Risden P Reece Scholarship Fund
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
7
-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
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.
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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 | $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.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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