Riva Yares Foundation
Riva Yares Foundation is a private foundation, based in Scottsdale, AZ. IRS filing data is available from 2020 through 2024. In 2024, it awarded 3 grants totaling $320K.
Riva Yares Foundation at a glance
In short: Riva Yares Foundation gave $320K across 3 grants in 2024 (avg $107K), mostly in Arizona. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $320,000
- +5432.5% vs 2023
- Grants made (2024)
- 3
- +200.0% vs 2023
- Average grant
- $106,667
- +1744.2% vs 2023
- Median grant
- $60,000
- Primary geography
- Arizona (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Riva Yares Foundation funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
The largest 2024 recipient was ASU Foundation ($310K across 2 grants). Together the top 2 received $320K.
Grant Size Distribution
6 grants across all recorded years
The most common grant size was under $50K: 2 grants of 6 (33%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 3 itemized grants.
States
Cities
How Riva Yares Foundation gives
- Giving grew 310% from 2021 to 2024. Method
- In 2023 it paid out 138% of its IRS minimum distribution (the 5% rule). 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
From 2021 to 2024, annual grant giving ranged from $6K (2023) to $320K (2024). In 2024 it made 3 grants totaling $320K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| ASU Foundation Tempe, AZ | Promote Arts | $250,000 |
| ASU Foundation Tempe, AZ | Operations | $60,000 |
| Chabad of Scottsdale Scottsdale, AZ | Operations | $10,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|
| 2024 | — | $328,850 | $320,000 | 3 | $320,000 | — |
| 2023 | $608,552 | $7,324 | $5,784 | 1 | $5,784 | $4,197 |
| 2022 | $615,876 | $274,475 | $235,000 | 1 | $235,000 | $5,106 |
| 2021 | $891,292 | $78,940 | $78,000 | 1 | — | — |
| 2020 | $970,581 | $1,290 | — | — | — | — |
Leadership & Key People
Officers and directors from IRS filings
Riva Yares Foundation's 2024 filing lists 3 officers; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Alex Poulos
Director
On filings since 2020
No compensation reported
Edith Kunz
Director
On filings since 2020
No compensation reported
Shelli Yares Poulos
Secretary & Treasurer
On filings since 2020
No compensation reported
Former officers (3)
- Former: Shelli Yares (2021–2022) — Secretary & Treasurer
- Former: Riva Yares (2020–2021) — President
- Former: Steve Reid (2020–2021) — Director
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 Riva Yares Foundation
How much does Riva Yares Foundation give each year?
Riva Yares Foundation gave $320K across 3 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $6K across 1 grant.
What is Riva Yares Foundation's typical grant size?
Riva Yares Foundation's median grant in 2024 was $60,000, and its average grant was $106,667, across 3 grants on its 2024 IRS Form 990-PF.
Where does Riva Yares Foundation give grants?
Riva Yares Foundation gives mostly in Arizona: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Tempe, AZ (2 grants).
Does Riva Yares Foundation give general operating support?
Not in 2024: none of the 3 grants with a stated purpose on Riva Yares Foundation's 2024 IRS Form 990-PF were described as general or operating support.
What is Riva Yares Foundation's EIN?
Riva Yares Foundation's EIN (Employer Identification Number) is 86-1012695. 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
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