The Devitt-Risse Family Foundation
The Devitt-Risse Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Nokomis, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 33 grants totaling $48K. Net investment income was $34K.
Key facts about The Devitt-Risse Family Foundation
- EIN
- 85-4143289
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $47,874
- Grants made (2024)
- 33
- Average grant
- $1,451
- Median grant
- $500
- Total assets
- $1,088,842
- Primary geography
- Pennsylvania (46% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Who The Devitt-Risse Family Foundation funds
By grant dollars, the top recipient states for The Devitt-Risse Family Foundation's 33 itemized 2024 grants were Pennsylvania (46%), Florida (21%) and New Jersey (16%). The most frequent recipient cities were Sarasota, FL (3 grants), New York, NY (3 grants), Washington, DC (3 grants) and Flemington, NJ (2 grants). None of its 33 grants with a stated purpose were described as general or operating support. Recurring purposes include "Charitable Purpose" (33 grants).
How The Devitt-Risse Family Foundation gives
- 61% of 2024 grantees were also funded in 2023. Method
- Giving grew 240% from 2021 to 2024. Method
- In 2024 it paid out 95% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized IRS Form 990-PF grant lists (2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with The Devitt-Risse Family Foundation
- How to evaluate The Devitt-Risse Family Foundation as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
- Draft an LOI to The Devitt-Risse Family Foundation with AI
AI grant writing that drafts from your organization’s own materials, in your voice.
- Track this opportunity in a free grant tracker
A free Google Sheets or Excel template for deadlines, award terms, and reports due.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.1M
+34.1% YoY
Annual Giving
$48K
+22.0% YoY
Grant Count
33
+22.2% YoY
Avg Grant Size
$1K
-0.2% YoY
Under IRS private-foundation payout rules, The Devitt-Risse Family Foundation reported a distributable amount of $50K for 2024 — the minimum it must pay out in qualifying distributions.
About The Devitt-Risse Family Foundation
Based on IRS filings
The Devitt-Risse Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Nokomis, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 33 grants totaling $48K. Net investment income was $34K.
Focus Areas
Ready to take the next step with The Devitt-Risse Family Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 33 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,088,842 | $812,224 | $570,938 |
| Revenue | $328,264 | $284,800 | $300,676 |
| Expenses | $51,646 | $43,355 | $9,375 |
| Qualifying Distributions | $47,874 | $40,131 | $7,278 |
| Net Investment Income | $34,187 | $16,675 | $4,460 |
| Distributable Amount | $50,480 | $35,357 | $14,283 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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
80 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Bringing Hope Home ($22,057), All Faiths Food Bank ($3,850), Hunterdon Health Foundation ($3,040).
| Recipient | Purpose | Amount |
|---|---|---|
| BRINGING HOPE HOME Malvern, PA | CHARITABLE PURPOSE | $22,057 |
| ALL FAITHS FOOD BANK Sarasota, FL | CHARITABLE PURPOSE | $3,850 |
| HUNTERDON HEALTH FOUNDATION Flemington, NJ | CHARITABLE PURPOSE | $3,040 |
| MOTE MARINE Sarasota, FL | CHARITABLE PURPOSE | $2,736 |
| RU FOUNDATION New Brunswick, NJ | CHARITABLE PURPOSE | $2,000 |
| VENICE AREA MOBILE MEALS Venice, FL | CHARITABLE PURPOSE | $1,300 |
| FOCUS Denver, CO | CHARITABLE PURPOSE | $1,215 |
| NATIONAL GEOGRAPHIC Washington, DC | CHARITABLE PURPOSE | $1,105 |
| TIDEWELL FOUNDATION Sarasota, FL | CHARITABLE PURPOSE | $1,100 |
| VENICE THEATRE Venice, FL | CHARITABLE PURPOSE | $1,100 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Stephen Risse | Trustee | 5 | — |
| Patricia Risse | Trustee | 5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Devitt-Risse Family Foundation?
The Devitt-Risse Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Nokomis, FL. It holds $1.1M in total assets as of 2024.
How large is The Devitt-Risse Family Foundation?
As of 2024, The Devitt-Risse Family Foundation holds $1.1M in total assets with $328K in annual revenue. It awarded 33 grants totaling $48K in 2024.
Where does The Devitt-Risse Family Foundation operate?
The Devitt-Risse Family Foundation has awarded grants in Colorado, District of Columbia, Florida, Georgia, Iowa, Massachusetts, Maryland, Minnesota, New Jersey, New York, Oklahoma, Pennsylvania, Texas, Virginia.
What size grants does The Devitt-Risse Family Foundation award?
In 2024, The Devitt-Risse Family Foundation awarded 33 grants totaling $48K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is The Devitt-Risse Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Devitt-Risse Family Foundation reported a distributable amount of $50K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Devitt-Risse Family Foundation's EIN?
The Devitt-Risse Family Foundation's EIN (Employer Identification Number) is 85-4143289. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Devitt-Risse Family Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Bristol-Myers Squibb Foundation Inc
Princeton, NJ
Assets
$83.3M
Grants
144
Total Given
$67.7M
The Cigna Group Foundation
Philadelphia, PA
Assets
$127.2M
Grants
4,075
Total Given
$14.1M
The Winston-Salem Foundation
Winstonsalem, NC
Assets
$630.1M
Grants
823
Total Given
$88.8M
Amica Companies Foundation
Lincoln, RI
Assets
$43.8M
Grants
1,288
Total Given
$4.2M
Publix Super Markets Charities Inc
Lakeland, FL
Assets
$233.8M
Grants
3,269
Total Given
$52.5M
The Community Foundation for
Jacksonville, FL
Assets
$708.7M
Grants
2,470
Total Given
$78.0M
The Miami Foundation Inc
Miami, FL
Assets
$525.0M
Grants
879
Total Given
$57.2M
Early Learning Coalition of Broward
Fort Lauderdale, FL
Assets
$15.9M
Grants
636
Total Given
$152.2M
Leslie L Alexander Foundation Inc
Delray Beach, FL
Assets
$291.4M
Grants
622
Total Given
$28.4M
Community Foundation of Tampa Bay Inc
Tampa, FL
Assets
$879.2M
Grants
566
Total Given
$30.7M
The Pfizer Foundation Inc
New York, NY
Assets
$255.3M
Grants
9,306
Total Given
$23.2M
Verizon Foundation
Basking Ridge, NJ
Assets
$23.8M
Grants
5,464
Total Given
$7.0M
More Funders in Florida
Data last updated September 2026. Sourced from IRS Form 990-PF filings.