Ressa Foundation
Ressa Foundation is a private foundation, based in Mounds, OK. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $9.3M in total assets. In 2024, it awarded 5 grants totaling $30K. Net investment income was $1.0M.
Ressa Foundation at a glance
In short: Ressa Foundation gave $30K across 5 grants in 2024 (avg $6K), mostly in Oklahoma. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $29,678
- -57.2% vs 2023
- Grants made (2024)
- 5
- -44.4% vs 2023
- Average grant
- $5,936
- -22.9% vs 2023
- Median grant
- $300
- Total assets
- $9,346,713
- +14.8% vs 2023
- Primary geography
- Oklahoma (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Ressa Foundation funds
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
The largest 2024 recipient was First Assembly of God Oklmulgee ($24K). Together the top 5 received $30K.
Grant Size Distribution
86 grants across all recorded years
The most common grant size was under $50K: 86 grants of 86 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 5 itemized grants.
Cities
How Ressa Foundation gives
- Giving fell 68% from 2021 to 2024. Method
- In 2024 it paid out 85% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $30K (2024) to $122K (2022). In 2024 it made 5 grants totaling $30K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| First Assembly of God Oklmulgee Okmulgee, OK | General Contribution | $24,000 |
| Mainsprings Tulsa, OK | General Contribution | $5,108 |
| Tulsa Global Alliance Tulsa, OK | General Contribution | $300 |
| Okmulgee County Historic Society Okmulgee, OK | General Contribution | $150 |
| Landmark for All Generations Okmulgee, OK | General Contribution | $120 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $9,346,713 | $1,164,332 | $380,586 | $29,678 | 5 | $313,559 | $1,039,067 | $367,181 |
| 2023 | $8,140,444 | $389,912 | $363,503 | $69,264 | 9 | $608,695 | $280,140 | $359,743 |
| 2022 | $7,874,812 | $19,076 | $378,359 | $121,740 | 31 | $580,000 | $53,079 | $377,345 |
| 2021 | $8,389,894 | $7,065,623 | $309,843 | $92,152 | 39 | $92,152 | $1,691,855 | $248,403 |
| 2020 | $1,634,114 | $67,592 | $184,149 | $40,400 | 2 | — | $21,859 | $91,632 |
Under IRS private-foundation payout rules, Ressa Foundation reported a distributable amount of $367K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Ressa Foundation is led by Logan Phillips, Executive Director & Trustee on every filing since 2020; all 2 officers listed in 2024 are compensated.
Officers on the 2024 filing
Logan Phillips
Executive Director & Trustee
On filings since 2020
30 hrs/week
$65K (2020) → $99K (2024)
Johnna M. Yoder
Assistant Director
On filings since 2020
40 hrs/week
$24K (2020) → $99K (2024)
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $99K, to Logan Phillips (Executive Director/Trustee). 2 officers or directors reported compensation on that filing.
Frequently asked questions about Ressa Foundation
How much does Ressa Foundation give each year?
Ressa Foundation gave $30K across 5 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $69K across 9 grants.
What is Ressa Foundation's typical grant size?
Ressa Foundation's median grant in 2024 was $300, and its average grant was $5,936, across 5 grants on its 2024 IRS Form 990-PF.
Where does Ressa Foundation give grants?
Ressa Foundation gives mostly in Oklahoma: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Okmulgee, OK (3 grants) and Tulsa, OK (2 grants).
Does Ressa Foundation give general operating support?
Yes: 100% of Ressa Foundation's 2024 grants with a stated purpose (5 of 5) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Ressa Foundation's largest grantees?
Ressa Foundation's largest 2024 grantees include First Assembly of God Oklmulgee ($24,000), Mainsprings ($5,108) and Tulsa Global Alliance ($300), according to its 2024 IRS Form 990-PF. Together they received 99% of its itemized 2024 grant dollars.
How large is Ressa Foundation?
Ressa Foundation reported $9.3M in total assets on its 2024 IRS Form 990-PF. It paid out $314K in qualifying distributions that year, against a required minimum of $367K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is Ressa Foundation's EIN?
Ressa Foundation's EIN (Employer Identification Number) is 73-1602154. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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