Riggs Student Scholarship Fund

Private foundation · Grantmaker Milwaukee, WI EIN: 91-6565775

Riggs Student Scholarship Fund is a private foundation, based in Milwaukee, WI. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $454K in total assets. In 2025, it made $2K in qualifying distributions. Net investment income was $38K.

Key facts about Riggs Student Scholarship Fund

EIN
91-6565775
Latest 990 filing
Form 990-PF, 2025
Total assets
$453,704

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$454K

+9.5% YoY

Revenue

$46K

+165.2% YoY

Qualifying Distributions

$2K

-92.1% YoY

Expenses

$10K

-73.1% YoY

Under IRS private-foundation payout rules, Riggs Student Scholarship Fund reported a distributable amount of $30K for 2025 — the minimum it must pay out in qualifying distributions.

How Riggs Student Scholarship Fund gives

  • Giving held roughly steady from 2021 to 2024 (+15%). Method
  • In 2025 it paid out 8% 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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Cities

CorvallisEugeneForest GroveNorthfieldLagrandeMonmouthNewbergPortlandPullmanKeeneLanderMcminnvilleSpokaneTillamookVancouverBerkeleyCoos BayOlympia

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K11 grants2021 7 grants2022 9 grants2023 7 grants2024 0 grants2025

From 2021 to 2024, annual grant giving ranged from $24K (2021) to $55K (2023). In 2024 it made 7 grants totaling $28K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

34 grants across all recorded years

34<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 34 grants of 34 (100%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20K$40K$60K$80K2021 2022 2023 2024 2025
Metric202520242023
Total Assets$453,704$414,213$434,369
Revenue$45,510$17,158$20,530
Expenses$10,020$37,313$65,722
Qualifying Distributions$2,385$30,047$57,418
Net Investment Income$37,942$9,591$13,342
Distributable Amount$29,984$24,539$23,579

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2025

Leadership & Key People

Officers and directors from IRS filings

Riggs Student Scholarship Fund's only listed officer is US Bank N A, Trustee on the 2025 filing (compensated).

Officers on the 2025 filing

  • US Bank N A

    Trustee

    New on the 2025 filing

    1 hr/week

    $8K (2025)

Former officers (1)
  • Former: U S Bank NA (2021–2024) — Trustee

Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

US Bank N a — Trustee: $8KUS Bank N aTrustee$8K

The highest reported compensation on the 2025 filing was $8K, to US Bank N a (Trustee).

Frequently asked questions about Riggs Student Scholarship Fund

How large is Riggs Student Scholarship Fund?

Riggs Student Scholarship Fund reported $454K in total assets on its 2025 IRS Form 990-PF. It paid out $2K in qualifying distributions that year, against a required minimum of $30K (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.

Where does Riggs Student Scholarship Fund operate?

Riggs Student Scholarship Fund has awarded grants in California, Minnesota, New Hampshire, Oregon, Washington, Wyoming.

What is Riggs Student Scholarship Fund's EIN?

Riggs Student Scholarship Fund's EIN (Employer Identification Number) is 91-6565775. IRS Form 990 filing data is available on this page for 2021–2025.

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

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