Ripple Fund

CHARLESTON, SC EIN: 83-0916106

Ripple Fund is a private foundation focused on Community Improvement & Capacity Building, based in CHARLESTON, SC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $221K in total assets. In 2024, it awarded 4 grants totaling $25K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$221K

-35.3% YoY

Annual Giving

$25K

+34.0% YoY

Grant Count

4

+0.0% YoY

Avg Grant Size

$6K

+34.0% YoY

About Ripple Fund

Based on IRS filings

Ripple Fund is a private foundation focused on Community Improvement & Capacity Building, based in CHARLESTON, SC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $221K in total assets. In 2024, it awarded 4 grants totaling $25K.

Ready to take the next step with Ripple Fund?

Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

CharlestonCharlotteGoose CreekMt PleasantN Charleston

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$208K$416K$624K$832K20202021202220232024
Metric202420232022
Total Assets$221,120$341,754$309,081
Revenue$156,000$330,674$251,026
Expenses$274,450$299,244$415,212
Qualifying Distributions$63,792$62,478$204,387
Net Investment Income
Distributable Amount$1,325$2,188$255

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$19K$29K$39K0 grants20200 grants20217 grants20224 grants20234 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

SHARED CITY$12KCOASTAL COMMUNITY FOUNDA…$12KMAD PARK$637HEART MATH TUTORING$200

Grant Size Distribution

15 grants across all recorded years

15<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JERALD SCHEERPRESIDENT30

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

What could you do with Ripple Fund 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