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Rain Foundation is a private corporation based in SHERMAN, TX. The foundation received its IRS ruling in 2021. The principal officer is Ashley V Plauche. It holds total assets of $295K. Annual income is reported at $138K. Total assets have grown from $2K in 2020 to $219K in 2023. The foundation is governed by 3 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 2020 to 2023. According to available records, Rain Foundation has made 2 grants totaling $6K, with a median grant of $3K. Annual giving has grown from $2K in 2021 to $4K in 2023. Individual grants have ranged from $2K to $4K, with an average award of $3K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Illinois. Contributions to this foundation are tax-deductible.
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.
Rain Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in IL.
Rain Foundation has distributed a total of $6K across 2 grants. The median grant size is $3K, with an average of $3K. Individual grants have ranged from $2K to $4K.
Rain Foundation typically selects its grantees rather than accepting unsolicited proposals.
Rain Foundation is headquartered in SHERMAN, TX.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ashley V Hoffmann | PRESIDENT | $0 | $0 | N/A |
| Hunter Plauche | Vice President | $0 | $0 | N/A |
| Avalon Bertholf | Treasurer | $0 | $0 | N/A |
Total Giving
$12K
Total Assets
$219K
Fair Market Value
$233K
Net Worth
$219K
Grants Paid
$4K
Contributions
$88K
Net Investment Income
$3K
Distribution Amount
$7K
Total: N/A
Total Grants
2
Total Giving
$6K
Average Grant
$3K
Median Grant
$3K
Unique Recipients
2
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Faith Christian ChurchGeneral Operating | Mundelein, IL | $4K | 2023 |
| The Moody ChurchGeneral support | Chicago, IL | $2K | 2021 |