The Frank L and Mildred R Ring Fdn
The Frank L and Mildred R Ring Fdn is a private foundation, based in Saint Louis, MO. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $1.6M in total assets. In 2025, it awarded 9 grants totaling $114K. Net investment income was $95K.
The Frank L and Mildred R Ring Fdn at a glance
In short: The Frank L and Mildred R Ring Fdn gave $114K across 9 grants in 2025 (avg $13K), mostly in North Carolina. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $113,600
- +14.7% vs 2024
- Grants made (2025)
- 9
- +0.0% vs 2024
- Average grant
- $12,622
- +14.7% vs 2024
- Median grant
- $11,000
- Total assets
- $1,614,240
- -1.4% vs 2024
- Primary geography
- North Carolina (92% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who The Frank L and Mildred R Ring Fdn funds
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2025
The largest 2025 recipient was The Beloved Community UMC ($33K). Together the top 9 received $114K.
Grant Size Distribution
45 grants across all recorded years
The most common grant size was under $50K: 45 grants of 45 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 9 itemized grants.
States
Cities
How The Frank L and Mildred R Ring Fdn gives
- Giving held roughly steady from 2022 to 2025 (+14%). Method
- In 2025 it paid out 115% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $85K (2020) to $114K (2025). In 2025 it made 9 grants totaling $114K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Beloved Community UMC High Point, NC | General Operating | $33,000 |
| American Mechanics Children's Home Inc Lexington, NC | General Operating | $16,500 |
| Boys and Girls Home of North Carolina IN Lake Waccamaw, NC | General Operating | $16,500 |
| United Way of Greater High Point Inc High Point, NC | General Operating | $11,000 |
| Hospice of the Piedmont Inc High Point, NC | General Operating | $11,000 |
| The Salvation Army Brookhaven, GA | General Operating | $9,100 |
| Crossnore Communities for Children Crossnore, NC | General Support | $5,500 |
| Arbor Acres United Methodist Retirement Winston-Salem, NC | General Operating | $5,500 |
| Open Door Ministries of High Point Inc High Point, NC | General Operating | $5,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,614,240 | $121,306 | $145,997 | $113,600 | 9 | $117,849 | $94,557 | $102,251 |
| 2024 | $1,636,729 | $91,278 | $127,405 | $99,000 | 9 | $102,933 | $65,623 | $121,297 |
| 2023 | $1,644,237 | $52,396 | $116,329 | $90,000 | 9 | $93,531 | $29,758 | $87,753 |
| 2022 | $1,709,923 | $55,382 | $131,755 | $100,000 | 9 | $103,627 | $38,938 | $93,408 |
| 2021 | $1,787,006 | $197,450 | $115,259 | $85,000 | 9 | $88,846 | $171,094 | $103,729 |
| 2020 | $1,704,519 | $67,090 | $111,989 | $85,000 | 9 | — | $44,021 | $90,633 |
| 2019 | $1,749,218 | $122,947 | $116,519 | $88,000 | 9 | — | $99,612 | $89,487 |
Under IRS private-foundation payout rules, The Frank L and Mildred R Ring Fdn reported a distributable amount of $102K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Frank L and Mildred R Ring Fdn's only listed officer is Wells Fargo Bank N A, Trustee on every filing since 2019 (compensated).
Officers on the 2025 filing
Wells Fargo Bank N A
Trustee
On filings since 2019
1 hr/week
$25K (2019) → $29K (2025)
Data from IRS Form 990 filings, 2019–2025. "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
The highest reported compensation on the 2025 filing was $29K, to Wells Fargo Bank N a (Trustee).
Frequently asked questions about The Frank L and Mildred R Ring Fdn
How much does The Frank L and Mildred R Ring Fdn give each year?
The Frank L and Mildred R Ring Fdn gave $114K across 9 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $99K across 9 grants.
What is The Frank L and Mildred R Ring Fdn's typical grant size?
The Frank L and Mildred R Ring Fdn's median grant in 2025 was $11,000, and its average grant was $12,622, across 9 grants on its 2025 IRS Form 990-PF.
Where does The Frank L and Mildred R Ring Fdn give grants?
The Frank L and Mildred R Ring Fdn gives mostly in North Carolina: 92% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Georgia (8%). The most frequent recipient cities were High Point, NC (4 grants).
Does The Frank L and Mildred R Ring Fdn give general operating support?
Yes: 100% of The Frank L and Mildred R Ring Fdn's 2025 grants with a stated purpose (9 of 9) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are The Frank L and Mildred R Ring Fdn's largest grantees?
The Frank L and Mildred R Ring Fdn's largest 2025 grantees include The Beloved Community UMC ($33,000), American Mechanics Children's Home Inc ($16,500) and Boys and Girls Home of North Carolina IN ($16,500), according to its 2025 IRS Form 990-PF. Together they received 58% of its itemized 2025 grant dollars.
How large is The Frank L and Mildred R Ring Fdn?
The Frank L and Mildred R Ring Fdn reported $1.6M in total assets on its 2025 IRS Form 990-PF. It paid out $118K in qualifying distributions that year, against a required minimum of $102K (roughly 5% of its investment assets).
What is The Frank L and Mildred R Ring Fdn's EIN?
The Frank L and Mildred R Ring Fdn's EIN (Employer Identification Number) is 25-6887730. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 6, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS May 4, 2026)
- Added Form 990-PF for fiscal year 2019 (received by the IRS May 3, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 5, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 11, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 9, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS April 19, 2024)
Live grants for the work The Frank L and Mildred R Ring Fdn funds
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