The RISC Foundation Inc is a private foundation established in 2008 and based in New Haven, Connecticut. The foundation operates as a grantmaking organization focused on philanthropic activities and program support.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$279.4M
+36.0% YoY
Annual Giving
$6.8M
+24.8% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$3.4M
+24.8% YoY
Under IRS private-foundation payout rules, The Risc Foundation Inc reported a distributable amount of $8.9M for 2024 — the minimum it must pay out in qualifying distributions.
Grantmaking
The RISC Foundation operates on an invitation-only basis with no public application process. All grants are designated for "PROGRAM SUPPORT."
Grant Range
s:**
Average Grant
approximately $11,000
How to Apply
. All grants are designated for "PROGRAM SUPPORT."
Ready to take the next step with The Risc Foundation Inc?
Geographic Focus
Where this funder awards grants
The foundation primarily supports New Haven, Connecticut, with additional support in Massachusetts, Maine, the District of Columbia, and other Connecticut communities including Becket, Farmington, Hamden, Wallingford, and Washington.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue (2023):
- Total assets: $205.4 million
- Total revenue: $10.78 million
- Total expenses: $9.96 million
- Investment income and dividends: $719,326
- Net gain from sale of non-inventory assets: $10.06 million
Annual Giving:
- 2024: $12.95 million
- 2023: Approximately $5.4 million in grants awarded
Total Liabilities: $60.2 million (2023)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $279,381,424 | $205,437,717 | $189,127,197 |
| Revenue | $24,707,166 | $10,780,356 | $4,280,023 |
| Expenses | $14,208,552 | $9,959,018 | $2,955,215 |
| Qualifying Distributions | $54,482,105 | $11,975,607 | $6,500,662 |
| Net Investment Income | $23,889,263 | $9,911,945 | $3,380,470 |
| Distributable Amount | $8,896,566 | $7,635,863 | $7,562,872 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
44 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Community Foundation of Greater New Haven ($6,724,996), Jacob's Pillow Dance Festival Inc ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| COMMUNITY FOUNDATION OF GREATER NEW HAVEN NEW HAVEN, CT | PROGRAM SUPPORT | $6,724,996 |
| JACOB'S PILLOW DANCE FESTIVAL INC BECKET, MA | PROGRAM SUPPORT | $50,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- L. Linfield Simon - President and Director (no compensation)
- Susan R. Simon - Vice President, Clerk, and Director (no compensation)
- Caitlin J. Simon - Treasurer and Director ($35,000 compensation)
- Gregory A. Huber - Director ($35,000 compensation)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| L LINFIELD SIMON | PRESIDENT/DIRECTOR | 30 | $160,000 |
| SUSAN R SIMON | V.P./CLERK/DIRECTOR | 8 | $35,000 |
| CAITLIN J SIMON | TREASURER/DIRECTOR | 8 | $35,000 |
| GREGORY A HUBER | DIRECTOR | 8 | $35,000 |
Contact Information
Address: 140 Ogden Street, New Haven, CT 06511-1324
Phone: 203-430-5013
EIN: 71-1051630
Tax-Exempt Status: Since August 2008
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
How do I apply for a grant from The Risc Foundation Inc?
The RISC Foundation operates on an invitation-only basis with no public application process. All grants are designated for "PROGRAM SUPPORT." **Grant Ranges:** • Typical grant awards range from $50,000 to $6.7 million • Average grant size: approximately $11,000 • In 2023, the foundation made 19 grants totaling approximately $5.4 million **Primary Recent Recipients:** • Community Foundation for Greater New Haven: $5,379,888 (2023) • Jacob's Pillow Dance Festival Inc: $50,000 (consistent grants) …
Where does The Risc Foundation Inc make grants?
The foundation primarily supports New Haven, Connecticut, with additional support in Massachusetts, Maine, the District of Columbia, and other Connecticut communities including Becket, Farmington, Hamden, Wallingford, and Washington.
What size grants does The Risc Foundation Inc award?
In 2024, The Risc Foundation Inc awarded 2 grants totaling $6.8M — an average of about $3.4M per grant, based on its IRS Form 990 filings.
How much is The Risc Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Risc Foundation Inc reported a distributable amount of $8.9M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Risc Foundation Inc's EIN?
The Risc Foundation Inc's EIN (Employer Identification Number) is 71-1051630. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Risc Foundation Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Yale University
NEW HAVEN, CT
Assets
$55.2B
Grants
344
Total Given
$137.2M
Ethel & Abe Lapides Foundation Inc
NEW HAVEN, CT
Assets
$1.2M
Grants
59
Total Given
$61K
The Chicago Community Trust
CHICAGO, IL
Assets
$6.0B
Grants
3,976
Total Given
$1.4B
The Community Foundation for Greater New
NEW HAVEN, CT
Assets
$627.4M
Grants
505
Total Given
$23.4M
The Koch Ellis Fund
NEW HAVEN, CT
Assets
$1.8M
Grants
72
Total Given
$411K
Vanguard Charitable Endowment Program
SOUTHEASTERN, PA
Assets
$22.2B
Grants
24,269
Total Given
$3.0B
Newalliance Foundation Inc
NEW HAVEN, CT
Assets
$32.2M
Grants
144
Total Given
$994K
The Daniel & Sharon Milikowsky
HAMDEN, CT
Assets
$10.7M
Grants
41
Total Given
$497K
Liberty Bank Foundation Inc
MIDDLETOWN, CT
Assets
$43.1M
Grants
153
Total Given
$2.1M
Eder Family Foundation Inc
WEST HAVEN, CT
Assets
$5.4M
Grants
45
Total Given
$490K
Seedlings Foundation
BRANFORD, CT
Assets
$215.4M
Grants
88
Total Given
$22.6M
The Skye Foundation Inc
NEW HAVEN, CT
Assets
—
Grants
17
Total Given
$361K
Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with The Risc Foundation Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching The Risc Foundation Inc to a real strategy.