Ripple Foundation

New York, NY
Tax-exempt since Oct. 2000
EIN: 13-4081347

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Independent Foundations (NTEE)

Donations to this organization are tax deductible.

Revenue

$591k (2023)

Expenses

$741k (2023)

Total Assets

$10.1M (2023)

Total Liabilities

$2.5k (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Revenue

$591,471

Expenses

$741,118

Net Income

-$149,647

Net Assets

$10,132,178

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$611,584	> 100%
Interest Revenue	$14,330	2.4%
Dividends	$160,346	27.1%
Sales of Assets	-$196,324
Other Income	$1,535	0.3%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$620,705	83.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$10,134,678
Total Liabilities	$2,500
Net Assets	$10,132,178

Compensation

Key Employees and Officers	Compensation	Other
Anthony Malkin (Treasurer)	$0	$0
Rachelle Malkin (President And Secretary)	$0	$0

990-PF

Filed on Nov. 15, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2022

Revenue

$171,075

Expenses

$89,748

Net Income

$81,327

Net Assets

$10,256,919

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$434,832	> 100%
Interest Revenue	$383	0.2%
Dividends	$95,071	55.6%
Sales of Assets	-$320,434
Other Income	-$38,777

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$29,717	33.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$10,256,919
Total Liabilities	$0
Net Assets	$10,256,919

Compensation

Key Employees and Officers	Compensation	Other
Anthony Malkin (Treasurer)	$0	$0
Rachelle Malkin (President And Secretary)	$0	$0

990-PF

Filed on Nov. 15, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2021

Revenue

$100,376

Expenses

$271,005

Net Income

-$170,629

Net Assets

$9,818,170

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$830,881	> 100%
Interest Revenue	$0
Dividends	$89,480	89.1%
Sales of Assets	-$741,494
Other Income	-$78,491

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$218,494	80.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$9,818,170
Total Liabilities	$0
Net Assets	$9,818,170

Compensation

Key Employees and Officers	Compensation	Other
Anthony Malkin (Treasurer)	$0	$0
Rachelle Malkin (President And Secretary)	$0	$0

990-PF

Filed on Nov. 11, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2020

Revenue

$1,122,979

Expenses

$561,882

Net Income

$561,097

Net Assets

$10,312,633

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$520,323	46.3%
Interest Revenue	$0
Dividends	$515,407	45.9%
Sales of Assets	$228,864	20.4%
Other Income	-$141,615

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$553,632	98.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$10,312,634
Total Liabilities	$1
Net Assets	$10,312,633

Compensation

Key Employees and Officers	Compensation	Other
Anthony Malkin (Treasurer)	$0	$0
Rachelle Malkin (President And Secretary)	$0	$0

990-PF

Filed on Nov. 15, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2019

Revenue

$575,928

Expenses

$778,676

Net Income

-$202,748

Net Assets

$11,349,516

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$409,563	71.1%
Interest Revenue	$106,702	18.5%
Dividends	$236,322	41.0%
Sales of Assets	$0
Other Income	-$134,088

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$762,268	97.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$11,349,517
Total Liabilities	$1
Net Assets	$11,349,516

Compensation

Key Employees and Officers	Compensation	Other
Anthony Malkin (Treasurer)	$0	$0
Rachelle Malkin (President And Secretary)	$0	$0

990-PF

Filed on Nov. 12, 2020

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2018

Revenue

$999,543

Expenses

$846,607

Net Income

$152,936

Net Assets

$11,279,820

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$603,707	60.4%
Interest Revenue	$49,689	5.0%
Dividends	$182,593	18.3%
Sales of Assets	$193,810	19.4%
Other Income	-$30,256

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$820,907	97.0%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$11,279,820
Total Liabilities	$0
Net Assets	$11,279,820

Compensation

Key Employees and Officers	Compensation	Other
Anthony Malkin (Treasurer)	$0	$0
Rachelle Malkin (President And Secretary)	$0	$0

990-PF

Filed on Nov. 6, 2019

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2017

Revenue

$1,535,534

Expenses

$1,439,006

Net Income

$96,528

Net Assets

$12,599,060

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$424,256	27.6%
Interest Revenue	$12,997	0.8%
Dividends	$163,575	10.7%
Sales of Assets	$1,123,499	73.2%
Other Income	-$188,793

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,425,291	99.0%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$12,599,060
Total Liabilities	$0
Net Assets	$12,599,060

Compensation

Key Employees and Officers	Compensation	Other
Anthony Malkin (President)	$0	$0
Rachelle Malkin (Director)	$0	$0

990-PF

Filed on Nov. 15, 2018

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2016

Revenue

$5,034,747

Expenses

$1,870,660

Net Income

$3,164,087

Net Assets

$12,975,333

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$5,080,670	> 100%
Interest Revenue	$8,358	0.2%
Dividends	$80,204	1.6%
Sales of Assets	-$34,733
Other Income	-$99,752

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,821,092	97.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$12,979,012
Total Liabilities	$3,679
Net Assets	$12,975,333

Compensation

Key Employees and Officers	Compensation	Other
Anthony Malkin (President)	$0	$0
Rachelle Malkin (Director)	$0	$0

990-PF

Filed on Nov. 13, 2017

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2015

Revenue

$974,171

Expenses

$1,746,936

Net Income

-$772,765

Net Assets

$9,119,037

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$726,208	74.5%
Interest Revenue	$4,885	0.5%
Dividends	$53,954	5.5%
Sales of Assets	$356,762	36.6%
Other Income	-$167,638

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,557,496	89.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$9,119,037
Total Liabilities	$0
Net Assets	$9,119,037

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

PDF (2 of 2)

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

PDF (2 of 2)

Fiscal Year Ending Dec.
2014

Revenue

$1,144,020

Expenses

$2,189,636

Net Income

-$1,045,616

Net Assets

$9,390,946

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$534,658	46.7%
Interest Revenue	$8,797	0.8%
Dividends	$22,866	2.0%
Sales of Assets	$0
Other Income	$600,737	52.5%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,871,198	85.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$9,390,946
Total Liabilities	$0
Net Assets	$9,390,946

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2013

Revenue

$4,551,325

Expenses

$1,359,811

Net Income

$3,191,514

Net Assets

$10,052,242

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$3,624,488	79.6%
Interest Revenue	$12,390	0.3%
Dividends	$17,790	0.4%
Sales of Assets	$227,513	5.0%
Other Income	$669,144	14.7%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,353,158	99.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$10,052,242
Total Liabilities	$0
Net Assets	$10,052,242

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2012

Revenue

$3,306,086

Expenses

$1,188,177

Net Income

$2,117,909

Net Assets

$6,878,630

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$3,059,935	92.6%
Interest Revenue	$8,232	0.2%
Dividends	$25,720	0.8%
Sales of Assets	$257,218	7.8%
Other Income	-$45,019

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,179,991	99.3%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$6,878,630
Total Liabilities	$0
Net Assets	$6,878,630

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2011

Revenue

$287,042

Expenses

$840,522

Net Income

-$553,480

Net Assets

$4,606,197

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$145,109	50.6%
Interest Revenue	$25,865	9.0%
Dividends	$36,611	12.8%
Sales of Assets	$136,676	47.6%
Other Income	-$57,219

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$861,873	> 100%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$4,606,197
Total Liabilities	$0
Net Assets	$4,606,197

990-PF

Primary tax return for a private foundation's activities, finances, and governance

Primary tax return for a private foundation's activities, finances, and governance

PDF

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Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

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Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

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Ripple Foundation

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $591k (2023)

Expenses $741k (2023)

Total Assets $10.1M (2023)

Total Liabilities $2.5k (2023)

Tax Filings by Year

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Revenue

$591k (2023)

Expenses

$741k (2023)

Total Assets

$10.1M (2023)

Total Liabilities

$2.5k (2023)

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004

Fiscal Year Ending Dec.
2003

Fiscal Year Ending Dec.
2002

Fiscal Year Ending Dec.
2001