | Charitable | $41,000 |
| Nashville Public Library Foundation Nashville, TN | Charitable | $25,000 |
| Belmont University Nashville, TN | Charitable | $20,000 |
| Alabama Children's Hospital Foundation Birmingham, AL | Charitable | $15,000 |
| Friends of the Library of Hawaii Aiea, HI | Charitable | $15,000 |
| Storybook Theatre of Hawaii Hanapepe, HI | Charitable | $15,000 |
| Kekula Ni'ihau O Kekaha - Preschool Kekaha, HI | Charitable | $10,000 |
| Kilohana Canoe Club Waimea, HI | Charitable | $10,000 |
| Kauai Humane Society Lihue, HI | Charitable | $8,000 |
Ready to take the next step with Ma Rikard Charitable Trust?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $2,556,808 | $462,930 | $485,124 | $357,000 | 50 | $422,155 | $399,961 | $298,647 |
| 2024 | $2,579,002 | $446,882 | $446,530 | $324,800 | 53 | $390,221 | $387,168 | $282,921 |
| 2023 | $2,578,650 | $302,546 | $376,084 | $253,500 | 51 | $317,327 | $243,789 | $244,839 |
| 2022 | $2,652,188 | $207,001 | $349,640 | $241,000 | 56 | $305,270 | $162,631 | $267,532 |
| 2021 | $2,794,827 | $677,488 | $429,453 | $318,000 | 65 | — | $630,901 | $264,499 |
| 2020 | $2,546,792 | $186,866 | $363,917 | $263,800 | 59 | — | $143,310 | $234,288 |
| 2019 | $2,649,843 | $215,284 | $340,396 | $242,500 | 56 | — | $172,095 | $221,391 |
Under IRS private-foundation payout rules, Ma Rikard Charitable Trust reported a distributable amount of $299K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the trust is provided. Its 2025 grants show support for organizations with varied purposes. For example, Oglethorpe University describes its mission as teaching excellence and preparing students to contribute to a global society. The Nashville Public Library Foundation says it supports library programs that empower the community, encourage children’s imaginations, and foster lifelong learning. Kauai Humane Society describes its work as caring for animals, promoting the human-animal bond, and educating the community.
Grantmaking
In 2025, the trust made 50 grants totaling $357,000. Grant amounts ranged from $200 to $65,000, with a median grant of $4,000. Its largest listed awards included $65,000 to Oglethorpe University, $41,000 to Alderwood Elementary School, $25,000 to Nashville Public Library Foundation, and $20,000 to Belmont University. Other listed awards included $15,000 each to Alabama Children’s Hospital Foundation, Friends of the Library of Hawaii, and Storybook Theatre of Hawaii.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Synovus Trust Company, Frank A. Rikard, Glenn A. Rikard, Elizabeth R. von Krusenstiern, and John von Krusenstiern as co-trustees.
Ma Rikard Charitable Trust's 2025 filing lists 5 officers; all 5 officers listed in 2025 are compensated.
Officers on the 2025 filing
Elizabeth R. Von Krusenstiern
Co-Trustee
On filings since 2019
6 hrs/week
$10K (2019) → $12K (2025)
Frank A. Rikard
Co-Trustee
On filings since 2019
6 hrs/week
$10K (2019) → $12K (2025)
Glenn A. Rikard
Co-Trustee
On filings since 2019
6 hrs/week
$10K (2019) → $12K (2025)
John Von Krusenstiern
Co-Trustee
On filings since 2019
6 hrs/week
$10K (2019) → $12K (2025)
Synovus Trust Company
Co-Trustee
On filings since 2019
10 hrs/week
$49K (2019) → $62K (2025)
Data from IRS Form 990 filings, 2019–2025. "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
The highest reported compensation on the 2025 filing was $62K, to Synovus Trust Company (Co-Trustee). 5 officers or directors reported compensation on that filing.
Frequently asked questions about Ma Rikard Charitable Trust
How much does Ma Rikard Charitable Trust give each year?
Ma Rikard Charitable Trust gave $357K across 50 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $325K across 53 grants.
What is Ma Rikard Charitable Trust's typical grant size?
Ma Rikard Charitable Trust's median grant in 2025 was $4,000, and its average grant was $7,140, across 50 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Ma Rikard Charitable Trust that year got $2K on average.
Where does Ma Rikard Charitable Trust give grants?
Ma Rikard Charitable Trust's top state is Alabama, with 26% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Georgia (20%) and Tennessee (19%). The most frequent recipient cities were Foley, AL (10 grants), Birmingham, AL (5 grants), Nashville, TN (3 grants) and Franklin, TN (3 grants).
Does Ma Rikard Charitable Trust give general operating support?
Not in 2025: none of the 50 grants with a stated purpose on Ma Rikard Charitable Trust's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (50 grants).
Who are Ma Rikard Charitable Trust's largest grantees?
Ma Rikard Charitable Trust's largest 2025 grantees include Oglethorpe University ($65,000), Alderwood Elementary School ($41,000) and Nashville Public Library Foundation ($25,000), according to its 2025 IRS Form 990-PF. Together they received 37% of its itemized 2025 grant dollars.
How large is Ma Rikard Charitable Trust?
Ma Rikard Charitable Trust reported $2.6M in total assets on its 2025 IRS Form 990-PF. It paid out $422K in qualifying distributions that year, against a required minimum of $299K (roughly 5% of its investment assets).
What does Ma Rikard Charitable Trust fund?
No mission statement for the trust is provided. Its 2025 grants show support for organizations with varied purposes. For example, Oglethorpe University describes its mission as teaching excellence and preparing students to contribute to a global society. See mission & focus areas ↑
How do I apply for a grant from Ma Rikard Charitable Trust?
The 2023 filing says to submit a letter to Frank A. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Ma Rikard Charitable Trust's EIN?
Ma Rikard Charitable Trust's EIN (Employer Identification Number) is 63-6231842. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS February 10, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS February 12, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS February 4, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS February 13, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS January 29, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS February 4, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS February 3, 2026)
- IRS filings on file for fiscal years 2019–2025
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Cite this profile
Grantable. (2026). Ma Rikard Charitable Trust funder profile. GrantGraph. Retrieved October 13, 2026, from https://grantable.co/funders/ma-rikard-charitable-trust-morg_5a0f3d72885245f3a0f3ba66e5522b21
BibTeX
@misc{grantable_636231842_2026,
author = {{Grantable}},
title = {{Ma Rikard Charitable Trust funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/ma-rikard-charitable-trust-morg_5a0f3d72885245f3a0f3ba66e5522b21},
note = {Accessed 2026-10-13. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Ma Rikard Charitable Trust's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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