Ripple Foundation

Private foundation · Grantmaker Eugene, OR EIN: 83-2529371

Ripple Foundation is a private foundation, based in Eugene, OR. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $680K in total assets. In 2024, it made $925 in qualifying distributions. Net investment income was $283K.

Key facts about Ripple Foundation

EIN
83-2529371
Latest 990 filing
Form 990-PF, 2024
Total assets
$679,909

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

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$680K

+53.8% YoY

Revenue

$372K

+55.9% YoY

Qualifying Distributions

$925

-10.0% YoY

Expenses

$7K

+71.3% YoY

Under IRS private-foundation payout rules, Ripple Foundation reported a distributable amount of $25K for 2024 — the minimum it must pay out in qualifying distributions.

How Ripple Foundation gives

  • In 2024 it paid out 4% 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

1state

States

Cities

Eugene

Giving Over Time

Total grant dollars and number of grants per year

$0$2.5K$5K$7.5K$10K1 grant2020 0 grants2021 0 grants2022 0 grants2023 0 grants2024

In 2020 it made 1 grant totaling $10K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

1 grant across all recorded years

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

The most common grant size was under $50K: 1 grant of 1 (100%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$679,909$442,121$208,755
Revenue$372,007$238,543$188,382
Expenses$6,566$3,833$2,476
Qualifying Distributions$925$1,028$807
Net Investment Income$283,115$5,151$2,338
Distributable Amount$24,825$12,822$6,764

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Ripple Foundation is led by Paula Lafferty, President An on every filing since 2020; none of the 6 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Paula Lafferty

    President An

    On filings since 2020

    No compensation reported

  • David Lafferty

    Director

    On filings since 2020

    No compensation reported

  • Isabelle Lafferty

    Director

    On filings since 2020

    No compensation reported

  • Jason Lafferty

    Director

    On filings since 2020

    No compensation reported

  • Samuel Lafferty

    Director

    On filings since 2020

    No compensation reported

  • Caroline Lafferty

    Secretary

    On filings since 2020

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Ripple Foundation

How large is Ripple Foundation?

Ripple Foundation reported $680K in total assets on its 2024 IRS Form 990-PF. It paid out $925 in qualifying distributions that year, against a required minimum of $25K (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 Ripple Foundation operate?

Ripple Foundation has awarded grants in Oregon.

What is Ripple Foundation's EIN?

Ripple Foundation's EIN (Employer Identification Number) is 83-2529371. IRS Form 990 filing data is available on this page for 2020–2024.

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

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