EIN 80-0870036

Rainwater Charitable Foundation

IRS 501(c) type
501(c)(3)
Num. employees
22
State
Year formed
2014
Most recent tax filings
2022-12-01
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
$11,956,596
2022
Total expenses
$71,852,530
2022
Total assets
$854,485,810
2022
Num. employees
22
2022

Program areas at Rainwater Charitable Foundation

Family and education - the rcf family economic security & 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 family economic security & education funding goes to the fort worth-dallas metropolitan area with a few grants going to national organizations.
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 of neurodegenerative diseases called tauopathies. The program includes oversight and management of annual tau consortium giving which consists of over 100 grants in 2022. In 2022 the consortium held a summer gathering where researchers presented the findings of their research and collaborated on future work, and a drug discovery workshop. Also in 2022 rcf engaged a consultant to assist the team in understanding the landscape of primary tauopathy-specific disease biomarkers to guide future program contribution decisions.
Return of a prior period qualifying distribution

Grants made by Rainwater Charitable Foundation

GranteeGrant descriptionAmount
Alzheimer's AssociationTauopathy Research$2,010,826
Uvalde Cisd Moving Forward FoundationUvalde Moving Forward Foundation - Capital Campaign Support$2,000,000
Social FinanceNorth Texas Pay It Forward Fund$1,000,000
...and 260 more grants made totalling $38,180,976

Personnel at Rainwater Charitable Foundation

NameTitleCompensation
Susan MontgomeryExecutive Vice President and Chief Financial Officer$280,088
Randolph KimChief Information Officer and Investment Manager$916,289
Jeremy SmithPresident and Executive Director$633,446
Amy RommelProgram Director$231,935
Glenn HarrisDirector of Research$256,917
...and 5 more key personnel

Financials for Rainwater Charitable Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Investment income and dividends$4,281,434
Net rental income$0
Net gain from sale of non-inventory assets$7,446,929
Gross sales of inventory$0
Miscellaneous revenues$228,233
Total revenues$11,956,596

Form 990s for Rainwater Charitable Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990PFView PDF
2021-122022-11-15990PFView PDF
2020-122021-11-15990PFView PDF
2019-122021-05-11990PFView PDF
2018-122020-01-08990PFView PDF
...and 6 more Form 990s

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OrganizationLocationRevenue
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Foellinger FoundationFort Wayne, IN$3,064,873
Gleason Family FoundationPine Grove, CA$27,930,532
Miami Dade Community ServicesMiami, FL$3,476,612
Selma E Andrews TrustDallas, TX$7,734,206
Delta Regional FoundationClinton, MS$8,282,076
Koch FoundationGainesville, FL$3,055,261
Hargrove Hudson Charitable Trust XXXXX8005Chicago, IL$6,616,195
Melitta S Pick Charitable TrustMilwaukee, WI$3,575,634
Charles & M. R. Shapiro FoundationNorthbrook, IL$3,368,448
Data update history
January 8, 2024
Posted financials
Added Form 990PF for fiscal year 2022
January 7, 2024
Updated personnel
Identified 1 new personnel
December 26, 2023
Used new vendors
Identified 3 new vendors, including , , and
July 15, 2023
Posted financials
Added Form 990PF for fiscal year 2021
June 30, 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 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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