Ruffo Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RACINE, WI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.1M in total assets. In 2024, it awarded 31 grants totaling $282K. Net investment income was $389K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.1M
+3.1% YoY
Annual Giving
$282K
+40.8% YoY
Grant Count
31
+3.3% YoY
Avg Grant Size
$9K
+36.2% YoY
Under IRS private-foundation payout rules, Ruffo Family Foundation Inc reported a distributable amount of $302K for 2024 — the minimum it must pay out in qualifying distributions.
About Ruffo Family Foundation Inc
Based on IRS filings
Ruffo Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RACINE, WI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.1M in total assets. In 2024, it awarded 31 grants totaling $282K. Net investment income was $389K.
Focus Areas
Ready to take the next step with Ruffo Family Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,118,867 | $3,026,193 | $2,903,249 |
| Revenue | $389,908 | $336,091 | $284,172 |
| Expenses | $297,234 | $213,147 | $155,452 |
| Qualifying Distributions | $286,375 | $204,373 | $148,072 |
| Net Investment Income | $388,572 | $340,171 | $276,863 |
| Distributable Amount | $301,717 | $247,107 | $217,862 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
140 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Racine Zoological Society ($68,000), The Prairie School ($40,300), Mount Holyoke College ($22,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BOYS & GIRLS CLUB OF KENOSHA KENOSHA, WI | GENERAL OPERATING SUPPORT | $3,000 |
| CAMFED USA FOUNDATION SAN FRANCISCO, CA | GENERAL OPERATING SUPPORT | $4,500 |
| CHARLES ALLIS & VILLA TERRACE ART MUSEUM (CAVT) MILWAUKEE, WI | GENERAL OPERATING SUPPORT | $1,000 |
| CHILDREN'S WISCONSIN FOUNDATION MILWAUKEE, WI | GENERAL OPERATING SUPPORT | $3,000 |
| CORNELL UNIVERSITY ITHACA, NY | SUPPORT THE CORNELL JOHNSON GRADUATE SCHOOL OF MANAGEMENT ANNUAL FUND | $20,000 |
| DEMENTIA SOCIETY OF AMERICA DOYLESTOWN, PA | GENERAL OPERATING SUPPORT | $200 |
| DOCTORS WITHOUT BORDERS NEW YORK, NY | GENERAL OPERATING SUPPORT | $4,500 |
| HEALTH CARE NETWORK INC RACINE, WI | GENERAL OPERATING SUPPORT | $3,000 |
| HER JUSTICE INC NEW YORK, NY | GENERAL OPERATING SUPPORT | $4,500 |
| HOMELESS ASSISTANCE LEADERSHIP ORGANIZATION INC RACINE, WI | GENERAL OPERATING SUPPORT | $1,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RICHARD RUFFO | PRESIDENT/TREASURER | 4 | — |
| DIANE RUFFO | VICE PRESIDENT/SECRETARY | 2 | — |
| ELENA RUFFO | BOARD MEMBER | 1 | — |
| NICHOLAS RUFFO | BOARD MEMBER | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Ruffo Family Foundation Inc?
Ruffo Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RACINE, WI. It holds $3.1M in total assets as of 2024.
How large is Ruffo Family Foundation Inc?
As of 2024, Ruffo Family Foundation Inc holds $3.1M in total assets with $390K in annual revenue. It awarded 31 grants totaling $282K in 2024.
Where does Ruffo Family Foundation Inc operate?
Ruffo Family Foundation Inc has awarded grants in California, Florida, Kansas, Massachusetts, North Carolina, New York, Pennsylvania, Texas, Virginia, Wisconsin.
What size grants does Ruffo Family Foundation Inc award?
In 2024, Ruffo Family Foundation Inc awarded 31 grants totaling $282K — an average of about $9K per grant, based on its IRS Form 990 filings.
How much is Ruffo Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Ruffo Family Foundation Inc reported a distributable amount of $302K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Ruffo Family Foundation Inc's EIN?
Ruffo Family Foundation Inc's EIN (Employer Identification Number) is 82-5171174. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Ruffo Family Foundation Inc's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Otto Weisse Tr-sheb Falls
MILWAUKEE, WI
Assets
—
Grants
1
Total Given
$9K
Hematologyoncology Pharmacy Association
MILWAUKEE, WI
Assets
$10.0M
Grants
3
Total Given
$108K
Grafton Medical Foundation
GRAFTON, WI
Assets
$86K
Grants
6
Total Given
$9K
The Argosy Foundation
MILWAUKEE, WI
Assets
$74.0M
Grants
280
Total Given
$16.9M
Farview Foundation
MILWAUKEE, WI
Assets
$2.1M
Grants
32
Total Given
$218K
Isaiah Goodall Trust Nect
MILWAUKEE, WI
Assets
$141K
Grants
1
Total Given
$7K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Ruffo Family Foundation Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Ruffo Family Foundation Inc to a real strategy.