Ralph Riganati Scholarship Fund Tru is a private foundation focused on Education, based in NEWBURYPORT, MA. IRS filing data is available from 2020 through 2021. In 2021, it awarded 8 grants totaling $16K.
Financial Overview
From 2021 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$16K
+433.3% YoY
Grant Count
8
+300.0% YoY
Avg Grant Size
$2K
+33.3% YoY
Under IRS private-foundation payout rules, Ralph Riganati Scholarship Fund Tru reported a distributable amount of $257 for 2021 — the minimum it must pay out in qualifying distributions.
About Ralph Riganati Scholarship Fund Tru
Based on IRS filings
Ralph Riganati Scholarship Fund Tru is a private foundation focused on Education, based in NEWBURYPORT, MA. IRS filing data is available from 2020 through 2021. In 2021, it awarded 8 grants totaling $16K.
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 | 2021 | 2020 |
|---|---|---|
| Total Assets | — | $16,449 |
| Revenue | $1,011 | $3,034 |
| Expenses | $17,460 | $4,801 |
| Qualifying Distributions | — | — |
| Net Investment Income | — | $1,574 |
| Distributable Amount | $257 | $871 |
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 2021
Grant Size Distribution
10 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2021 grants, the largest include Sierra Leahyclemson ($2,500), Andrew Cullenstlawrence Univ ($2,500), Jackson Espeplymouth Stuniv ($2,500).
| Recipient | Purpose | Amount |
|---|---|---|
| SOFIA JUSTEBUCKNELL UNIVERSITY NEWBURYPORT, MA | SCHOLARSHIP | $1,500 |
| PETER D'AMBROSIOBABSON COLLEGE NEWBURYPORT, MA | SCHOLARSHIP | $1,500 |
| ZACHARY MILTONQUINSIGAMOND CC WEST BOYLSTON, MA | SCHOLARSHIP | $1,500 |
| MADISON WATERSONFITCHBURG ST UNIV WEST BOYLSTON, MA | SCHOLARSHIP | $1,500 |
| SIERRA LEAHYCLEMSON NEWBURYPORT, MA | SCHOLARSHIP | $2,500 |
| ANDREW CULLENSTLAWRENCE UNIV NEWBURYPORT, MA | SCHOLARSHIP | $2,500 |
| JACKSON ESPEPLYMOUTH STUNIV WEST BOYLSTON, MA | SCHOLARSHIP | $2,500 |
| BASIL MITCHELLBOSTON UNIV WEST BOYLSTON, MA | SCHOLARSHIP | $2,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2021 IRS filing
From 2021 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GARY SWERLING | TRUSTEE | 0.5 | — |
| RAYMOND A FANEUF | TRUSTEE | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Ralph Riganati Scholarship Fund Tru?
Ralph Riganati Scholarship Fund Tru is a nonprofit organization focused on Education, based in NEWBURYPORT, MA. It holds — in total assets as of 2021.
Where does Ralph Riganati Scholarship Fund Tru operate?
Ralph Riganati Scholarship Fund Tru has awarded grants in Massachusetts.
What size grants does Ralph Riganati Scholarship Fund Tru award?
In 2021, Ralph Riganati Scholarship Fund Tru awarded 8 grants totaling $16K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Ralph Riganati Scholarship Fund Tru required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2021, Ralph Riganati Scholarship Fund Tru reported a distributable amount of $257 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Ralph Riganati Scholarship Fund Tru's EIN?
Ralph Riganati Scholarship Fund Tru's EIN (Employer Identification Number) is 04-3274961. IRS Form 990 filing data is available on this page for 2020–2021.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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