The Royal Ethiopian Trust Inc
THE ROYAL ETHIOPIAN TRUST (RET) IS A 501(C)(3) NONPROFIT ORGANIZATION DEDICATED TO ADVANCING THE LEGACY OF HIS IMPERIAL HIGHNESS PRINCE ERMIAS SAHLE-SELASSIE AND FOSTERING THE WELL-BEING OF THE ETHIOPIAN PEOPLE. RETS MISSION IS TO SAFEGUARD, RAISE AWARENESS OF, AND FORTIFY ETHIOPIAN CULTURE AND UNITY. THIS MISSION IS CARRIED OUT THROUGH FOUR CORE PROGRAMMATIC PILLARS: 1. EMPOWERING ETHIOPIAS FUTURE SUPPORTING THE INTELLECTUAL AND MORAL GROWTH OF ETHIOPIAN YOUTH THROUGH SCHOLARSHIPS, MENTORSHIP, AND ACCESS TO EDUCATIONAL PROGRAMS. 2. FOSTERING ETHIOPIAN ENTREPRENEURSHIP ENCOURAGING ECONOMIC DEVELOPMENT THROUGH MICROFINANCE, TRAINING, AND LOCAL BUSINESS SUPPORT. 3. PRESERVING ETHIOPIAS IMPERIAL HERITAGE PROMOTING NATIONAL PRIDE AND HISTORICAL AWARENESS BY RECOVERING, PRESERVING, AND EXHIBITING SIGNIFICANT CULTURAL AND HISTORICAL ARTIFACTS. 4. SUPPORTING THE ETHIOPIAN CROWN UPHOLDING THE ETHIOPIAN MONARCHY AS A UNIFYING SYMBOL OF ETHIOPIAS IDENTITY AND CULTURAL INTEGRITY.
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$195K
+295.5% YoY
Annual Giving
$8K
Grant Count
1
Avg Grant Size
$8K
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 |
|---|---|---|
| Total Assets | $195,029 | $49,307 |
| Revenue | $227,607 | $50,022 |
| Expenses | $96,695 | $4,811 |
| Qualifying Distributions | — | — |
| Net Investment Income | $33 | — |
| Distributable Amount | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ERMIAS SAHLE SELASSIE | CHAIRMAN OF | 4 | $16,000 |
| ANANIA ABEBE | AID TO CAMP | 2 | — |
| ADAM VON GOOTKIN | VICE PRESIDE | 5 | — |
| SOLOMON KIBRIYE | PRESIDENT | 3 | — |
| NICHOLAS MELILLO | TREASURER | 5 | — |
| GIOVANNI RUFFINI | SECRETARY | 5 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
States
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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