Ripple Fund

Organization Overview

Ripple Fund is located in Charleston, SC. According to its NTEE Classification (S02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ripple Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Ripple Fund generated $678.2k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 74.3% each year . All expenses for the organization totaled $261.9k during the year ending 12/2021. While expenses have increased by 58.5% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION PROVIDES SUPPORT TO A WIDE RANGE OF NONPROFITS, MOSTLY IN THE COASTAL AREAS OF SOUTH CAROLINA, FOR THE PURPOSE OF HELPING TO STRENGTHEN AND IMPROVE THESE COMMUNITIES.


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $678,195
Interest on Savings $0
Dividends & Interest $0
Net Rental Income$0
Net Gain on Sale of Assets $0
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $678,195

Grants Awarded

Over the last fiscal year, Ripple Fund has awarded $8,726 in support to 2 organizations.

Grant RecipientAmount

TURNING LEAF PROJECT

PURPOSE: DONATION FOR SCREEN PRINTING EQUIPMENT

$6,976

BREAD & BUTTER

PURPOSE: CULINARY PROGRAMS

$1,750
View Grant Profile

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