The Denis E Ribordy Charitable Trust focuses its giving on higher education and intermediary philanthropic vehicles, with the majority of dollars directed to Butler University and a substantial pass-through gift via Bank of America’s charitable gift fund. Grants are few and substantial, suggesting targeted support for institutional program or scholarship purposes rather than broad community grantmaking.
Concentrated and sparse: a small number of relatively large grants, including repeated multi-year support to a single university and use of a national charitable gift fund to route additional philanthropy.
Notable grantees: Butler University, Bank of America Charitable Gift Fund, Other small nonprofit grantees (2 additional recipients)
The Denis E Ribordy Charitable Trust’s clearest pattern is a small number of substantial grants centered on higher education and donor-advised philanthropy. In 2025, its largest reported payment went to Bank of America Charitable Gift Fund for exempt-purpose support, alongside a $95,000 grant to Butler University. The trust’s recent record shows that it favors institution-level support rather than a broad spread of many small awards. Butler University appears repeatedly in the recent grants list, with grants of $50,000 in 2023 and 2024 and a larger $95,000 grant in 2025. That repetition points to sustained support for a single university over multiple years. The trust also made a smaller 2025 grant to Ogden Dunes Community Church, indicating that its giving is not limited entirely to higher education, even though that is where most of the dollar volume is concentrated. Overall, the trust’s profile is defined by selective, high-value grants and a limited recipient pool.
Higher education is the trust’s main named focus. Butler University received $95,000 in 2025 after earlier grants of $50,000 in both 2023 and 2024, showing a multi-year relationship with the Indianapolis institution. A second clear theme is intermediary philanthropy. In 2025, the trust gave $114,885 to Bank of America Charitable Gift Fund for exempt-purpose support, a notable pass-through vehicle in the grant record. The trust also made a smaller community-oriented grant to Ogden Dunes Community Church in 2025. That award broadens the picture slightly beyond higher education, but the overall record still remains concentrated in institutional giving rather than a wide set of program areas.
The trust’s typical grant size is $50,000 at the 25th percentile, $50,000 at the median, and $95,000 at the 75th percentile, which indicates a tight cluster around sizable awards. Its recent filings show repeat support rather than one-off giving: Butler University appears in 2023, 2024, and 2025. The trust is a charitable trust, not an individual-giving vehicle, and it does not make program-related investments. The recent grants list also suggests a limited number of awards each year, with a few relatively large payments making up most of the annual total.
$320K
$0
$85K
$224K
Most grants fall between $50K and $95K, with a median of $50K.
25th Percentile
$50K
Median
$50K
75th Percentile
$95K
About 0% of grants go to recipients in IN.
Sign up for a free Kindora account to access AI-generated insights into this funder's giving patterns, decision-makers, and fit signals.
Get Started FreeFree Kindora accounts unlock side-by-side comparisons with foundations that share this funder's focus areas and giving profile.
Get Started FreeSign up free to see how well your nonprofit fits this funder, get an AI-generated pitch, and unlock similar foundations.
Giving is regional and lands entirely in the United States. Indiana is the top state by grant count, driven by multiple grants to Indianapolis and one to Ogden Dunes. The recipient list also includes Boston, Massachusetts, through the Bank of America Charitable Gift Fund. No grants in the recent list went to recipients in the trust’s home state of Illinois.
Its recent grants center on higher education and intermediary philanthropy. Butler University received grants in 2023, 2024, and 2025, and Bank of America Charitable Gift Fund received the largest 2025 payment for exempt-purpose support.
The trust’s grant-size distribution is tightly grouped around larger awards: p25 is $50,000, the median is $50,000, and p75 is $95,000. The recent grants list also includes a larger $114,885 payment in 2025.
Yes. Butler University appears three times in the recent grants list, with grants of $50,000 in 2023, $50,000 in 2024, and $95,000 in 2025.
Indiana is the top state by grant count. Recent grants went to Indianapolis and Ogden Dunes in Indiana, with another grant to Boston, Massachusetts.
No. The trust does not fund individuals and does not make program-related investments.
2025
Source: IRS Form 990-PF, fiscal year 2025.
Most recent grants reported to the IRS.
| Recipient | Location | Amount | Year | Purpose |
|---|---|---|---|---|
| BANK OF AMERICA CHARITABLE GIFT FUND | BOSTON, MA | $114,885 | 2025 | EXEMPT PURPOSE OF ORGANIZATION |
| BUTLER UNIVERSITY | INDIANAPOLIS, IN | $95,000 | 2025 | EXEMPT PURPOSE OF ORGANIZATION |
| OGDEN DUNES COMMUNITY CHURCH | OGDEN DUNES, IN | $10,000 | 2025 | EXEMPT PURPOSE OF ORGANIZATION |
| BUTLER UNIVERSITY | INDIANAPOLIS, IN | $50,000 | 2024 | EXEMPT PURPOSE OF ORGANIZATION |
| BUTLER UNIVERSITY | INDIANAPOLIS, IN | $50,000 | 2023 | EXEMPT PURPOSE OF ORGANIZATION |
BANK OF AMERICA CHARITABLE GIFT FUND
$114,885EXEMPT PURPOSE OF ORGANIZATION
BUTLER UNIVERSITY
$95,000EXEMPT PURPOSE OF ORGANIZATION
OGDEN DUNES COMMUNITY CHURCH
$10,000EXEMPT PURPOSE OF ORGANIZATION
BUTLER UNIVERSITY
$50,000EXEMPT PURPOSE OF ORGANIZATION
BUTLER UNIVERSITY
$50,000EXEMPT PURPOSE OF ORGANIZATION