Thomas E Ryals Scholarship Fund

Foundation · Grantmaker Richardson, TX EIN: 58-1958389

Thomas E Ryals Scholarship Fund is a private foundation, based in Richardson, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $974K in total assets. In 2024, it made $7K in qualifying distributions. Net investment income was $193K.

Key facts about Thomas E Ryals Scholarship Fund

EIN
58-1958389
Latest 990 filing
Form 990-PF, 2024
Total assets
$973,578

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

How Thomas E Ryals Scholarship Fund gives

  • Giving grew 217% from 2020 to 2023. Method
  • In 2024 it paid out 16% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

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

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$974K

+22.6% YoY

Revenue

$204K

+643.9% YoY

Qualifying Distributions

$7K

-87.3% YoY

Expenses

$20K

-71.7% YoY

Under IRS private-foundation payout rules, Thomas E Ryals Scholarship Fund reported a distributable amount of $46K for 2024 — the minimum it must pay out in qualifying distributions.

About Thomas E Ryals Scholarship Fund

Based on IRS filings

Thomas E Ryals Scholarship Fund is a private foundation, based in Richardson, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $974K in total assets. In 2024, it made $7K in qualifying distributions. Net investment income was $193K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

Macon

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$56K$112K$168K$225K20202021202220232024
Metric202420232022
Total Assets$973,578$793,984$840,961
Revenue$204,151$27,442$-23,309
Expenses$19,518$68,955$45,633
Qualifying Distributions$7,485$58,845$31,750
Net Investment Income$192,536$17,486$7,527
Distributable Amount$45,698$43,970$45,518

Data update history

When this profile's IRS filing data changed on Grantable

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

Giving Over Time

Total grant dollars and number of grants per year

$0$12K$23K$35K$46K1 grants20201 grants20211 grants20221 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

4 grants across all recorded years

4<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

American National Bank of Texas — Successor Trustee: $9KAmerican National Bank…Successor Trustee$9KBank of America — Trustee: $5KBank of AmericaTrustee$5K

From 2024 IRS filing

NameTitleHoursCompensation
Bank of AmericaTrustee1$5,212
American National Bank of TexasSuccessor Trustee1$8,700

Frequently Asked Questions

How large is Thomas E Ryals Scholarship Fund?

As of 2024, Thomas E Ryals Scholarship Fund holds $974K in total assets with $204K in annual revenue.

Where does Thomas E Ryals Scholarship Fund operate?

Thomas E Ryals Scholarship Fund has awarded grants in Georgia.

How much is Thomas E Ryals Scholarship Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Thomas E Ryals Scholarship Fund reported a distributable amount of $46K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Thomas E Ryals Scholarship Fund's EIN?

Thomas E Ryals Scholarship Fund's EIN (Employer Identification Number) is 58-1958389. IRS Form 990 filing data is available on this page for 2020–2024.

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

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