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Rainwater Charitable Foundation is a private trust based in FORT WORTH, TX. The foundation received its IRS ruling in 2014. The principal officer is % Robert J Gieb. It holds total assets of $931.4M. Annual income is reported at $201.1M. 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. According to available records, Rainwater Charitable Foundation has made 1,287 grants totaling $187.3M, with a median grant of $50K. The foundation has distributed between $37.9M and $54.6M annually from 2020 to 2023. Grantmaking activity was highest in 2021 with $54.6M distributed across 336 grants. Individual grants have ranged from $9 to $7.3M, with an average award of $146K. The foundation has supported 494 unique organizations. The foundation primarily supports organizations in Texas, California, New York, which account for 76% of all grants. Grantmaking reaches organizations across 35 states. Contributions to this foundation are tax-deductible.
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, SCHOOL LEADERSHIP, 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.
Expenses: $1.1M
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 2020 THE CONSORTIUM HELD TWO INTERNATIONAL GATHERINGS AND COHOSTED 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 2020.
Expenses: $1.9M
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. Based on available records, the foundation has funded 1,287 grants. Its grantmaking reaches organizations primarily in TX, CA, NY.
Rainwater Charitable Foundation has distributed a total of $187.3M across 1,287 grants. The median grant size is $50K, with an average of $146K. Individual grants have ranged from $9 to $7.3M.
Rainwater Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
Rainwater Charitable Foundation is headquartered in FORT WORTH, TX. While based in TX, the foundation distributes grants to organizations across 35 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Aaron Bigbee | CIO AND INVESTMENT MANAGER | $591K | $264K | $859K |
| Jeremy Smith | PRESIDENT AND EXECUTIVE DIRECTOR | $587K | $141K | $740K |
| Melissa Parrish | EXECUTIVE VP AND CFO | $513K | $83K | $600K |
| Randolph Kim | CIO AND INVESTMENT MANAGER (TO 2/24/23 | $454K | $71K | $527K |
| Susan Montgomery | VP/ CONTROLLER/ TAX DIRECTOR | $277K | $72K | $354K |
Total Giving
$52.6M
Total Assets
$881.1M
Fair Market Value
$1.1B
Net Worth
$881.1M
Grants Paid
$37.9M
Contributions
$0
Net Investment Income
$33.7M
Distribution Amount
$52.8M
Total: $88.2M
Total Grants
1,287
Total Giving
$187.3M
Average Grant
$146K
Median Grant
$50K
Unique Recipients
494
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Fort Worth Community Land TrustACQUISTION OF CARROLL PARK PROPERTY | Fort Worth, TX | $7.3M | 2023 |
| Tarrant To & ThroughPROGRAM SUPPORT - FORT WORTH | Fort Worth, TX | $3M | 2023 |
| Joan & Sanford I Weill Medical College Of Cornell UniversityMEDICAL RESEARCH | New York, NY | $1.8M | 2023 |
| North Texas Community FoundationCOMMUNITY LAND TRUST | Fort Worth, TX | $1M | 2023 |
| Center For Transforming LivesCAPITAL CAMPAIGN | Fort Worth, TX | $1M |
BROOKLYN PARK, MN
PRINCETON, NJ
OAKLAND, CA
RACINE, WI
| Walter J Rainwater Jr | TRUSTEE | $213K | $0 | $213K |
| Richard T Rainwater | TRUSTEE | $213K | $0 | $217K |
| Courtney E Rainwater | TRUSTEE | $0 | $0 | $0 |
| Matthew J Rainwater | TRUSTEE | $0 | $0 | $4K |
| 2023 |
| Gary Patterson FoundationPROGRAM SUPPORT - THE BIG GOOD | Fort Worth, TX | $500K | 2023 |
| Rocketship Public Schools TexasPROGRAM SUPPORT - TARRANT COUNTY | Redwood City, CA | $500K | 2023 |
| Academy For Urban School LeadershipPROGRAM SUPPORT - FWISD MIDDLE SCHOOLS | Chicago, IL | $430K | 2023 |
| The Mentoring AlliancePROGRAM SUPPORT - OUT OF SCHOOL PROGRAMMING | Tyler, TX | $400K | 2023 |
| Bridge2rwandaPROGRAM SUPPORT - TEACHER RESIDENCY | Little Rock, AR | $400K | 2023 |
| Alzheimer'S AssociationMEDICAL RESEARCH | Chicago, IL | $377K | 2023 |
| Saving Hope FoundationPROGRAM SUPPORT - SNIP SNIP HOORAY | Fort Worth, TX | $350K | 2023 |
| Communities In Schools Of Greater Tarrant County IncPROGRAM SUPPORT - FWISD CASE MGT | Fort Worth, TX | $308K | 2023 |
| Beacon Hill Preparatory InstitutePROGRAM SUPPORT - CLOSING THE PANDEMIC GAP | Dallas, TX | $300K | 2023 |
| Michael J Fox FoundationMEDICAL RESEARCH | New York, NY | $300K | 2023 |
| The Regents Of The University Of California San FranciscoMEDICAL RESEARCH | San Francisco, CA | $300K | 2023 |
| University Of OxfordMEDICAL RESEARCH | — | $280K | 2023 |
| The Chancellor Scholars And Masters Of The University Of CambridgeMEDICAL RESEARCH | New York, NY | $260K | 2023 |
| University Of EdinburghMEDICAL RESEARCH | — | $254K | 2023 |
| Food For EducationPROGRAM SUPPORT - FEEDING KENYA | Spokane, WA | $250K | 2023 |
| Trinity College DublinMEDICAL RESEARCH | Dublin | $228K | 2023 |
| Jewish Family ServicePROGRAM SUPPORT - DREAM BIG SCHOLARSHIPS | Dallas, TX | $223K | 2023 |
| Childrens Hospital CorporationMEDICAL RESEARCH | Boston, MA | $210K | 2023 |
| The Regents Of The University Of California LaMEDICAL RESEARCH | Los Angeles, CA | $206K | 2023 |
| Klinikum Der Universitat MunchenMEDICAL RESEARCH | — | $205K | 2023 |
| Washington University School Of MedicineMEDICAL RESEARCH | St Louis, MO | $200K | 2023 |
| University Of Texas Health Science Center San AntonioMEDICAL RESEARCH | San Antonio, TX | $200K | 2023 |
| Mass General BrighamMEDICAL RESEARCH | Boston, MA | $200K | 2023 |
| Blue Dolphin LlcMEDICAL RESEARCH | Orinda, CA | $200K | 2023 |
| The ConcilioPROGRAM SUPPORT | Dallas, TX | $200K | 2023 |
| Brigham And Women'S Hospital IncMEDICAL RESEARCH | Boston, MA | $200K | 2023 |
| Albert Einstein College Of MedicineMEDICAL RESEARCH | Bronx, NY | $200K | 2023 |
| Camp Fire First TexasPROGRAM SUPPORT - EARLY ED AND WORKFORCE DEVELOPMENT | Fort Worth, TX | $200K | 2023 |
| United Way Of Tarrant CountyPROGRAM SUPPORT - EARLY LEARNING ALLIANCE | Fort Worth, TX | $200K | 2023 |
| Scripps Research InstituteMEDICAL RESEARCH | La Jolla, CA | $200K | 2023 |
| Unthsc FoundationMEDICAL RESEARCH | Fort Worth, TX | $200K | 2023 |
| Regenerative Research FoundationMEDICAL RESEARCH | Rensselaer, NY | $200K | 2023 |
| Icahn School Of Medicine At Mount SinaiMEDICAL RESEARCH | New York, NY | $200K | 2023 |
| University Of Southern CaliforniaMEDICAL RESEARCH | Los Angeles, CA | $200K | 2023 |
| Northwestern UniversityMEDICAL RESEARCH | Evanston, IL | $200K | 2023 |
| Florida State University Research FoundationPROGRAM SUPPORT - TEACHING RESIDENCY AFRICA | Tallahassee, FL | $200K | 2023 |
| Oxiant Discovery AbMEDICAL RESEARCH | Sodertalje | $175K | 2023 |
| Eastern Switzerland UniversityMEDICAL RESEARCH | St Gallen | $170K | 2023 |
| University Of Texas At AustinMEDICAL RESEARCH | Austin, TX | $163K | 2023 |
| Board Of Trustees Of The University Of IllinoisMEDICAL RESEARCH | Champaign, IL | $163K | 2023 |
| Ftd Disorders RegistryMEDICAL RESEARCH | King Of Prussia, PA | $156K | 2023 |
| Brai3nMEDICAL RESEARCH | Gent | $151K | 2023 |
| Child Care AssociatesOPERATIONS SUPPORT | Fort Worth, TX | $150K | 2023 |
| Massachusetts General HospitalMEDICAL RESEARCH | Boston, MA | $150K | 2023 |
| University College LondonMEDICAL RESEARCH | — | $150K | 2023 |
HOUSTON, TX
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