The Edward L Rispone Family Foundation
The Edward L Rispone Family Foundation is a private foundation based in Baton Rouge, Louisiana. Its 2024 filing says it supports the services of worthy charitable organizations; its grants that year included support for schools, churches, and other charitable organizations.
Key facts about The Edward L Rispone Family Foundation
In short: The Edward L Rispone Family Foundation gave $2.9M across 32 grants in 2024 (avg $91K), mostly in Louisiana. 25% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- EIN
- 72-1474941
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $2,919,100
- Grants made (2024)
- 32
- Average grant
- $91,222
- Median grant
- $10,000
- New grantees (estimate)
- 25% first-time grantees (8 of 32, 2024)
- Total assets
- $13,635,795
- Primary geography
- Louisiana (93% of itemized 2024 grant dollars)
- Accepts unsolicited proposals
- No
- How to apply
- The foundation does not accept unsolicited requests for funds and makes contributions only to preselected charitable organizations. Full details ↓
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$13.6M
+21.7% YoY
Annual Giving
$2.9M
-65.4% YoY
Grant Count
32
+0.0% YoY
Avg Grant Size
$91K
-65.4% YoY
Under IRS private-foundation payout rules, The Edward L Rispone Family Foundation reported a distributable amount of $578K for 2024 — the minimum it must pay out in qualifying distributions.
Is The Edward L Rispone Family Foundation open to new grantees?
25%
first-time grantees, 2024
In 2024, 8 of 32 grantees (25%) were first-time recipients. First grants averaged $25K; repeat grants $113K. How we count
Medians: $9K first-time, $10K repeat.
- 66% of 2024 grantees were also funded in 2023. Method
- Giving grew 208% from 2021 to 2024. Method
- In 2024 it paid out 505% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
The foundation states that it “supports the services of worthy charitable organizations.” Its 2024 grants included Christian schools and churches, as well as organizations with other missions. For example, Catholic Community Radio says its mission is to provide Catholic radio programs to the local community. Unstuck Ministries describes its work as supporting at-risk women and their children through programs in parenting, finances, and health and wellness. St. Lillian Academy says it provides education for students with communication and learning challenges. The Baton Rouge Regional Eye Bank describes services including ocular tissue recovery, distribution for transplant, research and education, and public education about eye and cornea donation.
Grantmaking
In 2024, the foundation made 32 grants totaling $2,919,100. Grant amounts ranged from $100 to $2,124,100, with a median of $10,000.
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Geographic Focus
Where this funder awards grants
In 2024, 93% of grant dollars went to recipients in Louisiana, 4% to Ohio, and 3% to Florida. The filing also lists a 0% share for Colorado.
Grant Distribution by State
Share of all 32 itemized 2024 grant dollars.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $893K (2022) to $8.4M (2023). In 2024 it made 32 grants totaling $2.9M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was St Michael High School ($2.1M). Together the top 10 received $2.8M.
Grant Size Distribution
183 grants across all recorded years
The most common grant size was under $50K: 156 grants of 183 (85%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| St Michael High School Baton Rouge, LA | To provide funds to support a christian high school | $2,124,100 |
| Redemptorist St Gerard Elementary Baton Rouge, LA | To provide funds to support a christian elementary school | $220,000 |
| Mercedarian Sisters of the Blessed Sacrament Cleveland, OH | To Provide Funds to Support a Christian Church | $121,400 |
| Cross Catholic Outreach Boca Raton, FL | To provide funds to support the operations of a christian church | $81,000 |
| St George Church Baton Rouge, LA | To provide funds to support the operations of a christian church | $52,000 |
| Christ the King Catholic Church Baton Rouge, LA | To provide funds to support the operations of a christian church | $50,000 |
| Sacred Heart Catholic School Baton Rouge, LA | To provide funds to support a christian elementary school | $30,000 |
| Catholic Community Radio Baton Rouge, LA | To provide funds to expand the outreach of a christian radio station | $27,500 |
| National Right to Life Educational Fund New Orleans, LA | To provide funds to support the national right to life educational fund | $25,000 |
| The Parable Foundation Baton Rouge, LA | To Provide Funds to Support a Christian School | $25,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants | Grant count |
|---|---|---|---|---|---|
| 2024 | $13,635,795 | $5,191,158 | $2,954,703 | $2,919,100 | 32 |
| 2023 | $11,206,690 | $1,724,706 | $8,484,586 | $8,426,504 | 32 |
| 2022 | $17,376,476 | $2,815,870 | $954,445 | $893,299 | 36 |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $13,635,795 | $11,206,690 | $17,376,476 |
| Revenue | $5,191,158 | $1,724,706 | $2,815,870 |
| Expenses | $2,954,703 | $8,484,586 | $954,445 |
| Qualifying Distributions | $2,919,100 | $8,426,504 | $893,299 |
| Net Investment Income | $2,653,855 | $1,618,578 | $480,567 |
| Distributable Amount | $578,487 | $679,075 | $875,055 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Edward L Rispone as president; Lauren Rispone Read as secretary; and Thad E Rispone as treasurer. Directors listed are Dena R Balart, Linda L Rispone, Benjamin S Lemoine, Seth A Lemoine, Skye Lemoine Bray, and Kevin J Rispone.
The Edward L Rispone Family Foundation is led by Edward L. Rispone, President on every filing since 2020; none of the 9 officers listed in 2024 report compensation.
Officers on the 2024 filing
Edward L. Rispone
President
On filings since 2020
0.5 hrs/week
No compensation reported
Benjamin S. Lemoine
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Dena R. Balart
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Kevin J. Rispone
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Linda L. Rispone
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Seth A. Lemoine
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Skye Lemoine Bray
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Lauren Rispone Read
Secretary
On filings since 2020
0.5 hrs/week
No compensation reported
Thad E. Rispone
Treasurer
On filings since 2020
0.5 hrs/week
No compensation reported
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.
Contact
Mailing address: 18250 South Mission Hills Ave, Baton Rouge, LA 70810
Phone: (225) 756-8001
Frequently asked questions about The Edward L Rispone Family Foundation
How much does The Edward L Rispone Family Foundation give each year?
The Edward L Rispone Family Foundation gave $2.9M across 32 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $8.4M across 32 grants.
What is The Edward L Rispone Family Foundation's typical grant size?
The Edward L Rispone Family Foundation's median grant in 2024 was $10,000, and its average grant was $91,222, across 32 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from The Edward L Rispone Family Foundation that year got $25K on average.
Where does The Edward L Rispone Family Foundation give grants?
The Edward L Rispone Family Foundation gives mostly in Louisiana: 93% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Baton Rouge, LA (22 grants), New Orleans, LA (3 grants) and Mandeville, LA (2 grants).
Does The Edward L Rispone Family Foundation give general operating support?
Not in 2024: none of the 32 grants with a stated purpose on The Edward L Rispone Family Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "To Provide Funds to Support a Christian School" (5 grants) and "To Provide Funds to Support a Christian Elementary School" (3 grants).
Who are The Edward L Rispone Family Foundation's largest grantees?
The Edward L Rispone Family Foundation's largest 2024 grantees include St Michael High School ($2,124,100), Redemptorist St Gerard Elementary ($220,000) and Mercedarian Sisters of the Blessed Sacrament ($121,400), according to its 2024 IRS Form 990-PF. Together they received 84% of its itemized 2024 grant dollars.
How large is The Edward L Rispone Family Foundation?
The Edward L Rispone Family Foundation reported $13.6M in total assets on its 2024 IRS Form 990-PF. It paid out $2.9M in qualifying distributions that year, against a required minimum of $578K (roughly 5% of its investment assets).
What does The Edward L Rispone Family Foundation fund?
The foundation states that it “supports the services of worthy charitable organizations.” Its 2024 grants included Christian schools and churches, as well as organizations with other missions. See mission & focus areas ↑
How do I apply for a grant from The Edward L Rispone Family Foundation?
The foundation does not accept unsolicited requests for funds and makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Edward L Rispone Family Foundation's EIN?
The Edward L Rispone Family Foundation's EIN (Employer Identification Number) is 72-1474941. IRS Form 990 filing data is available on this page for 2020–2024.
Does The Edward L Rispone Family Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
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