Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Rachel Foundation is a private corporation based in BROOKLYN, NY. The foundation received its IRS ruling in 2007. The principal officer is Jacob Rieger. It holds total assets of $10.8M. Annual income is reported at $1.1M. Total assets have grown from $2.5M in 2010 to $10.8M in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2023. The foundation primarily funds organizations in New York and New Jersey. According to available records, Rachel Foundation has made 61 grants totaling $1.4M, with a median grant of $5K. Annual giving has grown from $349K in 2020 to $454K in 2023. Grantmaking activity was highest in 2022 with $635K distributed across 30 grants. Individual grants have ranged from $500 to $300K, with an average award of $24K. The foundation has supported 29 unique organizations. Grants have been distributed to organizations in New York and New Jersey. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$5K
Average Grant
$6K
Largest Grant
$18K
Based on 16 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Rachel Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 61 grants. Its grantmaking reaches organizations primarily in NY, NJ.
Rachel Foundation has distributed a total of $1.4M across 61 grants. The median grant size is $5K, with an average of $24K. Individual grants have ranged from $500 to $300K.
Rachel Foundation typically selects its grantees rather than accepting unsolicited proposals.
Rachel Foundation is headquartered in BROOKLYN, NY. While based in NY, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Rachel Rieger | DIRECTOR | $0 | $0 | N/A |
| Abraham Rieger | DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$10.8M
Fair Market Value
N/A
Net Worth
$10.8M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
61
Total Giving
$1.4M
Average Grant
$24K
Median Grant
$5K
Unique Recipients
29
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Bobover Yeshiva Bnei ZionRELIGIOUS EDUCATION | Brooklyn, NY | $300K | 2023 |
| Yeshiva Shefa ChaimEDUCATIONAL | Suffern, NY | $35K | 2023 |
| Mosdos SkolyaWELFARE | Brooklyn, NY | $18K | 2023 |
| Congregation Sanz Of LakewoodCONGREGATION | Lakewood, NJ | $15K | 2023 |
| Kollel Medrash ShmuelRELIGIOUS EDUCATION | Brooklyn, NY | $15K | 2023 |
| Congregation YmhCONGREGATION | Brooklyn, NY | $10K | 2023 |
| Khal Adas YeraimRELIGIOUS EDUCATION | Brooklyn, NY | $10K | 2023 |
| Yeshiva Chasan Sofer D'MotersdurfRELIGIOUS EDUCATION | Brooklyn, NY | $9K | 2023 |
| Cong Pri AharonRELIGIOUS EDUCATION | Lakewood, NJ | $7K | 2023 |
| Mesivta Of LakewoodRELIGIOUS EDUCATION | Lakewood, NJ | $6K | 2023 |
| Talmud Torah Bais AvrohomRELIGIOUS EDUCATION | Lakewood, NJ | $6K | 2023 |
| Cong Yetev LevRELIGIOUS ACTIVITIES | Brooklyn, NY | $5K | 2023 |
| Yeshiva Bnei TorahRELIGIOUS EDUCATION | Brooklyn, NY | $5K | 2023 |
| Bais RochelRELIGIOUS EDUCATION | Brooklyn, NY | $5K | 2023 |
| Congregation Pnei MivenCONGREGATION | Brooklyn, NY | $4K | 2023 |
| Friends Of Mosdot GurRELIGIOUS ACTIVITIES | Brooklyn, NY | $4K | 2023 |
| Congregation Chochmas EliezerCONGREGATION | Brooklyn, NY | $1K | 2023 |
| Mesivta Eitz ChaimEDUCATIONAL | Brooklyn, NY | $1K | 2023 |
| BaisainuRELIGIOUS EDUCATION | Ferndale, NY | $500 | 2023 |
| Cong Khal YeraimWELFARE | Brooklyn, NY | $5K | 2022 |
| Chaim Medical ResourceWELFAREWELFARE | Brooklyn, NY | $2K | 2022 |
| Cong Kol YaakovRELIGIOUS EDUCATION | Brooklyn, NY | $1K | 2022 |
| Congregation BethelCONGREGATION | Monsey, NY | $800 | 2022 |
| Talmud Torah Ohel YochananRELIGIOUS EDUCATION | Brooklyn, NY | $500 | 2022 |