Ringen Fund Inc 4006-70-44

Foundation · Grantmaker Philadelphia, PA EIN: 86-1387407

Ringen Fund Inc 4006-70-44 is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Philadelphia, PA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $4.6M in total assets. In 2024, it awarded 6 grants totaling $68K. Net investment income was $316K.

Key facts about Ringen Fund Inc 4006-70-44

EIN: 86-1387407
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $67,500
Grants made (2024): 6
Average grant: $11,250
Median grant: $10,000
Total assets: $4,563,255
Primary geography: Ohio (67% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Ringen Fund Inc 4006-70-44 funds

By grant dollars, the top recipient states for Ringen Fund Inc 4006-70-44's 6 itemized 2024 grants were Ohio (67%) and New York (33%). The most frequent recipient cities were Cleveland, OH (2 grants) and Chagrin Falls, OH (2 grants). None of its 6 grants with a stated purpose were described as general or operating support.

How Ringen Fund Inc 4006-70-44 gives

In 2024 it paid out 32% 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.

Next steps with Ringen Fund Inc 4006-70-44

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.6M

+6.5% YoY

Annual Giving

$68K

-81.3% YoY

Grant Count

-64.7% YoY

Avg Grant Size

$11K

-46.9% YoY

Under IRS private-foundation payout rules, Ringen Fund Inc 4006-70-44 reported a distributable amount of $230K for 2024 — the minimum it must pay out in qualifying distributions.

About Ringen Fund Inc 4006-70-44

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Ohio $45K (67%)

New York $23K (33%)

Share of all 6 itemized 2024 grant dollars.

States

California District of Columbia Maine Mississippi New York Ohio

Cities

ClevelandChagrin FallsNew YorkAstoriaChautauquaLos AngelesOcean SpringsPortlandSolonWashington

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$4,563,255	$4,282,948	$4,550,138
Revenue	$348,670	$141,734	$129,992
Expenses	$108,628	$400,085	$159,139
Qualifying Distributions	$73,676	$369,214	$142,448
Net Investment Income	$315,916	$113,676	$113,301
Distributable Amount	$230,082	$218,309	$219,695

Data update history

When this profile's IRS filing data changed on Grantable

March 3, 2026 IRS filings on file for fiscal years 2021–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

Grant Size Distribution

32 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Cambridge in America ($20,000), Judson ($20,000), Dunham Tavern Museum ($15,000).

Recipient	Purpose	Amount
Cambridge in America New York, NY	SUPPORT JESSICA JOY ROSE	$20,000
Judson Cleveland, OH	MANSION GARDEN RENOVATION	$20,000
Dunham Tavern Museum Cleveland, OH	NEO REGIONAL SEWER DISTRICT	$15,000
Community Life Collaborative Chagrin Falls, OH	FUNDRAISING CONSULTANT	$5,000
Valley Art Center Chagrin Falls, OH	CONSTRUCTION ART MURALS	$5,000
Alumni Association of the Chautauqua Chautauqua, NY	HALL OF PHILOSOPHY TILE	$2,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Mary Latham Galeti	President	5	—
Alexander S Taylor	Vice President	5	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Ringen Fund Inc 4006-70-44?

Ringen Fund Inc 4006-70-44 is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Philadelphia, PA. It holds $4.6M in total assets as of 2024.

How large is Ringen Fund Inc 4006-70-44?

As of 2024, Ringen Fund Inc 4006-70-44 holds $4.6M in total assets with $349K in annual revenue. It awarded 6 grants totaling $68K in 2024.

Where does Ringen Fund Inc 4006-70-44 operate?

Ringen Fund Inc 4006-70-44 has awarded grants in California, District of Columbia, Maine, Mississippi, New York, Ohio.

What size grants does Ringen Fund Inc 4006-70-44 award?

In 2024, Ringen Fund Inc 4006-70-44 awarded 6 grants totaling $68K — an average of about $11K per grant, based on its IRS Form 990 filings.

How much is Ringen Fund Inc 4006-70-44 required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Ringen Fund Inc 4006-70-44 reported a distributable amount of $230K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.