Riley Earl C & Alice C Mem Trust

DALLAS, TX EIN: 04-6557343

Riley Earl C & Alice C Mem Trust is a private foundation, based in DALLAS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $575K in total assets. In 2024, it awarded 1 grants totaling $28K. Net investment income was $52K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$575K

+3.5% YoY

Annual Giving

$28K

+38.5% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$28K

+38.5% YoY

Under IRS private-foundation payout rules, Riley Earl C & Alice C Mem Trust reported a distributable amount of $33K for 2024 — the minimum it must pay out in qualifying distributions.

About Riley Earl C & Alice C Mem Trust

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Massachusetts $136K (100%)

States

Massachusetts

Cities

New Bedford

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$574,962	$555,473	$566,302
Revenue	$60,401	$20,495	$-14,766
Expenses	$40,305	$31,086	$47,524
Qualifying Distributions	$32,723	$24,481	$36,081
Net Investment Income	$52,445	$10,377	$4,849
Distributable Amount	$32,824	$29,957	$30,795

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Grace Episcopal Church ($28,194).

Recipient	Purpose	Amount
GRACE EPISCOPAL CHURCH NEW BEDFORD, MA	UNRESTRICTED GENERAL	$28,194

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
BANK OF AMERICA	TRUSTEE	1	$9,486

Frequently Asked Questions

How large is Riley Earl C & Alice C Mem Trust?

As of 2024, Riley Earl C & Alice C Mem Trust holds $575K in total assets with $60K in annual revenue. It awarded 1 grants totaling $28K in 2024.

Where does Riley Earl C & Alice C Mem Trust operate?

Riley Earl C & Alice C Mem Trust has awarded grants in Massachusetts.

What size grants does Riley Earl C & Alice C Mem Trust award?

In 2024, Riley Earl C & Alice C Mem Trust awarded 1 grants totaling $28K — an average of about $28K per grant, based on its IRS Form 990 filings.

How much is Riley Earl C & Alice C Mem Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Riley Earl C & Alice C Mem Trust reported a distributable amount of $33K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Riley Earl C & Alice C Mem Trust's EIN?

Riley Earl C & Alice C Mem Trust's EIN (Employer Identification Number) is 04-6557343. IRS Form 990 filing data is available on this page for 2020–2024.