Rizad Foundation

Private foundation · Grantmaker Kelso, WA EIN: 91-1368660
Community and economic development

Rizad Foundation is a private foundation focused on Community and economic development, based in Kelso, WA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 6 grants totaling $103K. Net investment income was $42K.

Key facts about Rizad Foundation

In short: Rizad Foundation gave $103K across 6 grants in 2024 (avg $17K), mostly in Washington. Source: 2024 IRS Form 990-PF.

EIN
91-1368660
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$103,295
Grants made (2024)
6
Average grant
$17,216
Median grant
$15,987
Total assets
$1,387,702
Primary geography
Washington (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.4M

-3.2% YoY

Annual Giving

$103K

-26.2% YoY

Grant Count

6

-25.0% YoY

Avg Grant Size

$17K

-1.6% YoY

Under IRS private-foundation payout rules, Rizad Foundation reported a distributable amount of $71K for 2024 — the minimum it must pay out in qualifying distributions.

How Rizad Foundation gives

  • Giving grew 48% from 2021 to 2024. Method
  • In 2024 it paid out 146% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 6 itemized 2024 grant dollars.

States

Cities

KelsoLongviewKelsonRidgefieldWoodland

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K5 grants20205 grants20211 grants20228 grants20236 grants2024

From 2020 to 2024, annual grant giving ranged from $18K (2022) to $140K (2023). In 2024 it made 6 grants totaling $103K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

Cowlitz Co Search & Rescue: $34KCowlitz Co Search & Rescue$34KAuxiliary Communication Service: $26KAuxiliary CommunicationService$26KCowlitz Co Sar Council: $20KCowlitz Co Sar Council$20KCowlitz Co Sheriff's Reserves: $12KCowlitz Co Sheriff's Reserves$12KCowlitz Co Fire District 1: $11KCowlitz Co Fire District 1$11KCowlitz Co Chaplaincy: $1KCowlitz Co Chaplaincy$1K

The largest 2024 recipient was Cowlitz Co Search & Rescue ($34K). Together the top 6 received $103K.

Grant Size Distribution

25 grants across all recorded years

25<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 25 grants of 25 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Cowlitz Co Search & Rescue Kelson, WAProtective Gear & Equipment$33,636
Auxiliary Communication Service Kelson, WAFund for Communication Equipment$25,585
Cowlitz Co Sar Council Kelso, WAVolunteer Support & Expense Reimb.$19,974
Cowlitz Co Sheriff's Reserves Kelso, WAFund Training & Equipment$12,000
Cowlitz Co Fire District 1 Woodland, WAEmergency Response Vehicle Equip.$10,900
Cowlitz Co Chaplaincy Longview, WASupport for Rescue Teams$1,200

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K$200K20202021202220232024
Metric202420232022
Total Assets$1,387,702$1,433,604$1,562,327
Revenue$68,483$45,538$23,914
Expenses$119,983$174,072$33,769
Qualifying Distributions$103,295$140,000$17,683
Net Investment Income$41,604$24,838$19,553
Distributable Amount$70,839$76,078$72,406

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Rizad Foundation is led by Art Jordan, President on every filing since 2020; none of the 8 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Art Jordan

    President

    On filings since 2020

    No compensation reported

  • Mark D. Higgins

    Director

    On filings since 2020

    No compensation reported

  • Mike Nichols

    Director

    On filings since 2020

    No compensation reported

  • Nick Lemiere

    Director

    On filings since 2020

    No compensation reported

  • Colleen Greeley

    Director

    On filings since 2022

    No compensation reported

  • Peggy Sparks

    Director

    On filings since 2022

    No compensation reported

  • Lori Hendrickson

    Secretary

    On filings since 2020

    No compensation reported

  • Mark S. Nelson

    Vice President & Treasurer

    On filings since 2020

    No compensation reported

Former officers (2)
  • Former: Bradley W Thurman (2020–2022) — Director
  • Former: Don Cedergren (2020) — 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 Rizad Foundation

How much does Rizad Foundation give each year?

Rizad Foundation gave $103K across 6 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $140K across 8 grants.

What is Rizad Foundation's typical grant size?

Rizad Foundation's median grant in 2024 was $15,987, and its average grant was $17,216, across 6 grants on its 2024 IRS Form 990-PF.

Where does Rizad Foundation give grants?

Rizad Foundation gives mostly in Washington: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Kelson, WA (2 grants) and Kelso, WA (2 grants).

Does Rizad Foundation give general operating support?

Not in 2024: none of the 6 grants with a stated purpose on Rizad Foundation's 2024 IRS Form 990-PF were described as general or operating support.

Who are Rizad Foundation's largest grantees?

Rizad Foundation's largest 2024 grantees include Cowlitz Co Search & Rescue ($33,636), Auxiliary Communication Service ($25,585) and Cowlitz Co Sar Council ($19,974), according to its 2024 IRS Form 990-PF. Together they received 77% of its itemized 2024 grant dollars.

How large is Rizad Foundation?

Rizad Foundation reported $1.4M in total assets on its 2024 IRS Form 990-PF. It paid out $103K in qualifying distributions that year, against a required minimum of $71K (roughly 5% of its investment assets).

What is Rizad Foundation?

Rizad Foundation is a private foundation focused on Community and economic development, based in Kelso, WA. It holds $1.4M in total assets as of 2024.

What is Rizad Foundation's EIN?

Rizad Foundation's EIN (Employer Identification Number) is 91-1368660. 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.

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