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Ripple Fund is a private corporation based in CHARLESTON, SC. The foundation received its IRS ruling in 2020. The principal officer is Jerald Scheer. It holds total assets of $221K. Annual income is reported at $156K. Total assets have grown from $99K in 2019 to $221K in 2024. The foundation is governed by 1 officer or trustee. The fund provides support in the form of charitable donations to a wide range of nonprofits, mostly in the coastal areas of south carolina, for the purpose of helping to strenghen and improve these communities. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2024. According to available records, Ripple Fund has made 14 grants totaling $77K, with a median grant of $5K. Individual grants have ranged from $306 to $12K, with an average award of $6K. The foundation has supported 7 unique organizations. Grant recipients are concentrated in South Carolina. Contributions to this foundation are tax-deductible.
The fund provides support in the form of charitable donations to a wide range of nonprofits, mostly in the coastal areas of south carolina, for the purpose of helping to strenghen and improve these communities.
Expenses: $204K
The fund provides support in the form of charitable donations to a wide range of nonprofits, mostly in the coastal areas of south carolina, for the purpose of helping to strenghen and improve these communities. Based on available records, the foundation has funded 14 grants. Its grantmaking reaches organizations primarily in SC.
Ripple Fund has distributed a total of $77K across 14 grants. The median grant size is $5K, with an average of $6K. Individual grants have ranged from $306 to $12K.
Ripple Fund typically selects its grantees rather than accepting unsolicited proposals.
Ripple Fund is headquartered in CHARLESTON, SC.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jerald Scheer | PRESIDENT | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$221K
Fair Market Value
N/A
Net Worth
$221K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
14
Total Giving
$77K
Average Grant
$6K
Median Grant
$5K
Unique Recipients
7
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Gulla Geeche Angel NetworkDONATIONS FOR BLACK HISTORY MONTH | Goose Creek, SC | $12K | 2022 |
| Social Venture Partners Co Coastal Community FoundationDONATION OF FUND MISSION OF CREATING COMMUNITIES RICH IN EQUITY, OPPORTUNITY AND WELL-BEING | N Charleston, SC | $10K | 2022 |
| Empowered MindsSUPPLEMENT FOR YOGA TEACHER SALARIES WORKING IN TITLE 1 SCHOOLS | Mt Pleasant, SC | $9K | 2022 |
| The Green Heart ProjectANNUAL DONATION OF FUND MISSION OF PROVIDING COMMUNITY GARDENS AND FRESH FRUIT AND VEGETABLES FOR LOCAL NEIGHBORHOODS | Charleston, SC | $5K | 2022 |
| Coastal Community FoundationTICKETS FOR FUNDRAISER | N Charleston, SC | $1K | 2022 |
| Armor Healing KitchenDONATION TO ANNUAL FUNDRAISER-PROVIDE HOMEMADE PLANT BASED MEAL TO CANCER PATIENTS | Charleston, SC | $1K | 2022 |
| Doors To DreamFOOD DONATION FOR DOORS TO DREAM FUNDRAISER | Charleston, SC | $306 | 2022 |
NEWBERRY, SC
COLUMBIA, SC
PICKENS, SC