The Edward L Rispone Family Foundation
The Edward L Rispone Family Foundation is a private family foundation established in 2000 and based in Baton Rouge, Louisiana. The foundation was created by Edward L. Rispone, a Louisiana businessman and founder of ISC Constructors, and his late wife Phyllis. It operates as a private independent foundation making grants to preselected charitable organizations, with no public application process or website for unsolicited requests.
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
Mission & Focus Areas
The foundation supports worthy charitable organizations with a structured giving approach:
- Roman Catholic Ministries (approximately 80% of giving) — including Catholic educational institutions and religious education
- Education — supporting educational initiatives
- Social Services — funding human services and family services programs
The foundation's charitable activities are described as supporting "the services of worthy charitable organizations."
Grantmaking
The foundation does not accept unsolicited requests for funds. Grantmaking is by invitation only, with the foundation making grants to preselected charitable organizations.
Grant Range
approximately $263,000
Average Grant
approximately $263,000
How to Apply
**
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Geographic Focus
Where this funder awards grants
Primary focus on Louisiana, with emphasis on the Baton Rouge area. The foundation also funds organizations in Ohio and Florida.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Giving (Most Recent Data):
- Total assets: $13.6–$14 million
- Total giving: $2.9 million
- Total contributions: $2.5 million
- Annual giving (2023): $8.4 million
- Total expenses (2023): $8.48 million
- Total revenue (2023): $1.72 million
Tax Status:
- Designated as a 501(c)(3) organization
- Tax-exempt since July 2000
- EIN: 72-1474941
| 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 |
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
183 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is managed personally by Edward L. Rispone and his current wife Linda, with no paid staff. Board members include:
- Edward L Rispone — President
- Lauren Rispone Read — Secretary
- Thad E Rispone — Treasurer
- Dena R Balart — Director
- Linda L Rispone — Director
- Benjamin S Lemoine — Director
- Seth A Lemoine — Director
- Skye Lemoine Bray — Director
- Kevin J Rispone — Director
All board members serve 0.5 hours per week with no compensation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| EDWARD L RISPONE | PRESIDENT | 0.5 | — |
| LAUREN RISPONE READ | SECRETARY | 0.5 | — |
| THAD E RISPONE | TREASURER | 0.5 | — |
| DENA R BALART | DIRECTOR | 0.5 | — |
| LINDA L RISPONE | DIRECTOR | 0.5 | — |
| BENJAMIN S LEMOINE | DIRECTOR | 0.5 | — |
| SETH A LEMOINE | DIRECTOR | 0.5 | — |
| SKYE LEMOINE BRAY | DIRECTOR | 0.5 | — |
| KEVIN J RISPONE | DIRECTOR | 0.5 | — |
Contact Information
Address: 18250 S Mission Hills Ave, Baton Rouge, LA 70810-7974
Telephone: 225-756-8001
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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