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Mitchell P Rales Family Foundation is a private corporation based in POTOMAC, MD. The foundation received its IRS ruling in 1995. It holds total assets of $730K. Annual income is reported at $2.6M. Total assets have decreased from $5M in 2011 to $730K in 2024. The foundation is governed by 5 officers and trustees. The foundation made cash and noncash contributions to pre-selected charitable organizations of $547,236. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2024. The foundation primarily funds organizations in Maine, Maryland and New York. According to available records, Mitchell P Rales Family Foundation has made 79 grants totaling $9.6M, with a median grant of $5K. Annual giving has grown from $1.8M in 2020 to $6.4M in 2022. Individual grants have ranged from $100 to $3M, with an average award of $121K. The foundation has supported 34 unique organizations. The foundation primarily supports organizations in Maryland, Ohio, Maine, which account for 84% of all grants. Grantmaking reaches organizations across 8 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$100
Median Grant
$3K
Average Grant
$68K
Largest Grant
$1M
Based on 20 grants from the most recent 990-PF filing.
The foundation made cash and noncash contributions to pre-selected charitable organizations of $3,224,574.
The foundation made cash and noncash contributions to pre-selected charitable organizations of $547,236. Based on available records, the foundation has funded 79 grants. Its grantmaking reaches organizations primarily in MD, OH, ME.
Mitchell P Rales Family Foundation has distributed a total of $9.6M across 79 grants. The median grant size is $5K, with an average of $121K. Individual grants have ranged from $100 to $3M.
Mitchell P Rales Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Mitchell P Rales Family Foundation is headquartered in POTOMAC, MD. While based in MD, the foundation distributes grants to organizations across 8 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Rachel L S Plumley | SECRETARY/TREASURER | $0 | $0 | N/A |
| Matthew J Rales | VICE PRESIDENT | $0 | $0 | N/A |
| Mitchell P Rales | CHAIRMAN/DIRECTOR | $0 | $0 | N/A |
| Amanda F Rales | VICE PRESIDENT | $0 | $0 | N/A |
| C Scott Brannan | PRESIDENT | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$730K
Fair Market Value
N/A
Net Worth
$730K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
79
Total Giving
$9.6M
Average Grant
$121K
Median Grant
$5K
Unique Recipients
34
Most Common Grant
$3K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Norwood SchoolEDUCATIONAL SUPPORT | Bethesda, MD | $3M | 2022 |
| Thomas Jefferson FoundationGENERAL SUPPORT | Charlottesville, VA | $100K | 2022 |
| New York Stem Cell FoundationGENERAL SUPPORT | Ny, NY | $50K | 2022 |
| Willowind Therapeutic Riding Center IncGENERAL SUPPORT | Bar Harbor, ME | $13K | 2022 |
| Mt Desert Land & Garden PreserveGENERAL SUPPORT | Seal Harbor, ME | $10K | 2022 |
| Maine Coast Heritage TrustGENERAL SUPPORT | Topsham, ME | $5K | 2022 |
| Mount Desert Island Historical SocietyGENERAL SUPPORT | Mt Desert, ME | $5K | 2022 |
| Northeast Harbor LibraryGENERAL SUPPORT | Northeast Harbor, ME | $5K | 2022 |
| Ashley Bryan CenterGENERAL SUPPORT | Islesford, ME | $5K | 2022 |
| National Gallery Of ArtGENERAL SUPPORT | Landover, MD | $5K | 2022 |
| Mt Desert Island Biological LaboratoryGENERAL SUPPORT | Bar Harbor, ME | $3K | 2022 |
| Mt Desert Police AssociationGENERAL SUPPORT | Ne Harbor, ME | $3K | 2022 |
| Seal Harbor Village Improvement SocietyGENERAL SUPPORT | Seal Harbor, ME | $3K | 2022 |
| The Neighborhood HouseGENERAL SUPPORT | Northeast Harbor, ME | $3K | 2022 |
| Maine Seacoast MissionGENERAL SUPPORT | N E Harbor, ME | $3K | 2022 |
| Spca Of Hancock CountyGENERAL SUPPORT | Trenton, ME | $1K | 2022 |
| Islesford BoatworksGENERAL SUPPORT | Islesford, ME | $1K | 2022 |
| Mt Desert Nursing AssociationGENERAL SUPPORT | N E Harbor, ME | $500 | 2022 |
| Bar Harbor Historical SocietyGENERAL SUPPORT | Bar Harbor, ME | $500 | 2022 |
| Mdi Search & RescueGENERAL SUPPORT | Bar Harbor, ME | $500 | 2022 |
| Mt Desert 365GENERAL SUPPORT | N E Harbor, ME | $206K | 2021 |
| Miami University FoundationEDUCATIONAL SUPPORT | Oxford, OH | $47K | 2021 |
BALTIMORE, MD
OWINGS MILLS, MD
HANOVER, MD