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
Under IRS private-foundation payout rules, Ripple Fund reported a distributable amount of $1K for 2024 — the minimum it must pay out in qualifying distributions.
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.
Focus Areas
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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 | $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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
15 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Shared City ($12,360), Coastal Community Foundation ($12,000), Mad Park ($637).
| Recipient | Purpose | Amount |
|---|---|---|
| COASTAL COMMUNITY FOUNDATION N CHARLESTON, SC | TICKETS FOR FUNDRAISER | $12,000 |
| MAD PARK CHARLESTON, SC | TSHIRTS FOR FUNDRAISER | $637 |
| SHARED CITY CHARLESTON, SC | LEARNING LAB DONATION | $12,360 |
| HEART MATH TUTORING CHARLOTTE, NC | DONATION | $200 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JERALD SCHEER | PRESIDENT | 30 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Ripple Fund?
Ripple Fund is a private foundation focused on Community Improvement & Capacity Building, based in CHARLESTON, SC. It holds $221K in total assets as of 2024.
How large is Ripple Fund?
As of 2024, Ripple Fund holds $221K in total assets with $156K in annual revenue. It awarded 4 grants totaling $25K in 2024.
Where does Ripple Fund operate?
Ripple Fund has awarded grants in North Carolina, South Carolina.
What size grants does Ripple Fund award?
In 2024, Ripple Fund awarded 4 grants totaling $25K — an average of about $6K per grant, based on its IRS Form 990 filings.
How much is Ripple Fund required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Ripple Fund reported a distributable amount of $1K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Ripple Fund's EIN?
Ripple Fund's EIN (Employer Identification Number) is 83-0916106. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Ripple Fund's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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