Sigurd & Jarmila Rislov Foundation

ANN ARBOR, MI EIN: 93-1247286

Sigurd & Jarmila Rislov Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ANN ARBOR, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $974K in total assets. In 2024, it awarded 1 grants totaling $50K. Net investment income was $121K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$974K

+6.1% YoY

Annual Giving

$50K

+66.7% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$50K

+66.7% YoY

Under IRS private-foundation payout rules, Sigurd & Jarmila Rislov Foundation reported a distributable amount of $55K for 2024 — the minimum it must pay out in qualifying distributions.

About Sigurd & Jarmila Rislov Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Michigan $170K (97%)

Colorado $2K (1%)

Illinois $2K (1%)

North Dakota $2K (1%)

States

Colorado Illinois Michigan North Dakota

Cities

Ann ArborAspenBismarckChicago

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$973,545	$917,456	$898,487
Revenue	$121,662	$70,377	$355,138
Expenses	$51,234	$39,255	$59,975
Qualifying Distributions	$50,000	$30,000	$56,000
Net Investment Income	$121,488	$70,200	$354,877
Distributable Amount	$55,125	$48,915	$48,832

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

8 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include School of Music Theater and Dance of the Univeristy of Michigan ($50,000).

Recipient	Purpose	Amount
SCHOOL OF MUSIC THEATER AND DANCE OF THE UNIVERISTY OF MICHIGAN ANN ARBOR, MI	MUSIC EDUCATION	$50,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
ZACHARY SAVAS	PRESIDENT	2	—
PAUL TUCCI	VICE PRESIDENT	2	—
SUE ANN SAVAS	TREASURER	2	—
SUE ANN SAVAS	SECRETARY	2	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Sigurd & Jarmila Rislov Foundation?

Sigurd & Jarmila Rislov Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ANN ARBOR, MI. It holds $974K in total assets as of 2024.

How large is Sigurd & Jarmila Rislov Foundation?

As of 2024, Sigurd & Jarmila Rislov Foundation holds $974K in total assets with $122K in annual revenue. It awarded 1 grants totaling $50K in 2024.

Where does Sigurd & Jarmila Rislov Foundation operate?

Sigurd & Jarmila Rislov Foundation has awarded grants in Colorado, Illinois, Michigan, North Dakota.

What size grants does Sigurd & Jarmila Rislov Foundation award?

In 2024, Sigurd & Jarmila Rislov Foundation awarded 1 grants totaling $50K — an average of about $50K per grant, based on its IRS Form 990 filings.

How much is Sigurd & Jarmila Rislov Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Sigurd & Jarmila Rislov Foundation reported a distributable amount of $55K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Sigurd & Jarmila Rislov Foundation's EIN?

Sigurd & Jarmila Rislov Foundation's EIN (Employer Identification Number) is 93-1247286. IRS Form 990 filing data is available on this page for 2020–2024.