Rizad Foundation
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.
Rizad Foundation at a glance
In short: Rizad Foundation gave $103K across 6 grants in 2024 (avg $17K), mostly in Washington. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $103,295
- -26.2% vs 2023
- Grants made (2024)
- 6
- -25.0% vs 2023
- Average grant
- $17,216
- -1.6% vs 2023
- Median grant
- $15,987
- Total assets
- $1,387,702
- -3.2% vs 2023
- Primary geography
- Washington (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 Rizad Foundation funds
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
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
The most common grant size was under $50K: 25 grants of 25 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 6 itemized grants.
States
Cities
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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $18K (2022) to $140K (2023). In 2024 it made 6 grants totaling $103K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Cowlitz Co Search & Rescue Kelson, WA | Protective Gear & Equipment | $33,636 |
| Auxiliary Communication Service Kelson, WA | Fund for Communication Equipment | $25,585 |
| Cowlitz Co Sar Council Kelso, WA | Volunteer Support & Expense Reimb. | $19,974 |
| Cowlitz Co Sheriff's Reserves Kelso, WA | Fund Training & Equipment | $12,000 |
| Cowlitz Co Fire District 1 Woodland, WA | Emergency Response Vehicle Equip. | $10,900 |
| Cowlitz Co Chaplaincy Longview, WA | Support for Rescue Teams | $1,200 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $1,387,702 | $68,483 | $119,983 | $103,295 | 6 | $103,295 | $41,604 | $70,839 |
| 2023 | $1,433,604 | $45,538 | $174,072 | $140,000 | 8 | $140,000 | $24,838 | $76,078 |
| 2022 | $1,562,327 | $23,914 | $33,769 | $17,683 | 1 | $17,683 | $19,553 | $72,406 |
| 2021 | $1,544,404 | $80,250 | $85,906 | $70,000 | 5 | $70,000 | $60,162 | $81,936 |
| 2020 | $1,561,155 | $62,982 | $34,383 | $22,000 | 5 | — | $36,375 | $76,196 |
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.
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.
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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