The Rives Family Foundation Inc

SEA ISLAND, GA EIN: 58-2260514

The Rives Family Foundation Inc is a private foundation focused on Arts, Culture & Humanities, based in SEA ISLAND, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $382K in total assets. In 2024, it awarded 4 grants totaling $5K. Net investment income was $176K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$382K

-1.0% YoY

Annual Giving

$5K

-18.0% YoY

Grant Count

-20.0% YoY

Avg Grant Size

$1K

+2.5% YoY

Under IRS private-foundation payout rules, The Rives Family Foundation Inc reported a distributable amount of $52K for 2024 — the minimum it must pay out in qualifying distributions.

About The Rives Family Foundation Inc

Based on IRS filings

Focus Areas

Arts, Culture & Humanities

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Georgia $19K (100%)

States

Georgia

Cities

DunwoodySparta

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$381,963	$385,669	$398,305
Revenue	$187,640	$150,816	$51,410
Expenses	$191,348	$163,453	$141,246
Qualifying Distributions	$177,133	$149,303	$124,677
Net Investment Income	$175,816	$140,173	$36,720
Distributable Amount	$52,432	$50,380	$56,228

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Grant Size Distribution

17 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include John Hancock Academy Inc ($3,000), Sparta Cemetery Association Inc ($1,000), Pierce Memorial United Methodist Ch ($500).

Recipient	Purpose	Amount
JOHN HANCOCK ACADEMY INC SPARTA, GA	EDUCATIONAL	$3,000
SPARTA CEMETERY ASSOCIATION INC DUNWOODY, GA	OPERATIONS	$1,000
PIERCE MEMORIAL UNITED METHODIST CH SPARTA, GA	RELIGIOUS	$500
HANCOCK COUNTY LIBRARY SPARTA, GA	EDUCATIONAL	$500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
CORNELIA RIVES WEIS	FDTN MGR	40	$50,000
GEORGE S RIVES III	Director	5	—
KIMBROUGH REUCASSEL	Director	2	—

Subject Areas

Focus areas based on grantmaking activity

Arts, Culture & Humanities

Frequently Asked Questions

What is The Rives Family Foundation Inc?

The Rives Family Foundation Inc is a private foundation focused on Arts, Culture & Humanities, based in SEA ISLAND, GA. It holds $382K in total assets as of 2024.

How large is The Rives Family Foundation Inc?

As of 2024, The Rives Family Foundation Inc holds $382K in total assets with $188K in annual revenue. It awarded 4 grants totaling $5K in 2024.

Where does The Rives Family Foundation Inc operate?

The Rives Family Foundation Inc has awarded grants in Georgia.

What size grants does The Rives Family Foundation Inc award?

In 2024, The Rives Family Foundation Inc awarded 4 grants totaling $5K — an average of about $1K per grant, based on its IRS Form 990 filings.

How much is The Rives Family Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Rives Family Foundation Inc reported a distributable amount of $52K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Rives Family Foundation Inc's EIN?

The Rives Family Foundation Inc's EIN (Employer Identification Number) is 58-2260514. IRS Form 990 filing data is available on this page for 2020–2024.