Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Rath Foundation Inc. is a private corporation based in JANESVILLE, WI. The foundation received its IRS ruling in 1991. It holds total assets of $18.7M. Annual income is reported at $3.2M. Total assets have decreased from $23.9M in 2011 to $18.7M in 2024. The foundation is governed by 5 officers and trustees. Tax records are available from 2017 to 2024. Funding is distributed across 4 states, including Wisconsin, Illinois, Oklahoma. According to available records, Rath Foundation Inc. has made 20 grants totaling $4.3M, with a median grant of $163K. Annual giving has grown from $1.5M in 2021 to $2.8M in 2022. Individual grants have ranged from $31K to $790K, with an average award of $213K. The foundation has supported 10 unique organizations. The foundation primarily supports organizations in Wisconsin, Oklahoma, Illinois, which account for 90% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$31K
Median Grant
$118K
Average Grant
$150K
Largest Grant
$474K
Based on 10 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.
Rath Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 20 grants. Its grantmaking reaches organizations primarily in WI, OK, IL.
Rath Foundation Inc. has distributed a total of $4.3M across 20 grants. The median grant size is $163K, with an average of $213K. Individual grants have ranged from $31K to $790K.
The organization is organized and shall operate exclusively for charitable, scientific, literary, and/or educational purposes.
Rath Foundation Inc. is headquartered in JANESVILLE, WI. While based in WI, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Kate M Fleming | PRESIDENT AND SECRETARY | $100K | $0 | $100K |
| James R Sanger | VICE PRES. AND TREASURER | $58K | $0 | $58K |
| Robert Dodson | VICE PRES. | $58K | $0 | $58K |
| Kara Sanger-Johnson | VICE PRES. | $58K | $0 | $58K |
| Timothy G Schally | ASSISTANT SECRETARY | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$18.7M
Fair Market Value
N/A
Net Worth
$18.7M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
20
Total Giving
$4.3M
Average Grant
$213K
Median Grant
$163K
Unique Recipients
10
Most Common Grant
$53K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of Wisconsin FoundationEDUCATION ENDOWMENT | Madison, WI | $790K | 2022 |
| University Of OklahomaEDUCATION ENDOWMENT | Norman, OK | $546K | 2022 |
| Wisconsin Association Of Independent Colleges And UniversitiesSUPPORT FOR DEVELOPMENT OF INDEPENDENT COLLEGES & UNIVERSITIES IN WISCONSIN | Madison, WI | $369K | 2022 |
| University Of Chicago - BoothEDUCATION ENDOWMENT | Chicago, IL | $342K | 2022 |
| Medical College Of WisconsinEDUCATION ENDOWMENT | Milwaukee, WI | $263K | 2022 |
| Usc Marshall School Of BusinessEDUCATION ENDOWMENT | Los Angeles, CA | $168K | 2022 |
| University Of Wisconsin-Milwaukee FoundationEDUCATION ENDOWMENT | Milwaukee, WI | $131K | 2022 |
| University Of Wisconsin-Eau Claire Foundation IncEDUCATION ENDOWMENT | Eau Claire, WI | $53K | 2022 |
| Stout University FoundationEDUCATION ENDOWMENT | Menomonie, WI | $53K | 2022 |
| University Of Wisconsin-Whitewater Foundation IncEDUCATION ENDOWMENT | Whitewater, WI | $52K | 2022 |