Risden P Reece Scholarship Fund

Foundation · Grantmaker SAINT LOUIS, MO EIN: 56-6190280

Risden P Reece Scholarship Fund is a private foundation, based in SAINT LOUIS, MO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $194K in total assets. In 2024, it awarded 7 grants totaling $8K. Net investment income was $9K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$194K

-0.7% YoY

Annual Giving

$8K

-25.0% YoY

Grant Count

-12.5% YoY

Avg Grant Size

$1K

-14.3% YoY

Under IRS private-foundation payout rules, Risden P Reece Scholarship Fund reported a distributable amount of $11K for 2024 — the minimum it must pay out in qualifying distributions.

About Risden P Reece Scholarship Fund

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

North Carolina $46K (100%)

States

North Carolina

Cities

Boiling SpringsBuies CreekDurhamWake ForestWinston Salem

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$193,525	$194,862	$203,103
Revenue	$12,001	$5,695	$8,396
Expenses	$13,397	$15,392	$17,940
Qualifying Distributions	$10,511	$12,748	$14,907
Net Investment Income	$8,968	$3,625	$5,652
Distributable Amount	$11,086	$11,721	$10,954

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Grant Size Distribution

31 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Wake Forest Univ School of Divinity ($2,000), Duke Divinity School ($1,000), Duke Divinity School ($1,000).

Recipient	Purpose	Amount
DUKE DIVINITY SCHOOL DURHAM, NC	SCHOLARSHIP	$1,000
WAKE FOREST UNIV SCHOOL OF DIVINITY WINSTON SALEM, NC	SCHOLARSHIP	$2,000
DUKE DIVINITY SCHOOL DURHAM, NC	SCHOLARSHIP	$1,000
DUKE DIVINITY SCHOOL DURHAM, NC	SCHOLARSHIP	$1,000
DUKE DIVINITY SCHOOL DURHAM, NC	SCHOLARSHIP	$500
GARDNER WEBB UNIVERSITY BOILING SPRINGS, NC	SCHOLARSHIP	$1,000
DUKE DIVINITY SCHOOL DURHAM, NC	SCHOLARSHIP	$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
WELLS FARGO BANK N A	TRUSTEE	1	$3,749

Frequently Asked Questions

How large is Risden P Reece Scholarship Fund?

As of 2024, Risden P Reece Scholarship Fund holds $194K in total assets with $12K in annual revenue. It awarded 7 grants totaling $8K in 2024.

Where does Risden P Reece Scholarship Fund operate?

Risden P Reece Scholarship Fund has awarded grants in North Carolina.

What size grants does Risden P Reece Scholarship Fund award?

In 2024, Risden P Reece Scholarship Fund awarded 7 grants totaling $8K — an average of about $1K per grant, based on its IRS Form 990 filings.

How much is Risden P Reece Scholarship Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Risden P Reece Scholarship Fund reported a distributable amount of $11K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Risden P Reece Scholarship Fund's EIN?

Risden P Reece Scholarship Fund's EIN (Employer Identification Number) is 56-6190280. IRS Form 990 filing data is available on this page for 2020–2024.