Nonprofit · EIN 71-1051630
THE RISC FOUNDATION INC
Tax-exempt · NEW HAVEN, CT 06511
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $24,707,166 | $14,208,552 | $10,498,614 | $279,381,424 | $114,313,872 | $165,067,552 |
| December 31, 2023 | 990-PF | $10,780,356 | $9,959,018 | $821,338 | $205,437,717 | $60,150,654 | $145,287,063 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $838,531
- Interest
- $259,496
- Net gain from sales of assets
- $23,602,668
- Other income
- $6,471
Expenses
- Grants and similar amounts paid
- $6,774,996
- Compensation of officers, directors and key employees
- $265,000
- Disbursements for charitable purposes
- $12,952,722
- Excise tax on investment income
- $332,061
Balance sheet and other
- Total assets, start of year
- $205,437,717
- Total assets, end of year
- $279,381,424
- Total liabilities, end of year
- $114,313,872
- Net assets, end of year
- $165,067,552
- Fair market value of assets
- $279,381,424
- Qualifying distributions
- $54,482,105
- Net investment income
- $24,715,093
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| L LINFIELD SIMON 140 OGDEN STREET, NEW HAVEN, CT 06511 | PRESIDENT/DIRECTOR | 30 | $160,000 |
| SUSAN R SIMON 140 OGDEN STREET, NEW HAVEN, CT 06511 | V.P./CLERK/DIRECTOR | 8 | $35,000 |
| CAITLIN J SIMON 20 EDGEHILL ROAD, NEW HAVEN, CT 06511 | TREASURER/DIRECTOR | 8 | $35,000 |
| GREGORY A HUBER 20 EDGEHILL ROAD, NEW HAVEN, CT 06511 | DIRECTOR | 8 | $35,000 |
990-PF for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CAITLIN J SIMON 20 EDGEHILL ROAD, NEW HAVEN, CT 06511 | TREASURER/DIRECTOR | 8 | $35,000 |
| GREGORY A HUBER 20 EDGEHILL ROAD, NEW HAVEN, CT 06511 | DIRECTOR | 8 | $35,000 |
| L LINFIELD SIMON 140 OGDEN STREET, NEW HAVEN, CT 06511 | PRESIDENT/DIRECTOR | 30 | $0 |
| SUSAN R SIMON 140 OGDEN STREET, NEW HAVEN, CT 06511 | V.P./CLERK/DIRECTOR | 8 | $0 |
Address and contacts
- Address (IRS master file)
- 140 OGDEN ST, NEW HAVEN, CT 06511-1324
- In care of
- % L LINFIELD SIMON
- Signed the 990-PF
- L LINFIELD SIMON, PRESIDENT
- Phone
- (203) 430-5013
- Return prepared by
- EAG NEW ENGLAND LLC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 71-1051630
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2008
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $279,381,424
- Income (IRS master file)
- $54,241,271
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $24,707,166 | $14,208,552 | $279,381,424 | XML |
| 990-PF | December 2023 | $10,780,356 | $9,959,018 | $205,437,717 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
| 990-PF | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 71-1051630).
Questions about THE RISC FOUNDATION INC
- What is the EIN of THE RISC FOUNDATION INC?
- The employer identification number (EIN) of THE RISC FOUNDATION INC is 71-1051630.
- Is THE RISC FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
- Are donations to THE RISC FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does THE RISC FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of THE RISC FOUNDATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE RISC FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of THE RISC FOUNDATION INC?
- The 990-PF for the year ended December 31, 2024 lists 4 people; 4 received compensation from the organization, the highest $160,000 (L LINFIELD SIMON, PRESIDENT/DIRECTOR).
- How much revenue does THE RISC FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $24,707,166, expenses of $14,208,552 and total assets of $279,381,424 at year end.
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