Ripple Foundation
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.
Ripple Foundation at a glance
- Total assets
- $679,909
- +53.8% vs 2023
- Revenue (2024)
- $372,007
- +55.9% vs 2023
- Qualifying distributions (2024)
- $925
- -10.0% vs 2023
- Expenses (2024)
- $6,566
- +71.3% vs 2023
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Ripple Foundation funds
How this funder distributes its grants
Grant Size Distribution
1 grant across all recorded years
The most common grant size was under $50K: 1 grant of 1 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2020 it made 1 grant totaling $10K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Eugene Civic Alliance Eugene, OR | Community Recreation | $10,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $679,909 | $372,007 | $6,566 | — | — | $925 | $283,115 | $24,825 |
| 2023 | $442,121 | $238,543 | $3,833 | — | — | $1,028 | $5,151 | $12,822 |
| 2022 | $208,755 | $188,382 | $2,476 | — | — | $807 | $2,338 | $6,764 |
| 2021 | $40,931 | $2,270 | $1,681 | — | — | $568 | $1,357 | $1,977 |
| 2020 | $39,751 | $881 | $13,509 | $10,000 | 1 | — | — | $2,150 |
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.
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.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Ripple Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
- Hancock Whitney Opportunity Grant (Hancock Whitney Community Reinvestment Act Program) Up to US $25,000 · Due October 30, 2026
- Boettcher Foundation Colorado Grantmaking: Rural Catalyst Grants US $1,000 - US $10,000 · Due October 30, 2026
- Boston Foundation: Safety Net Grants US $50,000 · Due October 30, 2026
Explore Open Grants
Browse active grant opportunities in Ripple Foundation's focus areas in our free grants database
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Ripple Foundation down — hundreds of funders to go?