WASHINGTON, DC
Norman R Rales And Ruth Rales Foundation
Quick Facts
- EIN
- 596874589
- Location
- WASHINGTON, DC
- Category
- General
- Total Assets
- $185.5M
- Annual Income
- $8.2M
- IRS Ruling Year
- 1988
- Organization Type
- Trust
- Principal Officer
- % Joseph O Bunting Iii
- Tax Deductibility
- Contributions are deductible
About This Foundation
Norman R Rales And Ruth Rales Foundation is a private trust based in WASHINGTON, DC. The foundation received its IRS ruling in 1988. The principal officer is % Joseph O Bunting Iii. It holds total assets of $185.5M. Annual income is reported at $8.2M. Contributions to this foundation are tax-deductible.
View 990 FilingsFinancial Overview
Total Giving
$16.3M
2023+0%
Total Assets
$212.2M
2023+0%
Fair Market Value
N/A
2023
Net Worth
$212.2M
2023
Grants Paid
N/A
2023
Contributions
$0
2023
Net Investment Income
$7.8M
2023
Distribution Amount
$10.6M
2023
Total Giving by Year
$589K
10$922K
11$893K
12$2.7M
13$2.7M
14$6.5M
18$9.1M
19$9.8M
20$15.5M
21$16.3M
22$16.3M
23Asset Growth
$13M
10$11.2M
11$100.8M
12$103.5M
13$103.5M
14$157.7M
18$221.9M
19$273.9M
20$222M
21$212.2M
22$212.2M
23Financial Details (2023)
- Total Revenue
- $7.8M
- Total Expenses
- $16.3M
- Required Distribution
- $10.6M
- Total Liabilities
- $4K
Grantmaking Insights
Total Grants
50
Total Giving
$36.4M
Average Grant
$728K
Median Grant
$113K
Total Giving by Year
$9.1M (14 grants)
21$13.8M (20 grants)
22$13.4M (16 grants)
23Grant Range
Min$5K
Max$5.2M
Median: $113K
Smallest grantLargest grant
Openness to New Grantees (2023)
19%
of 2023 grantees were first-time recipients
Geographic Distribution of Grants
AK
ME
VT
NH
WA
ID
MT
ND
MN
WI
MI
NY
NY: $15.3M (10)
MA
CT
RI
OR
NV
WY
SD
IA
IL
IL: $5K (1)
IN
OH
PA
NJ
CA
CA: $6M (4)
UT
CO
NE
MO
KY
WV
VA
VA: $3.6M (8)
MD
MD: $4.7M (8)
DE
DC
DC: $1.7M (16)
AZ
NM
KS
AR
TN
NC
SC
OK
LA
MS
AL
GA
FL
FL: $5.1M (3)
HI
TX
NY$15.3M (10)
CA$6M (4)
FL$5.1M (3)
MD$4.7M (8)
VA$3.6M (8)
DC$1.7M (16)
Past Grantees
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Success Academy Charter Schools IncEDUCATIONAL SUPPORT | New York, NY | $4.5M | 2023 |
| Kipp FoundationEDUCATIONAL SUPPORT | San Francisco, CA | $3.7M | 2023 |
| Montgomery County Public Schools Educational Foundation IncEDUCATIONAL SUPPORT | Rockville, MD | $2M | 2023 |
| Ruth And Norman Rales Jewish Family Services IncCOUNSELING AND EDUCATIONAL SUPPORT | Boca Raton, FL | $1.7M | 2023 |
| Ron Brown Scholar FundEDUCATIONAL SUPPORT | Charlottesville, VA | $1.2M | 2023 |
| Conquer Cancer Fdn Of The American Society Of Clinical OncologyGENERAL SUPPORT | Alexandria, VA | $115K | 2023 |
| Corporation Of The Washington Latin SchoolEDUCATIONAL SUPPORT | Washington, DC | $54K | 2023 |
| National Alliance For Public Charter SchoolsEDUCATIONAL SUPPORT | Washington, DC | $50K | 2023 |
| Jewish Community Center Of Northern Virginia IncGENERAL SUPPORT | Fairfax, VA | $25K | 2023 |
| United States Holocaust Memorial CouncilGENERAL SUPPORT | Washington, DC | $25K | 2023 |
| The Conference Of Presidents Of Major American Jewish Orgs FundGENERAL SUPPORT | New York, NY | $25K | 2023 |
| Ingenuity PrepEDUCATIONAL SUPPORT | Washington, DC | $24K | 2023 |
| Relay Graduate School Of EducationEDUCATIONAL SUPPORT | New York, NY | $12K | 2023 |
| Jewish Federation Of Greater Washington IncGENERAL SUPPORT | North Bethesda, MD | $10K | 2023 |
| Occidental CollegeEDUCATIONAL SUPPORT | Los Angeles, CA | $10K | 2023 |
| American Foundation For Suicide PreventionGENERAL SUPPORT | New York, NY | $5K | 2023 |
| Success Academy Charter Schools IncEDUCATIONAL SUPPORT | New York, NY | $5.2M | 2022 |
| Kipp FoundationEDUCATIONAL SUPPORT | San Francisco, CA | $2.3M | 2022 |
| Montgomery County Public Schools Educational Foundation IncEDUCATIONAL SUPPORT | Rockville, MD | $2M | 2022 |
| Ruth And Norman Rales Jewish Family Services IncCOUNSELING AND EDUCATIONAL SUPPORT | Boca Raton, FL | $2M | 2022 |
| Ron Brown Scholar FundEDUCATIONAL SUPPORT | Charlottesville, VA | $1M | 2022 |
| Jewish Agency For Israel-North American CouncilGENERAL SUPPORT | New York, NY | $250K | 2022 |
| The Johns Hopkins HospitalCHILDREN'S CENTER | Baltimore, MD | $250K | 2022 |
| Kipp Dc Public Charter SchoolsEDUCATIONAL SUPPORT | Washington, DC | $205K | 2022 |
| Dc Preparatory AcademyEDUCATIONAL SUPPORT | Washington, DC | $159K | 2022 |
| Conquer Cancer Fdn Of The American Society Of Clinical OncologyGENERAL SUPPORT | Alexandria, VA | $115K | 2022 |
| Corporation Of The Washington Latin SchoolEDUCATIONAL SUPPORT | Washington, DC | $112K | 2022 |
| Relay Graduate School Of EducationEDUCATIONAL SUPPORT | New York, NY | $60K | 2022 |
| Ingenuity PrepEDUCATIONAL SUPPORT | Washington, DC | $54K | 2022 |
| National Alliance For Public Charter SchoolsEDUCATIONAL SUPPORT | Washington, DC | $50K | 2022 |
| United States Holocaust Memorial CouncilGENERAL SUPPORT | Washington, DC | $25K | 2022 |
| American Jewish CommitteeGENERAL SUPPORT | New York, NY | $25K | 2022 |
| Jewish Community Center Of Northern Virginia IncGENERAL SUPPORT | Fairfax, VA | $25K | 2022 |
| Manna Food Center IncGENERAL SUPPORT | Silver Spring, MD | $15K | 2022 |
| Occidental CollegeEDUCATIONAL SUPPORT | Los Angeles, CA | $10K | 2022 |
| Tfk Chicago VoyagersGENERAL SUPPORT | Schaumburg, IL | $5K | 2022 |
| Success Academy Charter Schools IncEDUCATIONAL SUPPORT | New York, NY | $5.1M | 2021 |
| Ruth & Norman Rales Jewish Family ServicesCOUNSELING AND EDUCATIONAL SUPPORT | Boca Raton, FL | $1.4M | 2021 |
| Ron Brown Scholar FundEDUCATIONAL SUPPORT | Charlottesville, VA | $1M | 2021 |
| Dc Preparatory AcademyEDUCATIONAL SUPPORT | Washington, DC | $354K | 2021 |
| Montgomery County Public Schools Educational FndEDUCATIONAL SUPPORT | Rockville, MD | $281K | 2021 |
| Kipp Dc Public Charter SchoolsEDUCATIONAL SUPPORT | Washington, DC | $215K | 2021 |
| Ingenuity PrepEDUCATIONAL SUPPORT | Washington, DC | $169K | 2021 |
| Conquer Cancer FoundationGENERAL SUPPORT | Alexandria, VA | $115K | 2021 |
| Corporation Of The Washington Latin SchoolEDUCATIONAL SUPPORT | Washington, DC | $113K | 2021 |
| Johns Hopkins UniversityGERIATRIC PSYCHIATRY | Baltimore, MD | $112K | 2021 |
| Relay Graduate School Of EducationEDUCATIONAL SUPPORT | New York, NY | $90K | 2021 |
| The Jewish Federation Of Greater Washington IncGENERAL SUPPORT | Bethesda, MD | $70K | 2021 |
| District Of Columbia International SchoolEDUCATIONAL SUPPORT | Washington, DC | $62K | 2021 |
| National Alliance For Public Charter SchoolsEDUCATIONAL SUPPORT | Washington, DC | $50K | 2021 |
990-PF Filings
| Tax Period | Return Type | View |
|---|---|---|
| 2023-11 | 990PF | View Filing |
| 2022-11 | 990PF | View Filing |
| 2021-11 | 990PF | View Filing |
| 2020-11 | 990PF | View Filing |
Filings sourced from IRS e-file index. View all on ProPublica