MERIDIAN, MS
The Riley Foundation
Quick Facts
- EIN
- 640707746
- Location
- MERIDIAN, MS
- Category
- General
- Total Assets
- $93.4M
- Annual Income
- $17.3M
- IRS Ruling Year
- 1986
- Organization Type
- Corporation
- Principal Officer
- % Marty Davidson
- Tax Deductibility
- Contributions are deductible
About This Foundation
The Riley Foundation is a private corporation based in MERIDIAN, MS. The foundation received its IRS ruling in 1986. The principal officer is % Marty Davidson. It holds total assets of $93.4M. Annual income is reported at $17.3M. Contributions to this foundation are tax-deductible.
View 990 FilingsFinancial Overview
Total Giving
$7.7M
2023+48%
Total Assets
$82M
2023+5%
Fair Market Value
$83.9M
2023
Net Worth
$69.9M
2023
Grants Paid
$6.5M
2023
Contributions
$0
2023
Net Investment Income
$9.7M
2023
Distribution Amount
$3.6M
2023
Total Giving by Year
$5.2M
11$3.4M
12$1.9M
13$3M
14$3.8M
15$5.7M
19$2.4M
20$4.9M
21$5.2M
22$7.7M
23Asset Growth
$54M
11$57.7M
12$64.2M
13$69.2M
14$65.7M
15$77.9M
19$85.3M
20$106.7M
21$77.9M
22$82M
23Investment Portfolio (2023)
Total: $78.3M
Corporate Stock: $57.7M
Corporate Bonds: $18.6M
Government Obligations: $2M
Other Investments: $239K
Corporate Stock (73%)
Corporate Bonds (24%)
Government Obligations (3%)
Other Investments (0%)
Expense Breakdown (2023)
Grants Paid$6.5M
Officer Compensation$514K
Depreciation$94K
Pension & Benefits$81K
Occupancy$54K
Accounting Fees$54K
Travel & Conferences$12K
Revenue Sources (2023)
- Capital Gains (Net)
- $3.7M
- Dividends
- $1.3M
- Interest
- $676K
- Other Income
- $4K
Financial Details (2023)
- Total Revenue
- $5.6M
- Total Expenses
- $7.7M
- Exempt Purpose Expenses
- $3.6M
- Required Distribution
- $3.6M
- Undistributed Income
- $0
- Grants Approved (Future)
- $12.3M
- Total Liabilities
- $12M
- Excise Tax
- $135K
Foundation Classification (2023)
Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings
990-PF Filings
| Tax Period | Return Type | View |
|---|---|---|
| 2023-12 | 990PF | View Filing |
| 2022-12 | 990PF | View Filing |
| 2021-12 | 990PF | View Filing |
| 2020-12 | 990PF | View Filing |
| 2018-12 | 990PF | View Filing |
| 2017-12 | 990PF | View Filing |
| 2016-12 | 990PF | View Filing |
Filings sourced from IRS e-file index. View all on ProPublica