The Ricci Family Foundation
The Ricci Family Foundation is a private foundation, based in Cleveland, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.7M in total assets. In 2024, it awarded 2 grants totaling $10K. Net investment income was $188K.
The Ricci Family Foundation at a glance
In short: The Ricci Family Foundation gave $10K across 2 grants in 2024 (avg $5K), mostly in Ohio. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $10,000
- -94.7% vs 2023
- Grants made (2024)
- 2
- -71.4% vs 2023
- Average grant
- $5,000
- -81.3% vs 2023
- Median grant
- $5,000
- Total assets
- $1,739,324
- +10.7% vs 2023
- Primary geography
- Ohio (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who The Ricci Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
The largest 2024 recipient was Rainbow Run ($5K). Together the top 2 received $10K.
Grant Size Distribution
22 grants across all recorded years
The most common grant size was under $50K: 19 grants of 22 (86%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 2 itemized grants.
Cities
How The Ricci Family Foundation gives
- Giving fell 84% from 2021 to 2024. Method
- In 2024 it paid out 9% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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 2020 to 2024, annual grant giving ranged from $10K (2024) to $205K (2022). In 2024 it made 2 grants totaling $10K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Rainbow Run Solon, OH | General Fund | $5,000 |
| Women's Air & Space Museum Cleveland, OH | General Fund | $5,000 |
Ready to take the next step with The Ricci Family Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $1,739,324 | $207,221 | $24,335 | $10,000 | 2 | $10,000 | $187,809 | $115,119 |
| 2023 | $1,571,641 | $64,486 | $213,742 | $187,145 | 7 | $187,145 | $66,891 | $109,580 |
| 2022 | $1,726,255 | $117,497 | $237,702 | $205,000 | 7 | $205,000 | $68,576 | $114,493 |
| 2021 | $1,861,378 | $425,385 | $81,692 | $61,000 | 4 | $61,000 | $81,099 | $103,197 |
| 2020 | $1,528,448 | $111,526 | $64,596 | $35,000 | 2 | — | $84,572 | $91,085 |
Under IRS private-foundation payout rules, The Ricci Family Foundation reported a distributable amount of $115K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Ricci Family Foundation is led by Kenn Ricci, President on every filing since 2020 — the only officer listed, and uncompensated.
Officers on the 2024 filing
Kenn Ricci
President
On filings since 2020
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.
Frequently asked questions about The Ricci Family Foundation
How much does The Ricci Family Foundation give each year?
The Ricci Family Foundation gave $10K across 2 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $187K across 7 grants.
How large is The Ricci Family Foundation?
The Ricci Family Foundation reported $1.7M in total assets on its 2024 IRS Form 990-PF. It paid out $10K in qualifying distributions that year, against a required minimum of $115K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does The Ricci Family Foundation operate?
The Ricci Family Foundation has awarded grants in Arizona, District of Columbia, Indiana, Maryland, New York, Ohio.
What is The Ricci Family Foundation's EIN?
The Ricci Family Foundation's EIN (Employer Identification Number) is 26-0521241. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work The Ricci Family Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in The Ricci Family Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Mondelez International Foundation
Chicago, IL
The Mondelēz International Foundation funds programs that promote healthy, active lifestyles for children and families, as well as disaster relief and employee programs, with community investments spanning 18 countries. Its 2024 grants ranged from $50,000 to $1,456,000, with a median of $251,000. It does not accept unsolicited funding requests and gives only to preselected organizations.
Assets
$6.1M
Grants
5
Total Given
$2.4M
Aetna Foundation Inc
Hartford, CT
Aetna Foundation supported health and wellness, access to health care, and related community needs; its 2021 grants ranged from $5,000 to $1 million, with a median of $40,000, and went to organizations across multiple states, especially in D.C. and Connecticut. Its 2021 filing was marked final, so it appears to have ended or be winding down grantmaking; that filing said there were no restrictions on who could apply and pointed applicants to its website for application materials.
Assets
—
Grants
65
Total Given
$7.2M
The Michael and Lori Milken Family
Santa Monica, CA
The foundation supports education, health care and medical research, higher education, and cultural programs, with 93% of its 2024 grant dollars going to California recipients. Grant amounts ranged from $1,000 to $20 million, with a median of $5,000. It accepts requests beyond preselected organizations and asks applicants to submit a brief written statement and supporting materials.
Assets
$401.7M
Grants
86
Total Given
$26.1M
Bristol-Myers Squibb Foundation Inc
Princeton, NJ
The Bristol-Myers Squibb Foundation supports health access and stronger health systems, with a focus on adult and pediatric cancers, blood disorders, brain health, and clinical-trial participation in the United States, Brazil, India, and ten Sub-Saharan African countries. In 2024, its median grant was about $134,000, though awards varied widely; it does not state whether it accepts unsolicited requests, and advises prospective applicants to contact the Foundation about its process.
Assets
$83.3M
Grants
144
Total Given
$67.7M
Kathryn & W H Schwarzschild Fund
Richmond, VA
Assets
$1.4M
Grants
79
Total Given
$79K
United Way Worldwide
Alexandria, VA
United Way Worldwide funds community programs focused on youth opportunity, health, financial security, education, and disaster relief, with 2024 grants made across multiple U.S. states and internationally. Its 209 reported grants ranged from $5,100 to $736,333, with a median of $22,675. It does not state whether it accepts unsolicited grant requests.
Assets
$68.0M
Grants
209
Total Given
$11.4M
More similar funders
More Funders in Ohio
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from The Ricci Family Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
The Ricci Family Foundation down — hundreds of funders to go?