EIN 94-3289283

Kenneth Rainin Foundation

IRS 501(c) type
501(c)(3)
Num. employees
33
Year formed
1998
Most recent tax filings
2022-12-01
NTEE code, primary
Description
The mission of the Kenneth Rainin Foundation is to enhance quality of life by championing and sustaining the arts, promoting early childhood literacy, and supporting research to cure chronic disease. Collaboration and innovation are at the heart of all their programs. Their work is guided by the belief that change is possible through inquiry, creativity and compassion. The Kenneth Rainin Foundation seeks to dramatically improve people’s lives. They aim to do this by funding cutting-edge ideas and collaborating with others with similar values to create the energy to make positive change.
Total revenues
$9,404,948
2022
Total expenses
$30,790,626
2022
Total assets
$583,048,144
2022
Num. employees
33
2022

Program areas at Kenneth Rainin Foundation

Analyzed strategy and investment of arts-focused resources to grantees and grantee cohorts and promoted them by conducting the following activities: evaluated capacity-building activities and outcomes associated with impact grant program grantees; conducted an evaluation of the open spaces program; created a video documenting a decade of cast's accomplishments; and created four videos highlighting awardees of the Rainin fellowship.
Evaluated the scope of the education portfolio equity levers to drive strategic development. Curated stories and lessons from grantees to showcase their work and inform philanthropic efforts and policy conversations. Deepened relationships within local and national funding spaces to amplify funding efforts and strengthen grantmaking practices.
Hosted an annual health innovations symposium virtually, bringing together early career and seasoned scientists and experts from around the world who are advancing inflammatory bowel disease (ibd) research. Expanded capacity around diversity, equity and inclusion in ibd research. Began exploring a variety of partners who may be eligible for a response fund grant.

Grants made by Kenneth Rainin Foundation

GranteeGrant descriptionAmount
FluentSeedsTo Support the Oakland Hub.$1,101,666
Community Art Stabilization Trust (CAST)10x$1,000,000
Community Art Stabilization Trust (CAST)10x$1,000,000
...and 176 more grants made totalling $13,329,748

Personnel at Kenneth Rainin Foundation

NameTitleCompensation
Jennifer RaininChief Executive Officer$508,341
Lauren WebsterChief Financial Officer$356,731
Ross DemontChief Investment Officer$988,942
Michelle TrottChief Product Officer and Secretary / Director , Arts Strategy and Ventures$274,797
Shelley TrottChief Program Officer
...and 14 more key personnel

Financials for Kenneth Rainin Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$10,046
Investment income and dividends$2,143,454
Net rental income$3,769,272
Net gain from sale of non-inventory assets$3,133,140
Gross sales of inventory$0
Miscellaneous revenues$349,036
Total revenues$9,404,948

Form 990s for Kenneth Rainin Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-13990PFView PDF
2021-122022-11-11990PFView PDF
2020-122021-11-10990PFView PDF
2019-122021-02-19990PFView PDF
2018-122019-12-31990PFView PDF
...and 8 more Form 990s

Organizations like Kenneth Rainin Foundation

OrganizationLocationRevenue
Kenneth M Axtell JR FoundationNorwich, NY$2,607,980
Foundation for Child DevelopmentNew York, NY$3,315,576
The Campership FundEdgewater, FL$2,558,518
Associated Production Services (APS)Trevose, PA$4,781,597
Potts and Sibley FoundationMidland, TX$3,808,892
Terasaki Inst for Biomedical InnovationLos Angeles, CA$7,081,425
The Baptist ApartmentsEdina, MN$2,857,661
Karlin Family FoundationIndian Wells, CA$4,231,775
New York Health FoundationNew York, NY$2,758,843
Merage InstituteNewport Beach, CA$2,875,269
Data update history
January 3, 2024
Posted financials
Added Form 990PF for fiscal year 2022
December 25, 2023
Used new vendors
Identified 3 new vendors, including , , and
August 17, 2023
Posted financials
Added Form 990PF for fiscal year 2021
July 14, 2023
Updated personnel
Identified 5 new personnel
June 28, 2023
Posted financials
Added Form 990PF for fiscal year 2020
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedTax deductible donations
General information
Address
155 Grand Ave Suite 1000
Oakland, CA 94612
Metro area
San Francisco-Oakland-Berkeley, CA
County
Alameda County, CA
Website URL
krfoundation.org/ 
Twitter profile
@kr_foundation 
IRS details
EIN
94-3289283
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
1998
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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