Rip Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LAKEWOOD, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $65K in total assets. In 2024, it awarded 4 grants totaling $24K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$65K
+31.1% YoY
Annual Giving
$24K
+205.3% YoY
Grant Count
4
-55.6% YoY
Avg Grant Size
$6K
+586.9% YoY
Under IRS private-foundation payout rules, Rip Foundation reported a distributable amount of $3K for 2024 — the minimum it must pay out in qualifying distributions.
About Rip Foundation
Based on IRS filings
Rip Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LAKEWOOD, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $65K in total assets. In 2024, it awarded 4 grants totaling $24K.
Focus Areas
Ready to take the next step with Rip Foundation?
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 | $64,686 | $49,346 | $45,646 |
| Revenue | $39,714 | $11,856 | $-1,584 |
| Expenses | $24,374 | $8,156 | $26,090 |
| Qualifying Distributions | $23,850 | $7,812 | $25,600 |
| Net Investment Income | — | — | — |
| Distributable Amount | $2,993 | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
33 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include St Pauls Community Outreach ($22,500), Trials for Hope ($500), OBAMA Foundation ($500).
| Recipient | Purpose | Amount |
|---|---|---|
| Salsbury Winter Sports Association Salsbury, CT | Annual Contribution to Campaign | $350 |
| Trials for Hope Cleveland, OH | charitable contribution | $500 |
| OBAMA Foundation Chicago, IL | Annual Contribution to Fund | $500 |
| St Pauls Community Outreach Cleveland, OH | charitable contribution | $22,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Robert P Noble Jr | Trustee | 2 | — |
| Charlotte Still Noble | President | 2 | — |
| Faith Noble | Treasurer | 2 | — |
| Vicki Noble | Trustee | 2 | — |
| Robert Manning | Trustee | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Rip Foundation?
Rip Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LAKEWOOD, OH. It holds $65K in total assets as of 2024.
How large is Rip Foundation?
As of 2024, Rip Foundation holds $65K in total assets with $40K in annual revenue. It awarded 4 grants totaling $24K in 2024.
Where does Rip Foundation operate?
Rip Foundation has awarded grants in Connecticut, District of Columbia, Illinois, Massachusetts, New Hampshire, New Jersey, New York, Ohio, South Carolina.
What size grants does Rip Foundation award?
In 2024, Rip Foundation awarded 4 grants totaling $24K — an average of about $6K per grant, based on its IRS Form 990 filings.
How much is Rip Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Rip Foundation reported a distributable amount of $3K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Rip Foundation's EIN?
Rip Foundation's EIN (Employer Identification Number) is 31-1531644. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Rip Foundation's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Cooper Tire Foundation Inc
AKRON, OH
Assets
$71K
Grants
2
Total Given
$67K
Auburn Education Foundation
CONCORD TOWNSHIP, OH
Assets
$352K
Grants
2
Total Given
$214K
Galpin-white Ta
BROOKLYN, OH
Assets
$16K
Grants
1
Total Given
$887
The Cleveland Superior Arts
CLEVELAND, OH
Assets
$5K
Grants
1
Total Given
$251K
Mary E H Rutter Tr Para 28
BROOKLYN, OH
Assets
$401K
Grants
1
Total Given
$26K
Carrie Peska Memorial Scholarship Fund
ANDOVER, OH
Assets
$19K
Grants
1
Total Given
$4K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Rip Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Rip Foundation to a real strategy.