The Ripple Foundation
The Ripple Foundation is a private foundation based in New York, NY, operating as a 501(c)(3) tax-exempt organization. The foundation was established in 2000 and focuses on philanthropic grantmaking to advance charitable causes across multiple sectors.
Key facts about The Ripple Foundation
- EIN
- 13-4081347
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $861,300
- Grants made (2024)
- 23
- Average grant
- $37,448
- Median grant
- $25,000
- Total assets
- $11,214,390
- Primary geography
- New York (84% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated June 2026.
Who The Ripple Foundation funds
By grant dollars, the top recipient states for The Ripple Foundation's 23 itemized 2024 grants were New York (84%), California (6%) and Massachusetts (6%). The most frequent recipient cities were New York, NY (10 grants), San Francisco, CA (2 grants) and Washington, DC (2 grants). None of its 23 grants with a stated purpose were described as general or operating support. Recurring purposes include "Contribution to Further Donee's Exempt Purpose" (23 grants).
How The Ripple Foundation gives
- 30% of 2024 grantees were also funded in 2023. Method
- Giving grew 314% from 2021 to 2024. Method
- In 2024 it paid out 138% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized IRS Form 990-PF grant lists (2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$11.2M
+10.7% YoY
Annual Giving
$861K
+40.4% YoY
Grant Count
23
+76.9% YoY
Avg Grant Size
$37K
-20.6% YoY
Under IRS private-foundation payout rules, The Ripple Foundation reported a distributable amount of $623K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's mission centers on creating opportunities to transform individuals, relationships, communities, and the world. Primary funding areas include education, philanthropy and voluntarism, and human services.
Grantmaking
The Ripple Foundation is an active grantmaker with a diverse portfolio of grants. Recent grantmaking activity includes:
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in New York, California, and the District of Columbia.
Grant Distribution by State
Share of all 23 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total Assets: $10,134,678
- Total Revenues: $591,471
- Total Expenses: $741,118
- Total Liabilities: $2,500
As of 2024:
- Total Assets: $11,214,390
- Total Giving: $861,300
The foundation maintains no employees and operates with a lean administrative structure.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $11,214,390 | $10,134,678 | $10,256,919 |
| Revenue | $1,165,577 | $591,471 | $171,075 |
| Expenses | $999,787 | $741,118 | $89,748 |
| Qualifying Distributions | $862,133 | $620,705 | $29,717 |
| Net Investment Income | $136,805 | $53,269 | — |
| Distributable Amount | $623,147 | $517,697 | $536,887 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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
95 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include World Connect Inc ($200,000), Natural Resources Defense Council ($150,000), Harlem Children's Zone ($72,000).
| Recipient | Purpose | Amount |
|---|---|---|
| WORLD CONNECT INC NEW YORK, NY | CONTRIBUTION TO FURTHER DONEE'S EXEMPT PURPOSE | $200,000 |
| NATURAL RESOURCES DEFENSE COUNCIL NEW YORK, NY | CONTRIBUTION TO FURTHER DONEE'S EXEMPT PURPOSE | $150,000 |
| HARLEM CHILDREN'S ZONE NEW YORK, NY | CONTRIBUTION TO FURTHER DONEE'S EXEMPT PURPOSE | $72,000 |
| LSA FAMILY HEALTH SERVICE NEW YORK, NY | CONTRIBUTION TO FURTHER DONEE'S EXEMPT PURPOSE | $72,000 |
| HOSPITAL FOR SPECIAL SURGERY NEW YORK, NY | CONTRIBUTION TO FURTHER DONEE'S EXEMPT PURPOSE | $65,000 |
| BURNING MAN PROJECT SAN FRANCISCO, CA | CONTRIBUTION TO FURTHER DONEE'S EXEMPT PURPOSE | $50,000 |
| ONE PLYMPTON PRESERVATION FOUNDATION ANNUAL APPEAL CAMBRIDGE, MA | CONTRIBUTION TO FURTHER DONEE'S EXEMPT PURPOSE | $50,000 |
| OUTWARD BOUND INTERNATIONAL INC NEW YORK, NY | CONTRIBUTION TO FURTHER DONEE'S EXEMPT PURPOSE | $50,000 |
| THE MUSTIQUE CHARITABLE FOUNDATION NEW YORK, NY | CONTRIBUTION TO FURTHER DONEE'S EXEMPT PURPOSE | $30,000 |
| HANDS IN 4 YOUTH CAMP VACAMUS WEST MILFORD, NJ | CONTRIBUTION TO FURTHER DONEE'S EXEMPT PURPOSE | $25,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Steve Stroud — Executive Director and Founder
- Deb Pobst — Founder and Staff
- Theresa D-Litzenberger — Founder and Staff
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Anthony Malkin | Treasurer | 0.5 | — |
| Rachelle Malkin | President and Secretary | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does The Ripple Foundation fund?
The foundation's mission centers on creating opportunities to transform individuals, relationships, communities, and the world. Primary funding areas include education, philanthropy and voluntarism, and human services.
How do I apply for a grant from The Ripple Foundation?
The Ripple Foundation is an active grantmaker with a diverse portfolio of grants. Recent grantmaking activity includes: • **Grant Volume**: Made 38 grants in 2023 • **Typical Award Range**: $1,000–$200,000 • **Recent Major Grants** (2023): • Natural Resources Defense Council: $150,000 • Association To Benefit Children: $72,000 • Harlem Children's Zone: $72,000 • **Total Giving**: $861,300 (based on most recent filing)
Where does The Ripple Foundation make grants?
The foundation primarily funds organizations in New York, California, and the District of Columbia.
What size grants does The Ripple Foundation award?
In 2024, The Ripple Foundation awarded 23 grants totaling $861K — an average of about $37K per grant, based on its IRS Form 990 filings.
How much is The Ripple Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Ripple Foundation reported a distributable amount of $623K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Ripple Foundation's EIN?
The Ripple Foundation's EIN (Employer Identification Number) is 13-4081347. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Ripple Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.