The William N and Elizabeth a Rieth
The William N and Elizabeth a Rieth is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SOUTH BEND, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 16 grants totaling $79K. Net investment income was $135K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.2M
+4.5% YoY
Annual Giving
$79K
-1.9% YoY
Grant Count
16
-20.0% YoY
Avg Grant Size
$5K
+22.6% YoY
Under IRS private-foundation payout rules, The William N and Elizabeth a Rieth reported a distributable amount of $82K for 2024 — the minimum it must pay out in qualifying distributions.
About The William N and Elizabeth a Rieth
Based on IRS filings
The William N and Elizabeth a Rieth is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SOUTH BEND, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 16 grants totaling $79K. Net investment income was $135K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,219,090 | $1,167,067 | $1,218,750 |
| Revenue | $142,590 | $39,803 | $86,342 |
| Expenses | $90,299 | $91,468 | $101,709 |
| Qualifying Distributions | $78,500 | $80,035 | $86,300 |
| Net Investment Income | $134,702 | $36,232 | $82,522 |
| Distributable Amount | $82,490 | $76,620 | $81,105 |
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
103 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Goshen Community Schools Foundation ($21,000), Equipnet ($11,000), Brenneman Memorial Missionary Church ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| OMF International Littleton, CO | SUPPORT | $2,000 |
| Missionary Flights International Fort Pierce, FL | GENERAL SUPPORT | $1,000 |
| Goshen Community Schools Foundation Goshen, IN | SUPPORT | $21,000 |
| LaSalle Council Boy Scouts South Bend, IN | GENERAL SUPPORT | $2,500 |
| Hanover College Hanover, IN | GENERAL SUPPORT | $5,000 |
| World Partners Fort Wayne, IN | SCHOLARSHIPS | $1,000 |
| BRENNEMAN MEMORIAL MISSIONARY CHURCH GOSHEN, IN | YOUTH MISSION TRIP | $10,000 |
| Goshen Historical Society Goshen, IN | SUPPORT | $5,000 |
| World Hope International Alexandria, VA | ANTI TRAFFICKING IN SIERRA | $1,000 |
| Hillsdale College Hillsdale, MI | SUPPORT | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOHN RIETH | DIRECTOR | 1 | — |
| BILL RIETH | DIRECTOR | 1 | — |
| 1ST SOURCE BANK | TRUSTEE | 1 | $9,786 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The William N and Elizabeth a Rieth?
The William N and Elizabeth a Rieth is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SOUTH BEND, IN. It holds $1.2M in total assets as of 2024.
How large is The William N and Elizabeth a Rieth?
As of 2024, The William N and Elizabeth a Rieth holds $1.2M in total assets with $143K in annual revenue. It awarded 16 grants totaling $79K in 2024.
Where does The William N and Elizabeth a Rieth operate?
The William N and Elizabeth a Rieth has awarded grants in California, Colorado, Florida, Illinois, Indiana, Kansas, Maryland, Michigan, North Carolina, Oregon, Texas, Virginia, Wisconsin.
What size grants does The William N and Elizabeth a Rieth award?
In 2024, The William N and Elizabeth a Rieth awarded 16 grants totaling $79K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is The William N and Elizabeth a Rieth required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The William N and Elizabeth a Rieth reported a distributable amount of $82K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The William N and Elizabeth a Rieth's EIN?
The William N and Elizabeth a Rieth's EIN (Employer Identification Number) is 35-1970370. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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