The Rives Family Foundation Inc

Private foundation · Grantmaker 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.

Key facts about The Rives Family Foundation Inc

In short: The Rives Family Foundation Inc gave $5K across 4 grants in 2024 (avg $1K), mostly in Georgia. Source: 2024 IRS Form 990-PF.

EIN
58-2260514
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$5,000
Grants made (2024)
4
Average grant
$1,250
Median grant
$750
Total assets
$381,963
Primary geography
Georgia (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$382K

-1.0% YoY

Annual Giving

$5K

-18.0% YoY

Grant Count

4

-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.

How The Rives Family Foundation Inc gives

  • Giving grew 28% from 2021 to 2024. Method
  • In 2024 it paid out 338% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2024 grant dollars across all 4 itemized grants.

States

Cities

SpartaDunwoody

Giving Over Time

Total grant dollars and number of grants per year

$0$2K$4K$6K$8K3 grants2020 5 grants2021 0 grants2022 5 grants2023 4 grants2024

From 2020 to 2024, annual grant giving ranged from $4K (2020) to $6K (2023). In 2024 it made 4 grants totaling $5K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

John Hancock Academy Inc: $3KJohn Hancock Academy Inc$3KSparta Cemetery Association Inc: $1KSparta Cemetery AssociationInc$1KPierce Memorial United Methodist Ch: $500Pierce Memorial UnitedMethodist Ch$500Hancock County Library: $500Hancock County Library$500

The largest 2024 recipient was John Hancock Academy Inc ($3K). Together the top 4 received $5K.

Grant Size Distribution

17 grants across all recorded years

17<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 17 grants of 17 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
John Hancock Academy Inc Sparta, GAEducational$3,000
Sparta Cemetery Association Inc Dunwoody, GAOperations$1,000
Pierce Memorial United Methodist Ch Sparta, GAReligious$500
Hancock County Library Sparta, GAEducational$500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K2020 2021 2022 2023 2024
Metric202420232022
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

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

The Rives Family Foundation Inc's 2024 filing lists 3 officers; 1 of 3 officers listed in 2024 is compensated.

Officers on the 2024 filing

  • George S. Rives III

    Director

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Kimbrough Reucassel

    Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Cornelia Rives Weis

    Fdtn Manager

    On filings since 2020

    40 hrs/week

    $50K (2020) → $50K (2024)

Former officers (1)
  • Former: Robert J. Weis (2020–2023) — Director

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.

Compensation Overview

From 2024 IRS filing

Cornelia Rives Weis — Fdtn MGR: $50KCornelia Rives WeisFdtn MGR$50K

The highest reported compensation on the 2024 filing was $50K, to Cornelia Rives Weis (Fdtn MGR).

Frequently asked questions about The Rives Family Foundation Inc

How much does The Rives Family Foundation Inc give each year?

The Rives Family Foundation Inc gave $5K across 4 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $6K across 5 grants.

What is The Rives Family Foundation Inc's typical grant size?

The Rives Family Foundation Inc's median grant in 2024 was $750, and its average grant was $1,250, across 4 grants on its 2024 IRS Form 990-PF.

Where does The Rives Family Foundation Inc give grants?

The Rives Family Foundation Inc gives mostly in Georgia: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Sparta, GA (3 grants).

Does The Rives Family Foundation Inc give general operating support?

Not in 2024: none of the 4 grants with a stated purpose on The Rives Family Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support.

How large is The Rives Family Foundation Inc?

The Rives Family Foundation Inc reported $382K in total assets on its 2024 IRS Form 990-PF. It paid out $177K in qualifying distributions that year, against a required minimum of $52K (roughly 5% of its investment assets).

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.

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.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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