Rao Family Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2021. The principal officer is % Foundation Source. It holds total assets of $3.4M. Annual income is reported at $2.2M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Rao Family Foundation has made 2 grants totaling $65K, with a median grant of $33K. Individual grants have ranged from $15K to $50K, with an average award of $33K. Grant recipients are concentrated in Utah. Contributions to this foundation are tax-deductible.
Rao Family 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 UT.
Rao Family Foundation has distributed a total of $65K across 2 grants. The median grant size is $33K, with an average of $33K. Individual grants have ranged from $15K to $50K.
Rao Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Rao Family Foundation is headquartered in WILMINGTON, DE.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ravi Adusumalli | Dir, Treas | $0 | $0 | $0 |
| Mairi Leining | Dir, Pres, Sec | $0 | $0 | $0 |
Total Giving
$85K
Total Assets
$2.3M
Fair Market Value
$2.8M
Net Worth
$2.3M
Grants Paid
$65K
Contributions
$124K
Net Investment Income
$622K
Distribution Amount
$104K
Total Grants
2
Total Giving
$65K
Average Grant
$33K
Median Grant
$33K
Unique Recipients
1
Most Common Grant
$15K
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Peoples Health Clinic IncWomen's Health and Employee Scholarship Fund | Park City, UT | $50K | 2023 |
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