Melinda and Charles Ruperto Foundation
Melinda and Charles Ruperto Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DES MOINES, IA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $498K in total assets. In 2024, it awarded 8 grants totaling $47K. Net investment income was $32K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$498K
+4.0% YoY
Annual Giving
$47K
+213.3% YoY
Grant Count
8
+300.0% YoY
Avg Grant Size
$6K
-21.7% YoY
Under IRS private-foundation payout rules, Melinda and Charles Ruperto Foundation reported a distributable amount of $35K for 2024 — the minimum it must pay out in qualifying distributions.
About Melinda and Charles Ruperto Foundation
Based on IRS filings
Melinda and Charles Ruperto Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DES MOINES, IA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $498K in total assets. In 2024, it awarded 8 grants totaling $47K. Net investment income was $32K.
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 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $497,810 | $478,495 | $432,413 |
| Revenue | $84,378 | $62,348 | $7,781 |
| Expenses | $65,063 | $16,266 | $31,254 |
| Qualifying Distributions | $47,000 | $15,000 | $30,000 |
| Net Investment Income | $32,478 | $2,877 | $2,756 |
| Distributable Amount | $34,870 | $27,631 | $25,675 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
18 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Des Moines Community Playhouse ($15,000), Des Moines Art Center ($10,000), Marsha P Johnson Institute ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| DES MOINES ART CENTER DES MOINES, IA | TO ASSIST IN FUNDING CULTURE AND FINE ARTS IN THE GREATER DES MOINES AREA | $10,000 |
| DES MOINES COMMUNITY PLAYHOUSE DES MOINES, IA | TO ASSIST IN FUNDING CULTURE AND FINE ARTS IN THE GREATER DES MOINES AREA | $15,000 |
| MARSHA P JOHNSON INSTITUTE RICHMOND, CA | TO ASSIST IN RAISING AWARENESS FOR ISSUES SURROUNDING THE LGBQT COMMUNITY | $5,000 |
| GREATER DES MOINES BOTANICAL GARDEN DES MOINES, IA | TO ASSIST IN FUNDING CULTURE AND BOTONY IN THE GREATER DES MOINES AREA | $5,000 |
| IOWA PUBLIC TELEVISION JOHNSTON, IA | TO ASSIST IN FUNDING CULTURE AND FINE ARTS IN THE GREATER DES MOINES AREA | $1,000 |
| IOWA PUBLIC RADIO DES MOINES, IA | TO ASSIST IN FUNDING CULTURE AND FINE ARTS IN THE GREATER DES MOINES AREA | $1,000 |
| IOWA CULINARY INSTITUTE AT DMACC ANKENY, IA | TO ASSIST IN FUNDING CULTURE AND FINE ARTS IN THE GREATER DES MOINES AREA | $5,000 |
| FORDHAM UNIVERSITY NEW YORK, NY | TO SUPPORT CULTURE AND HUMANITIES FOR STUDENTS OF FORDHAM UNIVERSITY | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MELINDA RUPERTO | PRESIDENT, TREASURER | 3 | — |
| CHARLES RUPERTO | VICE PRESIDENT | 1 | — |
| ANTHONY RUPERTO | DIRECTOR | 0.1 | — |
| JACOB RUPERTO | DIRECTOR | 0.1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Melinda and Charles Ruperto Foundation?
Melinda and Charles Ruperto Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DES MOINES, IA. It holds $498K in total assets as of 2024.
How large is Melinda and Charles Ruperto Foundation?
As of 2024, Melinda and Charles Ruperto Foundation holds $498K in total assets with $84K in annual revenue. It awarded 8 grants totaling $47K in 2024.
Where does Melinda and Charles Ruperto Foundation operate?
Melinda and Charles Ruperto Foundation has awarded grants in California, Iowa, New York.
What size grants does Melinda and Charles Ruperto Foundation award?
In 2024, Melinda and Charles Ruperto Foundation awarded 8 grants totaling $47K — an average of about $6K per grant, based on its IRS Form 990 filings.
How much is Melinda and Charles Ruperto Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Melinda and Charles Ruperto Foundation reported a distributable amount of $35K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Melinda and Charles Ruperto Foundation's EIN?
Melinda and Charles Ruperto Foundation's EIN (Employer Identification Number) is 85-2670541. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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