Granted
Sign in
FORT WORTH, TX

Rainwater Charitable Foundation

Quick Facts

EIN
800870036
Location
FORT WORTH, TX
Category
Philanthropy & Grantmaking
Total Assets
$931.4M
Annual Income
$201.1M
IRS Ruling Year
2014
Organization Type
Trust
Principal Officer
% Robert J Gieb
Tax Deductibility
Contributions are deductible

About This Foundation

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. The foundation operates in the area of philanthropy & grantmaking. Contributions to this foundation are tax-deductible.

View 990 Filings

Financial Overview

Total Giving

$52.6M

2023-27%

Total Assets

$881.1M

2023+3%

Fair Market Value

$1.1B

2023

Net Worth

$881.1M

2023

Grants Paid

$37.9M

2023

Contributions

$0

2023

Net Investment Income

$33.7M

2023

Distribution Amount

$52.8M

2023

Total Giving by Year

$31.3M
13
$33.1M
14
$35.1M
15
$51.4M
19
$52.9M
20
$67M
21
$71.9M
22
$52.6M
23

Asset Growth

$26.7M
13
$22.2M
14
$515.5M
15
$878.1M
19
$866.5M
20
$856.9M
21
$854.5M
22
$881.1M
23

Investment Portfolio (2023)

Total: $88.2M

Corporate Stock: $88.2M
Other Investments: $742.5M
Cash: $311K
Corporate Stock (11%)
Other Investments (89%)
Cash (0%)

Expense Breakdown (2023)

Grants Paid$37.9M
Officer Compensation$3.5M
Interest$1.3M
Travel & Conferences$957K
Occupancy$350K
Accounting Fees$313K
Legal Fees$239K
Printing & Publications$59K
Depreciation$59K
Pension & Benefits$40K

Revenue Sources (2023)

Capital Gains (Net)
$17M
Dividends
$6.3M
Other Income
$5.6M

Financial Details (2023)

Total Revenue
$28.9M
Total Expenses
$52.6M
Exempt Purpose Expenses
$46.1M
Required Distribution
$52.8M
Undistributed Income
$0
Grants Approved (Future)
$2.3M
Total Liabilities
$1
Excise Tax
$468K
Tax Due
$7K

Foundation Classification (2023)

Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings

Grantmaking Insights

Total Grants

50

Total Giving

$25.6M

Average Grant

$512K

Median Grant

$208K

Grant Range

Min$200K
Max$7.3M
Median: $208K
Smallest grantLargest grant

Geographic Distribution of Grants

AK
ME
VT
NH
WA
WA: $250K (1)
ID
MT
ND
MN
WI
MI
NY
NY: $3.6M (9)
MA
MA: $610K (3)
CT
RI
OR
NV
WY
SD
IA
IL
IL: $1M (3)
IN
OH
PA
NJ
CA
CA: $3.4M (15)
UT
CO
NE
MO
KY
WV
VA
MD
DE
DC
AZ
NM
KS
AR
AR: $400K (1)
TN
NC
SC
OK
LA
MS
AL
GA
FL
HI
TX
TX: $15.2M (13)
TX$15.2M (13)
NY$3.6M (9)
CA$3.4M (15)
IL$1M (3)
MA$610K (3)
AR$400K (1)

Past Grantees

RecipientLocationAmountYear
Fort Worth Community Land TrustACQUISTION OF CARROLL PARK PROPERTYFort Worth, TX$7.3M2023
Tarrant To & ThroughPROGRAM SUPPORT - FORT WORTHFort Worth, TX$3M2023
Joan & Sanford I Weill Medical College Of Cornell UniversityMEDICAL RESEARCHNew York, NY$1.8M2023
North Texas Community FoundationCOMMUNITY LAND TRUSTFort Worth, TX$1M2023
Center For Transforming LivesCAPITAL CAMPAIGNFort Worth, TX$1M2023
Rocketship Public Schools TexasPROGRAM SUPPORT - TARRANT COUNTYRedwood City, CA$500K2023
Gary Patterson FoundationPROGRAM SUPPORT - THE BIG GOODFort Worth, TX$500K2023
Tarrant To & ThroughPROGRAM SUPPORT - FORT WORTHFort Worth, TX$433K2023
Academy For Urban School LeadershipPROGRAM SUPPORT - FWISD MIDDLE SCHOOLSChicago, IL$430K2023
The Mentoring AlliancePROGRAM SUPPORT - OUT OF SCHOOL PROGRAMMINGTyler, TX$400K2023
Bridge2rwandaPROGRAM SUPPORT - TEACHER RESIDENCYLittle Rock, AR$400K2023
Alzheimer'S AssociationMEDICAL RESEARCHChicago, IL$377K2023
Saving Hope FoundationPROGRAM SUPPORT - SNIP SNIP HOORAYFort Worth, TX$350K2023
Communities In Schools Of Greater Tarrant County IncPROGRAM SUPPORT - FWISD CASE MGTFort Worth, TX$308K2023
Beacon Hill Preparatory InstitutePROGRAM SUPPORT - CLOSING THE PANDEMIC GAPDallas, TX$300K2023
Michael J Fox FoundationMEDICAL RESEARCHNew York, NY$300K2023
The Regents Of The University Of California San FranciscoMEDICAL RESEARCHSan Francisco, CA$300K2023
University Of OxfordMEDICAL RESEARCH$280K2023
The Chancellor Scholars And Masters Of The University Of CambridgeMEDICAL RESEARCHNew York, NY$260K2023
University Of EdinburghMEDICAL RESEARCH$254K2023
Food For EducationPROGRAM SUPPORT - FEEDING KENYASpokane, WA$250K2023
Trinity College DublinMEDICAL RESEARCHDublin$228K2023
University Of OxfordMEDICAL RESEARCH$225K2023
Jewish Family ServicePROGRAM SUPPORT - DREAM BIG SCHOLARSHIPSDallas, TX$223K2023
Childrens Hospital CorporationMEDICAL RESEARCHBoston, MA$210K2023
The Regents Of The University Of California LaMEDICAL RESEARCHLos Angeles, CA$206K2023
Klinikum Der Universitat MunchenMEDICAL RESEARCH$205K2023
Joan & Sanford I Weill Medical College Of Cornell UniversityMEDICAL RESEARCHNew York, NY$200K2023
The Chancellor Scholars And Masters Of The University Of CambridgeMEDICAL RESEARCHNew York, NY$200K2023
The Regents Of The University Of California LaMEDICAL RESEARCHLos Angeles, CA$200K2023
Scripps Research InstituteMEDICAL RESEARCHLa Jolla, CA$200K2023
Albert Einstein College Of MedicineMEDICAL RESEARCHBronx, NY$200K2023
Mass General BrighamMEDICAL RESEARCHBoston, MA$200K2023
The Regents Of The University Of California San FranciscoMEDICAL RESEARCHSan Francisco, CA$200K2023
The Regents Of The University Of California San FranciscoMEDICAL RESEARCHSan Francisco, CA$200K2023
The Regents Of The University Of California San FranciscoMEDICAL RESEARCHSan Francisco, CA$200K2023
The Regents Of The University Of California San FranciscoMEDICAL RESEARCHSan Francisco, CA$200K2023
The Regents Of The University Of California San FranciscoMEDICAL RESEARCHSan Francisco, CA$200K2023
The Regents Of The University Of California San FranciscoMEDICAL RESEARCHSan Francisco, CA$200K2023
The Regents Of The University Of California San FranciscoMEDICAL RESEARCHSan Francisco, CA$200K2023
Regenerative Research FoundationMEDICAL RESEARCHRensselaer, NY$200K2023
Camp Fire First TexasPROGRAM SUPPORT - EARLY ED AND WORKFORCE DEVELOPMENTFort Worth, TX$200K2023
The Regents Of The University Of California San FranciscoMEDICAL RESEARCHSan Francisco, CA$200K2023
Northwestern UniversityMEDICAL RESEARCHEvanston, IL$200K2023
The ConcilioPROGRAM SUPPORTDallas, TX$200K2023
Icahn School Of Medicine At Mount SinaiMEDICAL RESEARCHNew York, NY$200K2023
The Regents Of The University Of California San FranciscoMEDICAL RESEARCHSan Francisco, CA$200K2023
Blue Dolphin LlcMEDICAL RESEARCHOrinda, CA$200K2023
Michael J Fox FoundationMEDICAL RESEARCHNew York, NY$200K2023
Brigham And Women'S Hospital IncMEDICAL RESEARCHBoston, MA$200K2023

990-PF Filings

Tax PeriodReturn TypeView
2023-12990PFView Filing
2022-12990PFView Filing
2021-12990PFView Filing
2020-12990PFView Filing

Filings sourced from IRS e-file index. View all on ProPublica

See Similar Foundations

Browse all Philanthropy & Grantmaking foundations

More Foundations in Texas

Ready to start your proposal?

Granted uses AI to draft, review, and polish your grant application — saving weeks of work.