EIN 80-0870036

Rainwater Charitable Foundation

IRS 501(c) type
501(c)(3)
Num. employees
Unknown
State
Year formed
2014
Most recent tax filings
2021-12-01
NTEE code, primary
Description
The Rainwater Charitable Foundation is a private foundation that focuses on grants. It is supported by foreign organizations and is located in Fort Worth, TX.
Total revenues
$46,265,349
2021
Total expenses
$66,953,036
2021
Total assets
$856,887,520
2021
Num. employees
n/a

Program areas at Rainwater Charitable Foundation

K-12 education - the rcf education team supports over 200 schools and non-profit organizations predominantly in the area of early childhood education, parent education, family economic security, collective impact, college and career readiness, new school creation and school transformation. The majority of education funding goes to the fort worth-dallas metropolitan area with a few grants going to national organizations. The rcf education team's direct activities include providing leadership and professional development training for teachers, non-profit and school leaders.
Medical research - the rcf medical research team primarily supports the tau consortium. The mission of the tau consortium is to leverage the brightest minds in academia to understand the causes of a class on neurodegenerative diseases called tauopathies. In 2021 the consortium held two virtual gatherings and sponsored a third where researchers from around the world presented the findings of their research and collaborated on future work. The program includes oversight and management of annual tau consortium giving which consists of over 60 grants in 2021.
Return of a prior period qualifying distribution

Grants made by Rainwater Charitable Foundation

GranteeGrant descriptionAmount
Community Foundation of North Texas (NTXCF)T3$2,452,312
Big ThoughtGeneral Operations With the Aim of Closing the Opportunity Gap for Marginalized Youth$1,000,000
East Texas Veterans Community Council Camp VOpening A Spendable Endowment Fund With the East Texas Communities Foundation ($500,000), and To Pay Down Debt ($500,000).$1,000,000
...and 234 more grants made totalling $36,144,597

Personnel at Rainwater Charitable Foundation

NameTitleCompensation
Susan MontgomeryExecutive Vice President and Chief Financial Officer$260,915
Randolph KimChief Information Officer and Investment Manager$865,146
Jeremy SmithPresident and Executive Director$621,811
Amy RommelProgram Director$183,941
Leticia M Toledo-ShermanSenior Director / Tau Consortium Senio$290,005
...and 5 more key personnel

Financials for Rainwater Charitable Foundation

RevenuesFYE 12/2021
Total grants, contributions, etc.$0
Investment income and dividends$2,008,755
Net rental income$0
Net gain from sale of non-inventory assets$25,710,485
Gross sales of inventory$0
Miscellaneous revenues$18,546,109
Total revenues$46,265,349

Form 990s for Rainwater Charitable Foundation

Fiscal year endingDate received by IRSFormPDF link
2021-122022-11-15990PFView PDF
2020-122021-11-15990PFView PDF
2019-122021-05-11990PFView PDF
2018-122020-01-08990PFView PDF
2017-122019-02-01990PFView PDF
...and 5 more Form 990s

Organizations like Rainwater Charitable Foundation

OrganizationLocationRevenue
Wood-Claeyssens FoundationSanta Barbara, CA$19,490,467
Anthony Pritzker Family Foundation - CopyChicago, IL$17,964,802
Hamill FoundationHouston, TX$39,782,936
Paul E Singer FoundationNew York, NY$19,273,091
Mervin Bovaird FoundationTulsa, OK$12,231,581
The Hawks FoundationOmaha, NE$65,081,612
Margaret A Cargill FoundationEden Prairie, MN$151,709,717
Charles K. Blandin Residuary TrustLas Vegas, NV$41,270,602
Hemenway& BarnesBoston, MA$13,873,859
Volo FoundationWest Palm Beach, FL$19,332,652
Data update history
July 15, 2023
Posted financials
Added Form 990PF for fiscal year 2021
June 30, 2023
Posted financials
Added Form 990PF for fiscal year 2020
June 4, 2023
Updated personnel
Identified 1 new personnel
June 1, 2023
Updated personnel
Identified 13 new personnel
May 21, 2023
Used new vendors
Identified 6 new vendors, including , , , , , and
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donations
General information
Address
777 Main St Suite 2250
Fort Worth, TX 76102
Metro area
Dallas-Fort Worth-Arlington, TX
County
Tarrant County, TX
Website URL
rainwatercharitablefoundation.org/ 
Phone
(817) 820-2700
IRS details
EIN
80-0870036
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2014
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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