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
Grantee | Grant description | Grant year | Amount |
---|
Community Foundation of North Texas (NTXCF) | T3 | 2021-12 | $2,452,312 |
Big Thought | General Operations With the Aim of Closing the Opportunity Gap for Marginalized Youth | 2021-12 | $1,000,000 |
East Texas Veterans Community Council Camp V | Opening A Spendable Endowment Fund With the East Texas Communities Foundation ($500,000), and To Pay Down Debt ($500,000). | 2021-12 | $1,000,000 |
...and 234 more grants made totalling $36,144,597 |
Personnel at Rainwater Charitable Foundation
Name | Title | Compensation | Date of data |
---|
Susan Montgomery | Executive Vice President and Chief Financial Officer | $260,915 | 2022-11-15 |
Randolph Kim | Chief Information Officer and Investment Manager | $865,146 | 2021-12-31 |
Jeremy Smith | President and Executive Director | $621,811 | 2021-12-31 |
Amy Rommel | Program Director | $183,941 | 2021-12-31 |
Leticia M Toledo-Sherman | Senior Director / Tau Consortium Senio | $290,005 | 2021-12-31 |
...and 5 more key personnel |
Financials for Rainwater Charitable Foundation
Revenues | FYE 12/2021 | FYE 12/2020 | % Change |
---|
Total grants, contributions, etc. | $0 | $6,666,667 | -100% |
Investment income and dividends | $2,008,755 | $4,464,494 | -55% |
Net rental income | $0 | $0 | - |
Net gain from sale of non-inventory assets | $25,710,485 | $24,106,396 | 6.7% |
Gross sales of inventory | $0 | $0 | - |
Miscellaneous revenues | $18,546,109 | $-4,399,951 | 521.5% |
Total revenues | $46,265,349 | $30,837,606 | 50% |
Organizations like Rainwater Charitable Foundation
Organization | Type | Location | Revenue |
---|
Wood-Claeyssens Foundation | 501(c)(3) | Santa Barbara, CA | $19,490,467 |
Anthony Pritzker Family Foundation - Copy | 501(c)(3) | Chicago, IL | $17,964,802 |
Hamill Foundation | 501(c)(3) | Houston, TX | $39,782,936 |
Paul E Singer Foundation | 501(c)(3) | New York, NY | $19,273,091 |
Mervin Bovaird Foundation | 501(c)(3) | Tulsa, OK | $12,231,581 |
The Hawks Foundation | 501(c)(3) | Omaha, NE | $65,081,612 |
Margaret A Cargill Foundation | 501(c)(3) | Eden Prairie, MN | $151,709,717 |
Charles K. Blandin Residuary Trust | 501(c)(3) | Las Vegas, NV | $41,270,602 |
Hemenway& Barnes | 501(c)(3) | Boston, MA | $13,873,859 |
Volo Foundation | 501(c)(3) | West 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/Â
- 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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