The Louis A Ritter Foundation
The Louis A Ritter Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.2M in total assets. In 2024, it awarded 3 grants totaling $180K. Net investment income was $234K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.2M
+1.9% YoY
Annual Giving
$180K
+80.0% YoY
Grant Count
3
+200.0% YoY
Avg Grant Size
$60K
-40.0% YoY
Under IRS private-foundation payout rules, The Louis A Ritter Foundation reported a distributable amount of $152K for 2024 — the minimum it must pay out in qualifying distributions.
About The Louis A Ritter Foundation
Based on IRS filings
The Louis A Ritter Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.2M in total assets. In 2024, it awarded 3 grants totaling $180K. Net investment income was $234K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,156,969 | $2,116,037 | $2,164,735 |
| Revenue | $277,468 | $100,584 | $62,840 |
| Expenses | $236,536 | $149,282 | $167,877 |
| Qualifying Distributions | $201,604 | $119,845 | $92,158 |
| Net Investment Income | $233,681 | $71,847 | $32,925 |
| Distributable Amount | $152,141 | $133,029 | $127,723 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
31 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Ved Vignan Mahavidyapeeth ($100,000), International Association for Human Values ($70,000), Rural School Assistance Fund Inc ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| INTERNATIONAL ASSOCIATION FOR HUMAN VALUES WASHINGTON, DC | General & Unrestricted | $70,000 |
| RURAL SCHOOL ASSISTANCE FUND INC SEDONA, AZ | General & Unrestricted | $10,000 |
| VED VIGNAN MAHAVIDYAPEETH NASHUA, NH | General & Unrestricted | $100,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Louis Ritter | Trustee | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Louis A Ritter Foundation?
The Louis A Ritter Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $2.2M in total assets as of 2024.
How large is The Louis A Ritter Foundation?
As of 2024, The Louis A Ritter Foundation holds $2.2M in total assets with $277K in annual revenue. It awarded 3 grants totaling $180K in 2024.
Where does The Louis A Ritter Foundation operate?
The Louis A Ritter Foundation has awarded grants in Arizona, Colorado, District of Columbia, Illinois, Missouri, New Hampshire, New York, Pennsylvania.
What size grants does The Louis A Ritter Foundation award?
In 2024, The Louis A Ritter Foundation awarded 3 grants totaling $180K — an average of about $60K per grant, based on its IRS Form 990 filings.
How much is The Louis A Ritter Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Louis A Ritter Foundation reported a distributable amount of $152K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Louis A Ritter Foundation's EIN?
The Louis A Ritter Foundation's EIN (Employer Identification Number) is 56-2475503. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Louis A Ritter Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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