Ries Foundation

CHICAGO, IL EIN: 36-2545485

Ries Foundation is a private foundation, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 32 grants totaling $67K. Net investment income was $51K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.3M

+92.7% YoY

Annual Giving

$67K

+24.1% YoY

Grant Count

32

-8.6% YoY

Avg Grant Size

$2K

+35.7% YoY

About Ries Foundation

Based on IRS filings

Ries Foundation is a private foundation, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 32 grants totaling $67K. Net investment income was $51K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

8states

Cities

AuroraBeachwoodBostonChicagoClevelandDallasDeerfieldDowners GroveElk Grove VillageEncinitasEvanstonGages LakeGlencoeGlenviewHighland ParkIthacaNapervilleNew YorkNorth ChicagoNorthbrook

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$32K$64K$96K$128K20202021202220232024
Metric202420232022
Total Assets$1,337,535$693,962$652,588
Revenue$72,763$116,314$83,651
Expenses$80,845$64,304$70,641
Qualifying Distributions$66,586$55,001$57,091
Net Investment Income$50,619$108,015$70,802
Distributable Amount$62,979$57,531$57,979

Giving Over Time

Total grant dollars and number of grants per year

$0$17K$33K$50K$67K31 grants202032 grants202137 grants202235 grants202332 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

JEWISH UNITED FUND$18KWORTHY BOOKS$15KUS HOLOCAUST MEMORIAL$5KAM SHALOM$5KNORTHWESTERN UNIVERSITY$3KSELF HELP HOME$2KFRIENDS OF THE IDF$2KJEWISH WOMEN'S FOUNDATION$2KWORLD CENTRAL KITCHEN$2KCORNELL UNIVERSITY$2K

Grant Size Distribution

167 grants across all recorded years

167<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
DR MICHAEL H RIESPRESIDENT, TREAS, DIRECTOR
DR ELAINE LEBOFF-RIESVICE PRESIDENT, SECR, DIRECTOR
JEFFREY RIESDIRECTOR
LAURA RIESDIRECTOR

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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