Ridley Foundation is a private foundation focused on Arts and culture, based in CARPINTERIA, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 8 grants totaling $131K. Net investment income was $244K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.6M
+7.3% YoY
Annual Giving
$131K
+28.3% YoY
Grant Count
8
+33.3% YoY
Avg Grant Size
$16K
-3.8% YoY
Under IRS private-foundation payout rules, Ridley Foundation reported a distributable amount of $112K for 2024 — the minimum it must pay out in qualifying distributions.
About Ridley Foundation
Based on IRS filings
Ridley Foundation is a private foundation focused on Arts and culture, based in CARPINTERIA, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 8 grants totaling $131K. Net investment income was $244K.
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 | $1,633,116 | $1,521,847 | $1,606,307 |
| Revenue | $268,914 | $43,470 | $111,357 |
| Expenses | $157,645 | $127,930 | $125,075 |
| Qualifying Distributions | $132,733 | $102,205 | $103,737 |
| Net Investment Income | $244,002 | $30,166 | $90,019 |
| Distributable Amount | $112,374 | $94,499 | $95,336 |
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
25 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Allan Hancock College Foundation ($16,510), Cabrillo College Foundation ($16,510), Foothill-de Anza Foundation ($16,510).
| Recipient | Purpose | Amount |
|---|---|---|
| ALLAN HANCOCK COLLEGE FOUNDATION SANTA MARIA, CA | EDUCATIONAL SCHOLARSHIPS | $16,510 |
| CABRILLO COLLEGE FOUNDATION APTOS, CA | EDUCATIONAL SCHOLARSHIPS | $16,510 |
| FOOTHILL-DE ANZA FOUNDATION LOS ALTOS HILLS, CA | ACADEMIC AWARENESS SCHOLARSHIP | $16,510 |
| FOUNDATION FOR SANTA BARBARA CITY COLLEGE SANTA BARBARA, CA | RIDLEY-TREE SCHOLARSHIPS | $16,510 |
| HARTNELL COLLEGE FOUNDATION SALINAS, CA | EDUCATIONAL SCHOLARSHIPS | $16,510 |
| UNIVERSITY OF THE PACIFIC STOCKTON, CA | MCGEORGE DIVERSE BAR EXAM SUPPORT STIPEND | $16,115 |
| CALIFORNIA STATE UNIVERSITY - CHANNEL ISLANDS CAMARILLO, CA | EDUCATIONAL SCHOLARSHIPS FOR NURSING STUDENTS | $16,115 |
| OHLONE COLLEGE FOUNDATION FREMONT, CA | EDUCATIONAL SCHOLARSHIPS | $16,115 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SUZETTE CHAFEY | PRESIDENT | 2 | — |
| XALOC CABANES | TRUSTEE | 2 | — |
| KIERAN SHAH | TRUSTEE (START 2/21/24) | 0.5 | — |
| SARA HOMAN | TRUSTEE (START 4/30/24) | 0.5 | — |
| LIANN REYES | TRUSTEE (START 6/6/24) | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Ridley Foundation?
Ridley Foundation is a private foundation focused on Arts and culture, based in CARPINTERIA, CA. It holds $1.6M in total assets as of 2024.
How large is Ridley Foundation?
As of 2024, Ridley Foundation holds $1.6M in total assets with $269K in annual revenue. It awarded 8 grants totaling $131K in 2024.
Where does Ridley Foundation operate?
Ridley Foundation has awarded grants in California.
What size grants does Ridley Foundation award?
In 2024, Ridley Foundation awarded 8 grants totaling $131K — an average of about $16K per grant, based on its IRS Form 990 filings.
How much is Ridley Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Ridley Foundation reported a distributable amount of $112K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Ridley Foundation's EIN?
Ridley Foundation's EIN (Employer Identification Number) is 77-0171609. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Ridley Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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