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.
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
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
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 |
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
No grants recorded for .
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
From 2024 IRS filing
From 2024 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
Related Funders
Similar funders by location and focus area
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Total Given
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Ramsleg Foundation
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$543
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Total Given
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Druckenmiller Foundation
NEW YORK, NY
Assets
$1.8B
Grants
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Total Given
$135.7M
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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