The Augustas and Elsie Rigas Family Foundation

Private foundation · Grantmaker North Lima, OH EIN: 33-2685140

The Augustas and Elsie Rigas Family Foundation is a private foundation, based in North Lima, OH. IRS filing data is available for 2025. As of 2025, the organization holds $3.3M in total assets. In 2025, it awarded 2 grants totaling $2.5M. Net investment income was $814K.

Key facts about The Augustas and Elsie Rigas Family Foundation

In short: The Augustas and Elsie Rigas Family Foundation gave $2.5M across 2 grants in 2025 (avg $1.3M), mostly in Ohio. Source: 2025 IRS Form 990-PF.

EIN
33-2685140
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$2,500,000
Grants made (2025)
2
Average grant
$1,250,000
Median grant
$1,250,000
Total assets
$3,280,044
Primary geography
Ohio (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated October 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$3.3M

Annual Giving

$2.5M

Grant Count

2

Avg Grant Size

$1.3M

Under IRS private-foundation payout rules, The Augustas and Elsie Rigas Family Foundation reported a distributable amount of $174K for 2025 — the minimum it must pay out in qualifying distributions.

How The Augustas and Elsie Rigas Family Foundation gives

  • In 2025 it paid out well above 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 2025 grant dollars across all 2 itemized grants.

States

Cities

Youngstown

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M2 grants2025

In 2025 it made 2 grants totaling $2.5M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

The Penguin Club: $2.0MThe Penguin Club$2.0MYSU Foundation: $500KYSU Foundation$500K

The largest 2025 recipient was The Penguin Club ($2.0M). Together the top 2 received $2.5M.

Grant Size Distribution

2 grants across all recorded years

<$50K$50–100K$100–250K$250–500K1$500K–1M1$1–5M$5M+

The most common grant size was in the $500K–1M range: 1 grant of 2 (50%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
The Penguin Club Youngstown, OHGeneral Charitable Purposes$2,000,000
YSU Foundation Youngstown, OHGeneral Charitable Purposes$500,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M$8M2025
Metric2025
Total Assets$3,280,044
Revenue$5,813,468
Expenses$2,533,424
Qualifying Distributions$2,505,000
Net Investment Income$814,102
Distributable Amount$174,221

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2025 (received by the IRS March 26, 2026)
  2. IRS filings on file for fiscal year 2025

Leadership & Key People

Officers and directors from IRS filings

The Augustas and Elsie Rigas Family Foundation's 2025 filing lists 2 officers; 1 of 2 officers listed in 2025 is compensated.

Officers on the 2025 filing

  • Thomas Lodge

    Trustee

    New on the 2025 filing

    1 hr/week

    $10K (2025)

  • David Deibel

    Trustee

    New on the 2025 filing

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Thomas Lodge — Trustee: $10KThomas LodgeTrustee$10K

The highest reported compensation on the 2025 filing was $10K, to Thomas Lodge (Trustee).

Frequently asked questions about The Augustas and Elsie Rigas Family Foundation

How much does The Augustas and Elsie Rigas Family Foundation give each year?

The Augustas and Elsie Rigas Family Foundation gave $2.5M across 2 grants in 2025, according to its 2025 IRS Form 990-PF.

How large is The Augustas and Elsie Rigas Family Foundation?

The Augustas and Elsie Rigas Family Foundation reported $3.3M in total assets on its 2025 IRS Form 990-PF. It paid out $2.5M in qualifying distributions that year, against a required minimum of $174K (roughly 5% of its investment assets).

Where does The Augustas and Elsie Rigas Family Foundation operate?

The Augustas and Elsie Rigas Family Foundation has awarded grants in Ohio.

What is The Augustas and Elsie Rigas Family Foundation's EIN?

The Augustas and Elsie Rigas Family Foundation's EIN (Employer Identification Number) is 33-2685140. IRS Form 990 filing data is available on this page for 2025.

Data last updated October 2026. Sourced from IRS Form 990-PF filings.

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