Ramtell Inc

Foundation · Grantmaker Tell City, IN EIN: 35-1925455

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Key facts about Ramtell Inc

EIN
35-1925455
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$1,455,850
Grants made (2024)
42
Average grant
$34,663
Median grant
$10,000
New grantees (estimate)
31% first-time grantees (13 of 42, 2024)
Total assets
$290,015,394
Primary geography
Kentucky (54% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated June 2026. New grantees are estimated by matching recipient names across years (methodology).

Who Ramtell Inc funds

By grant dollars, the top recipient states for Ramtell Inc's 42 itemized 2024 grants were Kentucky (54%) and Indiana (35%). The most frequent recipient cities were Louisville, KY (15 grants), Tell City, IN (6 grants), Evansville, IN (3 grants) and Indianapolis, IN (2 grants). 95% of grants with a stated purpose were for general or operating support.

Is Ramtell Inc open to new grantees?

31%

first-time grantees, 2024

In 2024, 13 of 42 grantees (31%) were first-time recipients. First grants averaged $25K; repeat grants $39K. How we count

Medians: $5K first-time, $10K repeat.

  • 60% of 2024 grantees were also funded in 2023. Method
  • Giving fell 89% from 2021 to 2024. Method
  • In 2024 it paid out 23% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Next steps with Ramtell Inc

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$290.0M

+1090.0% YoY

Annual Giving

$1.5M

+10.5% YoY

Grant Count

42

-12.5% YoY

Avg Grant Size

$35K

+26.3% YoY

Under IRS private-foundation payout rules, Ramtell Inc reported a distributable amount of $6.8M for 2024 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

Ramtell's stated purpose is to receive contributed funds, invest those funds, and make distributions to supported 501(c)(3) organizations that are not private foundations. The foundation supports at least five exempt organizations across multiple sectors.

Primary funding focus areas include:

  • Education
  • Philanthropy, Voluntarism & Grantmaking
  • Human Services
  • General support to educational and charitable institutions

Grantmaking

Ramtell made 51 grants in 2024. Recent notable grants include:

Grant Types

include general supportbenefit dinner sponsorshipsand donations to support multiple organizations
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Geographic Focus

Where this funder awards grants

Ramtell's grantmaking focuses primarily on Indiana, Kentucky, and Wyoming.

Grant Distribution by State

20states

Share of all 42 itemized 2024 grant dollars.

Cities

LouisvilleTell CityEvansvilleRockportIndianapolisCanneltonFrankfortBoonvilleFerdinandNashvilleSeymourDallasHoumaSouth BendTroyDearborn HeightsJacksonNew AlbanyNotre DameOmaha

Financial History

Multi-year comparison from IRS filings

As of 2024:

  • Total assets: $290,015,394
  • Total revenues: $273,797,686
  • Total expenses: $2,205,185
  • Number of employees: 1
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$75M$151M$226M$301M20202021202220232024
Metric202420232022
Total Assets$290,015,394$24,370,087$26,554,873
Revenue$273,797,686$1,033,064$1,442,158
Expenses$2,205,185$1,763,337$1,742,529
Qualifying Distributions$1,567,441$1,392,865$1,288,945
Net Investment Income$3,268,368$857,405$1,029,431
Distributable Amount$6,753,693$1,231,292$1,340,701

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$3M$7M$10M$13M36 grants202051 grants202144 grants202248 grants202342 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Sacred Heart Schools: $200KSacred Heart Schools$200KSisters of Saint Benedict: $200KSisters of Saint Benedict$200KSaint Margaret Mary Catholic Church: $150KSaint Margaret Mary CatholicChurch$150KArchdiocese of Indianapolis: $110KArchdiocese of Indianapolis$110KArchdiocese of Louisville: $100KArchdiocese of Louisville$100KSaint Paul's Catholic Church: $100KSaint Paul's Catholic Church$100KCatholic Education Foundation: $75KCatholic Education Foundation$75KFoster's Outriders Foundation: $50KFoster's Outriders Foundation$50KHome of the Innocents Inc: $50KHome of the Innocents Inc$50KLittle Way Pregnancy Resource Center: $50KLittle Way Pregnancy ResourceCenter$50K

Grant Size Distribution

221 grants across all recorded years

178<$50K20$50–100K19$100–250K2$250–500K1$500K–1M$1–5M1$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Sacred Heart Schools ($200,000), Sisters of Saint Benedict ($200,000), Saint Margaret Mary Catholic Church ($150,000).

RecipientPurposeAmount
SACRED HEART SCHOOLS Louisville, KYGENERAL SUPPORT$200,000
SISTERS OF SAINT BENEDICT Ferdinand, INGENERAL SUPPORT$200,000
SAINT MARGARET MARY CATHOLIC CHURCH Louisville, KYGENERAL SUPPORT$150,000
ARCHDIOCESE OF INDIANAPOLIS Indianapolis, INUNITED CATHOLIC APPEAL$110,000
ARCHDIOCESE OF LOUISVILLE Louisville, KYUNITED CATHOLIC APPEAL$100,000
SAINT PAUL'S CATHOLIC CHURCH Tell City, INGENERAL SUPPORT$100,000
CATHOLIC EDUCATION FOUNDATION Louisville, KYGENERAL SUPPORT$75,000
FOSTER'S OUTRIDERS FOUNDATION Jackson, WYGENERAL SUPPORT$50,000
HOME OF THE INNOCENTS INC Louisville, KYGENERAL SUPPORT$50,000
LITTLE WAY PREGNANCY RESOURCE CENTER Louisville, KYGENERAL SUPPORT$50,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Daniel Conway — Executive Director: $60KDaniel ConwayExecutive Director$60KFR Daniel J Staublin — Other Director: $500FR Daniel J StaublinOther Director$500John a Oberhausen — Other Director: $500John a OberhausenOther Director$500Micki Kidder — Other Director: $500Micki KidderOther Director$500Zareda a Sherwood — Other Director: $500Zareda a SherwoodOther Director$500

From 2024 IRS filing

NameTitleHoursCompensation
Daniel ConwayExecutive Director10$60,000
FR Daniel J StaublinOther Director1$500
John a OberhausenOther Director1$500
Micki KidderOther Director1$500
Zareda a SherwoodOther Director1$500
Neil P RamseyPresident, Treas & Director1—
Josh AlbertsenSecretary & Director1—
Lisa a AcchiardoOther Director1—
FR Tony HollowellOther Director1—
Guy N RamseyPresident & Director1—

Contact Information

Address: 804 7th Street, Tell City, IN 47586-2102
Telephone: 502-245-6220

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Ramtell Inc fund?

Ramtell's stated purpose is to receive contributed funds, invest those funds, and make distributions to supported 501(c)(3) organizations that are not private foundations. The foundation supports at least five exempt organizations across multiple sectors. Primary funding focus areas include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services • General support to educational and charitable institutions

How do I apply for a grant from Ramtell Inc?

**Grant Activity:** Ramtell made 51 grants in 2024. Recent notable grants include: | Grantee | Grant Type | Year | Amount | | --- | --- | --- | --- | | Sacred Heart Schools | General Support | 2024 | $200,000 | | Catholic Charities Disaster Relief & Preparedness | United Catholic Appeal | 2024 | $110,000 | | Catholic Education Foundation | General Support | 2024 | $75,000 | | Perry County Development Corp | General Support | 2024 | $500 | **Grant Characteristics:** • Typical award range: $100,0…

Where does Ramtell Inc make grants?

Ramtell's grantmaking focuses primarily on Indiana, Kentucky, and Wyoming.

What size grants does Ramtell Inc award?

In 2024, Ramtell Inc awarded 42 grants totaling $1.5M — an average of about $35K per grant, based on its IRS Form 990 filings.

How much is Ramtell Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Ramtell Inc reported a distributable amount of $6.8M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Ramtell Inc's EIN?

Ramtell Inc's EIN (Employer Identification Number) is 35-1925455. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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